SalMar ASA (STU:JEP) ROCE %: 7.70% (As of Mar. 2026)


STU:JEP SalMar ASA STU:JEP
93 GF Score
Price €45.68
GF Value €56.57
Valuation Modestly Undervalued
! 5 Warning Signs
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What is SalMar ASA ROCE %?

SalMar ASA STU:JEP -3.34% 93 ROCE % is 7.70% as of Mar. 2026. GuruFocus rates STU:JEP with a GF Score™ of 93/100 and a GF Value™ of €56.57 (Modestly Undervalued). The stock has 5 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. SalMar ASA's annualized ROCE % for the quarter that ended in Mar. 2026 was 7.70%.

SalMar ASA  (STU:JEP) 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.

SalMar ASA ROCE % Related Terms

SalMar ASA ROCE % Historical Data

* Premium members only.

The historical data trend for SalMar 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.

SalMar ASA ROCE % Chart

SalMar 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 17.89 14.13 18.15 12.33 6.76

SalMar 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 -2.41 4.63 9.96 13.77 7.70
STU:JEP
93GF Score
SalMar ASA STU:JEP
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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SalMar ASA ROCE % Calculation

SalMar 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 )
=266.08/( ( (4632.947 - 880.407) + (4896.248 - 773.99) )/ 2 )
=266.08/( (3752.54+4122.258)/ 2 )
=266.08/3937.399
=6.76 %

SalMar 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 )
=314.524/( ( (4896.248 - 773.99) + (5095.911 - 1045.852) )/ 2 )
=314.524/( ( 4122.258 + 4050.059 )/ 2 )
=314.524/4086.1585
=7.70 %

(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 7.70% mean?
SalMar ASA (STU:JEP) has a ROCE % of 7.70% as of Mar. 2026.
Is SalMar ASA's ROCE % too high?
SalMar ASA's current ROCE % is 7.70%. The Consumer Packaged Goods industry median ROCE % is 8.78. SalMar ASA's value of 7.70% is 12.3% below this industry median. Overall, SalMar ASA has a GF Score™ of 93/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does SalMar ASA's ROCE % compare to ADM and BG?
SalMar ASA's ROCE % of 7.70% can be compared against companies in the Consumer Packaged Goods industry. The industry median ROCE % is 8.78. SalMar ASA's value of 7.70% is 12.3% 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 Consumer Packaged Goods company?
The median ROCE % among Consumer Packaged Goods companies is 8.78, based on 1,938 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. SalMar ASA's current ROCE % of 7.70% is 12.3% 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 Consumer Packaged Goods industry, the median ROCE % is 8.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SalMar ASA's current ROCE % is 7.70%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SalMar ASA stock overvalued right now?
Based on GuruFocus' analysis, SalMar ASA (STU:JEP) is currently considered Modestly Undervalued. The stock's GF Value™ is €56.57, compared to a current price of €45.68 — trading 19.3% below its estimated fair value. The current ROCE % is 7.70% and 12.3% below the Consumer Packaged Goods industry median of 8.78. SalMar ASA's overall GF Score™ is 93/100 with 5 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 SalMar ASA (STU:JEP), the current ROCE % is 7.70% 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 SalMar ASA (STU:JEP) Overvalued in 2026?

Based on GuruFocus' analysis, SalMar ASA stock appears to be undervalued. The current stock price of €45.68 is trading 19.3% below its estimated GF Value™ of €56.57. GuruFocus considers SalMar ASA to be Modestly Undervalued.

Key valuation signals for STU:JEP:

  • ROCE %: 7.70%
  • GF Value™: €56.57 vs. price of €45.68 (19.3% below fair value)
  • GF Score™: 93/100 with 5 warning signs
  • Industry Position: 12.3% below the Consumer Packaged Goods median

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

SalMar ASA Business Description

Address Industriveien 51, Kverva, NOR, 7266
SalMar ASA produces and sells farmed salmon internationally. It operates hatcheries and controls the farming at all stages until the fish are ready to be harvested, processed, and packaged into various products. Products are developed with new mixes and packing methods to make them more convenient for customers. The salmon are sold through an in-house salesforce and close partners of the company. Proximity to customers and tracking the use of resources play a factor in delivering the raw material.
93GF Score

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

€45.68
Price
€56.57
GF Value