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Integral Ad Science Holding (Integral Ad Science Holding) ROC (Joel Greenblatt) % : 3.39% (As of Mar. 2024)


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What is Integral Ad Science Holding 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. Integral Ad Science Holding's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.39%.

The historical rank and industry rank for Integral Ad Science Holding's ROC (Joel Greenblatt) % or its related term are showing as below:

IAS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -376.84   Med: -68.29   Max: 68.65
Current: 12.51

During the past 5 years, Integral Ad Science Holding's highest ROC (Joel Greenblatt) % was 68.65%. The lowest was -376.84%. And the median was -68.29%.

IAS's ROC (Joel Greenblatt) % is ranked better than
51.77% of 1045 companies
in the Media - Diversified industry
Industry Median: 10.5 vs IAS: 12.51

Integral Ad Science Holding's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Integral Ad Science Holding ROC (Joel Greenblatt) % Historical Data

The historical data trend for Integral Ad Science Holding'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.

Integral Ad Science Holding ROC (Joel Greenblatt) % Chart

Integral Ad Science Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-117.37 -68.29 -376.84 68.65 33.22

Integral Ad Science Holding Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only 64.97 -118.55 55.27 112.38 3.39

Competitive Comparison of Integral Ad Science Holding's ROC (Joel Greenblatt) %

For the Advertising Agencies subindustry, Integral Ad Science Holding'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.


Integral Ad Science Holding's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

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

* The bar in red indicates where Integral Ad Science Holding's ROC (Joel Greenblatt) % falls into.



Integral Ad Science Holding 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)
=(74.609 + 0 + 19.013) - (51.94 + 0.682 + 20.413)
=20.587

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(67.764 + 0 + 32.766) - (33.737 + 1.318 + 8.522)
=56.953

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Integral Ad Science Holding 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 )
=2.148/( ( (25.437 + max(20.587, 0)) + (23.854 + max(56.953, 0)) )/ 2 )
=2.148/( ( 46.024 + 80.807 )/ 2 )
=2.148/63.4155
=3.39 %

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.


Integral Ad Science Holding  (NAS:IAS) 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.


Integral Ad Science Holding ROC (Joel Greenblatt) % Related Terms

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Integral Ad Science Holding (Integral Ad Science Holding) Business Description

Traded in Other Exchanges
N/A
Address
95 Morton Street, 8th Floor, New York, NY, USA, 10014
Integral Ad Science Holding Corp is a digital advertising verification company. Its cloud-based technology platform delivers independent measurement and verification of digital advertising across all devices, channels, and formats, including desktop, mobile, connected TV, social, display, and video. Geographically, the company derives a majority of its revenue from the Americas region.
Executives
Vista Equity Partners Fund Vi, L.p. 10 percent owner 4 EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111
Tania Secor officer: Chief Financial Officer 99 WALL STREET, #1950, NEW YORK NY 10005
Lisa Utzschneider director, officer: Chief Executive Officer C/O YAHOO! INC., 701 FIRST AVENUE, SUNNYVALE CA 94089
Tom Sharma officer: Chief Product Officer 95 MORTON STREET, FLOOR 8, NEW YORK NY 10014
Anil Sukumaran officer: Chief Accounting Officer 99 WALL STREET, #1950, NEW YORK NY 10005
Oleg Bershadsky officer: Chief Operating Officer 95 MORTON STREET, FLOOR 8, NEW YORK NY 10014
Michael Eugene Fosnaugh director C/O PING IDENTITY CORPORATION, 1001 17TH STREET, SUITE 100, DENVER CO 80202
Lucia Anthony C. Jr. officer: Chief Technology Officer 95 MORTON STREET, FLOOR 8, NEW YORK NY 10014
Otto Berkes director 95 MORTON STREET, FLOOR 8, NEW YORK NY 10014
Joseph Pergola officer: Chief Financial Officer 95 MORTON STREET, FLOOR 8, NEW YORK NY 10014
Brooke Nakatsukasa director 95 MORTON STREET, FLOOR 8, NEW YORK NY 10014
Vista Equity Partners Management, Llc 10 percent owner FOUR EMBARCADERO CENTER, 20TH FLOOR, SAN FRANCISCO CA 94111
Christina Silvia Lema director 101 MERRITT 7, NORWALK CT 06851
Martin A Taylor director 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401
Jill Putman director 100 WASHINGTON AVENUE S., SUITE 100, MINNEAPOLIS MN 55401