Elmera Group ASA (OSL:ELMRA) ROCE %: 24.77% (As of Mar. 2026)


OSL:ELMRA Elmera Group ASA OSL:ELMRA
74 GF Score
Price kr46.45
GF Value kr34.60
Valuation Significantly Overvalued
! 10 Warning Signs
View Full Analysis

What is Elmera Group ASA ROCE %?

Elmera Group ASA OSL:ELMRA +1.98% 74 ROCE % is 24.77% as of Mar. 2026. GuruFocus rates OSL:ELMRA with a GF Score™ of 74/100 and a GF Value™ of kr34.60 (Significantly Overvalued). The stock has 10 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. Elmera Group ASA's annualized ROCE % for the quarter that ended in Mar. 2026 was 24.77%.

Elmera Group ASA  (OSL:ELMRA) 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.

Elmera Group ASA ROCE % Related Terms

Elmera Group ASA ROCE % Historical Data

* Premium members only.

The historical data trend for Elmera Group 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.

Elmera Group ASA ROCE % Chart

Elmera Group 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 12.57 7.51 10.08 18.26 13.38

Elmera Group 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 16.27 10.78 6.97 20.55 24.77
OSL:ELMRA
74GF Score
Elmera Group ASA OSL:ELMRA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Elmera Group ASA ROCE % Calculation

Elmera Group 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 )
=404.512/( ( (6026.626 - 2787.933) + (7104.518 - 4296.921) )/ 2 )
=404.512/( (3238.693+2807.597)/ 2 )
=404.512/3023.145
=13.38 %

Elmera Group 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 )
=732.78/( ( (7104.518 - 4296.921) + (7058.984 - 3949.084) )/ 2 )
=732.78/( ( 2807.597 + 3109.9 )/ 2 )
=732.78/2958.7485
=24.77 %

(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 24.77% mean?
Elmera Group ASA (OSL:ELMRA) has a ROCE % of 24.77% as of Mar. 2026.
Is Elmera Group ASA's ROCE % too high?
Elmera Group ASA's current ROCE % is 24.77%. The Utilities - Regulated industry median ROCE % is 6.96. Elmera Group ASA's value of 24.77% is 256.1% above this industry median. Overall, Elmera Group ASA has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elmera Group ASA's ROCE % compare to NEE and SO?
Elmera Group ASA's ROCE % of 24.77% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.96. Elmera Group ASA's value of 24.77% is 256.1% 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 Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.96, based on 506 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. Elmera Group ASA's current ROCE % of 24.77% is 256.1% 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 Utilities - Regulated industry, the median ROCE % is 6.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Elmera Group ASA's current ROCE % is 24.77%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elmera Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Elmera Group ASA (OSL:ELMRA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr34.60, compared to a current price of kr46.45 — trading 34.2% above its estimated fair value. The current ROCE % is 24.77% and 256.1% above the Utilities - Regulated industry median of 6.96. Elmera Group ASA's overall GF Score™ is 74/100 with 10 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 Elmera Group ASA (OSL:ELMRA), the current ROCE % is 24.77% 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 Elmera Group ASA (OSL:ELMRA) Overvalued in 2026?

Based on GuruFocus' analysis, Elmera Group ASA stock appears to be overvalued. The current stock price of kr46.45 is trading 34.2% above its estimated GF Value™ of kr34.60. GuruFocus considers Elmera Group ASA to be Significantly Overvalued.

Key valuation signals for OSL:ELMRA:

  • ROCE %: 24.77%
  • GF Value™: kr34.60 vs. price of kr46.45 (34.2% above fair value)
  • GF Score™: 74/100 with 10 warning signs
  • Industry Position: 256.1% above the Utilities - Regulated median

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

Elmera Group ASA Business Description

Other Exchanges FKRAFTo:Sweden1ZK:Germany
Address Folke Bernadottes Vei 38, Fyllingsdalen, Bergen, NOR, 5147
Elmera Group ASA is engaged in the sale of electrical power and related services. The company has three operating segments: Consumer, Business, and Nordic. The Consumer segment comprises the sale of electrical power and related services to private consumers in Norway. The Business segment includes the sale of electrical power and related services to business customers in Norway. The Nordic segment involves the sale of electrical power and related services to consumers in Finland and Sweden. It generates the majority of its revenue from the Consumer segment.
74GF Score

Get the complete analysis for OSL:ELMRA

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

kr46.45
Price
kr34.60
GF Value