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Crown PropTech Acquisitions (Crown PropTech Acquisitions) ROC (Joel Greenblatt) % : 0.00% (As of Jun. 2023)


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What is Crown PropTech Acquisitions 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. Crown PropTech Acquisitions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2023 was 0.00%.

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

During the past 3 years, Crown PropTech Acquisitions's highest ROC (Joel Greenblatt) % was -26571.43%. The lowest was -26571.43%. And the median was -26571.43%.

CPTK's ROC (Joel Greenblatt) % is not ranked *
in the Diversified Financial Services industry.
Industry Median: -28.79
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Crown PropTech Acquisitions ROC (Joel Greenblatt) % Historical Data

The historical data trend for Crown PropTech Acquisitions'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.

Crown PropTech Acquisitions ROC (Joel Greenblatt) % Chart

Crown PropTech Acquisitions Annual Data
Trend Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
- -26,571.43 -

Crown PropTech Acquisitions Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Crown PropTech Acquisitions's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, Crown PropTech Acquisitions'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.


Crown PropTech Acquisitions's ROC (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Crown PropTech Acquisitions's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Crown PropTech Acquisitions's ROC (Joel Greenblatt) % falls into.



Crown PropTech Acquisitions 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: Mar. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (1.241 + 0 + -4.4408920985006E-16)
=-1.241

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.037) - (0.925 + 0 + 0)
=-0.888

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Crown PropTech Acquisitions for the quarter that ended in Jun. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2023  Q: Jun. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.344/( ( (0 + max(-1.241, 0)) + (0 + max(-0.888, 0)) )/ 1 )
=-1.344/( ( 0 + 0 )/ 1 )
=-1.344/0
= %

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


Crown PropTech Acquisitions  (NYSE:CPTK) 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.


Crown PropTech Acquisitions ROC (Joel Greenblatt) % Related Terms

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Crown PropTech Acquisitions (Crown PropTech Acquisitions) Business Description

Traded in Other Exchanges
Address
28 West 25th Street, Floor 6, New York, NY, USA, 10010
Crown PropTech Acquisitions is a blank check company.
Executives
Gavin Cuneo officer: Co-Chief Executive Officer 40 WEST 57TH STREET FLOOR 29, NEW YORK NY 10019
Michael Minnick 10 percent owner, officer: Co-Chief Executive Officer 40 WEST 57TH STREET FLOOR 29, NEW YORK NY 10019
Ciig Management Iii Llc 10 percent owner 40 WEST 57TH STREET, 29TH FLOOR, NEW YORK NY 10019
Van Paasschen Frits D director C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Stephen B Siegel director 200 PARK AVE, NEW YORK NY 10166
Pius Sprenger director, officer: Chief Financial Officer C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Melissa Holladay director C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Martin Enderle director C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Richard Chera director, officer: Chief Executive Officer C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Crown Proptech Sponsor, Llc 10 percent owner C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON A VENUE, 12TH FLOOR, NEW YORK NY 10065