Eidesvik Offshore ASA (OSL:EIOF) ROC (Joel Greenblatt) %: 5.74% (As of Mar. 2026) — 17% Above Median

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OSL:EIOF Eidesvik Offshore ASA OSL:EIOF
76 GF Score
Price kr15.75
GF Value kr14.53
Valuation Fairly Valued
! 6 Warning Signs
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What is Eidesvik Offshore ASA ROC (Joel Greenblatt) %?

Eidesvik Offshore ASA OSL:EIOF +3.96% 76 ROC (Joel Greenblatt) % is 5.74% as of Mar. 2026, which is 17% above its 10-year median of 4.89. GuruFocus rates OSL:EIOF with a GF Score™ of 76/100 and a GF Value™ of kr14.53 (Fairly Valued). The stock has 6 warning signs investors should review. Among 997 Oil & Gas companies, Eidesvik Offshore ASA ranks worse than 58.27% 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. Eidesvik Offshore ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.74%.

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

OSL:EIOF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -19.95   Med: 4.89   Max: 39.57
Current: 5.21

During the past 13 years, Eidesvik Offshore ASA's highest ROC (Joel Greenblatt) % was 39.57%. The lowest was -19.95%. And the median was 4.89%.

OSL:EIOF's ROC (Joel Greenblatt) % is ranked worse than
58.27% of 997 companies
in the Oil & Gas industry
Industry Median: 8.55 vs OSL:EIOF: 5.21

Eidesvik Offshore ASA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


Eidesvik Offshore ASA  (OSL:EIOF) 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.


Eidesvik Offshore ASA ROC (Joel Greenblatt) % Related Terms


Eidesvik Offshore ASA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Eidesvik Offshore 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.

Eidesvik Offshore ASA ROC (Joel Greenblatt) % Chart

Eidesvik Offshore 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 4.92 28.78 39.57 7.04 4.86

Eidesvik Offshore 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 6.48 5.82 8.34 1.45 5.74

OSL:EIOF vs SLB, BKR, HAL: ROC (Joel Greenblatt) % Comparison

For the Oil & Gas Equipment & Services subindustry, Eidesvik Offshore 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.


Eidesvik Offshore ASA ROC (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Eidesvik Offshore ASA's ROC (Joel Greenblatt) % distribution charts can be found below:

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


OSL:EIOF
76GF Score
Eidesvik Offshore ASA OSL:EIOF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Eidesvik Offshore 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)
=(190.171 + 6.046 + 94.772) - (82.825 + 0 + 153.042)
=55.122

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(215.483 + 0 + 1.1368683772162E-13) - (28.475 + 0 + 233.951)
=-46.943

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Eidesvik Offshore 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 )
=169.612/( ( (2932.912 + max(55.122, 0)) + (2926.777 + max(-46.943, 0)) )/ 2 )
=169.612/( ( 2988.034 + 2926.777 )/ 2 )
=169.612/2957.4055
=5.74 %

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 5.74% mean?
Eidesvik Offshore ASA (OSL:EIOF) has a ROC (Joel Greenblatt) % of 5.74% 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 Eidesvik Offshore ASA and its competitors. This is 17% above median its historical median of 4.89. According to the industry distribution chart, Eidesvik Offshore ASA ranks #581 out of 997 companies in the Oil & Gas industry, placing it in the top 58.3%.
Is Eidesvik Offshore ASA's ROC (Joel Greenblatt) % too high?
Eidesvik Offshore ASA's current ROC (Joel Greenblatt) % of 5.74% is 17% above median its 10-year median of 4.89. The Oil & Gas industry median ROC (Joel Greenblatt) % is 8.55. Eidesvik Offshore ASA's value of 5.74% is 32.9% below this industry median. Based on the distribution chart, Eidesvik Offshore ASA ranks #581 out of 997 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Eidesvik Offshore ASA has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eidesvik Offshore ASA's ROC (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Eidesvik Offshore ASA ranks #581 out of 997 companies for ROC (Joel Greenblatt) %. This places Eidesvik Offshore ASA in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.55. Eidesvik Offshore ASA's value of 5.74% is 32.9% below this benchmark. While the company's 10-year median is 4.89 vs. the industry median of 8.55, Eidesvik Offshore ASA has consistently been below 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 Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.55, based on 997 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. Eidesvik Offshore ASA's current ROC (Joel Greenblatt) % of 5.74% is 32.9% below 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 Eidesvik Offshore ASA and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eidesvik Offshore ASA's current ROC (Joel Greenblatt) % is 5.74%, which is 17% above median its own 10-year median of 4.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eidesvik Offshore ASA stock overvalued right now?
Based on GuruFocus' analysis, Eidesvik Offshore ASA (OSL:EIOF) is currently considered Fairly Valued. The stock's GF Value™ is kr14.53, compared to a current price of kr15.75 — trading 8.4% above its estimated fair value. The current ROC (Joel Greenblatt) % is 5.74%, which is 17% above median its 10-year median of 4.89 and 32.9% below the Oil & Gas industry median of 8.55. Eidesvik Offshore ASA's overall GF Score™ is 76/100 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 Eidesvik Offshore ASA (OSL:EIOF), the current ROC (Joel Greenblatt) % is 5.74% 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 Eidesvik Offshore ASA (OSL:EIOF) Overvalued in 2026?

Based on GuruFocus' analysis, Eidesvik Offshore ASA stock appears to be overvalued. The current stock price of kr15.75 is trading 8.4% above its estimated GF Value™ of kr14.53. GuruFocus considers Eidesvik Offshore ASA to be Fairly Valued.

Key valuation signals for OSL:EIOF:

  • ROC (Joel Greenblatt) %: 5.74% (17% above median its 10-year median of 4.89)
  • GF Value™: kr14.53 vs. price of kr15.75 (8.4% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 32.9% below the Oil & Gas median (#581 of 997)

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


Eidesvik Offshore ASA Business Description

Industry EnergyOil & Gas
Address Vestvikvegen 1, Bomlo, NOR, 5443
Eidesvik Offshore ASA owns and operates a world-wide fleet of purpose-built vessels, providing services to the offshore supply, subsea and offshore renewables markets. The company owns and operates vessels in the following segments of Supply and Subsea and Offshore Renewables, and other. The Subsea segment provides shipping services for subsea work for the oil industry and its ships are adapted for work such as underwater inspection, maintenance, and construction. The Supply segment delivers services to the offshore oil industry. Other represent the SG&A that mainly provide corporate, management and crew services, in addition to the remaining minor effects from the seismic segment.
76GF Score

Get the complete analysis for OSL:EIOF

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

kr15.75
Price
kr14.53
GF Value