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Gran Tierra Energy (STU:G1P0) ROC (Joel Greenblatt) % : -0.60% (As of Dec. 2024)


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What is Gran Tierra Energy 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. Gran Tierra Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -0.60%.

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

STU:G1P0' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -69.17   Med: 8.13   Max: 27.46
Current: 9.26

During the past 13 years, Gran Tierra Energy's highest ROC (Joel Greenblatt) % was 27.46%. The lowest was -69.17%. And the median was 8.13%.

STU:G1P0's ROC (Joel Greenblatt) % is ranked better than
51.13% of 1015 companies
in the Oil & Gas industry
Industry Median: 8.68 vs STU:G1P0: 9.26

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


Gran Tierra Energy ROC (Joel Greenblatt) % Historical Data

The historical data trend for Gran Tierra Energy'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.

Gran Tierra Energy ROC (Joel Greenblatt) % Chart

Gran Tierra Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -59.66 7.79 28.30 13.72 8.90

Gran Tierra Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 9.90 11.30 14.85 13.08 -0.60

Competitive Comparison of Gran Tierra Energy's ROC (Joel Greenblatt) %

For the Oil & Gas E&P subindustry, Gran Tierra Energy'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.


Gran Tierra Energy's ROC (Joel Greenblatt) % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Gran Tierra Energy's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Gran Tierra Energy's ROC (Joel Greenblatt) % falls into.


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Gran Tierra Energy 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: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.266 + 29.756 + 3.558) - (209.736 + 0 + 5.359)
=-168.515

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.426 + 41.176 + 10.697) - (248.791 + 5.325 + 15.536)
=-204.353

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Gran Tierra Energy for the quarter that ended in Dec. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-7.264/( ( (1047.427 + max(-168.515, 0)) + (1359.09 + max(-204.353, 0)) )/ 2 )
=-7.264/( ( 1047.427 + 1359.09 )/ 2 )
=-7.264/1203.2585
=-0.60 %

Note: The EBIT data used here is four times the quarterly (Dec. 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.


Gran Tierra Energy  (STU:G1P0) 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.


Gran Tierra Energy ROC (Joel Greenblatt) % Related Terms

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Gran Tierra Energy Business Description

Traded in Other Exchanges
Address
500 Centre Street S.E, Calgary, AB, CAN, T2G 1A6
Gran Tierra Energy Inc is an independent energy company. The company, along with its subsidiaries, is focused on oil and gas exploration and production, with assets in Colombia, Canada, and Ecuador. It produces oil, natural gas, and natural gas liquids. Gran Tierra has assembled a diversified, high-quality asset base that is fully operated in Colombia and Ecuador and partly in Canada. The company operates various blocks in Colombia and Ecuador, spanning three basins. It also has contiguous areas in Alberta, Canada, spanning various gross acres across the Western Canadian Sedimentary Basin. The company's reportable segments are Colombia, Ecuador, Canada, and Other. A majority of its revenue is derived from its operations in Colombia.

Gran Tierra Energy Headlines

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