BUA Foods (NSA:BUAFOODS) ROC (Joel Greenblatt) %: 165.90% (As of Jun. 2026) — 358% Above Median

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NSA:BUAFOODS BUA Foods PLC NSA:BUAFOODS
91 GF Score
Price ₦760.60
GF Value ₦582.61
Valuation Significantly Overvalued
! 3 Warning Signs
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What is BUA Foods ROC (Joel Greenblatt) %?

BUA Foods NSA:BUAFOODS 91 ROC (Joel Greenblatt) % is 165.90% as of Jun. 2026, which is 358% above its 10-year median of 36.19. GuruFocus rates NSA:BUAFOODS with a GF Score™ of 91/100 and a GF Value™ of ₦582.61 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,987 Consumer Packaged Goods companies, BUA Foods ranks better than 97.38% 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. BUA Foods's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 165.90%.

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

NSA:BUAFOODS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 22.72   Med: 36.19   Max: 148.47
Current: 148.47

During the past 6 years, BUA Foods's highest ROC (Joel Greenblatt) % was 148.47%. The lowest was 22.72%. And the median was 36.19%.

NSA:BUAFOODS's ROC (Joel Greenblatt) % is ranked better than
97.38% of 1987 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs NSA:BUAFOODS: 148.47

BUA Foods's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 42.70% per year.


BUA Foods  (NSA:BUAFOODS) 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.


BUA Foods ROC (Joel Greenblatt) % Related Terms


BUA Foods ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for BUA Foods'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.

BUA Foods ROC (Joel Greenblatt) % Chart

BUA Foods Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 30.20 35.50 36.87 85.15 145.66

BUA Foods 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 143.63 154.56 122.78 156.08 165.90

NSA:BUAFOODS vs KHC, GIS, HRL: ROC (Joel Greenblatt) % Comparison

For the Packaged Foods subindustry, BUA Foods'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.


BUA Foods ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, BUA Foods's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where BUA Foods's ROC (Joel Greenblatt) % falls into.


NSA:BUAFOODS
91GF Score
BUA Foods PLC NSA:BUAFOODS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BUA Foods 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)
=(7488.555 + 73305.831 + 14177.683) - (222374.572 + 0 + 90820.588)
=-218223.091

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7568.729 + 51229.524 + 17400.066) - (238625.311 + 0 + 78069.6)
=-240496.592

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of BUA Foods 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 )
=664862.708/( ( (396267.835 + max(-218223.091, 0)) + (405236.816 + max(-240496.592, 0)) )/ 2 )
=664862.708/( ( 396267.835 + 405236.816 )/ 2 )
=664862.708/400752.3255
=165.90 %

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 165.90% mean?
BUA Foods (NSA:BUAFOODS) has a ROC (Joel Greenblatt) % of 165.90% 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 BUA Foods and its competitors. This is 358% above median its historical median of 36.19. Over the past decade, BUA Foods' ROC (Joel Greenblatt) % has ranged from 22.72 to 148.47. According to the industry distribution chart, BUA Foods ranks #52 out of 1987 companies in the Consumer Packaged Goods industry, placing it in the top 2.6%.
Is BUA Foods' ROC (Joel Greenblatt) % too high?
BUA Foods' current ROC (Joel Greenblatt) % of 165.90% is 358% above median its 10-year median of 36.19. Over the past 10 years, this metric has ranged from a low of 22.72 to a high of 148.47. The Consumer Packaged Goods industry median ROC (Joel Greenblatt) % is 11.99. BUA Foods' value of 165.90% is 1283.7% above this industry median. Based on the distribution chart, BUA Foods ranks #52 out of 1987 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, BUA Foods has a GF Score™ of 91/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BUA Foods' ROC (Joel Greenblatt) % compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, BUA Foods ranks #52 out of 1987 companies for ROC (Joel Greenblatt) %. This places BUA Foods in the top 3% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.99. BUA Foods' value of 165.90% is 1283.7% above this benchmark. Historically, BUA Foods' own ROC (Joel Greenblatt) % has ranged from 22.72 to 148.47 over the past decade. While the company's 10-year median is 36.19 vs. the industry median of 11.99, BUA Foods 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,987 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. BUA Foods's current ROC (Joel Greenblatt) % of 165.90% is 1283.7% 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 BUA Foods and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BUA Foods's current ROC (Joel Greenblatt) % is 165.90%, which is 358% above median its own 10-year median of 36.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BUA Foods stock overvalued right now?
Based on GuruFocus' analysis, BUA Foods (NSA:BUAFOODS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₦582.61, compared to a current price of ₦760.60 — trading 30.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 165.90%, which is 358% above median its 10-year median of 36.19 and 1283.7% above the Consumer Packaged Goods industry median of 11.99. BUA Foods' overall GF Score™ is 91/100 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 BUA Foods (NSA:BUAFOODS), the current ROC (Joel Greenblatt) % is 165.90% 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 BUA Foods (NSA:BUAFOODS) Overvalued in 2026?

Based on GuruFocus' analysis, BUA Foods stock appears to be overvalued. The current stock price of ₦760.60 is trading 30.6% above its estimated GF Value™ of ₦582.61. GuruFocus considers BUA Foods to be Significantly Overvalued.

Key valuation signals for NSA:BUAFOODS:

  • ROC (Joel Greenblatt) %: 165.90% (358% above median its 10-year median of 36.19)
  • GF Value™: ₦582.61 vs. price of ₦760.60 (30.6% above fair value)
  • GF Score™: 91/100 with 3 warning signs
  • Industry Position: 1283.7% above the Consumer Packaged Goods median (#52 of 1987)

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


BUA Foods Business Description

Address Churchgate Street, 3rd Floor BUA Towers, PC 32, P.O.Box 70106, Victoria Island, Lagos, NGA
BUA Foods PLC is involved in the food and fast-moving consumer goods business which processes, manufactures, and distributes food as well as packaged food. The company's business operations comprise five divisions, including Sugar, Flour, Pasta, Rice, and Edible Oils. It has four segments Flour segment, Sugar segment, Pasta segment, and Others. Maximum revenue is from sales of Flour.
91GF Score

Get the complete analysis for NSA:BUAFOODS

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

₦760.60
Price
₦582.61
GF Value