Orzel Bialy (WAR:OBL) ROIC %: 8.13% (As of Mar. 2026)

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WAR:OBL Orzel Bialy SA WAR:OBL
79 GF Score
Price zł39.40
GF Value zł27.02
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Orzel Bialy ROIC %?

Orzel Bialy WAR:OBL +0.51% 79 ROIC % is 8.13% as of Mar. 2026. GuruFocus rates WAR:OBL with a GF Score™ of 79/100 and a GF Value™ of zł27.02 (Significantly Overvalued). The stock has 5 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 %. Orzel Bialy's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 8.13%.

As of today (2026-07-24), Orzel Bialy's WACC % is 8.87%. Orzel Bialy's ROIC % is 8.48% (calculated using TTM income statement data). Orzel Bialy earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Orzel Bialy  (WAR:OBL) 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, Orzel Bialy's WACC % is 8.87%. Orzel Bialy's ROIC % is 8.48% (calculated using TTM income statement data). Orzel Bialy 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.


Orzel Bialy ROIC % Related Terms


Orzel Bialy ROIC % Historical Data

* Premium members only.

The historical data trend for Orzel Bialy'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.

Orzel Bialy ROIC % Chart

Orzel Bialy 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 17.79 23.52 21.95 20.48 13.31

Orzel Bialy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 14.53 7.67 11.41 11.28 8.13

WAR:OBL vs WM, RSG, WCN: ROIC % Comparison

For the Waste Management subindustry, Orzel Bialy'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.


Orzel Bialy ROIC % vs Waste Management Industry

For the Waste Management industry and Industrials sector, Orzel Bialy's ROIC % distribution charts can be found below:

* The bar in red indicates where Orzel Bialy's ROIC % falls into.


WAR:OBL
79GF Score
Orzel Bialy SA WAR:OBL
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Orzel Bialy ROIC % Calculation

Orzel Bialy'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 )
=57.594 * ( 1 - 17.71% )/( (385.208 + 326.924)/ 2 )
=47.3941026/356.066
=13.31 %

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))
=764.057 - 14.897 - ( 363.952 - max(0, 45.413 - 641.253+363.952))
=385.208

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))
=838.531 - 39.524 - ( 472.083 - max(0, 71.044 - 715.023+472.083))
=326.924

Orzel Bialy's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=31.752 * ( 1 - 17.59% )/( (326.924 + 317.1)/ 2 )
=26.1668232/322.012
=8.13 %

where

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))
=838.531 - 39.524 - ( 472.083 - max(0, 71.044 - 715.023+472.083))
=326.924

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 ROIC % →
What does a ROIC % of 8.13% mean?
Orzel Bialy (WAR:OBL) has a ROIC % of 8.13% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Orzel Bialy and its competitors.
Is Orzel Bialy's ROIC % too high?
Orzel Bialy's current ROIC % is 8.13%. The Waste Management industry median ROIC % is 3.53. Orzel Bialy's value of 8.13% is 130.3% above this industry median. Overall, Orzel Bialy has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Orzel Bialy's ROIC % compare to WM and RSG?
Orzel Bialy's ROIC % of 8.13% can be compared against companies in the Waste Management industry. The industry median ROIC % is 3.53. Orzel Bialy's value of 8.13% is 130.3% 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 ROIC % for a Waste Management company?
The median ROIC % among Waste Management companies is 3.53, based on 244 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. Orzel Bialy's current ROIC % of 8.13% is 130.3% 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 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 Orzel Bialy and its competitors. For the Waste Management industry, the median ROIC % is 3.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Orzel Bialy's current ROIC % is 8.13%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Orzel Bialy stock overvalued right now?
Based on GuruFocus' analysis, Orzel Bialy (WAR:OBL) is currently considered Significantly Overvalued. The stock's GF Value™ is zł27.02, compared to a current price of zł39.40 — trading 45.8% above its estimated fair value. The current ROIC % is 8.13% and 130.3% above the Waste Management industry median of 3.53. Orzel Bialy's overall GF Score™ is 79/100 with 5 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 Orzel Bialy (WAR:OBL), the current ROIC % is 8.13% 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 Orzel Bialy (WAR:OBL) Overvalued in 2026?

Based on GuruFocus' analysis, Orzel Bialy stock appears to be overvalued. The current stock price of zł39.40 is trading 45.8% above its estimated GF Value™ of zł27.02. GuruFocus considers Orzel Bialy to be Significantly Overvalued.

Key valuation signals for WAR:OBL:

  • ROIC %: 8.13%
  • GF Value™: zł27.02 vs. price of zł39.40 (45.8% above fair value)
  • GF Score™: 79/100 with 5 warning signs
  • Industry Position: 130.3% above the Waste Management median

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


Orzel Bialy Business Description

Address ul. Rozdzienskiego 24, Piekary Slaskie, POL, 41-946
Orzel Bialy SA is a Poland based company engaged in recycling of used batteries. The company delivers its products to battery making companies, with batteries and accumulators supplied mainly to the automotive industry.
79GF Score

Get the complete analysis for WAR:OBL

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

zł39.40
Price
zł27.02
GF Value