Dundee Precious MetalsDNPWF 78 ROC (Joel Greenblatt) % is 32.38% as of Mar. 2026, which is 24% above its 10-year median of 26.10. GuruFocus rates DNPWF with a GF Score™ of 78/100. The stock has 2 warning signs investors should review. Among 2,496 Metals & Mining companies, Dundee Precious Metals ranks better than 91.91% 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. Dundee Precious Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.38%.
The historical rank and industry rank for Dundee Precious Metals's ROC (Joel Greenblatt) % or its related term are showing as below:
DNPWF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -19.61 Med: 26.1 Max: 47.89
Current: 34.16
During the past 13 years, Dundee Precious Metals's highest ROC (Joel Greenblatt) % was 47.89%. The lowest was -19.61%. And the median was 26.10%.
DNPWF's ROC (Joel Greenblatt) % is ranked better than 91.91% of 2496
companies
in the Metals & Mining industry
Industry Median: -22.725
vs DNPWF: 34.16
Dundee Precious Metals's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.20% 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.
Dundee Precious Metals ROC (Joel Greenblatt) % Related Terms
Dundee Precious Metals ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Dundee Precious Metals'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.
DNPWF vs NEM, AU: ROC (Joel Greenblatt) % Comparison
For the Gold subindustry, Dundee Precious Metals'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.
Dundee Precious Metals ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Dundee Precious Metals's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Dundee Precious Metals'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 32.38% mean?
Dundee Precious Metals (DNPWF) has a ROC (Joel Greenblatt) % of 32.38% 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 Dundee Precious Metals and its competitors. This is 24% above median its historical median of 26.10. According to the industry distribution chart, Dundee Precious Metals ranks #202 out of 2496 companies in the Metals & Mining industry, placing it in the top 8.1%.
Is Dundee Precious Metals' ROC (Joel Greenblatt) % too high?
Dundee Precious Metals' current ROC (Joel Greenblatt) % of 32.38% is 24% above median its 10-year median of 26.10. Based on the distribution chart, Dundee Precious Metals ranks #202 out of 2496 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Dundee Precious Metals has a GF Score™ of 78/100, reflecting its overall financial health beyond just this single metric.
How does Dundee Precious Metals' ROC (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Dundee Precious Metals ranks #202 out of 2496 companies for ROC (Joel Greenblatt) %. This places Dundee Precious Metals in the top 8% 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 Dundee Precious Metals and its competitors. Dundee Precious Metals's current ROC (Joel Greenblatt) % is 32.38%, which is 24% above median its own 10-year median of 26.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dundee Precious Metals stock overvalued right now?
Dundee Precious Metals (DNPWF) has a current ROC (Joel Greenblatt) % of 32.38%. The current ROC (Joel Greenblatt) % is 32.38%, which is 24% above median its 10-year median of 26.10. Dundee Precious Metals' overall GF Score™ is 78/100 with 2 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 Dundee Precious Metals (DNPWF), the current ROC (Joel Greenblatt) % is 32.38% 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.
DPM Metals Inc is an international mining company engaged in the acquisition, exploration, development, mining, and processing of precious metals. The company's projects include are located in Bulgaria, Ecuador, Serbia and Bosnia.
78GF Score
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