GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Staffing 360 Solutions Inc (NAS:STAF) » Definitions » ROC (Joel Greenblatt) %

Staffing 360 Solutions (Staffing 360 Solutions) ROC (Joel Greenblatt) % : -104.76% (As of Sep. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Staffing 360 Solutions 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. Staffing 360 Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -104.76%.

The historical rank and industry rank for Staffing 360 Solutions's ROC (Joel Greenblatt) % or its related term are showing as below:

STAF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14148.94   Med: -348.12   Max: 219.63
Current: -176.8

During the past 12 years, Staffing 360 Solutions's highest ROC (Joel Greenblatt) % was 219.63%. The lowest was -14148.94%. And the median was -348.12%.

STAF's ROC (Joel Greenblatt) % is ranked worse than
92.86% of 1065 companies
in the Business Services industry
Industry Median: 20.8 vs STAF: -176.80

Staffing 360 Solutions's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Staffing 360 Solutions ROC (Joel Greenblatt) % Historical Data

The historical data trend for Staffing 360 Solutions'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.

Staffing 360 Solutions ROC (Joel Greenblatt) % Chart

Staffing 360 Solutions Annual Data
Trend May13 May14 May15 May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.72 80.84 -145.62 219.63 -152.07

Staffing 360 Solutions Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 87.42 -484.60 -54.18 -56.53 -104.76

Competitive Comparison of Staffing 360 Solutions's ROC (Joel Greenblatt) %

For the Staffing & Employment Services subindustry, Staffing 360 Solutions'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.


Staffing 360 Solutions's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Staffing 360 Solutions's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Staffing 360 Solutions's ROC (Joel Greenblatt) % falls into.



Staffing 360 Solutions 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: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.776 + 0 + 2.146) - (19.454 + 0 + 28.528)
=-19.06

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.222 + 0 + 1.774) - (19.373 + 0 + 26.036)
=-18.413

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Staffing 360 Solutions for the quarter that ended in Sep. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-10.336/( ( (10.167 + max(-19.06, 0)) + (9.565 + max(-18.413, 0)) )/ 2 )
=-10.336/( ( 10.167 + 9.565 )/ 2 )
=-10.336/9.866
=-104.76 %

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


Staffing 360 Solutions  (NAS:STAF) 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.


Staffing 360 Solutions ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Staffing 360 Solutions's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Staffing 360 Solutions (Staffing 360 Solutions) Business Description

Traded in Other Exchanges
Address
757 3rd Avenue, 27th Floor, New York, NY, USA, 10017
Staffing 360 Solutions, Inc. is a public company in the staffing sector engaged in the execution of a global buy-and-build strategy through the acquisition of domestic and international staffing organizations in the US and the UK. The Company believes the staffing industry offers opportunities for accretive acquisitions that will drive its annual revenues to $300 million. As part of its targeted consolidation model, the Company is pursuing acquisition targets in the finance and accounting, administrative, engineering and IT staffing space.
Executives
Anil Kumar Sharma 10 percent owner 24 HAYHURST DRIVE, NEWTOWN PA 18940
Satvinder Singh 10 percent owner 24 HAYHURST DRIVE, NEWTOWN PA 18940
Rscube Investment, Llc 10 percent owner 24 HAYHURST DRIVE, NEWTOWN PA 18940
Vincent J Cebula director 1301 AVENUE OF THE AMERICAS, 34 TH FLOOR, NEW YORK NY 10019
Brendan Flood director
M Khalid Anwar officer: SVP, Corporate Finance 641 LEXINGTON AVE, NEW YORK NY 10022
Mark Gibbens officer: CFO 245 FREIGHT STREET, WATERBURY CT 06702
Chris Powers officer: Interim CFO 641 LEXINGTON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Sharnika Viswakula officer: Corporate Controller 641 LEXINGTON AVENUE, 27TH FLOOR, C/O STAFFING 360 SOLUTIONS, INC., NEW YORK NY 10022
Jackson Investment Group, Llc 10 percent owner 2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009
Richard Lee Jackson 10 percent owner 2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009
Alicia Barker director C/O STAFFING 360 SOLUTIONS, INC., 641 LEXINGTON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Christopher John Lutzo officer: General Counsel and Secretary 355 SUBURBAN AVENUE, FAIRFIELD CT 06825
David Faiman officer: Chief Financial Officer 93 GEORGETOWN ROAD, WESTON CT 06883
Nicholas Florio director C/O STAFFING 360, 641 LEXINGTON AVENUE, SUITE 1526, NEW YORK NY 10022