Bath & Body Works (BSP:B1BW34) ROCE %: 25.86% (As of Apr. 2026)


BSP:B1BW34 Bath & Body Works Inc BSP:B1BW34
73 GF Score
Price R$29.59
GF Value R$43.33
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Bath & Body Works ROCE %?

Bath & Body Works BSP:B1BW34 73 ROCE % is 25.86% as of Apr. 2026. GuruFocus rates BSP:B1BW34 with a GF Score™ of 73/100 and a GF Value™ of R$43.33 (Significantly Undervalued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Bath & Body Works's annualized ROCE % for the quarter that ended in Apr. 2026 was 25.86%.

Bath & Body Works  (BSP:B1BW34) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Bath & Body Works ROCE % Related Terms

Bath & Body Works ROCE % Historical Data

* Premium members only.

The historical data trend for Bath & Body Works's ROCE % 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.

Bath & Body Works ROCE % Chart

Bath & Body Works Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.39 30.42 32.07 37.98 30.54

Bath & Body Works Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
ROCE % 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 23.57 17.95 19.42 69.78 25.86
BSP:B1BW34
73GF Score
Bath & Body Works Inc BSP:B1BW34
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bath & Body Works ROCE % Calculation

Bath & Body Works's annualized ROCE % for the fiscal year that ended in Jan. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jan. 2026 )  (A: Jan. 2025 )(A: Jan. 2026 )
=6173.993/( ( (29285.105 - 7399.418) + (27025.88 - 8482.576) )/ 2 )
=6173.993/( (21885.687+18543.304)/ 2 )
=6173.993/20214.4955
=30.54 %

Bath & Body Works's ROCE % of for the quarter that ended in Apr. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Apr. 2026 )  (Q: Jan. 2026 )(Q: Apr. 2026 )
=4731.864/( ( (27025.88 - 8482.576) + (24983.246 - 6931.68) )/ 2 )
=4731.864/( ( 18543.304 + 18051.566 )/ 2 )
=4731.864/18297.435
=25.86 %

(1) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 25.86% mean?
Bath & Body Works (BSP:B1BW34) has a ROCE % of 25.86% as of Apr. 2026.
Is Bath & Body Works' ROCE % too high?
Bath & Body Works' current ROCE % is 25.86%. The Retail - Cyclical industry median ROCE % is 7.59. Bath & Body Works' value of 25.86% is 240.9% above this industry median. Overall, Bath & Body Works has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bath & Body Works' ROCE % compare to MNSO and RH?
Bath & Body Works' ROCE % of 25.86% can be compared against companies in the Retail - Cyclical industry. The industry median ROCE % is 7.59. Bath & Body Works' value of 25.86% is 240.9% 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 ROCE % for a Retail - Cyclical company?
The median ROCE % among Retail - Cyclical companies is 7.59, based on 1,112 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bath & Body Works's current ROCE % of 25.86% is 240.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Retail - Cyclical industry, the median ROCE % is 7.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bath & Body Works's current ROCE % is 25.86%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bath & Body Works stock overvalued right now?
Based on GuruFocus' analysis, Bath & Body Works (BSP:B1BW34) is currently considered Significantly Undervalued. The stock's GF Value™ is R$43.33, compared to a current price of R$29.59 — trading 31.7% below its estimated fair value. The current ROCE % is 25.86% and 240.9% above the Retail - Cyclical industry median of 7.59. Bath & Body Works' overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Bath & Body Works (BSP:B1BW34), the current ROCE % is 25.86% 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 Bath & Body Works (BSP:B1BW34) Overvalued in 2026?

Based on GuruFocus' analysis, Bath & Body Works stock appears to be undervalued. The current stock price of R$29.59 is trading 31.7% below its estimated GF Value™ of R$43.33. GuruFocus considers Bath & Body Works to be Significantly Undervalued.

Key valuation signals for BSP:B1BW34:

  • ROCE %: 25.86%
  • GF Value™: R$43.33 vs. price of R$29.59 (31.7% below fair value)
  • GF Score™: 73/100 with 4 warning signs
  • Industry Position: 240.9% above the Retail - Cyclical median

No single metric tells the full story. See the BSP:B1BW34 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bath & Body Works Business Description

Address Three Limited Parkway, Columbus, OH, USA, 43230
Bath & Body Works is a specialty home fragrance and fragrant body care retailer operating under the Bath & Body Works, C.O. Bigelow, and White Barn brands. The company generates most of its business in North America, with just 4% of sales from international markets in fiscal 2025. For fiscal 2025, 77% of sales stemmed from the brick-and-mortar network of more than 1,900 retail stores, similar to 2024 levels, as consumer shopping patterns remained normal. Future growth is expected from store upgrades, digital and international channels, as well as adjacent category expansions like men's and lip.
73GF Score

Get the complete analysis for BSP:B1BW34

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

R$29.59
Price
R$43.33
GF Value