GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » DANKS -Europejskie Centrum Doradztwa Podatkowego SA (WAR:DNS) » Definitions » ROC (Joel Greenblatt) %

DANKS -Europejskie Centrum Doradztwa Podatkowego (WAR:DNS) ROC (Joel Greenblatt) % : 194.87% (As of Sep. 2024)


View and export this data going back to 2011. Start your Free Trial

What is DANKS -Europejskie Centrum Doradztwa Podatkowego 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. DANKS -Europejskie Centrum Doradztwa Podatkowego's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 194.87%.

The historical rank and industry rank for DANKS -Europejskie Centrum Doradztwa Podatkowego's ROC (Joel Greenblatt) % or its related term are showing as below:

WAR:DNS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 50.14   Med: 242.27   Max: 898.79
Current: 411.04

During the past 13 years, DANKS -Europejskie Centrum Doradztwa Podatkowego's highest ROC (Joel Greenblatt) % was 898.79%. The lowest was 50.14%. And the median was 242.27%.

WAR:DNS's ROC (Joel Greenblatt) % is ranked better than
93.6% of 1047 companies
in the Business Services industry
Industry Median: 21.38 vs WAR:DNS: 411.04

DANKS -Europejskie Centrum Doradztwa Podatkowego's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -27.20% per year.


DANKS -Europejskie Centrum Doradztwa Podatkowego ROC (Joel Greenblatt) % Historical Data

The historical data trend for DANKS -Europejskie Centrum Doradztwa Podatkowego'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.

DANKS -Europejskie Centrum Doradztwa Podatkowego ROC (Joel Greenblatt) % Chart

DANKS -Europejskie Centrum Doradztwa Podatkowego Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.91 75.86 50.14 62.20 60.05

DANKS -Europejskie Centrum Doradztwa Podatkowego Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27.08 -55.15 1,286.44 154.79 194.87

Competitive Comparison of DANKS -Europejskie Centrum Doradztwa Podatkowego's ROC (Joel Greenblatt) %

For the Specialty Business Services subindustry, DANKS -Europejskie Centrum Doradztwa Podatkowego'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.


DANKS -Europejskie Centrum Doradztwa Podatkowego's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, DANKS -Europejskie Centrum Doradztwa Podatkowego's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where DANKS -Europejskie Centrum Doradztwa Podatkowego's ROC (Joel Greenblatt) % falls into.



DANKS -Europejskie Centrum Doradztwa Podatkowego 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)
=(0.54 + 0 + 0.159) - (5.818 + 0 + 3.758)
=-8.877

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.579 + 0 + 0.157) - (4.74 + 0 + 3.758)
=-7.762

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of DANKS -Europejskie Centrum Doradztwa Podatkowego 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 )
=2.24/( ( (1.169 + max(-8.877, 0)) + (1.13 + max(-7.762, 0)) )/ 2 )
=2.24/( ( 1.169 + 1.13 )/ 2 )
=2.24/1.1495
=194.87 %

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.


DANKS -Europejskie Centrum Doradztwa Podatkowego  (WAR:DNS) 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.


DANKS -Europejskie Centrum Doradztwa Podatkowego ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of DANKS -Europejskie Centrum Doradztwa Podatkowego's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


DANKS -Europejskie Centrum Doradztwa Podatkowego Business Description

Traded in Other Exchanges
N/A
Address
Ulica Rafaela 14, Warsaw, POL, 03-604
DANKS -Europejskie Centrum Doradztwa Podatkowego SA is engaged in providing services related to accounting and financial advisory services, particularly in the conduct of accounting and tax advice to businesses. The company services include consultancy in the field of accounting, company value valuation and financial modelling.

DANKS -Europejskie Centrum Doradztwa Podatkowego Headlines

No Headlines