General Oceans ASA (OSL:GENO) ROC (Joel Greenblatt) %: 60.32% (As of Dec. 2025) — 142% Above Median

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OSL:GENO General Oceans ASA OSL:GENO
17 GF Score
Price kr20.85
! 1 Warning Sign
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What is General Oceans ASA ROC (Joel Greenblatt) %?

General Oceans ASA OSL:GENO -1.42% 17 ROC (Joel Greenblatt) % is 60.32% as of Dec. 2025, which is 142% above its 10-year median of 24.88. GuruFocus rates OSL:GENO with a GF Score™ of 17/100. The stock has 1 warning sign investors should review. Among 2,491 Hardware companies, General Oceans ASA ranks better than 89.96% 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. General Oceans ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 60.32%.

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

OSL:GENO' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -4.42   Med: 24.88   Max: 60.32
Current: 60.32

During the past 3 years, General Oceans ASA's highest ROC (Joel Greenblatt) % was 60.32%. The lowest was -4.42%. And the median was 24.88%.

OSL:GENO's ROC (Joel Greenblatt) % is ranked better than
89.96% of 2491 companies
in the Hardware industry
Industry Median: 10.44 vs OSL:GENO: 60.32

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


General Oceans ASA  (OSL:GENO) 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.


General Oceans ASA ROC (Joel Greenblatt) % Related Terms


General Oceans ASA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for General Oceans 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.

General Oceans ASA ROC (Joel Greenblatt) % Chart

General Oceans ASA Annual Data
Trend Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
-4.42 24.88 60.32

General Oceans ASA Semi-Annual Data
Dec23 Dec24 Dec25
ROC (Joel Greenblatt) % -4.42 24.88 60.32

OSL:GENO vs COHR, KEYS, GRMN: ROC (Joel Greenblatt) % Comparison

For the Scientific & Technical Instruments subindustry, General Oceans 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.


General Oceans ASA ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, General Oceans ASA's ROC (Joel Greenblatt) % distribution charts can be found below:

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


OSL:GENO
17GF Score
General Oceans ASA OSL:GENO
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

General Oceans 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. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(188.412 + 234.534 + 0) - (163.673 + 0 + 103.175)
=156.098

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(180.048 + 243.819 + 37.653) - (110.491 + 0 + 334.439)
=16.59

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of General Oceans ASA for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=195.755/( ( (264.768 + max(156.098, 0)) + (211.647 + max(16.59, 0)) )/ 2 )
=195.755/( ( 420.866 + 228.237 )/ 2 )
=195.755/324.5515
=60.32 %

Note: The EBIT data used here is one times the annual (Dec. 2025) 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 60.32% mean?
General Oceans ASA (OSL:GENO) has a ROC (Joel Greenblatt) % of 60.32% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on General Oceans ASA and its competitors. This is 142% above median its historical median of 24.88. According to the industry distribution chart, General Oceans ASA ranks #250 out of 2491 companies in the Hardware industry, placing it in the top 10%.
Is General Oceans ASA's ROC (Joel Greenblatt) % too high?
General Oceans ASA's current ROC (Joel Greenblatt) % of 60.32% is 142% above median its 10-year median of 24.88. The Hardware industry median ROC (Joel Greenblatt) % is 10.44. General Oceans ASA's value of 60.32% is 477.8% above this industry median. Based on the distribution chart, General Oceans ASA ranks #250 out of 2491 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, General Oceans ASA has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does General Oceans ASA's ROC (Joel Greenblatt) % compare to COHR and KEYS?
According to the Hardware industry distribution chart, General Oceans ASA ranks #250 out of 2491 companies for ROC (Joel Greenblatt) %. This places General Oceans ASA in the top 10% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.44. General Oceans ASA's value of 60.32% is 477.8% above this benchmark. While the company's 10-year median is 24.88 vs. the industry median of 10.44, General Oceans 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.44, based on 2,491 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. General Oceans ASA's current ROC (Joel Greenblatt) % of 60.32% is 477.8% 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 General Oceans ASA and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. General Oceans ASA's current ROC (Joel Greenblatt) % is 60.32%, which is 142% above median its own 10-year median of 24.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is General Oceans ASA stock overvalued right now?
General Oceans ASA (OSL:GENO) has a current ROC (Joel Greenblatt) % of 60.32%. The current ROC (Joel Greenblatt) % is 60.32%, which is 142% above median its 10-year median of 24.88 and 477.8% above the Hardware industry median of 10.44. General Oceans ASA's overall GF Score™ is 17/100 with 1 warning sign 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 General Oceans ASA (OSL:GENO), the current ROC (Joel Greenblatt) % is 60.32% as of Dec. 2025. 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.

General Oceans ASA Business Description

Other Exchanges T0Y:Germany
Address Vangkroken 2, Rud, NOR, 1351
General Oceans ASA is an ocean technology company engaged in providing underwater solutions, including sensors, systems, and robotic technologies for marine environments. The group operates through two segments: Sensors and Robotics. The Sensors segment focuses on instrumentation technologies for measuring ocean dynamics, imaging, and navigation, while the Robotics segment provides remotely operated and autonomous vehicle solutions with associated manipulators and control systems. It generates the majority of its revenue from the Sensors segment. The company serves industries such as ocean science, defense, and offshore energy through a portfolio of specialized brands.
17GF Score

Get the complete analysis for OSL:GENO

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

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