High Peak RoyaltiesASX:HPR ROC (Joel Greenblatt) % is 0.00% as of Dec. 2025. The stock has 3 warning signs investors should review. Among 999 Oil & Gas companies, High Peak Royalties ranks better than 99.3% 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. High Peak Royalties's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.00%.
The historical rank and industry rank for High Peak Royalties's ROC (Joel Greenblatt) % or its related term are showing as below:
ASX:HPR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -57625 Med: -345.95 Max: 1845.52
Current: 1845.52
During the past 13 years, High Peak Royalties's highest ROC (Joel Greenblatt) % was 1845.52%. The lowest was -57625.00%. And the median was -345.95%.
ASX:HPR's ROC (Joel Greenblatt) % is ranked better than 99.3% of 999
companies
in the Oil & Gas industry
Industry Median: 8.41
vs ASX:HPR: 1845.52
High Peak Royalties's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
High Peak Royalties (ASX:HPR) 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.
High Peak Royalties ROC (Joel Greenblatt) % Related Terms
High Peak Royalties ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for High Peak Royalties'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:HPR vs COP, EOG, FANG: ROC (Joel Greenblatt) % Comparison
For the Oil & Gas E&P subindustry, High Peak Royalties'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.
High Peak Royalties ROC (Joel Greenblatt) % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, High Peak Royalties's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where High Peak Royalties's ROC (Joel Greenblatt) % falls into.
High Peak Royalties 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:
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 0.00% mean?
High Peak Royalties (ASX:HPR) has a ROC (Joel Greenblatt) % of 0.00% 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 High Peak Royalties and its competitors. According to the industry distribution chart, High Peak Royalties ranks #7 out of 999 companies in the Oil & Gas industry, placing it in the top 0.7%.
Is High Peak Royalties' ROC (Joel Greenblatt) % too high?
High Peak Royalties' current ROC (Joel Greenblatt) % is 0.00%. Based on the distribution chart, High Peak Royalties ranks #7 out of 999 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does High Peak Royalties' ROC (Joel Greenblatt) % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, High Peak Royalties ranks #7 out of 999 companies for ROC (Joel Greenblatt) %. This places High Peak Royalties in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.41. 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.41, based on 999 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 High Peak Royalties and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Peak Royalties'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 High Peak Royalties stock overvalued right now?
Based on GuruFocus' analysis, High Peak Royalties (ASX:HPR) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.06, compared to a current price of A$0.09 — trading 51.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. 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 High Peak Royalties (ASX:HPR), the current ROC (Joel Greenblatt) % is 0.00% 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.
High Peak Royalties Ltd is engaged in the acquisition of royalty and exploration interests in oil and gas assets, predominantly in Australia and the United States. Geographically, it operates in the USA and Australia and generates maximum revenue from the United States. The company has royalties over 20 oil and gas permits in Australia, over 2,000 wells in the USA, and is the operator of four geothermal permit interests.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:HPR has been successfully added to your 