GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Eagle Graphite Inc (OTCPK:APMFF) » Definitions » ROC (Joel Greenblatt) %

Eagle Graphite (Eagle Graphite) ROC (Joel Greenblatt) % : -140.82% (As of Feb. 2022)


View and export this data going back to . Start your Free Trial

What is Eagle Graphite 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. Eagle Graphite's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2022 was -140.82%.

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

APMFF's ROC (Joel Greenblatt) % is not ranked *
in the Metals & Mining industry.
Industry Median: -19.61
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Eagle Graphite ROC (Joel Greenblatt) % Historical Data

The historical data trend for Eagle Graphite'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.

Eagle Graphite ROC (Joel Greenblatt) % Chart

Eagle Graphite Annual Data
Trend Jul12 Jul13 Jul14 May15 May16 May17 May18 May19 May20 May21
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -165.41 -222.22 -296.16 -87.10 176.68

Eagle Graphite Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 53.61 510.72 -29.78 -457.72 -140.82

Competitive Comparison of Eagle Graphite's ROC (Joel Greenblatt) %

For the Other Industrial Metals & Mining subindustry, Eagle Graphite'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.


Eagle Graphite's ROC (Joel Greenblatt) % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Eagle Graphite's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Eagle Graphite 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: Nov. 2021 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.005) - (0.85 + 2.408 + 0)
=-3.253

Working Capital(Q: Feb. 2022 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.934 + 2.395 + 0)
=-3.329

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Eagle Graphite for the quarter that ended in Feb. 2022 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2022 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2021  Q: Feb. 2022
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.276/( ( (0.197 + max(-3.253, 0)) + (0.195 + max(-3.329, 0)) )/ 2 )
=-0.276/( ( 0.197 + 0.195 )/ 2 )
=-0.276/0.196
=-140.82 %

Note: The EBIT data used here is four times the quarterly (Feb. 2022) 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.


Eagle Graphite  (OTCPK:APMFF) 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.


Eagle Graphite ROC (Joel Greenblatt) % Related Terms

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


Eagle Graphite (Eagle Graphite) Business Description

Traded in Other Exchanges
N/A
Address
82 Richmond Street East, Toronto, ON, CAN, M5J 1P1
Eagle Graphite Inc is a junior exploration-stage company. Principally, the company is engaged in the business of graphite exploration and evaluation in British Columbia, Canada. Its project includes Black crystal project located in the Slocan Valley area of British Columbia, approximately 35 kilometers west of the city of Nelson, and approximately 70 kilometers north of the border to the United States of America. The projects main activities comprise of graphite quarry and processing plant.