Solstad Maritime ASA (OSL:SOMA) ROIC %: 11.61% (As of Dec. 2025)


OSL:SOMA Solstad Maritime ASA OSL:SOMA
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What is Solstad Maritime ASA ROIC %?

Solstad Maritime ASA OSL:SOMA +0.39% 14 ROIC % is 11.61% as of Dec. 2025. GuruFocus rates OSL:SOMA with a GF Score™ of 14/100. The stock has 3 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 %. Solstad Maritime ASA's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 11.61%.

As of today (2026-07-07), Solstad Maritime ASA's WACC % is 9.92%. Solstad Maritime ASA's ROIC % is 12.31% (calculated using TTM income statement data). Solstad 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.


Solstad Maritime ASA  (OSL:SOMA) 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, Solstad Maritime ASA's WACC % is 9.92%. Solstad Maritime ASA's ROIC % is 12.31% (calculated using TTM income statement data). Solstad 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.


Solstad Maritime ASA ROIC % Related Terms


Solstad Maritime ASA ROIC % Historical Data

* Premium members only.

The historical data trend for Solstad Maritime 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.

Solstad Maritime ASA ROIC % Chart

Solstad Maritime ASA Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial -3.13 1.62 5.62 11.46 12.42

Solstad Maritime ASA Semi-Annual Data
Dec20 Dec21 Dec22 Dec23 Jun24 Dec24 Jun25 Dec25
ROIC % Get a 7-Day Free Trial 0.00 7.44 16.25 12.56 11.61

Solstad Maritime ASA ROIC % Competitor Comparison

For the Marine Shipping subindustry, Solstad 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.


Solstad Maritime ASA ROIC % vs Transportation Industry

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

* The bar in red indicates where Solstad Maritime ASA's ROIC % falls into.


OSL:SOMA
14GF Score
Solstad Maritime ASA OSL:SOMA
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Solstad Maritime ASA ROIC % Calculation

Solstad Maritime 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 )
=2018.54 * ( 1 - 0% )/( (17132.059 + 15367.977)/ 2 )
=2018.54/16250.018
=12.42 %

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))
=18952.793 - 916.426 - ( 1714.354 - max(0, 3047.034 - 3951.342+1714.354))
=17132.059

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))
=16439.884 - 888.275 - ( 493.328 - max(0, 2391.04 - 2574.672+493.328))
=15367.977

Solstad Maritime ASA's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=1851.948 * ( 1 - 0% )/( (16534.592 + 15367.977)/ 2 )
=1851.948/15951.2845
=11.61 %

where

Invested Capital(Q: Jun. 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))
=16704.871 - 0 - ( 1029.294 - max(0, 2863.706 - 3033.985+1029.294))
=16534.592

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))
=16439.884 - 888.275 - ( 493.328 - max(0, 2391.04 - 2574.672+493.328))
=15367.977

Note: The Operating Income data used here is two times the semi-annual (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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 11.61% mean?
Solstad Maritime ASA (OSL:SOMA) has a ROIC % of 11.61% 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 Solstad Maritime ASA and its competitors.
Is Solstad Maritime ASA's ROIC % too high?
Solstad Maritime ASA's current ROIC % is 11.61%. The Transportation industry median ROIC % is 4.69. Solstad Maritime ASA's value of 11.61% is 147.5% above this industry median. Overall, Solstad Maritime ASA has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Solstad Maritime ASA's ROIC % compare to competitors?
Solstad Maritime ASA's ROIC % of 11.61% can be compared against companies in the Transportation industry. The industry median ROIC % is 4.69. Solstad Maritime ASA's value of 11.61% is 147.5% 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 a Transportation company?
The median ROIC % among Transportation companies is 4.69, based on 989 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. Solstad Maritime ASA's current ROIC % of 11.61% is 147.5% 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 Solstad Maritime 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. Solstad Maritime ASA's current ROIC % is 11.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solstad Maritime ASA stock overvalued right now?
Solstad Maritime ASA (OSL:SOMA) has a current ROIC % of 11.61%. The current ROIC % is 11.61% and 147.5% above the Transportation industry median of 4.69. Solstad Maritime ASA's overall GF Score™ is 14/100 with 3 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 Solstad Maritime ASA (OSL:SOMA), the current ROIC % is 11.61% 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.

Solstad Maritime ASA Business Description

Other Exchanges SOMAo:UKO6O:Germany
Address Nesavegen 39, Skudeneshavn, NOR, 4280
Solstad Maritime ASA operates offshore service and construction vessels, offering ships, additional services (ROVs, etc.), and maritime personnel across all geographical regions. Its operating business segments include AHTS, CSV, Services, and Others. The AHTS segment includes anchor handling tug supply vessels; the CSV segment represents operations of construction vessels performing subsea construction contracts; and the Services segment includes additional services provided across vessel spreads, i.e., ROVs, tooling, project personnel, and engineering support. All of the company's income is classified as Oil and Gas, which generates the majority of revenue, or Renewable. Geographically, it generates maximum revenue from the North Sea region.
14GF Score

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

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