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Gi Group Poland (WAR:GIG) ROC (Joel Greenblatt) % : -148.60% (As of Mar. 2024)


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What is Gi Group Poland 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. Gi Group Poland's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -148.60%.

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

WAR:GIG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -490.13   Med: -1.82   Max: 380.22
Current: -248.61

During the past 13 years, Gi Group Poland's highest ROC (Joel Greenblatt) % was 380.22%. The lowest was -490.13%. And the median was -1.82%.

WAR:GIG's ROC (Joel Greenblatt) % is ranked worse than
94.36% of 1064 companies
in the Business Services industry
Industry Median: 21.13 vs WAR:GIG: -248.61

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


Gi Group Poland ROC (Joel Greenblatt) % Historical Data

The historical data trend for Gi Group Poland'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.

Gi Group Poland ROC (Joel Greenblatt) % Chart

Gi Group Poland Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -490.13 380.22 -4.23 -49.01 -164.79

Gi Group Poland Quarterly Data
Dec17 Sep18 Dec18 Sep19 Dec19 Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 406.15 -14.25 179.23 -741.76 -148.60

Competitive Comparison of Gi Group Poland's ROC (Joel Greenblatt) %

For the Staffing & Employment Services subindustry, Gi Group Poland'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.


Gi Group Poland's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Gi Group Poland's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Gi Group Poland's ROC (Joel Greenblatt) % falls into.



Gi Group Poland 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(89.93 + 0 + 0.51000000000001) - (80.078 + 0 + 30.327)
=-19.965

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(88.114 + 0 + 0.648) - (77.515 + 0 + 31.074)
=-19.827

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Gi Group Poland for the quarter that ended in Mar. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-12.932/( ( (9.218 + max(-19.965, 0)) + (8.187 + max(-19.827, 0)) )/ 2 )
=-12.932/( ( 9.218 + 8.187 )/ 2 )
=-12.932/8.7025
=-148.60 %

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


Gi Group Poland  (WAR:GIG) 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.


Gi Group Poland ROC (Joel Greenblatt) % Related Terms

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Gi Group Poland (WAR:GIG) Business Description

Traded in Other Exchanges
N/A
Address
Sky Tower, ul. Gwiazdzista 66, Wroclaw, POL, 53-413
Gi Group Poland SA formerly Work Service SA is a Poland-based employment agency. It specializes in employment services and modern human resource solutions, providing services in the area of recruitment, the provision of skilled workers to clients, consulting and human resource management. The company has four main product lines, Temporary work, Outsourcing, Personnel Consulting and Strategic HR Consulting. The company generates a majority of its revenue from temporary work segment covering services relating to the recruitment of temporary workers directed to work for the contractor, supervising their work, reporting results, as well as the calculation of the components of remuneration and personnel record keeping and payment of wages.

Gi Group Poland (WAR:GIG) Headlines