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Jamf Holding (Jamf Holding) ROC (Joel Greenblatt) % : -513.22% (As of Dec. 2023)


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What is Jamf Holding 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. Jamf Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -513.22%.

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

JAMF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -741.33   Med: -393.28   Max: -168.77
Current: -658.15

During the past 6 years, Jamf Holding's highest ROC (Joel Greenblatt) % was -168.77%. The lowest was -741.33%. And the median was -393.28%.

JAMF's ROC (Joel Greenblatt) % is ranked worse than
86.6% of 2762 companies
in the Software industry
Industry Median: 13.015 vs JAMF: -658.15

Jamf Holding's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -26.80% per year.


Jamf Holding ROC (Joel Greenblatt) % Historical Data

The historical data trend for Jamf Holding'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.

Jamf Holding ROC (Joel Greenblatt) % Chart

Jamf Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -211.52 -168.77 -459.39 -741.33 -666.08

Jamf Holding 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 -511.94 -536.17 -820.79 -751.85 -513.22

Competitive Comparison of Jamf Holding's ROC (Joel Greenblatt) %

For the Software - Application subindustry, Jamf Holding'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.


Jamf Holding's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Jamf Holding's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Jamf Holding 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)
=(95.361 + 0 + 48.364) - (90.176 + 311.138 + 5.6843418860808E-14)
=-257.589

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(108.24 + 0 + 50.818) - (104.604 + 317.546 + 0)
=-263.092

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Jamf Holding 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 )
=-81.048/( ( (16.4 + max(-257.589, 0)) + (15.184 + max(-263.092, 0)) )/ 2 )
=-81.048/( ( 16.4 + 15.184 )/ 2 )
=-81.048/15.792
=-513.22 %

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.


Jamf Holding  (NAS:JAMF) 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.


Jamf Holding ROC (Joel Greenblatt) % Related Terms

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


Jamf Holding (Jamf Holding) Business Description

Traded in Other Exchanges
Address
100 Washington Avenue S, Suite 1100, Minneapolis, MN, USA, 55401
Jamf Holding Corp is the standard in Apple Enterprise Management, and its cloud software platform is the vertically focused Apple infrastructure and security platform. The company helps organizations, including businesses, hospitals, schools and government agencies, connect, manage and protect Apple products, apps and corporate resources in the cloud without ever having to touch the devices. It sells its Software-as-a-Service, or SaaS, solutions via a subscription model, through a direct sales force, online and indirectly via its channel partners, including Apple. The company operates in The Americas; Europe, the Middle East, India, and Africa; and Asia Pacific.
Executives
Jason Wudi officer: Chief Technology Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Linh Lam officer: CIO C/O JAMF HOLDING CORP., 100 WASHINGTON AVE, S. SUITE 1100, MINNEAPOLIC MN 55401
Elizabeth Benz officer: CHIEF SALES OFFICER C/O JAMF HOLDING CORP., 100 WASHINGTON AVE S SUITE 1100, MINNEAPOLIS MN 55401
Beth Tschida officer: CTO C/O JAMF HOLDING CORP., 100 WASHINGTON AVE S SUITE 1100, MINNEAPOLIS MN 55401
Jeff Lendino officer: General Counsel 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Ian Goodkind officer: Chief Accounting Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Michelle Bucaria officer: CPO C/O TELADOC, INC., 2 MANHATTANVILLE ROAD, SUITE 203, PURCHASE NY 10577
Dean Hager director, officer: Chief Exec Officer, Director C/O JAMF HOLDING CORP., 100 WASHINGTON AVE. S. SUITE 1100, MINNEAPOLIS MN 55401
Kevin Klausmeyer director 2101 CITYWEST BLVD, HOUSTON TX 77042-2827
Jill Putman officer: Chief Financial Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Samuel Gfall Johnson officer: Chief Customer Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
John Strosahl officer: Chief Operating Officer 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Vista Equity Partners Fund Vi, L.p. 10 percent owner 4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111
Vepf Vi Co Invest 1 Gp, L.p. 10 percent owner 4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111
Etalvina Leite director 5477 VIA NICOLA, NEWBURY PARK CA 91320