poLight ASA (OSL:PLT) ROCE %: -25.64% (As of Mar. 2026)


OSL:PLT poLight ASA OSL:PLT
44 GF Score
Price kr9.89
GF Value kr4.24
Valuation Significantly Overvalued
! 4 Warning Signs
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What is poLight ASA ROCE %?

poLight ASA OSL:PLT -4.54% 44 ROCE % is -25.64% as of Mar. 2026. GuruFocus rates OSL:PLT with a GF Score™ of 44/100 and a GF Value™ of kr4.24 (Significantly 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. poLight ASA's annualized ROCE % for the quarter that ended in Mar. 2026 was -25.64%.


poLight ASA  (OSL:PLT) 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.


poLight ASA ROCE % Related Terms


poLight ASA ROCE % Historical Data

* Premium members only.

The historical data trend for poLight 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.

poLight ASA ROCE % Chart

poLight 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 -30.73 -36.29 -47.87 -45.74 -39.62

poLight 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 -45.53 -42.81 -30.98 -35.74 -25.64
OSL:PLT
44GF Score
poLight ASA OSL:PLT
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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poLight ASA ROCE % Calculation

poLight 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 )
=-117.089/( ( (264.033 - 22.167) + (372.776 - 23.565) )/ 2 )
=-117.089/( (241.866+349.211)/ 2 )
=-117.089/295.5385
=-39.62 %

poLight 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 )
=-87.196/( ( (372.776 - 23.565) + (350.187 - 19.343) )/ 2 )
=-87.196/( ( 349.211 + 330.844 )/ 2 )
=-87.196/340.0275
=-25.64 %

(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 -25.64% mean?
poLight ASA (OSL:PLT) has a ROCE % of -25.64% as of Mar. 2026.
Is poLight ASA's ROCE % too high?
poLight ASA's current ROCE % is -25.64%. Overall, poLight ASA has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does poLight ASA's ROCE % compare to APH and GLW?
poLight ASA's ROCE % of -25.64% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.83. 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 Hardware company?
The median ROCE % among Hardware companies is 5.83, based on 2,444 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 Hardware industry, the median ROCE % is 5.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. poLight ASA's current ROCE % is -25.64%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is poLight ASA stock overvalued right now?
Based on GuruFocus' analysis, poLight ASA (OSL:PLT) is currently considered Significantly Overvalued. The stock's GF Value™ is kr4.24, compared to a current price of kr9.89 — trading 133.3% above its estimated fair value. The current ROCE % is -25.64%. poLight ASA's overall GF Score™ is 44/100 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 poLight ASA (OSL:PLT), the current ROCE % is -25.64% 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 poLight ASA (OSL:PLT) Overvalued in 2026?

Based on GuruFocus' analysis, poLight ASA stock appears to be overvalued. The current stock price of kr9.89 is trading 133.3% above its estimated GF Value™ of kr4.24. GuruFocus considers poLight ASA to be Significantly Overvalued.

Key valuation signals for OSL:PLT:

  • ROCE %: -25.64%
  • GF Value™: kr4.24 vs. price of kr9.89 (133.3% above fair value)
  • GF Score™: 44/100 with 4 warning signs

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


poLight ASA Business Description

Other Exchanges 3OL0:Germany
Address Kjelleveien 21A, Tonsberg, NOR, 3125
poLight ASA provides photographic lenses used in cameras for smartphones, wearables such as watches and glasses, and industrial applications including medical and retail. The company specializes in optics, polymers, micro-electromechanical systems technology, and image application and processing. Its products include Driver ASIC and TLens. The Group has only one operating segment the TLens technology platform. Its geographical segments are the United States, Asia, and Europe.
44GF Score

Get the complete analysis for OSL:PLT

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

kr9.89
Price
kr4.24
GF Value