Norwegian Block Exchange AS (OSL:NBX) ROCE %: -14.79% (As of Dec. 2025)

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OSL:NBX Norwegian Block Exchange AS OSL:NBX
51 GF Score
Price kr0.54
GF Value kr0.47
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Norwegian Block Exchange AS ROCE %?

Norwegian Block Exchange AS OSL:NBX -5.43% 51 ROCE % is -14.79% as of Dec. 2025. GuruFocus rates OSL:NBX with a GF Score™ of 51/100 and a GF Value™ of kr0.47 (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. Norwegian Block Exchange AS's annualized ROCE % for the quarter that ended in Dec. 2025 was -14.79%.

Norwegian Block Exchange AS  (OSL:NBX) 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.

Norwegian Block Exchange AS ROCE % Related Terms

Norwegian Block Exchange AS ROCE % Historical Data

* Premium members only.

The historical data trend for Norwegian Block Exchange 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.

Norwegian Block Exchange AS ROCE % Chart

Norwegian Block Exchange AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial -32.64 -62.81 -52.40 -40.96 -15.74

Norwegian Block Exchange AS Semi-Annual Data
Dec18 Dec19 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 -59.84 -38.29 -40.45 -18.04 -14.79
OSL:NBX
51GF Score
Norwegian Block Exchange AS OSL:NBX
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Norwegian Block Exchange AS ROCE % Calculation

Norwegian Block Exchange 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 )
=-15.957/( ( (147.5 - 51.977) + (176.349 - 69.067) )/ 2 )
=-15.957/( (95.523+107.282)/ 2 )
=-15.957/101.4025
=-15.74 %

Norwegian Block Exchange 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 )
=-14.858/( ( (159.931 - 66.341) + (176.349 - 69.067) )/ 2 )
=-14.858/( ( 93.59 + 107.282 )/ 2 )
=-14.858/100.436
=-14.79 %

(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 -14.79% mean?
Norwegian Block Exchange AS (OSL:NBX) has a ROCE % of -14.79% as of Dec. 2025.
Is Norwegian Block Exchange AS's ROCE % too high?
Norwegian Block Exchange AS's current ROCE % is -14.79%. Overall, Norwegian Block Exchange AS has a GF Score™ of 51/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Norwegian Block Exchange AS's ROCE % compare to MS and GS?
Norwegian Block Exchange AS's ROCE % of -14.79% can be compared against companies in the Capital Markets industry. The industry median ROCE % is 5.71. 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 Capital Markets company?
The median ROCE % among Capital Markets companies is 5.71, based on 690 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 Capital Markets industry, the median ROCE % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norwegian Block Exchange AS's current ROCE % is -14.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwegian Block Exchange AS stock overvalued right now?
Based on GuruFocus' analysis, Norwegian Block Exchange AS (OSL:NBX) is currently considered Modestly Overvalued. The stock's GF Value™ is kr0.47, compared to a current price of kr0.54 — trading 14.9% above its estimated fair value. The current ROCE % is -14.79%. Norwegian Block Exchange AS's overall GF Score™ is 51/100 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 Norwegian Block Exchange AS (OSL:NBX), the current ROCE % is -14.79% 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 Norwegian Block Exchange AS (OSL:NBX) Overvalued in 2026?

Based on GuruFocus' analysis, Norwegian Block Exchange AS stock appears to be overvalued. The current stock price of kr0.54 is trading 14.9% above its estimated GF Value™ of kr0.47. GuruFocus considers Norwegian Block Exchange AS to be Modestly Overvalued.

Key valuation signals for OSL:NBX:

  • ROCE %: -14.79%
  • GF Value™: kr0.47 vs. price of kr0.54 (14.9% above fair value)
  • GF Score™: 51/100 with 4 warning signs

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

Norwegian Block Exchange AS Business Description

Other Exchanges 9Q3:Germany
Address Arnstein Arnebergs Vei 30, Lysaker, NOR, 1366
Norwegian Block Exchange AS is a financial services company that specializes in developing digital asset-based products. It is a cryptocurrency exchange serving the Nordic market, offering secure trading of digital assets, tokenization, custody solutions, and blockchain technology services for retail and institutional clients. NBX provides a compliant trading environment with robust security measures and transparent operations. The company has also issued a credit card with BTC cashback.
51GF Score

Get the complete analysis for OSL:NBX

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

kr0.54
Price
kr0.47
GF Value