Voim ASA (OSL:VOIM) ROC (Joel Greenblatt) %: -711.25% (As of Dec. 2025)


OSL:VOIM Voim ASA OSL:VOIM
35 GF Score
Price kr0.20
GF Value kr2.00
Valuation Possible Value Trap
! 6 Warning Signs
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What is Voim ASA ROC (Joel Greenblatt) %?

Voim ASA OSL:VOIM +5.79% 35 ROC (Joel Greenblatt) % is -711.25% as of Dec. 2025. GuruFocus rates OSL:VOIM with a GF Score™ of 35/100 and a GF Value™ of kr2.00 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 998 Oil & Gas companies, Voim ASA ranks worse than 92.59% 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. Voim ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -711.25%.

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

OSL:VOIM' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -218.21   Med: -42.74   Max: 83.56
Current: -120.22

During the past 13 years, Voim ASA's highest ROC (Joel Greenblatt) % was 83.56%. The lowest was -218.21%. And the median was -42.74%.

OSL:VOIM's ROC (Joel Greenblatt) % is ranked worse than
92.59% of 998 companies
in the Oil & Gas industry
Industry Median: 8.415 vs OSL:VOIM: -120.22

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


Voim ASA  (OSL:VOIM) 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.


Voim ASA ROC (Joel Greenblatt) % Related Terms


Voim ASA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Voim 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.

Voim ASA ROC (Joel Greenblatt) % Chart

Voim ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.28 82.48 -43.55 83.56 -218.21

Voim ASA Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 515.27 56.47 41.33 -223.60 -711.25

OSL:VOIM vs SLB, BKR, HAL: ROC (Joel Greenblatt) % Comparison

For the Oil & Gas Equipment & Services subindustry, Voim 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.


Voim ASA ROC (Joel Greenblatt) % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Voim ASA's ROC (Joel Greenblatt) % distribution charts can be found below:

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


OSL:VOIM
35GF Score
Voim ASA OSL:VOIM
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voim 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(71.222 + 33.071 + 6.741) - (28.835 + 0 + 55.244)
=26.955

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18.991 + 3.537 + 7.399) - (4.993 + 0 + 7.479)
=17.455

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Voim ASA for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-290.432/( ( (34.751 + max(26.955, 0)) + (2.507 + max(17.455, 0)) )/ 2 )
=-290.432/( ( 61.706 + 19.962 )/ 2 )
=-290.432/40.834
=-711.25 %

Note: The EBIT data used here is four times the quarterly (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 -711.25% mean?
Voim ASA (OSL:VOIM) has a ROC (Joel Greenblatt) % of -711.25% 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 Voim ASA and its competitors. According to the industry distribution chart, Voim ASA ranks #924 out of 998 companies in the Oil & Gas industry, placing it in the top 92.6%.
Is Voim ASA's ROC (Joel Greenblatt) % too high?
Voim ASA's current ROC (Joel Greenblatt) % is -711.25%. Based on the distribution chart, Voim ASA ranks #924 out of 998 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Voim ASA has a GF Score™ of 35/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Voim ASA's ROC (Joel Greenblatt) % compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Voim ASA ranks #924 out of 998 companies for ROC (Joel Greenblatt) %. This places Voim ASA in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 8.42. 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 Oil & Gas company?
The median ROC (Joel Greenblatt) % among Oil & Gas companies is 8.42, based on 998 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 Voim ASA and its competitors. For the Oil & Gas industry, the median ROC (Joel Greenblatt) % is 8.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voim ASA's current ROC (Joel Greenblatt) % is -711.25%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voim ASA stock overvalued right now?
Based on GuruFocus' analysis, Voim ASA (OSL:VOIM) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.00, compared to a current price of kr0.20 — trading 90% below its estimated fair value. The current ROC (Joel Greenblatt) % is -711.25%. Voim ASA's overall GF Score™ is 35/100 with 6 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 Voim ASA (OSL:VOIM), the current ROC (Joel Greenblatt) % is -711.25% 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 Voim ASA (OSL:VOIM) Overvalued in 2026?

Based on GuruFocus' analysis, Voim ASA stock appears to be undervalued. The current stock price of kr0.20 is trading 90% below its estimated GF Value™ of kr2.00. GuruFocus considers Voim ASA to be Possible Value Trap.

Key valuation signals for OSL:VOIM:

  • ROC (Joel Greenblatt) %: -711.25%
  • GF Value™: kr2.00 vs. price of kr0.20 (90% below fair value)
  • GF Score™: 35/100 with 6 warning signs

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


Voim ASA Business Description

Industry EnergyOil & Gas
Other Exchanges 0J5B:UKE2M:Germany
Address Karenslyst Alle 4, 4th Floor, Oslo, NOR, 0278
ElectroMagnetic GeoServices ASA is a company engaged in offering electromagnetic services. The company uses the electromagnetic survey method to locate hydrocarbons in offshore reservoirs. The company's focus is on planning, acquisition, processing, modeling, interpretation, and integration of electromagnetic data. Oil and gas companies, as well as other customers, utilize its services to determine whether an offshore area is suitable for the commercial production of hydrocarbons. The company operates in Europe, the Middle East, and Africa, Norway, North and South America, Asia, and the Pacific Ocean. The majority of their revenue is generated from Asia and the Pacific Ocean. It makes money through proprietary contract sales and multi-client sales.
35GF Score

Get the complete analysis for OSL:VOIM

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

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