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Big Cheese StudioWAR:BCS -0.77%67 ROC (Joel Greenblatt) % is 0.10% as of Mar. 2026, which is 100% below its 10-year median of 100.52. GuruFocus rates WAR:BCS with a GF Score™ of 67/100 and a GF Value™ of zł10.88 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 549 Interactive Media companies, Big Cheese Studio ranks worse than 55.74% 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. Big Cheese Studio's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.10%.
The historical rank and industry rank for Big Cheese Studio's ROC (Joel Greenblatt) % or its related term are showing as below:
WAR:BCS'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.17 Med: 100.52 Max: 452.22
Current: 3.06
During the past 9 years, Big Cheese Studio's highest ROC (Joel Greenblatt) % was 452.22%. The lowest was 0.17%. And the median was 100.52%.
WAR:BCS's ROC (Joel Greenblatt) % is ranked worse than 55.74% of 549
companies
in the Interactive Media industry
Industry Median: 16.47
vs WAR:BCS: 3.06
Big Cheese Studio's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -53.90% per year.
Big Cheese Studio (WAR:BCS) 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.
Big Cheese Studio ROC (Joel Greenblatt) % Related Terms
Big Cheese Studio ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Big Cheese Studio'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.
WAR:BCS vs NTES, EA, TTWO: ROC (Joel Greenblatt) % Comparison
For the Electronic Gaming & Multimedia subindustry, Big Cheese Studio'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.
Big Cheese Studio ROC (Joel Greenblatt) % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Big Cheese Studio's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Big Cheese Studio's ROC (Joel Greenblatt) % falls into.
Big Cheese Studio 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:
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 0.10% mean?
Big Cheese Studio (WAR:BCS) has a ROC (Joel Greenblatt) % of 0.10% 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 Big Cheese Studio and its competitors. This is 100% below median its historical median of 100.52. Over the past decade, Big Cheese Studio's ROC (Joel Greenblatt) % has ranged from 0.17 to 452.22. According to the industry distribution chart, Big Cheese Studio ranks #306 out of 549 companies in the Interactive Media industry, placing it in the top 55.7%.
Is Big Cheese Studio's ROC (Joel Greenblatt) % too high?
Big Cheese Studio's current ROC (Joel Greenblatt) % of 0.10% is 100% below median its 10-year median of 100.52. Over the past 10 years, this metric has ranged from a low of 0.17 to a high of 452.22. The Interactive Media industry median ROC (Joel Greenblatt) % is 16.47. Big Cheese Studio's value of 0.10% is 99.4% below this industry median. Based on the distribution chart, Big Cheese Studio ranks #306 out of 549 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Big Cheese Studio has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Big Cheese Studio's ROC (Joel Greenblatt) % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Big Cheese Studio ranks #306 out of 549 companies for ROC (Joel Greenblatt) %. This places Big Cheese Studio in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 16.47. Big Cheese Studio's value of 0.10% is 99.4% below this benchmark. Historically, Big Cheese Studio's own ROC (Joel Greenblatt) % has ranged from 0.17 to 452.22 over the past decade. While the company's 10-year median is 100.52 vs. the industry median of 16.47, Big Cheese Studio has consistently been below 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 Interactive Media company?
The median ROC (Joel Greenblatt) % among Interactive Media companies is 16.47, based on 549 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. Big Cheese Studio's current ROC (Joel Greenblatt) % of 0.10% is 99.4% below 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 Big Cheese Studio and its competitors. For the Interactive Media industry, the median ROC (Joel Greenblatt) % is 16.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Big Cheese Studio's current ROC (Joel Greenblatt) % is 0.10%, which is 100% below median its own 10-year median of 100.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Big Cheese Studio stock overvalued right now?
Based on GuruFocus' analysis, Big Cheese Studio (WAR:BCS) is currently considered Possible Value Trap. The stock's GF Value™ is zł10.88, compared to a current price of zł4.50 — trading 58.6% below its estimated fair value. The current ROC (Joel Greenblatt) % is 0.10%, which is 100% below median its 10-year median of 100.52 and 99.4% below the Interactive Media industry median of 16.47. Big Cheese Studio's overall GF Score™ is 67/100 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 Big Cheese Studio (WAR:BCS), the current ROC (Joel Greenblatt) % is 0.10% 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 Big Cheese Studio (WAR:BCS) Overvalued in 2026?
Based on GuruFocus' analysis, Big Cheese Studio stock appears to be undervalued.
The current stock price of zł4.50 is trading 58.6% below its estimated GF Value™ of zł10.88.
GuruFocus considers Big Cheese Studio to be Possible Value Trap.
Key valuation signals for WAR:BCS:
ROC (Joel Greenblatt) %: 0.10% (100% below median its 10-year median of 100.52)
GF Value™: zł10.88 vs. price of zł4.50 (58.6% below fair value)
Industry Position: 99.4% below the Interactive Media median (#306 of 549)
No single metric tells the full story. See the WAR:BCS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Big Cheese Studio SA is engaged in the production of cooking simulator games. Some of its games include Cooking Simulator Cakes and Cookies, Cooking Simulator Chaos Tools, Cooking Simulator Pizza, and Pizza Empire, among others.
67GF Score
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