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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. Klaveness Combination Carriers ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 13.44%.
The historical rank and industry rank for Klaveness Combination Carriers ASA's ROC (Joel Greenblatt) % or its related term are showing as below:
OSL:KCC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.39 Med: 8.28 Max: 20.99
Current: 10.79
During the past 11 years, Klaveness Combination Carriers ASA's highest ROC (Joel Greenblatt) % was 20.99%. The lowest was 4.39%. And the median was 8.28%.
OSL:KCC's ROC (Joel Greenblatt) % is ranked worse than 53.91% of 998
companies
in the Transportation industry
Industry Median: 11.76
vs OSL:KCC: 10.79
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.
* 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.
For the Marine Shipping subindustry, Klaveness Combination Carriers 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.
Klaveness Combination Carriers ASA ROC (Joel Greenblatt) % vs Transportation Industry
For the Transportation industry and Industrials sector, Klaveness Combination Carriers ASA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Klaveness Combination Carriers 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 13.44% mean?
Klaveness Combination Carriers ASA (OSL:KCC) has a ROC (Joel Greenblatt) % of 13.44% 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 Klaveness Combination Carriers ASA and its competitors. This is 62% above median its historical median of 8.28. Over the past decade, Klaveness Combination Carriers ASA's ROC (Joel Greenblatt) % has ranged from 4.39 to 20.99. According to the industry distribution chart, Klaveness Combination Carriers ASA ranks #538 out of 998 companies in the Transportation industry, placing it in the top 53.9%.
Is Klaveness Combination Carriers ASA's ROC (Joel Greenblatt) % too high?
Klaveness Combination Carriers ASA's current ROC (Joel Greenblatt) % of 13.44% is 62% above median its 10-year median of 8.28. Over the past 10 years, this metric has ranged from a low of 4.39 to a high of 20.99. The Transportation industry median ROC (Joel Greenblatt) % is 11.76. Klaveness Combination Carriers ASA's value of 13.44% is 14.3% above this industry median. Based on the distribution chart, Klaveness Combination Carriers ASA ranks #538 out of 998 companies in the Transportation industry, which is below the industry midpoint. Overall, Klaveness Combination Carriers ASA has a GF Score™ of 75/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Klaveness Combination Carriers ASA's ROC (Joel Greenblatt) % compare to competitors?
According to the Transportation industry distribution chart, Klaveness Combination Carriers ASA ranks #538 out of 998 companies for ROC (Joel Greenblatt) %. This places Klaveness Combination Carriers ASA in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.76. Klaveness Combination Carriers ASA's value of 13.44% is 14.3% above this benchmark. Historically, Klaveness Combination Carriers ASA's own ROC (Joel Greenblatt) % has ranged from 4.39 to 20.99 over the past decade. While the company's 10-year median is 8.28 vs. the industry median of 11.76, Klaveness Combination Carriers 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 Transportation company?
The median ROC (Joel Greenblatt) % among Transportation companies is 11.76, based on 998 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. Klaveness Combination Carriers ASA's current ROC (Joel Greenblatt) % of 13.44% is 14.3% 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 Klaveness Combination Carriers ASA and its competitors. For the Transportation industry, the median ROC (Joel Greenblatt) % is 11.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Klaveness Combination Carriers ASA's current ROC (Joel Greenblatt) % is 13.44%, which is 62% above median its own 10-year median of 8.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Klaveness Combination Carriers ASA stock overvalued right now?
Based on GuruFocus' analysis, Klaveness Combination Carriers ASA (OSL:KCC) is currently considered Modestly Overvalued. The stock's GF Value™ is kr77.76, compared to a current price of kr96.50 — trading 24.1% above its estimated fair value. The current ROC (Joel Greenblatt) % is 13.44%, which is 62% above median its 10-year median of 8.28 and 14.3% above the Transportation industry median of 11.76. Klaveness Combination Carriers ASA's overall GF Score™ is 75/100 with 4 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 Klaveness Combination Carriers ASA (OSL:KCC), the current ROC (Joel Greenblatt) % is 13.44% 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 Klaveness Combination Carriers ASA (OSL:KCC) Overvalued in 2026?
Based on GuruFocus' analysis, Klaveness Combination Carriers ASA stock appears to be overvalued.
The current stock price of kr96.50 is trading 24.1% above its estimated GF Value™ of kr77.76.
GuruFocus considers Klaveness Combination Carriers ASA to be Modestly Overvalued.
Key valuation signals for OSL:KCC:
ROC (Joel Greenblatt) %: 13.44% (62% above median its 10-year median of 8.28)
GF Value™: kr77.76 vs. price of kr96.50 (24.1% above fair value)
Industry Position: 14.3% above the Transportation median (#538 of 998)
No single metric tells the full story. See the OSL:KCC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Klaveness Combination Carriers ASA Business Description
Klaveness Combination Carriers ASA is an owner and operator of combination carrier vessels designed to transport both wet and dry bulk cargo in Norway. The company provides maritime transportation services and operates vessels across trade routes where dry and liquid cargoes can be carried efficiently within the same shipping cycle. Its fleet includes CABU and CLEANBU vessels used in bulk shipping operations. The reportable segments are CABU and CLEANBU, with the majority of the revenue derived from the CABU vessels.
75GF Score
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