Bertrandt AG (FRA:BDT) ROC (Joel Greenblatt) %: 0.00% (As of Mar. 2026)

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FRA:BDT Bertrandt AG FRA:BDT
51 GF Score
Price €8.56
GF Value €16.24
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Bertrandt AG ROC (Joel Greenblatt) %?

Bertrandt AG FRA:BDT +2.15% 51 ROC (Joel Greenblatt) % is 0.00% as of Mar. 2026. GuruFocus rates FRA:BDT with a GF Score™ of 51/100 and a GF Value™ of €16.24 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 1,332 Vehicles & Parts companies, Bertrandt AG ranks worse than 89.11% 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. Bertrandt AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.00%.

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

FRA:BDT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -24.95   Med: 10.05   Max: 37.18
Current: -12.19

During the past 13 years, Bertrandt AG's highest ROC (Joel Greenblatt) % was 37.18%. The lowest was -24.95%. And the median was 10.05%.

FRA:BDT's ROC (Joel Greenblatt) % is ranked worse than
89.11% of 1332 companies
in the Vehicles & Parts industry
Industry Median: 12.02 vs FRA:BDT: -12.19

Bertrandt AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Bertrandt AG  (FRA:BDT) 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.


Bertrandt AG ROC (Joel Greenblatt) % Related Terms


Bertrandt AG ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Bertrandt AG'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.

Bertrandt AG ROC (Joel Greenblatt) % Chart

Bertrandt AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.00 8.86 11.23 -24.95 -11.28

Bertrandt AG Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -18.76 -36.37 4.33 0.63 0.00

FRA:BDT vs ORLY, AZO: ROC (Joel Greenblatt) % Comparison

For the Auto Parts subindustry, Bertrandt 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.


Bertrandt AG ROC (Joel Greenblatt) % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Bertrandt AG's ROC (Joel Greenblatt) % distribution charts can be found below:

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


FRA:BDT
51GF Score
Bertrandt AG FRA:BDT
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bertrandt 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:

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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 0) - (0 + 0 + 0)
=0

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(124.853 + 0.913 + 25.246) - (22.319 + 0 + 139.74)
=-11.047

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bertrandt AG for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=0/( ( (0 + max(0, 0)) + (239.162 + max(-11.047, 0)) )/ 1 )
=0/( ( 0 + 239.162 )/ 1 )
=0/239.162
=0.00 %

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 0.00% mean?
Bertrandt AG (FRA:BDT) has a ROC (Joel Greenblatt) % of 0.00% 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 Bertrandt AG and its competitors. According to the industry distribution chart, Bertrandt AG ranks #1187 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 89.1%.
Is Bertrandt AG's ROC (Joel Greenblatt) % too high?
Bertrandt AG's current ROC (Joel Greenblatt) % is 0.00%. Based on the distribution chart, Bertrandt AG ranks #1187 out of 1332 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, Bertrandt AG has a GF Score™ of 51/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bertrandt AG's ROC (Joel Greenblatt) % compare to ORLY and AZO?
According to the Vehicles & Parts industry distribution chart, Bertrandt AG ranks #1187 out of 1332 companies for ROC (Joel Greenblatt) %. This places Bertrandt AG in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 12.02. 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. 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 Bertrandt 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. Bertrandt AG's current ROC (Joel Greenblatt) % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bertrandt AG stock overvalued right now?
Based on GuruFocus' analysis, Bertrandt AG (FRA:BDT) is currently considered Significantly Undervalued. The stock's GF Value™ is €16.24, compared to a current price of €8.56 — trading 47.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 0.00%. Bertrandt AG's overall GF Score™ is 51/100 with 2 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 Bertrandt AG (FRA:BDT), the current ROC (Joel Greenblatt) % is 0.00% 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 Bertrandt AG (FRA:BDT) Overvalued in 2026?

Based on GuruFocus' analysis, Bertrandt AG stock appears to be undervalued. The current stock price of €8.56 is trading 47.3% below its estimated GF Value™ of €16.24. GuruFocus considers Bertrandt AG to be Significantly Undervalued.

Key valuation signals for FRA:BDT:

  • ROC (Joel Greenblatt) %: 0.00%
  • GF Value™: €16.24 vs. price of €8.56 (47.3% below fair value)
  • GF Score™: 51/100 with 2 warning signs

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


Bertrandt AG Business Description

Address Birkensee 1, Ehningen, DEU, 71139
Bertrandt AG is an international engineering services provider mainly serving the automotive industry, as well as the aerospace, defence, rail, and industrial sectors. The company provides development services, including design, simulation, software and electronics development, testing, validation, and production-related services. Its activities are organized mainly into the Digital Engineering segment, which bundles vehicle and system development services, and the Physical Engineering segment, which focuses on testing, validation, and technical services. The majority of its revenue is generated from the Digital Engineering segment. The company operates in Germany and Europe, with additional operations in North America, Africa, and Asia.
51GF Score

Get the complete analysis for FRA:BDT

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

€8.56
Price
€16.24
GF Value