TRUFF (Red Light Holland) ROC (Joel Greenblatt) %: -96.47% (As of Dec. 2025)


What is Red Light Holland ROC (Joel Greenblatt) %?

Red Light Holland TRUFF -9.06% ROC (Joel Greenblatt) % is -96.47% as of Dec. 2025. The stock has 4 warning signs investors should review. Among 977 Drug Manufacturers companies, Red Light Holland ranks worse than 88.13% 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. Red Light Holland's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -96.47%.

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

TRUFF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -888.75   Med: -113.13   Max: -63.07
Current: -81.75

During the past 7 years, Red Light Holland's highest ROC (Joel Greenblatt) % was -63.07%. The lowest was -888.75%. And the median was -113.13%.

TRUFF's ROC (Joel Greenblatt) % is ranked worse than
88.13% of 977 companies
in the Drug Manufacturers industry
Industry Median: 11.37 vs TRUFF: -81.75

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


Red Light Holland  (OTCPK:TRUFF) 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.


Red Light Holland ROC (Joel Greenblatt) % Related Terms


Red Light Holland ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Red Light Holland'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.

Red Light Holland ROC (Joel Greenblatt) % Chart

Red Light Holland Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial -601.85 -888.37 -110.49 -110.28 -61.28

Red Light Holland Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -46.60 -86.03 -67.21 -80.52 -96.47

TRUFF vs ZTS, UTHR: ROC (Joel Greenblatt) % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Red Light Holland'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.


Red Light Holland ROC (Joel Greenblatt) % vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Red Light Holland's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Red Light Holland's ROC (Joel Greenblatt) % falls into.



Red Light Holland 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. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.363 + 0.742 + 1.938) - (1.197 + 0 + 0.0010000000000003)
=1.845

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.59 + 0.684 + 1.923) - (1.279 + 0 + 4.4408920985006E-16)
=1.918

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Red Light Holland for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-4.136/( ( (2.463 + max(1.845, 0)) + (2.349 + max(1.918, 0)) )/ 2 )
=-4.136/( ( 4.308 + 4.267 )/ 2 )
=-4.136/4.2875
=-96.47 %

Note: The EBIT data used here is four times the quarterly (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 -96.47% mean?
Red Light Holland (TRUFF) has a ROC (Joel Greenblatt) % of -96.47% 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 Red Light Holland and its competitors. According to the industry distribution chart, Red Light Holland ranks #861 out of 977 companies in the Drug Manufacturers industry, placing it in the top 88.1%.
Is Red Light Holland's ROC (Joel Greenblatt) % too high?
Red Light Holland's current ROC (Joel Greenblatt) % is -96.47%. Based on the distribution chart, Red Light Holland ranks #861 out of 977 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers.
How does Red Light Holland's ROC (Joel Greenblatt) % compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Red Light Holland ranks #861 out of 977 companies for ROC (Joel Greenblatt) %. This places Red Light Holland in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.37. 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 Drug Manufacturers company?
The median ROC (Joel Greenblatt) % among Drug Manufacturers companies is 11.37, based on 977 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 Red Light Holland and its competitors. For the Drug Manufacturers industry, the median ROC (Joel Greenblatt) % is 11.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Red Light Holland's current ROC (Joel Greenblatt) % is -96.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Light Holland stock overvalued right now?
Based on GuruFocus' analysis, Red Light Holland (TRUFF) is currently considered Modestly Undervalued. The stock's GF Value™ is $0.03, compared to a current price of $0.02 — trading 19.7% below its estimated fair value. The current ROC (Joel Greenblatt) % is -96.47%. 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 Red Light Holland (TRUFF), the current ROC (Joel Greenblatt) % is -96.47% 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.

Red Light Holland Business Description

Other Exchanges 4YX:GermanyTRIP:Canada
Address 1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9
Red Light Holland Corp is engaged in the production, growth, and sale of functional mushrooms and mushroom home grow kits in North America and Europe, and a premium brand of psilocybin truffles to the legal, recreational market within the Netherlands. Its products include Microdosing Kit and Merch. Its revenue is comprised of sales of wholesale truffles, cannabis seeds, and other cannabis products and sales of microdose packs.