CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) ROCE %: 1.24% (As of Mar. 2026)


BSP:FESA4 CIA de Ferro Ligas da Bahia - Ferbasa BSP:FESA4
67 GF Score
Price R$6.03
GF Value R$8.52
Valuation Modestly Undervalued
! 8 Warning Signs
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What is CIA de Ferro Ligas da Bahia - Ferbasa ROCE %?

CIA de Ferro Ligas da Bahia - Ferbasa BSP:FESA4 -0.33% 67 ROCE % is 1.24% as of Mar. 2026. GuruFocus rates BSP:FESA4 with a GF Score™ of 67/100 and a GF Value™ of R$8.52 (Modestly Undervalued). 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. CIA de Ferro Ligas da Bahia - Ferbasa's annualized ROCE % for the quarter that ended in Mar. 2026 was 1.24%.

CIA de Ferro Ligas da Bahia - Ferbasa  (BSP:FESA4) 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.

CIA de Ferro Ligas da Bahia - Ferbasa ROCE % Related Terms

CIA de Ferro Ligas da Bahia - Ferbasa ROCE % Historical Data

* Premium members only.

The historical data trend for CIA de Ferro Ligas da Bahia - Ferbasa'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.

CIA de Ferro Ligas da Bahia - Ferbasa ROCE % Chart

CIA de Ferro Ligas da Bahia - Ferbasa Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.56 39.51 12.55 9.59 5.55

CIA de Ferro Ligas da Bahia - Ferbasa 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 5.24 6.05 4.36 5.29 1.24
BSP:FESA4
67GF Score
CIA de Ferro Ligas da Bahia - Ferbasa BSP:FESA4
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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CIA de Ferro Ligas da Bahia - Ferbasa ROCE % Calculation

CIA de Ferro Ligas da Bahia - Ferbasa'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 )
=211.127/( ( (4387.88 - 652.462) + (4459.48 - 582.545) )/ 2 )
=211.127/( (3735.418+3876.935)/ 2 )
=211.127/3806.1765
=5.55 %

CIA de Ferro Ligas da Bahia - Ferbasa'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 )
=47.984/( ( (4459.48 - 582.545) + (4417.895 - 537.768) )/ 2 )
=47.984/( ( 3876.935 + 3880.127 )/ 2 )
=47.984/3878.531
=1.24 %

(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 1.24% mean?
CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) has a ROCE % of 1.24% as of Mar. 2026.
Is CIA de Ferro Ligas da Bahia - Ferbasa's ROCE % too high?
CIA de Ferro Ligas da Bahia - Ferbasa's current ROCE % is 1.24%. The Steel industry median ROCE % is 5.61. CIA de Ferro Ligas da Bahia - Ferbasa's value of 1.24% is 77.9% below this industry median. Overall, CIA de Ferro Ligas da Bahia - Ferbasa has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CIA de Ferro Ligas da Bahia - Ferbasa's ROCE % compare to NUE and STLD?
CIA de Ferro Ligas da Bahia - Ferbasa's ROCE % of 1.24% can be compared against companies in the Steel industry. The industry median ROCE % is 5.61. CIA de Ferro Ligas da Bahia - Ferbasa's value of 1.24% is 77.9% 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 ROCE % for a Steel company?
The median ROCE % among Steel companies is 5.61, based on 625 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. CIA de Ferro Ligas da Bahia - Ferbasa's current ROCE % of 1.24% is 77.9% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Steel industry, the median ROCE % is 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CIA de Ferro Ligas da Bahia - Ferbasa's current ROCE % is 1.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CIA de Ferro Ligas da Bahia - Ferbasa stock overvalued right now?
Based on GuruFocus' analysis, CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) is currently considered Modestly Undervalued. The stock's GF Value™ is R$8.52, compared to a current price of R$6.03 — trading 29.2% below its estimated fair value. The current ROCE % is 1.24% and 77.9% below the Steel industry median of 5.61. CIA de Ferro Ligas da Bahia - Ferbasa's overall GF Score™ is 67/100 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 CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4), the current ROCE % is 1.24% 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 CIA de Ferro Ligas da Bahia - Ferbasa (BSP:FESA4) Overvalued in 2026?

Based on GuruFocus' analysis, CIA de Ferro Ligas da Bahia - Ferbasa stock appears to be undervalued. The current stock price of R$6.03 is trading 29.2% below its estimated GF Value™ of R$8.52. GuruFocus considers CIA de Ferro Ligas da Bahia - Ferbasa to be Modestly Undervalued.

Key valuation signals for BSP:FESA4:

  • ROCE %: 1.24%
  • GF Value™: R$8.52 vs. price of R$6.03 (29.2% below fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 77.9% below the Steel median

No single metric tells the full story. See the BSP:FESA4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

CIA de Ferro Ligas da Bahia - Ferbasa Business Description

Other Exchanges FESA3:Brazil
Address Estrada de Santiago s/n, Pojuca, BA, BRA, 48120000
CIA de Ferro Ligas da Bahia - Ferbasa produces ferroalloys, including chromium alloys and silicon ferroalloys. It operates in the areas of mining, reforestation, and metallurgy, offering high-carbon ferrochrome, low-carbon ferrochrome, and ferrosilicon. It also engages in the mining, forestry, metallurgy businesses.
67GF Score

Get the complete analysis for BSP:FESA4

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

R$6.03
Price
R$8.52
GF Value