Nordic Aqua Partners AS (OSL:NOAP) ROE %: 9.40% (As of Mar. 2026)


OSL:NOAP Nordic Aqua Partners AS OSL:NOAP
25 GF Score
Price kr79.00
! 3 Warning Signs
View Full Analysis

What is Nordic Aqua Partners AS ROE %?

Nordic Aqua Partners AS OSL:NOAP +0.77% 25 ROE % is 9.40% as of Mar. 2026. GuruFocus rates OSL:NOAP with a GF Score™ of 25/100. The stock has 3 warning signs investors should review. Among 1,916 Consumer Packaged Goods companies, Nordic Aqua Partners AS ranks worse than 87.47% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Nordic Aqua Partners AS's annualized net income for the quarter that ended in Mar. 2026 was kr98.6 Mil. Nordic Aqua Partners AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr1,049.1 Mil. Therefore, Nordic Aqua Partners AS's annualized ROE % for the quarter that ended in Mar. 2026 was 9.40%.

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

OSL:NOAP' s ROE % Range Over the Past 10 Years
Min: -136.3   Med: -18.62   Max: -6.63
Current: -12.69

During the past 9 years, Nordic Aqua Partners AS's highest ROE % was -6.63%. The lowest was -136.30%. And the median was -18.62%.

OSL:NOAP's ROE % is ranked worse than
87.47% of 1916 companies
in the Consumer Packaged Goods industry
Industry Median: 6.72 vs OSL:NOAP: -12.69

Nordic Aqua Partners AS  (OSL:NOAP) 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
=98.572/1049.061
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(98.572 / 268.34)*(268.34 / 2102.8845)*(2102.8845 / 1049.061)
=Net Margin %*Asset Turnover*Equity Multiplier
=36.73 %*0.1276*2.0045
=ROA %*Equity Multiplier
=4.69 %*2.0045
=9.40 %

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
=98.572/1049.061
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (98.572 / 161.996) * (161.996 / 162.712) * (162.712 / 268.34) * (268.34 / 2102.8845) * (2102.8845 / 1049.061)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6085 * 0.9956 * 60.64 % * 0.1276 * 2.0045
=9.40 %

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.


Nordic Aqua Partners AS ROE % Related Terms


Nordic Aqua Partners AS ROE % Historical Data

* Premium members only.

The historical data trend for Nordic Aqua Partners 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.

Nordic Aqua Partners AS ROE % Chart

Nordic Aqua Partners AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only -6.63 -10.93 -14.04 -21.96 -18.62

Nordic Aqua Partners 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 -20.07 -53.59 -14.80 1.84 9.40

OSL:NOAP vs ADM, BG, TSN: ROE % Comparison

For the Farm Products subindustry, Nordic Aqua Partners 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.


Nordic Aqua Partners AS ROE % vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Nordic Aqua Partners AS's ROE % distribution charts can be found below:

* The bar in red indicates where Nordic Aqua Partners AS's ROE % falls into.


OSL:NOAP
25GF Score
Nordic Aqua Partners AS OSL:NOAP
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nordic Aqua Partners AS ROE % Calculation

Nordic Aqua Partners 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 )
=-193.203/( (1020.786+1053.899)/ 2 )
=-193.203/1037.3425
=-18.62 %

Nordic Aqua Partners 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 )
=98.572/( (1053.899+1044.223)/ 2 )
=98.572/1049.061
=9.40 %

* 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 9.40% mean?
Nordic Aqua Partners AS (OSL:NOAP) has a ROE % of 9.40% 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 Nordic Aqua Partners AS and its competitors. According to the industry distribution chart, Nordic Aqua Partners AS ranks #1676 out of 1916 companies in the Consumer Packaged Goods industry, placing it in the top 87.5%.
Is Nordic Aqua Partners AS's ROE % too high?
Nordic Aqua Partners AS's current ROE % is 9.40%. The Consumer Packaged Goods industry median ROE % is 6.72. Nordic Aqua Partners AS's value of 9.40% is 39.9% above this industry median. Based on the distribution chart, Nordic Aqua Partners AS ranks #1676 out of 1916 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Nordic Aqua Partners AS has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Nordic Aqua Partners AS's ROE % compare to ADM and BG?
According to the Consumer Packaged Goods industry distribution chart, Nordic Aqua Partners AS ranks #1676 out of 1916 companies for ROE %. This places Nordic Aqua Partners AS in the lower half of its industry. The industry median ROE % is 6.72. Nordic Aqua Partners AS's value of 9.40% is 39.9% 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 a Consumer Packaged Goods company?
The median ROE % among Consumer Packaged Goods companies is 6.72, based on 1,916 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. Nordic Aqua Partners AS's current ROE % of 9.40% is 39.9% 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 Nordic Aqua Partners AS and its competitors. For the Consumer Packaged Goods industry, the median ROE % is 6.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nordic Aqua Partners AS's current ROE % is 9.40%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nordic Aqua Partners AS stock overvalued right now?
Nordic Aqua Partners AS (OSL:NOAP) has a current ROE % of 9.40%. The current ROE % is 9.40% and 39.9% above the Consumer Packaged Goods industry median of 6.72. Nordic Aqua Partners AS's overall GF Score™ is 25/100 with 3 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 Nordic Aqua Partners AS (OSL:NOAP), the current ROE % is 9.40% 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.

Nordic Aqua Partners AS Business Description

Address C. J. Hambros plass 2c, Oslo, NOR, 0164
Nordic Aqua Partners AS operates in the seafood industry. The company is a land-based Atlantic Salmon farming company, using technology and expertise to set up the first fully integrated and commercially scaled Recirculating Aquaculture System ("RAS") farm for Atlantic Salmon in China. The company's planning is to deliver fresh and locally farmed Atlantic Salmon to China.
25GF Score

Get the complete analysis for OSL:NOAP

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

kr79.00
Price