Norrhydro Group Oyj (OHEL:NORRH) ROCE %: 10.32% (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OHEL:NORRH Norrhydro Group Oyj OHEL:NORRH
80 GF Score
Price €1.15
GF Value €1.45
Valuation Modestly Undervalued
! 5 Warning Signs
View Full Analysis

What is Norrhydro Group Oyj ROCE %?

Norrhydro Group Oyj OHEL:NORRH -4.56% 80 ROCE % is 10.32% as of Jun. 2026. GuruFocus rates OHEL:NORRH with a GF Score™ of 80/100 and a GF Value™ of €1.45 (Modestly Undervalued). 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. Norrhydro Group Oyj's annualized ROCE % for the quarter that ended in Jun. 2026 was 10.32%.

Norrhydro Group Oyj  (OHEL:NORRH) 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.

Norrhydro Group Oyj ROCE % Related Terms

Norrhydro Group Oyj ROCE % Historical Data

* Premium members only.

The historical data trend for Norrhydro Group Oyj'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.

Norrhydro Group Oyj ROCE % Chart

Norrhydro Group Oyj Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 7.53 5.63 -1.40 -0.53 9.22

Norrhydro Group Oyj Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
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 1.13 -2.32 7.63 11.10 10.32
OHEL:NORRH
80GF Score
Norrhydro Group Oyj OHEL:NORRH
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Norrhydro Group Oyj ROCE % Calculation

Norrhydro Group Oyj'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 )
=1.367/( ( (23.955 - 8.405) + (23.649 - 9.532) )/ 2 )
=1.367/( (15.55+14.117)/ 2 )
=1.367/14.8335
=9.22 %

Norrhydro Group Oyj's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Dec. 2025 )(Q: Jun. 2026 )
=1.452/( ( (23.649 - 9.532) + (22.907 - 8.878) )/ 2 )
=1.452/( ( 14.117 + 14.029 )/ 2 )
=1.452/14.073
=10.32 %

(1) Note: The EBIT data used here is two times the semi-annual (Jun. 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 10.32% mean?
Norrhydro Group Oyj (OHEL:NORRH) has a ROCE % of 10.32% as of Jun. 2026.
Is Norrhydro Group Oyj's ROCE % too high?
Norrhydro Group Oyj's current ROCE % is 10.32%. The Industrial Products industry median ROCE % is 7.08. Norrhydro Group Oyj's value of 10.32% is 45.8% above this industry median. Overall, Norrhydro Group Oyj has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Norrhydro Group Oyj's ROCE % compare to GEV and ETN?
Norrhydro Group Oyj's ROCE % of 10.32% can be compared against companies in the Industrial Products industry. The industry median ROCE % is 7.08. Norrhydro Group Oyj's value of 10.32% is 45.8% 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 an Industrial Products company?
The median ROCE % among Industrial Products companies is 7.08, based on 3,026 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. Norrhydro Group Oyj's current ROCE % of 10.32% is 45.8% 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 Industrial Products industry, the median ROCE % is 7.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norrhydro Group Oyj's current ROCE % is 10.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norrhydro Group Oyj stock overvalued right now?
Based on GuruFocus' analysis, Norrhydro Group Oyj (OHEL:NORRH) is currently considered Modestly Undervalued. The stock's GF Value™ is €1.45, compared to a current price of €1.15 — trading 20.7% below its estimated fair value. The current ROCE % is 10.32% and 45.8% above the Industrial Products industry median of 7.08. Norrhydro Group Oyj's overall GF Score™ is 80/100 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 Norrhydro Group Oyj (OHEL:NORRH), the current ROCE % is 10.32% as of Jun. 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 Norrhydro Group Oyj (OHEL:NORRH) Overvalued in 2026?

Based on GuruFocus' analysis, Norrhydro Group Oyj stock appears to be undervalued. The current stock price of €1.15 is trading 20.7% below its estimated GF Value™ of €1.45. GuruFocus considers Norrhydro Group Oyj to be Modestly Undervalued.

Key valuation signals for OHEL:NORRH:

  • ROCE %: 10.32%
  • GF Value™: €1.45 vs. price of €1.15 (20.7% below fair value)
  • GF Score™: 80/100 with 5 warning signs
  • Industry Position: 45.8% above the Industrial Products median

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

Norrhydro Group Oyj Business Description

Address Ratavartijankatu 2, P.O.Box 8075, Rovaniemi, FIN, 96100
Norrhydro Group Oyj is a provider of hydraulic cylinders in the Nordic countries. The company develops and manufactures hydraulic solutions for the needs of the forestry, material handling, mining, civil engineering, marine industries Lifting and recycling and others. Geographically it can be segmented as Domestic sales and Intra-community sales.
80GF Score

Get the complete analysis for OHEL:NORRH

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

€1.15
Price
€1.45
GF Value