Industrias PenolesB de CVIPOAF -4.50%82 ROC (Joel Greenblatt) % is 92.06% as of Mar. 2026, which is 565% above its 10-year median of 13.85. GuruFocus rates IPOAF with a GF Scoreâ„¢ of 82/100 and a GF Valueâ„¢ of $29.13 (Significantly Overvalued). Among 2,499 Metals & Mining companies, Industrias PenolesB de CV ranks better than 95.24% 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. Industrias PenolesB de CV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 92.06%.
The historical rank and industry rank for Industrias PenolesB de CV's ROC (Joel Greenblatt) % or its related term are showing as below:
IPOAF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 2.01 Med: 13.85 Max: 55.2
Current: 55.2
During the past 13 years, Industrias PenolesB de CV's highest ROC (Joel Greenblatt) % was 55.20%. The lowest was 2.01%. And the median was 13.85%.
IPOAF's ROC (Joel Greenblatt) % is ranked better than 95.24% of 2499
companies
in the Metals & Mining industry
Industry Median: -22.09
vs IPOAF: 55.20
Industrias PenolesB de CV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 27.50% per year.
Industrias PenolesB de CV (OTCPK:IPOAF) 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.
Industrias PenolesB de CV ROC (Joel Greenblatt) % Related Terms
Industrias PenolesB de CV ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Industrias PenolesB de CV'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.
Industrias PenolesB de CV ROC (Joel Greenblatt) % Chart
Industrias PenolesB de CV ROC (Joel Greenblatt) % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Industrias PenolesB de CV'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.
Industrias PenolesB de CV ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Industrias PenolesB de CV's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Industrias PenolesB de CV's ROC (Joel Greenblatt) % falls into.
Industrias PenolesB de CV 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 (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 92.06% mean?
Industrias PenolesB de CV (IPOAF) has a ROC (Joel Greenblatt) % of 92.06% 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 Industrias PenolesB de CV and its competitors. This is 565% above median its historical median of 13.85. Over the past decade, Industrias PenolesB de CV's ROC (Joel Greenblatt) % has ranged from 2.01 to 55.20. According to the industry distribution chart, Industrias PenolesB de CV ranks #119 out of 2499 companies in the Metals & Mining industry, placing it in the top 4.8%.
Is Industrias PenolesB de CV's ROC (Joel Greenblatt) % too high?
Industrias PenolesB de CV's current ROC (Joel Greenblatt) % of 92.06% is 565% above median its 10-year median of 13.85. Over the past 10 years, this metric has ranged from a low of 2.01 to a high of 55.20. Based on the distribution chart, Industrias PenolesB de CV ranks #119 out of 2499 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Industrias PenolesB de CV has a GF Score™ of 82/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Industrias PenolesB de CV's ROC (Joel Greenblatt) % compare to competitors?
According to the Metals & Mining industry distribution chart, Industrias PenolesB de CV ranks #119 out of 2499 companies for ROC (Joel Greenblatt) %. This places Industrias PenolesB de CV in the top 5% of its industry — outperforming the majority of peers. Historically, Industrias PenolesB de CV's own ROC (Joel Greenblatt) % has ranged from 2.01 to 55.20 over the past decade. 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 Industrias PenolesB de CV and its competitors. Industrias PenolesB de CV's current ROC (Joel Greenblatt) % is 92.06%, which is 565% above median its own 10-year median of 13.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industrias PenolesB de CV stock overvalued right now?
Based on GuruFocus' analysis, Industrias PenolesB de CV (IPOAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $29.13, compared to a current price of $43.49 — trading 49.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 92.06%, which is 565% above median its 10-year median of 13.85. Industrias PenolesB de CV's overall GF Score™ is 82/100. 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 Industrias PenolesB de CV (IPOAF), the current ROC (Joel Greenblatt) % is 92.06% 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.
Is Industrias PenolesB de CV (IPOAF) Overvalued in 2026?
Based on GuruFocus' analysis, Industrias PenolesB de CV stock appears to be overvalued.
The current stock price of $43.49 is trading 49.3% above its estimated GF Value™ of $29.13.
GuruFocus considers Industrias PenolesB de CV to be Significantly Overvalued.
Key valuation signals for IPOAF:
ROC (Joel Greenblatt) %: 92.06% (565% above median its 10-year median of 13.85)
GF Value™: $29.13 vs. price of $43.49 (49.3% above fair value)
No single metric tells the full story. See the IPOAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Industrias Penoles SAB de CV engages in the exploration, extraction, and sale of mineral concentrates and ores in Mexico, Europe, Asia, North America, South America, and internationally. It operates through Precious Metal, Base Metal, Metallurgical, and Other segments. The company is also involved in the smelting and refining of non-ferrous metals. It explores zinc, copper, gold, silver, bismuth deposits, and Others.
82GF Score
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