Almonty IndustriesALM -1.44%53 ROC (Joel Greenblatt) % is -2.95% as of Mar. 2026. GuruFocus rates ALM with a GF Score™ of 53/100 and a GF Value™ of $1.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,500 Metals & Mining companies, Almonty Industries ranks worse than 63.04% 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. Almonty Industries's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.95%.
The historical rank and industry rank for Almonty Industries's ROC (Joel Greenblatt) % or its related term are showing as below:
ALM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -67.23 Med: -7.16 Max: -2.93
Current: -49.86
During the past 13 years, Almonty Industries's highest ROC (Joel Greenblatt) % was -2.93%. The lowest was -67.23%. And the median was -7.16%.
ALM's ROC (Joel Greenblatt) % is ranked worse than 63.04% of 2500
companies
in the Metals & Mining industry
Industry Median: -22.14
vs ALM: -49.86
Almonty Industries's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -38.00% per year.
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.
Almonty Industries ROC (Joel Greenblatt) % Related Terms
Almonty Industries ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Almonty Industries'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.
For the Other Industrial Metals & Mining subindustry, Almonty Industries'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.
Almonty Industries ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Almonty Industries's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Almonty Industries's ROC (Joel Greenblatt) % falls into.
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:
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.
Note:
The EBIT data used here is four times the quarterly (Mar. 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 -2.95% mean?
Almonty Industries (ALM) has a ROC (Joel Greenblatt) % of -2.95% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Almonty Industries and its competitors. According to the industry distribution chart, Almonty Industries ranks #1576 out of 2500 companies in the Metals & Mining industry, placing it in the top 63%.
Is Almonty Industries' ROC (Joel Greenblatt) % too high?
Almonty Industries' current ROC (Joel Greenblatt) % is -2.95%. Based on the distribution chart, Almonty Industries ranks #1576 out of 2500 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Almonty Industries has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Almonty Industries' ROC (Joel Greenblatt) % compare to competitors?
According to the Metals & Mining industry distribution chart, Almonty Industries ranks #1576 out of 2500 companies for ROC (Joel Greenblatt) %. This places Almonty Industries in the lower half of its industry. 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 Metals & Mining company?
A good ROC (Joel Greenblatt) % depends on the Metals & Mining industry context. 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 Almonty Industries and its competitors. Almonty Industries's current ROC (Joel Greenblatt) % is -2.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almonty Industries stock overvalued right now?
Based on GuruFocus' analysis, Almonty Industries (ALM) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.07, compared to a current price of $15.72 — trading 1369.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is -2.95%. Almonty Industries' overall GF Score™ is 53/100 with 5 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 Almonty Industries (ALM), the current ROC (Joel Greenblatt) % is -2.95% as of Mar. 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 Almonty Industries (ALM) Overvalued in 2026?
Based on GuruFocus' analysis, Almonty Industries stock appears to be overvalued.
The current stock price of $15.72 is trading 1369.2% above its estimated GF Value™ of $1.07.
GuruFocus considers Almonty Industries to be Significantly Overvalued.
Key valuation signals for ALM:
ROC (Joel Greenblatt) %: -2.95%
GF Value™: $1.07 vs. price of $15.72 (1369.2% above fair value)
No single metric tells the full story. See the ALM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Almonty Industries Inc is engaged in the development of the Sangdong Mine in South Korea, and the Company is currently mining, processing, and shipping tungsten concentrate from the Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal (Panasqueira Mine). Additionally, the Company is evaluating its molybdenum project with inferred mineral resources on a separate property adjacent to the tungsten orebody at the Sangdong Mine, its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora (Valtreixal Mine), and the newly-acquired Gentung Browns Lake tungsten project located in Montana, USA (Gentung-Browns Lake Project). The company has two geographical locations: the Iberian Peninsula (Spain and Portugal) and the Republic of Korea.
53GF Score
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