Ocean Sun AS (OSL:OSUN) ROE %: -183.67% (As of Mar. 2026)


OSL:OSUN Ocean Sun AS OSL:OSUN
62 GF Score
Price kr0.52
GF Value kr1.22
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ocean Sun AS ROE %?

Ocean Sun AS OSL:OSUN 62 ROE % is -183.67% as of Mar. 2026. GuruFocus rates OSL:OSUN with a GF Score™ of 62/100 and a GF Value™ of kr1.22 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 433 Utilities - Independent Power Producers companies, Ocean Sun AS ranks worse than 97.69% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Ocean Sun AS's annualized net income for the quarter that ended in Mar. 2026 was kr-25.74 Mil. Ocean Sun AS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was kr14.02 Mil. Therefore, Ocean Sun AS's annualized ROE % for the quarter that ended in Mar. 2026 was -183.67%.

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

OSL:OSUN' s ROE % Range Over the Past 10 Years
Min: -132.59   Med: -32.47   Max: -18.63
Current: -132.59

During the past 9 years, Ocean Sun AS's highest ROE % was -18.63%. The lowest was -132.59%. And the median was -32.47%.

OSL:OSUN's ROE % is ranked worse than
97.69% of 433 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.8 vs OSL:OSUN: -132.59

Ocean Sun AS  (OSL:OSUN) 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
=-25.744/14.0165
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-25.744 / 0.168)*(0.168 / 20.883)*(20.883 / 14.0165)
=Net Margin %*Asset Turnover*Equity Multiplier
=-15323.81 %*0.008*1.4899
=ROA %*Equity Multiplier
=-122.59 %*1.4899
=-183.67 %

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
=-25.744/14.0165
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-25.744 / -25.74) * (-25.74 / -26.028) * (-26.028 / 0.168) * (0.168 / 20.883) * (20.883 / 14.0165)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1.0002 * 0.9889 * -15492.86 % * 0.008 * 1.4899
=-183.67 %

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.


Ocean Sun AS ROE % Related Terms


Ocean Sun AS ROE % Historical Data

* Premium members only.

The historical data trend for Ocean Sun 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.

Ocean Sun AS ROE % Chart

Ocean Sun AS Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only -20.72 -25.15 -34.47 -46.19 -90.56

Ocean Sun 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 -80.31 -87.53 -165.22 -118.76 -183.67

Ocean Sun AS ROE % Competitor Comparison

For the Utilities - Renewable subindustry, Ocean Sun 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.


Ocean Sun AS ROE % vs Utilities - Independent Power Producers Industry

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

* The bar in red indicates where Ocean Sun AS's ROE % falls into.


OSL:OSUN
62GF Score
Ocean Sun AS OSL:OSUN
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ocean Sun AS ROE % Calculation

Ocean Sun 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 )
=-20.593/( (28.305+17.174)/ 2 )
=-20.593/22.7395
=-90.56 %

Ocean Sun 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 )
=-25.744/( (17.174+10.859)/ 2 )
=-25.744/14.0165
=-183.67 %

* 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 -183.67% mean?
Ocean Sun AS (OSL:OSUN) has a ROE % of -183.67% 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 Ocean Sun AS and its competitors. According to the industry distribution chart, Ocean Sun AS ranks #423 out of 433 companies in the Utilities - Independent Power Producers industry, placing it in the top 97.7%.
Is Ocean Sun AS's ROE % too high?
Ocean Sun AS's current ROE % is -183.67%. Based on the distribution chart, Ocean Sun AS ranks #423 out of 433 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Ocean Sun AS has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ocean Sun AS's ROE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ocean Sun AS ranks #423 out of 433 companies for ROE %. This places Ocean Sun AS in the lower half of its industry. The industry median ROE % is 3.80. 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. 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 Ocean Sun 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. Ocean Sun AS's current ROE % is -183.67%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Sun AS stock overvalued right now?
Based on GuruFocus' analysis, Ocean Sun AS (OSL:OSUN) is currently considered Possible Value Trap. The stock's GF Value™ is kr1.22, compared to a current price of kr0.52 — trading 57.4% below its estimated fair value. The current ROE % is -183.67%. Ocean Sun AS's overall GF Score™ is 62/100 with 5 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 Ocean Sun AS (OSL:OSUN), the current ROE % is -183.67% 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 Ocean Sun AS (OSL:OSUN) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Sun AS stock appears to be undervalued. The current stock price of kr0.52 is trading 57.4% below its estimated GF Value™ of kr1.22. GuruFocus considers Ocean Sun AS to be Possible Value Trap.

Key valuation signals for OSL:OSUN:

  • ROE %: -183.67%
  • GF Value™: kr1.22 vs. price of kr0.52 (57.4% below fair value)
  • GF Score™: 62/100 with 5 warning signs

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


Ocean Sun AS Business Description

Other Exchanges OW7:Germany
Address Vollsveien 4, Lysaker, NOR, 1366
Ocean Sun AS manufactures and distributes floating solar power production systems. The company operates as a technology provider, offering license agreements to developers and independent power producers across the world. Its Ocean Sun systems (OS-75 and OS-50) consist of one or multiple floaters anchored side-by-side to build larger power plants. The company's technology is used in various floating solar power production projects, including Alida, Siera Brava, Haiyang (offshore), and Soneva Secret, among others. Geographically, it generates maximum revenue from Europe and Middle East, followed by North East Asia (including China), South East Asia, and the Americas.
62GF Score

Get the complete analysis for OSL:OSUN

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

kr0.52
Price
kr1.22
GF Value