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01 Communique Laboratory (TSXV:ONE) ROC (Joel Greenblatt) % : -224.46% (As of Jul. 2024)


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What is 01 Communique Laboratory 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. 01 Communique Laboratory's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jul. 2024 was -224.46%.

The historical rank and industry rank for 01 Communique Laboratory's ROC (Joel Greenblatt) % or its related term are showing as below:

TSXV:ONE' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14100   Med: -1404.56   Max: 2600
Current: -667.82

During the past 13 years, 01 Communique Laboratory's highest ROC (Joel Greenblatt) % was 2600.00%. The lowest was -14100.00%. And the median was -1404.56%.

TSXV:ONE's ROC (Joel Greenblatt) % is ranked worse than
88.08% of 2744 companies
in the Software industry
Industry Median: 17.535 vs TSXV:ONE: -667.82

01 Communique Laboratory's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 25.10% per year.


01 Communique Laboratory ROC (Joel Greenblatt) % Historical Data

The historical data trend for 01 Communique Laboratory'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.

01 Communique Laboratory ROC (Joel Greenblatt) % Chart

01 Communique Laboratory Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,475.00 -1,334.12 -666.33 -538.52 -933.77

01 Communique Laboratory Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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 -610.26 -1,060.32 -1,468.85 -647.62 -224.46

Competitive Comparison of 01 Communique Laboratory's ROC (Joel Greenblatt) %

For the Software - Application subindustry, 01 Communique Laboratory'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.


01 Communique Laboratory's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, 01 Communique Laboratory's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where 01 Communique Laboratory's ROC (Joel Greenblatt) % falls into.



01 Communique Laboratory 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: Apr. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.051 + 0 + 0.009) - (0.07 + 0.005 + -1.3877787807814E-17)
=-0.015

Working Capital(Q: Jul. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.097 + 0 + 0.007) - (0.066 + 0.004 + 0.00099999999999999)
=0.033

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of 01 Communique Laboratory for the quarter that ended in Jul. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jul. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Apr. 2024  Q: Jul. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.156/( ( (0.06 + max(-0.015, 0)) + (0.046 + max(0.033, 0)) )/ 2 )
=-0.156/( ( 0.06 + 0.079 )/ 2 )
=-0.156/0.0695
=-224.46 %

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


01 Communique Laboratory  (TSXV:ONE) 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.


01 Communique Laboratory ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of 01 Communique Laboratory's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


01 Communique Laboratory Business Description

Traded in Other Exchanges
Address
789 Don Mills Road, Suite No. 700, Toronto, ON, CAN, M3C 1T5
01 Communique Laboratory Inc is engaged in development and marketing of its remote access software and its cryptographic software. It focuses on cybersecurity with its IronCAP patent-pending cryptographic system, which operates on conventional computer systems and is designed to protect users and enterprises against the ever-evolving illegitimate and malicious means of gaining access to their data not only today but also in the future as quantum computers appear. As well, the company's legacy business provides customers with secure remote access, marketed under its I'm InTouch, I'm OnCall and I'm InTouch Meeting suite of services and products protected by patents. The Company markets its products predominantly in the United States, Asia/Pacific and Canada.
Executives
Tyson Macaulay Director
William Archibald Train Director
Andrew Cheung Director
Gary Kissack Director
Brian Stringer Senior Officer

01 Communique Laboratory Headlines