VTRO (Vitro Biopharma) ROC (Joel Greenblatt) %: -4,948.56% (As of Oct. 2022)

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What is Vitro Biopharma ROC (Joel Greenblatt) %?

Vitro Biopharma VTRO ROC (Joel Greenblatt) % is -4,948.56% as of Oct. 2022. The stock has 6 warning signs investors should review.

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. Vitro Biopharma's annualized ROC (Joel Greenblatt) % for the quarter that ended in Oct. 2022 was -4,948.56%.

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

VTRO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1294.65   Med: -537.19   Max: 67.5
Current: -1237.14

During the past 13 years, Vitro Biopharma's highest ROC (Joel Greenblatt) % was 67.50%. The lowest was -1294.65%. And the median was -537.19%.

VTRO's ROC (Joel Greenblatt) % is not ranked
in the Biotechnology industry.
Industry Median: -291.605 vs VTRO: -1237.14

Vitro Biopharma's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.10% per year.


Vitro Biopharma  (AMEX:VTRO) 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.


Vitro Biopharma ROC (Joel Greenblatt) % Related Terms


Vitro Biopharma ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Vitro Biopharma'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.

Vitro Biopharma ROC (Joel Greenblatt) % Chart

Vitro Biopharma Annual Data
Trend Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct17 Oct21 Oct22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -645.28 -367.44 -255.17 -1,294.65 -1,237.14

Vitro Biopharma Quarterly Data
Oct00 Oct01 Oct02 Oct03 Oct04 Oct05 Oct06 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct17 Oct21 Oct22
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 -2,581.13 -1,469.77 -1,020.69 -5,178.62 -4,948.56

VTRO vs : ROC (Joel Greenblatt) % Comparison

For the Biotechnology subindustry, Vitro Biopharma'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.


Vitro Biopharma ROC (Joel Greenblatt) % vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Vitro Biopharma's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Vitro Biopharma 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. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.127 + 0.118 + 0.764) - (0.754 + 0.5 + -0.00099999999999989)
=-0.244

Working Capital(Q: Oct. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.074 + 0.28 + 1.84) - (1.777 + 0.65 + 0)
=-0.233

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Vitro Biopharma for the quarter that ended in Oct. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Oct. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2021  Q: Oct. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-26.648/( ( (0.448 + max(-0.244, 0)) + (0.629 + max(-0.233, 0)) )/ 2 )
=-26.648/( ( 0.448 + 0.629 )/ 2 )
=-26.648/0.5385
=-4,948.56 %

Note: The EBIT data used here is four times the quarterly (Oct. 2022) 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 -4,948.56% mean?
Vitro Biopharma (VTRO) has a ROC (Joel Greenblatt) % of -4,948.56% as of Oct. 2022. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Vitro Biopharma and its competitors.
Is Vitro Biopharma's ROC (Joel Greenblatt) % too high?
Vitro Biopharma's current ROC (Joel Greenblatt) % is -4,948.56%.
How does Vitro Biopharma's ROC (Joel Greenblatt) % compare to ?
Vitro Biopharma's ROC (Joel Greenblatt) % of -4,948.56% can be compared against companies in the Biotechnology industry. 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 a Biotechnology company?
A good ROC (Joel Greenblatt) % depends on the Biotechnology industry context. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. 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 Vitro Biopharma and its competitors. Vitro Biopharma's current ROC (Joel Greenblatt) % is -4,948.56%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vitro Biopharma stock overvalued right now?
Vitro Biopharma (VTRO) has a current ROC (Joel Greenblatt) % of -4,948.56%. The current ROC (Joel Greenblatt) % is -4,948.56%. 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 Vitro Biopharma (VTRO), the current ROC (Joel Greenblatt) % is -4,948.56% as of Oct. 2022. 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.

Vitro Biopharma Business Description

Comparable Companies
Address 4621 Technology Drive, Golden, CO, USA, 80403
Vitro Diagnostics Inc is a US-based company, which is dedicated to providing high-quality commercialized cell lines, media, and stem cell technology for applications in stem cell research, drug discovery, and therapies. In addition, it also provides tools for clinical development focused on Mesenchymal Stem Cells (MSCs). Further, it offers cancer-associated fibroblasts (CAFs), which are used in the discovery of a new type of CAFs present in pancreatic cancer tumors, called pancreatic stellate cells. Geographically business activities are functioned through the region of United States.