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Yellow Pages (TSX:Y) ROC (Joel Greenblatt) % : 238.42% (As of Dec. 2024)


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What is Yellow Pages 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. Yellow Pages's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 238.42%.

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

TSX:Y' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -624.82   Med: 263.22   Max: 640.05
Current: 389.07

During the past 13 years, Yellow Pages's highest ROC (Joel Greenblatt) % was 640.05%. The lowest was -624.82%. And the median was 263.22%.

TSX:Y's ROC (Joel Greenblatt) % is ranked better than
95.41% of 1045 companies
in the Media - Diversified industry
Industry Median: 7.78 vs TSX:Y: 389.07

Yellow Pages's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 37.40% per year.


Yellow Pages ROC (Joel Greenblatt) % Historical Data

The historical data trend for Yellow Pages'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.

Yellow Pages ROC (Joel Greenblatt) % Chart

Yellow Pages Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 179.48 346.96 608.16 640.05 461.77

Yellow Pages Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 604.19 453.53 381.10 390.06 238.42

Competitive Comparison of Yellow Pages's ROC (Joel Greenblatt) %

For the Publishing subindustry, Yellow Pages'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.


Yellow Pages's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Yellow Pages's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Yellow Pages 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.731 + 0 + 5.891) - (25.365 + 0.879 + 12.803)
=0.575

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(33.502 + 0 + 5.781) - (17.809 + 0.8 + 22.284)
=-1.61

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Yellow Pages for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=18.68/( ( (7.677 + max(0.575, 0)) + (7.418 + max(-1.61, 0)) )/ 2 )
=18.68/( ( 8.252 + 7.418 )/ 2 )
=18.68/7.835
=238.42 %

Note: The EBIT data used here is four times the quarterly (Dec. 2024) 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.


Yellow Pages  (TSX:Y) 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.


Yellow Pages ROC (Joel Greenblatt) % Related Terms

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


Yellow Pages Business Description

Traded in Other Exchanges
Address
1751 Richardson Street, Suite 8.300, Montreal, QC, CAN, H3K 1G6
Yellow Pages Ltd is a media and marketing solutions company in Canada. It offers local and national businesses access to digital and print media and marketing solutions to reach consumers in all the provinces and territories of Canada.
Executives
Goldentree Asset Management Lp 10% Security Holder
Sherilyn Ann King Senior Officer
Treena Cooper Director
Franco Sciannamblo Senior Officer
Dany Paradis Senior Officer

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