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Arendals Fossekompani ASAOSL:AFK +1.10%66 ROC (Joel Greenblatt) % is 48.16% as of Mar. 2026, which is 79% above its 10-year median of 26.94. GuruFocus rates OSL:AFK with a GF Score™ of 66/100 and a GF Value™ of kr122.48 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 562 Conglomerates companies, Arendals Fossekompani ASA ranks better than 88.08% 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. Arendals Fossekompani ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 48.16%.
The historical rank and industry rank for Arendals Fossekompani ASA's ROC (Joel Greenblatt) % or its related term are showing as below:
OSL:AFK'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 11.93 Med: 26.94 Max: 65.68
Current: 65.68
During the past 13 years, Arendals Fossekompani ASA's highest ROC (Joel Greenblatt) % was 65.68%. The lowest was 11.93%. And the median was 26.94%.
OSL:AFK's ROC (Joel Greenblatt) % is ranked better than 88.08% of 562
companies
in the Conglomerates industry
Industry Median: 14.71
vs OSL:AFK: 65.68
Arendals Fossekompani ASA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -5.50% 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.
Arendals Fossekompani ASA ROC (Joel Greenblatt) % Related Terms
Arendals Fossekompani ASA ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Arendals Fossekompani 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.
OSL:AFK vs MMM, HON: ROC (Joel Greenblatt) % Comparison
For the Conglomerates subindustry, Arendals Fossekompani 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.
Arendals Fossekompani ASA ROC (Joel Greenblatt) % vs Conglomerates Industry
For the Conglomerates industry and Industrials sector, Arendals Fossekompani ASA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Arendals Fossekompani 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 48.16% mean?
Arendals Fossekompani ASA (OSL:AFK) has a ROC (Joel Greenblatt) % of 48.16% 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 Arendals Fossekompani ASA and its competitors. This is 79% above median its historical median of 26.94. Over the past decade, Arendals Fossekompani ASA's ROC (Joel Greenblatt) % has ranged from 11.93 to 65.68. According to the industry distribution chart, Arendals Fossekompani ASA ranks #67 out of 562 companies in the Conglomerates industry, placing it in the top 11.9%.
Is Arendals Fossekompani ASA's ROC (Joel Greenblatt) % too high?
Arendals Fossekompani ASA's current ROC (Joel Greenblatt) % of 48.16% is 79% above median its 10-year median of 26.94. Over the past 10 years, this metric has ranged from a low of 11.93 to a high of 65.68. The Conglomerates industry median ROC (Joel Greenblatt) % is 14.71. Arendals Fossekompani ASA's value of 48.16% is 227.4% above this industry median. Based on the distribution chart, Arendals Fossekompani ASA ranks #67 out of 562 companies in the Conglomerates industry, which is in the top quartile — a strong position relative to peers. Overall, Arendals Fossekompani 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 Arendals Fossekompani ASA's ROC (Joel Greenblatt) % compare to MMM and HON?
According to the Conglomerates industry distribution chart, Arendals Fossekompani ASA ranks #67 out of 562 companies for ROC (Joel Greenblatt) %. This places Arendals Fossekompani ASA in the top 12% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 14.71. Arendals Fossekompani ASA's value of 48.16% is 227.4% above this benchmark. Historically, Arendals Fossekompani ASA's own ROC (Joel Greenblatt) % has ranged from 11.93 to 65.68 over the past decade. While the company's 10-year median is 26.94 vs. the industry median of 14.71, Arendals Fossekompani 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 Conglomerates company?
The median ROC (Joel Greenblatt) % among Conglomerates companies is 14.71, based on 562 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. Arendals Fossekompani ASA's current ROC (Joel Greenblatt) % of 48.16% is 227.4% 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 Arendals Fossekompani ASA and its competitors. For the Conglomerates industry, the median ROC (Joel Greenblatt) % is 14.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arendals Fossekompani ASA's current ROC (Joel Greenblatt) % is 48.16%, which is 79% above median its own 10-year median of 26.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arendals Fossekompani ASA stock overvalued right now?
Based on GuruFocus' analysis, Arendals Fossekompani ASA (OSL:AFK) is currently considered Significantly Overvalued. The stock's GF Value™ is kr122.48, compared to a current price of kr184.00 — trading 50.2% above its estimated fair value. The current ROC (Joel Greenblatt) % is 48.16%, which is 79% above median its 10-year median of 26.94 and 227.4% above the Conglomerates industry median of 14.71. Arendals Fossekompani 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 Arendals Fossekompani ASA (OSL:AFK), the current ROC (Joel Greenblatt) % is 48.16% 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 Arendals Fossekompani ASA (OSL:AFK) Overvalued in 2026?
Based on GuruFocus' analysis, Arendals Fossekompani ASA stock appears to be overvalued.
The current stock price of kr184.00 is trading 50.2% above its estimated GF Value™ of kr122.48.
GuruFocus considers Arendals Fossekompani ASA to be Significantly Overvalued.
Key valuation signals for OSL:AFK:
ROC (Joel Greenblatt) %: 48.16% (79% above median its 10-year median of 26.94)
GF Value™: kr122.48 vs. price of kr184.00 (50.2% above fair value)
Industry Position: 227.4% above the Conglomerates median (#67 of 562)
No single metric tells the full story. See the OSL:AFK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arendals Fossekompani ASA is an industrial investment company holding several core investments and a portfolio of financial investments. The company invests in and owns companies that make energy from renewable sources more usable and accessible, and that contribute to a more sustainable use of resources. It owns and operates two hydropower plants. In addition, the firm operates globally in many forward-looking industries, including 3D printing, algo trading, satellite services, battery and solar technology, software and digitalization, as well as various green energy technologies. The company has seven operating segments: Group Management, AFK Vannkraft, NSSLGIobaI, ENRX, Tekna, AFK Eiendom, and Others.
66GF Score
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