ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Santos Brasil Participacoes's annualized return on capital (ROC %) for the quarter that ended in Jun. 2025 was 20.36%.
As of today (2026-06-25), Santos Brasil Participacoes's WACC % is 9.50%. Santos Brasil Participacoes's ROC % is 21.04% (calculated using TTM income statement data).
Santos Brasil Participacoes 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.
Santos Brasil Participacoes (BSP:STBP3) ROC % Explanation
ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. 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 ROC % 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, Santos Brasil Participacoes's WACC % is 9.50%. Santos Brasil Participacoes's ROC % is 21.04% (calculated using TTM income statement data).
Santos Brasil Participacoes 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 %, ROC % 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.
* 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.
Note:
The Operating Income data used here is four times the quarterly (Jun. 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.
Santos Brasil Participacoes (BSP:STBP3) has a ROC % of 20.36% as of Jun. 2025. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Santos Brasil Participacoes and its competitors.
Is Santos Brasil Participacoes' ROC % too high?
Santos Brasil Participacoes' current ROC % is 20.36%. The Transportation industry median ROC % is 4.69. Santos Brasil Participacoes' value of 20.36% is 334.1% above this industry median. Overall, Santos Brasil Participacoes has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Santos Brasil Participacoes' ROC % compare to competitors?
Santos Brasil Participacoes' ROC % of 20.36% can be compared against companies in the Transportation industry. The industry median ROC % is 4.69. Santos Brasil Participacoes' value of 20.36% is 334.1% 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 ROC % for a Transportation company?
The median ROC % among Transportation companies is 4.69, based on 994 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Santos Brasil Participacoes's current ROC % of 20.36% is 334.1% 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 ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Santos Brasil Participacoes and its competitors. For the Transportation industry, the median ROC % is 4.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Santos Brasil Participacoes's current ROC % is 20.36%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Santos Brasil Participacoes stock overvalued right now?
Santos Brasil Participacoes (BSP:STBP3) has a current ROC % of 20.36%. The stock's GF Value™ is R$15.58, compared to a current price of R$14.42 — trading 7.4% below its estimated fair value. The current ROC % is 20.36% and 334.1% above the Transportation industry median of 4.69. Santos Brasil Participacoes' overall GF Score™ is 12/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Santos Brasil Participacoes (BSP:STBP3), the current ROC % is 20.36% as of Jun. 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 Santos Brasil Participacoes (BSP:STBP3) Overvalued in 2026?
Based on GuruFocus' analysis, Santos Brasil Participacoes stock appears to be undervalued.
The current stock price of R$14.42 is trading 7.4% below its estimated GF Value™ of R$15.58.
Key valuation signals for BSP:STBP3:
ROC %: 20.36%
GF Value™: R$15.58 vs. price of R$14.42 (7.4% below fair value)
Industry Position: 334.1% above the Transportation median
No single metric tells the full story. See the BSP:STBP3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Santos Brasil Participacoes SA is a Brazilian company that provides port infrastructure and terminal storage facilities, and integrated logistics solutions, including container handling and related activities. The company organizes its business into four segments; Containers Port Terminals, Logistics, Liquid Terminals, and Vehicle Terminals of which Containers Port Terminals generate the maximum revenue for the company. Its products and services include container vessel loading and unloading port and bonded warehouse activities; logistics services including road transportation, distribution centers, and distribution transport.
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