Nordic Semiconductor ASA (OSL:NOD) ROCE %: 5.01% (As of Mar. 2026)


OSL:NOD Nordic Semiconductor ASA OSL:NOD
87 GF Score
Price kr177.70
GF Value kr146.08
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Nordic Semiconductor ASA ROCE %?

Nordic Semiconductor ASA OSL:NOD -0.89% 87 ROCE % is 5.01% as of Mar. 2026. GuruFocus rates OSL:NOD with a GF Score™ of 87/100 and a GF Value™ of kr146.08 (Modestly Overvalued). The stock has 8 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. Nordic Semiconductor ASA's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.01%.

Nordic Semiconductor ASA  (OSL:NOD) 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.

Nordic Semiconductor ASA ROCE % Related Terms

Nordic Semiconductor ASA ROCE % Historical Data

* Premium members only.

The historical data trend for Nordic Semiconductor 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.

Nordic Semiconductor ASA ROCE % Chart

Nordic Semiconductor 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 19.93 32.61 2.20 -4.61 3.02

Nordic Semiconductor 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 1.42 5.63 1.26 0.24 5.01
OSL:NOD
87GF Score
Nordic Semiconductor ASA OSL:NOD
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic Semiconductor ASA ROCE % Calculation

Nordic Semiconductor 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 )
=247.336/( ( (9051.564 - 1156.677) + (9938.731 - 1469.745) )/ 2 )
=247.336/( (7894.887+8468.986)/ 2 )
=247.336/8181.9365
=3.02 %

Nordic Semiconductor 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 )
=416.208/( ( (9938.731 - 1469.745) + (9741.113 - 1599.677) )/ 2 )
=416.208/( ( 8468.986 + 8141.436 )/ 2 )
=416.208/8305.211
=5.01 %

(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 5.01% mean?
Nordic Semiconductor ASA (OSL:NOD) has a ROCE % of 5.01% as of Mar. 2026.
Is Nordic Semiconductor ASA's ROCE % too high?
Nordic Semiconductor ASA's current ROCE % is 5.01%. The Semiconductors industry median ROCE % is 4.81. Nordic Semiconductor ASA's value of 5.01% is 4.3% above this industry median. Overall, Nordic Semiconductor ASA has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nordic Semiconductor ASA's ROCE % compare to NVDA and AVGO?
Nordic Semiconductor ASA's ROCE % of 5.01% can be compared against companies in the Semiconductors industry. The industry median ROCE % is 4.81. Nordic Semiconductor ASA's value of 5.01% is 4.3% 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 Semiconductors company?
The median ROCE % among Semiconductors companies is 4.81, based on 1,018 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. Nordic Semiconductor ASA's current ROCE % of 5.01% is 4.3% 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 Semiconductors industry, the median ROCE % is 4.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Semiconductor ASA's current ROCE % is 5.01%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Semiconductor ASA stock overvalued right now?
Based on GuruFocus' analysis, Nordic Semiconductor ASA (OSL:NOD) is currently considered Modestly Overvalued. The stock's GF Value™ is kr146.08, compared to a current price of kr177.70 — trading 21.6% above its estimated fair value. The current ROCE % is 5.01% and 4.3% above the Semiconductors industry median of 4.81. Nordic Semiconductor ASA's overall GF Score™ is 87/100 with 8 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 Nordic Semiconductor ASA (OSL:NOD), the current ROCE % is 5.01% 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 Nordic Semiconductor ASA (OSL:NOD) Overvalued in 2026?

Based on GuruFocus' analysis, Nordic Semiconductor ASA stock appears to be overvalued. The current stock price of kr177.70 is trading 21.6% above its estimated GF Value™ of kr146.08. GuruFocus considers Nordic Semiconductor ASA to be Modestly Overvalued.

Key valuation signals for OSL:NOD:

  • ROCE %: 5.01%
  • GF Value™: kr146.08 vs. price of kr177.70 (21.6% above fair value)
  • GF Score™: 87/100 with 8 warning signs
  • Industry Position: 4.3% above the Semiconductors median

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

Nordic Semiconductor ASA Business Description

Address Otto Nielsens veg 12, Trondheim, NOR, 7052
Nordic Semiconductor designs Bluetooth Low Energy chips for the wireless industry, making 90% of its revenue from this technology. Nordic's chips are used in all types of battery-powered devices such as wearables, smarthome applications, asset trackers, and industrial and healthcare markets. In recent years Nordic has also expanded into adjacent technologies such as Wi-Fi, Thread protocol and long-range connectivity.
87GF Score

Get the complete analysis for OSL:NOD

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

kr177.70
Price
kr146.08
GF Value