CodeLab Capital AS (OSL:CODE) ROCE %: -51.05% (As of Dec. 2025)


OSL:CODE CodeLab Capital AS OSL:CODE
55 GF Score
Price kr3.21
GF Value kr2.29
Valuation Significantly Overvalued
! 6 Warning Signs
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What is CodeLab Capital AS ROCE %?

CodeLab Capital AS OSL:CODE -12.30% 55 ROCE % is -51.05% as of Dec. 2025. GuruFocus rates OSL:CODE with a GF Score™ of 55/100 and a GF Value™ of kr2.29 (Significantly Overvalued). 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. CodeLab Capital AS's annualized ROCE % for the quarter that ended in Dec. 2025 was -51.05%.


CodeLab Capital AS  (OSL:CODE) 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.


CodeLab Capital AS ROCE % Related Terms


CodeLab Capital AS ROCE % Historical Data

* Premium members only.

The historical data trend for CodeLab Capital AS'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.

CodeLab Capital AS ROCE % Chart

CodeLab Capital AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -8.46 -14.99 9.85 -199.15 -50.54

CodeLab Capital AS Semi-Annual Data
Dec18 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 -52.81 -74.51 -355.87 -57.58 -51.05
OSL:CODE
55GF Score
CodeLab Capital AS OSL:CODE
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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CodeLab Capital AS ROCE % Calculation

CodeLab Capital AS'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 )
=-15.866/( ( (20.639 - 2.732) + (58.816 - 13.94) )/ 2 )
=-15.866/( (17.907+44.876)/ 2 )
=-15.866/31.3915
=-50.54 %

CodeLab Capital AS'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 )
=-18.124/( ( (26.085 - -0.042) + (58.816 - 13.94) )/ 2 )
=-18.124/( ( 26.127 + 44.876 )/ 2 )
=-18.124/35.5015
=-51.05 %

(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 -51.05% mean?
CodeLab Capital AS (OSL:CODE) has a ROCE % of -51.05% as of Dec. 2025.
Is CodeLab Capital AS's ROCE % too high?
CodeLab Capital AS's current ROCE % is -51.05%. Overall, CodeLab Capital AS has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does CodeLab Capital AS's ROCE % compare to VEEV and BTSG?
CodeLab Capital AS's ROCE % of -51.05% can be compared against companies in the Healthcare Providers & Services industry. The industry median ROCE % is 6.41. 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 Healthcare Providers & Services company?
The median ROCE % among Healthcare Providers & Services companies is 6.41, based on 648 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. 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 Healthcare Providers & Services industry, the median ROCE % is 6.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CodeLab Capital AS's current ROCE % is -51.05%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CodeLab Capital AS stock overvalued right now?
Based on GuruFocus' analysis, CodeLab Capital AS (OSL:CODE) is currently considered Significantly Overvalued. The stock's GF Value™ is kr2.29, compared to a current price of kr3.21 — trading 40.2% above its estimated fair value. The current ROCE % is -51.05%. CodeLab Capital AS's overall GF Score™ is 55/100 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 CodeLab Capital AS (OSL:CODE), the current ROCE % is -51.05% 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 CodeLab Capital AS (OSL:CODE) Overvalued in 2026?

Based on GuruFocus' analysis, CodeLab Capital AS stock appears to be overvalued. The current stock price of kr3.21 is trading 40.2% above its estimated GF Value™ of kr2.29. GuruFocus considers CodeLab Capital AS to be Significantly Overvalued.

Key valuation signals for OSL:CODE:

  • ROCE %: -51.05%
  • GF Value™: kr2.29 vs. price of kr3.21 (40.2% above fair value)
  • GF Score™: 55/100 with 6 warning signs

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


CodeLab Capital AS Business Description

Other Exchanges P990:Germany
Address C/o Azets Document Solutions AS, Dm520023, Postboks 1570 Torgarden, Trondheim, NOR, 7435
CodeLab Capital AS builds and invests in next-generation technology. Its primary objective is to invest in other companies and contribute with capital, network, and operations. CodeLab Capital AS is a holding company that, through its subsidiary, is engaged in making software development tools for the broader B2B market.
55GF Score

Get the complete analysis for OSL:CODE

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

kr3.21
Price
kr2.29
GF Value