Perseus Mining (ASX:PRU) ROC (Joel Greenblatt) %: 37.85% (As of Dec. 2025) — 129% Above Median


ASX:PRU Perseus Mining Ltd ASX:PRU
92 GF Score
Price A$5.22
GF Value A$3.75
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Perseus Mining ROC (Joel Greenblatt) %?

Perseus Mining ASX:PRU +7.19% 92 ROC (Joel Greenblatt) % is 37.85% as of Dec. 2025, which is 129% above its 10-year median of 16.53. GuruFocus rates ASX:PRU with a GF Score™ of 92/100 and a GF Value™ of A$3.75 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 2,500 Metals & Mining companies, Perseus Mining ranks better than 94% 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. Perseus Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 37.85%.

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

ASX:PRU' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -13.59   Med: 16.53   Max: 52.06
Current: 46.15

During the past 13 years, Perseus Mining's highest ROC (Joel Greenblatt) % was 52.06%. The lowest was -13.59%. And the median was 16.53%.

ASX:PRU's ROC (Joel Greenblatt) % is ranked better than
94% of 2500 companies
in the Metals & Mining industry
Industry Median: -22.14 vs ASX:PRU: 46.15

Perseus Mining's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 31.70% per year.


Perseus Mining  (ASX:PRU) 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.


Perseus Mining ROC (Joel Greenblatt) % Related Terms


Perseus Mining ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Perseus Mining'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.

Perseus Mining ROC (Joel Greenblatt) % Chart

Perseus Mining Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.97 24.22 43.84 48.91 52.06

Perseus Mining Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 46.73 55.00 50.85 56.25 37.85

ASX:PRU vs NEM, AU: ROC (Joel Greenblatt) % Comparison

For the Gold subindustry, Perseus Mining'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.


Perseus Mining ROC (Joel Greenblatt) % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Perseus Mining's ROC (Joel Greenblatt) % distribution charts can be found below:

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


ASX:PRU
92GF Score
Perseus Mining Ltd ASX:PRU
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Perseus Mining 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.539 + 229.892 + 38.059) - (289.922 + 27.072 + 10.948)
=-57.452

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(121.974 + 205.718 + 98.655) - (237.885 + 21.23 + 17.879)
=149.353

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Perseus Mining for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=729.952/( ( (1776.952 + max(-57.452, 0)) + (1930.39 + max(149.353, 0)) )/ 2 )
=729.952/( ( 1776.952 + 2079.743 )/ 2 )
=729.952/1928.3475
=37.85 %

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 37.85% mean?
Perseus Mining (ASX:PRU) has a ROC (Joel Greenblatt) % of 37.85% 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 Perseus Mining and its competitors. This is 129% above median its historical median of 16.53. According to the industry distribution chart, Perseus Mining ranks #150 out of 2500 companies in the Metals & Mining industry, placing it in the top 6%.
Is Perseus Mining's ROC (Joel Greenblatt) % too high?
Perseus Mining's current ROC (Joel Greenblatt) % of 37.85% is 129% above median its 10-year median of 16.53. Based on the distribution chart, Perseus Mining ranks #150 out of 2500 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Perseus Mining has a GF Score™ of 92/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Perseus Mining's ROC (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Perseus Mining ranks #150 out of 2500 companies for ROC (Joel Greenblatt) %. This places Perseus Mining in the top 6% 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 Perseus Mining and its competitors. Perseus Mining's current ROC (Joel Greenblatt) % is 37.85%, which is 129% above median its own 10-year median of 16.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perseus Mining stock overvalued right now?
Based on GuruFocus' analysis, Perseus Mining (ASX:PRU) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.75, compared to a current price of A$5.22 — trading 39.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 37.85%, which is 129% above median its 10-year median of 16.53. Perseus Mining's overall GF Score™ is 92/100 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 Perseus Mining (ASX:PRU), the current ROC (Joel Greenblatt) % is 37.85% 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 Perseus Mining (ASX:PRU) Overvalued in 2026?

Based on GuruFocus' analysis, Perseus Mining stock appears to be overvalued. The current stock price of A$5.22 is trading 39.2% above its estimated GF Value™ of A$3.75. GuruFocus considers Perseus Mining to be Significantly Overvalued.

Key valuation signals for ASX:PRU:

  • ROC (Joel Greenblatt) %: 37.85% (129% above median its 10-year median of 16.53)
  • GF Value™: A$3.75 vs. price of A$5.22 (39.2% above fair value)
  • GF Score™: 92/100 with 1 warning sign

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


Perseus Mining Business Description

Address 437 Roberts Road, Level 2, Subiaco, Perth, WA, AUS, 6008
Perseus is an Australia-based gold miner. It sold around 490,000 ounces of gold in fiscal 2025 from its three majority-owned mines in West Africa. Founded in 2004, Perseus bought all three of its operating mines originally as exploration licenses or development projects. Its 90%-owned Edikan mine in Ghana achieved first gold in 2011, with 86%-owned Sissingue and 90%-owned Yaoure in Ivory Coast following in 2018 and 2020, respectively. The company also purchased its 80%-owned Nyanzaga gold development in Tanzania in fiscal 2024. It had about a decade of reserves at end fiscal 2025. We forecast it sells about 500,000 ounces of gold in fiscal 2030.
92GF Score

Get the complete analysis for ASX:PRU

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

A$5.22
Price
A$3.75
GF Value