Eidesvik Offshore ASA (OSL:EIOF) ROIC %: 1.22% (As of Mar. 2026)


OSL:EIOF Eidesvik Offshore ASA OSL:EIOF
75 GF Score
Price kr15.00
GF Value kr14.42
Valuation Fairly Valued
! 6 Warning Signs
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What is Eidesvik Offshore ASA ROIC %?

Eidesvik Offshore ASA OSL:EIOF +3.45% 75 ROIC % is 1.22% as of Mar. 2026. GuruFocus rates OSL:EIOF with a GF Score™ of 75/100 and a GF Value™ of kr14.42 (Fairly Valued). The stock has 6 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Eidesvik Offshore ASA's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 1.22%.

As of today (2026-06-27), Eidesvik Offshore ASA's WACC % is 6.77%. Eidesvik Offshore ASA's ROIC % is 2.96% (calculated using TTM income statement data). Eidesvik Offshore ASA earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Eidesvik Offshore ASA  (OSL:EIOF) ROIC % Explanation

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, Eidesvik Offshore ASA's WACC % is 6.77%. Eidesvik Offshore ASA's ROIC % is 2.96% (calculated using TTM income statement data). Eidesvik Offshore ASA earns returns that do not match up to its cost of capital. It will destroy value as it grows.


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.


Eidesvik Offshore ASA ROIC % Related Terms


Eidesvik Offshore ASA ROIC % Historical Data

* Premium members only.

The historical data trend for Eidesvik Offshore ASA's ROIC % 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.

Eidesvik Offshore ASA ROIC % Chart

Eidesvik Offshore ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.94 2.69 4.13 4.38 3.55

Eidesvik Offshore ASA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 3.59 4.15 5.54 1.31 1.22

OSL:EIOF vs SLB, BKR, HAL: ROIC % Comparison

For the Oil & Gas Equipment & Services subindustry, Eidesvik Offshore 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.


Eidesvik Offshore ASA ROIC % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Eidesvik Offshore ASA's ROIC % distribution charts can be found below:

* The bar in red indicates where Eidesvik Offshore ASA's ROIC % falls into.


OSL:EIOF
75GF Score
Eidesvik Offshore ASA OSL:EIOF
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Eidesvik Offshore ASA ROIC % Calculation

Eidesvik Offshore ASA's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=105.292 * ( 1 - 0% )/( (2581.2 + 3352.355)/ 2 )
=105.292/2966.7775
=3.55 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=2937.349 - 81.049 - ( 324.477 - max(0, 346.512 - 621.612+324.477))
=2581.2

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3683.101 - 82.825 - ( 281.89 - max(0, 369.826 - 617.747+281.89))
=3352.355

Eidesvik Offshore ASA's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=41.272 * ( 1 - 0% )/( (3352.355 + 3421.489)/ 2 )
=41.272/3386.922
=1.22 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3683.101 - 82.825 - ( 281.89 - max(0, 369.826 - 617.747+281.89))
=3352.355

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=3695.321 - 28.475 - ( 371.06 - max(0, 395.502 - 640.859+371.06))
=3421.489

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 1.22% mean?
Eidesvik Offshore ASA (OSL:EIOF) has a ROIC % of 1.22% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Eidesvik Offshore ASA and its competitors.
Is Eidesvik Offshore ASA's ROIC % too high?
Eidesvik Offshore ASA's current ROIC % is 1.22%. The Oil & Gas industry median ROIC % is 3.63. Eidesvik Offshore ASA's value of 1.22% is 66.4% below this industry median. Overall, Eidesvik Offshore ASA has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Eidesvik Offshore ASA's ROIC % compare to SLB and BKR?
Eidesvik Offshore ASA's ROIC % of 1.22% can be compared against companies in the Oil & Gas industry. The industry median ROIC % is 3.63. Eidesvik Offshore ASA's value of 1.22% is 66.4% below 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 Oil & Gas company?
The median ROIC % among Oil & Gas companies is 3.63, based on 997 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. Eidesvik Offshore ASA's current ROIC % of 1.22% is 66.4% below 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 Eidesvik Offshore ASA and its competitors. For the Oil & Gas industry, the median ROIC % is 3.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eidesvik Offshore ASA's current ROIC % is 1.22%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eidesvik Offshore ASA stock overvalued right now?
Based on GuruFocus' analysis, Eidesvik Offshore ASA (OSL:EIOF) is currently considered Fairly Valued. The stock's GF Value™ is kr14.42, compared to a current price of kr15.00 — trading 4% above its estimated fair value. The current ROIC % is 1.22% and 66.4% below the Oil & Gas industry median of 3.63. Eidesvik Offshore ASA's overall GF Score™ is 75/100 with 6 warning signs 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 Eidesvik Offshore ASA (OSL:EIOF), the current ROIC % is 1.22% 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 Eidesvik Offshore ASA (OSL:EIOF) Overvalued in 2026?

Based on GuruFocus' analysis, Eidesvik Offshore ASA stock appears to be overvalued. The current stock price of kr15.00 is trading 4% above its estimated GF Value™ of kr14.42. GuruFocus considers Eidesvik Offshore ASA to be Fairly Valued.

Key valuation signals for OSL:EIOF:

  • ROIC %: 1.22%
  • GF Value™: kr14.42 vs. price of kr15.00 (4% above fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 66.4% below the Oil & Gas median

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


Eidesvik Offshore ASA Business Description

Industry EnergyOil & Gas
Address Vestvikvegen 1, Bomlo, NOR, 5443
Eidesvik Offshore ASA owns and operates a world-wide fleet of purpose-built vessels, providing services to the offshore supply, subsea and offshore renewables markets. The company owns and operates vessels in the following segments of Supply and Subsea and Offshore Renewables, and other. The Subsea segment provides shipping services for subsea work for the oil industry and its ships are adapted for work such as underwater inspection, maintenance, and construction. The Supply segment delivers services to the offshore oil industry. Other represent the SG&A that mainly provide corporate, management and crew services, in addition to the remaining minor effects from the seismic segment.
75GF Score

Get the complete analysis for OSL:EIOF

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

kr15.00
Price
kr14.42
GF Value