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Dion Global Solutions (BOM:526927) ROC (Joel Greenblatt) % : 175.88% (As of Dec. 2023)


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What is Dion Global Solutions 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. Dion Global Solutions's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 175.88%.

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

BOM:526927' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3294   Med: -67.63   Max: 42.89
Current: -3294

During the past 13 years, Dion Global Solutions's highest ROC (Joel Greenblatt) % was 42.89%. The lowest was -3294.00%. And the median was -67.63%.

BOM:526927's ROC (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 14.56 vs BOM:526927: -3294.00

Dion Global Solutions's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -62.60% per year.


Dion Global Solutions ROC (Joel Greenblatt) % Historical Data

The historical data trend for Dion Global Solutions'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.

Dion Global Solutions ROC (Joel Greenblatt) % Chart

Dion Global Solutions Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar21 Mar22 Mar23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.29 -1,401.86 -46.72 -1,671.09 -287.72

Dion Global Solutions Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,282.13 -5,307.12 -4,086.29 -3,411.56 175.88

Competitive Comparison of Dion Global Solutions's ROC (Joel Greenblatt) %

For the Software - Application subindustry, Dion Global Solutions'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.


Dion Global Solutions's ROC (Joel Greenblatt) % Distribution in the Software Industry

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

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



Dion Global Solutions 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: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19.635 + 0 + 17.73) - (31.449 + 0 + 5553.504)
=-5547.588

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

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Dion Global Solutions 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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.4/( ( (0.796 + max(-5547.588, 0)) + (0 + max(0, 0)) )/ 1 )
=1.4/( ( 0.796 + 0 )/ 1 )
=1.4/0.796
=175.88 %

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


Dion Global Solutions  (BOM:526927) 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.


Dion Global Solutions ROC (Joel Greenblatt) % Related Terms

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Dion Global Solutions (BOM:526927) Business Description

Traded in Other Exchanges
N/A
Address
1st Floor, Tower B, Prius Universal, Plot A - 3 to 5,, Sector 125, Noida, UP, IND, 201301
Dion Global Solutions Ltd is engaged in building software solutions for wealth management, asset administration, retail and institutional trading and settlements, Foreign Account Tax Compliance Act, common reporting standard, other tax compliances, real-time payments, bank connectivity, case management, data lifecycle management platform, and governance, risk and compliance audit. The business of the company operates in one business segment that is Software Product and Services. The software development service generates maximum revenue for the company. Geographically the company exports its services to Asia, Europe, Australia, and New Zealand.

Dion Global Solutions (BOM:526927) Headlines

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