Luca MiningLUCMF +0.96%41 ROC (Joel Greenblatt) % is 50.42% as of Mar. 2026. GuruFocus rates LUCMF with a GF Score™ of 41/100 and a GF Value™ of $0.73 (Fairly Valued). The stock has 3 warning signs investors should review. Among 2,502 Metals & Mining companies, Luca Mining ranks better than 71.22% 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. Luca Mining's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 50.42%.
The historical rank and industry rank for Luca Mining's ROC (Joel Greenblatt) % or its related term are showing as below:
LUCMF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -150.56 Med: -10.5 Max: 68.77
Current: -3.52
During the past 13 years, Luca Mining's highest ROC (Joel Greenblatt) % was 68.77%. The lowest was -150.56%. And the median was -10.50%.
LUCMF's ROC (Joel Greenblatt) % is ranked better than 71.22% of 2502
companies
in the Metals & Mining industry
Industry Median: -22.105
vs LUCMF: -3.52
Luca Mining's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Luca Mining ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Luca Mining'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.
For the Other Industrial Metals & Mining subindustry, Luca Mining'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.
Luca Mining ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Luca Mining's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Luca Mining'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 50.42% mean?
Luca Mining (LUCMF) has a ROC (Joel Greenblatt) % of 50.42% 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 Luca Mining and its competitors. According to the industry distribution chart, Luca Mining ranks #720 out of 2502 companies in the Metals & Mining industry, placing it in the top 28.8%.
Is Luca Mining's ROC (Joel Greenblatt) % too high?
Luca Mining's current ROC (Joel Greenblatt) % is 50.42%. Based on the distribution chart, Luca Mining ranks #720 out of 2502 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Luca Mining has a GF Score™ of 41/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Luca Mining's ROC (Joel Greenblatt) % compare to competitors?
According to the Metals & Mining industry distribution chart, Luca Mining ranks #720 out of 2502 companies for ROC (Joel Greenblatt) %. This puts Luca Mining 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 Luca Mining and its competitors. Luca Mining's current ROC (Joel Greenblatt) % is 50.42%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Luca Mining stock overvalued right now?
Based on GuruFocus' analysis, Luca Mining (LUCMF) is currently considered Fairly Valued. The stock's GF Value™ is $0.73, compared to a current price of $0.71 — trading 3.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 50.42%. Luca Mining's overall GF Score™ is 41/100 with 3 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 Luca Mining (LUCMF), the current ROC (Joel Greenblatt) % is 50.42% 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 Luca Mining (LUCMF) Overvalued in 2026?
Based on GuruFocus' analysis, Luca Mining stock appears to be undervalued.
The current stock price of $0.71 is trading 3.2% below its estimated GF Value™ of $0.73.
GuruFocus considers Luca Mining to be Fairly Valued.
Key valuation signals for LUCMF:
ROC (Joel Greenblatt) %: 50.42%
GF Value™: $0.73 vs. price of $0.71 (3.2% below fair value)
No single metric tells the full story. See the LUCMF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Luca Mining Corp is a Canadian-based mining company engages in the production of base metals and the acquisition, exploration and development of resource properties in Mexico. The company is engaged in mining, exploration, and development of mineral properties in Mexico with a corporate head office of Canada and Mexico and two reportable operating segments namely: Campo Morado, which derives maximum revenue; and Tahuehueto. Campo Morado is a polymetallic underground operation located in the state of Guerrero, Mexico. Tahuehueto is a hectare property covering mineralized zones hosted within a structurally controlled epithermal system.
41GF Score
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