EAM Solar AS (OSL:EAM) ROE %: 343.93% (As of Mar. 2026)


OSL:EAM EAM Solar AS OSL:EAM
29 GF Score
Price kr0.74
GF Value kr0.54
Valuation Significantly Overvalued
! 6 Warning Signs
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What is EAM Solar AS ROE %?

EAM Solar AS OSL:EAM -3.66% 29 ROE % is 343.93% as of Mar. 2026. GuruFocus rates OSL:EAM with a GF Score™ of 29/100 and a GF Value™ of kr0.54 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 433 Utilities - Independent Power Producers companies, EAM Solar AS ranks better than 98.61% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. EAM Solar AS's annualized net income for the quarter that ended in Mar. 2026 was kr88.08 Mil. EAM Solar AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr25.61 Mil. Therefore, EAM Solar AS's annualized ROE % for the quarter that ended in Mar. 2026 was 343.93%.

The historical rank and industry rank for EAM Solar AS's ROE % or its related term are showing as below:

OSL:EAM' s ROE % Range Over the Past 10 Years
Min: -104.38   Med: -44.75   Max: 87.83
Current: 87.83

During the past 13 years, EAM Solar AS's highest ROE % was 87.83%. The lowest was -104.38%. And the median was -44.75%.

OSL:EAM's ROE % is ranked better than
98.61% of 433 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.8 vs OSL:EAM: 87.83

EAM Solar AS  (OSL:EAM) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=88.076/25.609
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(88.076 / 9.736)*(9.736 / 142.1225)*(142.1225 / 25.609)
=Net Margin %*Asset Turnover*Equity Multiplier
=904.64 %*0.0685*5.5497
=ROA %*Equity Multiplier
=61.97 %*5.5497
=343.93 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=88.076/25.609
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (88.076 / 89.416) * (89.416 / -8.22) * (-8.22 / 9.736) * (9.736 / 142.1225) * (142.1225 / 25.609)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.985 * -10.8779 * -84.43 % * 0.0685 * 5.5497
=343.93 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


EAM Solar AS ROE % Related Terms


EAM Solar AS ROE % Historical Data

* Premium members only.

The historical data trend for EAM Solar AS's ROE % 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.

EAM Solar AS ROE % Chart

EAM Solar AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -44.75 -42.30 -45.92 -93.52 -104.38

EAM Solar AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 -168.77 -61.73 -11.25 -178.35 343.93

EAM Solar AS ROE % Competitor Comparison

For the Utilities - Renewable subindustry, EAM Solar AS's ROE %, along with its competitors' market caps and ROE % 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.


EAM Solar AS ROE % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, EAM Solar AS's ROE % distribution charts can be found below:

* The bar in red indicates where EAM Solar AS's ROE % falls into.


OSL:EAM
29GF Score
EAM Solar AS OSL:EAM
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

EAM Solar AS ROE % Calculation

EAM Solar AS's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-13.503/( (12.842+13.03)/ 2 )
=-13.503/12.936
=-104.38 %

EAM Solar AS's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=88.076/( (13.03+38.188)/ 2 )
=88.076/25.609
=343.93 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 343.93% mean?
EAM Solar AS (OSL:EAM) has a ROE % of 343.93% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on EAM Solar AS and its competitors. According to the industry distribution chart, EAM Solar AS ranks #6 out of 433 companies in the Utilities - Independent Power Producers industry, placing it in the top 1.4%.
Is EAM Solar AS's ROE % too high?
EAM Solar AS's current ROE % is 343.93%. The Utilities - Independent Power Producers industry median ROE % is 3.80. EAM Solar AS's value of 343.93% is 8950.8% above this industry median. Based on the distribution chart, EAM Solar AS ranks #6 out of 433 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, EAM Solar AS has a GF Score™ of 29/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does EAM Solar AS's ROE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, EAM Solar AS ranks #6 out of 433 companies for ROE %. This places EAM Solar AS in the top 1% of its industry — outperforming the majority of peers. The industry median ROE % is 3.80. EAM Solar AS's value of 343.93% is 8950.8% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Utilities - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.80, based on 433 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. EAM Solar AS's current ROE % of 343.93% is 8950.8% above 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on EAM Solar AS and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EAM Solar AS's current ROE % is 343.93%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EAM Solar AS stock overvalued right now?
Based on GuruFocus' analysis, EAM Solar AS (OSL:EAM) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.54, compared to a current price of kr0.74 — trading 36.7% above its estimated fair value. The current ROE % is 343.93% and 8950.8% above the Utilities - Independent Power Producers industry median of 3.80. EAM Solar AS's overall GF Score™ is 29/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For EAM Solar AS (OSL:EAM), the current ROE % is 343.93% 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 EAM Solar AS (OSL:EAM) Overvalued in 2026?

Based on GuruFocus' analysis, EAM Solar AS stock appears to be overvalued. The current stock price of kr0.74 is trading 36.7% above its estimated GF Value™ of kr0.54. GuruFocus considers EAM Solar AS to be Significantly Overvalued.

Key valuation signals for OSL:EAM:

  • ROE %: 343.93%
  • GF Value™: kr0.54 vs. price of kr0.74 (36.7% above fair value)
  • GF Score™: 29/100 with 6 warning signs
  • Industry Position: 8950.8% above the Utilities - Independent Power Producers median (#6 of 433)

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


EAM Solar AS Business Description

Other Exchanges 0QDW:UKEA20:Germany
Address Karenslyst Alle 10, Oslo, NOR, 0278
EAM Solar AS primary business is to own solar PV power plants and sell electricity under long-term fixed-price sales contracts, and to pursue legal proceedings to restore company values. The Company's primary assets include four solar PV power plants in Italy, in the regions of Apulia and Basilicata in Southern Italy.
29GF Score

Get the complete analysis for OSL:EAM

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

kr0.74
Price
kr0.54
GF Value