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Everyday People Financial (TSXV:EPF) ROC (Joel Greenblatt) % : 289.42% (As of Sep. 2024)


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What is Everyday People Financial 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. Everyday People Financial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 289.42%.

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

TSXV:EPF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -50.72   Med: -2.77   Max: 209.73
Current: 209.73

During the past 4 years, Everyday People Financial's highest ROC (Joel Greenblatt) % was 209.73%. The lowest was -50.72%. And the median was -2.77%.

TSXV:EPF's ROC (Joel Greenblatt) % is ranked better than
66.58% of 386 companies
in the Credit Services industry
Industry Median: 47.75 vs TSXV:EPF: 209.73

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


Everyday People Financial ROC (Joel Greenblatt) % Historical Data

The historical data trend for Everyday People Financial'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.

Everyday People Financial ROC (Joel Greenblatt) % Chart

Everyday People Financial Annual Data
Trend Jul20 Jul21 Jul22 Dec23
ROC (Joel Greenblatt) %
- -50.72 -1.09 -2.77

Everyday People Financial Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 6.94 96.42 253.73 169.94 289.42

Competitive Comparison of Everyday People Financial's ROC (Joel Greenblatt) %

For the Credit Services subindustry, Everyday People Financial'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.


Everyday People Financial's ROC (Joel Greenblatt) % Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Everyday People Financial's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Everyday People Financial's ROC (Joel Greenblatt) % falls into.



Everyday People Financial 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: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(12.522 + 9.798 + 1.874) - (27.92 + 0.341 + -7.105427357601E-15)
=-4.067

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(11.11 + 6.73 + 1.536) - (27.455 + 0.189 + 7.105427357601E-15)
=-8.268

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Everyday People Financial for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=9.26/( ( (3.173 + max(-4.067, 0)) + (3.226 + max(-8.268, 0)) )/ 2 )
=9.26/( ( 3.173 + 3.226 )/ 2 )
=9.26/3.1995
=289.42 %

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


Everyday People Financial  (TSXV:EPF) 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.


Everyday People Financial ROC (Joel Greenblatt) % Related Terms

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


Everyday People Financial Business Description

Traded in Other Exchanges
Address
11150 Jasper Avenue, Suite 450, Edmonton, AB, CAN, T5K 0C7
Everyday People Financial Corp is a financial services provider. Through its technology-driven ecosystem, alternative and specialty credit financing programs it offers credit and payment cards, homeownership facilitation, consumer lending, and payment management among other services. The reportable operating segments of the company are; Financial services, EP Homes facilitation services, Revenue cycle management services, and Contract receivable services. The majority of the company's revenue is derived from its Revenue cycle management services segment which provides debt collection services for corporations that have past due and default accounts. Geographically, the company generates a majority of its revenue from Canada followed by the United Kingdom and the United States of America.
Executives
Scott Cleghorn Sinclair Director
Amy Marie Ter Haar Director
Tyler John Hatch Senior Officer
Darren David Colin Wagner Senior Officer
Adelhardt Hermann Glombick Senior Officer
Dilpreet Singh Boparai Senior Officer
Rajvir Jassar Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Graham Rankin Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Carrie Lee Reykdal 10% Security Holder, Director or Senior Officer of 10% Security Holder
Gordon Reykdal Director, Senior Officer
Allan Scullion Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Heidi Roszmann Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Peter Sorrentino Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Everyday People Financial Headlines

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