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Yext (YEXT) ROC (Joel Greenblatt) % : 8.73% (As of Jan. 2024)


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What is Yext 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. Yext's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 8.73%.

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

YEXT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -661.53   Med: -245.25   Max: 0.1
Current: 0.1

During the past 10 years, Yext's highest ROC (Joel Greenblatt) % was 0.10%. The lowest was -661.53%. And the median was -245.25%.

YEXT's ROC (Joel Greenblatt) % is ranked worse than
57.1% of 2762 companies
in the Software industry
Industry Median: 12.965 vs YEXT: 0.10

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


Yext ROC (Joel Greenblatt) % Historical Data

The historical data trend for Yext'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.

Yext ROC (Joel Greenblatt) % Chart

Yext Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -160.99 -58.13 -51.24 -39.63 0.10

Yext Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -18.76 -0.05 -7.85 0.22 8.73

Competitive Comparison of Yext's ROC (Joel Greenblatt) %

For the Software - Infrastructure subindustry, Yext'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.


Yext's ROC (Joel Greenblatt) % Distribution in the Software Industry

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

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



Yext 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: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(51.387 + 0 + 45.389) - (13.513 + 144.451 + 24.514)
=-85.702

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(108.198 + 0 + 41.529) - (11.576 + 212.21 + 27.19)
=-101.249

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Yext for the quarter that ended in Jan. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=11.068/( ( (129.143 + max(-85.702, 0)) + (124.531 + max(-101.249, 0)) )/ 2 )
=11.068/( ( 129.143 + 124.531 )/ 2 )
=11.068/126.837
=8.73 %

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


Yext  (NYSE:YEXT) 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.


Yext ROC (Joel Greenblatt) % Related Terms

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


Yext (YEXT) Business Description

Industry
Traded in Other Exchanges
Address
61 Ninth Avenue, New York, NY, USA, 10011
Yext Inc provides a knowledge engine platform that lets businesses manage their digital knowledge in the cloud and sync it to approximately 200 services including Apple Maps, Bing, Cortana, Facebook, Google, Google Maps, Instagram, Siri and Yelp. Digital knowledge is the structured information that a business wants to make publicly accessible. The company also makes search intelligent by helping to provide precise, accurate and current answers to location-based queries that are conducted across the web and mobile applications and voice and artificial intelligence, or AI, engines. The company derives majority of its revenues from subscription services.
Executives
Ho Shin officer: General Counsel 61 NINTH AVENUE, NEW YORK NY 10011
Brian Distelburger director, officer: President ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010
Julie Richardson director YEXT, INC., 1 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10010
Evan Skorpen director C/O YEXT, INC., 61 NINTH STREET, NEW YORK NY 10011
Faheem Bawa officer: Chief Accounting Officer C/O YEXT, INC., 61 NINTH STREET, NEW YORK NY 10011
Marc Ferrentino officer: President and COO 61 NINTH AVENUE, NEW YORK NY 10011
Darryl Bond officer: Chief Accounting Officer ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010
Seth H. Waugh director C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Steven Cakebread officer: Chief Financial Officer YEXT, INC., ONE MADISON AVE., FIFTH FLOOR, NEW YORK NY 10010
David Rudnitsky officer: Chief Revenue Officer C/O YEXT, INC., 61 NINTH STREET, NEW YORK NY 10011
Howard Lerman director, officer: Chief Executive Officer ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010
Tamar Yehoshua director 301 CONGRESS AVE, STE 700, AUSTIN TX 78701
Shane Battier director 2600 VIRGINIA AVENUE NW, SUITE T23 MANAGEMENT OFFICE, WASHINGTON DC 20037
Hillary B Smith director C/O YEXT, INC, 61 NINTH AVENUE, NEW YORK NY 10011
Michael Walrath director ONE MADISON AVENUE, FIFTH FLOOR, NEW YORK NY 10010