Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Bowler MetcalfJSE:BCF 84 ROC (Joel Greenblatt) % is 26.30% as of Dec. 2025, which is 7% below its 10-year median of 28.42. GuruFocus rates JSE:BCF with a GF Score™ of 84/100 and a GF Value™ of R14.85 (Fairly Valued). The stock has 2 warning signs investors should review. Among 400 Packaging & Containers companies, Bowler Metcalf ranks better than 88% 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. Bowler Metcalf's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 26.30%.
The historical rank and industry rank for Bowler Metcalf's ROC (Joel Greenblatt) % or its related term are showing as below:
JSE:BCF'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 19.59 Med: 28.42 Max: 43.01
Current: 27.64
During the past 13 years, Bowler Metcalf's highest ROC (Joel Greenblatt) % was 43.01%. The lowest was 19.59%. And the median was 28.42%.
JSE:BCF's ROC (Joel Greenblatt) % is ranked better than 88% of 400
companies
in the Packaging & Containers industry
Industry Median: 8.88
vs JSE:BCF: 27.64
Bowler Metcalf's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -7.80% per year.
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.
Bowler Metcalf ROC (Joel Greenblatt) % Related Terms
Bowler Metcalf ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Bowler Metcalf'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.
JSE:BCF vs SW, PKG, IP: ROC (Joel Greenblatt) % Comparison
For the Packaging & Containers subindustry, Bowler Metcalf'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.
Bowler Metcalf ROC (Joel Greenblatt) % vs Packaging & Containers Industry
For the Packaging & Containers industry and Consumer Cyclical sector, Bowler Metcalf's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bowler Metcalf's ROC (Joel Greenblatt) % falls into.
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 26.30% mean?
Bowler Metcalf (JSE:BCF) has a ROC (Joel Greenblatt) % of 26.30% 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 Bowler Metcalf and its competitors. This is near median its historical median of 28.42. Over the past decade, Bowler Metcalf's ROC (Joel Greenblatt) % has ranged from 19.59 to 43.01. According to the industry distribution chart, Bowler Metcalf ranks #48 out of 400 companies in the Packaging & Containers industry, placing it in the top 12%.
Is Bowler Metcalf's ROC (Joel Greenblatt) % too high?
Bowler Metcalf's current ROC (Joel Greenblatt) % of 26.30% is near median its 10-year median of 28.42. Over the past 10 years, this metric has ranged from a low of 19.59 to a high of 43.01. The Packaging & Containers industry median ROC (Joel Greenblatt) % is 8.88. Bowler Metcalf's value of 26.30% is 196.2% above this industry median. Based on the distribution chart, Bowler Metcalf ranks #48 out of 400 companies in the Packaging & Containers industry, which is in the top quartile — a strong position relative to peers. Overall, Bowler Metcalf has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bowler Metcalf's ROC (Joel Greenblatt) % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Bowler Metcalf ranks #48 out of 400 companies for ROC (Joel Greenblatt) %. This places Bowler Metcalf in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.88. Bowler Metcalf's value of 26.30% is 196.2% above this benchmark. Historically, Bowler Metcalf's own ROC (Joel Greenblatt) % has ranged from 19.59 to 43.01 over the past decade. While the company's 10-year median is 28.42 vs. the industry median of 8.88, Bowler Metcalf 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 Packaging & Containers company?
The median ROC (Joel Greenblatt) % among Packaging & Containers companies is 8.88, based on 400 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. Bowler Metcalf's current ROC (Joel Greenblatt) % of 26.30% is 196.2% 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 Bowler Metcalf and its competitors. For the Packaging & Containers industry, the median ROC (Joel Greenblatt) % is 8.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bowler Metcalf's current ROC (Joel Greenblatt) % is 26.30%, which is near median its own 10-year median of 28.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bowler Metcalf stock overvalued right now?
Based on GuruFocus' analysis, Bowler Metcalf (JSE:BCF) is currently considered Fairly Valued. The stock's GF Value™ is R14.85, compared to a current price of R13.99 — trading 5.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 26.30%, which is near median its 10-year median of 28.42 and 196.2% above the Packaging & Containers industry median of 8.88. Bowler Metcalf's overall GF Score™ is 84/100 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 Bowler Metcalf (JSE:BCF), the current ROC (Joel Greenblatt) % is 26.30% 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 Bowler Metcalf (JSE:BCF) Overvalued in 2026?
Based on GuruFocus' analysis, Bowler Metcalf stock appears to be undervalued.
The current stock price of R13.99 is trading 5.8% below its estimated GF Value™ of R14.85.
GuruFocus considers Bowler Metcalf to be Fairly Valued.
Key valuation signals for JSE:BCF:
ROC (Joel Greenblatt) %: 26.30% (near median its 10-year median of 28.42)
GF Value™: R14.85 vs. price of R13.99 (5.8% below fair value)
Industry Position: 196.2% above the Packaging & Containers median (#48 of 400)
No single metric tells the full story. See the JSE:BCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bowler Metcalf Ltd is mainly engaged in the business of containers and packaging. The company's operating segments include Plastic Packaging and Property Investment. It generates maximum revenue from the Plastic Packaging segment, which specializes in the manufacture of rigid plastic packaging for the toiletry, cosmetic, household, pharmaceutical, and food markets. Its mode of manufacture comprises injection and blow molding, extrusion, and injection stretch blow molding. The Property Investment segment is involved in the business of investing in properties for letting to the manufacturing industry.
84GF Score
Get the complete analysis for JSE:BCF
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
JSE:BCF has been successfully added to your 
