Almacenes Exito (BOG:EXITO) ROC (Joel Greenblatt) %: 22.89% (As of Mar. 2026) — 80% Above Median


BOG:EXITO Almacenes Exito SA BOG:EXITO
70 GF Score
Price COP4,790.00
GF Value COP2,854.72
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Almacenes Exito ROC (Joel Greenblatt) %?

Almacenes Exito BOG:EXITO +0.74% 70 ROC (Joel Greenblatt) % is 22.89% as of Mar. 2026, which is 80% above its 10-year median of 12.71. GuruFocus rates BOG:EXITO with a GF Score™ of 70/100 and a GF Value™ of COP2,854.72 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,124 Retail - Cyclical companies, Almacenes Exito ranks better than 70.28% 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. Almacenes Exito's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.89%.

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

BOG:EXITO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 5.23   Med: 12.71   Max: 23.25
Current: 23.25

During the past 13 years, Almacenes Exito's highest ROC (Joel Greenblatt) % was 23.25%. The lowest was 5.23%. And the median was 12.71%.

BOG:EXITO's ROC (Joel Greenblatt) % is ranked better than
70.28% of 1124 companies
in the Retail - Cyclical industry
Industry Median: 11.525 vs BOG:EXITO: 23.25

Almacenes Exito's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 4.00% per year.


Almacenes Exito  (BOG:EXITO) 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.


Almacenes Exito ROC (Joel Greenblatt) % Related Terms


Almacenes Exito ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Almacenes Exito'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.

Almacenes Exito ROC (Joel Greenblatt) % Chart

Almacenes Exito Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.51 14.80 14.49 11.67 21.05

Almacenes Exito Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.46 18.89 19.89 31.47 22.89

BOG:EXITO vs DDS, M: ROC (Joel Greenblatt) % Comparison

For the Department Stores subindustry, Almacenes Exito'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.


Almacenes Exito ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

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

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


BOG:EXITO
70GF Score
Almacenes Exito SA BOG:EXITO
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Almacenes Exito 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(586706 + 2718202 + 579471) - (4444159 + 0 + 352214)
=-911994

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(422009 + 2781826 + 612895) - (4317120 + 0 + 268437)
=-768827

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Almacenes Exito for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1301520/( ( (5711917 + max(-911994, 0)) + (5661312 + max(-768827, 0)) )/ 2 )
=1301520/( ( 5711917 + 5661312 )/ 2 )
=1301520/5686614.5
=22.89 %

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 22.89% mean?
Almacenes Exito (BOG:EXITO) has a ROC (Joel Greenblatt) % of 22.89% 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 Almacenes Exito and its competitors. This is 80% above median its historical median of 12.71. Over the past decade, Almacenes Exito's ROC (Joel Greenblatt) % has ranged from 5.23 to 23.25. According to the industry distribution chart, Almacenes Exito ranks #334 out of 1124 companies in the Retail - Cyclical industry, placing it in the top 29.7%.
Is Almacenes Exito's ROC (Joel Greenblatt) % too high?
Almacenes Exito's current ROC (Joel Greenblatt) % of 22.89% is 80% above median its 10-year median of 12.71. Over the past 10 years, this metric has ranged from a low of 5.23 to a high of 23.25. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.53. Almacenes Exito's value of 22.89% is 98.6% above this industry median. Based on the distribution chart, Almacenes Exito ranks #334 out of 1124 companies in the Retail - Cyclical industry, which is above the industry midpoint. Overall, Almacenes Exito has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Almacenes Exito's ROC (Joel Greenblatt) % compare to DDS and M?
According to the Retail - Cyclical industry distribution chart, Almacenes Exito ranks #334 out of 1124 companies for ROC (Joel Greenblatt) %. This puts Almacenes Exito in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.53. Almacenes Exito's value of 22.89% is 98.6% above this benchmark. Historically, Almacenes Exito's own ROC (Joel Greenblatt) % has ranged from 5.23 to 23.25 over the past decade. While the company's 10-year median is 12.71 vs. the industry median of 11.53, Almacenes Exito 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 11.53, based on 1,124 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. Almacenes Exito's current ROC (Joel Greenblatt) % of 22.89% is 98.6% 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 Almacenes Exito and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Almacenes Exito's current ROC (Joel Greenblatt) % is 22.89%, which is 80% above median its own 10-year median of 12.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almacenes Exito stock overvalued right now?
Based on GuruFocus' analysis, Almacenes Exito (BOG:EXITO) is currently considered Significantly Overvalued. The stock's GF Value™ is COP2,854.72, compared to a current price of COP4,790.00 — trading 67.8% above its estimated fair value. The current ROC (Joel Greenblatt) % is 22.89%, which is 80% above median its 10-year median of 12.71 and 98.6% above the Retail - Cyclical industry median of 11.53. Almacenes Exito's overall GF Score™ is 70/100 with 8 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 Almacenes Exito (BOG:EXITO), the current ROC (Joel Greenblatt) % is 22.89% 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 Almacenes Exito (BOG:EXITO) Overvalued in 2026?

Based on GuruFocus' analysis, Almacenes Exito stock appears to be overvalued. The current stock price of COP4,790.00 is trading 67.8% above its estimated GF Value™ of COP2,854.72. GuruFocus considers Almacenes Exito to be Significantly Overvalued.

Key valuation signals for BOG:EXITO:

  • ROC (Joel Greenblatt) %: 22.89% (80% above median its 10-year median of 12.71)
  • GF Value™: COP2,854.72 vs. price of COP4,790.00 (67.8% above fair value)
  • GF Score™: 70/100 with 8 warning signs
  • Industry Position: 98.6% above the Retail - Cyclical median (#334 of 1124)

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


Almacenes Exito Business Description

Address Carrera 48 No. 32 B Sur 139, Las Vegas Avenue, Envigado, COL, 3479
Almacenes Exito SA is a Colombian retailer that operates in its homeland and overseas. The company operates under three reportable segments Grupo Exito, Carulla, Low cost, and others in Colombia; Libertad in Argentina; and Disco, Devoto, and Geant chains in Uruguay. Exito has an omnichannel, multiformat, and multibrand model. Its store offerings include groceries and food, clothing, home appliances, oil-based liquid fuels, biofuels, personal care products, and home entertainment electronic and digital products.
70GF Score

Get the complete analysis for BOG:EXITO

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

COP4,790.00
Price
COP2,854.72
GF Value