Polyus PJSCMIC:PLZL -26.42%100 ROC (Joel Greenblatt) % is 64.72% as of Dec. 2025, which is 17% above its 10-year median of 55.41. GuruFocus rates MIC:PLZL with a GF Score™ of 100/100 and a GF Value™ of ₽23,769.41 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,498 Metals & Mining companies, Polyus PJSC ranks better than 96.56% 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. Polyus PJSC's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 64.72%.
The historical rank and industry rank for Polyus PJSC's ROC (Joel Greenblatt) % or its related term are showing as below:
MIC:PLZL'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 22.87 Med: 55.41 Max: 90.59
Current: 69.64
During the past 12 years, Polyus PJSC's highest ROC (Joel Greenblatt) % was 90.59%. The lowest was 22.87%. And the median was 55.41%.
MIC:PLZL's ROC (Joel Greenblatt) % is ranked better than 96.56% of 2498
companies
in the Metals & Mining industry
Industry Median: -22.435
vs MIC:PLZL: 69.64
Polyus PJSC's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.60% 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.
Polyus PJSC ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Polyus PJSC'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.
MIC:PLZL vs NEM, AU, RGLD: ROC (Joel Greenblatt) % Comparison
For the Gold subindustry, Polyus PJSC'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.
Polyus PJSC ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Polyus PJSC's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Polyus PJSC'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 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 64.72% mean?
Polyus PJSC (MIC:PLZL) has a ROC (Joel Greenblatt) % of 64.72% 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 Polyus PJSC and its competitors. This is 17% above median its historical median of 55.41. Over the past decade, Polyus PJSC's ROC (Joel Greenblatt) % has ranged from 22.87 to 90.59. According to the industry distribution chart, Polyus PJSC ranks #86 out of 2498 companies in the Metals & Mining industry, placing it in the top 3.4%.
Is Polyus PJSC's ROC (Joel Greenblatt) % too high?
Polyus PJSC's current ROC (Joel Greenblatt) % of 64.72% is 17% above median its 10-year median of 55.41. Over the past 10 years, this metric has ranged from a low of 22.87 to a high of 90.59. Based on the distribution chart, Polyus PJSC ranks #86 out of 2498 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Polyus PJSC has a GF Score™ of 100/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Polyus PJSC's ROC (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Polyus PJSC ranks #86 out of 2498 companies for ROC (Joel Greenblatt) %. This places Polyus PJSC in the top 3% of its industry — outperforming the majority of peers. Historically, Polyus PJSC's own ROC (Joel Greenblatt) % has ranged from 22.87 to 90.59 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 Polyus PJSC and its competitors. Polyus PJSC's current ROC (Joel Greenblatt) % is 64.72%, which is 17% above median its own 10-year median of 55.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polyus PJSC stock overvalued right now?
Based on GuruFocus' analysis, Polyus PJSC (MIC:PLZL) is currently considered Significantly Undervalued. The stock's GF Value™ is ₽23,769.41, compared to a current price of ₽1,345.00 — trading 94.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 64.72%, which is 17% above median its 10-year median of 55.41. Polyus PJSC's overall GF Score™ is 100/100 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 Polyus PJSC (MIC:PLZL), the current ROC (Joel Greenblatt) % is 64.72% 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.
Is Polyus PJSC (MIC:PLZL) Overvalued in 2026?
Based on GuruFocus' analysis, Polyus PJSC stock appears to be undervalued.
The current stock price of ₽1,345.00 is trading 94.3% below its estimated GF Value™ of ₽23,769.41.
GuruFocus considers Polyus PJSC to be Significantly Undervalued.
Key valuation signals for MIC:PLZL:
ROC (Joel Greenblatt) %: 64.72% (17% above median its 10-year median of 55.41)
GF Value™: ₽23,769.41 vs. price of ₽1,345.00 (94.3% below fair value)
No single metric tells the full story. See the MIC:PLZL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polyus PJSC and its subsidiaries are engaged in the extraction, refining, and sale of gold. The mining and processing facilities of the company are in the Krasnoyarsk, Irkutsk, Magadan regions, and the Sakha Republic of the Russian Federation. The operating business segments are the Olimpiada business unit, the Blagodatnoye business unit, the Natalka business unit, the Verninskoye business unit, the Kuranakh business unit, the Exploration business unit, the Sukhoi Log business unit, and others.
100GF Score
Get the complete analysis for MIC:PLZL
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MIC:PLZL has been successfully added to your 
