NGTF (NightFood Holdings) ROC (Joel Greenblatt) %: -53.97% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is NightFood Holdings ROC (Joel Greenblatt) %?

NightFood Holdings NGTF +7.69% ROC (Joel Greenblatt) % is -53.97% as of Mar. 2026. The stock has 5 warning signs investors should review. Among 3,065 Industrial Products companies, NightFood Holdings ranks worse than 94.81% 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. NightFood Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -53.97%.

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

NGTF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3505.88   Med: -1815.77   Max: -85.35
Current: -85.35

During the past 13 years, NightFood Holdings's highest ROC (Joel Greenblatt) % was -85.35%. The lowest was -3505.88%. And the median was -1815.77%.

NGTF's ROC (Joel Greenblatt) % is ranked worse than
94.81% of 3065 companies
in the Industrial Products industry
Industry Median: 11.68 vs NGTF: -85.35

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


NightFood Holdings  (OTCPK:NGTF) 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.


NightFood Holdings ROC (Joel Greenblatt) % Related Terms


NightFood Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for NightFood Holdings'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.

NightFood Holdings ROC (Joel Greenblatt) % Chart

NightFood Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3,505.88 -971.79 -738.60 0.00 -2,659.75

NightFood Holdings 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 -12,877.04 -9,000.00 -99.33 -42.51 -53.97

NGTF vs WFF, AUSI, CETY: ROC (Joel Greenblatt) % Comparison

For the Specialty Industrial Machinery subindustry, NightFood Holdings'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.


NightFood Holdings ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, NightFood Holdings's ROC (Joel Greenblatt) % distribution charts can be found below:

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



NightFood Holdings 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)
=(0.161 + 0.438 + 0.705) - (7.369 + 0.548 + 3.635)
=-10.248

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.26 + 0.385 + 0.506) - (8.437 + 0.574 + 4.893)
=-12.753

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of NightFood Holdings 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 )
=-13.852/( ( (26.033 + max(-10.248, 0)) + (25.3 + max(-12.753, 0)) )/ 2 )
=-13.852/( ( 26.033 + 25.3 )/ 2 )
=-13.852/25.6665
=-53.97 %

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 -53.97% mean?
NightFood Holdings (NGTF) has a ROC (Joel Greenblatt) % of -53.97% 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 NightFood Holdings and its competitors. According to the industry distribution chart, NightFood Holdings ranks #2906 out of 3065 companies in the Industrial Products industry, placing it in the top 94.8%.
Is NightFood Holdings' ROC (Joel Greenblatt) % too high?
NightFood Holdings' current ROC (Joel Greenblatt) % is -53.97%. Based on the distribution chart, NightFood Holdings ranks #2906 out of 3065 companies in the Industrial Products industry, which is in the bottom quartile relative to peers.
How does NightFood Holdings' ROC (Joel Greenblatt) % compare to WFF and AUSI?
According to the Industrial Products industry distribution chart, NightFood Holdings ranks #2906 out of 3065 companies for ROC (Joel Greenblatt) %. This places NightFood Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.68. 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 an Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.68, based on 3,065 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 NightFood Holdings and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NightFood Holdings's current ROC (Joel Greenblatt) % is -53.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NightFood Holdings stock overvalued right now?
NightFood Holdings (NGTF) has a current ROC (Joel Greenblatt) % of -53.97%. The current ROC (Joel Greenblatt) % is -53.97%. 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 NightFood Holdings (NGTF), the current ROC (Joel Greenblatt) % is -53.97% 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.

NightFood Holdings Business Description

Address 13501 South Main Street, Los Angeles, CA, USA, 90016
NightFood Holdings Inc operates as a food service and hospitality technology and asset acquisition company. The Company's activities are focused on the integration of AI-powered service robotics and the ownership and operation of hospitality-related real estate. It is organized into two business segments: Robotics-as-a-Service (RaaS) expects to develop and provide automation solutions intended to improve efficiency and reduce labor demands in food service and hospitality environments, with an emphasis on tasks that are labor-intensive or repetitive; Hospitality Asset Ownership plans to acquire, own, and operate hotel properties. These assets may also serve as deployment sites for the Company's automation technologies, where operational efficiencies may be evaluated and implemented.