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 Sierra Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -5,894.74%.
The historical rank and industry rank for High Sierra Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:
HSTI'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1684.21 Med: -261.04 Max: -179.79
Current: -1684.21
During the past 13 years, High Sierra Technologies's highest ROC (Joel Greenblatt) % was -179.79%. The lowest was -1684.21%. And the median was -261.04%.
HSTI's ROC (Joel Greenblatt) % is not ranked
in the Drug Manufacturers industry.
Industry Median: 11.495
vs HSTI: -1684.21
High Sierra Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
High Sierra Technologies (OTCPK:HSTI) 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 Sierra Technologies ROC (Joel Greenblatt) % Related Terms
High Sierra Technologies ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for High Sierra Technologies'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.
High Sierra Technologies ROC (Joel Greenblatt) % Chart
HSTI vs HYEX, APUS, INIS: ROC (Joel Greenblatt) % Comparison
For the Drug Manufacturers - Specialty & Generic subindustry, High Sierra Technologies'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 Sierra Technologies ROC (Joel Greenblatt) % vs Drug Manufacturers Industry
For the Drug Manufacturers industry and Healthcare sector, High Sierra Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where High Sierra Technologies's ROC (Joel Greenblatt) % falls into.
High Sierra Technologies 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 four times the quarterly (Sep. 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 -5,894.74% mean?
High Sierra Technologies (HSTI) has a ROC (Joel Greenblatt) % of -5,894.74% as of Sep. 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 Sierra Technologies and its competitors.
Is High Sierra Technologies' ROC (Joel Greenblatt) % too high?
High Sierra Technologies' current ROC (Joel Greenblatt) % is -5,894.74%. Overall, High Sierra Technologies has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does High Sierra Technologies' ROC (Joel Greenblatt) % compare to HYEX and APUS?
High Sierra Technologies' ROC (Joel Greenblatt) % of -5,894.74% can be compared against companies in the Drug Manufacturers industry. The industry median ROC (Joel Greenblatt) % is 11.50. 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 Drug Manufacturers company?
The median ROC (Joel Greenblatt) % among Drug Manufacturers companies is 11.50, based on 978 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 Sierra Technologies and its competitors. For the Drug Manufacturers industry, the median ROC (Joel Greenblatt) % is 11.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. High Sierra Technologies's current ROC (Joel Greenblatt) % is -5,894.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is High Sierra Technologies stock overvalued right now?
High Sierra Technologies (HSTI) has a current ROC (Joel Greenblatt) % of -5,894.74%. The current ROC (Joel Greenblatt) % is -5,894.74%. High Sierra Technologies' overall GF Score™ is 18/100 with 4 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 High Sierra Technologies (HSTI), the current ROC (Joel Greenblatt) % is -5,894.74% as of Sep. 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 Sierra Technologies Inc is a start-up that develops and expands its intellectual property portfolio with an emphasis on the recreational cannabis industry as well as the industrial hemp industry. The company owns two provisional patent applications for producing new and novel cannabis products including low odor cannabis for smoking or as the starting materials for producing low odor cannabis products or flavored cannabis products.
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