Barco NVCHIX:BARB 74 ROC (Joel Greenblatt) % is 34.01% as of Dec. 2025, which is 11% above its 10-year median of 30.67. GuruFocus rates CHIX:BARB with a GF Score™ of 74/100 and a GF Value™ of €15.87. Among 2,489 Hardware companies, Barco NV ranks better than 73.52% 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. Barco NV's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 34.01%.
The historical rank and industry rank for Barco NV's ROC (Joel Greenblatt) % or its related term are showing as below:
CHIX:BARb'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -1.02 Med: 30.67 Max: 72.98
Current: 25.38
During the past 13 years, Barco NV's highest ROC (Joel Greenblatt) % was 72.98%. The lowest was -1.02%. And the median was 30.67%.
CHIX:BARb's ROC (Joel Greenblatt) % is ranked better than 73.52% of 2489
companies
in the Hardware industry
Industry Median: 10.36
vs CHIX:BARb: 25.38
Barco NV's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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 Barco NV'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.
CHIX:BARB vs APH, GLW, TEL: ROC (Joel Greenblatt) % Comparison
For the Electronic Components subindustry, Barco NV'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.
Barco NV ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Barco NV's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Barco NV'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 two times the semi-annual (Dec. 2025) 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 34.01% mean?
Barco NV (CHIX:BARB) has a ROC (Joel Greenblatt) % of 34.01% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Barco NV and its competitors. This is 11% above median its historical median of 30.67. According to the industry distribution chart, Barco NV ranks #659 out of 2489 companies in the Hardware industry, placing it in the top 26.5%.
Is Barco NV's ROC (Joel Greenblatt) % too high?
Barco NV's current ROC (Joel Greenblatt) % of 34.01% is 11% above median its 10-year median of 30.67. The Hardware industry median ROC (Joel Greenblatt) % is 10.36. Barco NV's value of 34.01% is 228.3% above this industry median. Based on the distribution chart, Barco NV ranks #659 out of 2489 companies in the Hardware industry, which is above the industry midpoint. Overall, Barco NV has a GF Score™ of 74/100, reflecting its overall financial health beyond just this single metric.
How does Barco NV's ROC (Joel Greenblatt) % compare to APH and GLW?
According to the Hardware industry distribution chart, Barco NV ranks #659 out of 2489 companies for ROC (Joel Greenblatt) %. This puts Barco NV in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.36. Barco NV's value of 34.01% is 228.3% above this benchmark. While the company's 10-year median is 30.67 vs. the industry median of 10.36, Barco NV 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.36, based on 2,489 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. Barco NV's current ROC (Joel Greenblatt) % of 34.01% is 228.3% 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 Barco NV and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barco NV's current ROC (Joel Greenblatt) % is 34.01%, which is 11% above median its own 10-year median of 30.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barco NV stock overvalued right now?
Barco NV (CHIX:BARB) has a current ROC (Joel Greenblatt) % of 34.01%. The stock's GF Value™ is €15.87, compared to a current price of €9.71 — trading 38.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 34.01%, which is 11% above median its 10-year median of 30.67 and 228.3% above the Hardware industry median of 10.36. Barco NV's overall GF Score™ is 74/100. 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 Barco NV (CHIX:BARB), the current ROC (Joel Greenblatt) % is 34.01% as of Dec. 2025. 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 Barco NV (CHIX:BARB) Overvalued in 2026?
Based on GuruFocus' analysis, Barco NV stock appears to be undervalued.
The current stock price of €9.71 is trading 38.8% below its estimated GF Value™ of €15.87.
Key valuation signals for CHIX:BARB:
ROC (Joel Greenblatt) %: 34.01% (11% above median its 10-year median of 30.67)
GF Value™: €15.87 vs. price of €9.71 (38.8% below fair value)
Industry Position: 228.3% above the Hardware median (#659 of 2489)
No single metric tells the full story. See the CHIX:BARB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Barco NV is an electronics company with three business segments: Entertainment, Enterprise, and Healthcare. The Entertainment business segment, which generates maximum revenue, comprises two business units; Cinema which offers the industry's complete range of laser and lamp-based cinema projectors, including image processing and audio solutions; and the Immersive Experience business unit, which offers solutions tailored to the specific needs of large venues, live events, themed entertainment (museums, theme parks, digital immersive art installations, projection mapping, etc.) and simulation applications: projection, image processing, and related services. Geographically, the group generates maximum revenue from the Americas, followed by EMEA and the Asia-Pacific regions.
74GF Score
Get the complete analysis for CHIX:BARB
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
CHIX:BARB has been successfully added to your 
