S Alam Cold Rolled Steels (DHA:SALAMCRST) ROC %: 1.90% (As of Mar. 2024)

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DHA:SALAMCRST S Alam Cold Rolled Steels Ltd DHA:SALAMCRST
10 GF Score
Price BDT12.70
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What is S Alam Cold Rolled Steels ROC %?

S Alam Cold Rolled Steels DHA:SALAMCRST -2.31% 10 ROC % is 1.90% as of Mar. 2024. GuruFocus rates DHA:SALAMCRST with a GF Score™ of 10/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. S Alam Cold Rolled Steels's annualized return on capital (ROC %) for the quarter that ended in Mar. 2024 was 1.90%.

As of today (2026-08-08), S Alam Cold Rolled Steels's WACC % is 0.00%. S Alam Cold Rolled Steels's ROC % is 0.00% (calculated using TTM income statement data). S Alam Cold Rolled Steels earns returns that do not match up to its cost of capital. It will destroy value as it grows.


S Alam Cold Rolled Steels  (DHA:SALAMCRST) 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, S Alam Cold Rolled Steels's WACC % is 0.00%. S Alam Cold Rolled Steels's ROC % is 0.00% (calculated using TTM income statement data). S Alam Cold Rolled Steels earns returns that do not match up to its cost of capital. It will destroy value as it grows.


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.


S Alam Cold Rolled Steels ROC % Related Terms


S Alam Cold Rolled Steels ROC % Historical Data

* Premium members only.

The historical data trend for S Alam Cold Rolled Steels's ROC % 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.

S Alam Cold Rolled Steels ROC % Chart

S Alam Cold Rolled Steels Annual Data
Trend Sep13 Sep14 Sep15 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.62 1.66 1.91 1.51 1.20

S Alam Cold Rolled Steels Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
ROC % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.15 3.85 0.34 0.43 1.90
DHA:SALAMCRST
10GF Score
S Alam Cold Rolled Steels Ltd DHA:SALAMCRST
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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S Alam Cold Rolled Steels ROC % Calculation

S Alam Cold Rolled Steels's annualized Return on Capital (ROC %) for the fiscal year that ended in Jun. 2023 is calculated as:

ROC % (A: Jun. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Jun. 2022 ) + Invested Capital (A: Jun. 2023 ))/ count )
=885.787 * ( 1 - 76.54% )/( (15166.292 + 19342.43)/ 2 )
=207.8056302/17254.361
=1.20 %

where

Invested Capital(A: Jun. 2022 )
=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))
=15672.244 - 2473.212 - ( 122.089 - max(0, 13489.777 - 11522.517+122.089))
=15166.292

Invested Capital(A: Jun. 2023 )
=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))
=20054.71 - 2836.192 - ( 1285.765 - max(0, 17885.074 - 15761.162+1285.765))
=19342.43

S Alam Cold Rolled Steels's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=782.168 * ( 1 - 39.38% )/( (24376.08 + 25567.654)/ 2 )
=474.1502416/24971.867
=1.90 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=24409.313 - 2129.727 - ( 865.007 - max(0, 22235.346 - 20138.852+865.007))
=24376.08

Invested Capital(Q: Mar. 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))
=25457.299 - 2011.133 - ( 1163.504 - max(0, 23317.136 - 21195.648+1163.504))
=25567.654

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) 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 ROC % →
What does a ROC % of 1.90% mean?
S Alam Cold Rolled Steels (DHA:SALAMCRST) has a ROC % of 1.90% as of Mar. 2024. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on S Alam Cold Rolled Steels and its competitors.
Is S Alam Cold Rolled Steels' ROC % too high?
S Alam Cold Rolled Steels' current ROC % is 1.90%. The Steel industry median ROC % is 2.64. S Alam Cold Rolled Steels' value of 1.90% is 28% below this industry median. Overall, S Alam Cold Rolled Steels has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does S Alam Cold Rolled Steels' ROC % compare to NUE and STLD?
S Alam Cold Rolled Steels' ROC % of 1.90% can be compared against companies in the Steel industry. The industry median ROC % is 2.64. S Alam Cold Rolled Steels' value of 1.90% is 28% below 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 Steel company?
The median ROC % among Steel companies is 2.64, based on 621 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. S Alam Cold Rolled Steels's current ROC % of 1.90% is 28% below 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 S Alam Cold Rolled Steels and its competitors. For the Steel industry, the median ROC % is 2.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. S Alam Cold Rolled Steels's current ROC % is 1.90%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is S Alam Cold Rolled Steels stock overvalued right now?
S Alam Cold Rolled Steels (DHA:SALAMCRST) has a current ROC % of 1.90%. The current ROC % is 1.90% and 28% below the Steel industry median of 2.64. S Alam Cold Rolled Steels' overall GF Score™ is 10/100. 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 S Alam Cold Rolled Steels (DHA:SALAMCRST), the current ROC % is 1.90% as of Mar. 2024. 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.

S Alam Cold Rolled Steels Business Description

Address S. Alam Bhaban, Asadgonj, Chattogram, BGD, 2119
S Alam Cold Rolled Steels Ltd is a steel manufacturing company. Its business activities include manufacturing and marketing cold rolled steel strips and galvanized steel sheets. The company has two business segments - the Cold Rolled Strips segment, which includes purchasing hot roll and manufacturing and distribution of cold-rolled strips; and the Non-Oxide Furnace segment which comprises purchasing cold-rolled strips and manufacturing and distribution of galvanized steel sheets.
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ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT12.70
Price