Avino Silver & Gold MinesASM +4.95%78 ROC (Joel Greenblatt) % is 62.38% as of Mar. 2026, which is 2415% above its 10-year median of 2.48. GuruFocus rates ASM with a GF Scoreâ„¢ of 78/100 and a GF Valueâ„¢ of $2.08 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,500 Metals & Mining companies, Avino Silver & Gold Mines ranks better than 93.4% 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. Avino Silver & Gold Mines's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 62.38%.
The historical rank and industry rank for Avino Silver & Gold Mines's ROC (Joel Greenblatt) % or its related term are showing as below:
ASM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -18.7 Med: 2.48 Max: 223.39
Current: 41.71
During the past 13 years, Avino Silver & Gold Mines's highest ROC (Joel Greenblatt) % was 223.39%. The lowest was -18.70%. And the median was 2.48%.
ASM's ROC (Joel Greenblatt) % is ranked better than 93.4% of 2500
companies
in the Metals & Mining industry
Industry Median: -22.13
vs ASM: 41.71
Avino Silver & Gold Mines's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
The historical data trend for Avino Silver & Gold Mines'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 Precious Metals & Mining subindustry, Avino Silver & Gold Mines'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.
Avino Silver & Gold Mines ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Avino Silver & Gold Mines's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Avino Silver & Gold Mines'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 62.38% mean?
Avino Silver & Gold Mines (ASM) has a ROC (Joel Greenblatt) % of 62.38% 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 Avino Silver & Gold Mines and its competitors. This is 2415% above median its historical median of 2.48. According to the industry distribution chart, Avino Silver & Gold Mines ranks #165 out of 2500 companies in the Metals & Mining industry, placing it in the top 6.6%.
Is Avino Silver & Gold Mines' ROC (Joel Greenblatt) % too high?
Avino Silver & Gold Mines' current ROC (Joel Greenblatt) % of 62.38% is 2415% above median its 10-year median of 2.48. Based on the distribution chart, Avino Silver & Gold Mines ranks #165 out of 2500 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Avino Silver & Gold Mines has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Avino Silver & Gold Mines' ROC (Joel Greenblatt) % compare to HL?
According to the Metals & Mining industry distribution chart, Avino Silver & Gold Mines ranks #165 out of 2500 companies for ROC (Joel Greenblatt) %. This places Avino Silver & Gold Mines in the top 7% of its industry — outperforming the majority of peers. 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 Avino Silver & Gold Mines and its competitors. Avino Silver & Gold Mines's current ROC (Joel Greenblatt) % is 62.38%, which is 2415% above median its own 10-year median of 2.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Avino Silver & Gold Mines stock overvalued right now?
Based on GuruFocus' analysis, Avino Silver & Gold Mines (ASM) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.08, compared to a current price of $6.15 — trading 195.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 62.38%, which is 2415% above median its 10-year median of 2.48. Avino Silver & Gold Mines' overall GF Score™ is 78/100 with 1 warning sign 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 Avino Silver & Gold Mines (ASM), the current ROC (Joel Greenblatt) % is 62.38% 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 Avino Silver & Gold Mines (ASM) Overvalued in 2026?
Based on GuruFocus' analysis, Avino Silver & Gold Mines stock appears to be overvalued.
The current stock price of $6.15 is trading 195.7% above its estimated GF Value™ of $2.08.
GuruFocus considers Avino Silver & Gold Mines to be Significantly Overvalued.
Key valuation signals for ASM:
ROC (Joel Greenblatt) %: 62.38% (2415% above median its 10-year median of 2.48)
GF Value™: $2.08 vs. price of $6.15 (195.7% above fair value)
No single metric tells the full story. See the ASM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Avino Silver & Gold Mines Ltd is a mineral resource company. It is engaged in the exploration, extraction, and processing of silver, gold, and copper and the acquisition, exploration, and advancement of mineral properties. The company generates majority of its revenues through the sale of Copper produced from its mines. Its project portfolio includes Avino; San Gonzalo; Oxide Tailings; Bralorne Gold and others.
78GF Score
Get the complete analysis for ASM
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASM has been successfully added to your 
