GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » The Beachbody Co Inc (NYSE:BODI) » Definitions » ROC (Joel Greenblatt) %

The Beachbody Co (The Beachbody Co) ROC (Joel Greenblatt) % : -494.18% (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is The Beachbody Co 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. The Beachbody Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -494.18%.

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

BODI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -227.91   Med: -194.96   Max: 16.11
Current: -227.91

During the past 6 years, The Beachbody Co's highest ROC (Joel Greenblatt) % was 16.11%. The lowest was -227.91%. And the median was -194.96%.

BODI's ROC (Joel Greenblatt) % is ranked worse than
76.78% of 577 companies
in the Interactive Media industry
Industry Median: -0.05 vs BODI: -227.91

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


The Beachbody Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for The Beachbody Co'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.

The Beachbody Co ROC (Joel Greenblatt) % Chart

The Beachbody Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 16.11 -4.78 -208.78 -194.96 -225.82

The Beachbody Co Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -219.62 -141.95 -139.49 -210.35 -494.18

Competitive Comparison of The Beachbody Co's ROC (Joel Greenblatt) %

For the Internet Content & Information subindustry, The Beachbody Co'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.


The Beachbody Co's ROC (Joel Greenblatt) % Distribution in the Interactive Media Industry

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

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



The Beachbody Co 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.484 + 31.747 + 59.252) - (53.745 + 101.812 + 13.868)
=-76.942

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.27 + 24.976 + 59.718) - (48.472 + 97.169 + 9.659)
=-69.336

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of The Beachbody Co for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-252/( ( (53.869 + max(-76.942, 0)) + (48.118 + max(-69.336, 0)) )/ 2 )
=-252/( ( 53.869 + 48.118 )/ 2 )
=-252/50.9935
=-494.18 %

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


The Beachbody Co  (NYSE:BODI) 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.


The Beachbody Co ROC (Joel Greenblatt) % Related Terms

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


The Beachbody Co (The Beachbody Co) Business Description

Traded in Other Exchanges
N/A
Address
400 Continental Boulevard, Suite 400, El Segundo, CA, USA, 90245
The Beachbody Co Inc is a health and wellness platform providing fitness, nutrition and stress-reducing programs to customers. The product offerings of the company include Digital Subscriptions, Nutritional Products, and Connected Fitness Products. It earns the majority of its revenue from the United States. The company operates and manages its business in two operating segments, Beachbody and Other.
Executives
Jonathan Congdon officer: SEE REMARKS C/O FOREST ROAD ACQUISITION CORP., 1177 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK NY 10036
Mark R Goldston director, officer: Executive Chairman C/O UNITED ONLINE, 2555 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Ann Marie Lundy director C/O THE BEACHBODY COMPANY, INC., 400 CONTINENTAL BLVD., SUITE 400, EL SEGUNDO CA 90245
Carl Daikeler director, 10 percent owner, officer: SEE REMARKS C/O FOREST ROAD ACQUISITION CORP., 1177 AVENUE OF THE AMERICAS, 5TH FLOOR, NEW YORK NY 10036
Kathy P Vrabeck officer: CHIEF STRATEGY OFFICER 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
Marc Suidan officer: CHIEF FINANCIAL OFFICER C/O THE BEACHBODY COMPANY, INC., 400 CONTINENTAL BLVD., SUITE 400, EL SEGUNDO CA 90245
Michael Heller director CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Kristin E. Frank director C/O GAIAM, INC., 833 WEST SOUTH BOULDER ROAD, LOUISVILLE CO 80027
Blake Timothy Bilstad officer: SEE REMARKS C/O THE BEACHBODY COMPANY, INC., 3301 EXPOSITION BLVD., SANTA MONICA CA 90404
John S. Salter director ONE LOMBARD STREET, SUITE 300, SAN FRANCISCO CA 94111
Susan Collyns officer: PRESIDENT & CFO 6053 W CENTURY BLVD STE 1100, C/O CALIFORNIA PIZZA KITCHEN INC, LOS ANGLES CA 90045-6430
Rpiii Corp Spv Management Llc 10 percent owner 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Raine Management Llc 10 percent owner 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Rpiii Corp Aggregator Lp 10 percent owner ATTN: LEGAL DEPT., 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022
Rpiii Rainsanity Lp 10 percent owner ATTN: LEGAL DEPT., 65 EAST 55TH STREET, 24TH FLOOR, NEW YORK NY 10022