BICMF (BIC Camera) ROC %: 7.93% (As of Feb. 2026)


What is BIC Camera ROC %?

BIC Camera BICMF 68 ROC % is 7.93% as of Feb. 2026. GuruFocus rates BICMF with a GF Score™ of 68/100. The stock has 2 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. BIC Camera's annualized return on capital (ROC %) for the quarter that ended in Feb. 2026 was 7.93%.

As of today (2026-06-26), BIC Camera's WACC % is 1.93%. BIC Camera's ROC % is 6.11% (calculated using TTM income statement data). BIC Camera generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


BIC Camera  (OTCPK:BICMF) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, BIC Camera's WACC % is 1.93%. BIC Camera's ROC % is 6.11% (calculated using TTM income statement data). BIC Camera generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


BIC Camera ROC % Related Terms


BIC Camera ROC % Historical Data

* Premium members only.

The historical data trend for BIC Camera's ROC % 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.

BIC Camera ROC % Chart

BIC Camera Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.66 3.01 1.88 4.68 5.55

BIC Camera Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
ROC % 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 7.51 7.50 3.92 5.03 7.93

BIC Camera ROC % Calculation

BIC Camera's annualized Return on Capital (ROC %) for the fiscal year that ended in Aug. 2025 is calculated as:

ROC % (A: Aug. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Aug. 2024 ) + Invested Capital (A: Aug. 2025 ))/ count )
=205.284 * ( 1 - 31.69% )/( (2539.4 + 2509.679)/ 2 )
=140.2295004/2524.5395
=5.55 %

where

Invested Capital(A: Aug. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3269.757 - 385.378 - ( 488.131 - max(0, 1456.331 - 1801.31+488.131))
=2539.4

Invested Capital(A: Aug. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3339.678 - 391.074 - ( 471.818 - max(0, 1447.166 - 1886.091+471.818))
=2509.679

BIC Camera's annualized Return on Capital (ROC %) for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=292.12 * ( 1 - 33.48% )/( (2456.461 + 2444.36)/ 2 )
=194.318224/2450.4105
=7.93 %

where

Invested Capital(Q: Nov. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3377.145 - 509.046 - ( 424.787 - max(0, 1579.285 - 1990.923+424.787))
=2456.461

Invested Capital(Q: Feb. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3309.934 - 435.772 - ( 429.802 - max(0, 1468.328 - 1915.854+429.802))
=2444.36

Note: The Operating Income data used here is four times the quarterly (Feb. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 7.93% mean?
BIC Camera (BICMF) has a ROC % of 7.93% as of Feb. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on BIC Camera and its competitors.
Is BIC Camera's ROC % too high?
BIC Camera's current ROC % is 7.93%. The Retail - Cyclical industry median ROC % is 4.37. BIC Camera's value of 7.93% is 81.5% above this industry median. Overall, BIC Camera has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does BIC Camera's ROC % compare to CASY and WSM?
BIC Camera's ROC % of 7.93% can be compared against companies in the Retail - Cyclical industry. The industry median ROC % is 4.37. BIC Camera's value of 7.93% is 81.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Retail - Cyclical company?
The median ROC % among Retail - Cyclical companies is 4.37, based on 1,113 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. BIC Camera's current ROC % of 7.93% is 81.5% 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 % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on BIC Camera and its competitors. For the Retail - Cyclical industry, the median ROC % is 4.37 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BIC Camera's current ROC % is 7.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BIC Camera stock overvalued right now?
BIC Camera (BICMF) has a current ROC % of 7.93%. The current ROC % is 7.93% and 81.5% above the Retail - Cyclical industry median of 4.37. BIC Camera's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For BIC Camera (BICMF), the current ROC % is 7.93% as of Feb. 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.

BIC Camera Business Description

Other Exchanges 3048:Japan
Address 3-23-23, Takada, Toshima-ku, Tokyo, JPN, 171-0033
BIC Camera Inc is a consumer electronic retailer in Japan. The selection of merchandise is diverse: audio and video equipment, laptops and computers, cameras, televisions, and mobile phones, among others. The company sells products through both stores and online shopping sites. Additionally, the company also provides satellite and cable TV broadcasting services, installation services, repair services, a radio advertising business, and other services.