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Bidstack Group (Bidstack Group) ROC (Joel Greenblatt) % : -1,549.94% (As of Jun. 2023)


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What is Bidstack 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. Bidstack Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was -1,549.94%.

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

FTBGF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -49400   Med: -15843.84   Max: -920.75
Current: -1130.34

During the past 13 years, Bidstack Group's highest ROC (Joel Greenblatt) % was -920.75%. The lowest was -49400.00%. And the median was -15843.84%.

FTBGF's ROC (Joel Greenblatt) % is not ranked
in the Interactive Media industry.
Industry Median: -0.05 vs FTBGF: -1130.34

Bidstack Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 21.00% per year.


Bidstack Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for Bidstack 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.

Bidstack Group ROC (Joel Greenblatt) % Chart

Bidstack Group 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 -39,942.86 -16,714.29 -16,780.36 -17,630.00 -14,619.18

Bidstack Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 -19,046.73 -17,548.09 -1,023.87 -1,389.88 -1,549.94

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

For the Electronic Gaming & Multimedia subindustry, Bidstack 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.


Bidstack Group's ROC (Joel Greenblatt) % Distribution in the Interactive Media Industry

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

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



Bidstack 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. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.353 + 0 + 1.144) - (2.899 + 0 + 7.072)
=-0.474

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.991 + 0 + 2.326) - (9.708 + 0 + 0)
=1.609

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bidstack Group for the quarter that ended in Jun. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2022  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-13.5/( ( (0.074 + max(-0.474, 0)) + (0.059 + max(1.609, 0)) )/ 2 )
=-13.5/( ( 0.074 + 1.668 )/ 2 )
=-13.5/0.871
=-1,549.94 %

Note: The EBIT data used here is two times the semi-annual (Jun. 2023) 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.


Bidstack Group  (GREY:FTBGF) 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.


Bidstack Group ROC (Joel Greenblatt) % Related Terms

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Bidstack Group (Bidstack Group) Business Description

Traded in Other Exchanges
Address
14 Hewett Street, WeWork The Hewett, 3rd Floor, London, GBR, EC2A 3NP
Bidstack Group PLC is a United Kingdom-based native in-game advertising company. It is engaged in developing software technology to place programmatic advertising campaigns directly into video games via SDK or API. Its technology is used by game publishers and developers, advertising agencies, and programmatic advertising platforms. Its model is to secure exclusive access to the native in-game advertising space within video games from the game developers or publishers and then to sell that advertising space either direct to specific brands or through programmatic advertising platforms. Geographically the company generates the majority of its revenue from Europe, the Middle East, and Africa (EMEA), and also has its presence in the USA.

Bidstack Group (Bidstack Group) Headlines

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