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Brownie's Marine GroupBWMG +68.75% ROC (Joel Greenblatt) % is 64.80% as of Mar. 2026. The stock has 2 warning signs investors should review. Among 845 Travel & Leisure companies, Brownie's Marine Group ranks better than 64.02% 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. Brownie's Marine Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 64.80%.
The historical rank and industry rank for Brownie's Marine Group's ROC (Joel Greenblatt) % or its related term are showing as below:
BWMG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -378.34 Med: -64.61 Max: 112.45
Current: 17.51
During the past 13 years, Brownie's Marine Group's highest ROC (Joel Greenblatt) % was 112.45%. The lowest was -378.34%. And the median was -64.61%.
BWMG's ROC (Joel Greenblatt) % is ranked better than 64.02% of 845
companies
in the Travel & Leisure industry
Industry Median: 10
vs BWMG: 17.51
Brownie's Marine Group's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 64.60% per year.
Brownie's Marine Group (OTCPK:BWMG) 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.
Brownie's Marine Group ROC (Joel Greenblatt) % Related Terms
Brownie's Marine Group ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Brownie's Marine Group'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.
Brownie's Marine Group ROC (Joel Greenblatt) % Chart
BWMG vs TRUG, AIBT, SPQS: ROC (Joel Greenblatt) % Comparison
For the Leisure subindustry, Brownie's Marine Group'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.
Brownie's Marine Group ROC (Joel Greenblatt) % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Brownie's Marine Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Brownie's Marine Group's ROC (Joel Greenblatt) % falls into.
Brownie's Marine Group 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:
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 64.80% mean?
Brownie's Marine Group (BWMG) has a ROC (Joel Greenblatt) % of 64.80% 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 Brownie's Marine Group and its competitors. According to the industry distribution chart, Brownie's Marine Group ranks #304 out of 845 companies in the Travel & Leisure industry, placing it in the top 36%.
Is Brownie's Marine Group's ROC (Joel Greenblatt) % too high?
Brownie's Marine Group's current ROC (Joel Greenblatt) % is 64.80%. The Travel & Leisure industry median ROC (Joel Greenblatt) % is 10.00. Brownie's Marine Group's value of 64.80% is 548% above this industry median. Based on the distribution chart, Brownie's Marine Group ranks #304 out of 845 companies in the Travel & Leisure industry, which is above the industry midpoint.
How does Brownie's Marine Group's ROC (Joel Greenblatt) % compare to TRUG and AIBT?
According to the Travel & Leisure industry distribution chart, Brownie's Marine Group ranks #304 out of 845 companies for ROC (Joel Greenblatt) %. This puts Brownie's Marine Group in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.00. Brownie's Marine Group's value of 64.80% is 548% above this benchmark. 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 Travel & Leisure company?
The median ROC (Joel Greenblatt) % among Travel & Leisure companies is 10.00, based on 845 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. Brownie's Marine Group's current ROC (Joel Greenblatt) % of 64.80% is 548% 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 Brownie's Marine Group and its competitors. For the Travel & Leisure industry, the median ROC (Joel Greenblatt) % is 10.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Brownie's Marine Group's current ROC (Joel Greenblatt) % is 64.80%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brownie's Marine Group stock overvalued right now?
Based on GuruFocus' analysis, Brownie's Marine Group (BWMG) is currently considered Possible Value Trap. The stock's GF Value™ is $0.01, compared to a current price of $0.01 — trading 46% below its estimated fair value. The current ROC (Joel Greenblatt) % is 64.80% and 548% above the Travel & Leisure industry median of 10.00. 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 Brownie's Marine Group (BWMG), the current ROC (Joel Greenblatt) % is 64.80% 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.
Brownie's Marine Group Inc is a marine technology company that operates through its subsidiaries focused on portable air, underwater breathing, safety, and marine technologies. It designs, tests, manufactures and distributes recreational hookah diving, scuba and water safety products; high pressure air and industrial compressor packages, yacht-based scuba air compressor and nitrox generation systems. It develops and markets portable battery powered surface supplied air dive systems; and high-pressure tanks and redundant air systems for the military and recreational diving industries. It serves recreational, professional, safety, industrial, and government-adjacent markets. The company derives maximum revenue from Redundant Air Tank Systems.
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