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Skandia GreenPower ASOSL:SKAND -1.10%62 ROC (Joel Greenblatt) % is 25,624.00% as of Dec. 2025. GuruFocus rates OSL:SKAND with a GF Score™ of 62/100 and a GF Value™ of kr1.14 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 439 Utilities - Independent Power Producers companies, Skandia GreenPower AS ranks better than 99.32% 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. Skandia GreenPower AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25,624.00%.
The historical rank and industry rank for Skandia GreenPower AS's ROC (Joel Greenblatt) % or its related term are showing as below:
OSL:SKAND'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -11173.27 Med: -642.35 Max: 17883.87
Current: 7808.45
During the past 9 years, Skandia GreenPower AS's highest ROC (Joel Greenblatt) % was 17883.87%. The lowest was -11173.27%. And the median was -642.35%.
OSL:SKAND's ROC (Joel Greenblatt) % is ranked better than 99.32% of 439
companies
in the Utilities - Independent Power Producers industry
Industry Median: 6.34
vs OSL:SKAND: 7808.45
Skandia GreenPower AS's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
Skandia GreenPower AS (OSL:SKAND) 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.
Skandia GreenPower AS ROC (Joel Greenblatt) % Related Terms
Skandia GreenPower AS ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Skandia GreenPower 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.
Skandia GreenPower AS ROC (Joel Greenblatt) % Chart
Skandia GreenPower AS ROC (Joel Greenblatt) % Competitor Comparison
For the Utilities - Renewable subindustry, Skandia GreenPower 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.
Skandia GreenPower AS ROC (Joel Greenblatt) % vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Skandia GreenPower AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Skandia GreenPower AS's ROC (Joel Greenblatt) % falls into.
Skandia GreenPower 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:
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 25,624.00% mean?
Skandia GreenPower AS (OSL:SKAND) has a ROC (Joel Greenblatt) % of 25,624.00% 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 Skandia GreenPower AS and its competitors. According to the industry distribution chart, Skandia GreenPower AS ranks #3 out of 439 companies in the Utilities - Independent Power Producers industry, placing it in the top 0.7%.
Is Skandia GreenPower AS's ROC (Joel Greenblatt) % too high?
Skandia GreenPower AS's current ROC (Joel Greenblatt) % is 25,624.00%. The Utilities - Independent Power Producers industry median ROC (Joel Greenblatt) % is 6.34. Skandia GreenPower AS's value of 25,624.00% is 404064% above this industry median. Based on the distribution chart, Skandia GreenPower AS ranks #3 out of 439 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Skandia GreenPower AS has a GF Score™ of 62/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Skandia GreenPower AS's ROC (Joel Greenblatt) % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Skandia GreenPower AS ranks #3 out of 439 companies for ROC (Joel Greenblatt) %. This places Skandia GreenPower AS in the top 1% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 6.34. Skandia GreenPower AS's value of 25,624.00% is 404064% above this benchmark. 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 6.34, based on 439 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. Skandia GreenPower AS's current ROC (Joel Greenblatt) % of 25,624.00% is 404064% 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 Skandia GreenPower AS and its competitors. For the Utilities - Independent Power Producers industry, the median ROC (Joel Greenblatt) % is 6.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Skandia GreenPower AS's current ROC (Joel Greenblatt) % is 25,624.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Skandia GreenPower AS stock overvalued right now?
Based on GuruFocus' analysis, Skandia GreenPower AS (OSL:SKAND) is currently considered Modestly Overvalued. The stock's GF Value™ is kr1.14, compared to a current price of kr1.37 — trading 19.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 25,624.00% and 404064% above the Utilities - Independent Power Producers industry median of 6.34. Skandia GreenPower AS's overall GF Score™ is 62/100 with 3 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 Skandia GreenPower AS (OSL:SKAND), the current ROC (Joel Greenblatt) % is 25,624.00% 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.
Is Skandia GreenPower AS (OSL:SKAND) Overvalued in 2026?
Based on GuruFocus' analysis, Skandia GreenPower AS stock appears to be overvalued.
The current stock price of kr1.37 is trading 19.7% above its estimated GF Value™ of kr1.14.
GuruFocus considers Skandia GreenPower AS to be Modestly Overvalued.
Key valuation signals for OSL:SKAND:
ROC (Joel Greenblatt) %: 25,624.00%
GF Value™: kr1.14 vs. price of kr1.37 (19.7% above fair value)
Industry Position: 404064% above the Utilities - Independent Power Producers median (#3 of 439)
No single metric tells the full story. See the OSL:SKAND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Skandia GreenPower AS is a provider of electricity in the private retail market. It also offers end-to-end solar cell solutions for roofs. The company generates the majority of its revenue from the domestic market.
62GF Score
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