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Elvictor Group (Elvictor Group) ROC (Joel Greenblatt) % : -125.38% (As of Dec. 2023)


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What is Elvictor 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. Elvictor Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -125.38%.

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

ELVG' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -478.38   Med: -308.84   Max: -20.24
Current: -101.42

During the past 7 years, Elvictor Group's highest ROC (Joel Greenblatt) % was -20.24%. The lowest was -478.38%. And the median was -308.84%.

ELVG's ROC (Joel Greenblatt) % is ranked worse than
91.37% of 1066 companies
in the Business Services industry
Industry Median: 20.92 vs ELVG: -101.42

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


Elvictor Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for Elvictor 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.

Elvictor Group ROC (Joel Greenblatt) % Chart

Elvictor Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial - -478.38 -20.24 -454.81 -162.87

Elvictor Group Quarterly Data
Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only -2,071.58 28.18 -155.28 -70.82 -125.38

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

For the Specialty Business Services subindustry, Elvictor 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.


Elvictor Group's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Elvictor Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Elvictor 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.398 + 0 + 0.143) - (1.018 + 0 + 0)
=-0.477

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.37 + 0 + 0.138) - (1.579 + 0 + 2.2204460492503E-16)
=-1.071

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Elvictor Group 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 )
=-0.368/( ( (0.294 + max(-0.477, 0)) + (0.293 + max(-1.071, 0)) )/ 2 )
=-0.368/( ( 0.294 + 0.293 )/ 2 )
=-0.368/0.2935
=-125.38 %

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.


Elvictor Group  (OTCPK:ELVG) 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.


Elvictor Group ROC (Joel Greenblatt) % Related Terms

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


Elvictor Group (Elvictor Group) Business Description

Traded in Other Exchanges
N/A
Address
Vassileos Constantinou 79, Vari, Athens, GRC, 16672
Elvictor Group Inc is engaged in the business of providing shipping crew management services. It provides crew management, crew manning, and crew training and development services.
Executives
Stavros Galanakis director, 10 percent owner, officer: CHAIRMAN & VICE PRESIDENT 78 PAPAFOTI STR, VARI-VARKIZA J3 16672
Christodoulos Tzoutzakis officer: CHIEF OPERATING OFFICER 24 THEMISTOKLEOUS STR., VOULA ATTIKIS J3 16673
Panagiotis Tolis director, 10 percent owner, officer: CIRO PERICLEOUS 50 STREET, ATHENS J3 15232
Panagiotis Nikolaos Lazaretos 10 percent owner 103M1 MARKOU BOTSARI STR, KIFISSIA, ATTICA J3 14561
Konstantinos Galanakis director, 10 percent owner, officer: CEO 38 MOUTOUSI K STREET, VARI-VARKIZA J3 16672
Eleftherios Kontos 10 percent owner THOUKIDIDOY 15, VOLOS J3 38333

Elvictor Group (Elvictor Group) Headlines

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