Ramelius ResourcesRMLRF 76 ROC (Joel Greenblatt) % is 3.91% as of Dec. 2025, which is 88% below its 10-year median of 32.45. GuruFocus rates RMLRF with a GF Score™ of 76/100 and a GF Value™ of $1.13 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,499 Metals & Mining companies, Ramelius Resources ranks better than 89.48% 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. Ramelius Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.91%.
The historical rank and industry rank for Ramelius Resources's ROC (Joel Greenblatt) % or its related term are showing as below:
RMLRF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.25 Med: 32.45 Max: 77.94
Current: 26.77
During the past 13 years, Ramelius Resources's highest ROC (Joel Greenblatt) % was 77.94%. The lowest was 4.25%. And the median was 32.45%.
RMLRF's ROC (Joel Greenblatt) % is ranked better than 89.48% of 2499
companies
in the Metals & Mining industry
Industry Median: -22.09
vs RMLRF: 26.77
Ramelius Resources's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 12.90% 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.
Ramelius Resources ROC (Joel Greenblatt) % Related Terms
Ramelius Resources ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Ramelius 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.
RMLRF vs NEM, AU: ROC (Joel Greenblatt) % Comparison
For the Gold subindustry, Ramelius 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.
Ramelius Resources ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ramelius Resources's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ramelius Resources'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 3.91% mean?
Ramelius Resources (RMLRF) has a ROC (Joel Greenblatt) % of 3.91% 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 Ramelius Resources and its competitors. This is 88% below median its historical median of 32.45. Over the past decade, Ramelius Resources' ROC (Joel Greenblatt) % has ranged from 4.25 to 77.94. According to the industry distribution chart, Ramelius Resources ranks #263 out of 2499 companies in the Metals & Mining industry, placing it in the top 10.5%.
Is Ramelius Resources' ROC (Joel Greenblatt) % too high?
Ramelius Resources' current ROC (Joel Greenblatt) % of 3.91% is 88% below median its 10-year median of 32.45. Over the past 10 years, this metric has ranged from a low of 4.25 to a high of 77.94. Based on the distribution chart, Ramelius Resources ranks #263 out of 2499 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Ramelius Resources has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ramelius Resources' ROC (Joel Greenblatt) % compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Ramelius Resources ranks #263 out of 2499 companies for ROC (Joel Greenblatt) %. This places Ramelius Resources in the top 11% of its industry — outperforming the majority of peers. Historically, Ramelius Resources' own ROC (Joel Greenblatt) % has ranged from 4.25 to 77.94 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 Ramelius Resources and its competitors. Ramelius Resources's current ROC (Joel Greenblatt) % is 3.91%, which is 88% below median its own 10-year median of 32.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ramelius Resources stock overvalued right now?
Based on GuruFocus' analysis, Ramelius Resources (RMLRF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.13, compared to a current price of $2.05 — trading 81.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 3.91%, which is 88% below median its 10-year median of 32.45. Ramelius Resources' overall GF Score™ is 76/100 with 3 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 Ramelius Resources (RMLRF), the current ROC (Joel Greenblatt) % is 3.91% 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 Ramelius Resources (RMLRF) Overvalued in 2026?
Based on GuruFocus' analysis, Ramelius Resources stock appears to be overvalued.
The current stock price of $2.05 is trading 81.4% above its estimated GF Value™ of $1.13.
GuruFocus considers Ramelius Resources to be Significantly Overvalued.
Key valuation signals for RMLRF:
ROC (Joel Greenblatt) %: 3.91% (88% below median its 10-year median of 32.45)
GF Value™: $1.13 vs. price of $2.05 (81.4% above fair value)
No single metric tells the full story. See the RMLRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ramelius Resources Ltd is a gold exploration and production company with exploration activities focused in Western Australia. The company also explores for base metals. The company has three segments: Mt Magnet, involving mining and processing of gold from the Mt Magnet region including the Penny and Cue Gold Mines; Edna May, involving mining and processing of gold from the Edna May region including the Marda, Tampia, and Symes Gold Mines; and Exploration, which covers exploration and evaluation of gold mineralization, notably the Rebecca-Roe projects. The company generates the majority of its revenue from the Mt Magnet segment.
76GF Score
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