Bolsa de Valores de Colombia (BOG:BVC) ROIC %: 0.06% (As of Dec. 2025)


BOG:BVC Bolsa de Valores de Colombia SA BOG:BVC
68 GF Score
Price COP16,380.00
GF Value COP14,066.39
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Bolsa de Valores de Colombia ROIC %?

Bolsa de Valores de Colombia BOG:BVC +1.74% 68 ROIC % is 0.06% as of Dec. 2025. GuruFocus rates BOG:BVC with a GF Score™ of 68/100 and a GF Value™ of COP14,066.39 (Modestly Overvalued). The stock has 8 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Bolsa de Valores de Colombia's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 0.06%.

As of today (2026-06-24), Bolsa de Valores de Colombia's WACC % is 20.04%. Bolsa de Valores de Colombia's ROIC % is 0.05% (calculated using TTM income statement data). Bolsa de Valores de Colombia earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Bolsa de Valores de Colombia  (BOG:BVC) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. 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 ROIC % 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, Bolsa de Valores de Colombia's WACC % is 20.04%. Bolsa de Valores de Colombia's ROIC % is 0.05% (calculated using TTM income statement data). Bolsa de Valores de Colombia 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 %, ROIC % 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.


Bolsa de Valores de Colombia ROIC % Related Terms


Bolsa de Valores de Colombia ROIC % Historical Data

* Premium members only.

The historical data trend for Bolsa de Valores de Colombia's ROIC % 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.

Bolsa de Valores de Colombia ROIC % Chart

Bolsa de Valores de Colombia Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.02 0.05 0.06 0.05

Bolsa de Valores de Colombia Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROIC % 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 0.05 0.04 0.04 0.05 0.06

BOG:BVC vs SPGI, CME, ICE: ROIC % Comparison

For the Financial Data & Stock Exchanges subindustry, Bolsa de Valores de Colombia's ROIC %, along with its competitors' market caps and ROIC % 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.


Bolsa de Valores de Colombia ROIC % vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bolsa de Valores de Colombia's ROIC % distribution charts can be found below:

* The bar in red indicates where Bolsa de Valores de Colombia's ROIC % falls into.


BOG:BVC
68GF Score
Bolsa de Valores de Colombia SA BOG:BVC
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Bolsa de Valores de Colombia ROIC % Calculation

Bolsa de Valores de Colombia's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=171466.215 * ( 1 - 38.49% )/( (202636674.758 + 187559906.134)/ 2 )
=105468.8688465/195098290.446
=0.05 %

where

Invested Capital(A: Dec. 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))
=202885332.992 - 54915.053 - ( 19624573.836 - max(0, 202141256.737 - 202334999.918+19624573.836))
=202636674.758

Invested Capital(A: Dec. 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))
=187803133.577 - 43706.872 - ( 26902793.248 - max(0, 187061079.124 - 187260599.695+26902793.248))
=187559906.134

Bolsa de Valores de Colombia's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=183918.716 * ( 1 - 35.73% )/( (203886635.292 + 187559906.134)/ 2 )
=118204.5587732/195723270.713
=0.06 %

where

Invested Capital(Q: Sep. 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))
=204087054.55 - 23497.66 - ( 25731296.652 - max(0, 203367911.129 - 203544832.727+25731296.652))
=203886635.292

Invested Capital(Q: Dec. 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))
=187803133.577 - 43706.872 - ( 26902793.248 - max(0, 187061079.124 - 187260599.695+26902793.248))
=187559906.134

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) 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 ROIC % →
What does a ROIC % of 0.06% mean?
Bolsa de Valores de Colombia (BOG:BVC) has a ROIC % of 0.06% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Bolsa de Valores de Colombia and its competitors.
Is Bolsa de Valores de Colombia's ROIC % too high?
Bolsa de Valores de Colombia's current ROIC % is 0.06%. The Capital Markets industry median ROIC % is 1.23. Bolsa de Valores de Colombia's value of 0.06% is 95.1% below this industry median. Overall, Bolsa de Valores de Colombia has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bolsa de Valores de Colombia's ROIC % compare to SPGI and CME?
Bolsa de Valores de Colombia's ROIC % of 0.06% can be compared against companies in the Capital Markets industry. The industry median ROIC % is 1.23. Bolsa de Valores de Colombia's value of 0.06% is 95.1% 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 ROIC % for a Capital Markets company?
The median ROIC % among Capital Markets companies is 1.23, based on 694 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bolsa de Valores de Colombia's current ROIC % of 0.06% is 95.1% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Bolsa de Valores de Colombia and its competitors. For the Capital Markets industry, the median ROIC % is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bolsa de Valores de Colombia's current ROIC % is 0.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bolsa de Valores de Colombia stock overvalued right now?
Based on GuruFocus' analysis, Bolsa de Valores de Colombia (BOG:BVC) is currently considered Modestly Overvalued. The stock's GF Value™ is COP14,066.39, compared to a current price of COP16,380.00 — trading 16.4% above its estimated fair value. The current ROIC % is 0.06% and 95.1% below the Capital Markets industry median of 1.23. Bolsa de Valores de Colombia's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Bolsa de Valores de Colombia (BOG:BVC), the current ROIC % is 0.06% as of Dec. 2025. 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 Bolsa de Valores de Colombia (BOG:BVC) Overvalued in 2026?

Based on GuruFocus' analysis, Bolsa de Valores de Colombia stock appears to be overvalued. The current stock price of COP16,380.00 is trading 16.4% above its estimated GF Value™ of COP14,066.39. GuruFocus considers Bolsa de Valores de Colombia to be Modestly Overvalued.

Key valuation signals for BOG:BVC:

  • ROIC %: 0.06%
  • GF Value™: COP14,066.39 vs. price of COP16,380.00 (16.4% above fair value)
  • GF Score™: 68/100 with 8 warning signs
  • Industry Position: 95.1% below the Capital Markets median

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


Bolsa de Valores de Colombia Business Description

Address Cra 7 #71-21 Torre B Piso 12, Bogota, COL
Bolsa de Valores de Colombia SA is a operator of the Colombian capital markets infrastructure. The company offers solutions and services for Issuers (issuer services and issuances), Trading (access, transactions, and registration), Post-trading (risk management, clearing, settlement, custody, and securities administration), and Information (market information and price provision) in the transactional and OTC markets for equities, fixed income, derivatives, and foreign exchange.
68GF Score

Get the complete analysis for BOG:BVC

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

COP16,380.00
Price
COP14,066.39
GF Value