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Gattaca (LSE:GATC) ROC (Joel Greenblatt) % : 38.93% (As of Jan. 2024)


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What is Gattaca 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. Gattaca's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 38.93%.

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

LSE:GATC' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -76.62   Med: 18.64   Max: 89.3
Current: 89.3

During the past 13 years, Gattaca's highest ROC (Joel Greenblatt) % was 89.30%. The lowest was -76.62%. And the median was 18.64%.

LSE:GATC's ROC (Joel Greenblatt) % is ranked better than
79.53% of 1065 companies
in the Business Services industry
Industry Median: 20.8 vs LSE:GATC: 89.30

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


Gattaca ROC (Joel Greenblatt) % Historical Data

The historical data trend for Gattaca'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.

Gattaca ROC (Joel Greenblatt) % Chart

Gattaca Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.77 11.87 13.16 -76.62 77.64

Gattaca Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 -69.32 -76.07 32.91 133.46 38.93

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

For the Staffing & Employment Services subindustry, Gattaca'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.


Gattaca's ROC (Joel Greenblatt) % Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Gattaca's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Gattaca 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: Jul. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.905 + 0 + 1.679) - (42.969 + 0 + 5.302)
=-14.687

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(27.936 + 0 + 1.637) - (43.892 + 0 + 0.816)
=-15.135

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Gattaca for the quarter that ended in Jan. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jul. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1.066/( ( (2.897 + max(-14.687, 0)) + (2.58 + max(-15.135, 0)) )/ 2 )
=1.066/( ( 2.897 + 2.58 )/ 2 )
=1.066/2.7385
=38.93 %

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


Gattaca  (LSE:GATC) 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.


Gattaca ROC (Joel Greenblatt) % Related Terms

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Gattaca (LSE:GATC) Business Description

Traded in Other Exchanges
Address
1450 Parkway, Solent Business Park, Whiteley, Fareham, Hampshire, GBR, PO15 7AF
Gattaca PLC provides specialist recruitment solutions to companies in the engineering and technology sector. Its offerings revolve around following services: contingent workforce solutions which include temporary, contract and project bases workforce; permanent recruitment process outsourcing providing full as well as partial outsource of the permanent workforce to clients; total workforce solutions and Employer branding services. The company's operating segments are classified into Mobility, Energy, Defense, Technology, Media and Telecoms, Infrastructure, International and other. It generates majority of the revenue from the infrastructure. Geographically, it derives a majority of revenue from the United Kingdom and also has a presence in Middle East, Europe, Africa and the United States.

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