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Bouvet ASAFRA:BV4 +0.25%80 ROC (Joel Greenblatt) % is 141.69% as of Mar. 2026, which is 2% above its 10-year median of 139.10. GuruFocus rates FRA:BV4 with a GF Score™ of 80/100 and a GF Value™ of €6.19 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,816 Software companies, Bouvet ASA ranks better than 75.82% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Bouvet ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 141.69%.
The historical rank and industry rank for Bouvet ASA's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:BV4'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 114.51 Med: 139.1 Max: 429.01
Current: 120.93
During the past 13 years, Bouvet ASA's highest ROC (Joel Greenblatt) % was 429.01%. The lowest was 114.51%. And the median was 139.10%.
FRA:BV4's ROC (Joel Greenblatt) % is ranked better than 75.82% of 2816
companies
in the Software industry
Industry Median: 20.03
vs FRA:BV4: 120.93
Bouvet ASA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 2.20% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Bouvet ASA ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Bouvet ASA's ROC (Joel Greenblatt) % 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.
FRA:BV4 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Bouvet ASA's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.
Bouvet ASA ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Bouvet ASA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Bouvet ASA's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 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.
What does a ROC (Joel Greenblatt) % of 141.69% mean?
Bouvet ASA (FRA:BV4) has a ROC (Joel Greenblatt) % of 141.69% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Bouvet ASA and its competitors. This is near median its historical median of 139.10. Over the past decade, Bouvet ASA's ROC (Joel Greenblatt) % has ranged from 114.51 to 429.01. According to the industry distribution chart, Bouvet ASA ranks #681 out of 2816 companies in the Software industry, placing it in the top 24.2%.
Is Bouvet ASA's ROC (Joel Greenblatt) % too high?
Bouvet ASA's current ROC (Joel Greenblatt) % of 141.69% is near median its 10-year median of 139.10. Over the past 10 years, this metric has ranged from a low of 114.51 to a high of 429.01. The Software industry median ROC (Joel Greenblatt) % is 20.03. Bouvet ASA's value of 141.69% is 607.4% above this industry median. Based on the distribution chart, Bouvet ASA ranks #681 out of 2816 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Bouvet ASA has a GF Score™ of 80/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bouvet ASA's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Bouvet ASA ranks #681 out of 2816 companies for ROC (Joel Greenblatt) %. This places Bouvet ASA in the top 24% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 20.03. Bouvet ASA's value of 141.69% is 607.4% above this benchmark. Historically, Bouvet ASA's own ROC (Joel Greenblatt) % has ranged from 114.51 to 429.01 over the past decade. While the company's 10-year median is 139.10 vs. the industry median of 20.03, Bouvet ASA 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 ROC (Joel Greenblatt) % for a Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.03, based on 2,816 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Bouvet ASA's current ROC (Joel Greenblatt) % of 141.69% is 607.4% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Bouvet ASA and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bouvet ASA's current ROC (Joel Greenblatt) % is 141.69%, which is near median its own 10-year median of 139.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bouvet ASA stock overvalued right now?
Based on GuruFocus' analysis, Bouvet ASA (FRA:BV4) is currently considered Possible Value Trap. The stock's GF Value™ is €6.19, compared to a current price of €3.98 — trading 35.8% below its estimated fair value. The current ROC (Joel Greenblatt) % is 141.69%, which is near median its 10-year median of 139.10 and 607.4% above the Software industry median of 20.03. Bouvet ASA's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Bouvet ASA (FRA:BV4), the current ROC (Joel Greenblatt) % is 141.69% 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 Bouvet ASA (FRA:BV4) Overvalued in 2026?
Based on GuruFocus' analysis, Bouvet ASA stock appears to be undervalued.
The current stock price of €3.98 is trading 35.8% below its estimated GF Value™ of €6.19.
GuruFocus considers Bouvet ASA to be Possible Value Trap.
Key valuation signals for FRA:BV4:
ROC (Joel Greenblatt) %: 141.69% (near median its 10-year median of 139.10)
GF Value™: €6.19 vs. price of €3.98 (35.8% below fair value)
Industry Position: 607.4% above the Software median (#681 of 2816)
No single metric tells the full story. See the FRA:BV4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bouvet ASA is a consultancy company that provides advice in the field of information technology and digital communication. It helps enterprises shape digital solutions that create efficiency and new business opportunities. The company caters to both private and public-sector players. Some of the business sectors that it caters to include Power supply, Industry, Oil and gas, Public admin, Transportation, Retail, Information and communication, Service industry, and Health. The company's geographical segments are Norway, Sweden, and other countries, of which the vast majority of its revenue comes from Norway.
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