TSGO (Trade School Go) ROC (Joel Greenblatt) %: 222.67% (As of Sep. 2023)

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TSGO Trade School Go Inc TSGO
12 GF Score
Price $0.09
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What is Trade School Go ROC (Joel Greenblatt) %?

Trade School Go TSGO +9.88% 12 ROC (Joel Greenblatt) % is 222.67% as of Sep. 2023. GuruFocus rates TSGO with a GF Score™ of 12/100.

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. Trade School Go's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 222.67%.

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

TSGO's ROC (Joel Greenblatt) % is not ranked *
in the Education industry.
Industry Median: 18.88
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Trade School Go  (OTCPK:TSGO) 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.


Trade School Go ROC (Joel Greenblatt) % Related Terms


Trade School Go ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Trade School Go'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.

Trade School Go ROC (Joel Greenblatt) % Chart

Trade School Go Annual Data
Trend Oct07 Oct08 Oct09 Oct12 Oct13 Dec14 Dec15 Dec16 Dec17 Dec18
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.19 -1,559.63 -10.00 -10,305.88 -24,327.27

Trade School Go Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep22 Sep23
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 -3,190.30 -697.37 -1,608.45 210.22 222.67

TSGO vs FRZT, WINR, VRVR: ROC (Joel Greenblatt) % Comparison

For the Education & Training Services subindustry, Trade School Go'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.


Trade School Go ROC (Joel Greenblatt) % vs Education Industry

For the Education industry and Consumer Defensive sector, Trade School Go's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Trade School Go's ROC (Joel Greenblatt) % falls into.


TSGO
12GF Score
Trade School Go Inc TSGO
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Trade School Go 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.436 + 0 + 0.537) - (0.238 + 1.327 + 0.00099999999999989)
=-0.593

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Trade School Go for the quarter that ended in Sep. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2022  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.668/( ( (0 + max(0, 0)) + (0.3 + max(-0.593, 0)) )/ 1 )
=0.668/( ( 0 + 0.3 )/ 1 )
=0.668/0.3
=222.67 %

Note: The EBIT data used here is four times the quarterly (Sep. 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 222.67% mean?
Trade School Go (TSGO) has a ROC (Joel Greenblatt) % of 222.67% as of Sep. 2023. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Trade School Go and its competitors.
Is Trade School Go's ROC (Joel Greenblatt) % too high?
Trade School Go's current ROC (Joel Greenblatt) % is 222.67%. The Education industry median ROC (Joel Greenblatt) % is 18.88. Trade School Go's value of 222.67% is 1079.4% above this industry median. Overall, Trade School Go has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Trade School Go's ROC (Joel Greenblatt) % compare to FRZT and WINR?
Trade School Go's ROC (Joel Greenblatt) % of 222.67% can be compared against companies in the Education industry. The industry median ROC (Joel Greenblatt) % is 18.88. Trade School Go's value of 222.67% is 1079.4% above this benchmark. 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 an Education company?
The median ROC (Joel Greenblatt) % among Education companies is 18.88, based on 264 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Trade School Go's current ROC (Joel Greenblatt) % of 222.67% is 1079.4% above the industry median. 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 Trade School Go and its competitors. For the Education industry, the median ROC (Joel Greenblatt) % is 18.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Trade School Go's current ROC (Joel Greenblatt) % is 222.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Trade School Go stock overvalued right now?
Trade School Go (TSGO) has a current ROC (Joel Greenblatt) % of 222.67%. The current ROC (Joel Greenblatt) % is 222.67% and 1079.4% above the Education industry median of 18.88. Trade School Go's overall GF Score™ is 12/100. 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 Trade School Go (TSGO), the current ROC (Joel Greenblatt) % is 222.67% as of Sep. 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.

Trade School Go Business Description

Address 1776 Broadway, Suite 2002, New York, NY, USA, 10019
Trade School Go Inc is engaged in providing right training program for in-demand trades like electrical work, plumbing, HVAC, welding, automotive technology, healthcare, IT, and more. It provides guidance to individuals through every step - from choosing a program to understanding licensing requirements to landing a job.
12GF Score

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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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