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NOS Nova ASOSL:NOSN -6.78%21 ROC (Joel Greenblatt) % is -971.34% as of Dec. 2025. GuruFocus rates OSL:NOSN with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 3,063 Industrial Products companies, NOS Nova AS ranks worse than 99.35% 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. NOS Nova AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -971.34%.
The historical rank and industry rank for NOS Nova AS's ROC (Joel Greenblatt) % or its related term are showing as below:
OSL:NOSN'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -2154.23 Med: -1590.94 Max: -292.02
Current: -1679.29
During the past 7 years, NOS Nova AS's highest ROC (Joel Greenblatt) % was -292.02%. The lowest was -2154.23%. And the median was -1590.94%.
OSL:NOSN's ROC (Joel Greenblatt) % is ranked worse than 99.35% of 3063
companies
in the Industrial Products industry
Industry Median: 11.69
vs OSL:NOSN: -1679.29
NOS Nova AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -25.00% per year.
NOS Nova AS (OSL:NOSN) 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.
NOS Nova AS ROC (Joel Greenblatt) % Historical Data
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The historical data trend for NOS Nova 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.
OSL:NOSN vs VLTO, ZWS, CECO: ROC (Joel Greenblatt) % Comparison
For the Pollution & Treatment Controls subindustry, NOS Nova 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.
NOS Nova AS ROC (Joel Greenblatt) % vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, NOS Nova AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where NOS Nova AS'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 two times the semi-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 -971.34% mean?
NOS Nova AS (OSL:NOSN) has a ROC (Joel Greenblatt) % of -971.34% 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 NOS Nova AS and its competitors. According to the industry distribution chart, NOS Nova AS ranks #3043 out of 3063 companies in the Industrial Products industry, placing it in the top 99.3%.
Is NOS Nova AS's ROC (Joel Greenblatt) % too high?
NOS Nova AS's current ROC (Joel Greenblatt) % is -971.34%. Based on the distribution chart, NOS Nova AS ranks #3043 out of 3063 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, NOS Nova AS has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does NOS Nova AS's ROC (Joel Greenblatt) % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, NOS Nova AS ranks #3043 out of 3063 companies for ROC (Joel Greenblatt) %. This places NOS Nova AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.69. 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.69, based on 3,063 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 NOS Nova AS and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NOS Nova AS's current ROC (Joel Greenblatt) % is -971.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NOS Nova AS stock overvalued right now?
NOS Nova AS (OSL:NOSN) has a current ROC (Joel Greenblatt) % of -971.34%. The current ROC (Joel Greenblatt) % is -971.34%. NOS Nova AS's overall GF Score™ is 21/100 with 5 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 NOS Nova AS (OSL:NOSN), the current ROC (Joel Greenblatt) % is -971.34% 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.
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