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Vulcan SteelNZSE:VSL 49 EV-to-EBIT is 39.70 as of Aug. 07, 2026, which is 134% above its 10-year median of 16.94. GuruFocus rates NZSE:VSL with a GF Score™ of 49/100 and a GF Value™ of NZ$8.10 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 489 Steel companies, Vulcan Steel ranks worse than 84.46% on this metric.
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Vulcan Steel's Enterprise Value for the quarter that ended in Dec. 2025 was NZ$1,787.4 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vulcan Steel's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$38.6 Mil.
* 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.
Vulcan Steel EV-to-EBIT Related Terms
Vulcan Steel EV-to-EBIT Historical Data
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The historical data trend for Vulcan Steel's EV-to-EBIT 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.
For the Steel subindustry, Vulcan Steel's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.
Vulcan Steel EV-to-EBIT vs Steel Industry
For the Steel industry and Basic Materials sector, Vulcan Steel's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Vulcan Steel's EV-to-EBIT falls into.
Vulcan Steel's current Enterprise Value is NZ$1,531.2 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Vulcan Steel's EBIT for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$38.6 Mil.
* 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.
Vulcan Steel (NZSE:VSL) has a EV-to-EBIT of 39.70 as of Aug. 07, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Vulcan Steel and its competitors. This is 134% above median its historical median of 16.94. Over the past decade, Vulcan Steel's EV-to-EBIT has ranged from 7.42 to 40.16. According to the industry distribution chart, Vulcan Steel ranks #413 out of 489 companies in the Steel industry, placing it in the top 84.5%.
Is Vulcan Steel's EV-to-EBIT too high?
Vulcan Steel's current EV-to-EBIT of 39.70 is 134% above median its 10-year median of 16.94. Over the past 10 years, this metric has ranged from a low of 7.42 to a high of 40.16. The Steel industry median EV-to-EBIT is 13.17. Vulcan Steel's value of 39.70 is 201.4% above this industry median. Based on the distribution chart, Vulcan Steel ranks #413 out of 489 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Vulcan Steel has a GF Score™ of 49/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Steel's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Vulcan Steel ranks #413 out of 489 companies for EV-to-EBIT. This places Vulcan Steel in the lower half of its industry. The industry median EV-to-EBIT is 13.17. Vulcan Steel's value of 39.70 is 201.4% above this benchmark. Historically, Vulcan Steel's own EV-to-EBIT has ranged from 7.42 to 40.16 over the past decade. While the company's 10-year median is 16.94 vs. the industry median of 13.17, Vulcan Steel has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Steel company?
The median EV-to-EBIT among Steel companies is 13.17, based on 489 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Vulcan Steel's current EV-to-EBIT of 39.70 is 201.4% 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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Vulcan Steel and its competitors. For the Steel industry, the median EV-to-EBIT is 13.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vulcan Steel's current EV-to-EBIT is 39.70, which is 134% above median its own 10-year median of 16.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Steel stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Steel (NZSE:VSL) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$8.10, compared to a current price of NZ$6.55 — trading 19.1% below its estimated fair value. The current EV-to-EBIT is 39.70, which is 134% above median its 10-year median of 16.94 and 201.4% above the Steel industry median of 13.17. Vulcan Steel's overall GF Score™ is 49/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Vulcan Steel (NZSE:VSL), the current EV-to-EBIT is 39.70 as of Aug. 07, 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 Vulcan Steel (NZSE:VSL) Overvalued in 2026?
Based on GuruFocus' analysis, Vulcan Steel stock appears to be undervalued.
The current stock price of NZ$6.55 is trading 19.1% below its estimated GF Value™ of NZ$8.10.
GuruFocus considers Vulcan Steel to be Modestly Undervalued.
Key valuation signals for NZSE:VSL:
EV-to-EBIT: 39.70 (134% above median its 10-year median of 16.94)
GF Value™: NZ$8.10 vs. price of NZ$6.55 (19.1% below fair value)
Industry Position: 201.4% above the Steel median (#413 of 489)
No single metric tells the full story. See the NZSE:VSL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, the Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New Zealand, which includes Stainless Steel, Engineering Steel, and Aluminium.
49GF Score
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