GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » AdTheorent Holding Co Inc (NAS:ADTH) » Definitions » ROC (Joel Greenblatt) %

AdTheorent Holding Co (AdTheorent Holding Co) ROC (Joel Greenblatt) % : -47.80% (As of Mar. 2024)


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

What is AdTheorent Holding 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. AdTheorent Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -47.80%.

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

ADTH' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -12.4   Med: 3.75   Max: 60.49
Current: -12.4

During the past 5 years, AdTheorent Holding Co's highest ROC (Joel Greenblatt) % was 60.49%. The lowest was -12.40%. And the median was 3.75%.

ADTH's ROC (Joel Greenblatt) % is ranked worse than
68.61% of 1045 companies
in the Media - Diversified industry
Industry Median: 10.5 vs ADTH: -12.40

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


AdTheorent Holding Co ROC (Joel Greenblatt) % Historical Data

The historical data trend for AdTheorent Holding 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.

AdTheorent Holding Co ROC (Joel Greenblatt) % Chart

AdTheorent Holding Co Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
51.12 60.49 3.75 3.55 -6.25

AdTheorent Holding Co Quarterly Data
Dec19 Sep20 Dec20 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 Premium Member Only Premium Member Only Premium Member Only -36.26 -7.76 -1.55 12.90 -47.80

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

For the Advertising Agencies subindustry, AdTheorent Holding 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.


AdTheorent Holding Co's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, AdTheorent Holding Co's ROC (Joel Greenblatt) % distribution charts can be found below:

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



AdTheorent Holding 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(72.057 + 0 + 4.515) - (21.825 + 1.079 + 10.483)
=43.185

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.816 + 0 + 5.974) - (17.456 + 1.572 + 3.012)
=39.75

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of AdTheorent Holding Co 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 )
=-22.396/( ( (5.542 + max(43.185, 0)) + (5.231 + max(39.75, 0)) )/ 2 )
=-22.396/( ( 48.727 + 44.981 )/ 2 )
=-22.396/46.854
=-47.80 %

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.


AdTheorent Holding Co  (NAS:ADTH) 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.


AdTheorent Holding Co ROC (Joel Greenblatt) % Related Terms

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


AdTheorent Holding Co (AdTheorent Holding Co) Business Description

Traded in Other Exchanges
N/A
Address
330 Hudson Street, 13th Floor, New York, NY, USA, NY 10013
AdTheorent Holding Co Inc is a digital media platform that focuses on performance-first, privacy-forward methods to execute programmatic digital advertising campaigns, serving both advertising agency and brand customers. Geographically it serves Canada, the United Kingdom and Others. Key revenue is earned from the United States.
Executives
Shuangxiu Yu director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Joshua David Walsh officer: Chief Innovation Officer 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Patrick Allen Elliott officer: Chief Financial Officer C/O ADTHEORENT HOLDING COMPANY, INC., 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Andrew L Anderson officer: Chief Technology Officer 330 HUDSON STREET, 13TH, NEW YORK NY 10013
William James Todd officer: Chief Revenue Officer 330 HUDSON STREET, 13TH, NEW YORK NY 10013
Charles Jordan officer: Secretary and Vice President 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
H.i.g. Growth - Adtheorent, Llc 10 percent owner 1450 BRICKELL AVENUE, 31ST FLOOR, MIAMI FL 33131
James A Lawson director, officer: Chief Executive Officer 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Vineet Mehra director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Theodore L Koenig director, 10 percent owner, officer: Chief Executive Officer C/O MONROE CAPITAL CORPORATION, 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606
Richard Boghosian director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Ben Tatta director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Kihara Kiarie director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Eric Tencer director 330 HUDSON STREET, 13TH FLOOR, NEW YORK NY 10013
Zia Uddin director 311 SOUTH WACKER DRIVE, SUITE 6400, CHICAGO IL 60606