ELRRF (Eloro Resources) ROC (Joel Greenblatt) %: -11.17% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ELRRF Eloro Resources Ltd ELRRF
34 GF Score
Price $1.19
! 1 Warning Sign
View Full Analysis

What is Eloro Resources ROC (Joel Greenblatt) %?

Eloro Resources ELRRF +1.71% 34 ROC (Joel Greenblatt) % is -11.17% as of Mar. 2026. GuruFocus rates ELRRF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 2,504 Metals & Mining companies, Eloro Resources ranks better than 57.87% 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. Eloro Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -11.17%.

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

ELRRF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -65.57   Med: -25.81   Max: -6.74
Current: -13.03

During the past 13 years, Eloro Resources's highest ROC (Joel Greenblatt) % was -6.74%. The lowest was -65.57%. And the median was -25.81%.

ELRRF's ROC (Joel Greenblatt) % is ranked better than
57.87% of 2504 companies
in the Metals & Mining industry
Industry Median: -22.13 vs ELRRF: -13.03

Eloro Resources's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 30.70% per year.


Eloro Resources  (OTCPK:ELRRF) 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.


Eloro Resources ROC (Joel Greenblatt) % Related Terms


Eloro Resources ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Eloro 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.

Eloro Resources ROC (Joel Greenblatt) % Chart

Eloro Resources Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -38.83 -20.63 -33.59 -6.55 -13.26

Eloro Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -6.87 -22.22 -13.92 -6.08 -11.17

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

For the Gold subindustry, Eloro 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.


Eloro Resources ROC (Joel Greenblatt) % vs Metals & Mining Industry

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

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


ELRRF
34GF Score
Eloro Resources Ltd ELRRF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eloro Resources 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.09 + 0 + 0.539) - (1.463 + 0 + -2.2204460492503E-16)
=-0.834

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.096 + 0 + 0.358) - (1.171 + 0 + 0.00099999999999989)
=-0.718

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Eloro Resources for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-5.26/( ( (45.983 + max(-0.834, 0)) + (48.17 + max(-0.718, 0)) )/ 2 )
=-5.26/( ( 45.983 + 48.17 )/ 2 )
=-5.26/47.0765
=-11.17 %

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 -11.17% mean?
Eloro Resources (ELRRF) has a ROC (Joel Greenblatt) % of -11.17% 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 Eloro Resources and its competitors. According to the industry distribution chart, Eloro Resources ranks #1055 out of 2504 companies in the Metals & Mining industry, placing it in the top 42.1%.
Is Eloro Resources' ROC (Joel Greenblatt) % too high?
Eloro Resources' current ROC (Joel Greenblatt) % is -11.17%. Based on the distribution chart, Eloro Resources ranks #1055 out of 2504 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Eloro Resources has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Eloro Resources' ROC (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eloro Resources ranks #1055 out of 2504 companies for ROC (Joel Greenblatt) %. This puts Eloro Resources in the upper 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 Eloro Resources and its competitors. Eloro Resources's current ROC (Joel Greenblatt) % is -11.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eloro Resources stock overvalued right now?
Eloro Resources (ELRRF) has a current ROC (Joel Greenblatt) % of -11.17%. The current ROC (Joel Greenblatt) % is -11.17%. Eloro Resources' overall GF Score™ is 34/100 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 Eloro Resources (ELRRF), the current ROC (Joel Greenblatt) % is -11.17% 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.

Eloro Resources Business Description

Other Exchanges P2QM:GermanyELO:Canada
Address 20 Adelaide Street East, Suite 200, Toronto, ON, CAN, M5C 2T6
Eloro Resources Ltd is an exploration and mine development company with a portfolio of gold-silver properties in Peru, a polymetallic property in Bolivia, and base metal properties in Quebec. The company has an option to acquire a ninety-nine percent interest in the Iska Iska Property located in southern Bolivia, and owns an eighty-two percent interest in the La Victoria Gold/Silver Project located in the North-Central Mineral Belt of Peru. It has one reportable segment, which is mineral exploration.
34GF Score

Get the complete analysis for ELRRF

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

$1.19
Price