EAM Solar AS (OSL:EAM) ROC (Joel Greenblatt) %: 74.17% (As of Mar. 2026)


OSL:EAM EAM Solar AS OSL:EAM
27 GF Score
Price kr1.10
GF Value kr0.53
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is EAM Solar AS ROC (Joel Greenblatt) %?

EAM Solar AS OSL:EAM +14.11% 27 ROC (Joel Greenblatt) % is 74.17% as of Mar. 2026. GuruFocus rates OSL:EAM with a GF Score™ of 27/100 and a GF Value™ of kr0.53 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 435 Utilities - Independent Power Producers companies, EAM Solar AS ranks better than 79.54% 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. EAM Solar AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 74.17%.

The historical rank and industry rank for EAM Solar AS's ROC (Joel Greenblatt) % or its related term are showing as below:

OSL:EAM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -62.57   Med: -14.04   Max: 19.18
Current: 19.18

During the past 13 years, EAM Solar AS's highest ROC (Joel Greenblatt) % was 19.18%. The lowest was -62.57%. And the median was -14.04%.

OSL:EAM's ROC (Joel Greenblatt) % is ranked better than
79.54% of 435 companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.54 vs OSL:EAM: 19.18

EAM Solar AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


EAM Solar AS  (OSL:EAM) 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.


EAM Solar AS ROC (Joel Greenblatt) % Related Terms


EAM Solar AS ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for EAM Solar AS'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.

EAM Solar AS ROC (Joel Greenblatt) % Chart

EAM Solar AS 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 -33.07 -25.68 -12.00 -16.08 -9.09

EAM Solar AS 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 -15.80 -4.19 2.08 -19.93 74.17

EAM Solar AS ROC (Joel Greenblatt) % Competitor Comparison

For the Utilities - Renewable subindustry, EAM Solar AS'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.


EAM Solar AS ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, EAM Solar AS's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where EAM Solar AS's ROC (Joel Greenblatt) % falls into.


OSL:EAM
27GF Score
EAM Solar AS OSL:EAM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EAM Solar AS 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)
=(4.651 + 0 + 70.997) - (7.444 + 0 + -0.011999999999999)
=68.216

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3.327 + 0 + 87.988) - (10.384 + 0 + 0.00099999999999945)
=80.93

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of EAM Solar AS 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 )
=91.472/( ( (51.777 + max(68.216, 0)) + (45.747 + max(80.93, 0)) )/ 2 )
=91.472/( ( 119.993 + 126.677 )/ 2 )
=91.472/123.335
=74.17 %

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 74.17% mean?
EAM Solar AS (OSL:EAM) has a ROC (Joel Greenblatt) % of 74.17% 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 EAM Solar AS and its competitors. According to the industry distribution chart, EAM Solar AS ranks #89 out of 435 companies in the Utilities - Independent Power Producers industry, placing it in the top 20.5%.
Is EAM Solar AS's ROC (Joel Greenblatt) % too high?
EAM Solar AS's current ROC (Joel Greenblatt) % is 74.17%. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.54. EAM Solar AS's value of 74.17% is 1034.1% above this industry median. Based on the distribution chart, EAM Solar AS ranks #89 out of 435 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, EAM Solar AS has a GF Score™ of 27/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EAM Solar AS's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, EAM Solar AS ranks #89 out of 435 companies for ROC (Joel Greenblatt) %. This places EAM Solar AS in the top 21% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 6.54. EAM Solar AS's value of 74.17% is 1034.1% above this benchmark. 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 Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.54, based on 435 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. EAM Solar AS's current ROC (Joel Greenblatt) % of 74.17% is 1034.1% 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 EAM Solar AS and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EAM Solar AS's current ROC (Joel Greenblatt) % is 74.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EAM Solar AS stock overvalued right now?
Based on GuruFocus' analysis, EAM Solar AS (OSL:EAM) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.53, compared to a current price of kr1.10 — trading 107.5% above its estimated fair value. The current ROC (Joel Greenblatt) % is 74.17% and 1034.1% above the Utilities - Independent Power Producers industry median of 6.54. EAM Solar AS's overall GF Score™ is 27/100 with 6 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 EAM Solar AS (OSL:EAM), the current ROC (Joel Greenblatt) % is 74.17% 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 EAM Solar AS (OSL:EAM) Overvalued in 2026?

Based on GuruFocus' analysis, EAM Solar AS stock appears to be overvalued. The current stock price of kr1.10 is trading 107.5% above its estimated GF Value™ of kr0.53. GuruFocus considers EAM Solar AS to be Significantly Overvalued.

Key valuation signals for OSL:EAM:

  • ROC (Joel Greenblatt) %: 74.17%
  • GF Value™: kr0.53 vs. price of kr1.10 (107.5% above fair value)
  • GF Score™: 27/100 with 6 warning signs
  • Industry Position: 1034.1% above the Utilities - Independent Power Producers median (#89 of 435)

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


EAM Solar AS Business Description

Other Exchanges 0QDW:UKEA20:Germany
Address Karenslyst Alle 10, Oslo, NOR, 0278
EAM Solar AS primary business is to own solar PV power plants and sell electricity under long-term fixed-price sales contracts, and to pursue legal proceedings to restore company values. The Company's primary assets include four solar PV power plants in Italy, in the regions of Apulia and Basilicata in Southern Italy.
27GF Score

Get the complete analysis for OSL:EAM

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

kr1.10
Price
kr0.53
GF Value