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Baoye Group CoFRA:BKG +2.30%46 ROC (Joel Greenblatt) % is 21.35% as of Dec. 2025, which is 59% below its 10-year median of 51.53. GuruFocus rates FRA:BKG with a GF Score™ of 46/100 and a GF Value™ of €0.38 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,779 Construction companies, Baoye Group Co ranks worse than 50.87% 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. Baoye Group Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 21.35%.
The historical rank and industry rank for Baoye Group Co's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:BKG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.03 Med: 51.53 Max: 77.81
Current: 19.03
During the past 13 years, Baoye Group Co's highest ROC (Joel Greenblatt) % was 77.81%. The lowest was 19.03%. And the median was 51.53%.
FRA:BKG's ROC (Joel Greenblatt) % is ranked worse than 50.87% of 1779
companies
in the Construction industry
Industry Median: 19.62
vs FRA:BKG: 19.03
Baoye Group Co's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -14.60% per year.
Baoye Group Co (FRA:BKG) 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.
Baoye Group Co ROC (Joel Greenblatt) % Related Terms
Baoye Group Co ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Baoye Group Co'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:BKG vs PWR, FIX, EME: ROC (Joel Greenblatt) % Comparison
For the Engineering & Construction subindustry, Baoye Group Co'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.
Baoye Group Co ROC (Joel Greenblatt) % vs Construction Industry
For the Construction industry and Industrials sector, Baoye Group Co's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Baoye Group Co's ROC (Joel Greenblatt) % falls into.
Baoye Group Co 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 21.35% mean?
Baoye Group Co (FRA:BKG) has a ROC (Joel Greenblatt) % of 21.35% 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 Baoye Group Co and its competitors. This is 59% below median its historical median of 51.53. Over the past decade, Baoye Group Co's ROC (Joel Greenblatt) % has ranged from 19.03 to 77.81. According to the industry distribution chart, Baoye Group Co ranks #905 out of 1779 companies in the Construction industry, placing it in the top 50.9%.
Is Baoye Group Co's ROC (Joel Greenblatt) % too high?
Baoye Group Co's current ROC (Joel Greenblatt) % of 21.35% is 59% below median its 10-year median of 51.53. Over the past 10 years, this metric has ranged from a low of 19.03 to a high of 77.81. The Construction industry median ROC (Joel Greenblatt) % is 19.62. Baoye Group Co's value of 21.35% is 8.8% above this industry median. Based on the distribution chart, Baoye Group Co ranks #905 out of 1779 companies in the Construction industry, which is below the industry midpoint. Overall, Baoye Group Co has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Baoye Group Co's ROC (Joel Greenblatt) % compare to PWR and FIX?
According to the Construction industry distribution chart, Baoye Group Co ranks #905 out of 1779 companies for ROC (Joel Greenblatt) %. This places Baoye Group Co in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.62. Baoye Group Co's value of 21.35% is 8.8% above this benchmark. Historically, Baoye Group Co's own ROC (Joel Greenblatt) % has ranged from 19.03 to 77.81 over the past decade. While the company's 10-year median is 51.53 vs. the industry median of 19.62, Baoye Group Co 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 19.62, based on 1,779 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. Baoye Group Co's current ROC (Joel Greenblatt) % of 21.35% is 8.8% 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 Baoye Group Co and its competitors. For the Construction industry, the median ROC (Joel Greenblatt) % is 19.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baoye Group Co's current ROC (Joel Greenblatt) % is 21.35%, which is 59% below median its own 10-year median of 51.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baoye Group Co stock overvalued right now?
Based on GuruFocus' analysis, Baoye Group Co (FRA:BKG) is currently considered Fairly Valued. The stock's GF Value™ is €0.38, compared to a current price of €0.36 — trading 6.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 21.35%, which is 59% below median its 10-year median of 51.53 and 8.8% above the Construction industry median of 19.62. Baoye Group Co's overall GF Score™ is 46/100 with 7 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 Baoye Group Co (FRA:BKG), the current ROC (Joel Greenblatt) % is 21.35% 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 Baoye Group Co (FRA:BKG) Overvalued in 2026?
Based on GuruFocus' analysis, Baoye Group Co stock appears to be undervalued.
The current stock price of €0.36 is trading 6.3% below its estimated GF Value™ of €0.38.
GuruFocus considers Baoye Group Co to be Fairly Valued.
Key valuation signals for FRA:BKG:
ROC (Joel Greenblatt) %: 21.35% (59% below median its 10-year median of 51.53)
GF Value™: €0.38 vs. price of €0.36 (6.3% below fair value)
Industry Position: 8.8% above the Construction median (#905 of 1779)
No single metric tells the full story. See the FRA:BKG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Baoye Group Co Ltd is engaged in construction services. The operations of the company mainly comprise construction services, the sale and installation of building materials, and the development and sale of properties in the PRC. The company's reportable segments include Construction, Property development, Building materials, and others. The company generates maximum revenue from the Construction segment.
46GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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