Northern Ocean (OSL:NOL) Profitability Rank: 3 (As of Mar. 2026) — 50% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OSL:NOL Northern Ocean Ltd OSL:NOL
61 GF Score
Price kr7.44
GF Value kr6.17
Valuation Modestly Overvalued
! 4 Warning Signs
View Full Analysis

What is Northern Ocean Profitability Rank?

Northern Ocean OSL:NOL -0.27% 61 Profitability Rank is 3 as of Mar. 2026, which is 50% above its 10-year median of 2.00. GuruFocus rates OSL:NOL with a GF Score™ of 61/100 and a GF Value™ of kr6.17 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Northern Ocean has the Profitability Rank of 3. It has had trouble to make a profit.

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way. It is rated on a scale of 1 to 10 and is based on these factors:

1. Operating Margin %
2. Piotroski F-Score
3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.
4. Consistency of the profitability
5. Predictability Rank

A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

Northern Ocean's Operating Margin % for the quarter that ended in Mar. 2026 was -168.56%. As of today, Northern Ocean's Piotroski F-Score is 3.


Northern Ocean Profitability Rank Related Terms


OSL:NOL vs NE, RIG, VAL: Profitability Rank Comparison

For the Oil & Gas Drilling subindustry, Northern Ocean's Profitability Rank, along with its competitors' market caps and Profitability Rank 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.


Northern Ocean Profitability Rank vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Northern Ocean's Profitability Rank distribution charts can be found below:

* The bar in red indicates where Northern Ocean's Profitability Rank falls into.


OSL:NOL
61GF Score
Northern Ocean Ltd OSL:NOL
Profitability Rank is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Northern Ocean Profitability Rank Calculation

GuruFocus Profitability Rank ranks how profitable a company is and how likely the company's business will stay that way.

The rank is rated on a scale of 1 to 10. A higher score indicates superior profitability, with companies rated 7 or above considered to have more robust and sustainable profit generation. Conversely, a score of 3 or lower suggests challenges in generating consistent profits.

Northern Ocean has the Profitability Rank of 3. It has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength. But if a company is consistently profitable, its financial strength will be stronger.

Profitability Rank is based on these factors:

1. Operating Margin %

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Northern Ocean's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-216.092 / 128.199
=-168.56 %

* 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.

2. Piotroski F-Score

Warning Sign:

Piotroski F-Score of 3 is low, which usually implies poor business operation.

The zones of discrimination were as such:

Good or high score = 8 or 9
Bad or low score = 0 or 1

Northern Ocean has an F-score of 3. It is a bad or low score, which usually implies poor business operation.

3. Trend of the Operating Margin % (5-year average). The company with an uptrend profit margin has a higher rank.

Good Sign:

Northern Ocean Ltd operating margin is expanding. Margin expansion is usually a good sign.

4. Consistency of the profitability

5. Predictability Rank

Frequently Asked Questions Learn more about Profitability Rank →
What does a Profitability Rank of 3 mean?
Northern Ocean (OSL:NOL) has a Profitability Rank of 3 as of Mar. 2026. Profitability and Growth ranks a company based on its profit margins and earnings growth. View historical data on Northern Ocean and its competitors. This is 50% above median its historical median of 2.00. Over the past decade, Northern Ocean's Profitability Rank has ranged from 1.00 to 4.00.
Is Northern Ocean's Profitability Rank too high?
Northern Ocean's current Profitability Rank of 3 is 50% above median its 10-year median of 2.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.00. Overall, Northern Ocean has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Northern Ocean's Profitability Rank compare to NE and RIG?
Northern Ocean's Profitability Rank of 3 can be compared against companies in the Oil & Gas industry. Historically, Northern Ocean's own Profitability Rank has ranged from 1.00 to 4.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Profitability Rank for an Oil & Gas company?
A good Profitability Rank depends on the Oil & Gas industry context. However, Profitability Rank should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Profitability Rank mean?
A high Profitability Rank can signal that a stock is expensive relative to its fundamentals. Profitability and Growth ranks a company based on its profit margins and earnings growth. View historical data on Northern Ocean and its competitors. Northern Ocean's current Profitability Rank is 3, which is 50% above median its own 10-year median of 2.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Ocean stock overvalued right now?
Based on GuruFocus' analysis, Northern Ocean (OSL:NOL) is currently considered Modestly Overvalued. The stock's GF Value™ is kr6.17, compared to a current price of kr7.44 — trading 20.6% above its estimated fair value. The current Profitability Rank is 3, which is 50% above median its 10-year median of 2.00. Northern Ocean's overall GF Score™ is 61/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Profitability Rank calculated?
Profitability Rank is calculated from a company's financial statements. For Northern Ocean (OSL:NOL), the current Profitability Rank is 3 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 Northern Ocean (OSL:NOL) Overvalued in 2026?

Based on GuruFocus' analysis, Northern Ocean stock appears to be overvalued. The current stock price of kr7.44 is trading 20.6% above its estimated GF Value™ of kr6.17. GuruFocus considers Northern Ocean to be Modestly Overvalued.

Key valuation signals for OSL:NOL:

  • Profitability Rank: 3 (50% above median its 10-year median of 2.00)
  • GF Value™: kr6.17 vs. price of kr7.44 (20.6% above fair value)
  • GF Score™: 61/100 with 4 warning signs

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


Northern Ocean Business Description

Industry EnergyOil & Gas
Other Exchanges NTNOF:USANOLo:Sweden
Address 14 Par La Ville Road, Par La Ville Place, PO Box HM 1593, Hamilton, BMU, HM08
Northern Ocean Ltd is an international offshore drilling contractor for the oil and gas industry. The company acquires and operates modern drilling assets and is engaged in offshore contract drilling in benign and harsh environments, including ultra-deep-water environments. It owns a semi-submersible rig, Deepsea Mira. The company earns revenue mainly from drilling contracts for rigs.
61GF Score

Get the complete analysis for OSL:NOL

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

kr7.44
Price
kr6.17
GF Value