CRSTF (Mineral Road Discovery) ROC (Joel Greenblatt) %: -33.84% (As of Nov. 2025)

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What is Mineral Road Discovery ROC (Joel Greenblatt) %?

Mineral Road Discovery CRSTF ROC (Joel Greenblatt) % is -33.84% as of Nov. 2025. The stock has 1 warning sign investors should review. Among 2,502 Metals & Mining companies, Mineral Road Discovery ranks worse than 63.27% 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. Mineral Road Discovery's annualized ROC (Joel Greenblatt) % for the quarter that ended in Nov. 2025 was -33.84%.

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

CRSTF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -179.53   Med: -68.06   Max: 229.01
Current: -50.71

During the past 8 years, Mineral Road Discovery's highest ROC (Joel Greenblatt) % was 229.01%. The lowest was -179.53%. And the median was -68.06%.

CRSTF's ROC (Joel Greenblatt) % is ranked worse than
63.27% of 2502 companies
in the Metals & Mining industry
Industry Median: -22.14 vs CRSTF: -50.71

Mineral Road Discovery's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Mineral Road Discovery  (OTCPK:CRSTF) 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.


Mineral Road Discovery ROC (Joel Greenblatt) % Related Terms


Mineral Road Discovery ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Mineral Road Discovery'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.

Mineral Road Discovery ROC (Joel Greenblatt) % Chart

Mineral Road Discovery Annual Data
Trend May18 May19 May20 May21 May22 May23 May24 May25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 241.64 -38.99 -65.24 -102.45 -70.74

Mineral Road Discovery Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 -142.48 -79.20 -83.29 -34.50 -33.84

Mineral Road Discovery ROC (Joel Greenblatt) % Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mineral Road Discovery'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.


Mineral Road Discovery ROC (Joel Greenblatt) % vs Metals & Mining Industry

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

* The bar in red indicates where Mineral Road Discovery's ROC (Joel Greenblatt) % falls into.



Mineral Road Discovery 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: Aug. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.001 + 0 + 0.486) - (1.243 + 0 + 0.115)
=-0.871

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.004 + 0 + 0.148) - (1.222 + 0 + 0.07)
=-1.14

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Mineral Road Discovery for the quarter that ended in Nov. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Nov. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Aug. 2025  Q: Nov. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.216/( ( (3.51 + max(-0.871, 0)) + (3.676 + max(-1.14, 0)) )/ 2 )
=-1.216/( ( 3.51 + 3.676 )/ 2 )
=-1.216/3.593
=-33.84 %

Note: The EBIT data used here is four times the quarterly (Nov. 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 -33.84% mean?
Mineral Road Discovery (CRSTF) has a ROC (Joel Greenblatt) % of -33.84% as of Nov. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Mineral Road Discovery and its competitors. According to the industry distribution chart, Mineral Road Discovery ranks #1583 out of 2502 companies in the Metals & Mining industry, placing it in the top 63.3%.
Is Mineral Road Discovery's ROC (Joel Greenblatt) % too high?
Mineral Road Discovery's current ROC (Joel Greenblatt) % is -33.84%. Based on the distribution chart, Mineral Road Discovery ranks #1583 out of 2502 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Mineral Road Discovery's ROC (Joel Greenblatt) % compare to competitors?
According to the Metals & Mining industry distribution chart, Mineral Road Discovery ranks #1583 out of 2502 companies for ROC (Joel Greenblatt) %. This places Mineral Road Discovery 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 Mineral Road Discovery and its competitors. Mineral Road Discovery's current ROC (Joel Greenblatt) % is -33.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Road Discovery stock overvalued right now?
Mineral Road Discovery (CRSTF) has a current ROC (Joel Greenblatt) % of -33.84%. The current ROC (Joel Greenblatt) % is -33.84%. 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 Mineral Road Discovery (CRSTF), the current ROC (Joel Greenblatt) % is -33.84% as of Nov. 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.

Mineral Road Discovery Business Description

Other Exchanges 7C9:GermanyROAD:Canada
Address 2501-550 Burrard Street, Vancouver, BC, CAN, V6C 2B5
Mineral Road Discovery Inc is a Canadian exploration company focused on acquiring, exploring, and evaluating mineral property assets in Canada and Australia. The company invests in mineral exploration and mining technology companies. Its portfolio includes strategic investments such as a majority equity interest in Ausvan Battery Metals Pty Ltd, which owns the Allaru Project in Queensland, Australia. The company operates in one business segment, the acquisition and exploration of mineral property assets, and two geographical segments, Australia and Canada.