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Amcomri Entertainment (Amcomri Entertainment) ROC (Joel Greenblatt) % : 8,593.55% (As of Sep. 2023)


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What is Amcomri Entertainment 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. Amcomri Entertainment's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 8,593.55%.

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

AMNNF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 45.2   Med: 45.2   Max: 3763.75
Current: 3763.75

During the past 2 years, Amcomri Entertainment's highest ROC (Joel Greenblatt) % was 3763.75%. The lowest was 45.20%. And the median was 45.20%.

AMNNF's ROC (Joel Greenblatt) % is ranked better than
99.42% of 1038 companies
in the Media - Diversified industry
Industry Median: 10.16 vs AMNNF: 3763.75

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


Amcomri Entertainment ROC (Joel Greenblatt) % Historical Data

The historical data trend for Amcomri Entertainment'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.

Amcomri Entertainment ROC (Joel Greenblatt) % Chart

Amcomri Entertainment Annual Data
Trend Sep21 Dec22
ROC (Joel Greenblatt) %
- 42.43

Amcomri Entertainment Quarterly Data
Sep20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,365.14 -8,858.67 5,617.98 6,871.79 8,593.55

Competitive Comparison of Amcomri Entertainment's ROC (Joel Greenblatt) %

For the Entertainment subindustry, Amcomri Entertainment'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.


Amcomri Entertainment's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

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

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



Amcomri Entertainment 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: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.987 + 0.124 + 3.034) - (22.281 + 3.596 + 7.105427357601E-15)
=-20.732

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.84 + 0.122 + 1.384) - (19.995 + 0.667 + -3.5527136788005E-15)
=-18.316

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Amcomri Entertainment for the quarter that ended in Sep. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=7.992/( ( (0.099 + max(-20.732, 0)) + (0.087 + max(-18.316, 0)) )/ 2 )
=7.992/( ( 0.099 + 0.087 )/ 2 )
=7.992/0.093
=8,593.55 %

Note: The EBIT data used here is four times the quarterly (Sep. 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.


Amcomri Entertainment  (OTCPK:AMNNF) 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.


Amcomri Entertainment ROC (Joel Greenblatt) % Related Terms

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


Amcomri Entertainment (Amcomri Entertainment) Business Description

Traded in Other Exchanges
Address
1800-510 West Georgia Street, Vancouver, BC, CAN, V6B 0M3
Amcomri Entertainment Inc is a film and television media production company. It has five operating segments which include Film Distribution, Film Production, Television, Intellectual Property, and Administration. The majority of its revenue derives from the Television segment followed by Film Production. The Company's Film Production, Film Distribution, and Television segments generate revenue principally from the licensing of content in theatrical exhibitions, home entertainment (e.g., digital media and packaged media), television, and international marketplaces. Geographically it has a presence in North America, and Europe where Europe generates key revenue.

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