SSHPF (Vow ASA) ROC (Joel Greenblatt) %: -18.34% (As of Mar. 2026)


SSHPF Vow ASA SSHPF
56 GF Score
Price $0.26
GF Value $0.25
Valuation Fairly Valued
! 5 Warning Signs
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What is Vow ASA ROC (Joel Greenblatt) %?

Vow ASA SSHPF +0.23% 56 ROC (Joel Greenblatt) % is -18.34% as of Mar. 2026. GuruFocus rates SSHPF with a GF Score™ of 56/100 and a GF Value™ of $0.25 (Fairly Valued). The stock has 5 warning signs investors should review. Among 3,061 Industrial Products companies, Vow ASA ranks worse than 97.29% 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. Vow ASA's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -18.34%.

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

SSHPF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -262.66   Med: 24.06   Max: 741.94
Current: -237.77

During the past 13 years, Vow ASA's highest ROC (Joel Greenblatt) % was 741.94%. The lowest was -262.66%. And the median was 24.06%.

SSHPF's ROC (Joel Greenblatt) % is ranked worse than
97.29% of 3061 companies
in the Industrial Products industry
Industry Median: 11.69 vs SSHPF: -237.77

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


Vow ASA  (OTCPK:SSHPF) 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.


Vow ASA ROC (Joel Greenblatt) % Related Terms


Vow ASA ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Vow 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.

Vow ASA ROC (Joel Greenblatt) % Chart

Vow 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 700.32 60.49 -106.67 -62.19 -277.09

Vow ASA Quarterly Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -140.84 -203.96 -191.97 -505.97 -18.34

SSHPF vs VLTO, ZWS, CECO: ROC (Joel Greenblatt) % Comparison

For the Pollution & Treatment Controls subindustry, Vow 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.


Vow ASA ROC (Joel Greenblatt) % vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Vow ASA's ROC (Joel Greenblatt) % distribution charts can be found below:

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


SSHPF
56GF Score
Vow ASA SSHPF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vow 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: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(16.988 + 3.611 + 3.889) - (19.234 + 0 + 16.959)
=-11.705

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(21.038 + 2.267 + 0.00099999999999767) - (10.747 + 0 + 21.649)
=-9.09

When net working capital is negative, 0 is used.

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

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-1.572/( ( (8.687 + max(-11.705, 0)) + (8.459 + max(-9.09, 0)) )/ 2 )
=-1.572/( ( 8.687 + 8.459 )/ 2 )
=-1.572/8.573
=-18.34 %

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 -18.34% mean?
Vow ASA (SSHPF) has a ROC (Joel Greenblatt) % of -18.34% 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 Vow ASA and its competitors. According to the industry distribution chart, Vow ASA ranks #2978 out of 3061 companies in the Industrial Products industry, placing it in the top 97.3%.
Is Vow ASA's ROC (Joel Greenblatt) % too high?
Vow ASA's current ROC (Joel Greenblatt) % is -18.34%. Based on the distribution chart, Vow ASA ranks #2978 out of 3061 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Vow ASA has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Vow ASA's ROC (Joel Greenblatt) % compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Vow ASA ranks #2978 out of 3061 companies for ROC (Joel Greenblatt) %. This places Vow ASA in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.69. 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 Industrial Products company?
The median ROC (Joel Greenblatt) % among Industrial Products companies is 11.69, based on 3,061 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 Vow ASA and its competitors. For the Industrial Products industry, the median ROC (Joel Greenblatt) % is 11.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vow ASA's current ROC (Joel Greenblatt) % is -18.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vow ASA stock overvalued right now?
Based on GuruFocus' analysis, Vow ASA (SSHPF) is currently considered Fairly Valued. The stock's GF Value™ is $0.25, compared to a current price of $0.26 — trading 5.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is -18.34%. Vow ASA's overall GF Score™ is 56/100 with 5 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 Vow ASA (SSHPF), the current ROC (Joel Greenblatt) % is -18.34% 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 Vow ASA (SSHPF) Overvalued in 2026?

Based on GuruFocus' analysis, Vow ASA stock appears to be overvalued. The current stock price of $0.26 is trading 5.7% above its estimated GF Value™ of $0.25. GuruFocus considers Vow ASA to be Fairly Valued.

Key valuation signals for SSHPF:

  • ROC (Joel Greenblatt) %: -18.34%
  • GF Value™: $0.25 vs. price of $0.26 (5.7% above fair value)
  • GF Score™: 56/100 with 5 warning signs

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


Vow ASA Business Description

Address Wergelandsveien 7, Oslo, NOR, 0244
Vow ASA develops and delivers technology and solutions to bring an end to waste and help industries decarbonise. The solutions purify wastewater and convert biomass and waste into valuable resources, generating CO2-neutral energy and biocarbon that decarbonise industrial processes. The group is organised across three operating segments: Industrial Solutions, Maritime Solutions, and Aftersales. Maximum revenue is generated from the Maritime Solutions segment, which includes wastewater purification, garbage handling, food waste treatment, and sludge processing solutions for the cruise industry. Geographically, the company generates a majority of its revenue from Europe.
56GF Score

Get the complete analysis for SSHPF

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

$0.26
Price
$0.25
GF Value