TKCM (Token Communities) ROC (Joel Greenblatt) %: -30.76% (As of Jun. 2025)


What is Token Communities ROC (Joel Greenblatt) %?

Token Communities TKCM ROC (Joel Greenblatt) % is -30.76% as of Jun. 2025. Among 1,751 Real Estate companies, Token Communities ranks worse than 88.41% 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. Token Communities's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was -30.76%.

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

TKCM's ROC (Joel Greenblatt) % is not ranked *
in the Real Estate industry.
Industry Median: 12.62
* Ranked among companies with meaningful ROC (Joel Greenblatt) % only.

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


Token Communities  (OTCPK:TKCM) 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.


Token Communities ROC (Joel Greenblatt) % Related Terms


Token Communities ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Token Communities'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.

Token Communities ROC (Joel Greenblatt) % Chart

Token Communities Annual Data
Trend Jun16 Jun17 Jun18 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.00 335.19 -29.17

Token Communities Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 1,497.78 -167.74 -91.48 -26.97 -30.76

TKCM vs GMPW, AOXY, BRST: ROC (Joel Greenblatt) % Comparison

For the Real Estate - Development subindustry, Token Communities'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.


Token Communities ROC (Joel Greenblatt) % vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Token Communities's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Token Communities 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: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 6.243 + 0.0029999999999992) - (4.311 + 0.001 + 0)
=1.934

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 5.818 + 8.8817841970013E-16) - (0.484 + 2.587 + 0)
=2.747

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Token Communities for the quarter that ended in Jun. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Jun. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-0.744/( ( (0 + max(1.934, 0)) + (0.157 + max(2.747, 0)) )/ 2 )
=-0.744/( ( 1.934 + 2.904 )/ 2 )
=-0.744/2.419
=-30.76 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 -30.76% mean?
Token Communities (TKCM) has a ROC (Joel Greenblatt) % of -30.76% as of Jun. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Token Communities and its competitors. According to the industry distribution chart, Token Communities ranks #1548 out of 1751 companies in the Real Estate industry, placing it in the top 88.4%.
Is Token Communities' ROC (Joel Greenblatt) % too high?
Token Communities' current ROC (Joel Greenblatt) % is -30.76%. Based on the distribution chart, Token Communities ranks #1548 out of 1751 companies in the Real Estate industry, which is in the bottom quartile relative to peers.
How does Token Communities' ROC (Joel Greenblatt) % compare to GMPW and AOXY?
According to the Real Estate industry distribution chart, Token Communities ranks #1548 out of 1751 companies for ROC (Joel Greenblatt) %. This places Token Communities in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.62. 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 Real Estate company?
The median ROC (Joel Greenblatt) % among Real Estate companies is 12.62, based on 1,751 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 Token Communities and its competitors. For the Real Estate industry, the median ROC (Joel Greenblatt) % is 12.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Token Communities's current ROC (Joel Greenblatt) % is -30.76%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Token Communities stock overvalued right now?
Token Communities (TKCM) has a current ROC (Joel Greenblatt) % of -30.76%. The current ROC (Joel Greenblatt) % is -30.76%. 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 Token Communities (TKCM), the current ROC (Joel Greenblatt) % is -30.76% as of Jun. 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.

Token Communities Business Description

Address 850 Tidewater Shore Loop, Suite 402, Bradenton, FL, USA, 34208
Token Communities Ltd is engaged in real estate development, mainly focusing on luxury waterfront residential properties in southwest Florida through its subsidiary, ASC Global Inc. The company owns and develops premium waterfront homesites in areas such as Sarasota and Charlotte County. It is also in the preliminary stages of developing a mixed-use APOZ (Asia Pacific Opportunity Zone) project in the Greater Houston Area, which is expected to include industrial, commercial, and residential components.