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CVC Capital Partners (XAMS:CVC) ROC (Joel Greenblatt) % : 343.88% (As of Dec. 2024)


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What is CVC Capital Partners 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. CVC Capital Partners's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 343.88%.

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

XAMS:CVC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 420.79   Med: 455.65   Max: 455.65
Current: 420.79

During the past 2 years, CVC Capital Partners's highest ROC (Joel Greenblatt) % was 455.65%. The lowest was 420.79%. And the median was 455.65%.

XAMS:CVC's ROC (Joel Greenblatt) % is ranked better than
74.66% of 592 companies
in the Asset Management industry
Industry Median: 44.595 vs XAMS:CVC: 420.79

CVC Capital Partners's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


CVC Capital Partners ROC (Joel Greenblatt) % Historical Data

The historical data trend for CVC Capital Partners'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.

CVC Capital Partners ROC (Joel Greenblatt) % Chart

CVC Capital Partners Annual Data
Trend Dec23 Dec24
ROC (Joel Greenblatt) %
1,957.99 365.72

CVC Capital Partners Semi-Annual Data
Jun23 Dec23 Jun24 Dec24
ROC (Joel Greenblatt) % - 1,969.26 334.92 343.88

Competitive Comparison of CVC Capital Partners's ROC (Joel Greenblatt) %

For the Asset Management subindustry, CVC Capital Partners'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.


CVC Capital Partners's ROC (Joel Greenblatt) % Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CVC Capital Partners's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where CVC Capital Partners's ROC (Joel Greenblatt) % falls into.


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CVC Capital Partners 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)
=(192.222 + 0 + 0) - (247.75 + 0 + 438.698)
=-494.226

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(42.304 + 0 + 0) - (65.207 + 0 + 280.338)
=-303.241

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CVC Capital Partners for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=500.12/( ( (112.212 + max(-494.226, 0)) + (178.661 + max(-303.241, 0)) )/ 2 )
=500.12/( ( 112.212 + 178.661 )/ 2 )
=500.12/145.4365
=343.88 %

Note: The EBIT data used here is two times the semi-annual (Dec. 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.


CVC Capital Partners  (XAMS:CVC) 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.


CVC Capital Partners ROC (Joel Greenblatt) % Related Terms

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


CVC Capital Partners Business Description

Traded in Other Exchanges
Address
Level 1, IFC 1, Esplanade, St Helier, JEY, JE2 3BX
Citibank established CVC Capital Partners in 1981 as its European venture capital business. Spun out as a wholly independent entity in 1993, CVC, in due course, transformed into a manager of private equity, private credit, real estate, and infrastructure funds. CVC invests most of its funds in Europe and the United States, with a smaller exposure to Asia.

CVC Capital Partners Headlines

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