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CSLM Acquisition (CSLM Acquisition) ROC (Joel Greenblatt) % : 50.97% (As of Dec. 2023)


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What is CSLM Acquisition 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. CSLM Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 50.97%.

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

CSLM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.09   Med: 2.55   Max: 4
Current: 3.53

During the past 3 years, CSLM Acquisition's highest ROC (Joel Greenblatt) % was 4.00%. The lowest was 1.09%. And the median was 2.55%.

CSLM's ROC (Joel Greenblatt) % is ranked better than
66.46% of 328 companies
in the Diversified Financial Services industry
Industry Median: -36.615 vs CSLM: 3.53

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


CSLM Acquisition ROC (Joel Greenblatt) % Historical Data

The historical data trend for CSLM Acquisition'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.

CSLM Acquisition ROC (Joel Greenblatt) % Chart

CSLM Acquisition Annual Data
Trend Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- 1.09 4.00

CSLM Acquisition Quarterly Data
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 6.14 -1.03 -0.46 -1.02 50.97

Competitive Comparison of CSLM Acquisition's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, CSLM Acquisition'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.


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

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

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



CSLM Acquisition 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)
=(0 + 0 + 51.244) - (0.434 + 6.641 + 0)
=44.169

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 51.993) - (0.632 + 6.641 + 0.00099999999999945)
=44.719

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of CSLM Acquisition 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 )
=22.652/( ( (0 + max(44.169, 0)) + (0 + max(44.719, 0)) )/ 2 )
=22.652/( ( 44.169 + 44.719 )/ 2 )
=22.652/44.444
=50.97 %

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.


CSLM Acquisition  (NAS:CSLM) 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.


CSLM Acquisition ROC (Joel Greenblatt) % Related Terms

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


CSLM Acquisition (CSLM Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2400 East Commercial Boulevard, Suite 900, Fort Lauderdale, FL, USA, 33308
CSLM Acquisition Corp, formerly Consilium Acquisition Corp I Ltd is a blank check company.
Executives
Cassel Charles T. Iii director, 10 percent owner, officer: CEO and CFO 3101 N. FEDERAL HIGHWAY, SUITE 502, FT. LAUDERDALE FL 33306
Jonathan Binder director, 10 percent owner, officer: Chairman C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FT. LAUDERDALE FL 33306
Consilium Acquisition Sponsor I, Llc 10 percent owner C/O WALKERS CORPORATE LIMITED, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Peter Tropper director C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FORT LAUDERDALE FL 33306
Irakli Galauri director C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FORT LAUDERDALE FL 33306
Salman Alam director C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FORT LAUDERDALE FL 33306
Faisal Ghori officer: Chief Operating Officer C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FORT LAUDERDALE FL 33306