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Namib MineralsNAMM -1.28%20 ROC (Joel Greenblatt) % is 514.46% as of Dec. 2025, which is 1280% above its 10-year median of 37.28. GuruFocus rates NAMM with a GF Score™ of 20/100. The stock has 4 warning signs investors should review. Among 2,502 Metals & Mining companies, Namib Minerals ranks better than 98.76% 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. Namib Minerals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 514.46%.
The historical rank and industry rank for Namib Minerals's ROC (Joel Greenblatt) % or its related term are showing as below:
NAMM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 30.04 Med: 37.28 Max: 249.68
Current: 248.06
During the past 4 years, Namib Minerals's highest ROC (Joel Greenblatt) % was 249.68%. The lowest was 30.04%. And the median was 37.28%.
NAMM's ROC (Joel Greenblatt) % is ranked better than 98.76% of 2502
companies
in the Metals & Mining industry
Industry Median: -22.105
vs NAMM: 248.06
Namib Minerals'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.
Namib Minerals ROC (Joel Greenblatt) % Related Terms
Namib Minerals ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Namib Minerals'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.
NAMM vs PZG, BSAI, FTCO: ROC (Joel Greenblatt) % Comparison
For the Gold subindustry, Namib Minerals'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.
Namib Minerals ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Namib Minerals's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Namib Minerals'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 514.46% mean?
Namib Minerals (NAMM) has a ROC (Joel Greenblatt) % of 514.46% 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 Namib Minerals and its competitors. This is 1280% above median its historical median of 37.28. Over the past decade, Namib Minerals' ROC (Joel Greenblatt) % has ranged from 30.04 to 249.68. According to the industry distribution chart, Namib Minerals ranks #31 out of 2502 companies in the Metals & Mining industry, placing it in the top 1.2%.
Is Namib Minerals' ROC (Joel Greenblatt) % too high?
Namib Minerals' current ROC (Joel Greenblatt) % of 514.46% is 1280% above median its 10-year median of 37.28. Over the past 10 years, this metric has ranged from a low of 30.04 to a high of 249.68. Based on the distribution chart, Namib Minerals ranks #31 out of 2502 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Namib Minerals has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Namib Minerals' ROC (Joel Greenblatt) % compare to PZG and BSAI?
According to the Metals & Mining industry distribution chart, Namib Minerals ranks #31 out of 2502 companies for ROC (Joel Greenblatt) %. This places Namib Minerals in the top 1% of its industry — outperforming the majority of peers. Historically, Namib Minerals' own ROC (Joel Greenblatt) % has ranged from 30.04 to 249.68 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 Namib Minerals and its competitors. Namib Minerals's current ROC (Joel Greenblatt) % is 514.46%, which is 1280% above median its own 10-year median of 37.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Namib Minerals stock overvalued right now?
Namib Minerals (NAMM) has a current ROC (Joel Greenblatt) % of 514.46%. The current ROC (Joel Greenblatt) % is 514.46%, which is 1280% above median its 10-year median of 37.28. Namib Minerals' overall GF Score™ is 20/100 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 Namib Minerals (NAMM), the current ROC (Joel Greenblatt) % is 514.46% 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.
Namib Minerals is a Pan-African multi-asset mining platform for precious and critical metals, particularly gold. The company is an established gold producer with an attractive portfolio of three gold mines in Zimbabwe, Africa. Its gold mines include How Mine, Mazowe Mine, and Redwing Mine. Its segments include the How Mine, the Mazowe Mine, and the Redwing Mine, and Others.
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