Bureau Veritas (CHIX:BVIP) Capex-to-Operating-Income: 0.17 (As of Jun. 2026) — Near Median

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CHIX:BVIP Bureau Veritas SA CHIX:BVIP
83 GF Score
Price €28.23
GF Value €28.22
Valuation Fairly Valued
! 3 Warning Signs
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What is Bureau Veritas Capex-to-Operating-Income?

Bureau Veritas CHIX:BVIP 83 Capex-to-Operating-Income is 0.17 as of Jun. 2026, which is 6% below its 10-year median of 0.18. GuruFocus rates CHIX:BVIP with a GF Score™ of 83/100 and a GF Value™ of €28.22 (Fairly Valued). The stock has 3 warning signs investors should review. Among 562 Business Services companies, Bureau Veritas ranks better than 65.66% on this metric.

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Bureau Veritas's Capital Expenditure for the six months ended in Jun. 2026 was €-71.20 Mil. Its Operating Income for the six months ended in Jun. 2026 was €431.10 Mil.

Hence, Bureau Veritas's Capex-to-Operating-Income for the six months ended in Jun. 2026 was 0.17.


Bureau Veritas  (CHIX:BVIp) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.


Bureau Veritas Capex-to-Operating-Income Related Terms


Bureau Veritas Capex-to-Operating-Income Historical Data

* Premium members only.

The historical data trend for Bureau Veritas's Capex-to-Operating-Income 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.

Bureau Veritas Capex-to-Operating-Income Chart

Bureau Veritas Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.16 0.19 0.16 0.16

Bureau Veritas Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Capex-to-Operating-Income 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 0.15 0.17 0.15 0.16 0.17

CHIX:BVIP vs VRSK, EFX, BAH: Capex-to-Operating-Income Comparison

For the Consulting Services subindustry, Bureau Veritas's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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.


Bureau Veritas Capex-to-Operating-Income vs Business Services Industry

For the Business Services industry and Industrials sector, Bureau Veritas's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Bureau Veritas's Capex-to-Operating-Income falls into.


CHIX:BVIP
83GF Score
Bureau Veritas SA CHIX:BVIP
Capex-to-Operating-Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Bureau Veritas Capex-to-Operating-Income Calculation

Bureau Veritas's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2025 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-147) / 938.7
=0.16

Bureau Veritas's Capex-to-Operating-Income for the quarter that ended in Jun. 2026 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-71.2) / 431.1
=0.17

* 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 Capex-to-Operating-Income of 0.17 mean?
Bureau Veritas (CHIX:BVIP) has a Capex-to-Operating-Income of 0.17 as of Jun. 2026. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Bureau Veritas and its competitors. This is near median its historical median of 0.18. Over the past decade, Bureau Veritas' Capex-to-Operating-Income has ranged from 0.16 to 0.26. According to the industry distribution chart, Bureau Veritas ranks #193 out of 562 companies in the Business Services industry, placing it in the top 34.3%.
Is Bureau Veritas' Capex-to-Operating-Income too high?
Bureau Veritas' current Capex-to-Operating-Income of 0.17 is near median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.26. The Business Services industry median Capex-to-Operating-Income is 0.29. Bureau Veritas' value of 0.17 is 41.4% below this industry median. Based on the distribution chart, Bureau Veritas ranks #193 out of 562 companies in the Business Services industry, which is above the industry midpoint. Overall, Bureau Veritas has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bureau Veritas' Capex-to-Operating-Income compare to VRSK and EFX?
According to the Business Services industry distribution chart, Bureau Veritas ranks #193 out of 562 companies for Capex-to-Operating-Income. This puts Bureau Veritas in the upper half of its industry. The industry median Capex-to-Operating-Income is 0.29. Bureau Veritas' value of 0.17 is 41.4% below this benchmark. Historically, Bureau Veritas' own Capex-to-Operating-Income has ranged from 0.16 to 0.26 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.29, Bureau Veritas has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Capex-to-Operating-Income for a Business Services company?
The median Capex-to-Operating-Income among Business Services companies is 0.29, based on 562 companies in the industry. Companies in the top quartile (top 25%) have a Capex-to-Operating-Income significantly above this median, while those in the bottom quartile fall well below. However, Capex-to-Operating-Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bureau Veritas's current Capex-to-Operating-Income of 0.17 is 41.4% below 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 Capex-to-Operating-Income mean?
A high Capex-to-Operating-Income can signal that a stock is expensive relative to its fundamentals. Capex to Operating Income ratio measures a company's investments in physical assets to its operating income. View historical data on Bureau Veritas and its competitors. For the Business Services industry, the median Capex-to-Operating-Income is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bureau Veritas's current Capex-to-Operating-Income is 0.17, which is near median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bureau Veritas stock overvalued right now?
Based on GuruFocus' analysis, Bureau Veritas (CHIX:BVIP) is currently considered Fairly Valued. The stock's GF Value™ is €28.22, compared to a current price of €28.23 — trading 0% above its estimated fair value. The current Capex-to-Operating-Income is 0.17, which is near median its 10-year median of 0.18 and 41.4% below the Business Services industry median of 0.29. Bureau Veritas' overall GF Score™ is 83/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Capex-to-Operating-Income calculated?
Capex-to-Operating-Income is calculated from a company's financial statements. For Bureau Veritas (CHIX:BVIP), the current Capex-to-Operating-Income is 0.17 as of Jun. 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 Bureau Veritas (CHIX:BVIP) Overvalued in 2026?

Based on GuruFocus' analysis, Bureau Veritas stock appears to be overvalued. The current stock price of €28.23 is trading 0% above its estimated GF Value™ of €28.22. GuruFocus considers Bureau Veritas to be Fairly Valued.

Key valuation signals for CHIX:BVIP:

  • Capex-to-Operating-Income: 0.17 (near median its 10-year median of 0.18)
  • GF Value™: €28.22 vs. price of €28.23 (0% above fair value)
  • GF Score™: 83/100 with 3 warning signs
  • Industry Position: 41.4% below the Business Services median (#193 of 562)

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


Bureau Veritas Business Description

Address Tour Alto, 4 Place des Saisons, Courbevoie, FRA, 92400
Bureau Veritas is a testing, inspection, and certification company. Its primary activities include testing products and materials, inspecting sites and equipment, and certifying products and systems to maintain global standards. Bureau Veritas is one of a handful of companies in the TIC sector that operate globally across numerous industries, including marine, industry, commodities, construction, and consumer products. Bureau Veritas was listed in 2007; it was previously privately owned by the Wendel Group, which retains a significant holding.
83GF Score

Get the complete analysis for CHIX:BVIP

Capex-to-Operating-Income is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€28.23
Price
€28.22
GF Value