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Network-1 Technologies (Network-1 Technologies) ROC (Joel Greenblatt) % : -1,275.00% (As of Dec. 2023)


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What is Network-1 Technologies 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. Network-1 Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -1,275.00%.

The historical rank and industry rank for Network-1 Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:

NTIP' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5885.37   Med: -2424.22   Max: 77619.05
Current: -2392.93

During the past 13 years, Network-1 Technologies's highest ROC (Joel Greenblatt) % was 77619.05%. The lowest was -5885.37%. And the median was -2424.22%.

NTIP's ROC (Joel Greenblatt) % is ranked worse than
98.22% of 1067 companies
in the Business Services industry
Industry Median: 20.7 vs NTIP: -2392.93

Network-1 Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Network-1 Technologies ROC (Joel Greenblatt) % Historical Data

The historical data trend for Network-1 Technologies'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.

Network-1 Technologies ROC (Joel Greenblatt) % Chart

Network-1 Technologies Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5,741.46 -5,885.37 - -2,424.22 -2,525.42

Network-1 Technologies 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 -3,157.40 -2,028.76 -1,602.92 -4,739.31 -1,275.00

Competitive Comparison of Network-1 Technologies's ROC (Joel Greenblatt) %

For the Specialty Business Services subindustry, Network-1 Technologies'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.


Network-1 Technologies's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Network-1 Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Network-1 Technologies's ROC (Joel Greenblatt) % falls into.



Network-1 Technologies 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 + 0 + 0.349) - (0.627 + 0 + 0)
=-0.278

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.206) - (0.8 + 0 + -1.1102230246252E-16)
=-0.594

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Network-1 Technologies 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 )
=-0.204/( ( (0.016 + max(-0.278, 0)) + (0.016 + max(-0.594, 0)) )/ 2 )
=-0.204/( ( 0.016 + 0.016 )/ 2 )
=-0.204/0.016
=-1,275.00 %

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.


Network-1 Technologies  (AMEX:NTIP) 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.


Network-1 Technologies ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Network-1 Technologies's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Network-1 Technologies (Network-1 Technologies) Business Description

Traded in Other Exchanges
Address
65 Locust Avenue, Suite 912, New Canaan, CT, USA, 06840
Network-1 Technologies Inc is involved in the business of the development, licensing, and protection of intellectual property rights. The company's current strategy includes continuing to pursue licensing opportunities for its intellectual property assets.
Executives
Robert Michael Mahan officer: Chief Financial Officer 87 MADISON AVENUE, #433, PARK RIDGE NJ 07656
Steven D. Heinemann 10 percent owner C/O GOOSE HILL CAPITAL, 546 FIFTH AVENUE, 14TH FLOOR, NEW YORK NY 10036
Jonathan M Greene officer: Executive Vice President 23 TOPAZ LANE, TRUMBULL CT 06611
Niv Harizman director SAWGRASS CORPORATE INDUSTRIAL PARK, 14000 NW 4TH ST, SUNRISE FL 33325
Allison C Hoffman director 315 EAST 68TH STREET, NEW YORK NY 10065
Emanuel R Pearlman director 250 EAST 79TH STREET, NEW YORK NY 10075
Hound Partners Offshore Fund, Lp 10 percent owner C/O HOUND PARTNERS, LLC, 101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Hound Partners, Llc 10 percent owner 101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Hound Performance, Llc 10 percent owner 101 PARK AVENUE, 48TH FLOOR, NEW YORK NY 10178
Auerbach Jonathan A G 10 percent owner 215 E 73RD STREET, NEW YORK NY 10021
Laurent Ohana director 575 LEXINGTON AVENUE, SUITE 400, NEW YORK NY 10022
Woodland Services Corp 10 percent owner
Marilyn Rubenstein 10 percent owner
Jonathan Lieber 10 percent owner 80 CUTTERMILL ROAD STE 311, GREAT NECKK NY 11201
Barry Rubenstein 10 percent owner 68 WHEATLEY RD, BROOKVILLE NY 11545