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Touchpoint Group Holdings (Touchpoint Group Holdings) ROC (Joel Greenblatt) % : -593.55% (As of Sep. 2022)


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What is Touchpoint Group 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. Touchpoint Group Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2022 was -593.55%.

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

TGHI's ROC (Joel Greenblatt) % is not ranked *
in the Software industry.
Industry Median: 13.865
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Touchpoint Group Holdings ROC (Joel Greenblatt) % Historical Data

The historical data trend for Touchpoint Group 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.

Touchpoint Group Holdings ROC (Joel Greenblatt) % Chart

Touchpoint Group Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -709.69 -7,615.84 -2,432.58 -8,954.05 -2,176.47

Touchpoint Group Holdings Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -80,133.33 -3,177.59 -681.36 -857.21 -593.55

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

For the Software - Application subindustry, Touchpoint Group 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.


Touchpoint Group Holdings's ROC (Joel Greenblatt) % Distribution in the Software Industry

For the Software industry and Technology sector, Touchpoint Group Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Touchpoint Group 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: Jun. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.015 + 0 + 1.105) - (1.246 + 0.75 + 0.267)
=-1.143

Working Capital(Q: Sep. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.015 + 0 + 0.041) - (1.214 + 0 + 0.994)
=-2.152

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Touchpoint Group Holdings for the quarter that ended in Sep. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2022  Q: Sep. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.656/( ( (0.555 + max(-1.143, 0)) + (0.003 + max(-2.152, 0)) )/ 2 )
=-1.656/( ( 0.555 + 0.003 )/ 2 )
=-1.656/0.279
=-593.55 %

Note: The EBIT data used here is four times the quarterly (Sep. 2022) 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.


Touchpoint Group Holdings  (OTCPK:TGHI) 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.


Touchpoint Group Holdings ROC (Joel Greenblatt) % Related Terms

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


Touchpoint Group Holdings (Touchpoint Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4300 Biscayne Boulelvard, Suite 203, Miami, FL, USA, 33137
Touchpoint Group Holdings Inc is a media and digital technology company. The company through its subsidiaries develops software that supplies a robust fan engagement platform designed to enhance the fan experience and drive commercial aspects of the sports and entertainment business. The software brings the users to engage with clubs, favorite players, peers, and relevant brands through features that include live streaming, access to limited edition merchandise, gamification, user rewards, third-party-branded offers, credit cards, and associated benefits.
Executives
Zhanming Wu 10 percent owner ROOM 703, BUILDING NO. 5, NO. 868 PUMING ROAD, SHANGHAI F4 200120
Ajing Zhang director ROOM 901, NO. 4, LANE 999, SHI LONG ROAD, XUHUI DISTRICT, SHANGHAI F4 200237
Pengfei Li director ROOM 601, NO. 11, LANE 1188, SOUTH WANPING ROAD, XUHUI DISTRICT, SHANGHAI F4 200232
Edwin Lun officer: Chief Operating Officer ROOM 1808,18/F HUTCHISON HSE.10 HARCOURT, HONG KONG F4 XXXXXXX
Mark Brian White director, 10 percent owner, officer: Chief Executive Officer IMMEUBLE MILA, CHAMPERY V8 1874
Martin Christopher Ward director, officer: Chief Financial Officer CHALKSTREAM, KINGS SOMBORNE, STOCKBRIDGE X0 S020 6NZ
Robert Paul Vogler director INDUSTRIESTRASSE 40, ZUG V8 CH6300
Robert Philip Law director 2 TOWER MEWS, SALISBURY X0 SP1 3DJ
Charles Richard Vos director 45 STAR STREET, LONDON X0 W2 1QA
Nicholas Paul Carpinello director 1686 BEECHSHIRE DRIVE, CINCINNATI OH 45255
Stephen Michael Austin director 39 TEMPLE FORTUNE HILL, LONDON X0 NW11 7XP
Brian James Collins director, 10 percent owner, officer: VP, Chief Technology Officer HEIDWEG 7B, KLOSTERS V8 7250
John D Hannesson officer: Exec VP, Secretary 18661 VIA PALATINO, IRVINE CA 92603
Kenneth F Raznick director, 10 percent owner, officer: Chairman of the Board ONE WAKONDA, DOVE CANYON CA 92679
Mark Dicamillo officer: Exec VP, COO ONE WAKONDA, DOVE CANYON CA 92679