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Making Science Group (XPAR:ALMKS) ROC (Joel Greenblatt) % : 82.58% (As of Jun. 2024)


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What is Making Science Group 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. Making Science Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 82.58%.

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

XPAR:ALMKS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -77.21   Med: 63.89   Max: 741.02
Current: 83.12

During the past 5 years, Making Science Group's highest ROC (Joel Greenblatt) % was 741.02%. The lowest was -77.21%. And the median was 63.89%.

XPAR:ALMKS's ROC (Joel Greenblatt) % is ranked better than
82.69% of 1034 companies
in the Media - Diversified industry
Industry Median: 8.425 vs XPAR:ALMKS: 83.12

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


Making Science Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for Making Science Group'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.

Making Science Group ROC (Joel Greenblatt) % Chart

Making Science Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
304.47 741.02 -77.21 63.89 33.76

Making Science Group Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -5.81 184.97 7.29 83.31 82.58

Competitive Comparison of Making Science Group's ROC (Joel Greenblatt) %

For the Advertising Agencies subindustry, Making Science Group'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.


Making Science Group's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Making Science Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Making Science Group 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)
=(41.588 + 3.026 + 0.60199999999999) - (52.747 + 0 + 10.682)
=-18.213

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.404 + 3.236 + 0.429) - (62.331 + 0 + 5.822)
=-24.084

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Making Science Group 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: Dec. 2023  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7.692/( ( (7.098 + max(-18.213, 0)) + (11.531 + max(-24.084, 0)) )/ 2 )
=7.692/( ( 7.098 + 11.531 )/ 2 )
=7.692/9.3145
=82.58 %

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


Making Science Group  (XPAR:ALMKS) 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.


Making Science Group ROC (Joel Greenblatt) % Related Terms

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Making Science Group Business Description

Traded in Other Exchanges
Address
Calle Lopez de Hoyos 135, 3rd floor, Madrid, ESP, 28002
Making Science Group SA is engaged in the business of technology and marketing solutions for the digital business. The company provides solutions in areas of digital marketing, data analytics, e-commerce, and cloud. The company carries out its professional activity in 10 countries: United States, Spain, Portugal, Ireland, Georgia, Italy, France, United Kingdom, Mexico, Colombia. The Company obtains its income mainly from advertising and public relations services.

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