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Pineapple Energy (Pineapple Energy) ROC (Joel Greenblatt) % : 132.94% (As of Mar. 2024)


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What is Pineapple Energy 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. Pineapple Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 132.94%.

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

PEGY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1036.67   Med: -71.95   Max: -0.82
Current: -0.82

During the past 4 years, Pineapple Energy's highest ROC (Joel Greenblatt) % was -0.82%. The lowest was -1036.67%. And the median was -71.95%.

PEGY's ROC (Joel Greenblatt) % is ranked worse than
66.8% of 994 companies
in the Semiconductors industry
Industry Median: 9.08 vs PEGY: -0.82

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


Pineapple Energy ROC (Joel Greenblatt) % Historical Data

The historical data trend for Pineapple Energy'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.

Pineapple Energy ROC (Joel Greenblatt) % Chart

Pineapple Energy Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- -1,036.67 -41.29 -71.95

Pineapple Energy Quarterly Data
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 -126.87 14.92 -98.51 -50.23 132.94

Competitive Comparison of Pineapple Energy's ROC (Joel Greenblatt) %

For the Solar subindustry, Pineapple Energy'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.


Pineapple Energy's ROC (Joel Greenblatt) % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Pineapple Energy's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Pineapple Energy 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)
=(5.011 + 3.579 + 3.51) - (7.951 + 2.552 + 6.419)
=-4.822

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.976 + 2.92 + 3.427) - (8.174 + 2.021 + 5.127)
=-3.999

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Pineapple Energy 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 )
=7.896/( ( (6.028 + max(-4.822, 0)) + (5.851 + max(-3.999, 0)) )/ 2 )
=7.896/( ( 6.028 + 5.851 )/ 2 )
=7.896/5.9395
=132.94 %

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.


Pineapple Energy  (NAS:PEGY) 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.


Pineapple Energy ROC (Joel Greenblatt) % Related Terms

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


Pineapple Energy (Pineapple Energy) Business Description

Traded in Other Exchanges
Address
10900 Red Circle Drive, Minnetonka, MN, USA, 55343
Pineapple Energy Inc provides households with sustainable solar energy, back-up power and security, control and predictability, and cost savings. It provides a full range of installation services, including the design, engineering, procurement, permitting, construction, grid connection, warranty, monitoring and maintenance of residential solar energy systems. The company also offers battery storage to customers in select markets and serves a limited number of enterprise customers.
Executives
Northern Pacific Growth Investment Advisors, Llc 10 percent owner 315 EAST LAKE STREET, SUITE 301, WAYZATA MN 55391
Scott Maskin director 40 GRASSMERE AVENUE, OAKDALE NY 11769
Eric Ingvaldson officer: CHIEF FINANCIAL OFFICER 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Michael R. Zapata director 2765 NW NICOLAI STREET, PORTLAND OR 97210
Roger Hd Lacey director 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Scott Honour director 10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Kyle Udseth director, officer: CHIEF EXECUTIVE OFFICER NORTHERN PACIFIC GROUP, 315 EAST LAKE STREET, SUITE 301, WAYZATA MN 55391
Tom Holland director 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Marilyn S. Adler director 315 LAKE STREET EAST, SUITE 301, WAYZATA MN 55391
Mike Siegler officer: Senior Vice President 10900 RED CIRCLE DR., MINNETONKA MN 55343
Anita Kumar director, officer: President/CEO 10900 RED CIRCLE DRIVE, MINNETONKA MN 55343
Steven Webster director 4901 ARDEN AVE., EDINA MN 55424
Richard A Primuth director
Scott Fluegge officer: VP 12946 66TH ST N, WEST PALM BEACH FL 33412
Scott Gregory Otis officer: VP 18535 SCHROERS FARM ROAD, EDEN PRAIRIE MN 55347

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