GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Alchemy Investments Acquisition Corp 1 (NAS:ALCY) » Definitions » ROC (Joel Greenblatt) %

Alchemy Investments Acquisition 1 (Alchemy Investments Acquisition 1) ROC (Joel Greenblatt) % : 0.00% (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Alchemy Investments Acquisition 1 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. Alchemy Investments Acquisition 1's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 0.00%.

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

ALCY's ROC (Joel Greenblatt) % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -19.83
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Alchemy Investments Acquisition 1 ROC (Joel Greenblatt) % Historical Data

The historical data trend for Alchemy Investments Acquisition 1'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.

Alchemy Investments Acquisition 1 ROC (Joel Greenblatt) % Chart

Alchemy Investments Acquisition 1 Annual Data
Trend Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- - -

Alchemy Investments Acquisition 1 Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Alchemy Investments Acquisition 1's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, Alchemy Investments Acquisition 1'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.


Alchemy Investments Acquisition 1's ROC (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Alchemy Investments Acquisition 1's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Alchemy Investments Acquisition 1's ROC (Joel Greenblatt) % falls into.



Alchemy Investments Acquisition 1 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)
=(0 + 0 + 0.183) - (0.837 + 0 + 0)
=-0.654

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.24) - (0.831 + 0 + 0)
=-0.591

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Alchemy Investments Acquisition 1 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 )
=-0.656/( ( (0 + max(-0.654, 0)) + (0 + max(-0.591, 0)) )/ 1 )
=-0.656/( ( 0 + 0 )/ 1 )
=-0.656/0
= %

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.


Alchemy Investments Acquisition 1  (NAS:ALCY) 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.


Alchemy Investments Acquisition 1 ROC (Joel Greenblatt) % Related Terms

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


Alchemy Investments Acquisition 1 (Alchemy Investments Acquisition 1) Business Description

Traded in Other Exchanges
N/A
Address
850 Library Avenue, Suite 204-F, Newark, DE, USA, 19711
Website
Alchemy Investments Acquisition Corp 1 is a special purpose acquisition company. It is formed for the purpose of completing a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Steven M Wasserman director 328 WEST 77TH STREET, NEW YORK NY 10024
Debbie Sue Zoldan director C/O ALCHEMY INVESTMENT ACQUISITION CORP, 850 LIBRARY AVENUE, SUITE 204-F, NEWARK DE 19711
Mattia Tomba director, officer: Co-Chief Executive Officer C/O ALCHEMY INVESTMENT ACQUISITION CORP, 850 LIBRARY AVENUE, SUITE 204-F, NEWARK DE 19711
Vittorio Savoia director, officer: Co-Chief Executive Officer PIAZZA CAIROLI 22, BRINDIS (BR) L6 72100
Jorge Pablo Terpolilli director 27 OLD GLOUCESTER STREET, LONDON X0 WC1N 3AX
Alchemy Deeptech Capital Llc 10 percent owner 850 LIBRARY AVENUE, SUITE 204-F, NEWARK DE 19711
Harshana Sidath Jayaweera officer: Chief Financial Officer C/O ALCHEMY INVESTMENT ACQUISITION CORP, 850 LIBRARY AVENUE, SUITE 204-F, NEWARK DE 19711
Carlo Tursi director C/O ALCHEMY INVESTMENT ACQUISITION CORP, 850 LIBRARY AVENUE, SUITE 204-F, NEWARK DE 19711
Vam Partners Llc 10 percent owner C/O ALCHEMY INVESTMENT ACQUISITION CORP, 850 LIBRARY AVENUE, SUITE 204-F, NEWARK DE 19711