Saba Energy (TSXV:SABA) ROC (Joel Greenblatt) %: -42.57% (As of Sep. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:SABA Saba Energy Ltd TSXV:SABA
9 GF Score
Price C$0.11
! 3 Warning Signs
View Full Analysis

What is Saba Energy ROC (Joel Greenblatt) %?

Saba Energy TSXV:SABA 9 ROC (Joel Greenblatt) % is -42.57% as of Sep. 2025. GuruFocus rates TSXV:SABA with a GF Score™ of 9/100. The stock has 3 warning signs investors should review. Among 997 Oil & Gas companies, Saba Energy ranks worse than 81.95% 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. Saba Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -42.57%.

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

TSXV:SABA' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -415.38   Med: -200   Max: 10.15
Current: -16.06

During the past 10 years, Saba Energy's highest ROC (Joel Greenblatt) % was 10.15%. The lowest was -415.38%. And the median was -200.00%.

TSXV:SABA's ROC (Joel Greenblatt) % is ranked worse than
81.95% of 997 companies
in the Oil & Gas industry
Industry Median: 8.55 vs TSXV:SABA: -16.06

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


Saba Energy  (TSXV:SABA) 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.


Saba Energy ROC (Joel Greenblatt) % Related Terms


Saba Energy ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Saba Energy'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.

Saba Energy ROC (Joel Greenblatt) % Chart

Saba Energy Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec21 Dec22 Dec23 Dec24
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 10.15 -209.53 -18.22

Saba Energy Quarterly Data
Mar12 Jun12 Sep12 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -13.48 -16.83 1.47 1.09 -42.57

TSXV:SABA vs COP, EOG, FANG: ROC (Joel Greenblatt) % Comparison

For the Oil & Gas E&P subindustry, Saba Energy'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.


Saba Energy ROC (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Saba Energy's ROC (Joel Greenblatt) % distribution charts can be found below:

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


TSXV:SABA
9GF Score
Saba Energy Ltd TSXV:SABA
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Saba Energy 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2.719 + 0 + 1.013) - (0.336 + 0 + 0)
=3.396

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.979 + 0 + 0.158) - (0.241 + 0 + 0)
=1.896

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Saba Energy for the quarter that ended in Sep. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Sep. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Sep. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-13.82/( ( (19.501 + max(3.396, 0)) + (40.13 + max(1.896, 0)) )/ 2 )
=-13.82/( ( 22.897 + 42.026 )/ 2 )
=-13.82/32.4615
=-42.57 %

Note: The EBIT data used here is four times the quarterly (Sep. 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 -42.57% mean?
Saba Energy (TSXV:SABA) has a ROC (Joel Greenblatt) % of -42.57% as of Sep. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Saba Energy and its competitors. According to the industry distribution chart, Saba Energy ranks #817 out of 997 companies in the Oil & Gas industry, placing it in the top 81.9%.
Is Saba Energy's ROC (Joel Greenblatt) % too high?
Saba Energy's current ROC (Joel Greenblatt) % is -42.57%. Based on the distribution chart, Saba Energy ranks #817 out of 997 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Saba Energy has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Saba Energy's ROC (Joel Greenblatt) % compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Saba Energy ranks #817 out of 997 companies for ROC (Joel Greenblatt) %. This places Saba Energy in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.55. 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 an Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.55, based on 997 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 Saba Energy and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Saba Energy's current ROC (Joel Greenblatt) % is -42.57%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Saba Energy stock overvalued right now?
Saba Energy (TSXV:SABA) has a current ROC (Joel Greenblatt) % of -42.57%. The current ROC (Joel Greenblatt) % is -42.57%. Saba Energy's overall GF Score™ is 9/100 with 3 warning signs 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 Saba Energy (TSXV:SABA), the current ROC (Joel Greenblatt) % is -42.57% as of Sep. 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.

Saba Energy Business Description

Industry EnergyOil & Gas
Address 800-215 9 Avenue, Calgary, AB, CAN, T2P 1K3
Saba Energy Ltd, formerly Blue Sky Global Energy Corp operates as an oil and gas exploration company. The Company explores oil and gas resources located in the Corozal Basin, Belize.
9GF Score

Get the complete analysis for TSXV:SABA

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

C$0.11
Price