BWX TechnologiesMEX:BWXT 66 ROC (Joel Greenblatt) % is 28.20% as of Mar. 2026, which is 45% below its 10-year median of 51.32. GuruFocus rates MEX:BWXT with a GF Score™ of 66/100 and a GF Value™ of MXN2,388.04 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 354 Aerospace & Defense companies, BWX Technologies ranks better than 72.88% 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. BWX Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 28.20%.
The historical rank and industry rank for BWX Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:
MEX:BWXT'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 30.09 Med: 51.32 Max: 95.84
Current: 30.09
During the past 13 years, BWX Technologies's highest ROC (Joel Greenblatt) % was 95.84%. The lowest was 30.09%. And the median was 51.32%.
MEX:BWXT's ROC (Joel Greenblatt) % is ranked better than 72.88% of 354
companies
in the Aerospace & Defense industry
Industry Median: 10.77
vs MEX:BWXT: 30.09
BWX Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -11.40% 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.
BWX Technologies ROC (Joel Greenblatt) % Related Terms
BWX Technologies ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for BWX Technologies'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.
MEX:BWXT vs ARXS, TXT, MOG.A: ROC (Joel Greenblatt) % Comparison
For the Aerospace & Defense subindustry, BWX Technologies'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.
BWX Technologies ROC (Joel Greenblatt) % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, BWX Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where BWX Technologies'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 four times the quarterly (Mar. 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 28.20% mean?
BWX Technologies (MEX:BWXT) has a ROC (Joel Greenblatt) % of 28.20% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on BWX Technologies and its competitors. This is 45% below median its historical median of 51.32. Over the past decade, BWX Technologies' ROC (Joel Greenblatt) % has ranged from 30.09 to 95.84. According to the industry distribution chart, BWX Technologies ranks #96 out of 354 companies in the Aerospace & Defense industry, placing it in the top 27.1%.
Is BWX Technologies' ROC (Joel Greenblatt) % too high?
BWX Technologies' current ROC (Joel Greenblatt) % of 28.20% is 45% below median its 10-year median of 51.32. Over the past 10 years, this metric has ranged from a low of 30.09 to a high of 95.84. The Aerospace & Defense industry median ROC (Joel Greenblatt) % is 10.77. BWX Technologies' value of 28.20% is 161.8% above this industry median. Based on the distribution chart, BWX Technologies ranks #96 out of 354 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, BWX Technologies has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BWX Technologies' ROC (Joel Greenblatt) % compare to ARXS and TXT?
According to the Aerospace & Defense industry distribution chart, BWX Technologies ranks #96 out of 354 companies for ROC (Joel Greenblatt) %. This puts BWX Technologies in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 10.77. BWX Technologies' value of 28.20% is 161.8% above this benchmark. Historically, BWX Technologies' own ROC (Joel Greenblatt) % has ranged from 30.09 to 95.84 over the past decade. While the company's 10-year median is 51.32 vs. the industry median of 10.77, BWX Technologies 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 an Aerospace & Defense company?
The median ROC (Joel Greenblatt) % among Aerospace & Defense companies is 10.77, based on 354 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. BWX Technologies's current ROC (Joel Greenblatt) % of 28.20% is 161.8% 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 BWX Technologies and its competitors. For the Aerospace & Defense industry, the median ROC (Joel Greenblatt) % is 10.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BWX Technologies's current ROC (Joel Greenblatt) % is 28.20%, which is 45% below median its own 10-year median of 51.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BWX Technologies stock overvalued right now?
Based on GuruFocus' analysis, BWX Technologies (MEX:BWXT) is currently considered Significantly Overvalued. The stock's GF Value™ is MXN2,388.04, compared to a current price of MXN3,200.00 — trading 34% above its estimated fair value. The current ROC (Joel Greenblatt) % is 28.20%, which is 45% below median its 10-year median of 51.32 and 161.8% above the Aerospace & Defense industry median of 10.77. BWX Technologies' overall GF Score™ is 66/100 with 5 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 BWX Technologies (MEX:BWXT), the current ROC (Joel Greenblatt) % is 28.20% as of Mar. 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 BWX Technologies (MEX:BWXT) Overvalued in 2026?
Based on GuruFocus' analysis, BWX Technologies stock appears to be overvalued.
The current stock price of MXN3,200.00 is trading 34% above its estimated GF Value™ of MXN2,388.04.
GuruFocus considers BWX Technologies to be Significantly Overvalued.
Key valuation signals for MEX:BWXT:
ROC (Joel Greenblatt) %: 28.20% (45% below median its 10-year median of 51.32)
GF Value™: MXN2,388.04 vs. price of MXN3,200.00 (34% above fair value)
Industry Position: 161.8% above the Aerospace & Defense median (#96 of 354)
No single metric tells the full story. See the MEX:BWXT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BWX Technologies Inc is a specialty manufacturer and service provider of nuclear components, operating in two segments: Government Operations and Commercial Operations. The Government Operations segment produces naval nuclear reactors and fuel for the U.S. Naval Nuclear Propulsion Program, while the Commercial Operations segment designs and manufactures commercial nuclear steam generators, heat exchangers, pressure vessels, reactor components, and other auxiliary equipment, including containers for the storage of spent nuclear fuel and other high-level nuclear waste. The majority of the company's revenue comes from Government Operations, with sales principally in the United States, Canada, and other regions.
66GF Score
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