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BRPTSX:DOO -0.19%83 ROC (Joel Greenblatt) % is 40.53% as of Apr. 2026, which is 27% below its 10-year median of 55.18. GuruFocus rates TSX:DOO with a GF Score™ of 83/100 and a GF Value™ of C$86.55 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,332 Vehicles & Parts companies, BRP ranks better than 76.13% 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. BRP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Apr. 2026 was 40.53%.
The historical rank and industry rank for BRP's ROC (Joel Greenblatt) % or its related term are showing as below:
TSX:DOO'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 13.96 Med: 55.18 Max: 79.81
Current: 23.54
During the past 13 years, BRP's highest ROC (Joel Greenblatt) % was 79.81%. The lowest was 13.96%. And the median was 55.18%.
TSX:DOO's ROC (Joel Greenblatt) % is ranked better than 76.13% of 1332
companies
in the Vehicles & Parts industry
Industry Median: 11.965
vs TSX:DOO: 23.54
BRP's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -21.60% per year.
BRP (TSX:DOO) 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.
The historical data trend for BRP'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.
TSX:DOO vs BC, PII, THO: ROC (Joel Greenblatt) % Comparison
For the Recreational Vehicles subindustry, BRP'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.
BRP ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, BRP's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where BRP'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 (Apr. 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 40.53% mean?
BRP (TSX:DOO) has a ROC (Joel Greenblatt) % of 40.53% as of Apr. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on BRP and its competitors. This is 27% below median its historical median of 55.18. Over the past decade, BRP's ROC (Joel Greenblatt) % has ranged from 13.96 to 79.81. According to the industry distribution chart, BRP ranks #318 out of 1332 companies in the Vehicles & Parts industry, placing it in the top 23.9%.
Is BRP's ROC (Joel Greenblatt) % too high?
BRP's current ROC (Joel Greenblatt) % of 40.53% is 27% below median its 10-year median of 55.18. Over the past 10 years, this metric has ranged from a low of 13.96 to a high of 79.81. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.97. BRP's value of 40.53% is 238.7% above this industry median. Based on the distribution chart, BRP ranks #318 out of 1332 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, BRP has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does BRP's ROC (Joel Greenblatt) % compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, BRP ranks #318 out of 1332 companies for ROC (Joel Greenblatt) %. This places BRP in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 11.97. BRP's value of 40.53% is 238.7% above this benchmark. Historically, BRP's own ROC (Joel Greenblatt) % has ranged from 13.96 to 79.81 over the past decade. While the company's 10-year median is 55.18 vs. the industry median of 11.97, BRP 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 Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.97, based on 1,332 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. BRP's current ROC (Joel Greenblatt) % of 40.53% is 238.7% 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 BRP and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BRP's current ROC (Joel Greenblatt) % is 40.53%, which is 27% below median its own 10-year median of 55.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BRP stock overvalued right now?
Based on GuruFocus' analysis, BRP (TSX:DOO) is currently considered Fairly Valued. The stock's GF Value™ is C$86.55, compared to a current price of C$83.46 — trading 3.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 40.53%, which is 27% below median its 10-year median of 55.18 and 238.7% above the Vehicles & Parts industry median of 11.97. BRP's overall GF Score™ is 83/100 with 4 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 BRP (TSX:DOO), the current ROC (Joel Greenblatt) % is 40.53% as of Apr. 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 BRP (TSX:DOO) Overvalued in 2026?
Based on GuruFocus' analysis, BRP stock appears to be undervalued.
The current stock price of C$83.46 is trading 3.6% below its estimated GF Value™ of C$86.55.
GuruFocus considers BRP to be Fairly Valued.
Key valuation signals for TSX:DOO:
ROC (Joel Greenblatt) %: 40.53% (27% below median its 10-year median of 55.18)
GF Value™: C$86.55 vs. price of C$83.46 (3.6% below fair value)
Industry Position: 238.7% above the Vehicles & Parts median (#318 of 1332)
No single metric tells the full story. See the TSX:DOO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BRP designs, develops, manufactures, distributes, and markets snowmobiles, all-terrain vehicles, and personal watercraft under the Ski-Doo, Sea-Doo, Can-Am, and Lynx brand names. It also builds engines under the Rotax brand (after shuttering the Evinrude outboard engine business in 2020) and offers clothing, parts, and accessories that cater to its core consumers. In 2018, BRP created a marine group, which has largely been divested; Manitou was sold in the third quarter of fiscal 2026, and Telwater remains up for sale. At the end of fiscal 2026, the company sold its products through a network of more than 2,050 independent dealers and 140 distributors in around 110 countries.
83GF Score
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