KBGGY (Kongsberg Gruppen ASA) ROC (Joel Greenblatt) %: 67.72% (As of Mar. 2026) — 60% Above Median


KBGGY Kongsberg Gruppen ASA KBGGY
77 GF Score
Price $16.87
GF Value $12.17
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Kongsberg Gruppen ASA ROC (Joel Greenblatt) %?

Kongsberg Gruppen ASA KBGGY +3.17% 77 ROC (Joel Greenblatt) % is 67.72% as of Mar. 2026, which is 60% above its 10-year median of 42.39. GuruFocus rates KBGGY with a GF Score™ of 77/100 and a GF Value™ of $12.17 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 354 Aerospace & Defense companies, Kongsberg Gruppen ASA ranks better than 92.66% 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. Kongsberg Gruppen ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 67.72%.

The historical rank and industry rank for Kongsberg Gruppen ASA's ROC (Joel Greenblatt) % or its related term are showing as below:

KBGGY' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 25.29   Med: 42.39   Max: 80.95
Current: 80.95

During the past 13 years, Kongsberg Gruppen ASA's highest ROC (Joel Greenblatt) % was 80.95%. The lowest was 25.29%. And the median was 42.39%.

KBGGY's ROC (Joel Greenblatt) % is ranked better than
92.66% of 354 companies
in the Aerospace & Defense industry
Industry Median: 10.77 vs KBGGY: 80.95

Kongsberg Gruppen ASA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 8.50% per year.


Kongsberg Gruppen ASA  (OTCPK:KBGGY) ROC (Joel Greenblatt) % Explanation

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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Kongsberg Gruppen ASA ROC (Joel Greenblatt) % Related Terms


Kongsberg Gruppen ASA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Kongsberg Gruppen 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.

Kongsberg Gruppen ASA ROC (Joel Greenblatt) % Chart

Kongsberg Gruppen ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 55.01 63.15 74.27 46.78 70.85

Kongsberg Gruppen ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % 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 44.93 89.77 87.69 79.23 67.72

KBGGY vs SPCX, GE, RTX: ROC (Joel Greenblatt) % Comparison

For the Aerospace & Defense subindustry, Kongsberg Gruppen 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.


Kongsberg Gruppen ASA ROC (Joel Greenblatt) % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Kongsberg Gruppen ASA's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Kongsberg Gruppen ASA's ROC (Joel Greenblatt) % falls into.


KBGGY
77GF Score
Kongsberg Gruppen ASA KBGGY
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kongsberg Gruppen ASA ROC (Joel Greenblatt) % Calculation

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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(402.2 + 599.788 + 2109.154) - (304.544 + 0 + 4834.717)
=-2028.119

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(398.712 + 627.938 + 2477.481) - (0 + 0 + 5545.524)
=-2041.393

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Kongsberg Gruppen ASA for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=634.876/( ( (918.481 + max(-2028.119, 0)) + (956.453 + max(-2041.393, 0)) )/ 2 )
=634.876/( ( 918.481 + 956.453 )/ 2 )
=634.876/937.467
=67.72 %

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 67.72% mean?
Kongsberg Gruppen ASA (KBGGY) has a ROC (Joel Greenblatt) % of 67.72% 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 Kongsberg Gruppen ASA and its competitors. This is 60% above median its historical median of 42.39. Over the past decade, Kongsberg Gruppen ASA's ROC (Joel Greenblatt) % has ranged from 25.29 to 80.95. According to the industry distribution chart, Kongsberg Gruppen ASA ranks #26 out of 354 companies in the Aerospace & Defense industry, placing it in the top 7.3%.
Is Kongsberg Gruppen ASA's ROC (Joel Greenblatt) % too high?
Kongsberg Gruppen ASA's current ROC (Joel Greenblatt) % of 67.72% is 60% above median its 10-year median of 42.39. Over the past 10 years, this metric has ranged from a low of 25.29 to a high of 80.95. The Aerospace & Defense industry median ROC (Joel Greenblatt) % is 10.77. Kongsberg Gruppen ASA's value of 67.72% is 528.8% above this industry median. Based on the distribution chart, Kongsberg Gruppen ASA ranks #26 out of 354 companies in the Aerospace & Defense industry, which is in the top quartile — a strong position relative to peers. Overall, Kongsberg Gruppen ASA has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kongsberg Gruppen ASA's ROC (Joel Greenblatt) % compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Kongsberg Gruppen ASA ranks #26 out of 354 companies for ROC (Joel Greenblatt) %. This places Kongsberg Gruppen ASA in the top 7% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.77. Kongsberg Gruppen ASA's value of 67.72% is 528.8% above this benchmark. Historically, Kongsberg Gruppen ASA's own ROC (Joel Greenblatt) % has ranged from 25.29 to 80.95 over the past decade. While the company's 10-year median is 42.39 vs. the industry median of 10.77, Kongsberg Gruppen 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 an Aerospace & Defense company?
The median ROC (Joel Greenblatt) % among Aerospace & Defense companies is 10.77, based on 354 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. Kongsberg Gruppen ASA's current ROC (Joel Greenblatt) % of 67.72% is 528.8% 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 Kongsberg Gruppen ASA and its competitors. For the Aerospace & Defense industry, the median ROC (Joel Greenblatt) % is 10.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kongsberg Gruppen ASA's current ROC (Joel Greenblatt) % is 67.72%, which is 60% above median its own 10-year median of 42.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kongsberg Gruppen ASA stock overvalued right now?
Based on GuruFocus' analysis, Kongsberg Gruppen ASA (KBGGY) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.17, compared to a current price of $16.87 — trading 38.6% above its estimated fair value. The current ROC (Joel Greenblatt) % is 67.72%, which is 60% above median its 10-year median of 42.39 and 528.8% above the Aerospace & Defense industry median of 10.77. Kongsberg Gruppen ASA's overall GF Score™ is 77/100 with 7 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 Kongsberg Gruppen ASA (KBGGY), the current ROC (Joel Greenblatt) % is 67.72% 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 Kongsberg Gruppen ASA (KBGGY) Overvalued in 2026?

Based on GuruFocus' analysis, Kongsberg Gruppen ASA stock appears to be overvalued. The current stock price of $16.87 is trading 38.6% above its estimated GF Value™ of $12.17. GuruFocus considers Kongsberg Gruppen ASA to be Significantly Overvalued.

Key valuation signals for KBGGY:

  • ROC (Joel Greenblatt) %: 67.72% (60% above median its 10-year median of 42.39)
  • GF Value™: $12.17 vs. price of $16.87 (38.6% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 528.8% above the Aerospace & Defense median (#26 of 354)

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


Kongsberg Gruppen ASA Business Description

Address Kirkegardsveien 45, Kongsberg, NOR, N-3616
Kongsberg Gruppen is an international technology company focused on defense, aerospace, and advanced sensing and surveillance solutions following the spinoff of its maritime business. The group's activities are centered on Kongsberg Defence & Aerospace and Kongsberg Discovery, providing defense systems, missiles, air defense, and subsea and monitoring technologies.
77GF Score

Get the complete analysis for KBGGY

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.87
Price
$12.17
GF Value