Airthings ASA (OSTO:AIRXO) ROC %: -59.83% (As of Sep. 2025)


OSTO:AIRXO Airthings ASA OSTO:AIRXO
61 GF Score
Price kr0.31
GF Value kr6.78
! 6 Warning Signs
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What is Airthings ASA ROC %?

Airthings ASA OSTO:AIRXO 61 ROC % is -59.83% as of Sep. 2025. GuruFocus rates OSTO:AIRXO with a GF Score™ of 61/100 and a GF Value™ of kr6.78. The stock has 6 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Airthings ASA's annualized return on capital (ROC %) for the quarter that ended in Sep. 2025 was -59.83%.

As of today (2026-07-04), Airthings ASA's WACC % is 24.13%. Airthings ASA's ROC % is -49.47% (calculated using TTM income statement data). Airthings ASA earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Airthings ASA  (OSTO:AIRXo) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Airthings ASA's WACC % is 24.13%. Airthings ASA's ROC % is -49.47% (calculated using TTM income statement data). Airthings ASA earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Airthings ASA ROC % Related Terms


Airthings ASA ROC % Historical Data

* Premium members only.

The historical data trend for Airthings ASA's ROC % 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.

Airthings ASA ROC % Chart

Airthings ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
ROC %
Get a 7-Day Free Trial -19.98 -24.33 -26.12 -14.93 -32.20

Airthings ASA Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
ROC % 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 -15.97 -57.28 -36.03 -49.21 -59.83
OSTO:AIRXO
61GF Score
Airthings ASA OSTO:AIRXO
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Airthings ASA ROC % Calculation

Airthings ASA's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2024 is calculated as:

ROC % (A: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2023 ) + Invested Capital (A: Dec. 2024 ))/ count )
=-124.344 * ( 1 - 0% )/( (469.712 + 302.536)/ 2 )
=-124.344/386.124
=-32.20 %

where

Invested Capital(A: Dec. 2023 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=682.05 - 69.605 - ( 142.733 - max(0, 116.054 - 486.781+142.733))
=469.712

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=481.221 - 90.257 - ( 88.428 - max(0, 137.125 - 390.279+88.428))
=302.536

Airthings ASA's annualized Return on Capital (ROC %) for the quarter that ended in Sep. 2025 is calculated as:

ROC % (Q: Sep. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Sep. 2025 ))/ count )
=-144.972 * ( 1 - 0% )/( (258.152 + 226.465)/ 2 )
=-144.972/242.3085
=-59.83 %

where

Invested Capital(Q: Jun. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=361.104 - 86.698 - ( 16.254 - max(0, 126.131 - 308.081+16.254))
=258.152

Note: The Operating Income data used here is four times the quarterly (Sep. 2025) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -59.83% mean?
Airthings ASA (OSTO:AIRXO) has a ROC % of -59.83% as of Sep. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Airthings ASA and its competitors.
Is Airthings ASA's ROC % too high?
Airthings ASA's current ROC % is -59.83%. Overall, Airthings ASA has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Airthings ASA's ROC % compare to VRT and BE?
Airthings ASA's ROC % of -59.83% can be compared against companies in the Industrial Products industry. The industry median ROC % is 5.21. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for an Industrial Products company?
The median ROC % among Industrial Products companies is 5.21, based on 3,033 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % 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 % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Airthings ASA and its competitors. For the Industrial Products industry, the median ROC % is 5.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Airthings ASA's current ROC % is -59.83%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Airthings ASA stock overvalued right now?
Airthings ASA (OSTO:AIRXO) has a current ROC % of -59.83%. The stock's GF Value™ is kr6.78, compared to a current price of kr0.31 — trading 95.5% below its estimated fair value. The current ROC % is -59.83%. Airthings ASA's overall GF Score™ is 61/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Airthings ASA (OSTO:AIRXO), the current ROC % is -59.83% as of Sep. 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 Airthings ASA (OSTO:AIRXO) Overvalued in 2026?

Based on GuruFocus' analysis, Airthings ASA stock appears to be undervalued. The current stock price of kr0.31 is trading 95.5% below its estimated GF Value™ of kr6.78.

Key valuation signals for OSTO:AIRXO:

  • ROC %: -59.83%
  • GF Value™: kr6.78 vs. price of kr0.31 (95.5% below fair value)
  • GF Score™: 61/100 with 6 warning signs

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


Airthings ASA Business Description

Address Wergelandsveien 7, Oslo, NOR, 0167
Airthings ASA is a hardware-enabled software company that develops products and systems for monitoring indoor air quality, radon, and energy efficiency. The company's solutions resolve issues related to air quality and air containment and enable a reduced CO2 footprint by optimizing energy consumption for buildings. It is engaged in three business segments, which include Airthings for Consumer (Consumer), Airthings for Business (AfB), and Airthings for Professionals (Pro). The majority of the revenue comes from the Airthings for Consumer segment, which offers air quality monitors and air purifiers with software solutions to enable consumers to create and maintain a healthy home environment.
61GF Score

Get the complete analysis for OSTO:AIRXO

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

kr0.31
Price
kr6.78
GF Value