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Itera ASAOSTO:ITEO 71 ROC (Joel Greenblatt) % is 111.97% as of Mar. 2026, which is 6% below its 10-year median of 119.13. GuruFocus rates OSTO:ITEO with a GF Score™ of 71/100 and a GF Value™ of kr9.60 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,814 Software companies, Itera ASA ranks better than 61.58% 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. Itera ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 111.97%.
The historical rank and industry rank for Itera ASA's ROC (Joel Greenblatt) % or its related term are showing as below:
OSTO:ITEO'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 50.05 Med: 119.13 Max: 188.03
Current: 50.05
During the past 13 years, Itera ASA's highest ROC (Joel Greenblatt) % was 188.03%. The lowest was 50.05%. And the median was 119.13%.
OSTO:ITEO's ROC (Joel Greenblatt) % is ranked better than 61.58% of 2814
companies
in the Software industry
Industry Median: 20
vs OSTO:ITEO: 50.05
Itera ASA's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -16.50% 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.
The historical data trend for Itera 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.
OSTO:ITEO vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Itera 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.
Itera ASA ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Itera ASA's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Itera 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 111.97% mean?
Itera ASA (OSTO:ITEO) has a ROC (Joel Greenblatt) % of 111.97% 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 Itera ASA and its competitors. This is near median its historical median of 119.13. Over the past decade, Itera ASA's ROC (Joel Greenblatt) % has ranged from 50.05 to 188.03. According to the industry distribution chart, Itera ASA ranks #1081 out of 2814 companies in the Software industry, placing it in the top 38.4%.
Is Itera ASA's ROC (Joel Greenblatt) % too high?
Itera ASA's current ROC (Joel Greenblatt) % of 111.97% is near median its 10-year median of 119.13. Over the past 10 years, this metric has ranged from a low of 50.05 to a high of 188.03. The Software industry median ROC (Joel Greenblatt) % is 20.00. Itera ASA's value of 111.97% is 459.9% above this industry median. Based on the distribution chart, Itera ASA ranks #1081 out of 2814 companies in the Software industry, which is above the industry midpoint. Overall, Itera ASA has a GF Score™ of 71/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Itera ASA's ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Itera ASA ranks #1081 out of 2814 companies for ROC (Joel Greenblatt) %. This puts Itera ASA in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.00. Itera ASA's value of 111.97% is 459.9% above this benchmark. Historically, Itera ASA's own ROC (Joel Greenblatt) % has ranged from 50.05 to 188.03 over the past decade. While the company's 10-year median is 119.13 vs. the industry median of 20.00, Itera 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 20.00, based on 2,814 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. Itera ASA's current ROC (Joel Greenblatt) % of 111.97% is 459.9% 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 Itera ASA and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Itera ASA's current ROC (Joel Greenblatt) % is 111.97%, which is near median its own 10-year median of 119.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Itera ASA stock overvalued right now?
Based on GuruFocus' analysis, Itera ASA (OSTO:ITEO) is currently considered Significantly Undervalued. The stock's GF Value™ is kr9.60, compared to a current price of kr5.92 — trading 38.3% below its estimated fair value. The current ROC (Joel Greenblatt) % is 111.97%, which is near median its 10-year median of 119.13 and 459.9% above the Software industry median of 20.00. Itera ASA's overall GF Score™ is 71/100 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 Itera ASA (OSTO:ITEO), the current ROC (Joel Greenblatt) % is 111.97% 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 Itera ASA (OSTO:ITEO) Overvalued in 2026?
Based on GuruFocus' analysis, Itera ASA stock appears to be undervalued.
The current stock price of kr5.92 is trading 38.3% below its estimated GF Value™ of kr9.60.
GuruFocus considers Itera ASA to be Significantly Undervalued.
Key valuation signals for OSTO:ITEO:
ROC (Joel Greenblatt) %: 111.97% (near median its 10-year median of 119.13)
GF Value™: kr9.60 vs. price of kr5.92 (38.3% below fair value)
Industry Position: 459.9% above the Software median (#1081 of 2814)
No single metric tells the full story. See the OSTO:ITEO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Itera ASA is a communication and technology company that helps businesses and organizations accelerate their sustainable digital transformations. The company, through its subsidiaries, is engaged in providing advisory services and solutions to the banking and finance sector. It provides services in digital and consulting, customer experience, technology, and cloud operations. Its geographical segment comprises Norway, Sweden, Denmark, Iceland, and other countries. The company derives a majority of its revenue from Norway.
71GF Score
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