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Rogue Resources (TSXV:RRS) ROC (Joel Greenblatt) % : 18.70% (As of Jan. 2024)


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What is Rogue Resources 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. Rogue Resources's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jan. 2024 was 18.70%.

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

TSXV:RRS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -93.34   Med: -5.04   Max: 11.21
Current: -8.59

During the past 13 years, Rogue Resources's highest ROC (Joel Greenblatt) % was 11.21%. The lowest was -93.34%. And the median was -5.04%.

TSXV:RRS's ROC (Joel Greenblatt) % is ranked better than
65.5% of 2574 companies
in the Metals & Mining industry
Industry Median: -19.635 vs TSXV:RRS: -8.59

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


Rogue Resources ROC (Joel Greenblatt) % Historical Data

The historical data trend for Rogue Resources'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.

Rogue Resources ROC (Joel Greenblatt) % Chart

Rogue Resources Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.97 -5.10 11.21 -93.34 -0.03

Rogue Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -7.65 13.55 -6.62 -55.62 18.70

Competitive Comparison of Rogue Resources's ROC (Joel Greenblatt) %

For the Other Industrial Metals & Mining subindustry, Rogue Resources'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.


Rogue Resources's ROC (Joel Greenblatt) % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Rogue Resources's ROC (Joel Greenblatt) % distribution charts can be found below:

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



Rogue Resources 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: Oct. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.007 + 0.108 + 0.598) - (2.21 + 0.009 + 0)
=-1.506

Working Capital(Q: Jan. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.01 + 0.108 + 0.034) - (2.764 + 0 + 0)
=-2.612

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Rogue Resources for the quarter that ended in Jan. 2024 can be restated as:

ROC (Joel Greenblatt) %(Q: Jan. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Oct. 2023  Q: Jan. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0.728/( ( (4.354 + max(-1.506, 0)) + (3.433 + max(-2.612, 0)) )/ 2 )
=0.728/( ( 4.354 + 3.433 )/ 2 )
=0.728/3.8935
=18.70 %

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


Rogue Resources  (TSXV:RRS) 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.


Rogue Resources ROC (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of Rogue Resources's ROC (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


Rogue Resources (TSXV:RRS) Business Description

Traded in Other Exchanges
Address
150 King Street W., Toronto, ON, CAN, M5H 1J9
Rogue Resources Inc is an exploration-stage mining company. It is engaged in the business of exploring silica, nickel, and iron ore in Quebec and Ontario. The company's projects include Snow White Project, Silicon Ridge Project, Radio Hill project, and Langmuir project. Its Snow White Project is located northwest of the town of Massey. The Silicon Ridge Project is in the northeast of Quebec City. Its Radio Hill property is on the southwest of Timmins, Ontario. The Langmuir project is in the south of South Porcupine, Ontario.

Rogue Resources (TSXV:RRS) Headlines

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