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XBP (XBP Europe Holdings) ROC (Joel Greenblatt) % : -54.74% (As of Jun. 2024)


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What is XBP Europe Holdings 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. XBP Europe Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was -54.74%.

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

XBP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -64.83   Med: -20.34   Max: -10.51
Current: -29.6

During the past 5 years, XBP Europe Holdings's highest ROC (Joel Greenblatt) % was -10.51%. The lowest was -64.83%. And the median was -20.34%.

XBP's ROC (Joel Greenblatt) % is ranked worse than
68% of 2769 companies
in the Software industry
Industry Median: 17.4 vs XBP: -29.60

XBP Europe Holdings's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


XBP Europe Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for XBP Europe Holdings'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.

XBP Europe Holdings ROC (Joel Greenblatt) % Chart

XBP Europe Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- -64.83 -24.97 -10.51 -15.71

XBP Europe Holdings Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 20.10 -10.72 -46.83 -5.87 -54.74

Competitive Comparison of XBP Europe Holdings's ROC (Joel Greenblatt) %

For the Software - Infrastructure subindustry, XBP Europe Holdings'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.


XBP Europe Holdings's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, XBP Europe Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where XBP Europe Holdings's ROC (Joel Greenblatt) % falls into.



XBP Europe Holdings 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: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20.892 + 4.738 + 8.488) - (50.684 + 6.732 + 16.288)
=-39.586

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.875 + 4.689 + 9.482) - (49.476 + 5.907 + 16.777)
=-39.114

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of XBP Europe Holdings for the quarter that ended in Jun. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-10.772/( ( (20.278 + max(-39.586, 0)) + (19.08 + max(-39.114, 0)) )/ 2 )
=-10.772/( ( 20.278 + 19.08 )/ 2 )
=-10.772/19.679
=-54.74 %

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


XBP Europe Holdings  (NAS:XBP) 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.


XBP Europe Holdings ROC (Joel Greenblatt) % Related Terms

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XBP Europe Holdings Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
2701 East Grauwyler Road, Irving, TX, USA, 75061
XBP Europe Holdings Inc is a pan-European integrator of bills, payments and related solutions and services seeking to enable the digital transformation of its more than 2,000 clients. The company's name - XBP stands for exchange for bills and payments and reflects the company's strategy to connect buyers and suppliers, across industries, including banking, healthcare, insurance, utilities and the public sector, to optimize clients' bills and payments and related digitization processes. The company provides business process management solutions with proprietary software suites and deep domain expertise, serving as a technology and services partner for its clients. Its cloud-based structure enables it to deploy its solutions across the European market, the Middle East, and Africa.