ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. NRC Group ASA's annualized net income for the quarter that ended in Mar. 2026 was kr-136 Mil. NRC Group ASA's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr1,729 Mil. Therefore, NRC Group ASA's annualized ROE % for the quarter that ended in Mar. 2026 was -7.87%.
The historical rank and industry rank for NRC Group ASA's ROE % or its related term are showing as below:
OSL:NRC'
s ROE % Range Over the Past 10 Years
Min: -48.31 Med: -0.97 Max: 13.16
Current: 1.86
During the past 13 years, NRC Group ASA's highest ROE % was 13.16%. The lowest was -48.31%. And the median was -0.97%.
OSL:NRC's ROE % is ranked worse than 76.89% of 991
companies
in the Transportation industry
Industry Median: 7.62
vs OSL:NRC: 1.86
NRC Group ASA (OSL:NRC) 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:
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.
NRC Group ASA ROE % Related Terms
NRC Group ASA ROE % Historical Data
* Premium members only.
The historical data trend for NRC Group ASA'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.
For the Railroads subindustry, NRC Group ASA'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.
NRC Group ASA ROE % vs Transportation Industry
For the Transportation industry and Industrials sector, NRC Group ASA's ROE % distribution charts can be found below:
* The bar in red indicates where NRC Group ASA's ROE % falls into.
* 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.
NRC Group ASA (OSL:NRC) has a ROE % of -7.87% 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 NRC Group ASA and its competitors. According to the industry distribution chart, NRC Group ASA ranks #762 out of 991 companies in the Transportation industry, placing it in the top 76.9%.
Is NRC Group ASA's ROE % too high?
NRC Group ASA's current ROE % is -7.87%. Based on the distribution chart, NRC Group ASA ranks #762 out of 991 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, NRC Group ASA has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NRC Group ASA's ROE % compare to UNP and CSX?
According to the Transportation industry distribution chart, NRC Group ASA ranks #762 out of 991 companies for ROE %. This places NRC Group ASA in the lower half of its industry. The industry median ROE % is 7.62. 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 Transportation company?
The median ROE % among Transportation companies is 7.62, based on 991 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. 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 NRC Group ASA and its competitors. For the Transportation industry, the median ROE % is 7.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NRC Group ASA's current ROE % is -7.87%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NRC Group ASA stock overvalued right now?
Based on GuruFocus' analysis, NRC Group ASA (OSL:NRC) is currently considered Significantly Overvalued. The stock's GF Value™ is kr4.13, compared to a current price of kr7.90 — trading 91.3% above its estimated fair value. The current ROE % is -7.87%. NRC Group ASA's overall GF Score™ is 57/100 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 NRC Group ASA (OSL:NRC), the current ROE % is -7.87% 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 NRC Group ASA (OSL:NRC) Overvalued in 2026?
Based on GuruFocus' analysis, NRC Group ASA stock appears to be overvalued.
The current stock price of kr7.90 is trading 91.3% above its estimated GF Value™ of kr4.13.
GuruFocus considers NRC Group ASA to be Significantly Overvalued.
Key valuation signals for OSL:NRC:
ROE %: -7.87%
GF Value™: kr4.13 vs. price of kr7.90 (91.3% above fair value)
No single metric tells the full story. See the OSL:NRC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NRC Group ASA is a contractor of rail infrastructure. It particularly focused on railway construction and maintenance, but is also a supplier of other civil infrastructure. Its services include Ground work, Concrete work, signaling systems, Electro, Catenary systems, Tracks, station terminals, Demolition, Mass transportation, and Renewable Energy Services. It has three operating segments based on its geography: Norway, Sweden, and Finland. Norway consist two operating divisions: Rail construction and civil construction; Sweden consist three operating divisions: Rail construction, Rail maintenance, and Civil construction; and Finland consist four operating divisions: Rail construction, including Light rail, Rail maintenance, Civil construction, and Materials.
57GF Score
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