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EVER (EverQuote) ROC (Joel Greenblatt) % : 311.43% (As of Jun. 2024)


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What is EverQuote 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. EverQuote's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 311.43%.

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

EVER' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -384.2   Med: -152.43   Max: -15.88
Current: -99.42

During the past 8 years, EverQuote's highest ROC (Joel Greenblatt) % was -15.88%. The lowest was -384.20%. And the median was -152.43%.

EVER's ROC (Joel Greenblatt) % is ranked worse than
68.07% of 570 companies
in the Interactive Media industry
Industry Median: 2.63 vs EVER: -99.42

EverQuote's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.60% per year.


EverQuote ROC (Joel Greenblatt) % Historical Data

The historical data trend for EverQuote'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.

EverQuote ROC (Joel Greenblatt) % Chart

EverQuote Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -129.11 -66.56 -118.13 -228.50 -291.92

EverQuote Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 -325.97 -414.24 -360.10 99.42 311.43

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

For the Internet Content & Information subindustry, EverQuote'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.


EverQuote's ROC (Joel Greenblatt) % Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, EverQuote's ROC (Joel Greenblatt) % distribution charts can be found below:

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



EverQuote 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)
=(38.286 + 0 + 4.783) - (36.869 + 1.87 + 6.846)
=-2.516

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(48.033 + 0 + 4.439) - (45.615 + 1.899 + 6.205)
=-1.247

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of EverQuote 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 )
=25.168/( ( (6.874 + max(-2.516, 0)) + (9.289 + max(-1.247, 0)) )/ 2 )
=25.168/( ( 6.874 + 9.289 )/ 2 )
=25.168/8.0815
=311.43 %

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.


EverQuote  (NAS:EVER) 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.


EverQuote ROC (Joel Greenblatt) % Related Terms

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


EverQuote Business Description

Traded in Other Exchanges
Address
210 Broadway, Cambridge, MA, USA, 02139
EverQuote Inc is engaged in the business activity of offering an online marketplace for insurance shopping. The online marketplace offers consumers to find relevant insurance quotes based on car insurance, home insurance, and life insurance. The platform of the company is driven by data science. The firm's data and technology platform match and connects consumers seeking to purchase insurance with relevant options from its broad direct network of insurance providers. It derives a majority of revenue from Direct channels.
Executives
Jayme Mendal officer: Chief Revenue Officer 210 BROADWAY, CAMBRIDGE MA 02139
Joseph Sanborn officer: Chief Financial Officer C/O EVERQUOTE, INC., 210 BROADWAY, CAMBRIDGE MA 02139
David Brainard officer: Chief Technology Officer 201 BROADWAY, SUITE 401, CAMBRIDGE MA 02139
Julia Brncic officer: General Counsel 210 BROADWAY, CAMBRIDGE MA 02139
Jon Ayotte officer: Chief Accounting Officer C/O EVERQUOTE, INC., 210 BROADWAY, CAMBRIDGE MA 02139
David B Blundin director, 10 percent owner C/O MICROSTRATEGY INC, 1861 INTERNATIONAL DR, MCLEAN VA 22102
Ventures, Lllp Link 10 percent owner ONE KENDALL SQUARE, SUITE B2106, CAMBRIDGE MA 02139
John L. Shields director 210 BROADWAY, CAMBRIDGE MA 02139
Mira Wilczek director 210 BROADWAY, CAMBRIDGE MA 02139
George R Neble director 210 BROADWAY, CAMBRIDGE MA 02139
Paul F Deninger director C/O JEFFERIES & CO., 1050 WINTER STREET, WALTHAM MA 02451
Darryl Auguste officer: See Remarks 210 BROADWAY, CAMBRIDGE MA 02139
John Brandon Wagner officer: See Remarks 210 BROADWAY, CAMBRIDGE MA 02139
David W Mason officer: General Counsel and Secretary 210 BROADWAY, CAMBRIDGE MA 02139
Nicholas Graham officer: Chief Revenue Officer 210 BROADWAY, CAMBRIDGE MA 02139

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