AKVA Group ASALTS:0DIP 66 ROC (Joel Greenblatt) % is 45.78% as of Mar. 2026, which is 95% above its 10-year median of 23.47. GuruFocus rates LTS:0DIP with a GF Score™ of 66/100 and a GF Value™ of kr88.48 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 208 Farm & Heavy Construction Machinery companies, AKVA Group ASA ranks better than 80.77% 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. AKVA Group ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 45.78%.
The historical rank and industry rank for AKVA Group ASA's ROC (Joel Greenblatt) % or its related term are showing as below:
LTS:0DIP'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -14.23 Med: 23.47 Max: 49.3
Current: 37.49
During the past 13 years, AKVA Group ASA's highest ROC (Joel Greenblatt) % was 49.30%. The lowest was -14.23%. And the median was 23.47%.
LTS:0DIP's ROC (Joel Greenblatt) % is ranked better than 80.77% of 208
companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 13.465
vs LTS:0DIP: 37.49
AKVA Group ASA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
AKVA Group ASA (LTS:0DIP) 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.
AKVA Group ASA ROC (Joel Greenblatt) % Related Terms
AKVA Group ASA ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for AKVA Group 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.
LTS:0DIP vs CAT, DE, PCAR: ROC (Joel Greenblatt) % Comparison
For the Farm & Heavy Construction Machinery subindustry, AKVA Group 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.
AKVA Group ASA ROC (Joel Greenblatt) % vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, AKVA Group ASA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where AKVA Group ASA's ROC (Joel Greenblatt) % falls into.
AKVA Group 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:
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 45.78% mean?
AKVA Group ASA (LTS:0DIP) has a ROC (Joel Greenblatt) % of 45.78% 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 AKVA Group ASA and its competitors. This is 95% above median its historical median of 23.47. According to the industry distribution chart, AKVA Group ASA ranks #40 out of 208 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 19.2%.
Is AKVA Group ASA's ROC (Joel Greenblatt) % too high?
AKVA Group ASA's current ROC (Joel Greenblatt) % of 45.78% is 95% above median its 10-year median of 23.47. The Farm & Heavy Construction Machinery industry median ROC (Joel Greenblatt) % is 13.47. AKVA Group ASA's value of 45.78% is 240% above this industry median. Based on the distribution chart, AKVA Group ASA ranks #40 out of 208 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, AKVA Group ASA has a GF Score™ of 66/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AKVA Group ASA's ROC (Joel Greenblatt) % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, AKVA Group ASA ranks #40 out of 208 companies for ROC (Joel Greenblatt) %. This places AKVA Group ASA in the top 19% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 13.47. AKVA Group ASA's value of 45.78% is 240% above this benchmark. While the company's 10-year median is 23.47 vs. the industry median of 13.47, AKVA Group 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 Farm & Heavy Construction Machinery company?
The median ROC (Joel Greenblatt) % among Farm & Heavy Construction Machinery companies is 13.47, based on 208 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. AKVA Group ASA's current ROC (Joel Greenblatt) % of 45.78% is 240% 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 AKVA Group ASA and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROC (Joel Greenblatt) % is 13.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AKVA Group ASA's current ROC (Joel Greenblatt) % is 45.78%, which is 95% above median its own 10-year median of 23.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AKVA Group ASA stock overvalued right now?
Based on GuruFocus' analysis, AKVA Group ASA (LTS:0DIP) is currently considered Significantly Overvalued. The stock's GF Value™ is kr88.48, compared to a current price of kr134.00 — trading 51.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 45.78%, which is 95% above median its 10-year median of 23.47 and 240% above the Farm & Heavy Construction Machinery industry median of 13.47. AKVA Group ASA's overall GF Score™ is 66/100 with 8 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 AKVA Group ASA (LTS:0DIP), the current ROC (Joel Greenblatt) % is 45.78% 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 AKVA Group ASA (LTS:0DIP) Overvalued in 2026?
Based on GuruFocus' analysis, AKVA Group ASA stock appears to be overvalued.
The current stock price of kr134.00 is trading 51.4% above its estimated GF Value™ of kr88.48.
GuruFocus considers AKVA Group ASA to be Significantly Overvalued.
Key valuation signals for LTS:0DIP:
ROC (Joel Greenblatt) %: 45.78% (95% above median its 10-year median of 23.47)
GF Value™: kr88.48 vs. price of kr134.00 (51.4% above fair value)
Industry Position: 240% above the Farm & Heavy Construction Machinery median (#40 of 208)
No single metric tells the full story. See the LTS:0DIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
AKVA Group ASA is a technology and service partner in the aquaculture industry. The company has three operating segments; Sea-Based Technology includes products like feed barges, fish farming cages, feed systems, nets, sensors, cameras, light systems, net cleaning systems, and remotely operating vehicles, Land Based Technology includes Recirculation technology that allows re-use of the water by cleaning the water and restoring important water quality parameters, using water treatment technology, and Digital includes products like FishtalkTM, AKVAconnect, and Observe. The FishtalkTM software includes brands such as Production control, planning, traceability, and ERP software for both the aquaculture and the fishing industry.
66GF Score
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