Brookfield Asset ManagementBAM -1.37%61 ROC (Joel Greenblatt) % is 4,125.41% as of Mar. 2026, which is 6% below its 10-year median of 4,397.31. GuruFocus rates BAM with a GF Score™ of 61/100 and a GF Value™ of $56.06 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 626 Asset Management companies, Brookfield Asset Management ranks better than 91.37% 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. Brookfield Asset Management's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4,125.41%.
The historical rank and industry rank for Brookfield Asset Management's ROC (Joel Greenblatt) % or its related term are showing as below:
BAM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3735.15 Med: 4397.31 Max: 4587.91
Current: 3735.15
During the past 4 years, Brookfield Asset Management's highest ROC (Joel Greenblatt) % was 4587.91%. The lowest was 3735.15%. And the median was 4397.31%.
BAM's ROC (Joel Greenblatt) % is ranked better than 91.37% of 626
companies
in the Asset Management industry
Industry Median: 64.34
vs BAM: 3735.15
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.
* 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.
BAM vs BLK, BX, KKR: ROC (Joel Greenblatt) % Comparison
For the Asset Management subindustry, Brookfield Asset Management'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.
Brookfield Asset Management ROC (Joel Greenblatt) % vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Brookfield Asset Management's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Brookfield Asset Management's ROC (Joel Greenblatt) % falls into.
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 4,125.41% mean?
Brookfield Asset Management (BAM) has a ROC (Joel Greenblatt) % of 4,125.41% 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 Brookfield Asset Management and its competitors. This is near median its historical median of 4,397.31. Over the past decade, Brookfield Asset Management's ROC (Joel Greenblatt) % has ranged from 3,735.15 to 4,587.91. According to the industry distribution chart, Brookfield Asset Management ranks #54 out of 626 companies in the Asset Management industry, placing it in the top 8.6%.
Is Brookfield Asset Management's ROC (Joel Greenblatt) % too high?
Brookfield Asset Management's current ROC (Joel Greenblatt) % of 4,125.41% is near median its 10-year median of 4,397.31. Over the past 10 years, this metric has ranged from a low of 3,735.15 to a high of 4,587.91. The Asset Management industry median ROC (Joel Greenblatt) % is 64.34. Brookfield Asset Management's value of 4,125.41% is 6311.9% above this industry median. Based on the distribution chart, Brookfield Asset Management ranks #54 out of 626 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Brookfield Asset Management has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brookfield Asset Management's ROC (Joel Greenblatt) % compare to BLK and BX?
According to the Asset Management industry distribution chart, Brookfield Asset Management ranks #54 out of 626 companies for ROC (Joel Greenblatt) %. This places Brookfield Asset Management in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 64.34. Brookfield Asset Management's value of 4,125.41% is 6311.9% above this benchmark. Historically, Brookfield Asset Management's own ROC (Joel Greenblatt) % has ranged from 3,735.15 to 4,587.91 over the past decade. While the company's 10-year median is 4,397.31 vs. the industry median of 64.34, Brookfield Asset Management has consistently been above 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 ROC (Joel Greenblatt) % for an Asset Management company?
The median ROC (Joel Greenblatt) % among Asset Management companies is 64.34, based on 626 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. Brookfield Asset Management's current ROC (Joel Greenblatt) % of 4,125.41% is 6311.9% above 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 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 Brookfield Asset Management and its competitors. For the Asset Management industry, the median ROC (Joel Greenblatt) % is 64.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brookfield Asset Management's current ROC (Joel Greenblatt) % is 4,125.41%, which is near median its own 10-year median of 4,397.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brookfield Asset Management stock overvalued right now?
Based on GuruFocus' analysis, Brookfield Asset Management (BAM) is currently considered Modestly Undervalued. The stock's GF Value™ is $56.06, compared to a current price of $44.01 — trading 21.5% below its estimated fair value. The current ROC (Joel Greenblatt) % is 4,125.41%, which is near median its 10-year median of 4,397.31 and 6311.9% above the Asset Management industry median of 64.34. Brookfield Asset Management's overall GF Score™ is 61/100 with 2 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 Brookfield Asset Management (BAM), the current ROC (Joel Greenblatt) % is 4,125.41% 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 Brookfield Asset Management (BAM) Overvalued in 2026?
Based on GuruFocus' analysis, Brookfield Asset Management stock appears to be undervalued.
The current stock price of $44.01 is trading 21.5% below its estimated GF Value™ of $56.06.
GuruFocus considers Brookfield Asset Management to be Modestly Undervalued.
Key valuation signals for BAM:
ROC (Joel Greenblatt) %: 4,125.41% (near median its 10-year median of 4,397.31)
GF Value™: $56.06 vs. price of $44.01 (21.5% below fair value)
Industry Position: 6311.9% above the Asset Management median (#54 of 626)
No single metric tells the full story. See the BAM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Brookfield Asset Management is one of the world's largest alternative-asset managers, with USD 1.181 trillion in total managed assets, including USD 602.7 billion in fee-earning AUM, at the end of 2025. The company has three main business segments: credit strategies (USD 363.0 billion in total AUM and USD 279.4 billion in fee-earning AUM), private equity (USD 155.0 billion/USD 48.0 billion), and real estate/real assets (USD 663.0 billion/USD 275.3 billion). The firm primarily serves institutional investors (90% of AUM) and high-net-worth individuals (10%), and is diversified globally, with 67% of revenue from the Americas, 20% from EMEA, and 13% from Asia-Pacific. Canada-based Brookfield Corp. owns 73% of Brookfield's outstanding Class A shares.
61GF Score
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