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Beijing Enterprises Environment GroupFRA:BJG +1.35%52 ROC (Joel Greenblatt) % is 68.62% as of Dec. 2025, which is 63% above its 10-year median of 42.02. GuruFocus rates FRA:BJG with a GF Score™ of 52/100 and a GF Value™ of €0.03 (Modestly Overvalued). The stock has 2 warning signs investors should review. Among 244 Waste Management companies, Beijing Enterprises Environment Group ranks better than 93.85% 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. Beijing Enterprises Environment Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 68.62%.
FRA:BJG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.01 Med: 42.02 Max: 74.97
Current: 72.42
During the past 13 years, Beijing Enterprises Environment Group's highest ROC (Joel Greenblatt) % was 74.97%. The lowest was 19.01%. And the median was 42.02%.
FRA:BJG's ROC (Joel Greenblatt) % is ranked better than 93.85% of 244
companies
in the Waste Management industry
Industry Median: 11.48
vs FRA:BJG: 72.42
Beijing Enterprises Environment Group (FRA:BJG) 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.
Beijing Enterprises Environment Group ROC (Joel Greenblatt) % Chart
FRA:BJG vs WM, RSG, WCN: ROC (Joel Greenblatt) % Comparison
For the Waste Management subindustry, Beijing Enterprises Environment Group'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.
Beijing Enterprises Environment Group ROC (Joel Greenblatt) % vs Waste Management Industry
For the Waste Management industry and Industrials sector, Beijing Enterprises Environment Group's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Beijing Enterprises Environment Group's ROC (Joel Greenblatt) % falls into.
Beijing Enterprises Environment Group 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 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 68.62% mean?
Beijing Enterprises Environment Group (FRA:BJG) has a ROC (Joel Greenblatt) % of 68.62% 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 Beijing Enterprises Environment Group and its competitors. This is 63% above median its historical median of 42.02. Over the past decade, Beijing Enterprises Environment Group's ROC (Joel Greenblatt) % has ranged from 19.01 to 74.97. According to the industry distribution chart, Beijing Enterprises Environment Group ranks #15 out of 244 companies in the Waste Management industry, placing it in the top 6.1%.
Is Beijing Enterprises Environment Group's ROC (Joel Greenblatt) % too high?
Beijing Enterprises Environment Group's current ROC (Joel Greenblatt) % of 68.62% is 63% above median its 10-year median of 42.02. Over the past 10 years, this metric has ranged from a low of 19.01 to a high of 74.97. The Waste Management industry median ROC (Joel Greenblatt) % is 11.48. Beijing Enterprises Environment Group's value of 68.62% is 497.7% above this industry median. Based on the distribution chart, Beijing Enterprises Environment Group ranks #15 out of 244 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Beijing Enterprises Environment Group has a GF Score™ of 52/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Beijing Enterprises Environment Group's ROC (Joel Greenblatt) % compare to WM and RSG?
According to the Waste Management industry distribution chart, Beijing Enterprises Environment Group ranks #15 out of 244 companies for ROC (Joel Greenblatt) %. This places Beijing Enterprises Environment Group in the top 6% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.48. Beijing Enterprises Environment Group's value of 68.62% is 497.7% above this benchmark. Historically, Beijing Enterprises Environment Group's own ROC (Joel Greenblatt) % has ranged from 19.01 to 74.97 over the past decade. While the company's 10-year median is 42.02 vs. the industry median of 11.48, Beijing Enterprises Environment Group 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 Waste Management company?
The median ROC (Joel Greenblatt) % among Waste Management companies is 11.48, based on 244 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. Beijing Enterprises Environment Group's current ROC (Joel Greenblatt) % of 68.62% is 497.7% 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 Beijing Enterprises Environment Group and its competitors. For the Waste Management industry, the median ROC (Joel Greenblatt) % is 11.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Beijing Enterprises Environment Group's current ROC (Joel Greenblatt) % is 68.62%, which is 63% above median its own 10-year median of 42.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Beijing Enterprises Environment Group stock overvalued right now?
Based on GuruFocus' analysis, Beijing Enterprises Environment Group (FRA:BJG) is currently considered Modestly Overvalued. The stock's GF Value™ is €0.03, compared to a current price of €0.04 — trading 25% above its estimated fair value. The current ROC (Joel Greenblatt) % is 68.62%, which is 63% above median its 10-year median of 42.02 and 497.7% above the Waste Management industry median of 11.48. Beijing Enterprises Environment Group's overall GF Score™ is 52/100 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 Beijing Enterprises Environment Group (FRA:BJG), the current ROC (Joel Greenblatt) % is 68.62% 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 Beijing Enterprises Environment Group (FRA:BJG) Overvalued in 2026?
Based on GuruFocus' analysis, Beijing Enterprises Environment Group stock appears to be overvalued.
The current stock price of €0.04 is trading 25% above its estimated GF Value™ of €0.03.
GuruFocus considers Beijing Enterprises Environment Group to be Modestly Overvalued.
Key valuation signals for FRA:BJG:
ROC (Joel Greenblatt) %: 68.62% (63% above median its 10-year median of 42.02)
GF Value™: €0.03 vs. price of €0.04 (25% above fair value)
Industry Position: 497.7% above the Waste Management median (#15 of 244)
No single metric tells the full story. See the FRA:BJG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Beijing Enterprises Environment Group Ltd is involved in the solid waste treatment business which comprises the provision of waste incineration plant construction and waste treatment services, and the sale of electricity and steam generated from waste incineration. Its reportable operating segments are as follows: the solid waste treatment segment engages in the provision of waste incineration plant construction and waste treatment services, and the sale of equipment, electricity and steam generated from waste incineration; and the others segment comprises corporate income and expense items and investment holding business. Its Household Waste Treatment Projects are Haidian Project, Gaoantun Project, Zhangjiagang Project and others. It generates maximum revenue from Solid waste treatment.
52GF Score
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