HAV Group ASA (OSL:HAV) ROE % Adjusted to Book Value: 5.59% (As of Mar. 2026)


OSL:HAV HAV Group ASA OSL:HAV
63 GF Score
Price kr13.50
GF Value kr12.47
Valuation Fairly Valued
! 4 Warning Signs
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What is HAV Group ASA ROE % Adjusted to Book Value?

HAV Group ASA OSL:HAV 63 ROE % Adjusted to Book Value is 5.59% as of Mar. 2026. GuruFocus rates OSL:HAV with a GF Score™ of 63/100 and a GF Value™ of kr12.47 (Fairly Valued). The stock has 4 warning signs investors should review.

HAV Group ASA's ROE % for the quarter that ended in Mar. 2026 was 19.50%. HAV Group ASA's PB Ratio for the quarter that ended in Mar. 2026 was 3.49. HAV Group ASA's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 was 5.59%.


HAV Group ASA ROE % Adjusted to Book Value Related Terms


HAV Group ASA ROE % Adjusted to Book Value Historical Data

* Premium members only.

The historical data trend for HAV Group ASA's ROE % Adjusted to Book Value 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.

HAV Group ASA ROE % Adjusted to Book Value Chart

HAV Group ASA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE % Adjusted to Book Value
Get a 7-Day Free Trial Premium Member Only 23.77 -0.14 -1.31 -13.85 0.69

HAV Group ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Adjusted to Book Value 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 -3.90 3.12 -6.85 19.38 5.59

HAV Group ASA ROE % Adjusted to Book Value Competitor Comparison

For the Marine Shipping subindustry, HAV Group ASA's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


HAV Group ASA ROE % Adjusted to Book Value vs Transportation Industry

For the Transportation industry and Industrials sector, HAV Group ASA's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where HAV Group ASA's ROE % Adjusted to Book Value falls into.


OSL:HAV
63GF Score
HAV Group ASA OSL:HAV
ROE % Adjusted to Book Value is just one metric. See GF Score™, valuation, warning signs, and more.
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HAV Group ASA ROE % Adjusted to Book Value Calculation

HAV Group ASA's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2025 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=1.55% / 2.24
=0.69%

HAV Group ASA's ROE % Adjusted to Book Value for the quarter that ended in Mar. 2026 is calculated as

ROE % Adjusted to Book Value=ROE % / PB Ratio
=19.50% / 3.49
=5.59%

* 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.

What does a ROE % Adjusted to Book Value of 5.59% mean?
HAV Group ASA (OSL:HAV) has a ROE % Adjusted to Book Value of 5.59% as of Mar. 2026. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on HAV Group ASA and its competitors.
Is HAV Group ASA's ROE % Adjusted to Book Value too high?
HAV Group ASA's current ROE % Adjusted to Book Value is 5.59%. Overall, HAV Group ASA has a GF Score™ of 63/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does HAV Group ASA's ROE % Adjusted to Book Value compare to competitors?
HAV Group ASA's ROE % Adjusted to Book Value of 5.59% can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % Adjusted to Book Value for a Transportation company?
A good ROE % Adjusted to Book Value depends on the Transportation industry context. However, ROE % Adjusted to Book Value 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 ROE % Adjusted to Book Value mean?
A high ROE % Adjusted to Book Value can signal that a stock is expensive relative to its fundamentals. Return on equity adjusted to book is the ratio of return on equity to price-book ratio. View historical data on HAV Group ASA and its competitors. HAV Group ASA's current ROE % Adjusted to Book Value is 5.59%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HAV Group ASA stock overvalued right now?
Based on GuruFocus' analysis, HAV Group ASA (OSL:HAV) is currently considered Fairly Valued. The stock's GF Value™ is kr12.47, compared to a current price of kr13.50 — trading 8.3% above its estimated fair value. The current ROE % Adjusted to Book Value is 5.59%. HAV Group ASA's overall GF Score™ is 63/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % Adjusted to Book Value calculated?
ROE % Adjusted to Book Value is calculated from a company's financial statements. For HAV Group ASA (OSL:HAV), the current ROE % Adjusted to Book Value is 5.59% 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 HAV Group ASA (OSL:HAV) Overvalued in 2026?

Based on GuruFocus' analysis, HAV Group ASA stock appears to be overvalued. The current stock price of kr13.50 is trading 8.3% above its estimated GF Value™ of kr12.47. GuruFocus considers HAV Group ASA to be Fairly Valued.

Key valuation signals for OSL:HAV:

  • ROE % Adjusted to Book Value: 5.59%
  • GF Value™: kr12.47 vs. price of kr13.50 (8.3% above fair value)
  • GF Score™: 63/100 with 4 warning signs

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


HAV Group ASA Business Description

Other Exchanges 6HH:Germany
Address Holmefjordvegen 1, Fosnavag, NOR, 6090
HAV Group ASA is a provider of solutions and technology to the marine and maritime industries. The group's vision is to contribute to the green shift through solutions and high-end products for the ocean industries. The Group's main activities are: HAV Design, i.e., providing ship design and system packages for offshore, transport, and fishing vessels; Norwegian Electric Systems, i.e., specializing in design, engineering, and installation of electric systems and delivery of control and automation systems for ships; Norwegian Greentech, i.e., specializing in the delivery of ballast water treatment systems. HAV Hydrogen, i.e., delivers complete and scalable hydrogen systems that are designed for operation in heavy seas. Other/Elimination includes intercompany and the mother company.
63GF Score

Get the complete analysis for OSL:HAV

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

kr13.50
Price
kr12.47
GF Value