Bird ConstructionFRA:6LT +0.46%64 ROC (Joel Greenblatt) % is 28.69% as of Mar. 2026, which is 48% below its 10-year median of 54.78. GuruFocus rates FRA:6LT with a GF Score™ of 64/100 and a GF Value™ of €15.91 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,778 Construction companies, Bird Construction ranks better than 70.81% 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. Bird Construction's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 28.69%.
The historical rank and industry rank for Bird Construction's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:6LT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.19 Med: 54.78 Max: 94.36
Current: 38.69
During the past 13 years, Bird Construction's highest ROC (Joel Greenblatt) % was 94.36%. The lowest was 0.19%. And the median was 54.78%.
FRA:6LT's ROC (Joel Greenblatt) % is ranked better than 70.81% of 1778
companies
in the Construction industry
Industry Median: 19.425
vs FRA:6LT: 38.69
Bird Construction's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -0.60% per year.
Bird Construction (FRA:6LT) 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.
Bird Construction ROC (Joel Greenblatt) % Related Terms
Bird Construction ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Bird Construction'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.
FRA:6LT vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Bird Construction'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.
Bird Construction ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Bird Construction's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bird Construction's ROC (Joel Greenblatt) % falls into.
Bird Construction 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 28.69% mean?
Bird Construction (FRA:6LT) has a ROC (Joel Greenblatt) % of 28.69% 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 Bird Construction and its competitors. This is 48% below median its historical median of 54.78. Over the past decade, Bird Construction's ROC (Joel Greenblatt) % has ranged from 0.19 to 94.36. According to the industry distribution chart, Bird Construction ranks #519 out of 1778 companies in the Construction industry, placing it in the top 29.2%.
Is Bird Construction's ROC (Joel Greenblatt) % too high?
Bird Construction's current ROC (Joel Greenblatt) % of 28.69% is 48% below median its 10-year median of 54.78. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 94.36. The Construction industry median ROC (Joel Greenblatt) % is 19.43. Bird Construction's value of 28.69% is 47.7% above this industry median. Based on the distribution chart, Bird Construction ranks #519 out of 1778 companies in the Construction industry, which is above the industry midpoint. Overall, Bird Construction has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bird Construction's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Bird Construction ranks #519 out of 1778 companies for ROC (Joel Greenblatt) %. This puts Bird Construction in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 19.43. Bird Construction's value of 28.69% is 47.7% above this benchmark. Historically, Bird Construction's own ROC (Joel Greenblatt) % has ranged from 0.19 to 94.36 over the past decade. While the company's 10-year median is 54.78 vs. the industry median of 19.43, Bird Construction 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 Construction company?
The median ROC (Joel Greenblatt) % among Construction companies is 19.43, based on 1,778 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. Bird Construction's current ROC (Joel Greenblatt) % of 28.69% is 47.7% 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 Bird Construction and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bird Construction's current ROC (Joel Greenblatt) % is 28.69%, which is 48% below median its own 10-year median of 54.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bird Construction stock overvalued right now?
Based on GuruFocus' analysis, Bird Construction (FRA:6LT) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.91, compared to a current price of €39.50 — trading 148.3% above its estimated fair value. The current ROC (Joel Greenblatt) % is 28.69%, which is 48% below median its 10-year median of 54.78 and 47.7% above the Construction industry median of 19.43. Bird Construction's overall GF Score™ is 64/100 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 Bird Construction (FRA:6LT), the current ROC (Joel Greenblatt) % is 28.69% 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 Bird Construction (FRA:6LT) Overvalued in 2026?
Based on GuruFocus' analysis, Bird Construction stock appears to be overvalued.
The current stock price of €39.50 is trading 148.3% above its estimated GF Value™ of €15.91.
GuruFocus considers Bird Construction to be Significantly Overvalued.
Key valuation signals for FRA:6LT:
ROC (Joel Greenblatt) %: 28.69% (48% below median its 10-year median of 54.78)
GF Value™: €15.91 vs. price of €39.50 (148.3% above fair value)
Industry Position: 47.7% above the Construction median (#519 of 1778)
No single metric tells the full story. See the FRA:6LT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bird Construction Inc. is a construction company operating from coast to coast and servicing all Canada's markets. The group provides a comprehensive range of construction services, self-perform capabilities, and solutions to the industrial, buildings, and infrastructure markets. The Company uses a variety of contract delivery methods including construction management, cost reimbursable, integrated project delivery (IPD), alliance agreement, progressive design-build - target price, progressive design build, design-build finance, design-build, stipulated sum, unit price, and public private partnership (PPP) contract delivery methods.
64GF Score
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