GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » I Synergy Group Ltd (ASX:IS3) » Definitions » ROC (Joel Greenblatt) %

I Synergy Group (ASX:IS3) ROC (Joel Greenblatt) % : -79.79% (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is I Synergy Group 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. I Synergy Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -79.79%.

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

ASX:IS3' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1142.6   Med: -72.15   Max: 30.14
Current: -128.24

During the past 7 years, I Synergy Group's highest ROC (Joel Greenblatt) % was 30.14%. The lowest was -1142.60%. And the median was -72.15%.

ASX:IS3's ROC (Joel Greenblatt) % is ranked worse than
83.49% of 1048 companies
in the Media - Diversified industry
Industry Median: 11.17 vs ASX:IS3: -128.24

I Synergy Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -80.50% per year.


I Synergy Group ROC (Joel Greenblatt) % Historical Data

The historical data trend for I Synergy Group'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.

I Synergy Group ROC (Joel Greenblatt) % Chart

I Synergy Group Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -104.26 -72.15 -41.22 -1,142.60 -221.00

I Synergy Group Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -123.31 -383.01 -1,208.09 -128.04 -79.79

Competitive Comparison of I Synergy Group's ROC (Joel Greenblatt) %

For the Advertising Agencies subindustry, I Synergy Group'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.


I Synergy Group's ROC (Joel Greenblatt) % Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, I Synergy Group's ROC (Joel Greenblatt) % distribution charts can be found below:

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



I Synergy Group 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)
=(0.428 + 0 + 0.52) - (0.007 + 0 + 2.314)
=-1.373

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.1) - (0 + 0.853 + 0.416)
=-1.169

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of I Synergy Group 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 )
=-0.608/( ( (1.268 + max(-1.373, 0)) + (0.256 + max(-1.169, 0)) )/ 2 )
=-0.608/( ( 1.268 + 0.256 )/ 2 )
=-0.608/0.762
=-79.79 %

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.


I Synergy Group  (ASX:IS3) 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.


I Synergy Group ROC (Joel Greenblatt) % Related Terms

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


I Synergy Group (ASX:IS3) Business Description

Traded in Other Exchanges
N/A
Address
No. 8 Jalan Kerinchi, Avenue 3 Bangsar South, The Vertical Business Suite, Unit 20-10, Tower A, Kuala Lumpur, SGR, MYS, 59200
I Synergy Group Ltd is an investment holding company. Through its subsidiaries, it provides affiliate marketing solutions to advertisers and affiliates. The company operates Affiliate Junction, an affiliate marketing platform that offers performance-based marketing solutions, as well as access to various affiliate programs. Its geographical segments are Malaysia and Indonesia, of which the majority of its revenue comes from Malaysia.

I Synergy Group (ASX:IS3) Headlines

No Headlines