Scan Steels (BOM:511672) ROCE %: 9.34% (As of Mar. 2026)


BOM:511672 Scan Steels Ltd BOM:511672
65 GF Score
Price ₹47.47
GF Value ₹37.63
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Scan Steels ROCE %?

Scan Steels BOM:511672 +11.43% 65 ROCE % is 9.34% as of Mar. 2026. GuruFocus rates BOM:511672 with a GF Score™ of 65/100 and a GF Value™ of ₹37.63 (Modestly Overvalued). The stock has 8 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Scan Steels's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.34%.

Scan Steels  (BOM:511672) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Scan Steels ROCE % Related Terms

Scan Steels ROCE % Historical Data

* Premium members only.

The historical data trend for Scan Steels's ROCE % 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.

Scan Steels ROCE % Chart

Scan Steels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.47 9.40 8.48 7.61 7.45

Scan Steels Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 5.57 13.90 1.55 5.54 9.34
BOM:511672
65GF Score
Scan Steels Ltd BOM:511672
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Scan Steels ROCE % Calculation

Scan Steels's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=349.935/( ( (5792.245 - 1216.307) + (6090.291 - 1265.98) )/ 2 )
=349.935/( (4575.938+4824.311)/ 2 )
=349.935/4700.1245
=7.45 %

Scan Steels's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=450.552/( ( (0 - 0) + (6090.291 - 1265.98) )/ 1 )
=450.552/( ( 0 + 4824.311 )/ 1 )
=450.552/4824.311
=9.34 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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 ROCE % →
What does a ROCE % of 9.34% mean?
Scan Steels (BOM:511672) has a ROCE % of 9.34% as of Mar. 2026.
Is Scan Steels' ROCE % too high?
Scan Steels' current ROCE % is 9.34%. The Steel industry median ROCE % is 5.63. Scan Steels' value of 9.34% is 66% above this industry median. Overall, Scan Steels has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Scan Steels' ROCE % compare to NUE and STLD?
Scan Steels' ROCE % of 9.34% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. Scan Steels' value of 9.34% is 66% 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 ROCE % for a Steel company?
The median ROCE % among Steel companies is 5.63, based on 620 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Scan Steels's current ROCE % of 9.34% is 66% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median ROCE % is 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Scan Steels's current ROCE % is 9.34%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Scan Steels stock overvalued right now?
Based on GuruFocus' analysis, Scan Steels (BOM:511672) is currently considered Modestly Overvalued. The stock's GF Value™ is ₹37.63, compared to a current price of ₹47.47 — trading 26.1% above its estimated fair value. The current ROCE % is 9.34% and 66% above the Steel industry median of 5.63. Scan Steels' overall GF Score™ is 65/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Scan Steels (BOM:511672), the current ROCE % is 9.34% as of Mar. 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 Scan Steels (BOM:511672) Overvalued in 2026?

Based on GuruFocus' analysis, Scan Steels stock appears to be overvalued. The current stock price of ₹47.47 is trading 26.1% above its estimated GF Value™ of ₹37.63. GuruFocus considers Scan Steels to be Modestly Overvalued.

Key valuation signals for BOM:511672:

  • ROCE %: 9.34%
  • GF Value™: ₹37.63 vs. price of ₹47.47 (26.1% above fair value)
  • GF Score™: 65/100 with 8 warning signs
  • Industry Position: 66% above the Steel median

No single metric tells the full story. See the BOM:511672 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Scan Steels Business Description

Address Magnetics Chowk, 2nd Floor, Plot No. 516/1723/3991, Trishana Nirmalya, Patia, Bhubaneswar, OR, IND, 751024
Scan Steels Ltd is an Indian-based iron and steel company. It is engaged in the manufacturing of steel products and in the generation of power for captive consumption. The company operates through a single segment, which is Steel Manufacturing. Its products include Shrishtii TMT, MS Billets, Shrishtii Roofing, Shrishtii Structural, and Fly Ash Bricks.
65GF Score

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ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹47.47
Price
₹37.63
GF Value