Reach Subsea ASA (OSL:REACH) ROCE %: -35.62% (As of Mar. 2026)

What is Reach Subsea ASA ROCE %?

Reach Subsea ASA OSL:REACH -1.19% 81 ROCE % is -35.62% as of Mar. 2026. GuruFocus rates OSL:REACH with a GF Score™ of 81/100 and a GF Value™ of kr6.36 (Modestly Undervalued). The stock has 7 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. Reach Subsea ASA's annualized ROCE % for the quarter that ended in Mar. 2026 was -35.62%.

Reach Subsea ASA (OSL:REACH) 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.

Reach Subsea ASA ROCE % Related Terms

Reach Subsea ASA ROCE % Historical Data

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The historical data trend for Reach Subsea 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.

Reach Subsea ASA ROCE % Chart

Reach Subsea ASA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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25.71

22.80

30.74

19.37

10.27

Reach Subsea 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															20.19	24.07	10.04	-10.62	-35.62

81GF Score

Reach Subsea ASA OSL:REACH

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

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Reach Subsea ASA ROCE % Calculation

Reach Subsea 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 )
	=	207.18	/	( ( (3247.702 - 1413.011)	+	(3605.794 - 1406.851) )	/ 2 )
	=	207.18	/	( (1834.691	+	2198.943)	/ 2 )
	=	207.18	/	2016.817
	=	10.27 %

Reach Subsea 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 )
	=	-732.492	/	( ( (3605.794 - 1406.851)	+	(3261.505 - 1347.329) )	/ 2 )
	=	-732.492	/	( ( 2198.943	+	1914.176 )	/ 2 )
	=	-732.492	/	2056.5595
	=	-35.62 %

(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 -35.62% mean?

Reach Subsea ASA (OSL:REACH) has a ROCE % of -35.62% as of Mar. 2026.

Is Reach Subsea ASA's ROCE % too high?

Reach Subsea ASA's current ROCE % is -35.62%. Overall, Reach Subsea ASA has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Reach Subsea ASA's ROCE % compare to SLB and BKR?

Reach Subsea ASA's ROCE % of -35.62% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. 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 6.79, based on 977 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 Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reach Subsea ASA's current ROCE % is -35.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Reach Subsea ASA stock overvalued right now?

Based on GuruFocus' analysis, Reach Subsea ASA (OSL:REACH) is currently considered Modestly Undervalued. The stock's GF Value™ is kr6.36, compared to a current price of kr5.00 — trading 21.4% below its estimated fair value. The current ROCE % is -35.62%. Reach Subsea ASA's overall GF Score™ is 81/100 with 7 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 Reach Subsea ASA (OSL:REACH), the current ROCE % is -35.62% 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 Reach Subsea ASA (OSL:REACH) Overvalued in 2026?

Based on GuruFocus' analysis, Reach Subsea ASA stock appears to be undervalued. The current stock price of kr5.00 is trading 21.4% below its estimated GF Value™ of kr6.36. GuruFocus considers Reach Subsea ASA to be Modestly Undervalued.

Key valuation signals for OSL:REACH:

ROCE %: -35.62%
GF Value™: kr6.36 vs. price of kr5.00 (21.4% below fair value)
GF Score™: 81/100 with 7 warning signs

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

Reach Subsea ASA Business Description

Industry Energy Oil & Gas

Comparable Companies OSL:NORAM OSL:PRS OSL:JACK OSL:EIOF OSL:SDSD OSL:PSE OSL:MORLD OSL:EMGS OSL:AKAST OSL:SEA1 SLB BKR HAL MIL:TEN FTI SZSE:002353 OSL:SUBC MIL:SPM XPAR:GTT SHSE:601808

Other Exchanges REACHo:Sweden 0EMB:UK 4RS:Germany

Address Mollervegen 6, Haugesund, NOR, 5525

Website https://www.reachsubsea.no

Reach Subsea ASA is a Norwegian subsea service provider. The services provided by the company include vessel fleet which comprises of edda fonn which is used for survey and light construction services, havila subsea, normand reach for complex offshore operations, viking neptun for cable installation and heavy lifting, and stril explorer. It two reportable segments namely Oil and Gas and Renewable and others. The company generates maximum revenue from the Oil and Gas segment. Geographically, the company has operated multiple regions, including Brazil, the U.S Gulf, the Caribbean, the Atlantic, the Mediterranean, West Africa including Ivory Coast, the Baltic, the Middle East, and the Asia-Pacific region, covering Singapore, Taiwan, Japan, Australia and Oceania.

81GF Score

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