AAMTF (Armada Mercantile) ROC (Joel Greenblatt) %: 0.00% (As of Feb. 2026)


AAMTF Armada Mercantile Ltd AAMTF
41 GF Score
Price $0.25
GF Value $0.11
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Armada Mercantile ROC (Joel Greenblatt) %?

Armada Mercantile AAMTF 41 ROC (Joel Greenblatt) % is 0.00% as of Feb. 2026. GuruFocus rates AAMTF with a GF Score™ of 41/100 and a GF Value™ of $0.11 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 677 Capital Markets companies, Armada Mercantile ranks worse than 147710.34% on this metric.

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. Armada Mercantile's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 0.00%.

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

AAMTF's ROC (Joel Greenblatt) % is not ranked *
in the Capital Markets industry.
Industry Median: 34.76
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Armada Mercantile  (OTCPK:AAMTF) 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.


Armada Mercantile ROC (Joel Greenblatt) % Related Terms


Armada Mercantile ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Armada Mercantile'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.

Armada Mercantile ROC (Joel Greenblatt) % Chart

Armada Mercantile Annual Data
Trend Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Armada Mercantile Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 0.00 0.00 0.00 0.00 0.00

AAMTF vs MS, GS, SCHW: ROC (Joel Greenblatt) % Comparison

For the Capital Markets subindustry, Armada Mercantile'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.


Armada Mercantile ROC (Joel Greenblatt) % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Armada Mercantile's ROC (Joel Greenblatt) % distribution charts can be found below:

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


AAMTF
41GF Score
Armada Mercantile Ltd AAMTF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Armada Mercantile 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. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.004 + 0 + 0) - (0.036 + 0 + 6.9388939039072E-18)
=-0.032

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.004 + 0 + 0) - (0.098 + 0 + -1.3877787807814E-17)
=-0.094

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Armada Mercantile for the quarter that ended in Feb. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.184/( ( (0 + max(-0.032, 0)) + (0 + max(-0.094, 0)) )/ 1 )
=0.184/( ( 0 + 0 )/ 1 )
=0.184/0
= %

Note: The EBIT data used here is four times the quarterly (Feb. 2026) 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.

What does a ROC (Joel Greenblatt) % of 0.00% mean?
Armada Mercantile (AAMTF) has a ROC (Joel Greenblatt) % of 0.00% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Armada Mercantile and its competitors. According to the industry distribution chart, Armada Mercantile ranks #999999 out of 677 companies in the Capital Markets industry.
Is Armada Mercantile's ROC (Joel Greenblatt) % too high?
Armada Mercantile's current ROC (Joel Greenblatt) % is 0.00%. Based on the distribution chart, Armada Mercantile ranks #999999 out of 677 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Armada Mercantile has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Armada Mercantile's ROC (Joel Greenblatt) % compare to MS and GS?
According to the Capital Markets industry distribution chart, Armada Mercantile ranks #999999 out of 677 companies for ROC (Joel Greenblatt) %. This places Armada Mercantile in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 34.76. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Capital Markets company?
The median ROC (Joel Greenblatt) % among Capital Markets companies is 34.76, based on 677 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Armada Mercantile and its competitors. For the Capital Markets industry, the median ROC (Joel Greenblatt) % is 34.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Armada Mercantile's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armada Mercantile stock overvalued right now?
Based on GuruFocus' analysis, Armada Mercantile (AAMTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.11, compared to a current price of $0.25 — trading 127.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. Armada Mercantile's overall GF Score™ is 41/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Armada Mercantile (AAMTF), the current ROC (Joel Greenblatt) % is 0.00% as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Armada Mercantile (AAMTF) Overvalued in 2026?

Based on GuruFocus' analysis, Armada Mercantile stock appears to be overvalued. The current stock price of $0.25 is trading 127.3% above its estimated GF Value™ of $0.11. GuruFocus considers Armada Mercantile to be Significantly Overvalued.

Key valuation signals for AAMTF:

  • ROC (Joel Greenblatt) %: 0.00%
  • GF Value™: $0.11 vs. price of $0.25 (127.3% above fair value)
  • GF Score™: 41/100 with 3 warning signs

No single metric tells the full story. See the AAMTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Armada Mercantile Business Description

Other Exchanges ARM:Canada
Address 1616 West 3rd Avenue, Suite 100, Vancouver, BC, CAN, V6J 1K2
Armada Mercantile Ltd is engaged in the business of investing in new and existing businesses and organizations. The company is a financial services company that focuses on merchant banking through its wholly-owned subsidiary Armada Group USA, Inc. The company, through its investment in Oxygen Funding, Inc. offers commercial finance services to companies; internationally, including account receivables "factoring", supply chain, equipment leasing, merchant cash advance and purchase order, and other types of specialized finance.
41GF Score

Get the complete analysis for AAMTF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.25
Price
$0.11
GF Value