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Bowman Consulting Group (Bowman Consulting Group) ROC (Joel Greenblatt) % : -12.96% (As of Dec. 2023)


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What is Bowman Consulting Group 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. Bowman Consulting Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -12.96%.

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

BWMN' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.09   Med: 8.36   Max: 21.67
Current: -1.02

During the past 5 years, Bowman Consulting Group's highest ROC (Joel Greenblatt) % was 21.67%. The lowest was -1.09%. And the median was 8.36%.

BWMN's ROC (Joel Greenblatt) % is ranked worse than
79.54% of 1662 companies
in the Construction industry
Industry Median: 17.895 vs BWMN: -1.02

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


Bowman Consulting Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for Bowman Consulting Group'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.

Bowman Consulting Group ROC (Joel Greenblatt) % Chart

Bowman Consulting Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
21.67 8.75 0.11 8.36 -1.09

Bowman Consulting Group Quarterly Data
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 3.15 6.97 -5.07 8.60 -12.96

Competitive Comparison of Bowman Consulting Group's ROC (Joel Greenblatt) %

For the Engineering & Construction subindustry, Bowman Consulting Group'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.


Bowman Consulting Group's ROC (Joel Greenblatt) % Distribution in the Construction Industry

For the Construction industry and Industrials sector, Bowman Consulting Group's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bowman Consulting Group's ROC (Joel Greenblatt) % falls into.



Bowman Consulting Group 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)
=(85.229 + 0 + 15.933) - (43.499 + 7.911 + 0)
=49.752

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(87.565 + 0 + 11.806) - (44.394 + 7.481 + 0)
=47.496

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bowman Consulting Group 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 )
=-15.028/( ( (66.293 + max(49.752, 0)) + (68.344 + max(47.496, 0)) )/ 2 )
=-15.028/( ( 116.045 + 115.84 )/ 2 )
=-15.028/115.9425
=-12.96 %

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.


Bowman Consulting Group  (NAS:BWMN) 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.


Bowman Consulting Group ROC (Joel Greenblatt) % Related Terms

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Bowman Consulting Group (Bowman Consulting Group) Business Description

Traded in Other Exchanges
N/A
Address
12355 Sunrise Valley Drive, Suite 520, Reston, VA, USA, 20191
Bowman Consulting Group Ltd is a multi-faceted consulting firm offering a broad range of real estate, energy, infrastructure, and environmental management solutions to both public and private clients across the country. From large commercial developments, to master planned communities, to local transportation projects, Bowman delivers outstanding project results, builds long-lasting relationships and leverages the growth of the organization to serve the constantly changing needs of clients.
Executives
Gary Bowman director, 10 percent owner 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Bruce J Labovitz officer: Chief Financial Officer 11465 SUNSET HILLS ROAD, SUITE 510, RESTON VA 20910
Michael Bruen director, officer: Chief Operating Officer 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Robert Alan Hickey officer: Chief Legal Officer 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20191
Patricia Mulroy director C/O WYNN RESORTS LIMITED, 3131 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Stephen A Riddick director C/O TENABLE HOLDINGS, INC., 6100 MERRIWEATHER DRIVE, COLUMBIA MD 21044
Raymond Jr. Vicks director C/O ACCESS GOHEALTH ONDEMAND, INC., 5555 GLENRIDGE CONNECTOR, SUITE 700, ATLANTA GA 30342
James P Laurito director C/O ENERGY EAST CORPORATION, PO BOX 3287, ITHACA NY 14852-3287
Daniel Lefaivre director 12355 SUNRISE VALLEY DRIVE, SUITE 520, RESTON VA 20131
Polar Asset Management Partners Inc. 10 percent owner 16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6