NRC Group ASA (OSL:NRC) ROIC %: -2.81% (As of Mar. 2026)


OSL:NRC NRC Group ASA OSL:NRC
57 GF Score
Price kr8.43
GF Value kr4.13
Valuation Significantly Overvalued
! 4 Warning Signs
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What is NRC Group ASA ROIC %?

NRC Group ASA OSL:NRC +6.71% 57 ROIC % is -2.81% as of Mar. 2026. GuruFocus rates OSL:NRC with a GF Score™ of 57/100 and a GF Value™ of kr4.13 (Significantly Overvalued). The stock has 4 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 %. NRC Group ASA's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was -2.81%.

As of today (2026-06-28), NRC Group ASA's WACC % is 5.10%. NRC Group ASA's ROIC % is 1.65% (calculated using TTM income statement data). NRC Group ASA earns returns that do not match up to its cost of capital. It will destroy value as it grows.


NRC Group ASA  (OSL:NRC) 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, NRC Group ASA's WACC % is 5.10%. NRC Group ASA's ROIC % is 1.65% (calculated using TTM income statement data). NRC Group 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.


NRC Group ASA ROIC % Related Terms


NRC Group ASA ROIC % Historical Data

* Premium members only.

The historical data trend for NRC Group 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.

NRC Group ASA ROIC % Chart

NRC Group 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 2.77 -5.21 2.24 -2.32 1.78

NRC Group 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 -2.24 4.53 4.29 0.67 -2.81

OSL:NRC vs UNP, CSX, NSC: ROIC % Comparison

For the Railroads subindustry, NRC Group 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.


NRC Group ASA ROIC % vs Transportation Industry

For the Transportation industry and Industrials sector, NRC Group ASA's ROIC % distribution charts can be found below:

* The bar in red indicates where NRC Group ASA's ROIC % falls into.


OSL:NRC
57GF Score
NRC Group ASA OSL:NRC
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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NRC Group ASA ROIC % Calculation

NRC Group 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 )
=141 * ( 1 - 52.94% )/( (3828 + 3626)/ 2 )
=66.3546/3727
=1.78 %

where

NRC Group 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 )
=-116 * ( 1 - 5.56% )/( (3626 + 4183)/ 2 )
=-109.5504/3904.5
=-2.81 %

where

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 -2.81% mean?
NRC Group ASA (OSL:NRC) has a ROIC % of -2.81% 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 NRC Group ASA and its competitors.
Is NRC Group ASA's ROIC % too high?
NRC Group ASA's current ROIC % is -2.81%. 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 ROIC % compare to UNP and CSX?
NRC Group ASA's ROIC % of -2.81% can be compared against companies in the Transportation industry. The industry median ROIC % is 4.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Transportation company?
The median ROIC % among Transportation companies is 4.69, based on 986 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. 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 NRC Group ASA and its competitors. For the Transportation industry, the median ROIC % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NRC Group ASA's current ROIC % is -2.81%. 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 kr8.43 — trading 104.1% above its estimated fair value. The current ROIC % is -2.81%. NRC Group ASA's overall GF Score™ is 57/100 with 4 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 NRC Group ASA (OSL:NRC), the current ROIC % is -2.81% 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 kr8.43 is trading 104.1% above its estimated GF Value™ of kr4.13. GuruFocus considers NRC Group ASA to be Significantly Overvalued.

Key valuation signals for OSL:NRC:

  • ROIC %: -2.81%
  • GF Value™: kr4.13 vs. price of kr8.43 (104.1% above fair value)
  • GF Score™: 57/100 with 4 warning signs

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 Business Description

Address Lysaker Torg 25, Lysaker, NOR, 1366
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

Get the complete analysis for OSL:NRC

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

kr8.43
Price
kr4.13
GF Value