MITJF (The Mint) ROC %: -68.94% (As of Dec. 2023)


MITJF The Mint Corp MITJF
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What is The Mint ROC %?

The Mint MITJF -99.67% 12 ROC % is -68.94% as of Dec. 2023. GuruFocus rates MITJF with a GF Score™ of 12/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The Mint's annualized return on capital (ROC %) for the quarter that ended in Dec. 2023 was -68.94%.

As of today (2026-06-28), The Mint's WACC % is 0.00%. The Mint's ROC % is 0.00% (calculated using TTM income statement data). The Mint earns returns that do not match up to its cost of capital. It will destroy value as it grows.


The Mint  (OTCPK:MITJF) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, The Mint's WACC % is 0.00%. The Mint's ROC % is 0.00% (calculated using TTM income statement data). The Mint earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


The Mint ROC % Related Terms


The Mint ROC % Historical Data

* Premium members only.

The historical data trend for The Mint's ROC % 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.

The Mint ROC % Chart

The Mint Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -418.13 -24.18 -2.87 -2.32 -59.91

The Mint Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
ROC % 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 -30.83 -44.01 -59.66 -56.02 -68.94
MITJF
12GF Score
The Mint Corp MITJF
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The Mint ROC % Calculation

The Mint's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=-0.26 * ( 1 - 0% )/( (0.434 + 0)/ 1 )
=-0.26/0.434
=-59.91 %

where

The Mint's annualized Return on Capital (ROC %) for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-0.324 * ( 1 - 0% )/( (0.47 + 0)/ 1 )
=-0.324/0.47
=-68.94 %

where

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -68.94% mean?
The Mint (MITJF) has a ROC % of -68.94% as of Dec. 2023. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on The Mint and its competitors.
Is The Mint's ROC % too high?
The Mint's current ROC % is -68.94%. Overall, The Mint has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does The Mint's ROC % compare to STQN and WINSF?
The Mint's ROC % of -68.94% can be compared against companies in the Credit Services industry. The industry median ROC % is 1.98. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Credit Services company?
The median ROC % among Credit Services companies is 1.98, based on 417 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % 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 % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on The Mint and its competitors. For the Credit Services industry, the median ROC % is 1.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. The Mint's current ROC % is -68.94%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is The Mint stock overvalued right now?
The Mint (MITJF) has a current ROC % of -68.94%. The current ROC % is -68.94%. The Mint's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For The Mint (MITJF), the current ROC % is -68.94% as of Dec. 2023. 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.

The Mint Business Description

Address 360 Bay Street, Suite 999, Toronto, ON, CAN, M5H 2V6
The Mint Corp, through its subsidiaries, is a globally certified payments company focused on offering financial services to the unbanked salaried worker in the United Arab Emirates (UAE). The Group manages the issuance, administration, customer support, payment processing, and set-up and reporting of payroll cards. In addition, it also provides additional services to cardholders, including mobile airtime top-up and mobile payments. The Corporation's business operations are located principally in the Middle East and almost all of its revenue is in UAE Dirham.
12GF Score

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

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