Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Vulcan Steel's share price for the quarter that ended in Dec. 2025 was A$6.94. Vulcan Steel's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 146.5 Mil. Therefore, Vulcan Steel's market cap for the quarter that ended in Dec. 2025 was A$1,016.9 Mil.
Vulcan Steel's quarterly market cap
declined
from Dec. 2024 (A$889.6 Mil) to Jun. 2025 (A$767.0 Mil) but then
increased
from Jun. 2025 (A$767.0 Mil) to Dec. 2025 (A$1,016.9 Mil).
Vulcan Steel's annual market cap
declined
from Jun. 2023 (A$1,080.2 Mil) to Jun. 2024 (A$876.5 Mil) and
declined
from Jun. 2024 (A$876.5 Mil) to Jun. 2025 (A$767.0 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Vulcan Steel's Enterprise Value for Today is A$1,202.4 Mil.
Vulcan Steel (ASX:VSL) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
Vulcan Steel Market Cap Related Terms
Vulcan Steel Market Cap Historical Data
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The historical data trend for Vulcan Steel's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Steel Industry
For the Steel industry and Basic Materials sector, Vulcan Steel's Market Cap distribution charts can be found below:
* The bar in red indicates where Vulcan Steel's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
Vulcan Steel's Market Cap for the fiscal year that ended in Jun. 2025 is calculated as
* 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 (ASX:VSL) has a Market Cap of A$734.1 Mil as of Jun. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Vulcan Steel and its competitors. According to the industry distribution chart, Vulcan Steel ranks #168 out of 644 companies in the Steel industry, placing it in the top 26.1%.
Is Vulcan Steel's Market Cap too high?
Vulcan Steel's current Market Cap is A$734.1 Mil. Based on the distribution chart, Vulcan Steel ranks #168 out of 644 companies in the Steel industry, which is above the industry midpoint. Overall, Vulcan Steel has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Steel's Market Cap compare to NUE and STLD?
According to the Steel industry distribution chart, Vulcan Steel ranks #168 out of 644 companies for Market Cap. This puts Vulcan Steel in the upper half of its industry. The industry median Market Cap is 100.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Steel company?
The median Market Cap among Steel companies is 100.40, based on 644 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Vulcan Steel and its competitors. For the Steel industry, the median Market Cap is 100.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Vulcan Steel's current Market Cap is A$734.1 Mil. 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 (ASX:VSL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$6.22, compared to a current price of A$5.01 — trading 19.5% below its estimated fair value. The current Market Cap is A$734.1 Mil. Vulcan Steel's overall GF Score™ is 60/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Vulcan Steel (ASX:VSL), the current Market Cap is A$734.1 Mil as of Jun. 26, 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 (ASX:VSL) Overvalued in 2026?
Based on GuruFocus' analysis, Vulcan Steel stock appears to be undervalued.
The current stock price of A$5.01 is trading 19.5% below its estimated GF Value™ of A$6.22.
GuruFocus considers Vulcan Steel to be Modestly Undervalued.
Key valuation signals for ASX:VSL:
Market Cap: A$734.1 Mil
GF Value™: A$6.22 vs. price of A$5.01 (19.5% below fair value)
No single metric tells the full story. See the ASX: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.
60GF Score
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