MMTIF (Micromem Technologies) ROC (Joel Greenblatt) %: -757.14% (As of Apr. 2026)


What is Micromem Technologies ROC (Joel Greenblatt) %?

Micromem Technologies MMTIF +3.11% ROC (Joel Greenblatt) % is -757.14% as of Apr. 2026. The stock has 4 warning signs investors should review. Among 1,025 Semiconductors companies, Micromem Technologies ranks worse than 99.12% 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. Micromem Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was -757.14%.

The historical rank and industry rank for Micromem Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:

MMTIF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -42172.22   Med: -3202.53   Max: 1896
Current: 353.4

During the past 13 years, Micromem Technologies's highest ROC (Joel Greenblatt) % was 1896.00%. The lowest was -42172.22%. And the median was -3202.53%.

MMTIF's ROC (Joel Greenblatt) % is ranked worse than
99.12% of 1025 companies
in the Semiconductors industry
Industry Median: 8.19 vs MMTIF: 353.40

Micromem Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Micromem Technologies  (OTCPK:MMTIF) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Micromem Technologies ROC (Joel Greenblatt) % Related Terms


Micromem Technologies ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Micromem 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.

Micromem Technologies ROC (Joel Greenblatt) % Chart

Micromem Technologies Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,741.33 -1,724.32 -4,619.75 -9,108.33 944.00

Micromem Technologies Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROC (Joel Greenblatt) % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -29,111.11 -6,280.85 6,389.33 -1,120.00 -757.14

MMTIF vs NVDA, AVGO, MU: ROC (Joel Greenblatt) % Comparison

For the Semiconductors subindustry, Micromem 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.


Micromem Technologies ROC (Joel Greenblatt) % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Micromem Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Micromem Technologies's ROC (Joel Greenblatt) % falls into.



Micromem 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.001) - (0.225 + 0.063 + 0.96)
=-1.247

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0.265 + 0.063 + 0.779)
=-1.107

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Micromem Technologies for the quarter that ended in Apr. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.212/( ( (0.03 + max(-1.247, 0)) + (0.026 + max(-1.107, 0)) )/ 2 )
=-0.212/( ( 0.03 + 0.026 )/ 2 )
=-0.212/0.028
=-757.14 %

Note: The EBIT data used here is four times the quarterly (Apr. 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 -757.14% mean?
Micromem Technologies (MMTIF) has a ROC (Joel Greenblatt) % of -757.14% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Micromem Technologies and its competitors. According to the industry distribution chart, Micromem Technologies ranks #1016 out of 1025 companies in the Semiconductors industry, placing it in the top 99.1%.
Is Micromem Technologies' ROC (Joel Greenblatt) % too high?
Micromem Technologies' current ROC (Joel Greenblatt) % is -757.14%. Based on the distribution chart, Micromem Technologies ranks #1016 out of 1025 companies in the Semiconductors industry, which is in the bottom quartile relative to peers.
How does Micromem Technologies' ROC (Joel Greenblatt) % compare to NVDA and AVGO?
According to the Semiconductors industry distribution chart, Micromem Technologies ranks #1016 out of 1025 companies for ROC (Joel Greenblatt) %. This places Micromem Technologies in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.19. 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 Semiconductors company?
The median ROC (Joel Greenblatt) % among Semiconductors companies is 8.19, based on 1,025 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 Micromem Technologies and its competitors. For the Semiconductors industry, the median ROC (Joel Greenblatt) % is 8.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Micromem Technologies's current ROC (Joel Greenblatt) % is -757.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micromem Technologies stock overvalued right now?
Micromem Technologies (MMTIF) has a current ROC (Joel Greenblatt) % of -757.14%. The current ROC (Joel Greenblatt) % is -757.14%. 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 Micromem Technologies (MMTIF), the current ROC (Joel Greenblatt) % is -757.14% as of Apr. 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.

Micromem Technologies Business Description

Other Exchanges MRM:Canada
Address 121 Richmond Street West, Suite 602, Toronto, ON, CAN, M5H 2K1
Micromem Technologies Inc develops, based upon proprietary technology, customized sensor applications for companies. The technology has a combination of superior sensitivity, robust structure, cost-effectiveness, and small size enabling a wide variety of applications within multiple industry sectors. Some of the sensors applications are Oil Sensor Solutions, Structural Integrity Sensors, Nanoparticle Detection Solutions and Energy Storage Solutions.