ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Kongsberg Maritime ASA's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 47.29%.
As of today (2026-06-24), Kongsberg Maritime ASA's WACC % is 10.06%. Kongsberg Maritime ASA's ROIC % is 11.82% (calculated using TTM income statement data).
Kongsberg Maritime ASA generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.
There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.
Why is ROIC % important?
Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.
As of today, Kongsberg Maritime ASA's WACC % is 10.06%. Kongsberg Maritime ASA's ROIC % is 11.82% (calculated using TTM income statement data).
Kongsberg Maritime ASA generates higher returns on investment than it costs the company to raise the capital needed for that investment. It is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases.
Be Aware
Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
* 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.
Kongsberg Maritime ASA ROIC % Chart
Kongsberg Maritime ASA Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
ROIC %
0.00
7.09
11.72
11.82
Kongsberg Maritime ASA Quarterly Data
Dec22
Dec23
Dec24
Dec25
ROIC %
0.00
28.36
46.87
47.29
KMRRF vs : ROIC % Comparison
For the Aerospace & Defense subindustry, Kongsberg Maritime ASA's ROIC %, along with its competitors' market caps and ROIC % 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.
Kongsberg Maritime ASA ROIC % vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Kongsberg Maritime ASA's ROIC % distribution charts can be found below:
* The bar in red indicates where Kongsberg Maritime ASA's ROIC % falls into.
Note:
The Operating Income data used here is four times the quarterly (Dec. 2025) data.
The tax rate is limited to between 0% and 100%.
* 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.
Kongsberg Maritime ASA (KMRRF) has a ROIC % of 47.29% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Kongsberg Maritime ASA and its competitors.
Is Kongsberg Maritime ASA's ROIC % too high?
Kongsberg Maritime ASA's current ROIC % is 47.29%. The Aerospace & Defense industry median ROIC % is 4.45. Kongsberg Maritime ASA's value of 47.29% is 962.7% above this industry median. Overall, Kongsberg Maritime ASA has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Kongsberg Maritime ASA's ROIC % compare to ?
Kongsberg Maritime ASA's ROIC % of 47.29% can be compared against companies in the Aerospace & Defense industry. The industry median ROIC % is 4.45. Kongsberg Maritime ASA's value of 47.29% is 962.7% 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 ROIC % for an Aerospace & Defense company?
The median ROIC % among Aerospace & Defense companies is 4.45, based on 351 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kongsberg Maritime ASA's current ROIC % of 47.29% is 962.7% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Kongsberg Maritime ASA and its competitors. For the Aerospace & Defense industry, the median ROIC % is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kongsberg Maritime ASA's current ROIC % is 47.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kongsberg Maritime ASA stock overvalued right now?
Kongsberg Maritime ASA (KMRRF) has a current ROIC % of 47.29%. The current ROIC % is 47.29% and 962.7% above the Aerospace & Defense industry median of 4.45. Kongsberg Maritime ASA's overall GF Score™ is 20/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Kongsberg Maritime ASA (KMRRF), the current ROIC % is 47.29% as of Dec. 2025. 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.
Kongsberg Maritime ASA provides maritime technology solutions focused on safety, operational efficiency, and sustainability. Its offerings include automation, digitalisation, and integrated systems designed to support the needs of maritime customers across various applications. The company serves many segments including Cargo, Fisheries & Aquaculture, Naval & Coast Guard, Offshore Oil & Gas, Offshore Wind, Passenger vessels, and Research Workboats.
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