Triple Flag Precious MetalsTFPM +4.34%87 ROC (Joel Greenblatt) % is 27.04% as of Mar. 2026, which is 612% above its 10-year median of 3.80. GuruFocus rates TFPM with a GF Score™ of 87/100 and a GF Value™ of $33.67 (Fairly Valued). Among 2,496 Metals & Mining companies, Triple Flag Precious Metals ranks better than 88.02% 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. Triple Flag Precious Metals's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.04%.
The historical rank and industry rank for Triple Flag Precious Metals's ROC (Joel Greenblatt) % or its related term are showing as below:
TFPM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.97 Med: 3.8 Max: 23.31
Current: 23.31
During the past 8 years, Triple Flag Precious Metals's highest ROC (Joel Greenblatt) % was 23.31%. The lowest was -4.97%. And the median was 3.80%.
TFPM's ROC (Joel Greenblatt) % is ranked better than 88.02% of 2496
companies
in the Metals & Mining industry
Industry Median: -22.58
vs TFPM: 23.31
Triple Flag Precious Metals (NYSE:TFPM) 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.
* 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.
Triple Flag Precious Metals ROC (Joel Greenblatt) % Chart
For the Other Precious Metals & Mining subindustry, Triple Flag Precious 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.
Triple Flag Precious Metals ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Triple Flag Precious Metals's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Triple Flag Precious Metals's ROC (Joel Greenblatt) % falls into.
Triple Flag Precious 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:
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 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 27.04% mean?
Triple Flag Precious Metals (TFPM) has a ROC (Joel Greenblatt) % of 27.04% 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 Triple Flag Precious Metals and its competitors. This is 612% above median its historical median of 3.80. According to the industry distribution chart, Triple Flag Precious Metals ranks #299 out of 2496 companies in the Metals & Mining industry, placing it in the top 12%.
Is Triple Flag Precious Metals' ROC (Joel Greenblatt) % too high?
Triple Flag Precious Metals' current ROC (Joel Greenblatt) % of 27.04% is 612% above median its 10-year median of 3.80. Based on the distribution chart, Triple Flag Precious Metals ranks #299 out of 2496 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Triple Flag Precious Metals has a GF Score™ of 87/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Triple Flag Precious Metals' ROC (Joel Greenblatt) % compare to HL?
According to the Metals & Mining industry distribution chart, Triple Flag Precious Metals ranks #299 out of 2496 companies for ROC (Joel Greenblatt) %. This places Triple Flag Precious Metals in the top 12% of its industry — outperforming the majority of peers. 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 Triple Flag Precious Metals and its competitors. Triple Flag Precious Metals's current ROC (Joel Greenblatt) % is 27.04%, which is 612% above median its own 10-year median of 3.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triple Flag Precious Metals stock overvalued right now?
Based on GuruFocus' analysis, Triple Flag Precious Metals (TFPM) is currently considered Fairly Valued. The stock's GF Value™ is $33.67, compared to a current price of $31.49 — trading 6.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 27.04%, which is 612% above median its 10-year median of 3.80. Triple Flag Precious Metals' overall GF Score™ is 87/100. 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 Triple Flag Precious Metals (TFPM), the current ROC (Joel Greenblatt) % is 27.04% 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.
Is Triple Flag Precious Metals (TFPM) Overvalued in 2026?
Based on GuruFocus' analysis, Triple Flag Precious Metals stock appears to be undervalued.
The current stock price of $31.49 is trading 6.5% below its estimated GF Value™ of $33.67.
GuruFocus considers Triple Flag Precious Metals to be Fairly Valued.
Key valuation signals for TFPM:
ROC (Joel Greenblatt) %: 27.04% (612% above median its 10-year median of 3.80)
GF Value™: $33.67 vs. price of $31.49 (6.5% below fair value)
No single metric tells the full story. See the TFPM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Triple Flag Precious Metals Corp is a streaming and royalty company focused on precious metals. Its revenues are largely generated from a diversified portfolio of properties in Australia, Canada, Colombia, Cote d'Ivoire, Mexico, Mongolia, Peru, South Africa, and the United States. Its diversified portfolio of streams and royalties comprises long-life mining assets, including the Northparkes copper-gold mine in Australia, the Cerro Lindo polymetallic mine in Peru, the Fosterville gold mine in Australia, the Buritica gold mine in Colombia, and the Impala Bafokeng Operations in South Africa among others. A majority of its revenue is derived through its interests in various gold streams. Geographically, the company derives maximum revenue from Australia, followed by Peru and other regions.
87GF Score
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