Scatec ASAOSL:SCATC +1.27%84 ROC (Joel Greenblatt) % is 5.18% as of Mar. 2026, which is 55% below its 10-year median of 11.55. GuruFocus rates OSL:SCATC with a GF Score™ of 84/100 and a GF Value™ of kr103.82 (Fairly Valued). The stock has 7 warning signs investors should review. Among 434 Utilities - Independent Power Producers companies, Scatec ASA ranks better than 59.91% 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. Scatec ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.18%.
The historical rank and industry rank for Scatec ASA's ROC (Joel Greenblatt) % or its related term are showing as below:
OSL:SCATC'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.94 Med: 11.55 Max: 17.3
Current: 8.98
During the past 13 years, Scatec ASA's highest ROC (Joel Greenblatt) % was 17.30%. The lowest was 1.94%. And the median was 11.55%.
OSL:SCATC's ROC (Joel Greenblatt) % is ranked better than 59.91% of 434
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.615
vs OSL:SCATC: 8.98
Scatec ASA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 21.10% per year.
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.
Scatec ASA ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Scatec 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.
For the Utilities - Renewable subindustry, Scatec 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.
Scatec ASA ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Scatec ASA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Scatec 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 5.18% mean?
Scatec ASA (OSL:SCATC) has a ROC (Joel Greenblatt) % of 5.18% 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 Scatec ASA and its competitors. This is 55% below median its historical median of 11.55. Over the past decade, Scatec ASA's ROC (Joel Greenblatt) % has ranged from 1.94 to 17.30. According to the industry distribution chart, Scatec ASA ranks #174 out of 434 companies in the Utilities - Independent Power Producers industry, placing it in the top 40.1%.
Is Scatec ASA's ROC (Joel Greenblatt) % too high?
Scatec ASA's current ROC (Joel Greenblatt) % of 5.18% is 55% below median its 10-year median of 11.55. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 17.30. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.62. Scatec ASA's value of 5.18% is 21.7% below this industry median. Based on the distribution chart, Scatec ASA ranks #174 out of 434 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Scatec ASA has a GF Score™ of 84/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Scatec ASA's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Scatec ASA ranks #174 out of 434 companies for ROC (Joel Greenblatt) %. This puts Scatec ASA in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 6.62. Scatec ASA's value of 5.18% is 21.7% below this benchmark. Historically, Scatec ASA's own ROC (Joel Greenblatt) % has ranged from 1.94 to 17.30 over the past decade. While the company's 10-year median is 11.55 vs. the industry median of 6.62, Scatec 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 Utilities - Independent Power Producers company?
The median ROC (Joel Greenblatt) % among Utilities - Independent Power Producers companies is 6.62, based on 434 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. Scatec ASA's current ROC (Joel Greenblatt) % of 5.18% is 21.7% 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 Scatec ASA and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scatec ASA's current ROC (Joel Greenblatt) % is 5.18%, which is 55% below median its own 10-year median of 11.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scatec ASA stock overvalued right now?
Based on GuruFocus' analysis, Scatec ASA (OSL:SCATC) is currently considered Fairly Valued. The stock's GF Value™ is kr103.82, compared to a current price of kr99.30 — trading 4.4% below its estimated fair value. The current ROC (Joel Greenblatt) % is 5.18%, which is 55% below median its 10-year median of 11.55 and 21.7% below the Utilities - Independent Power Producers industry median of 6.62. Scatec ASA's overall GF Score™ is 84/100 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 Scatec ASA (OSL:SCATC), the current ROC (Joel Greenblatt) % is 5.18% 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 Scatec ASA (OSL:SCATC) Overvalued in 2026?
Based on GuruFocus' analysis, Scatec ASA stock appears to be undervalued.
The current stock price of kr99.30 is trading 4.4% below its estimated GF Value™ of kr103.82.
GuruFocus considers Scatec ASA to be Fairly Valued.
Key valuation signals for OSL:SCATC:
ROC (Joel Greenblatt) %: 5.18% (55% below median its 10-year median of 11.55)
GF Value™: kr103.82 vs. price of kr99.30 (4.4% below fair value)
Industry Position: 21.7% below the Utilities - Independent Power Producers median (#174 of 434)
No single metric tells the full story. See the OSL:SCATC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Scatec ASA is a renewable energy solutions provider, developing, building, investing in, and operating renewable energy plants across different continents. The company's operating segments are Power Production (PP), Development and Construction, and Corporate. A majority of its revenue is generated from the Power Production segment, which manages the group's power-producing assets and derives its revenue from the production and sale of solar, wind, and hydro-generated electricity, mainly based on long-term Power Purchase Agreements or feed-in tariffs. Geographically, it derives maximum revenue from South Africa, followed by Botswana, Tunisia, the Netherlands, and other regions.
84GF Score
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