BudimexBDMXF 69 ROC (Joel Greenblatt) % is 41.94% as of Mar. 2026, which is 61% below its 10-year median of 107.69. GuruFocus rates BDMXF with a GF Score™ of 69/100 and a GF Value™ of $156.72 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,779 Construction companies, Budimex ranks better than 85.67% 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. Budimex's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 41.94%.
The historical rank and industry rank for Budimex's ROC (Joel Greenblatt) % or its related term are showing as below:
BDMXF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 82.75 Med: 107.69 Max: 520.46
Current: 86.3
During the past 13 years, Budimex's highest ROC (Joel Greenblatt) % was 520.46%. The lowest was 82.75%. And the median was 107.69%.
BDMXF's ROC (Joel Greenblatt) % is ranked better than 85.67% of 1779
companies
in the Construction industry
Industry Median: 19.59
vs BDMXF: 86.30
Budimex's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 1.90% per year.
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.
The historical data trend for Budimex'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.
BDMXF vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Budimex'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.
Budimex ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Budimex's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Budimex'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 41.94% mean?
Budimex (BDMXF) has a ROC (Joel Greenblatt) % of 41.94% 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 Budimex and its competitors. This is 61% below median its historical median of 107.69. Over the past decade, Budimex's ROC (Joel Greenblatt) % has ranged from 82.75 to 520.46. According to the industry distribution chart, Budimex ranks #255 out of 1779 companies in the Construction industry, placing it in the top 14.3%.
Is Budimex's ROC (Joel Greenblatt) % too high?
Budimex's current ROC (Joel Greenblatt) % of 41.94% is 61% below median its 10-year median of 107.69. Over the past 10 years, this metric has ranged from a low of 82.75 to a high of 520.46. The Construction industry median ROC (Joel Greenblatt) % is 19.59. Budimex's value of 41.94% is 114.1% above this industry median. Based on the distribution chart, Budimex ranks #255 out of 1779 companies in the Construction industry, which is in the top quartile — a strong position relative to peers. Overall, Budimex has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Budimex's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Budimex ranks #255 out of 1779 companies for ROC (Joel Greenblatt) %. This places Budimex in the top 14% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 19.59. Budimex's value of 41.94% is 114.1% above this benchmark. Historically, Budimex's own ROC (Joel Greenblatt) % has ranged from 82.75 to 520.46 over the past decade. While the company's 10-year median is 107.69 vs. the industry median of 19.59, Budimex 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 a Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.59, based on 1,779 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. Budimex's current ROC (Joel Greenblatt) % of 41.94% is 114.1% 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 Budimex and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Budimex's current ROC (Joel Greenblatt) % is 41.94%, which is 61% below median its own 10-year median of 107.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Budimex stock overvalued right now?
Based on GuruFocus' analysis, Budimex (BDMXF) is currently considered Modestly Overvalued. The stock's GF Value™ is $156.72, compared to a current price of $192.82 — trading 23% above its estimated fair value. The current ROC (Joel Greenblatt) % is 41.94%, which is 61% below median its 10-year median of 107.69 and 114.1% above the Construction industry median of 19.59. Budimex's overall GF Score™ is 69/100 with 7 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 Budimex (BDMXF), the current ROC (Joel Greenblatt) % is 41.94% 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 Budimex (BDMXF) Overvalued in 2026?
Based on GuruFocus' analysis, Budimex stock appears to be overvalued.
The current stock price of $192.82 is trading 23% above its estimated GF Value™ of $156.72.
GuruFocus considers Budimex to be Modestly Overvalued.
Key valuation signals for BDMXF:
ROC (Joel Greenblatt) %: 41.94% (61% below median its 10-year median of 107.69)
GF Value™: $156.72 vs. price of $192.82 (23% above fair value)
Industry Position: 114.1% above the Construction median (#255 of 1779)
No single metric tells the full story. See the BDMXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Budimex SA provides construction services, property development and management, and other systems to coordinate resources and construct complex structures. The company has two operating segments: Construction business and Service activities. The company generates a majority of its revenue from the Construction business segment, which covers the rendering of widely understood construction and assembly services at home and abroad. The segment of Service activities comprises comprehensive services in the field of municipal waste management, comprehensive road and lighting infrastructure maintenance, and technical operation (maintenance) of buildings. Geographically, the company generates maximum revenue from Poland, followed by Germany, Slovakia, Czechia, Latvia, and other EU countries.
69GF Score
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