Grupo Casas Bahia (BSP:BHIA3) ROC %: 4.07% (As of Mar. 2026)


BSP:BHIA3 Grupo Casas Bahia SA BSP:BHIA3
61 GF Score
Price R$1.13
GF Value R$1.30
Valuation Modestly Undervalued
! 6 Warning Signs
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What is Grupo Casas Bahia ROC %?

Grupo Casas Bahia BSP:BHIA3 +1.80% 61 ROC % is 4.07% as of Mar. 2026. GuruFocus rates BSP:BHIA3 with a GF Score™ of 61/100 and a GF Value™ of R$1.30 (Modestly Undervalued). The stock has 6 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 %. Grupo Casas Bahia's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 4.07%.

As of today (2026-06-28), Grupo Casas Bahia's WACC % is 24.67%. Grupo Casas Bahia's ROC % is 4.77% (calculated using TTM income statement data). Grupo Casas Bahia earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Grupo Casas Bahia  (BSP:BHIA3) 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, Grupo Casas Bahia's WACC % is 24.67%. Grupo Casas Bahia's ROC % is 4.77% (calculated using TTM income statement data). Grupo Casas Bahia earns returns that do not match up to its cost of capital. It will destroy value as it grows.


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.


Grupo Casas Bahia ROC % Related Terms


Grupo Casas Bahia ROC % Historical Data

* Premium members only.

The historical data trend for Grupo Casas Bahia'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.

Grupo Casas Bahia ROC % Chart

Grupo Casas Bahia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 1.51 -1.14 1.91 5.04

Grupo Casas Bahia Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 2.75 2.50 2.41 7.15 4.07
BSP:BHIA3
61GF Score
Grupo Casas Bahia SA BSP:BHIA3
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupo Casas Bahia ROC % Calculation

Grupo Casas Bahia's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=1377 * ( 1 - 0% )/( (27152 + 27464)/ 2 )
=1377/27308
=5.04 %

where

Grupo Casas Bahia's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1088 * ( 1 - 0% )/( (27464 + 25970)/ 2 )
=1088/26717
=4.07 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 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 4.07% mean?
Grupo Casas Bahia (BSP:BHIA3) has a ROC % of 4.07% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Grupo Casas Bahia and its competitors.
Is Grupo Casas Bahia's ROC % too high?
Grupo Casas Bahia's current ROC % is 4.07%. The Retail - Cyclical industry median ROC % is 4.36. Grupo Casas Bahia's value of 4.07% is 6.7% below this industry median. Overall, Grupo Casas Bahia has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Grupo Casas Bahia's ROC % compare to CASY and WSM?
Grupo Casas Bahia's ROC % of 4.07% can be compared against companies in the Retail - Cyclical industry. The industry median ROC % is 4.36. Grupo Casas Bahia's value of 4.07% is 6.7% below 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 4.36, based on 1,108 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. Grupo Casas Bahia's current ROC % of 4.07% is 6.7% 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 % 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 Grupo Casas Bahia and its competitors. For the Retail - Cyclical industry, the median ROC % is 4.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Casas Bahia's current ROC % is 4.07%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Casas Bahia stock overvalued right now?
Based on GuruFocus' analysis, Grupo Casas Bahia (BSP:BHIA3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$1.30, compared to a current price of R$1.13 — trading 13.1% below its estimated fair value. The current ROC % is 4.07% and 6.7% below the Retail - Cyclical industry median of 4.36. Grupo Casas Bahia's overall GF Score™ is 61/100 with 6 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 Grupo Casas Bahia (BSP:BHIA3), the current ROC % is 4.07% 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 Grupo Casas Bahia (BSP:BHIA3) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Casas Bahia stock appears to be undervalued. The current stock price of R$1.13 is trading 13.1% below its estimated GF Value™ of R$1.30. GuruFocus considers Grupo Casas Bahia to be Modestly Undervalued.

Key valuation signals for BSP:BHIA3:

  • ROC %: 4.07%
  • GF Value™: R$1.30 vs. price of R$1.13 (13.1% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 6.7% below the Retail - Cyclical median

No single metric tells the full story. See the BSP:BHIA3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo Casas Bahia Business Description

Address Eldorado Business Tower Avenue, 8501-23rd floor, Pinheiros, Sao Caetano do Sul, SP, BRA, CEP 05425-070
Grupo Casas Bahia SA is an omnichannel retailer engaged in the sale of consumer electronics, home appliances, furniture, and other household products through physical stores, e-commerce, and marketplace platforms. The company operates mainly under the Casas Bahia and Ponto brands. It also provides related services, including extended warranties, installation services, marketplace intermediation, and financial services such as installment sales and co-branded credit cards.
61GF Score

Get the complete analysis for BSP:BHIA3

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

R$1.13
Price
R$1.30
GF Value