Vascular Biogenics (STU:0VB) ROC (Joel Greenblatt) %: -425.63% (As of Jun. 2023)

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What is Vascular Biogenics ROC (Joel Greenblatt) %?

Vascular Biogenics STU:0VB 10 ROC (Joel Greenblatt) % is -425.63% as of Jun. 2023. GuruFocus rates STU:0VB with a GF Score™ of 10/100. The stock has 5 warning signs investors should review.

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. Vascular Biogenics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -425.63%.

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

STU:0VB' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4348.25   Med: -371.05   Max: -201.97
Current: -241.89

During the past 11 years, Vascular Biogenics's highest ROC (Joel Greenblatt) % was -201.97%. The lowest was -4348.25%. And the median was -371.05%.

STU:0VB's ROC (Joel Greenblatt) % is not ranked
in the Biotechnology industry.
Industry Median: -297.52 vs STU:0VB: -241.89

Vascular Biogenics's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -10.00% per year.


Vascular Biogenics  (STU:0VB) 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.


Vascular Biogenics ROC (Joel Greenblatt) % Related Terms


Vascular Biogenics ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Vascular Biogenics'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.

Vascular Biogenics ROC (Joel Greenblatt) % Chart

Vascular Biogenics Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -257.86 -204.19 -243.41 -351.74 -417.24

Vascular Biogenics Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -436.59 -472.22 -174.59 -261.33 -425.63

STU:0VB vs MBIO, GNPX, LEXX: ROC (Joel Greenblatt) % Comparison

For the Biotechnology subindustry, Vascular Biogenics'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.


Vascular Biogenics ROC (Joel Greenblatt) % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Vascular Biogenics's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Vascular Biogenics 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: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.819) - (7.243 + 0 + 0)
=-6.424

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.262) - (3.47 + 0 + 1.423)
=-4.631

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Vascular Biogenics for the quarter that ended in Jun. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3.188/( ( (0.749 + max(-6.424, 0)) + (0 + max(-4.631, 0)) )/ 1 )
=-3.188/( ( 0.749 + 0 )/ 1 )
=-3.188/0.749
=-425.63 %

Note: The EBIT data used here is four times the quarterly (Jun. 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.

What does a ROC (Joel Greenblatt) % of -425.63% mean?
Vascular Biogenics (STU:0VB) has a ROC (Joel Greenblatt) % of -425.63% as of Jun. 2023. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Vascular Biogenics and its competitors.
Is Vascular Biogenics' ROC (Joel Greenblatt) % too high?
Vascular Biogenics' current ROC (Joel Greenblatt) % is -425.63%. Overall, Vascular Biogenics has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Vascular Biogenics' ROC (Joel Greenblatt) % compare to MBIO and GNPX?
Vascular Biogenics' ROC (Joel Greenblatt) % of -425.63% can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Biotechnology company?
A good ROC (Joel Greenblatt) % depends on the Biotechnology industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Vascular Biogenics and its competitors. Vascular Biogenics's current ROC (Joel Greenblatt) % is -425.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vascular Biogenics stock overvalued right now?
Vascular Biogenics (STU:0VB) has a current ROC (Joel Greenblatt) % of -425.63%. The current ROC (Joel Greenblatt) % is -425.63%. Vascular Biogenics' overall GF Score™ is 10/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Vascular Biogenics (STU:0VB), the current ROC (Joel Greenblatt) % is -425.63% as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Vascular Biogenics Business Description

Address 8 HaSatat Street, Modi’in, ISR, 7178106
Vascular Biogenics Ltd is a clinical-stage biopharmaceutical company. It is focused on the discovery, development, and commercialization of first-in-class treatments for cancer. The lead product candidate of the company is VB-111 which is a gene-based biologic which is being developed for solid tumor indications for recurrent glioblastoma, an aggressive form of brain cancer. The company is also engaged in conducting a program targeting anti-inflammatory diseases, based on the use of Lecinoxoid platform technology. The product brands of the company include VTS, Vascular Targeting Systems, Vbl, Vascular Biogenics And Vascular Therapeutics.