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AGEDB Technology (TSXV:AGET) ROC (Joel Greenblatt) % : -50.59% (As of Jan. 2025)


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What is AGEDB Technology 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. AGEDB Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2025 was -50.59%.

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

TSXV:AGET' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -6717.86   Med: -6692.46   Max: -59.67
Current: -59.67

During the past 2 years, AGEDB Technology's highest ROC (Joel Greenblatt) % was -59.67%. The lowest was -6717.86%. And the median was -6692.46%.

TSXV:AGET's ROC (Joel Greenblatt) % is ranked worse than
73.65% of 2770 companies
in the Software industry
Industry Median: 18.235 vs TSXV:AGET: -59.67

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


AGEDB Technology ROC (Joel Greenblatt) % Historical Data

The historical data trend for AGEDB Technology'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.

AGEDB Technology ROC (Joel Greenblatt) % Chart

AGEDB Technology Annual Data
Trend Apr23 Apr24
ROC (Joel Greenblatt) %
-6,717.86 -6,667.06

AGEDB Technology Quarterly Data
Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only -3,996.72 -8,248.48 108.60 288.75 -50.59

Competitive Comparison of AGEDB Technology's ROC (Joel Greenblatt) %

For the Software - Infrastructure subindustry, AGEDB Technology'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.


AGEDB Technology's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, AGEDB Technology's ROC (Joel Greenblatt) % distribution charts can be found below:

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


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AGEDB Technology 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: Oct. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.256 + 0 + 0.049) - (0.214 + 2.157 + 0)
=3.934

Working Capital(Q: Jan. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.052) - (0.318 + 0.04 + 0)
=-0.306

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of AGEDB Technology for the quarter that ended in Jan. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2024  Q: Jan. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.016/( ( (0.067 + max(3.934, 0)) + (0.016 + max(-0.306, 0)) )/ 2 )
=-1.016/( ( 4.001 + 0.016 )/ 2 )
=-1.016/2.0085
=-50.59 %

Note: The EBIT data used here is four times the quarterly (Jan. 2025) 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.


AGEDB Technology  (TSXV:AGET) 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.


AGEDB Technology ROC (Joel Greenblatt) % Related Terms

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AGEDB Technology Business Description

Traded in Other Exchanges
N/A
Address
1120 Finch Avenue West, Suite 702, Toronto, ON, CAN, M3J 3J7
AGEDB Technology Ltd is focused on the development of software and solutions for graph database management systems. Its core product AgensGraph Enterprise is a multi-model graph database designed for businesses demanding the highest performance, reliability, and scalability levels. It also offers professional consultancy services related to graph databases to its clients through AgensGraph Professional Services. The company operates in one principal geographical area, which is Canada.

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