GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hercules Metals Corp (STU:C0X) » Definitions » ROC (Joel Greenblatt) %

Hercules Metals (STU:C0X) ROC (Joel Greenblatt) % : -3,594.45% (As of Sep. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Hercules Metals ROC (Joel Greenblatt) %?

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. Hercules Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was -3,594.45%.

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

STU:C0X' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -28191.18   Med: -28191.18   Max: -3360.73
Current: -3360.73

During the past 5 years, Hercules Metals's highest ROC (Joel Greenblatt) % was -3360.73%. The lowest was -28191.18%. And the median was -28191.18%.

STU:C0X's ROC (Joel Greenblatt) % is ranked worse than
95.78% of 2509 companies
in the Metals & Mining industry
Industry Median: -21.18 vs STU:C0X: -3360.73

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


Hercules Metals ROC (Joel Greenblatt) % Historical Data

The historical data trend for Hercules Metals'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.

* Premium members only.

Hercules Metals ROC (Joel Greenblatt) % Chart

Hercules Metals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
ROC (Joel Greenblatt) %
- - - - -28,482.61

Hercules Metals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -44,846.15 -38,155.10 -1,184.64 -2,604.60 -3,594.45

Competitive Comparison of Hercules Metals's ROC (Joel Greenblatt) %

For the Silver subindustry, Hercules Metals'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.


Hercules Metals's ROC (Joel Greenblatt) % Distribution in the Metals & Mining Industry

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

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


;
;

Hercules Metals 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: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.223) - (1.909 + 0 + 0)
=-1.686

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0.165) - (1.862 + 0 + 0)
=-1.697

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Hercules Metals for the quarter that ended in Sep. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-23.328/( ( (0.669 + max(-1.686, 0)) + (0.629 + max(-1.697, 0)) )/ 2 )
=-23.328/( ( 0.669 + 0.629 )/ 2 )
=-23.328/0.649
=-3,594.45 %

Note: The EBIT data used here is four times the quarterly (Sep. 2024) 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.


Hercules Metals  (STU:C0X) 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.


Hercules Metals ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Hercules Metals's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Hercules Metals Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 1600, 1 First Canadian Place, Toronto, ON, CAN, M5X 1G5
Hercules Metals Corp, formerly Hercules Silver Corp is a junior mining company focused on the exploration and development of the Hercules Silver Project, northwest of Cambridge, Idaho. The company is focused on the exploration and development of a large-scale disseminated silver-lead-zinc system at Hercules with over 28,000 meters of historical drilling and a newly discovered copper porphyry target which adds scale and discovery potential to the system.

Hercules Metals Headlines

No Headlines