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Diebold Nixdorf AG (CHIX:WIND) ROC (Joel Greenblatt) % : 104.86% (As of Jun. 2024)


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What is Diebold Nixdorf AG 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. Diebold Nixdorf AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 104.86%.

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

CHIX:WIND' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -95.47   Med: 58.18   Max: 152.56
Current: 51.12

During the past 13 years, Diebold Nixdorf AG's highest ROC (Joel Greenblatt) % was 152.56%. The lowest was -95.47%. And the median was 58.18%.

CHIX:WIND's ROC (Joel Greenblatt) % is not ranked
in the Software industry.
Industry Median: 17.73 vs CHIX:WIND: 51.12

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


Diebold Nixdorf AG ROC (Joel Greenblatt) % Historical Data

The historical data trend for Diebold Nixdorf AG'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.

Diebold Nixdorf AG ROC (Joel Greenblatt) % Chart

Diebold Nixdorf AG Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Dec18 Dec20 Dec21 Dec22
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 152.56 68.18 -2.20 49.78 -95.47

Diebold Nixdorf AG Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -2,100.48 81.04 - 30.71 104.86

Competitive Comparison of Diebold Nixdorf AG's ROC (Joel Greenblatt) %

For the Information Technology Services subindustry, Diebold Nixdorf AG'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.


Diebold Nixdorf AG's ROC (Joel Greenblatt) % Distribution in the Software Industry

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

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



Diebold Nixdorf AG 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: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(607.844 + 585.212 + 246.744) - (493.672 + 0 + 810.52)
=135.608

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(603.85 + 587.778 + 235.967) - (455.024 + 0 + 791.043)
=181.528

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Diebold Nixdorf AG for the quarter that ended in Jun. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=311.772/( ( (140.852 + max(135.608, 0)) + (136.656 + max(181.528, 0)) )/ 2 )
=311.772/( ( 276.46 + 318.184 )/ 2 )
=311.772/297.322
=104.86 %

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


Diebold Nixdorf AG  (CHIX:WIND) 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.


Diebold Nixdorf AG ROC (Joel Greenblatt) % Related Terms

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Diebold Nixdorf AG Business Description

Traded in Other Exchanges
N/A
Address
350 Orchard Avenue NE, North Canton, OH, USA, 44720-2556
Diebold Nixdorf AG is a provider of information technology solutions and services to retail banks and the retail industry. The company's core business activities are categorized into two key segments - Banking and Retail segments. The Banking segment which derives key revenue, is involved in the development, manufacture, and sale of hardware, software, and services for customers in the banking industry. The Retail segment is engaged in the development, production, logistics, marketing, and sale of hardware together with software and other services for retail customers. Geographically, the company generates maximum revenue from the EMEA followed by the Americas and the Asia-Pacific region.

Diebold Nixdorf AG Headlines

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