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NuScale Power (NuScale Power) ROC (Joel Greenblatt) % : -6,498.03% (As of Dec. 2023)


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What is NuScale Power ROC (Joel Greenblatt) %?

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. NuScale Power's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -6,498.03%.

The historical rank and industry rank for NuScale Power's ROC (Joel Greenblatt) % or its related term are showing as below:

SMR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6202.23   Med: -3491.24   Max: -981.94
Current: -5923.33

During the past 5 years, NuScale Power's highest ROC (Joel Greenblatt) % was -981.94%. The lowest was -6202.23%. And the median was -3491.24%.

SMR's ROC (Joel Greenblatt) % is ranked worse than
99.63% of 3005 companies
in the Industrial Products industry
Industry Median: 13.22 vs SMR: -5923.33

NuScale Power's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


NuScale Power ROC (Joel Greenblatt) % Historical Data

The historical data trend for NuScale Power's ROC (Joel Greenblatt) % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

NuScale Power ROC (Joel Greenblatt) % Chart

NuScale Power Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-981.94 -2,593.57 -3,491.24 -4,727.54 -6,202.23

NuScale Power Quarterly Data
Dec19 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5,533.40 -4,784.13 -4,608.11 -7,531.95 -6,498.03

Competitive Comparison of NuScale Power's ROC (Joel Greenblatt) %

For the Specialty Industrial Machinery subindustry, NuScale Power's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NuScale Power's ROC (Joel Greenblatt) % Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, NuScale Power's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where NuScale Power's ROC (Joel Greenblatt) % falls into.



NuScale Power ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.19 + 0 + 21.493) - (37.395 + 0 + 44.088)
=-39.8

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10.127 + 0 + 24.154) - (45.094 + 0 + 40.869)
=-51.682

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of NuScale Power for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-284.224/( ( (4.632 + max(-39.8, 0)) + (4.116 + max(-51.682, 0)) )/ 2 )
=-284.224/( ( 4.632 + 4.116 )/ 2 )
=-284.224/4.374
=-6,498.03 %

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


NuScale Power  (NYSE:SMR) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


NuScale Power ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of NuScale Power's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


NuScale Power (NuScale Power) Business Description

Traded in Other Exchanges
N/A
Address
6650 SW Redwood Lane, Suite 210, Portland, OR, USA, 97224
NuScale Power Corp is engaged in the development of a new modular light water reactor nuclear power plant to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications.
Executives
Thomas P Mundy officer: Chief Commercial Officer 6550 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Chris Colbert officer: Chief Financial Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Shinji Fujino director 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Alan L Boeckmann director C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Robert Ramsey Hamady officer: Chief Financial Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Carl M. Fisher officer: Chief Operating Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Rudy Murgo officer: Treasurer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Karin Feldman officer: Interim Chief Operating Office 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
John Lawrence Hopkins director, officer: Chief Executive Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Julie Adelman officer: Controller 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Clayton Scott officer: EVP, Business Development 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Robert K Temple officer: General Counsel 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Reyes Jose N Jr officer: Chief Technology Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Dale Atkinson officer: Chief Operating Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Ibk Securities Co., Ltd. 10 percent owner 11 GUKJEGEUMYUNG-RO 6-GIL, YEONGDEUNGPO-GU, SEOUL M5 07330

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