BHG Group AB (LTS:0SOM) ROC (Joel Greenblatt) %: 65.52% (As of Jun. 2026) — 22% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

LTS:0SOM BHG Group AB LTS:0SOM
69 GF Score
Price kr19.29
GF Value kr21.02
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is BHG Group AB ROC (Joel Greenblatt) %?

BHG Group AB LTS:0SOM 69 ROC (Joel Greenblatt) % is 65.52% as of Jun. 2026, which is 22% below its 10-year median of 83.94. GuruFocus rates LTS:0SOM with a GF Score™ of 69/100 and a GF Value™ of kr21.02 (Fairly Valued). The stock has 3 warning signs investors should review. Among 1,129 Retail - Cyclical companies, BHG Group AB ranks better than 87.07% 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. BHG Group AB's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 65.52%.

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

LTS:0SOM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -120.82   Med: 83.94   Max: 461.93
Current: 49.51

During the past 11 years, BHG Group AB's highest ROC (Joel Greenblatt) % was 461.93%. The lowest was -120.82%. And the median was 83.94%.

LTS:0SOM's ROC (Joel Greenblatt) % is ranked better than
87.07% of 1129 companies
in the Retail - Cyclical industry
Industry Median: 11.63 vs LTS:0SOM: 49.51

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


BHG Group AB  (LTS:0SOM) 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.


BHG Group AB ROC (Joel Greenblatt) % Related Terms


BHG Group AB ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for BHG Group AB'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.

BHG Group AB ROC (Joel Greenblatt) % Chart

BHG Group AB 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 70.42 6.07 -120.82 -63.31 56.80

BHG Group AB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 72.81 42.16 77.54 12.18 65.52

LTS:0SOM vs AMZN, BABA, PDD: ROC (Joel Greenblatt) % Comparison

For the Internet Retail subindustry, BHG Group AB'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.


BHG Group AB ROC (Joel Greenblatt) % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, BHG Group AB's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where BHG Group AB's ROC (Joel Greenblatt) % falls into.


LTS:0SOM
69GF Score
BHG Group AB LTS:0SOM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BHG Group AB 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(482.9 + 1282.7 + 0) - (0 + 0 + 1813.1)
=-47.5

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(503.9 + 1269.1 + 0) - (0 + 0 + 1970.3)
=-197.3

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of BHG Group AB for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=446.8/( ( (705.2 + max(-47.5, 0)) + (658.6 + max(-197.3, 0)) )/ 2 )
=446.8/( ( 705.2 + 658.6 )/ 2 )
=446.8/681.9
=65.52 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 65.52% mean?
BHG Group AB (LTS:0SOM) has a ROC (Joel Greenblatt) % of 65.52% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on BHG Group AB and its competitors. This is 22% below median its historical median of 83.94. According to the industry distribution chart, BHG Group AB ranks #146 out of 1129 companies in the Retail - Cyclical industry, placing it in the top 12.9%.
Is BHG Group AB's ROC (Joel Greenblatt) % too high?
BHG Group AB's current ROC (Joel Greenblatt) % of 65.52% is 22% below median its 10-year median of 83.94. The Retail - Cyclical industry median ROC (Joel Greenblatt) % is 11.63. BHG Group AB's value of 65.52% is 463.4% above this industry median. Based on the distribution chart, BHG Group AB ranks #146 out of 1129 companies in the Retail - Cyclical industry, which is in the top quartile — a strong position relative to peers. Overall, BHG Group AB has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BHG Group AB's ROC (Joel Greenblatt) % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, BHG Group AB ranks #146 out of 1129 companies for ROC (Joel Greenblatt) %. This places BHG Group AB in the top 13% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.63. BHG Group AB's value of 65.52% is 463.4% above this benchmark. While the company's 10-year median is 83.94 vs. the industry median of 11.63, BHG Group AB 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 Retail - Cyclical company?
The median ROC (Joel Greenblatt) % among Retail - Cyclical companies is 11.63, based on 1,129 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. BHG Group AB's current ROC (Joel Greenblatt) % of 65.52% is 463.4% 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 BHG Group AB and its competitors. For the Retail - Cyclical industry, the median ROC (Joel Greenblatt) % is 11.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BHG Group AB's current ROC (Joel Greenblatt) % is 65.52%, which is 22% below median its own 10-year median of 83.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BHG Group AB stock overvalued right now?
Based on GuruFocus' analysis, BHG Group AB (LTS:0SOM) is currently considered Fairly Valued. The stock's GF Value™ is kr21.02, compared to a current price of kr19.29 — trading 8.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 65.52%, which is 22% below median its 10-year median of 83.94 and 463.4% above the Retail - Cyclical industry median of 11.63. BHG Group AB's overall GF Score™ is 69/100 with 3 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 BHG Group AB (LTS:0SOM), the current ROC (Joel Greenblatt) % is 65.52% as of Jun. 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 BHG Group AB (LTS:0SOM) Overvalued in 2026?

Based on GuruFocus' analysis, BHG Group AB stock appears to be undervalued. The current stock price of kr19.29 is trading 8.2% below its estimated GF Value™ of kr21.02. GuruFocus considers BHG Group AB to be Fairly Valued.

Key valuation signals for LTS:0SOM:

  • ROC (Joel Greenblatt) %: 65.52% (22% below median its 10-year median of 83.94)
  • GF Value™: kr21.02 vs. price of kr19.29 (8.2% below fair value)
  • GF Score™: 69/100 with 3 warning signs
  • Industry Position: 463.4% above the Retail - Cyclical median (#146 of 1129)

No single metric tells the full story. See the LTS:0SOM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


BHG Group AB Business Description

Other Exchanges BHG:Sweden7B1:Germany
Address Neptunigatan 1, Malmo, SWE, 211 20
BHG Group AB is a consumer e-commerce company in the Nordics and is also present in the rest of Europe, as well as in selected markets outside of Europe. It provides Home improvement space, meaning Do-It-Yourself and Home furnishings. The company's operating segments are; Home Improvement which comprises brands targeted at Nordic DIY customers, such as Bygghemma, Taloon, Golvpoolen, Nordiska Fonster, Outlet1, Hafa, and Hylte Jakt & Tradgard; the Value Home segment which comprises brands with assortments for the home targeted at price-conscious European customers, such as Trademax, Chilli, Furniture 1 and Furniturebox, and the Premium Living segment which comprises brands with assortments of premium products within the Scandinavian design.
69GF Score

Get the complete analysis for LTS:0SOM

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

kr19.29
Price
kr21.02
GF Value