Bremer Lagerhaus-Gesellschaft (HAM:BLH) ROC (Joel Greenblatt) %: 70.45% (As of Dec. 2025) — 453% Above Median

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HAM:BLH Bremer Lagerhaus-Gesellschaft HAM:BLH
68 GF Score
Price €9.70
GF Value €8.46
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Bremer Lagerhaus-Gesellschaft ROC (Joel Greenblatt) %?

Bremer Lagerhaus-Gesellschaft HAM:BLH 68 ROC (Joel Greenblatt) % is 70.45% as of Dec. 2025, which is 453% above its 10-year median of 12.73. GuruFocus rates HAM:BLH with a GF Score™ of 68/100 and a GF Value™ of €8.46 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 998 Transportation companies, Bremer Lagerhaus-Gesellschaft ranks better than 81.06% 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. Bremer Lagerhaus-Gesellschaft's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 70.45%.

The historical rank and industry rank for Bremer Lagerhaus-Gesellschaft's ROC (Joel Greenblatt) % or its related term are showing as below:

HAM:BLH' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -16.32   Med: 12.73   Max: 28.51
Current: 28.51

During the past 13 years, Bremer Lagerhaus-Gesellschaft's highest ROC (Joel Greenblatt) % was 28.51%. The lowest was -16.32%. And the median was 12.73%.

HAM:BLH's ROC (Joel Greenblatt) % is ranked better than
81.06% of 998 companies
in the Transportation industry
Industry Median: 11.73 vs HAM:BLH: 28.51

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


Bremer Lagerhaus-Gesellschaft  (HAM:BLH) 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.


Bremer Lagerhaus-Gesellschaft ROC (Joel Greenblatt) % Related Terms


Bremer Lagerhaus-Gesellschaft ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Bremer Lagerhaus-Gesellschaft'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.

Bremer Lagerhaus-Gesellschaft ROC (Joel Greenblatt) % Chart

Bremer Lagerhaus-Gesellschaft Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.62 12.98 10.83 22.20 19.44

Bremer Lagerhaus-Gesellschaft Semi-Annual Data
Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 21.42 0.54 45.84 1.64 70.45

HAM:BLH vs UPS, FDX, JBHT: ROC (Joel Greenblatt) % Comparison

For the Integrated Freight & Logistics subindustry, Bremer Lagerhaus-Gesellschaft'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.


Bremer Lagerhaus-Gesellschaft ROC (Joel Greenblatt) % vs Transportation Industry

For the Transportation industry and Industrials sector, Bremer Lagerhaus-Gesellschaft's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Bremer Lagerhaus-Gesellschaft's ROC (Joel Greenblatt) % falls into.


HAM:BLH
68GF Score
Bremer Lagerhaus-Gesellschaft HAM:BLH
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bremer Lagerhaus-Gesellschaft 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: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1.587 + 0 + 27.222) - (0.774 + 0 + 3.52)
=24.515

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(183.3 + 13.747 + 40.872) - (113.489 + 0 + 142.924)
=-18.494

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Bremer Lagerhaus-Gesellschaft for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=204.848/( ( (0 + max(24.515, 0)) + (557.047 + max(-18.494, 0)) )/ 2 )
=204.848/( ( 24.515 + 557.047 )/ 2 )
=204.848/290.781
=70.45 %

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 70.45% mean?
Bremer Lagerhaus-Gesellschaft (HAM:BLH) has a ROC (Joel Greenblatt) % of 70.45% 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 Bremer Lagerhaus-Gesellschaft and its competitors. This is 453% above median its historical median of 12.73. According to the industry distribution chart, Bremer Lagerhaus-Gesellschaft ranks #189 out of 998 companies in the Transportation industry, placing it in the top 18.9%.
Is Bremer Lagerhaus-Gesellschaft's ROC (Joel Greenblatt) % too high?
Bremer Lagerhaus-Gesellschaft's current ROC (Joel Greenblatt) % of 70.45% is 453% above median its 10-year median of 12.73. The Transportation industry median ROC (Joel Greenblatt) % is 11.73. Bremer Lagerhaus-Gesellschaft's value of 70.45% is 500.6% above this industry median. Based on the distribution chart, Bremer Lagerhaus-Gesellschaft ranks #189 out of 998 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Bremer Lagerhaus-Gesellschaft has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bremer Lagerhaus-Gesellschaft's ROC (Joel Greenblatt) % compare to UPS and FDX?
According to the Transportation industry distribution chart, Bremer Lagerhaus-Gesellschaft ranks #189 out of 998 companies for ROC (Joel Greenblatt) %. This places Bremer Lagerhaus-Gesellschaft in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.73. Bremer Lagerhaus-Gesellschaft's value of 70.45% is 500.6% above this benchmark. While the company's 10-year median is 12.73 vs. the industry median of 11.73, Bremer Lagerhaus-Gesellschaft 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.73, based on 998 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. Bremer Lagerhaus-Gesellschaft's current ROC (Joel Greenblatt) % of 70.45% is 500.6% 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 Bremer Lagerhaus-Gesellschaft and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bremer Lagerhaus-Gesellschaft's current ROC (Joel Greenblatt) % is 70.45%, which is 453% above median its own 10-year median of 12.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bremer Lagerhaus-Gesellschaft stock overvalued right now?
Based on GuruFocus' analysis, Bremer Lagerhaus-Gesellschaft (HAM:BLH) is currently considered Modestly Overvalued. The stock's GF Value™ is €8.46, compared to a current price of €9.70 — trading 14.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 70.45%, which is 453% above median its 10-year median of 12.73 and 500.6% above the Transportation industry median of 11.73. Bremer Lagerhaus-Gesellschaft's overall GF Score™ is 68/100 with 6 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 Bremer Lagerhaus-Gesellschaft (HAM:BLH), the current ROC (Joel Greenblatt) % is 70.45% 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 Bremer Lagerhaus-Gesellschaft (HAM:BLH) Overvalued in 2026?

Based on GuruFocus' analysis, Bremer Lagerhaus-Gesellschaft stock appears to be overvalued. The current stock price of €9.70 is trading 14.7% above its estimated GF Value™ of €8.46. GuruFocus considers Bremer Lagerhaus-Gesellschaft to be Modestly Overvalued.

Key valuation signals for HAM:BLH:

  • ROC (Joel Greenblatt) %: 70.45% (453% above median its 10-year median of 12.73)
  • GF Value™: €8.46 vs. price of €9.70 (14.7% above fair value)
  • GF Score™: 68/100 with 6 warning signs
  • Industry Position: 500.6% above the Transportation median (#189 of 998)

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


Bremer Lagerhaus-Gesellschaft Business Description

Other Exchanges BLH:Germany
Address Praesident-Kennedy-Platz 1, Bremen, DEU, 28203
Bremer Lagerhaus-Gesellschaft is engaged in the provision of logistics services. The company operates through three segments which include Automobile, Contract, and Container. The Automobile segment, which generates maximum revenue consists of logistics of finished vehicles and includes handling, storage, technical processing and forwarding and transport logistics through rail, road and inland waterway. Its Contract segment offers automotive, industrial, retail and seaport logistics, forwarding services and logistics for the offshore wind industry. The Container segment focuses on container handling.
68GF Score

Get the complete analysis for HAM:BLH

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

€9.70
Price
€8.46
GF Value