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Bayerische Motoren Werke AGCHIX:BMWD 70 ROC (Joel Greenblatt) % is 9.63% as of Mar. 2026, which is 41% below its 10-year median of 16.19. GuruFocus rates CHIX:BMWD with a GF Score™ of 70/100 and a GF Value™ of €83.00 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Bayerische Motoren Werke AG ranks worse than 53.75% 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. Bayerische Motoren Werke AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.63%.
The historical rank and industry rank for Bayerische Motoren Werke AG's ROC (Joel Greenblatt) % or its related term are showing as below:
CHIX:BMWd'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 6.72 Med: 16.19 Max: 28.41
Current: 10.67
During the past 13 years, Bayerische Motoren Werke AG's highest ROC (Joel Greenblatt) % was 28.41%. The lowest was 6.72%. And the median was 16.19%.
CHIX:BMWd's ROC (Joel Greenblatt) % is ranked worse than 53.75% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 12.02
vs CHIX:BMWd: 10.67
Bayerische Motoren Werke AG (CHIX:BMWd) 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.
* 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.
Bayerische Motoren Werke AG ROC (Joel Greenblatt) % Chart
CHIX:BMWD vs TSLA, GM, F: ROC (Joel Greenblatt) % Comparison
For the Auto Manufacturers subindustry, Bayerische Motoren Werke AG'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.
Bayerische Motoren Werke AG ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Bayerische Motoren Werke AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bayerische Motoren Werke AG's ROC (Joel Greenblatt) % falls into.
Bayerische Motoren Werke AG 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 9.63% mean?
Bayerische Motoren Werke AG (CHIX:BMWD) has a ROC (Joel Greenblatt) % of 9.63% 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 Bayerische Motoren Werke AG and its competitors. This is 41% below median its historical median of 16.19. Over the past decade, Bayerische Motoren Werke AG's ROC (Joel Greenblatt) % has ranged from 6.72 to 28.41. According to the industry distribution chart, Bayerische Motoren Werke AG ranks #716 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 53.8%.
Is Bayerische Motoren Werke AG's ROC (Joel Greenblatt) % too high?
Bayerische Motoren Werke AG's current ROC (Joel Greenblatt) % of 9.63% is 41% below median its 10-year median of 16.19. Over the past 10 years, this metric has ranged from a low of 6.72 to a high of 28.41. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 12.02. Bayerische Motoren Werke AG's value of 9.63% is 19.9% below this industry median. Based on the distribution chart, Bayerische Motoren Werke AG ranks #716 out of 1332 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Bayerische Motoren Werke AG has a GF Score™ of 70/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bayerische Motoren Werke AG's ROC (Joel Greenblatt) % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Bayerische Motoren Werke AG ranks #716 out of 1332 companies for ROC (Joel Greenblatt) %. This places Bayerische Motoren Werke AG in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.02. Bayerische Motoren Werke AG's value of 9.63% is 19.9% below this benchmark. Historically, Bayerische Motoren Werke AG's own ROC (Joel Greenblatt) % has ranged from 6.72 to 28.41 over the past decade. While the company's 10-year median is 16.19 vs. the industry median of 12.02, Bayerische Motoren Werke AG 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 12.02, based on 1,332 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. Bayerische Motoren Werke AG's current ROC (Joel Greenblatt) % of 9.63% is 19.9% 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 Bayerische Motoren Werke AG and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 12.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bayerische Motoren Werke AG's current ROC (Joel Greenblatt) % is 9.63%, which is 41% below median its own 10-year median of 16.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bayerische Motoren Werke AG stock overvalued right now?
Based on GuruFocus' analysis, Bayerische Motoren Werke AG (CHIX:BMWD) is currently considered Modestly Undervalued. The stock's GF Value™ is €83.00, compared to a current price of €60.52 — trading 27.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 9.63%, which is 41% below median its 10-year median of 16.19 and 19.9% below the Vehicles & Parts industry median of 12.02. Bayerische Motoren Werke AG's overall GF Score™ is 70/100 with 3 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 Bayerische Motoren Werke AG (CHIX:BMWD), the current ROC (Joel Greenblatt) % is 9.63% 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 Bayerische Motoren Werke AG (CHIX:BMWD) Overvalued in 2026?
Based on GuruFocus' analysis, Bayerische Motoren Werke AG stock appears to be undervalued.
The current stock price of €60.52 is trading 27.1% below its estimated GF Value™ of €83.00.
GuruFocus considers Bayerische Motoren Werke AG to be Modestly Undervalued.
Key valuation signals for CHIX:BMWD:
ROC (Joel Greenblatt) %: 9.63% (41% below median its 10-year median of 16.19)
GF Value™: €83.00 vs. price of €60.52 (27.1% below fair value)
Industry Position: 19.9% below the Vehicles & Parts median (#716 of 1332)
No single metric tells the full story. See the CHIX:BMWD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BMW is a premium passenger car and motorcycle original equipment manufacturer, home to the brands BMW, Mini Cooper, Rolls-Royce, and BMW Motorrad. BMW sold 2.7 million vehicles in 2025, or which 2.5 million were passenger cars. In terms of sales volume, Europe and Asia are BMW's largest regions, contributing 43% and 33%, respectively. BMW's core competence is in the "affordable" luxury channel, with limited exposure to high-end vehicles.
70GF Score
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