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Beamr Imaging (Beamr Imaging) ROC (Joel Greenblatt) %

: 0.00% (As of Dec. 2023)
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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. Beamr Imaging's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.00%.

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

BMR' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2788.98   Med: -555.15   Max: -157.79
Current: -2788.98

During the past 4 years, Beamr Imaging's highest ROC (Joel Greenblatt) % was -157.79%. The lowest was -2788.98%. And the median was -555.15%.

BMR's ROC (Joel Greenblatt) % is ranked worse than
93.96% of 2763 companies
in the Software industry
Industry Median: 13.12 vs BMR: -2788.98

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


Beamr Imaging ROC (Joel Greenblatt) % Historical Data

The historical data trend for Beamr Imaging'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.

Beamr Imaging Annual Data
Trend Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
-225.98 -157.79 -1,786.44 -884.31

Beamr Imaging Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
ROC (Joel Greenblatt) % Premium Member Only Premium Member Only 120.55 -3,676.40 -1,809.84 -5,383.61 -

Competitive Comparison

For the Software - Application subindustry, Beamr Imaging'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.


Beamr Imaging ROC (Joel Greenblatt) % Distribution

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

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



Beamr Imaging 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)
=(0.411 + 0 + 0.242) - (0.296 + 0.019 + 0.341)
=-0.0029999999999999

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.597 + 0 + 0.132) - (0.664 + 0.027 + 0)
=0.038000000000001

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Beamr Imaging for the quarter that ended in Dec. 2023 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0.016 + max(-0.0029999999999999, 0)) + (0.019 + max(0.038000000000001, 0)) )/ 2 )
=0/( ( 0.016 + 0.057000000000001 )/ 2 )
=0/0.0365
=0.00 %

Note: The EBIT data used here is two times the semi-annual (Dec. 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.


Beamr Imaging  (NAS:BMR) 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.


Beamr Imaging ROC (Joel Greenblatt) % Related Terms

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Beamr Imaging (Beamr Imaging) Business Description

Traded in Other Exchanges
Address
10 HaManofim Street, Herzeliya, ISR, 4672561
Beamr Imaging Ltd is a video technology and image science software company. It is an innovator of video encoding, transcoding, and optimization solutions that enable high quality, performance, and unmatched bitrate efficiency for video and images. The company is conducted through one operating segment, the optimization technology for video and photo compression. The company operates in Israel, the United States, and the rest of the world, it derives a majority of its revenue from the United States.