SMOPF (Smartoptics Group ASA) ROCE %: 5.50% (As of Mar. 2026)


SMOPF Smartoptics Group ASA SMOPF
89 GF Score
Price $5.15
GF Value $3.04
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Smartoptics Group ASA ROCE %?

Smartoptics Group ASA SMOPF +0.63% 89 ROCE % is 5.50% as of Mar. 2026. GuruFocus rates SMOPF with a GF Score™ of 89/100 and a GF Value™ of $3.04 (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. Smartoptics Group ASA's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.50%.

Smartoptics Group ASA  (OTCPK:SMOPF) 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.

Smartoptics Group ASA ROCE % Related Terms

Smartoptics Group ASA ROCE % Historical Data

* Premium members only.

The historical data trend for Smartoptics Group 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.

Smartoptics Group ASA ROCE % Chart

Smartoptics Group ASA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 20.47 29.90 28.74 16.28 17.71

Smartoptics Group 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 1.93 14.71 19.68 40.66 5.50
SMOPF
89GF Score
Smartoptics Group ASA SMOPF
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Smartoptics Group ASA ROCE % Calculation

Smartoptics Group 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 )
=6.23/( ( (48.906 - 14.697) + (56.115 - 19.985) )/ 2 )
=6.23/( (34.209+36.13)/ 2 )
=6.23/35.1695
=17.71 %

Smartoptics Group 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 )
=2.052/( ( (56.115 - 19.985) + (56.771 - 18.256) )/ 2 )
=2.052/( ( 36.13 + 38.515 )/ 2 )
=2.052/37.3225
=5.50 %

(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 5.50% mean?
Smartoptics Group ASA (SMOPF) has a ROCE % of 5.50% as of Mar. 2026.
Is Smartoptics Group ASA's ROCE % too high?
Smartoptics Group ASA's current ROCE % is 5.50%. The Hardware industry median ROCE % is 5.81. Smartoptics Group ASA's value of 5.50% is 5.3% below this industry median. Overall, Smartoptics Group ASA has a GF Score™ of 89/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Smartoptics Group ASA's ROCE % compare to CSCO and CIEN?
Smartoptics Group ASA's ROCE % of 5.50% can be compared against companies in the Hardware industry. The industry median ROCE % is 5.81. Smartoptics Group ASA's value of 5.50% is 5.3% below 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 Hardware company?
The median ROCE % among Hardware companies is 5.81, based on 2,449 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. Smartoptics Group ASA's current ROCE % of 5.50% is 5.3% below 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 Hardware industry, the median ROCE % is 5.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smartoptics Group ASA's current ROCE % is 5.50%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smartoptics Group ASA stock overvalued right now?
Based on GuruFocus' analysis, Smartoptics Group ASA (SMOPF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.04, compared to a current price of $5.15 — trading 69.4% above its estimated fair value. The current ROCE % is 5.50% and 5.3% below the Hardware industry median of 5.81. Smartoptics Group ASA's overall GF Score™ is 89/100 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 Smartoptics Group ASA (SMOPF), the current ROCE % is 5.50% 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 Smartoptics Group ASA (SMOPF) Overvalued in 2026?

Based on GuruFocus' analysis, Smartoptics Group ASA stock appears to be overvalued. The current stock price of $5.15 is trading 69.4% above its estimated GF Value™ of $3.04. GuruFocus considers Smartoptics Group ASA to be Significantly Overvalued.

Key valuation signals for SMOPF:

  • ROCE %: 5.50%
  • GF Value™: $3.04 vs. price of $5.15 (69.4% above fair value)
  • GF Score™: 89/100 with 2 warning signs
  • Industry Position: 5.3% below the Hardware median

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

Smartoptics Group ASA Business Description

Address Brynsalleen 2, Oslo, NOR, 0667
Smartoptics Group ASA provides optical networking solutions and devices for open networking. The company has three main product categories: Solutions, Optical Devices, and Software & Services. These products are used to construct various Enterprise, Governmental, DCI, Metro, and Regional networks. The Solutions consist of the DCP-R family, DCP-F family, DCP-M family, transponders, and Muxponders, as well as transceivers used in connection with the System projects. Optical devices consist of transceivers, passive filters, and accessories that are sold independently of products in the Solutions offering. Software and Services are closely related to Solutions, as customers buy a complete solution including a Software and Services package. Geographically works in America, EMEA, and APAC.
89GF Score

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

$5.15
Price
$3.04
GF Value