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Kambi Group (OSTO:KAMBI) ROC (Joel Greenblatt) % : 63.24% (As of Mar. 2024)


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What is Kambi 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. Kambi Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 63.24%.

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

OSTO:KAMBI' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 93.51   Med: 244.62   Max: 447.84
Current: 93.51

During the past 12 years, Kambi Group's highest ROC (Joel Greenblatt) % was 447.84%. The lowest was 93.51%. And the median was 244.62%.

OSTO:KAMBI's ROC (Joel Greenblatt) % is ranked better than
88.98% of 826 companies
in the Travel & Leisure industry
Industry Median: 9.475 vs OSTO:KAMBI: 93.51

Kambi Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -14.00% per year.


Kambi Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for Kambi 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.

Kambi Group ROC (Joel Greenblatt) % Chart

Kambi Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.07 285.47 340.58 172.70 115.80

Kambi Group Quarterly Data
Jun19 Sep19 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 Premium Member Only Premium Member Only 101.13 89.88 104.17 165.42 63.24

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

For the Gambling subindustry, Kambi 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.


Kambi Group's ROC (Joel Greenblatt) % Distribution in the Travel & Leisure Industry

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

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



Kambi 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: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(140.418 + 0 + 87.922) - (70.975 + 0 + 179.246)
=-21.881

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(483.967 + 0 + 23.459) - (240.162 + 0 + 1.335)
=265.929

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kambi Group 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 )
=205.42/( ( (199.324 + max(-21.881, 0)) + (184.371 + max(265.929, 0)) )/ 2 )
=205.42/( ( 199.324 + 450.3 )/ 2 )
=205.42/324.812
=63.24 %

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.


Kambi Group  (OSTO:KAMBI) 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.


Kambi Group ROC (Joel Greenblatt) % Related Terms

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Kambi Group (OSTO:KAMBI) Business Description

Traded in Other Exchanges
Address
Avenue 77 Complex, Triq In Negozju, Zone 3, Central Business District, Birkirkara, MLT, 3010
Kambi Group PLC is a Malta-based company engaged in the provision of managed sports betting services. It is a business-to-business provider of sports betting services to licensed gaming operators. Its services encompass a broad offering from the front-end user interface through to odds compiling, customer intelligence, and risk management, built on in-house developed software. Kambi has offices in the United States, Sweden, the Philippines, Malta, Romania, the United Kingdom, and Australia. Geographically, the majority is from the Americas. The majority of revenue is from contracts with customers for sports betting services.

Kambi Group (OSTO:KAMBI) Headlines

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