Bellway (FRA:41B) ROCE %: 7.64% (As of Jan. 2026)


FRA:41B Bellway PLC FRA:41B
75 GF Score
Price €23.00
GF Value €32.79
! 4 Warning Signs
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What is Bellway ROCE %?

Bellway FRA:41B +5.50% 75 ROCE % is 7.64% as of Jan. 2026. GuruFocus rates FRA:41B with a GF Score™ of 75/100 and a GF Value™ of €32.79. 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. Bellway's annualized ROCE % for the quarter that ended in Jan. 2026 was 7.64%.

Bellway  (FRA:41B) 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.

Bellway ROCE % Related Terms

Bellway ROCE % Historical Data

* Premium members only.

The historical data trend for Bellway'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.

Bellway ROCE % Chart

Bellway Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.95 8.43 12.58 5.43 6.24

Bellway Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
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 6.65 4.18 7.80 4.77 7.64
FRA:41B
75GF Score
Bellway PLC FRA:41B
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bellway ROCE % Calculation

Bellway's annualized ROCE % for the fiscal year that ended in Jul. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jul. 2025 )  (A: Jul. 2024 )(A: Jul. 2025 )
=299.314/( ( (5932.72 - 1107.705) + (6007.674 - 1234.381) )/ 2 )
=299.314/( (4825.015+4773.293)/ 2 )
=299.314/4799.154
=6.24 %

Bellway's ROCE % of for the quarter that ended in Jan. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jan. 2026 )  (Q: Jul. 2025 )(Q: Jan. 2026 )
=363.432/( ( (6007.674 - 1234.381) + (5831.48 - 1086.263) )/ 2 )
=363.432/( ( 4773.293 + 4745.217 )/ 2 )
=363.432/4759.255
=7.64 %

(1) Note: The EBIT data used here is two times the semi-annual (Jan. 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 7.64% mean?
Bellway (FRA:41B) has a ROCE % of 7.64% as of Jan. 2026.
Is Bellway's ROCE % too high?
Bellway's current ROCE % is 7.64%. The Homebuilding & Construction industry median ROCE % is 8.02. Bellway's value of 7.64% is 4.7% below this industry median. Overall, Bellway has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Bellway's ROCE % compare to DHI and PHM?
Bellway's ROCE % of 7.64% can be compared against companies in the Homebuilding & Construction industry. The industry median ROCE % is 8.02. Bellway's value of 7.64% is 4.7% 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 ROCE % for a Homebuilding & Construction company?
The median ROCE % among Homebuilding & Construction companies is 8.02, based on 95 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. Bellway's current ROCE % of 7.64% is 4.7% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Homebuilding & Construction industry, the median ROCE % is 8.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bellway's current ROCE % is 7.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellway stock overvalued right now?
Bellway (FRA:41B) has a current ROCE % of 7.64%. The stock's GF Value™ is €32.79, compared to a current price of €23.00 — trading 29.9% below its estimated fair value. The current ROCE % is 7.64% and 4.7% below the Homebuilding & Construction industry median of 8.02. Bellway's overall GF Score™ is 75/100 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 Bellway (FRA:41B), the current ROCE % is 7.64% as of Jan. 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 Bellway (FRA:41B) Overvalued in 2026?

Based on GuruFocus' analysis, Bellway stock appears to be undervalued. The current stock price of €23.00 is trading 29.9% below its estimated GF Value™ of €32.79.

Key valuation signals for FRA:41B:

  • ROCE %: 7.64%
  • GF Value™: €32.79 vs. price of €23.00 (29.9% below fair value)
  • GF Score™: 75/100 with 4 warning signs
  • Industry Position: 4.7% below the Homebuilding & Construction median

No single metric tells the full story. See the FRA:41B stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Bellway Business Description

Other Exchanges BWYl:UKBWY:UK41B:Germany
Address Woolsington House, Woolsington, Newcastle Upon Tyne, GBR, NE13 8BF
Bellway is one of the UK's largest residential property developers. It typifies the business model employed by UK homebuilders, operating in the land development, construction, and sales and marketing segments of the residential property development value chain.
75GF Score

Get the complete analysis for FRA:41B

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

€23.00
Price
€32.79
GF Value