Okea ASA (OSL:OKEA) ROCE %: 61.34% (As of Mar. 2026)

What is Okea ASA ROCE %?

Okea ASA OSL:OKEA +1.54% 73 ROCE % is 61.34% as of Mar. 2026. GuruFocus rates OSL:OKEA with a GF Score™ of 73/100 and a GF Value™ of kr21.21 (Significantly Overvalued). The stock has 2 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. Okea ASA's annualized ROCE % for the quarter that ended in Mar. 2026 was 61.34%.

Okea ASA (OSL:OKEA) 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.

Okea ASA ROCE % Related Terms

Okea ASA ROCE % Historical Data

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The historical data trend for Okea 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.

Okea ASA ROCE % Chart

Okea ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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23.59

29.92

10.84

37.79

0.81

Okea 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															38.20	4.94	-24.37	-14.06	61.34

73GF Score

Okea ASA OSL:OKEA

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Okea ASA ROCE % Calculation

Okea 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 )
	=	118.423	/	( ( (19555.227 - 4960.247)	+	(18350.239 - 3813.081) )	/ 2 )
	=	118.423	/	( (14594.98	+	14537.158)	/ 2 )
	=	118.423	/	14566.069
	=	0.81 %

Okea 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 )
	=	9330.592	/	( ( (18350.239 - 3813.081)	+	(19883.03 - 3995.212) )	/ 2 )
	=	9330.592	/	( ( 14537.158	+	15887.818 )	/ 2 )
	=	9330.592	/	15212.488
	=	61.34 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 61.34% mean?

Okea ASA (OSL:OKEA) has a ROCE % of 61.34% as of Mar. 2026.

Is Okea ASA's ROCE % too high?

Okea ASA's current ROCE % is 61.34%. The Oil & Gas industry median ROCE % is 6.86. Okea ASA's value of 61.34% is 794.8% above this industry median. Overall, Okea 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 Okea ASA's ROCE % compare to COP and EOG?

Okea ASA's ROCE % of 61.34% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.86. Okea ASA's value of 61.34% is 794.8% 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 Oil & Gas company?

The median ROCE % among Oil & Gas companies is 6.86, based on 978 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. Okea ASA's current ROCE % of 61.34% is 794.8% 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 Oil & Gas industry, the median ROCE % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Okea ASA's current ROCE % is 61.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Okea ASA stock overvalued right now?

Based on GuruFocus' analysis, Okea ASA (OSL:OKEA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr21.21, compared to a current price of kr29.75 — trading 40.3% above its estimated fair value. The current ROCE % is 61.34% and 794.8% above the Oil & Gas industry median of 6.86. Okea ASA's overall GF Score™ is 73/100 with 2 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 Okea ASA (OSL:OKEA), the current ROCE % is 61.34% 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 Okea ASA (OSL:OKEA) Overvalued in 2026?

Based on GuruFocus' analysis, Okea ASA stock appears to be overvalued. The current stock price of kr29.75 is trading 40.3% above its estimated GF Value™ of kr21.21. GuruFocus considers Okea ASA to be Significantly Overvalued.

Key valuation signals for OSL:OKEA:

ROCE %: 61.34%
GF Value™: kr21.21 vs. price of kr29.75 (40.3% above fair value)
GF Score™: 73/100 with 2 warning signs
Industry Position: 794.8% above the Oil & Gas median

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

Okea ASA Business Description

Industry Energy Oil & Gas

Comparable Companies OSL:PEN OSL:SNM OSL:PNOR OSL:IOX OSL:BNOR OSL:BWE HKSE:00883 COP TSX:CNQ EOG FANG OXY DVN MIC:NVTK ASX:WDS EQT TPL TSE:1605 EXE OSL:AKRBP

Other Exchanges OKEA:Sweden OKEAo:UK 3SX:Germany

Address Kongens Gate 8, Trondheim, NOR, 7011

Website https://www.okea.no

Okea ASA is an oil and gas company operating on the Norwegian continental shelf. The company's asset portfolio includes fields it operates as well as interests in other producing fields and exploration licences. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. The operations of the company include Draugen Field, Gjoa Field, Ivar Aasen, and others. The company generates the majority of its revenue from the sale of crude.

73GF Score

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kr29.75

Price

kr21.21

GF Value

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