Borgestad ASAOSL:BOR 64 ROC (Joel Greenblatt) % is -33.10% as of Mar. 2026. GuruFocus rates OSL:BOR with a GF Score™ of 64/100 and a GF Value™ of kr16.31 (Fairly Valued). The stock has 5 warning signs investors should review. Among 408 Building Materials companies, Borgestad ASA ranks better than 76.72% 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. Borgestad ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -33.10%.
The historical rank and industry rank for Borgestad ASA's ROC (Joel Greenblatt) % or its related term are showing as below:
OSL:BOR'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -38.32 Med: 7.38 Max: 52.36
Current: 19.44
During the past 13 years, Borgestad ASA's highest ROC (Joel Greenblatt) % was 52.36%. The lowest was -38.32%. And the median was 7.38%.
OSL:BOR's ROC (Joel Greenblatt) % is ranked better than 76.72% of 408
companies
in the Building Materials industry
Industry Median: 8.565
vs OSL:BOR: 19.44
Borgestad ASA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% 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.
Borgestad ASA ROC (Joel Greenblatt) % Related Terms
Borgestad ASA ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Borgestad 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:BOR vs CRH, VMC, MLM: ROC (Joel Greenblatt) % Comparison
For the Building Materials subindustry, Borgestad 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.
Borgestad ASA ROC (Joel Greenblatt) % vs Building Materials Industry
For the Building Materials industry and Basic Materials sector, Borgestad ASA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Borgestad 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 -33.10% mean?
Borgestad ASA (OSL:BOR) has a ROC (Joel Greenblatt) % of -33.10% 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 Borgestad ASA and its competitors. According to the industry distribution chart, Borgestad ASA ranks #95 out of 408 companies in the Building Materials industry, placing it in the top 23.3%.
Is Borgestad ASA's ROC (Joel Greenblatt) % too high?
Borgestad ASA's current ROC (Joel Greenblatt) % is -33.10%. Based on the distribution chart, Borgestad ASA ranks #95 out of 408 companies in the Building Materials industry, which is in the top quartile — a strong position relative to peers. Overall, Borgestad ASA has a GF Score™ of 64/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Borgestad ASA's ROC (Joel Greenblatt) % compare to CRH and VMC?
According to the Building Materials industry distribution chart, Borgestad ASA ranks #95 out of 408 companies for ROC (Joel Greenblatt) %. This places Borgestad ASA in the top 23% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 8.57. 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 Building Materials company?
The median ROC (Joel Greenblatt) % among Building Materials companies is 8.57, based on 408 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. 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 Borgestad ASA and its competitors. For the Building Materials industry, the median ROC (Joel Greenblatt) % is 8.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Borgestad ASA's current ROC (Joel Greenblatt) % is -33.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Borgestad ASA stock overvalued right now?
Based on GuruFocus' analysis, Borgestad ASA (OSL:BOR) is currently considered Fairly Valued. The stock's GF Value™ is kr16.31, compared to a current price of kr16.75 — trading 2.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is -33.10%. Borgestad ASA's overall GF Score™ is 64/100 with 5 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 Borgestad ASA (OSL:BOR), the current ROC (Joel Greenblatt) % is -33.10% 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 Borgestad ASA (OSL:BOR) Overvalued in 2026?
Based on GuruFocus' analysis, Borgestad ASA stock appears to be overvalued.
The current stock price of kr16.75 is trading 2.7% above its estimated GF Value™ of kr16.31.
GuruFocus considers Borgestad ASA to be Fairly Valued.
Key valuation signals for OSL:BOR:
ROC (Joel Greenblatt) %: -33.10%
GF Value™: kr16.31 vs. price of kr16.75 (2.7% above fair value)
No single metric tells the full story. See the OSL:BOR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Borgestad ASA is an investment company engaged in the real estate and refractory businesses. The Group has three operating segments: Real Estate, Refractory, and Other Activities. The Real Estate segment consists mainly of the Agora Bytom shopping center in Bytom, Poland. The Refractory segment develops, manufactures, and delivers refractory products, installations, and concept solutions to industrial customers through the Hoganas Borgestad Group. Its refractory materials are used to protect industrial production equipment exposed to high temperatures. The Other Activities segment includes operations in Borgestad ASA and its holding companies. Geographically, the company derives key revenue from Sweden, followed by Norway, Finland, and other regions.
64GF Score
Get the complete analysis for OSL:BOR
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSL:BOR has been successfully added to your 
