Vulcan Steel (NZSE:VSL) Other Operating Expense: NZ$92.0 Mil (TTM As of Dec. 2025)

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NZSE:VSL Vulcan Steel Ltd NZSE:VSL
49 GF Score
Price NZ$6.50
GF Value NZ$8.06
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Vulcan Steel Other Operating Expense?

Vulcan Steel NZSE:VSL +0.78% 49 Other Operating Expense is NZ$92.0 Mil as of Dec. 2025. GuruFocus rates NZSE:VSL with a GF Score™ of 49/100 and a GF Value™ of NZ$8.06 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Vulcan Steel's Other Operating Expense for the six months ended in Dec. 2025 was NZ$27.5 Mil. Its Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 was NZ$92.0 Mil.

Vulcan Steel's quarterly Other Operating Expense increased from Dec. 2024 (NZ$49.0 Mil) to Jun. 2025 (NZ$64.6 Mil) but then declined from Jun. 2025 (NZ$64.6 Mil) to Dec. 2025 (NZ$27.5 Mil).

Vulcan Steel's annual Other Operating Expense increased from Jun. 2023 (NZ$90.3 Mil) to Jun. 2024 (NZ$130.3 Mil) but then declined from Jun. 2024 (NZ$130.3 Mil) to Jun. 2025 (NZ$113.6 Mil).


Vulcan Steel Other Operating Expense Historical Data

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The historical data trend for Vulcan Steel's Other Operating Expense 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.

Vulcan Steel Other Operating Expense Chart

Vulcan Steel Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Other Operating Expense
72.28 90.33 130.31 113.58

Vulcan Steel Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Other Operating Expense Get a 7-Day Free Trial Premium Member Only 47.12 83.19 49.03 64.55 27.49
NZSE:VSL
49GF Score
Vulcan Steel Ltd NZSE:VSL
Other Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Vulcan Steel Other Operating Expense Calculation

GuruFocus uses a standardized financial statement format for all companies. For non-financial companies, GuruFocus lists Selling, General, & Admin. Expense, , Research & Development, and Other Operating Expense under the "Total Operating Expense" section.

Other Operating Expense sometimes includes:
Restructuring, and merger
Acquisition related and other
Litigation settlement charge
Other (too numerous to list)

Some companies can and do choose to report each of these items separately. Yet, there are a variety of Other Operating Expense which are simply too numerous to list.

Other Operating Expense for the trailing twelve months (TTM) ended in Dec. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was NZ$92.0 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.

What does a Other Operating Expense of NZ$92.0 Mil mean?
Vulcan Steel (NZSE:VSL) has a Other Operating Expense of NZ$92.0 Mil as of Dec. 2025. Other operating expenses that a company records on its income statement. View historical data on Vulcan Steel and its competitors.
Is Vulcan Steel's Other Operating Expense too high?
Vulcan Steel's current Other Operating Expense is NZ$92.0 Mil. 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 Other Operating Expense compare to NUE and STLD?
Vulcan Steel's Other Operating Expense of NZ$92.0 Mil can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Operating Expense for a Steel company?
A good Other Operating Expense depends on the Steel industry context. However, Other Operating Expense 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 Other Operating Expense mean?
A high Other Operating Expense can signal that a stock is expensive relative to its fundamentals. Other operating expenses that a company records on its income statement. View historical data on Vulcan Steel and its competitors. Vulcan Steel's current Other Operating Expense is NZ$92.0 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 (NZSE:VSL) is currently considered Modestly Undervalued. The stock's GF Value™ is NZ$8.06, compared to a current price of NZ$6.50 — trading 19.4% below its estimated fair value. The current Other Operating Expense is NZ$92.0 Mil. 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 Other Operating Expense calculated?
Other Operating Expense is calculated from a company's financial statements. For Vulcan Steel (NZSE:VSL), the current Other Operating Expense is NZ$92.0 Mil 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.

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$6.50 is trading 19.4% below its estimated GF Value™ of NZ$8.06. GuruFocus considers Vulcan Steel to be Modestly Undervalued.

Key valuation signals for NZSE:VSL:

  • Other Operating Expense: NZ$92.0 Mil
  • GF Value™: NZ$8.06 vs. price of NZ$6.50 (19.4% below fair value)
  • GF Score™: 49/100 with 5 warning signs

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 Business Description

Other Exchanges VSL:Australia
Address 29 Neales Road, East Tamaki, Auckland, NTL, NZL, 2013
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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Other Operating Expense is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NZ$6.50
Price
NZ$8.06
GF Value