SmartCraft ASA (OSL:SMCRT) ROC (Joel Greenblatt) %: 505.76% (As of Jun. 2026) — 46% Above Median

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OSL:SMCRT SmartCraft ASA OSL:SMCRT
72 GF Score
Price kr18.50
GF Value kr41.27
! 3 Warning Signs
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What is SmartCraft ASA ROC (Joel Greenblatt) %?

SmartCraft ASA OSL:SMCRT 72 ROC (Joel Greenblatt) % is 505.76% as of Jun. 2026, which is 46% above its 10-year median of 345.73. GuruFocus rates OSL:SMCRT with a GF Score™ of 72/100 and a GF Value™ of kr41.27. The stock has 3 warning signs investors should review. Among 2,822 Software companies, SmartCraft ASA ranks better than 91.32% 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. SmartCraft ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 505.76%.

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

OSL:SMCRT' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 263.76   Med: 345.73   Max: 590.18
Current: 408.83

During the past 8 years, SmartCraft ASA's highest ROC (Joel Greenblatt) % was 590.18%. The lowest was 263.76%. And the median was 345.73%.

OSL:SMCRT's ROC (Joel Greenblatt) % is ranked better than
91.32% of 2822 companies
in the Software industry
Industry Median: 21.33 vs OSL:SMCRT: 408.83

SmartCraft ASA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.80% per year.


SmartCraft ASA  (OSL:SMCRT) 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.


SmartCraft ASA ROC (Joel Greenblatt) % Related Terms


SmartCraft ASA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for SmartCraft 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.

SmartCraft ASA ROC (Joel Greenblatt) % Chart

SmartCraft ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 257.13 460.45 608.55 398.68 280.52

SmartCraft ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 354.53 328.75 319.67 496.80 505.76

OSL:SMCRT vs CRM, SHOP, UBER: ROC (Joel Greenblatt) % Comparison

For the Software - Application subindustry, SmartCraft 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.


SmartCraft ASA ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, SmartCraft ASA's ROC (Joel Greenblatt) % distribution charts can be found below:

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


OSL:SMCRT
72GF Score
SmartCraft ASA OSL:SMCRT
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SmartCraft ASA 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: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(54.565 + 0 + 20.835) - (0.341 + 0 + 254.168)
=-179.109

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(40.786 + 0 + 19.537) - (-4.33 + 0 + 228.703)
=-164.05

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of SmartCraft ASA for the quarter that ended in Jun. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=131.724/( ( (28.021 + max(-179.109, 0)) + (24.069 + max(-164.05, 0)) )/ 2 )
=131.724/( ( 28.021 + 24.069 )/ 2 )
=131.724/26.045
=505.76 %

Note: The EBIT data used here is four times the quarterly (Jun. 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 505.76% mean?
SmartCraft ASA (OSL:SMCRT) has a ROC (Joel Greenblatt) % of 505.76% as of Jun. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on SmartCraft ASA and its competitors. This is 46% above median its historical median of 345.73. Over the past decade, SmartCraft ASA's ROC (Joel Greenblatt) % has ranged from 263.76 to 590.18. According to the industry distribution chart, SmartCraft ASA ranks #245 out of 2822 companies in the Software industry, placing it in the top 8.7%.
Is SmartCraft ASA's ROC (Joel Greenblatt) % too high?
SmartCraft ASA's current ROC (Joel Greenblatt) % of 505.76% is 46% above median its 10-year median of 345.73. Over the past 10 years, this metric has ranged from a low of 263.76 to a high of 590.18. The Software industry median ROC (Joel Greenblatt) % is 21.33. SmartCraft ASA's value of 505.76% is 2271.1% above this industry median. Based on the distribution chart, SmartCraft ASA ranks #245 out of 2822 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, SmartCraft ASA has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does SmartCraft ASA's ROC (Joel Greenblatt) % compare to CRM and SHOP?
According to the Software industry distribution chart, SmartCraft ASA ranks #245 out of 2822 companies for ROC (Joel Greenblatt) %. This places SmartCraft ASA in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 21.33. SmartCraft ASA's value of 505.76% is 2271.1% above this benchmark. Historically, SmartCraft ASA's own ROC (Joel Greenblatt) % has ranged from 263.76 to 590.18 over the past decade. While the company's 10-year median is 345.73 vs. the industry median of 21.33, SmartCraft 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 21.33, based on 2,822 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. SmartCraft ASA's current ROC (Joel Greenblatt) % of 505.76% is 2271.1% 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 SmartCraft ASA and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 21.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SmartCraft ASA's current ROC (Joel Greenblatt) % is 505.76%, which is 46% above median its own 10-year median of 345.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SmartCraft ASA stock overvalued right now?
SmartCraft ASA (OSL:SMCRT) has a current ROC (Joel Greenblatt) % of 505.76%. The stock's GF Value™ is kr41.27, compared to a current price of kr18.50 — trading 55.2% below its estimated fair value. The current ROC (Joel Greenblatt) % is 505.76%, which is 46% above median its 10-year median of 345.73 and 2271.1% above the Software industry median of 21.33. SmartCraft ASA's overall GF Score™ is 72/100 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 SmartCraft ASA (OSL:SMCRT), the current ROC (Joel Greenblatt) % is 505.76% as of Jun. 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 SmartCraft ASA (OSL:SMCRT) Overvalued in 2026?

Based on GuruFocus' analysis, SmartCraft ASA stock appears to be undervalued. The current stock price of kr18.50 is trading 55.2% below its estimated GF Value™ of kr41.27.

Key valuation signals for OSL:SMCRT:

  • ROC (Joel Greenblatt) %: 505.76% (46% above median its 10-year median of 345.73)
  • GF Value™: kr41.27 vs. price of kr18.50 (55.2% below fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 2271.1% above the Software median (#245 of 2822)

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


SmartCraft ASA Business Description

Other Exchanges SMCRT:Sweden7KF:Germany
Address Strandgata 3, Honefoss, NOR, 3513
SmartCraft Group AB is a Nordic provider of cloud-based software solutions for craftsmen and the construction industry in Norway, Finland, Sweden, and the UK. The Group empowers European construction workers to gain business control and more productivity by simplifying work processes. The various brands in its portfolio are Bygglet, Cordel, Congrid, EL-VIS, HomeRun, Kvalitetskontroll, El-verdi, Elinn, Coredination, Locka, Clixifix, SmartCraft Spark, and SmartCraft Flow. SmartCraft Group's operating segments are reported on the basis of its business areas and include SME Construction, which generates the maximum revenue, Electro, HVAC and Plumbing, and Enterprise. Geographically, it generates maximum revenue from Norway.
72GF Score

Get the complete analysis for OSL:SMCRT

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

kr18.50
Price
kr41.27
GF Value