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Mondee Holdings (Mondee Holdings) ROC (Joel Greenblatt) % : -375.55% (As of Dec. 2023)


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What is Mondee Holdings 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. Mondee Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -375.55%.

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

MOND' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -650.04   Med: -308   Max: -193.16
Current: -231.27

During the past 4 years, Mondee Holdings's highest ROC (Joel Greenblatt) % was -193.16%. The lowest was -650.04%. And the median was -308.00%.

MOND's ROC (Joel Greenblatt) % is ranked worse than
94.05% of 824 companies
in the Travel & Leisure industry
Industry Median: 9.285 vs MOND: -231.27

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


Mondee Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Mondee Holdings'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.

Mondee Holdings ROC (Joel Greenblatt) % Chart

Mondee Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-393.82 -193.16 -650.04 -222.18

Mondee Holdings Quarterly Data
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 -527.50 -119.00 -114.36 -270.60 -375.55

Competitive Comparison of Mondee Holdings's ROC (Joel Greenblatt) %

For the Travel Services subindustry, Mondee Holdings'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.


Mondee Holdings's ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mondee Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Mondee Holdings 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)
=(108.278 + 0 + 16.349) - (141.589 + 5.945 + 3.155)
=-26.062

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(116.632 + 0 + 15.243) - (127.122 + 9.813 + 12.607)
=-17.667

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Mondee Holdings 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 )
=-71.144/( ( (17.345 + max(-26.062, 0)) + (20.543 + max(-17.667, 0)) )/ 2 )
=-71.144/( ( 17.345 + 20.543 )/ 2 )
=-71.144/18.944
=-375.55 %

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.


Mondee Holdings  (NAS:MOND) 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.


Mondee Holdings ROC (Joel Greenblatt) % Related Terms

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


Mondee Holdings (Mondee Holdings) Business Description

Traded in Other Exchanges
Address
10800 Pecan Park Blvd., Suite 315, Austin, TX, USA, 78750
Mondee Holdings Inc is a travel technology company & marketplace with a portfolio of leisure & corporate travel sectors. It provides platform technologies, operating systems, & services that enable travel transactions to serve travelers directly or through travel affiliates. It has two segments Travel Marketplace & SAAS Platform. The Travel Marketplace segment (transactional business serving the end travelers directly or through travel affiliates) consists of selling airline tickets through the proprietary platform. The SAAS Platform segment offers corporate travel cost savings solutions through its technology platform. The majority is from the Travel Marketplace segment. Geographically, the key revenue is from the United States.
Executives
Jeff Clarke director COMPUTER ASSOCIATES INTERNATIONAL INC, ONE COMPUTER ASSOCIATES PLAZA, ISLANDA NY 11746
Prasad Gundumogula director, 10 percent owner, officer: Chief Executive Officer 2213 VENETIAN SKY DRIVE, LEANDER TX 78641
Stanley Morgan 10 percent owner 1585 BROADWAY, NEW YORK NY 10036
Orestes Fintiklis director, 10 percent owner, officer: Chief Executive Officer 555 MADISON AVENUE, SUITE 11A, NEW YORK NY 10002
Venkat Pasupuleti officer: Chief Technology Officer 2856 CHRONICLE AVENUE, HAYWARD CA 94542
Meredith Waters officer: General Counsel 2616 MARIA ANNA RD., AUSTIN TX 78703
Jesus Portillo officer: Chief Financial Officer 10800 PECAN PARK BLVD, SUITE 315, AUSTIN TX 78750
Madhuri Pasam other: Spouse of 10% Owner 2213 VENETIAN SKY DR, LEANDER TX 78641
Jeffrey David Young 10 percent owner 191 NORTH WACKER DRIVE, SUITE 2350, CHICAGO IL 60606
Origami Capital Partners Llc 10 percent owner 191 NORTH WACKER DRIVE, SUITE 2350, CHICAGO IL 60606
Fly Ocp Llc 10 percent owner 191 NORTH WACKER DRIVE, SUITE 2350, CHICAGO IL 60606
Mondee Holdings, Llc 10 percent owner 2000 ALAMEDA DE LAS PULGAS, SUITE 125, SAN MATEO CA 94403
Noor Sweid director 17 STATE STREET, 21ST FLOOR, NEW YORK CA 10004
Roopa Purushothaman director ASHOK TOWERS, DWING, 003/004 DR B AMBEDKAR MARG PAREL, MUMBAI K7 400012
James Dullum officer: Chief Operating Officer 8800 SOUTH TROPICAL TRAIL, MERRITT ISLAND FL 32952