Mercanto Holdings (TSXV:MUSH) ROC (Joel Greenblatt) %: 608.81% (As of Apr. 2026)

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TSXV:MUSH Mercanto Holdings Inc TSXV:MUSH
34 GF Score
Price C$0.12
GF Value C$0.14
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Mercanto Holdings ROC (Joel Greenblatt) %?

Mercanto Holdings TSXV:MUSH 34 ROC (Joel Greenblatt) % is 608.81% as of Apr. 2026. GuruFocus rates TSXV:MUSH with a GF Score™ of 34/100 and a GF Value™ of C$0.14 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 982 Drug Manufacturers companies, Mercanto Holdings ranks worse than 72% 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. Mercanto Holdings's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 608.81%.

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

TSXV:MUSH' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -937.22   Med: -229.16   Max: 16.3
Current: -2.53

During the past 5 years, Mercanto Holdings's highest ROC (Joel Greenblatt) % was 16.30%. The lowest was -937.22%. And the median was -229.16%.

TSXV:MUSH's ROC (Joel Greenblatt) % is ranked worse than
72% of 982 companies
in the Drug Manufacturers industry
Industry Median: 11.405 vs TSXV:MUSH: -2.53

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


Mercanto Holdings  (TSXV:MUSH) 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.


Mercanto Holdings ROC (Joel Greenblatt) % Related Terms


Mercanto Holdings ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Mercanto Holdings'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.

Mercanto Holdings ROC (Joel Greenblatt) % Chart

Mercanto Holdings Annual Data
Trend Jul21 Jul22 Jul23 Jul24 Jul25
ROC (Joel Greenblatt) %
-937.22 -508.69 -229.16 16.30 -198.07

Mercanto Holdings Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -168.82 -842.95 -1,115.38 842.35 608.81

TSXV:MUSH vs ZTS: ROC (Joel Greenblatt) % Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Mercanto Holdings'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.


Mercanto Holdings ROC (Joel Greenblatt) % vs Drug Manufacturers Industry

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

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


TSXV:MUSH
34GF Score
Mercanto Holdings Inc TSXV:MUSH
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mercanto Holdings 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: Jan. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.445 + 0.604 + 0.0030000000000001) - (1.473 + 0 + 0)
=-0.421

Working Capital(Q: Apr. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.273 + 0.794 + 0.0039999999999998) - (1.126 + 0 + 0.0010000000000001)
=-0.056

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Mercanto Holdings for the quarter that ended in Apr. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Apr. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jan. 2026  Q: Apr. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.484/( ( (0.082 + max(-0.421, 0)) + (0.077 + max(-0.056, 0)) )/ 2 )
=0.484/( ( 0.082 + 0.077 )/ 2 )
=0.484/0.0795
=608.81 %

Note: The EBIT data used here is four times the quarterly (Apr. 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 608.81% mean?
Mercanto Holdings (TSXV:MUSH) has a ROC (Joel Greenblatt) % of 608.81% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Mercanto Holdings and its competitors. According to the industry distribution chart, Mercanto Holdings ranks #707 out of 982 companies in the Drug Manufacturers industry, placing it in the top 72%.
Is Mercanto Holdings' ROC (Joel Greenblatt) % too high?
Mercanto Holdings' current ROC (Joel Greenblatt) % is 608.81%. The Drug Manufacturers industry median ROC (Joel Greenblatt) % is 11.41. Mercanto Holdings' value of 608.81% is 5238.1% above this industry median. Based on the distribution chart, Mercanto Holdings ranks #707 out of 982 companies in the Drug Manufacturers industry, which is below the industry midpoint. Overall, Mercanto Holdings has a GF Score™ of 34/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mercanto Holdings' ROC (Joel Greenblatt) % compare to ZTS?
According to the Drug Manufacturers industry distribution chart, Mercanto Holdings ranks #707 out of 982 companies for ROC (Joel Greenblatt) %. This places Mercanto Holdings in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.41. Mercanto Holdings' value of 608.81% is 5238.1% above this benchmark. 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 11.41, based on 982 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. Mercanto Holdings's current ROC (Joel Greenblatt) % of 608.81% is 5238.1% above the industry median. 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 Mercanto Holdings and its competitors. For the Drug Manufacturers industry, the median ROC (Joel Greenblatt) % is 11.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercanto Holdings's current ROC (Joel Greenblatt) % is 608.81%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercanto Holdings stock overvalued right now?
Based on GuruFocus' analysis, Mercanto Holdings (TSXV:MUSH) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.14, compared to a current price of C$0.12 — trading 14.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 608.81% and 5238.1% above the Drug Manufacturers industry median of 11.41. Mercanto Holdings' overall GF Score™ is 34/100 with 1 warning sign to review. 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 Mercanto Holdings (TSXV:MUSH), the current ROC (Joel Greenblatt) % is 608.81% as of Apr. 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 Mercanto Holdings (TSXV:MUSH) Overvalued in 2026?

Based on GuruFocus' analysis, Mercanto Holdings stock appears to be undervalued. The current stock price of C$0.12 is trading 14.3% below its estimated GF Value™ of C$0.14. GuruFocus considers Mercanto Holdings to be Modestly Undervalued.

Key valuation signals for TSXV:MUSH:

  • ROC (Joel Greenblatt) %: 608.81%
  • GF Value™: C$0.14 vs. price of C$0.12 (14.3% below fair value)
  • GF Score™: 34/100 with 1 warning sign
  • Industry Position: 5238.1% above the Drug Manufacturers median (#707 of 982)

No single metric tells the full story. See the TSXV:MUSH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mercanto Holdings Business Description

Address 324 Marie-Curie, Vaudreuil, QC, CAN, J7V 5V5
Mercanto Holdings Inc operates a portfolio of brands that include traditional cannabis and beverage products. The company exists to promote the use of mushrooms through its brands; The company offers quality products that promote health, recreation, and well-being. The portfolio of the company includes different cannabis products, probiotic, functional mushroom beverages, and others.
34GF Score

Get the complete analysis for TSXV:MUSH

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.12
Price
C$0.14
GF Value