Pegasus Digital Mobility Acquisition (Pegasus Digital Mobility Acquisition) ROC (Joel Greenblatt) % : 0.00% (As of Dec. 2023)

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What is Pegasus Digital Mobility Acquisition 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. Pegasus Digital Mobility Acquisition's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 0.00%.

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

PGSS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16160 Med: -387.12 Max: -387.12
Current: -16160

During the past 3 years, Pegasus Digital Mobility Acquisition's highest ROC (Joel Greenblatt) % was -387.12%. The lowest was -16160.00%. And the median was -387.12%.

PGSS's ROC (Joel Greenblatt) % is ranked worse than
98.07% of 311 companies
in the Diversified Financial Services industry
Industry Median: -22.69 vs PGSS: -16160.00

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

Pegasus Digital Mobility Acquisition ROC (Joel Greenblatt) % Historical Data

The historical data trend for Pegasus Digital Mobility Acquisition'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.

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Pegasus Digital Mobility Acquisition ROC (Joel Greenblatt) % Chart

Pegasus Digital Mobility Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

ROC (Joel Greenblatt) %

-387.12

Pegasus Digital Mobility Acquisition Quarterly Data
	Apr21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROC (Joel Greenblatt) %	Get a 7-Day Free Trial						-8,610.00	-	-	-	-

Competitive Comparison of Pegasus Digital Mobility Acquisition's ROC (Joel Greenblatt) %

For the Shell Companies subindustry, Pegasus Digital Mobility Acquisition'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.

Pegasus Digital Mobility Acquisition's ROC (Joel Greenblatt) % Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pegasus Digital Mobility Acquisition's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Pegasus Digital Mobility Acquisition's ROC (Joel Greenblatt) % falls into.

Pegasus Digital Mobility Acquisition 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)
=	(0	+	0	+	0.024)	-	(3.112	+	0	+	0.00099999999999945)
=	-3.089

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0	+	0	+	0.053)	-	(4.172	+	0	+	0.0010000000000012)
=	-4.12

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Pegasus Digital Mobility Acquisition 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 )
=	-5.76	/	( ( (0 + max(-3.089, 0))	+	(0 + max(-4.12, 0)) )	/	1 )
=	-5.76	/	( ( 0	+	0 )	/	1 )
=	-5.76	/	0
=	%

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Pegasus Digital Mobility Acquisition (NYSE:PGSS) 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.

Pegasus Digital Mobility Acquisition ROC (Joel Greenblatt) % Related Terms

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Pegasus Digital Mobility Acquisition (Pegasus Digital Mobility Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pegasus Digital Mobility Acquisition Corp (NYSE:PGSS) » Definitions » ROC (Joel Greenblatt) %

Comparable Companies

Traded in Other Exchanges

N/A

Address

71 Fort Street, George Town, P.O Box 500, Grand Cayman, CYM, KY1-1106

Website

https://www.pegasusdigitalmobility.com

Pegasus Digital Mobility Acquisition Corp is a newly incorporated blank check company.

Executives

Tenor Capital Management Co., L.p.	10 percent owner	810 SEVENTH AVENUE, SUITE 1905, NEW YORK NY 10019
Robin Shah	10 percent owner	810 SEVENTH AVENUE, NEW YORK NY 10019
Tenor Opportunity Master Fund, Ltd.	10 percent owner	810 SEVENTH AVENUE, SUITE 1905, NEW YORK NY 10019
Steven John Norris	director	PO BOX 85587, SAN DIEGO CA 92186
Jeffrey H Foster	director	401 9TH STREET, NW #600, WASHINGTON DC 20004
John N. Doherty	director	1095 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Florian Wolf	director	260 MASON STREET, GREENWICH CT 06830
James Valentine Condon	director	260 MASON STREET, GREENWICH CT 06830
Ralf Speth	director, officer: Chief Executive Officer	260 MASON STREET, GREENWICH CT 06830
Stefan Berger	officer: Chief Investment Officer	260 MASON STREET, GREENWICH CT 06830
Pegasus Digital Mobility Sponsor Llc	10 percent owner	260 MASON STREET, GREENWICH CT 06830
Patrick J. Miller	director	260 MASON STREET, GREENWICH CT 06830
Faramaraz Jeremey Mistry	officer: Chief Financial Officer	260 MASON STREET, GREENWICH CT 06830