Zenith Energy (OSL:ZENA) ROCE %: -23.14% (As of Mar. 2026)


OSL:ZENA Zenith Energy Ltd OSL:ZENA
28 GF Score
Price kr0.57
GF Value kr0.25
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Zenith Energy ROCE %?

Zenith Energy OSL:ZENA -7.28% 28 ROCE % is -23.14% as of Mar. 2026. GuruFocus rates OSL:ZENA with a GF Score™ of 28/100 and a GF Value™ of kr0.25 (Significantly Overvalued). The stock has 6 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. Zenith Energy's annualized ROCE % for the quarter that ended in Mar. 2026 was -23.14%.

Zenith Energy  (OSL:ZENA) 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.

Zenith Energy ROCE % Related Terms

Zenith Energy ROCE % Historical Data

* Premium members only.

The historical data trend for Zenith Energy'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.

Zenith Energy ROCE % Chart

Zenith Energy Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.44 -4.31 -21.30 2.65 -7.87

Zenith Energy Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -32.59 13.21 -6.94 8.32 -23.14
OSL:ZENA
28GF Score
Zenith Energy Ltd OSL:ZENA
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Zenith Energy ROCE % Calculation

Zenith Energy's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=-91.855/( ( (1225.174 - 171.159) + (1391.169 - 112.214) )/ 2 )
=-91.855/( (1054.015+1278.955)/ 2 )
=-91.855/1166.485
=-7.87 %

Zenith Energy'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: Sep. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Sep. 2025 )(Q: Mar. 2026 )
=-269.484/( ( (1284.898 - 234.648) + (1391.169 - 112.214) )/ 2 )
=-269.484/( ( 1050.25 + 1278.955 )/ 2 )
=-269.484/1164.6025
=-23.14 %

(1) Note: The EBIT data used here is two times the semi-annual (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 -23.14% mean?
Zenith Energy (OSL:ZENA) has a ROCE % of -23.14% as of Mar. 2026.
Is Zenith Energy's ROCE % too high?
Zenith Energy's current ROCE % is -23.14%. Overall, Zenith Energy has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Zenith Energy's ROCE % compare to COP and EOG?
Zenith Energy's ROCE % of -23.14% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.85. 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 6.85, based on 981 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 6.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Energy's current ROCE % is -23.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Energy stock overvalued right now?
Based on GuruFocus' analysis, Zenith Energy (OSL:ZENA) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.25, compared to a current price of kr0.57 — trading 129.2% above its estimated fair value. The current ROCE % is -23.14%. Zenith Energy's overall GF Score™ is 28/100 with 6 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 Zenith Energy (OSL:ZENA), the current ROCE % is -23.14% 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 Zenith Energy (OSL:ZENA) Overvalued in 2026?

Based on GuruFocus' analysis, Zenith Energy stock appears to be overvalued. The current stock price of kr0.57 is trading 129.2% above its estimated GF Value™ of kr0.25. GuruFocus considers Zenith Energy to be Significantly Overvalued.

Key valuation signals for OSL:ZENA:

  • ROCE %: -23.14%
  • GF Value™: kr0.25 vs. price of kr0.57 (129.2% above fair value)
  • GF Score™: 28/100 with 6 warning signs

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

Zenith Energy Business Description

Industry EnergyOil & Gas
Address 850 2nd Street, 15th Floor, Bankers Court, Calgary, AB, CAN, T2P 4K9
Zenith Energy Ltd is an international independent oil and gas company with production, exploration, and development assets in the Republic of the Congo, Italy, and Tunisia. The company's strategic focus is the development of revenue-generating oil production assets, as well as low-risk exploration activities in assets with existing production. Its segments are Italy, Tunisia and Others.
28GF Score

Get the complete analysis for OSL:ZENA

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

kr0.57
Price
kr0.25
GF Value