NATBF (NatBridge Resources) ROC (Joel Greenblatt) %: -219.94% (As of Mar. 2026)


NATBF NatBridge Resources Ltd NATBF
12 GF Score
Price $0.41
! 2 Warning Signs
View Full Analysis

What is NatBridge Resources ROC (Joel Greenblatt) %?

NatBridge Resources NATBF +5.81% 12 ROC (Joel Greenblatt) % is -219.94% as of Mar. 2026. GuruFocus rates NATBF with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 2,498 Metals & Mining companies, NatBridge Resources ranks worse than 91.51% 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. NatBridge Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -219.94%.

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

NATBF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2275.73   Med: -76.98   Max: -1.43
Current: -1126.12

During the past 5 years, NatBridge Resources's highest ROC (Joel Greenblatt) % was -1.43%. The lowest was -2275.73%. And the median was -76.98%.

NATBF's ROC (Joel Greenblatt) % is ranked worse than
91.51% of 2498 companies
in the Metals & Mining industry
Industry Median: -22.435 vs NATBF: -1126.12

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


NatBridge Resources  (OTCPK:NATBF) 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.


NatBridge Resources ROC (Joel Greenblatt) % Related Terms


NatBridge Resources ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for NatBridge Resources'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.

NatBridge Resources ROC (Joel Greenblatt) % Chart

NatBridge Resources Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
-1.75 -75.00 -55.63 -841.58 -2,286.67

NatBridge Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -1,802.02 -2,098.20 -4,036.53 -882.44 -219.94

NATBF vs ATCX, BLTH, MTWO: ROC (Joel Greenblatt) % Comparison

For the Other Industrial Metals & Mining subindustry, NatBridge Resources'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.


NatBridge Resources ROC (Joel Greenblatt) % vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, NatBridge Resources's ROC (Joel Greenblatt) % distribution charts can be found below:

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


NATBF
12GF Score
NatBridge Resources Ltd NATBF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NatBridge Resources 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.025 + 0 + -0.00099999999999997) - (0.308 + 0 + 0.0020000000000001)
=-0.286

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.027 + 0 + 0) - (0.453 + 0 + 0.0019999999999999)
=-0.428

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of NatBridge Resources for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.728/( ( (0.283 + max(-0.286, 0)) + (0.379 + max(-0.428, 0)) )/ 2 )
=-0.728/( ( 0.283 + 0.379 )/ 2 )
=-0.728/0.331
=-219.94 %

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 -219.94% mean?
NatBridge Resources (NATBF) has a ROC (Joel Greenblatt) % of -219.94% 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 NatBridge Resources and its competitors. According to the industry distribution chart, NatBridge Resources ranks #2286 out of 2498 companies in the Metals & Mining industry, placing it in the top 91.5%.
Is NatBridge Resources' ROC (Joel Greenblatt) % too high?
NatBridge Resources' current ROC (Joel Greenblatt) % is -219.94%. Based on the distribution chart, NatBridge Resources ranks #2286 out of 2498 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, NatBridge Resources has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does NatBridge Resources' ROC (Joel Greenblatt) % compare to ATCX and BLTH?
According to the Metals & Mining industry distribution chart, NatBridge Resources ranks #2286 out of 2498 companies for ROC (Joel Greenblatt) %. This places NatBridge Resources in the lower 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 NatBridge Resources and its competitors. NatBridge Resources's current ROC (Joel Greenblatt) % is -219.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NatBridge Resources stock overvalued right now?
NatBridge Resources (NATBF) has a current ROC (Joel Greenblatt) % of -219.94%. The current ROC (Joel Greenblatt) % is -219.94%. NatBridge Resources' overall GF Score™ is 12/100 with 2 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 NatBridge Resources (NATBF), the current ROC (Joel Greenblatt) % is -219.94% 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.

NatBridge Resources Business Description

Address 3292 Production Way, Suite 501, Burnaby, BC, CAN, V5A 4R4
NatBridge Resources Ltd is engaged in the acquisition and exploration of mineral properties in British Columbia, Canada. It holds a 100% interest in the LeMare property, consisting of approximately twelve mineral claims, located on Port Alice in the Nanaimo Mining Division of British Columbia.
12GF Score

Get the complete analysis for NATBF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.41
Price