Aker ASA (FRA:FKM) ROCE %: 11.89% (As of Dec. 2025)


FRA:FKM Aker ASA FRA:FKM
68 GF Score
Price €100.40
GF Value €79.30
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Aker ASA ROCE %?

Aker ASA FRA:FKM -2.71% 68 ROCE % is 11.89% as of Dec. 2025. GuruFocus rates FRA:FKM with a GF Score™ of 68/100 and a GF Value™ of €79.30 (Modestly Overvalued). The stock has 5 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. Aker ASA's annualized ROCE % for the quarter that ended in Dec. 2025 was 11.89%.

Aker ASA  (FRA:FKM) 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.

Aker ASA ROCE % Related Terms

Aker ASA ROCE % Historical Data

* Premium members only.

The historical data trend for Aker 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.

Aker ASA ROCE % Chart

Aker 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 2.49 13.32 1.33 5.91 5.82

Aker ASA Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 8.81 0.75 9.76 0.60 11.89
FRA:FKM
68GF Score
Aker ASA FRA:FKM
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aker ASA ROCE % Calculation

Aker 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 )
=469.126/( ( (9226.401 - 855.98) + (8412.748 - 666.51) )/ 2 )
=469.126/( (8370.421+7746.238)/ 2 )
=469.126/8058.3295
=5.82 %

Aker ASA's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=892.624/( ( (8006.029 - 732.886) + (8412.748 - 666.51) )/ 2 )
=892.624/( ( 7273.143 + 7746.238 )/ 2 )
=892.624/7509.6905
=11.89 %

(1) Note: The EBIT data used here is two times the semi-annual (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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 11.89% mean?
Aker ASA (FRA:FKM) has a ROCE % of 11.89% as of Dec. 2025.
Is Aker ASA's ROCE % too high?
Aker ASA's current ROCE % is 11.89%. The Conglomerates industry median ROCE % is 6.90. Aker ASA's value of 11.89% is 72.4% above this industry median. Overall, Aker ASA has a GF Score™ of 68/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aker ASA's ROCE % compare to HON and MMM?
Aker ASA's ROCE % of 11.89% can be compared against companies in the Conglomerates industry. The industry median ROCE % is 6.90. Aker ASA's value of 11.89% is 72.4% 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 Conglomerates company?
The median ROCE % among Conglomerates companies is 6.90, based on 556 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. Aker ASA's current ROCE % of 11.89% is 72.4% 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 Conglomerates industry, the median ROCE % is 6.90 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aker ASA's current ROCE % is 11.89%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aker ASA stock overvalued right now?
Based on GuruFocus' analysis, Aker ASA (FRA:FKM) is currently considered Modestly Overvalued. The stock's GF Value™ is €79.30, compared to a current price of €100.40 — trading 26.6% above its estimated fair value. The current ROCE % is 11.89% and 72.4% above the Conglomerates industry median of 6.90. Aker ASA's overall GF Score™ is 68/100 with 5 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 Aker ASA (FRA:FKM), the current ROCE % is 11.89% 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 Aker ASA (FRA:FKM) Overvalued in 2026?

Based on GuruFocus' analysis, Aker ASA stock appears to be overvalued. The current stock price of €100.40 is trading 26.6% above its estimated GF Value™ of €79.30. GuruFocus considers Aker ASA to be Modestly Overvalued.

Key valuation signals for FRA:FKM:

  • ROCE %: 11.89%
  • GF Value™: €79.30 vs. price of €100.40 (26.6% above fair value)
  • GF Score™: 68/100 with 5 warning signs
  • Industry Position: 72.4% above the Conglomerates median

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

Aker ASA Business Description

Address Oksenoyveien 10, Lysaker, Oslo, NOR, 1326
Aker ASA is an industrial investment company that develops businesses and exercises active ownership to create value for its shareholders and society at large. The portfolio has focused on companies in oil and gas, maritime assets, seafood/marine biotechnology, and real estate sectors. The company's investment portfolio comprises two segments: Industrial holdings and Financial investments. The primary focus for businesses within Industrial holdings is long-term value creation. Businesses within Financial investments are managed as a portfolio with a focus on financial and strategic opportunities. The company generates the majority of its revenue from Industrial holdings. Geographically, the company generates the majority of its revenue from Norway.
68GF Score

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

€100.40
Price
€79.30
GF Value