Goodtech ASA (OSL:GOD) ROCE %: 20.08% (As of Mar. 2026)


OSL:GOD Goodtech ASA OSL:GOD
73 GF Score
Price kr12.70
GF Value kr9.47
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Goodtech ASA ROCE %?

Goodtech ASA OSL:GOD -2.31% 73 ROCE % is 20.08% as of Mar. 2026. GuruFocus rates OSL:GOD with a GF Score™ of 73/100 and a GF Value™ of kr9.47 (Significantly 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. Goodtech ASA's annualized ROCE % for the quarter that ended in Mar. 2026 was 20.08%.


Goodtech ASA  (OSL:GOD) 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.


Goodtech ASA ROCE % Related Terms


Goodtech ASA ROCE % Historical Data

* Premium members only.

The historical data trend for Goodtech 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.

Goodtech ASA ROCE % Chart

Goodtech 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 -3.30 2.06 5.01 10.51 12.10

Goodtech 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 14.85 11.86 12.27 17.65 20.08
OSL:GOD
73GF Score
Goodtech ASA OSL:GOD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Goodtech ASA ROCE % Calculation

Goodtech 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 )
=37.2/( ( (528.2 - 236) + (510.4 - 187.8) )/ 2 )
=37.2/( (292.2+322.6)/ 2 )
=37.2/307.4
=12.10 %

Goodtech 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 )
=66.4/( ( (510.4 - 187.8) + (514.1 - 175.3) )/ 2 )
=66.4/( ( 322.6 + 338.8 )/ 2 )
=66.4/330.7
=20.08 %

(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 20.08% mean?
Goodtech ASA (OSL:GOD) has a ROCE % of 20.08% as of Mar. 2026.
Is Goodtech ASA's ROCE % too high?
Goodtech ASA's current ROCE % is 20.08%. The Construction industry median ROCE % is 8.22. Goodtech ASA's value of 20.08% is 144.3% above this industry median. Overall, Goodtech ASA has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Goodtech ASA's ROCE % compare to PWR and FIX?
Goodtech ASA's ROCE % of 20.08% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Goodtech ASA's value of 20.08% is 144.3% 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 Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,754 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. Goodtech ASA's current ROCE % of 20.08% is 144.3% 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Goodtech ASA's current ROCE % is 20.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Goodtech ASA stock overvalued right now?
Based on GuruFocus' analysis, Goodtech ASA (OSL:GOD) is currently considered Significantly Overvalued. The stock's GF Value™ is kr9.47, compared to a current price of kr12.70 — trading 34.1% above its estimated fair value. The current ROCE % is 20.08% and 144.3% above the Construction industry median of 8.22. Goodtech ASA's overall GF Score™ is 73/100 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 Goodtech ASA (OSL:GOD), the current ROCE % is 20.08% 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 Goodtech ASA (OSL:GOD) Overvalued in 2026?

Based on GuruFocus' analysis, Goodtech ASA stock appears to be overvalued. The current stock price of kr12.70 is trading 34.1% above its estimated GF Value™ of kr9.47. GuruFocus considers Goodtech ASA to be Significantly Overvalued.

Key valuation signals for OSL:GOD:

  • ROCE %: 20.08%
  • GF Value™: kr9.47 vs. price of kr12.70 (34.1% above fair value)
  • GF Score™: 73/100 with 5 warning signs
  • Industry Position: 144.3% above the Construction median

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


Goodtech ASA Business Description

Other Exchanges 0ELH:UK6FO:Germany
Address Innspurten 15, Oslo, NOR, 0663
Goodtech ASA is a specialist in control systems, digitalization, and production optimization for the manufacturing industry. The company plays an active role in modernizing, streamlining, and driving the critical digital transformation in Nordic industry. It also provides technical solutions in the field of Food & Beverage, Manufacturing, Renewables, Process Industry, New Industries, Energy & Utilities, Metals & Minerals, Mobility, Pharma, and Marine & Aquaculture. It also supplies automation products and streamlining solutions globally.
73GF Score

Get the complete analysis for OSL:GOD

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

kr12.70
Price
kr9.47
GF Value