Zalaris ASA (CHIX:ZALO) ROCE %: 21.29% (As of Mar. 2026)


CHIX:ZALO Zalaris ASA CHIX:ZALO
87 GF Score
Price kr51.60
GF Value kr47.27
! 6 Warning Signs
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What is Zalaris ASA ROCE %?

Zalaris ASA CHIX:ZALO 87 ROCE % is 21.29% as of Mar. 2026. GuruFocus rates CHIX:ZALO with a GF Score™ of 87/100 and a GF Value™ of kr47.27. The stock has 6 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Zalaris ASA's annualized ROCE % for the quarter that ended in Mar. 2026 was 21.29%.

Zalaris ASA  (CHIX:ZALo) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Zalaris ASA ROCE % Related Terms

Zalaris ASA ROCE % Historical Data

* Premium members only.

The historical data trend for Zalaris ASA's ROCE % 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.

Zalaris ASA ROCE % Chart

Zalaris ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.00 1.03 5.69 13.00 16.05

Zalaris ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 22.62 13.02 20.09 6.25 21.29
CHIX:ZALO
87GF Score
Zalaris ASA CHIX:ZALO
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zalaris ASA ROCE % Calculation

Zalaris ASA's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=122.558/( ( (1319.872 - 531.022) + (1286.148 - 547.376) )/ 2 )
=122.558/( (788.85+738.772)/ 2 )
=122.558/763.811
=16.05 %

Zalaris ASA's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=152.416/( ( (1286.148 - 547.376) + (1226.957 - 533.813) )/ 2 )
=152.416/( ( 738.772 + 693.144 )/ 2 )
=152.416/715.958
=21.29 %

(1) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 21.29% mean?
Zalaris ASA (CHIX:ZALO) has a ROCE % of 21.29% as of Mar. 2026.
Is Zalaris ASA's ROCE % too high?
Zalaris ASA's current ROCE % is 21.29%. The Business Services industry median ROCE % is 8.88. Zalaris ASA's value of 21.29% is 139.8% above this industry median. Overall, Zalaris ASA has a GF Score™ of 87/100, reflecting its overall financial health beyond just this single metric.
How does Zalaris ASA's ROCE % compare to KFY and RHI?
Zalaris ASA's ROCE % of 21.29% can be compared against companies in the Business Services industry. The industry median ROCE % is 8.88. Zalaris ASA's value of 21.29% is 139.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Business Services company?
The median ROCE % among Business Services companies is 8.88, based on 1,070 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Zalaris ASA's current ROCE % of 21.29% is 139.8% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Business Services industry, the median ROCE % is 8.88 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zalaris ASA's current ROCE % is 21.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalaris ASA stock overvalued right now?
Zalaris ASA (CHIX:ZALO) has a current ROCE % of 21.29%. The stock's GF Value™ is kr47.27, compared to a current price of kr51.60 — trading 9.2% above its estimated fair value. The current ROCE % is 21.29% and 139.8% above the Business Services industry median of 8.88. Zalaris ASA's overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Zalaris ASA (CHIX:ZALO), the current ROCE % is 21.29% 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 Zalaris ASA (CHIX:ZALO) Overvalued in 2026?

Based on GuruFocus' analysis, Zalaris ASA stock appears to be overvalued. The current stock price of kr51.60 is trading 9.2% above its estimated GF Value™ of kr47.27.

Key valuation signals for CHIX:ZALO:

  • ROCE %: 21.29%
  • GF Value™: kr47.27 vs. price of kr51.60 (9.2% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 139.8% above the Business Services median

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

Zalaris ASA Business Description

Address Hoffsveien 4, Oslo, NOR, NO-0275
Zalaris ASA is a company that offers outsourced personnel and payroll services. The company has two reportable segments: Managed Services and Zalaris Consulting. Managed Services include payroll and HR outsourcing services, cloud system solutions and services, and contribute to the majority of the revenue. The Zalaris Consulting segment includes the implementation of SAP HCM & Payroll and SuccessFactors, based on Zalaris templates, or implementation of customer-specific functionalities. Zalaris operates in Norway, Northern Europe, Central Europe, the UK, Ireland, and APAC.
87GF Score

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

kr51.60
Price
kr47.27
GF Value