Bic (CHIX:BBP) ROC (Joel Greenblatt) %: 6.35% (As of Dec. 2025) — 77% Below Median

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CHIX:BBP Bic CHIX:BBP
76 GF Score
Price €61.35
GF Value €55.70
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Bic ROC (Joel Greenblatt) %?

Bic CHIX:BBP 76 ROC (Joel Greenblatt) % is 6.35% as of Dec. 2025, which is 77% below its 10-year median of 27.56. GuruFocus rates CHIX:BBP with a GF Score™ of 76/100 and a GF Value™ of €55.70 (Fairly Valued). The stock has 8 warning signs investors should review. Among 1,979 Consumer Packaged Goods companies, Bic ranks better than 55.18% 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's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.35%.

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

CHIX:BBp' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.63   Med: 27.56   Max: 44.22
Current: 13.83

During the past 13 years, Bic's highest ROC (Joel Greenblatt) % was 44.22%. The lowest was 13.63%. And the median was 27.56%.

CHIX:BBp's ROC (Joel Greenblatt) % is ranked better than
55.18% of 1979 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs CHIX:BBp: 13.83

Bic's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -2.80% per year.


Bic  (CHIX:BBp) 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 ROC (Joel Greenblatt) % Related Terms


Bic ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Bic'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 ROC (Joel Greenblatt) % Chart

Bic 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 44.22 26.89 29.25 28.23 14.41

Bic Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 25.45 27.74 26.28 20.74 6.35

CHIX:BBP vs PG, CL, KVUE: ROC (Joel Greenblatt) % Comparison

For the Household & Personal Products subindustry, Bic'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 ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bic's ROC (Joel Greenblatt) % distribution charts can be found below:

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


CHIX:BBP
76GF Score
Bic CHIX:BBP
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bic 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(542.368 + 531.782 + 71.572) - (227.129 + 0 + 285.569)
=633.024

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(363.884 + 477.64 + 79.532) - (179.757 + 0 + 254.935)
=486.364

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bic for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=72.808/( ( (583.474 + max(633.024, 0)) + (590.098 + max(486.364, 0)) )/ 2 )
=72.808/( ( 1216.498 + 1076.462 )/ 2 )
=72.808/1146.48
=6.35 %

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 6.35% mean?
Bic (CHIX:BBP) has a ROC (Joel Greenblatt) % of 6.35% 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 Bic and its competitors. This is 77% below median its historical median of 27.56. Over the past decade, Bic's ROC (Joel Greenblatt) % has ranged from 13.63 to 44.22. According to the industry distribution chart, Bic ranks #887 out of 1979 companies in the Consumer Packaged Goods industry, placing it in the top 44.8%.
Is Bic's ROC (Joel Greenblatt) % too high?
Bic's current ROC (Joel Greenblatt) % of 6.35% is 77% below median its 10-year median of 27.56. Over the past 10 years, this metric has ranged from a low of 13.63 to a high of 44.22. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. Bic's value of 6.35% is 47% below this industry median. Based on the distribution chart, Bic ranks #887 out of 1979 companies in the Consumer Packaged Goods industry, which is above the industry midpoint. Overall, Bic has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bic's ROC (Joel Greenblatt) % compare to PG and CL?
According to the Consumer Packaged Goods industry distribution chart, Bic ranks #887 out of 1979 companies for ROC (Joel Greenblatt) %. This puts Bic in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. Bic's value of 6.35% is 47% below this benchmark. Historically, Bic's own ROC (Joel Greenblatt) % has ranged from 13.63 to 44.22 over the past decade. While the company's 10-year median is 27.56 vs. the industry median of 11.99, Bic has consistently been below 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,979 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's current ROC (Joel Greenblatt) % of 6.35% is 47% below 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 and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bic's current ROC (Joel Greenblatt) % is 6.35%, which is 77% below median its own 10-year median of 27.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bic stock overvalued right now?
Based on GuruFocus' analysis, Bic (CHIX:BBP) is currently considered Fairly Valued. The stock's GF Value™ is €55.70, compared to a current price of €61.35 — trading 10.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 6.35%, which is 77% below median its 10-year median of 27.56 and 47% below the Consumer Packaged Goods industry median of 11.99. Bic's overall GF Score™ is 76/100 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 Bic (CHIX:BBP), the current ROC (Joel Greenblatt) % is 6.35% 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 Bic (CHIX:BBP) Overvalued in 2026?

Based on GuruFocus' analysis, Bic stock appears to be overvalued. The current stock price of €61.35 is trading 10.1% above its estimated GF Value™ of €55.70. GuruFocus considers Bic to be Fairly Valued.

Key valuation signals for CHIX:BBP:

  • ROC (Joel Greenblatt) %: 6.35% (77% below median its 10-year median of 27.56)
  • GF Value™: €55.70 vs. price of €61.35 (10.1% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 47% below the Consumer Packaged Goods median (#887 of 1979)

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


Bic Business Description

Address 12 Boulevard Victor Hugo, Clichy Cedex, Paris, FRA, 92110
Bic manufactures and markets writing instruments lighters shavers advertising and promotional products in France and globally. The company offers its products through various channels stationery stores office supplies companies convenience stores distributors wholesalers cash, and e-commerce. Its products include BIC 3, BIC Comfort 3, BIC Flex range BIC Flex Hybrid range BIC Pure 3 Lady BIC Soleil and Others. The company generates majority of the market is in North America followed by Europe and the developing markets of the Middle East Africa, and Asia.
76GF Score

Get the complete analysis for CHIX:BBP

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

€61.35
Price
€55.70
GF Value