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Transportation And Logistics Systems (Transportation And Logistics Systems) ROC (Joel Greenblatt) % : -66.84% (As of Sep. 2023)


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What is Transportation And Logistics Systems 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. Transportation And Logistics Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was -66.84%.

The historical rank and industry rank for Transportation And Logistics Systems's ROC (Joel Greenblatt) % or its related term are showing as below:

TLSS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -43200   Med: -168.6   Max: 1272.19
Current: -76.28

During the past 13 years, Transportation And Logistics Systems's highest ROC (Joel Greenblatt) % was 1272.19%. The lowest was -43200.00%. And the median was -168.60%.

TLSS's ROC (Joel Greenblatt) % is ranked worse than
96.5% of 971 companies
in the Transportation industry
Industry Median: 12.59 vs TLSS: -76.28

Transportation And Logistics Systems's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Transportation And Logistics Systems ROC (Joel Greenblatt) % Historical Data

The historical data trend for Transportation And Logistics Systems'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.

Transportation And Logistics Systems ROC (Joel Greenblatt) % Chart

Transportation And Logistics Systems Annual Data
Trend Mar13 Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1,351.65 -2,530.12 -2,859.58 1,272.19 -134.76

Transportation And Logistics Systems 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 -64.80 -141.28 -44.52 -60.16 -66.84

Competitive Comparison of Transportation And Logistics Systems's ROC (Joel Greenblatt) %

For the Trucking subindustry, Transportation And Logistics Systems'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.


Transportation And Logistics Systems's ROC (Joel Greenblatt) % Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Transportation And Logistics Systems's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Transportation And Logistics Systems's ROC (Joel Greenblatt) % falls into.



Transportation And Logistics Systems 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)
=(2.121 + 0 + 0.548) - (3.029 + 0 + 0.148)
=-0.508

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.037 + 0 + 0.5) - (4.153 + 0 + 0.175)
=-1.791

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Transportation And Logistics Systems 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 )
=-9.308/( ( (14.263 + max(-0.508, 0)) + (13.587 + max(-1.791, 0)) )/ 2 )
=-9.308/( ( 14.263 + 13.587 )/ 2 )
=-9.308/13.925
=-66.84 %

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.


Transportation And Logistics Systems  (OTCPK:TLSS) 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.


Transportation And Logistics Systems ROC (Joel Greenblatt) % Related Terms

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


Transportation And Logistics Systems (Transportation And Logistics Systems) Business Description

Traded in Other Exchanges
N/A
Address
5500 Military Trail, Suite 22-357, Jupiter, FL, USA, 33458
Transportation And Logistics Systems Inc is a United States based company focused on providing integrated transportation management solution. It provides brokerage and logistics services such as transportation scheduling, routing and other value-added services related to the transportation of automobiles and other freight, which involve the use of independent contractor-owned trucks and equipment. The company generates revenue from customers contracting to transport a vehicle from location to location. Tt operates in one operating segment related to its full suite of logistics and transportation services, specializing in last mile deliveries, two-person home and commercial deliveries, mid-mile, and long-haul services.
Executives
Sebastian Giordano director, officer: Chief Executive Officer ONE EAST UWCHLAN AVENUE, SUITE 301, EXTON PA 19341
Newton Norman Francis Jr. director 9208 GRAND SUMMIT BOULEVARD, DRIPPING SPRINGS TX 78620
James Paul Giordano officer: CFO 129 GLENWOOD ROAD, GLENWOOD LANDING NY 11547
Charles F Benton director 600 EAGLEVIEW BOULEVARD, SUITE 300, EXTON PA 19341
Puritan Partners Llc 10 percent owner 369 LEXINGTON AVE. 25TH FLOOR, NEW YORK NY 10017
Reddiamond Partners Llc 10 percent owner 156 WEST SADDLE RIVER ROAD, SADDLE RIVER NJ 07458
Douglas Cerny director, officer: Chief Development Officer 2123 SW 10TH AVENUE, FT. LAUDERDALE FL 33315
John Jr Mercadante director, 10 percent owner, officer: Chief Executive Officer 2700 DONALD ROSS RD., SUITE 100, PALM BEACH GARDENS FL 33410
Steven Yariv director, officer: Chief Executive Officer. 2833 EXCHANGE COURT, SUITE A, WEST PALM BEACH FL 33409
John Jay Barton director, 10 percent owner, officer: CEO 2355 WESTWOOD BLVD., APT. 257, LOS ANGELES CA 90064
Kurt Reinecke officer: Chief Operating Officer 13195 W. AUBURN PL, LAKEWOOD CO 80228
Patrick Garrett director, officer: Chief Executive Officer 6133 SW CORBETT AVENUE, PORTLAND OR 97239
Frederic D Knight director, officer: Chief Executive Officer PO BOX 231599, CENTREVILLE VA 20120
Christopher Aaron Wilson director, officer: Secretary 2 PARK PLAZA #450, IRVINE CA 92614

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