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. Americas Gold And Silver's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.03%.
The historical rank and industry rank for Americas Gold And Silver's ROC (Joel Greenblatt) % or its related term are showing as below:
USAS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -71.93 Med: -20.39 Max: -3.17
Current: -21.19
During the past 13 years, Americas Gold And Silver's highest ROC (Joel Greenblatt) % was -3.17%. The lowest was -71.93%. And the median was -20.39%.
USAS's ROC (Joel Greenblatt) % is ranked better than 50.52% of 2500
companies
in the Metals & Mining industry
Industry Median: -22.13
vs USAS: -21.19
Americas Gold And Silver's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -6.60% per year.
Americas Gold And Silver (AMEX:USAS) 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.
Americas Gold And Silver ROC (Joel Greenblatt) % Related Terms
Americas Gold And Silver ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Americas Gold And Silver'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.
Americas Gold And Silver ROC (Joel Greenblatt) % Chart
Americas Gold And Silver ROC (Joel Greenblatt) % Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Americas Gold And Silver'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.
Americas Gold And Silver ROC (Joel Greenblatt) % vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Americas Gold And Silver's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Americas Gold And Silver's ROC (Joel Greenblatt) % falls into.
Americas Gold And Silver 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:
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.
Note:
The EBIT data used here is four times the quarterly (Mar. 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 27.03% mean?
Americas Gold And Silver (USAS) has a ROC (Joel Greenblatt) % of 27.03% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Americas Gold And Silver and its competitors. According to the industry distribution chart, Americas Gold And Silver ranks #1237 out of 2500 companies in the Metals & Mining industry, placing it in the top 49.5%.
Is Americas Gold And Silver's ROC (Joel Greenblatt) % too high?
Americas Gold And Silver's current ROC (Joel Greenblatt) % is 27.03%. Based on the distribution chart, Americas Gold And Silver ranks #1237 out of 2500 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Americas Gold And Silver has a GF Score™ of 52/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Americas Gold And Silver's ROC (Joel Greenblatt) % compare to competitors?
According to the Metals & Mining industry distribution chart, Americas Gold And Silver ranks #1237 out of 2500 companies for ROC (Joel Greenblatt) %. This puts Americas Gold And Silver in the upper half of its industry. 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 Metals & Mining company?
A good ROC (Joel Greenblatt) % depends on the Metals & Mining industry context. 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 Americas Gold And Silver and its competitors. Americas Gold And Silver's current ROC (Joel Greenblatt) % is 27.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Americas Gold And Silver stock overvalued right now?
Based on GuruFocus' analysis, Americas Gold And Silver (USAS) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.59, compared to a current price of $4.81 — trading 715.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 27.03%. Americas Gold And Silver's overall GF Score™ is 52/100 with 4 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 Americas Gold And Silver (USAS), the current ROC (Joel Greenblatt) % is 27.03% as of Mar. 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 Americas Gold And Silver (USAS) Overvalued in 2026?
Based on GuruFocus' analysis, Americas Gold And Silver stock appears to be overvalued.
The current stock price of $4.81 is trading 715.3% above its estimated GF Value™ of $0.59.
GuruFocus considers Americas Gold And Silver to be Significantly Overvalued.
Key valuation signals for USAS:
ROC (Joel Greenblatt) %: 27.03%
GF Value™: $0.59 vs. price of $4.81 (715.3% above fair value)
No single metric tells the full story. See the USAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Americas Gold And Silver Corp is a mining company engaged in the acquisition, exploration, development, and production of precious metals mineral properties in Mexico and the United States. The company's primary operating assets, which are also its reporting segments, are the Cosala operations, the Galena Complex, and Relief Canyon. It also holds interests in the San Felipe Development Project located in Sonora, Mexico. The Cosala operations segment, which derives maximum revenue, operates in Mexico, while the Galena Complex and Relief Canyon segments operate in the United States.
52GF Score
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