Mercantile Ports and LogisticsLSE:MPL +3.85% ROC (Joel Greenblatt) % is -18.98% as of Dec. 2025. The stock has 4 warning signs investors should review. Among 998 Transportation companies, Mercantile Ports and Logistics ranks worse than 93.89% 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. Mercantile Ports and Logistics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -18.98%.
The historical rank and industry rank for Mercantile Ports and Logistics's ROC (Joel Greenblatt) % or its related term are showing as below:
LSE:MPL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -23.52 Med: -3.07 Max: 0.46
Current: -23.52
During the past 13 years, Mercantile Ports and Logistics's highest ROC (Joel Greenblatt) % was 0.46%. The lowest was -23.52%. And the median was -3.07%.
LSE:MPL's ROC (Joel Greenblatt) % is ranked worse than 93.89% of 998
companies
in the Transportation industry
Industry Median: 11.695
vs LSE:MPL: -23.52
Mercantile Ports and Logistics (LSE:MPL) 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.
* 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.
Mercantile Ports and Logistics ROC (Joel Greenblatt) % Chart
LSE:MPL vs KEX: ROC (Joel Greenblatt) % Comparison
For the Marine Shipping subindustry, Mercantile Ports and Logistics'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.
Mercantile Ports and Logistics ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Mercantile Ports and Logistics's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mercantile Ports and Logistics's ROC (Joel Greenblatt) % falls into.
Mercantile Ports and Logistics 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 two times the semi-annual (Dec. 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 -18.98% mean?
Mercantile Ports and Logistics (LSE:MPL) has a ROC (Joel Greenblatt) % of -18.98% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Mercantile Ports and Logistics and its competitors. According to the industry distribution chart, Mercantile Ports and Logistics ranks #937 out of 998 companies in the Transportation industry, placing it in the top 93.9%.
Is Mercantile Ports and Logistics' ROC (Joel Greenblatt) % too high?
Mercantile Ports and Logistics' current ROC (Joel Greenblatt) % is -18.98%. Based on the distribution chart, Mercantile Ports and Logistics ranks #937 out of 998 companies in the Transportation industry, which is in the bottom quartile relative to peers.
How does Mercantile Ports and Logistics' ROC (Joel Greenblatt) % compare to KEX?
According to the Transportation industry distribution chart, Mercantile Ports and Logistics ranks #937 out of 998 companies for ROC (Joel Greenblatt) %. This places Mercantile Ports and Logistics in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.70. 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.70, based on 998 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 Mercantile Ports and Logistics and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercantile Ports and Logistics's current ROC (Joel Greenblatt) % is -18.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercantile Ports and Logistics stock overvalued right now?
Based on GuruFocus' analysis, Mercantile Ports and Logistics (LSE:MPL) is currently considered Significantly Overvalued. The stock's GF Value™ is £0.01, compared to a current price of £0.01 — trading 40% above its estimated fair value. The current ROC (Joel Greenblatt) % is -18.98%. 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 Mercantile Ports and Logistics (LSE:MPL), the current ROC (Joel Greenblatt) % is -18.98% as of Dec. 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.
Mercantile Ports and Logistics Business Description
Mercantile Ports and Logistics Ltd develops, owns, and operates port and logistics facilities. The site of the company's first project is at Karanja Creek in the Raigad district of Maharashtra, where it intends to develop and operate a modern and efficient port and logistics complex. At the Karanja port, the company focuses on mid-stream discharge and loading of cargo while vessels wait at anchorage for a berth in JNPT, and coastal movement of cargoes, such as containers, cement, and other break-bulk cargo, which typically ply in smaller vessels. The company has only one operating and geographic segment, being the project on hand in India. The company generates the majority of its revenue from lease income operations.
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