Companhia Brasileira de Aluminio (BSP:CBAV3) ROCE %: 19.73% (As of Mar. 2026)

What is Companhia Brasileira de Aluminio ROCE %?

Companhia Brasileira de Aluminio BSP:CBAV3 53 ROCE % is 19.73% as of Mar. 2026. GuruFocus rates BSP:CBAV3 with a GF Score™ of 53/100 and a GF Value™ of R$5.41 (Significantly Overvalued). The stock has 11 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. Companhia Brasileira de Aluminio's annualized ROCE % for the quarter that ended in Mar. 2026 was 19.73%.

Companhia Brasileira de Aluminio (BSP:CBAV3) 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.

Companhia Brasileira de Aluminio ROCE % Related Terms

Companhia Brasileira de Aluminio ROCE % Historical Data

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The historical data trend for Companhia Brasileira de Aluminio'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.

Companhia Brasileira de Aluminio ROCE % Chart

Companhia Brasileira de Aluminio Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

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11.86

14.04

-6.37

0.61

6.72

Companhia Brasileira de Aluminio 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															21.09	1.83	13.15	-5.20	19.73

53GF Score

Companhia Brasileira de Aluminio SA BSP:CBAV3

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Companhia Brasileira de Aluminio ROCE % Calculation

Companhia Brasileira de Aluminio's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2025 )		(A: Dec. 2024 )		(A: Dec. 2025 )
	=	773.547	/	( ( (13833.02 - 2345.979)	+	(13966.017 - 2429.356) )	/ 2 )
	=	773.547	/	( (11487.041	+	11536.661)	/ 2 )
	=	773.547	/	11511.851
	=	6.72 %

Companhia Brasileira de Aluminio'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 )
	=	2307.78	/	( ( (13966.017 - 2429.356)	+	(14112.156 - 2255.336) )	/ 2 )
	=	2307.78	/	( ( 11536.661	+	11856.82 )	/ 2 )
	=	2307.78	/	11696.7405
	=	19.73 %

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

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 19.73% mean?

Companhia Brasileira de Aluminio (BSP:CBAV3) has a ROCE % of 19.73% as of Mar. 2026.

Is Companhia Brasileira de Aluminio's ROCE % too high?

Companhia Brasileira de Aluminio's current ROCE % is 19.73%. Overall, Companhia Brasileira de Aluminio has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Companhia Brasileira de Aluminio's ROCE % compare to AA and CENX?

Companhia Brasileira de Aluminio's ROCE % of 19.73% can be compared against companies in the Metals & Mining industry. 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 Metals & Mining company?

A good ROCE % depends on the Metals & Mining industry context. However, ROCE % 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 ROCE % mean?

A high ROCE % can signal that a stock is expensive relative to its fundamentals. Companhia Brasileira de Aluminio's current ROCE % is 19.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Companhia Brasileira de Aluminio stock overvalued right now?

Based on GuruFocus' analysis, Companhia Brasileira de Aluminio (BSP:CBAV3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$5.41, compared to a current price of R$10.75 — trading 98.7% above its estimated fair value. The current ROCE % is 19.73%. Companhia Brasileira de Aluminio's overall GF Score™ is 53/100 with 11 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 Companhia Brasileira de Aluminio (BSP:CBAV3), the current ROCE % is 19.73% 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 Companhia Brasileira de Aluminio (BSP:CBAV3) Overvalued in 2026?

Based on GuruFocus' analysis, Companhia Brasileira de Aluminio stock appears to be overvalued. The current stock price of R$10.75 is trading 98.7% above its estimated GF Value™ of R$5.41. GuruFocus considers Companhia Brasileira de Aluminio to be Significantly Overvalued.

Key valuation signals for BSP:CBAV3:

ROCE %: 19.73%
GF Value™: R$5.41 vs. price of R$10.75 (98.7% above fair value)
GF Score™: 53/100 with 11 warning signs

No single metric tells the full story. See the BSP:CBAV3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Companhia Brasileira de Aluminio Business Description

Industry Basic Materials Metals & Mining

Comparable Companies BSP:PMAM3 SZSE:002379 HKSE:01378 SHSE:601600 NSE:HINDALCO OSL:NHY AA XKLS:8869 SZSE:000807 SZSE:002532 SZSE:000933 SHSE:600219 BOM:532234 CENX HKSE:02788 CSTM SHSE:600595 TSE:5741 SHSE:603876 SHSE:601677

Address Avenue Engenheiro Luiz Carlos Berrini, No. 105, 14th andar - Cidade Moncoes, Sao Paulo, SP, BRA, 04571-900

Website https://www.cba.com.br

Companhia Brasileira de Aluminio SA is engaged in the exploration of bauxite mining in Brazil, producing and/or trading bauxite, alumina, primary aluminum, and semi-fabricated products in Brazil and abroad. The Company has a wide product range, such as ingots, billets, plates, coils, foil, and extruded products. The company has three operating segments; the Aluminum segment comprises the operations of the aluminum production chain, from bauxite mining to the production of primary and downstream products, the Energy segment; Comprises the sale of surplus energy to the market, and others segment.

53GF Score

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

R$10.75

Price

R$5.41

GF Value

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