Grange ResourcesASX:GRR 53 ROC (Joel Greenblatt) % is 9.00% as of Dec. 2025, which is 72% below its 10-year median of 31.58. GuruFocus rates ASX:GRR with a GF Score™ of 53/100 and a GF Value™ of A$0.26 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 632 Steel companies, Grange Resources ranks worse than 51.27% 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. Grange Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 9.00%.
The historical rank and industry rank for Grange Resources's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:GRR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.83 Med: 31.58 Max: 94.42
Current: 6.83
During the past 13 years, Grange Resources's highest ROC (Joel Greenblatt) % was 94.42%. The lowest was 6.83%. And the median was 31.58%.
ASX:GRR's ROC (Joel Greenblatt) % is ranked worse than 51.27% of 632
companies
in the Steel industry
Industry Median: 7.065
vs ASX:GRR: 6.83
Grange Resources's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -38.60% 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.
Grange Resources ROC (Joel Greenblatt) % Related Terms
Grange Resources ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Grange Resources'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.
ASX:GRR vs NUE, STLD, RS: ROC (Joel Greenblatt) % Comparison
For the Steel subindustry, Grange Resources'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.
Grange Resources ROC (Joel Greenblatt) % vs Steel Industry
For the Steel industry and Basic Materials sector, Grange Resources's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Grange Resources'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 two times the semi-annual (Dec. 2025) 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 9.00% mean?
Grange Resources (ASX:GRR) has a ROC (Joel Greenblatt) % of 9.00% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Grange Resources and its competitors. This is 72% below median its historical median of 31.58. Over the past decade, Grange Resources' ROC (Joel Greenblatt) % has ranged from 6.83 to 94.42. According to the industry distribution chart, Grange Resources ranks #324 out of 632 companies in the Steel industry, placing it in the top 51.3%.
Is Grange Resources' ROC (Joel Greenblatt) % too high?
Grange Resources' current ROC (Joel Greenblatt) % of 9.00% is 72% below median its 10-year median of 31.58. Over the past 10 years, this metric has ranged from a low of 6.83 to a high of 94.42. The Steel industry median ROC (Joel Greenblatt) % is 7.07. Grange Resources' value of 9.00% is 27.4% above this industry median. Based on the distribution chart, Grange Resources ranks #324 out of 632 companies in the Steel industry, which is below the industry midpoint. Overall, Grange Resources has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Grange Resources' ROC (Joel Greenblatt) % compare to NUE and STLD?
According to the Steel industry distribution chart, Grange Resources ranks #324 out of 632 companies for ROC (Joel Greenblatt) %. This places Grange Resources in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 7.07. Grange Resources' value of 9.00% is 27.4% above this benchmark. Historically, Grange Resources' own ROC (Joel Greenblatt) % has ranged from 6.83 to 94.42 over the past decade. While the company's 10-year median is 31.58 vs. the industry median of 7.07, Grange Resources has consistently been above the industry average. 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 Steel company?
The median ROC (Joel Greenblatt) % among Steel companies is 7.07, based on 632 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. Grange Resources's current ROC (Joel Greenblatt) % of 9.00% is 27.4% above the industry median. 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 Grange Resources and its competitors. For the Steel industry, the median ROC (Joel Greenblatt) % is 7.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grange Resources's current ROC (Joel Greenblatt) % is 9.00%, which is 72% below median its own 10-year median of 31.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grange Resources stock overvalued right now?
Based on GuruFocus' analysis, Grange Resources (ASX:GRR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.26, compared to a current price of A$0.15 — trading 44.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 9.00%, which is 72% below median its 10-year median of 31.58 and 27.4% above the Steel industry median of 7.07. Grange Resources' overall GF Score™ is 53/100 with 6 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 Grange Resources (ASX:GRR), the current ROC (Joel Greenblatt) % is 9.00% as of Dec. 2025. 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 Grange Resources (ASX:GRR) Overvalued in 2026?
Based on GuruFocus' analysis, Grange Resources stock appears to be undervalued.
The current stock price of A$0.15 is trading 44.2% below its estimated GF Value™ of A$0.26.
GuruFocus considers Grange Resources to be Possible Value Trap.
Key valuation signals for ASX:GRR:
ROC (Joel Greenblatt) %: 9.00% (72% below median its 10-year median of 31.58)
GF Value™: A$0.26 vs. price of A$0.15 (44.2% below fair value)
Industry Position: 27.4% above the Steel median (#324 of 632)
No single metric tells the full story. See the ASX:GRR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Grange Resources Ltd is engaged in the exploration, evaluation, and development of mineral resources and iron ore mining operations. The Group has one reportable segment, being the exploration, evaluation, and development of mineral resources and iron ore mining operations.
53GF Score
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