BICMF (BIC Camera) ROC (Joel Greenblatt) %: 29.95% (As of Feb. 2026) — 88% Above Median


What is BIC Camera ROC (Joel Greenblatt) %?

BIC Camera BICMF 72 ROC (Joel Greenblatt) % is 29.95% as of Feb. 2026, which is 88% above its 10-year median of 15.97. GuruFocus rates BICMF with a GF Score™ of 72/100. The stock has 2 warning signs investors should review. Among 1,121 Retail - Cyclical companies, BIC Camera ranks better than 67.44% 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. BIC Camera's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 29.95%.

The historical rank and industry rank for BIC Camera's ROC (Joel Greenblatt) % or its related term are showing as below:

BICMF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 7.15   Med: 15.97   Max: 21.42
Current: 21.84

During the past 13 years, BIC Camera's highest ROC (Joel Greenblatt) % was 21.42%. The lowest was 7.15%. And the median was 15.97%.

BICMF's ROC (Joel Greenblatt) % is ranked better than
67.44% of 1121 companies
in the Retail - Cyclical industry
Industry Median: 11.49 vs BICMF: 21.84

BIC Camera's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 12.90% per year.


BIC Camera  (OTCPK:BICMF) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


BIC Camera ROC (Joel Greenblatt) % Related Terms


BIC Camera ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for BIC Camera'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.

BIC Camera ROC (Joel Greenblatt) % Chart

BIC Camera Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.39 9.44 6.91 16.37 21.34

BIC Camera Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
ROC (Joel Greenblatt) % 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 28.12 25.48 11.91 20.09 29.95

BICMF vs CASY, WSM, DKS: ROC (Joel Greenblatt) % Comparison

For the Specialty Retail subindustry, BIC Camera'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.


BIC Camera ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BIC Camera's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where BIC Camera's ROC (Joel Greenblatt) % falls into.



BIC Camera 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Nov. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(432.883 + 882.841 + 250.412) - (509.046 + 0 + 556.313)
=500.777

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(394.935 + 866.142 + 224.975) - (435.772 + 0 + 525.166)
=525.114

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of BIC Camera for the quarter that ended in Feb. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Feb. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Nov. 2025  Q: Feb. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=306.356/( ( (511.335 + max(500.777, 0)) + (508.692 + max(525.114, 0)) )/ 2 )
=306.356/( ( 1012.112 + 1033.806 )/ 2 )
=306.356/1022.959
=29.95 %

Note: The EBIT data used here is four times the quarterly (Feb. 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 29.95% mean?
BIC Camera (BICMF) has a ROC (Joel Greenblatt) % of 29.95% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on BIC Camera and its competitors. This is 88% above median its historical median of 15.97. Over the past decade, BIC Camera's ROC (Joel Greenblatt) % has ranged from 7.15 to 21.42. According to the industry distribution chart, BIC Camera ranks #365 out of 1121 companies in the Retail - Cyclical industry, placing it in the top 32.6%.
Is BIC Camera's ROC (Joel Greenblatt) % too high?
BIC Camera's current ROC (Joel Greenblatt) % of 29.95% is 88% above median its 10-year median of 15.97. Over the past 10 years, this metric has ranged from a low of 7.15 to a high of 21.42. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.49. BIC Camera's value of 29.95% is 160.7% above this industry median. Based on the distribution chart, BIC Camera ranks #365 out of 1121 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, BIC Camera has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does BIC Camera's ROC (Joel Greenblatt) % compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, BIC Camera ranks #365 out of 1121 companies for ROC (Joel Greenblatt) %. This puts BIC Camera in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.49. BIC Camera's value of 29.95% is 160.7% above this benchmark. Historically, BIC Camera's own ROC (Joel Greenblatt) % has ranged from 7.15 to 21.42 over the past decade. While the company's 10-year median is 15.97 vs. the industry median of 11.49, BIC Camera 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.49, based on 1,121 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. BIC Camera's current ROC (Joel Greenblatt) % of 29.95% is 160.7% 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 BIC Camera and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BIC Camera's current ROC (Joel Greenblatt) % is 29.95%, which is 88% above median its own 10-year median of 15.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BIC Camera stock overvalued right now?
BIC Camera (BICMF) has a current ROC (Joel Greenblatt) % of 29.95%. The current ROC (Joel Greenblatt) % is 29.95%, which is 88% above median its 10-year median of 15.97 and 160.7% above the Retail - Cyclical industry median of 11.49. BIC Camera's overall GF Score™ is 72/100 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 BIC Camera (BICMF), the current ROC (Joel Greenblatt) % is 29.95% as of Feb. 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.

BIC Camera Business Description

Other Exchanges 3048:Japan
Address 3-23-23, Takada, Toshima-ku, Tokyo, JPN, 171-0033
BIC Camera Inc is a consumer electronic retailer in Japan. The selection of merchandise is diverse: audio and video equipment, laptops and computers, cameras, televisions, and mobile phones, among others. The company sells products through both stores and online shopping sites. Additionally, the company also provides satellite and cable TV broadcasting services, installation services, repair services, a radio advertising business, and other services.