Odfjell Drilling (FRA:OD3) ROCE %: 16.63% (As of Mar. 2026)


FRA:OD3 Odfjell Drilling Ltd FRA:OD3
77 GF Score
Price €7.57
GF Value €6.18
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Odfjell Drilling ROCE %?

Odfjell Drilling FRA:OD3 -1.56% 77 ROCE % is 16.63% as of Mar. 2026. GuruFocus rates FRA:OD3 with a GF Score™ of 77/100 and a GF Value™ of €6.18 (Modestly Overvalued). The stock has 4 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. Odfjell Drilling's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.63%.

Odfjell Drilling  (FRA:OD3) 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.

Odfjell Drilling ROCE % Related Terms

Odfjell Drilling ROCE % Historical Data

* Premium members only.

The historical data trend for Odfjell Drilling'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.

Odfjell Drilling ROCE % Chart

Odfjell Drilling 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 5.77 7.16 15.12 7.41 10.74

Odfjell Drilling 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 10.12 12.01 15.14 11.84 16.63
FRA:OD3
77GF Score
Odfjell Drilling Ltd FRA:OD3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Odfjell Drilling ROCE % Calculation

Odfjell Drilling'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 )
=211.536/( ( (2115.23 - 244.576) + (2278.216 - 208.888) )/ 2 )
=211.536/( (1870.654+2069.328)/ 2 )
=211.536/1969.991
=10.74 %

Odfjell Drilling'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 )
=342.884/( ( (2278.216 - 208.888) + (2263.791 - 210.627) )/ 2 )
=342.884/( ( 2069.328 + 2053.164 )/ 2 )
=342.884/2061.246
=16.63 %

(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 16.63% mean?
Odfjell Drilling (FRA:OD3) has a ROCE % of 16.63% as of Mar. 2026.
Is Odfjell Drilling's ROCE % too high?
Odfjell Drilling's current ROCE % is 16.63%. The Oil & Gas industry median ROCE % is 6.79. Odfjell Drilling's value of 16.63% is 144.9% above this industry median. Overall, Odfjell Drilling has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odfjell Drilling's ROCE % compare to NE and RIG?
Odfjell Drilling's ROCE % of 16.63% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Odfjell Drilling's value of 16.63% is 144.9% 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 an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.79, based on 977 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. Odfjell Drilling's current ROCE % of 16.63% is 144.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odfjell Drilling's current ROCE % is 16.63%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odfjell Drilling stock overvalued right now?
Based on GuruFocus' analysis, Odfjell Drilling (FRA:OD3) is currently considered Modestly Overvalued. The stock's GF Value™ is €6.18, compared to a current price of €7.57 — trading 22.5% above its estimated fair value. The current ROCE % is 16.63% and 144.9% above the Oil & Gas industry median of 6.79. Odfjell Drilling's overall GF Score™ is 77/100 with 4 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 Odfjell Drilling (FRA:OD3), the current ROCE % is 16.63% 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 Odfjell Drilling (FRA:OD3) Overvalued in 2026?

Based on GuruFocus' analysis, Odfjell Drilling stock appears to be overvalued. The current stock price of €7.57 is trading 22.5% above its estimated GF Value™ of €6.18. GuruFocus considers Odfjell Drilling to be Modestly Overvalued.

Key valuation signals for FRA:OD3:

  • ROCE %: 16.63%
  • GF Value™: €6.18 vs. price of €7.57 (22.5% above fair value)
  • GF Score™: 77/100 with 4 warning signs
  • Industry Position: 144.9% above the Oil & Gas median

No single metric tells the full story. See the FRA:OD3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Odfjell Drilling Business Description

Industry EnergyOil & Gas
Address Lower Ground Floor, Prime View, Prime Four Business Park, Kingswells, Aberdeen, Scotland, GBR, AB15 8PU
Odfjell Drilling Ltd is an integrated offshore drilling and oil service company. The company and its subsidiaries operate mobile offshore drilling units. It operates in the segments Own Fleet and External Fleet. The Own Fleet segment operates mobile offshore drilling units owned by Odfjell Drilling. The External Fleet segment offers management services to other owners of drilling units, mainly operational management, management of regulatory requirements, marketing, contract negotiations, client relations, preparations for the operation, and mobilization. The majority of revenue is generated from the Own Fleet segment. Geographically, it generates the majority of its revenue from Norway.
77GF Score

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

€7.57
Price
€6.18
GF Value