Masoval AS (OSL:MAS) ROC (Joel Greenblatt) %: -12.39% (As of Mar. 2026)


OSL:MAS Masoval AS OSL:MAS
88 GF Score
Price kr33.60
GF Value kr31.11
Valuation Fairly Valued
! 7 Warning Signs
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What is Masoval AS ROC (Joel Greenblatt) %?

Masoval AS OSL:MAS +0.90% 88 ROC (Joel Greenblatt) % is -12.39% as of Mar. 2026. GuruFocus rates OSL:MAS with a GF Score™ of 88/100 and a GF Value™ of kr31.11 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,971 Consumer Packaged Goods companies, Masoval AS ranks worse than 65.2% 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. Masoval AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -12.39%.

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

OSL:MAS' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -3.65   Med: 38.22   Max: 57.27
Current: 6.18

During the past 8 years, Masoval AS's highest ROC (Joel Greenblatt) % was 57.27%. The lowest was -3.65%. And the median was 38.22%.

OSL:MAS's ROC (Joel Greenblatt) % is ranked worse than
65.2% of 1971 companies
in the Consumer Packaged Goods industry
Industry Median: 11.99 vs OSL:MAS: 6.18

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


Masoval AS  (OSL:MAS) 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.


Masoval AS ROC (Joel Greenblatt) % Related Terms


Masoval AS ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Masoval 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.

Masoval AS ROC (Joel Greenblatt) % Chart

Masoval AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 35.15 50.39 16.14 8.97 -3.65

Masoval 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 -38.04 43.31 1.93 -11.11 -12.39

OSL:MAS vs ADM, BG, TSN: ROC (Joel Greenblatt) % Comparison

For the Farm Products subindustry, Masoval 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.


Masoval AS ROC (Joel Greenblatt) % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Masoval AS's ROC (Joel Greenblatt) % distribution charts can be found below:

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


OSL:MAS
88GF Score
Masoval AS OSL:MAS
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Masoval 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)
=(83.819 + 1060.175 + 13.85) - (493.269 + 0 + 74.053)
=590.522

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(169.231 + 1039.755 + 0) - (498.713 + 0 + 97.354)
=612.919

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Masoval 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 )
=-214.084/( ( (1151.997 + max(590.522, 0)) + (1100.012 + max(612.919, 0)) )/ 2 )
=-214.084/( ( 1742.519 + 1712.931 )/ 2 )
=-214.084/1727.725
=-12.39 %

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 -12.39% mean?
Masoval AS (OSL:MAS) has a ROC (Joel Greenblatt) % of -12.39% 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 Masoval AS and its competitors. According to the industry distribution chart, Masoval AS ranks #1285 out of 1971 companies in the Consumer Packaged Goods industry, placing it in the top 65.2%.
Is Masoval AS's ROC (Joel Greenblatt) % too high?
Masoval AS's current ROC (Joel Greenblatt) % is -12.39%. Based on the distribution chart, Masoval AS ranks #1285 out of 1971 companies in the Consumer Packaged Goods industry, which is below the industry midpoint. Overall, Masoval AS has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Masoval AS's ROC (Joel Greenblatt) % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Masoval AS ranks #1285 out of 1971 companies for ROC (Joel Greenblatt) %. This places Masoval AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.99. 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 Consumer Packaged Goods company?
The median ROC (Joel Greenblatt) % among Consumer Packaged Goods companies is 11.99, based on 1,971 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 Masoval AS and its competitors. For the Consumer Packaged Goods industry, the median ROC (Joel Greenblatt) % is 11.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Masoval AS's current ROC (Joel Greenblatt) % is -12.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Masoval AS stock overvalued right now?
Based on GuruFocus' analysis, Masoval AS (OSL:MAS) is currently considered Fairly Valued. The stock's GF Value™ is kr31.11, compared to a current price of kr33.60 — trading 8% above its estimated fair value. The current ROC (Joel Greenblatt) % is -12.39%. Masoval AS's overall GF Score™ is 88/100 with 7 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 Masoval AS (OSL:MAS), the current ROC (Joel Greenblatt) % is -12.39% 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 Masoval AS (OSL:MAS) Overvalued in 2026?

Based on GuruFocus' analysis, Masoval AS stock appears to be overvalued. The current stock price of kr33.60 is trading 8% above its estimated GF Value™ of kr31.11. GuruFocus considers Masoval AS to be Fairly Valued.

Key valuation signals for OSL:MAS:

  • ROC (Joel Greenblatt) %: -12.39%
  • GF Value™: kr31.11 vs. price of kr33.60 (8% above fair value)
  • GF Score™: 88/100 with 7 warning signs

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


Masoval AS Business Description

Other Exchanges 9QP:Germany
Address Nordfroyveien 413, Sistranda, NOR, 7260
Masoval AS owns, operates, and develops companies in the aquaculture industry, which contribute to positive ripple effects and value creation throughout the region. The group is organized into business units based on its activities and has two operating segments: Farming and Sales & processing. The Farming segment includes the purchase of salmon roe, farming on land and sea, related service activities, and the sale of salmon to exporters. The Sales and Processing segment includes harvesting activities and the sale of salmon and other species of fish in Norway and for export. The firm generates the majority of its revenue from the Sales & processing segment. The firm generates revenue from Norway, Europe (excluding Norway), Asia, and Other countries.
88GF Score

Get the complete analysis for OSL:MAS

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

kr33.60
Price
kr31.11
GF Value