Odfjell DrillingFRA:OD3 -1.06%76 ROA % is 11.17% as of Mar. 2026, which is 280% above its 10-year median of 2.94. GuruFocus rates FRA:OD3 with a GF Score™ of 76/100 and a GF Value™ of €6.18 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,025 Oil & Gas companies, Odfjell Drilling ranks better than 84.49% on this metric.
ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Odfjell Drilling's annualizedNet Income for the quarter that ended in Mar. 2026 was €253.6 Mil.
Odfjell Drilling's average Total Assets over the quarter that ended in Mar. 2026 was €2,271.0 Mil. Therefore, Odfjell Drilling's annualized ROA % for the quarter that ended in Mar. 2026 was 11.17%.
The historical rank and industry rank for Odfjell Drilling's ROA % or its related term are showing as below:
FRA:OD3'
s ROA % Range Over the Past 10 Years
Min: -2.59 Med: 2.94 Max: 10.12
Current: 8.92
During the past 13 years, Odfjell Drilling's highest ROA % was 10.12%. The lowest was -2.59%. And the median was 2.94%.
FRA:OD3's ROA % is ranked better than 84.49% of 1025
companies
in the Oil & Gas industry
Industry Median: 1.89
vs FRA:OD3: 8.92
Odfjell Drilling (FRA:OD3) ROA % Explanation
ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A banks ROA % is typically well under 2%.
Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:
Note:
The Net Income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue 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.
Be Aware
Like ROE, ROA % is calculated with only 12 months 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. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.
E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.
Odfjell Drilling ROA % Related Terms
Odfjell Drilling ROA % Historical Data
* Premium members only.
The historical data trend for Odfjell Drilling's ROA % 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.
For the Oil & Gas Drilling subindustry, Odfjell Drilling's ROA %, along with its competitors' market caps and ROA % 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.
Odfjell Drilling ROA % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Odfjell Drilling's ROA % distribution charts can be found below:
* The bar in red indicates where Odfjell Drilling's ROA % falls into.
* 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.
In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Mar. 2026) net income data.
ROA % is displayed in the 30-year financial page.
Odfjell Drilling (FRA:OD3) has a ROA % of 11.17% as of Mar. 2026. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Odfjell Drilling and its competitors. This is 280% above median its historical median of 2.94. According to the industry distribution chart, Odfjell Drilling ranks #159 out of 1025 companies in the Oil & Gas industry, placing it in the top 15.5%.
Is Odfjell Drilling's ROA % too high?
Odfjell Drilling's current ROA % of 11.17% is 280% above median its 10-year median of 2.94. The Oil & Gas industry median ROA % is 1.89. Odfjell Drilling's value of 11.17% is 491% above this industry median. Based on the distribution chart, Odfjell Drilling ranks #159 out of 1025 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Odfjell Drilling has a GF Score™ of 76/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odfjell Drilling's ROA % compare to NE and RIG?
According to the Oil & Gas industry distribution chart, Odfjell Drilling ranks #159 out of 1025 companies for ROA %. This places Odfjell Drilling in the top 16% of its industry — outperforming the majority of peers. The industry median ROA % is 1.89. Odfjell Drilling's value of 11.17% is 491% above this benchmark. While the company's 10-year median is 2.94 vs. the industry median of 1.89, Odfjell Drilling has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROA % for an Oil & Gas company?
The median ROA % among Oil & Gas companies is 1.89, based on 1,025 companies in the industry. Companies in the top quartile (top 25%) have a ROA % significantly above this median, while those in the bottom quartile fall well below. However, ROA % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Odfjell Drilling's current ROA % of 11.17% is 491% 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 ROA % mean?
A high ROA % can signal that a stock is expensive relative to its fundamentals. Return on assets is the ratio of current-period net income to average two-period total assets. View historical data on Odfjell Drilling and its competitors. For the Oil & Gas industry, the median ROA % is 1.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odfjell Drilling's current ROA % is 11.17%, which is 280% above median its own 10-year median of 2.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odfjell Drilling stock overvalued right now?
Based on GuruFocus' analysis, Odfjell Drilling (FRA:OD3) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.18, compared to a current price of €7.49 — trading 21.2% above its estimated fair value. The current ROA % is 11.17%, which is 280% above median its 10-year median of 2.94 and 491% above the Oil & Gas industry median of 1.89. Odfjell Drilling's overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROA % calculated?
ROA % is calculated from a company's financial statements. For Odfjell Drilling (FRA:OD3), the current ROA % is 11.17% 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 Odfjell Drilling (FRA:OD3) Overvalued in 2026?
Based on GuruFocus' analysis, Odfjell Drilling stock appears to be overvalued.
The current stock price of €7.49 is trading 21.2% above its estimated GF Value™ of €6.18.
GuruFocus considers Odfjell Drilling to be Modestly Overvalued.
Key valuation signals for FRA:OD3:
ROA %: 11.17% (280% above median its 10-year median of 2.94)
GF Value™: €6.18 vs. price of €7.49 (21.2% above fair value)
Industry Position: 491% above the Oil & Gas median (#159 of 1025)
No single metric tells the full story. See the FRA:OD3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet and External Fleet. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units, mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, it generates the majority of its revenue from Norway.
76GF Score
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