Metalurgica Gerdau (BSP:GOAU3) ROCE %: 10.06% (As of Mar. 2026)


BSP:GOAU3 Metalurgica Gerdau SA BSP:GOAU3
64 GF Score
Price R$8.69
GF Value R$7.19
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Metalurgica Gerdau ROCE %?

Metalurgica Gerdau BSP:GOAU3 +1.16% 64 ROCE % is 10.06% as of Mar. 2026. GuruFocus rates BSP:GOAU3 with a GF Score™ of 64/100 and a GF Value™ of R$7.19 (Modestly Overvalued). The stock has 6 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. Metalurgica Gerdau's annualized ROCE % for the quarter that ended in Mar. 2026 was 10.06%.

Metalurgica Gerdau  (BSP:GOAU3) 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.

Metalurgica Gerdau ROCE % Related Terms

Metalurgica Gerdau ROCE % Historical Data

* Premium members only.

The historical data trend for Metalurgica Gerdau'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.

Metalurgica Gerdau ROCE % Chart

Metalurgica Gerdau 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 37.54 27.63 16.39 8.97 5.13

Metalurgica Gerdau 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 7.15 7.87 9.55 -4.35 10.06
BSP:GOAU3
64GF Score
Metalurgica Gerdau SA BSP:GOAU3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Metalurgica Gerdau ROCE % Calculation

Metalurgica Gerdau'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 )
=3794.241/( ( (86948.529 - 10905.469) + (81758.415 - 9897.3) )/ 2 )
=3794.241/( (76043.06+71861.115)/ 2 )
=3794.241/73952.0875
=5.13 %

Metalurgica Gerdau'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 )
=7176.628/( ( (81758.415 - 9897.3) + (81113.434 - 10363.418) )/ 2 )
=7176.628/( ( 71861.115 + 70750.016 )/ 2 )
=7176.628/71305.5655
=10.06 %

(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 10.06% mean?
Metalurgica Gerdau (BSP:GOAU3) has a ROCE % of 10.06% as of Mar. 2026.
Is Metalurgica Gerdau's ROCE % too high?
Metalurgica Gerdau's current ROCE % is 10.06%. The Steel industry median ROCE % is 5.52. Metalurgica Gerdau's value of 10.06% is 82.2% above this industry median. Overall, Metalurgica Gerdau has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Metalurgica Gerdau's ROCE % compare to NUE and STLD?
Metalurgica Gerdau's ROCE % of 10.06% can be compared against companies in the Steel industry. The industry median ROCE % is 5.52. Metalurgica Gerdau's value of 10.06% is 82.2% 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 5.52, based on 619 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. Metalurgica Gerdau's current ROCE % of 10.06% is 82.2% 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 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Metalurgica Gerdau's current ROCE % is 10.06%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Metalurgica Gerdau stock overvalued right now?
Based on GuruFocus' analysis, Metalurgica Gerdau (BSP:GOAU3) is currently considered Modestly Overvalued. The stock's GF Value™ is R$7.19, compared to a current price of R$8.69 — trading 20.9% above its estimated fair value. The current ROCE % is 10.06% and 82.2% above the Steel industry median of 5.52. Metalurgica Gerdau's overall GF Score™ is 64/100 with 6 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 Metalurgica Gerdau (BSP:GOAU3), the current ROCE % is 10.06% 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 Metalurgica Gerdau (BSP:GOAU3) Overvalued in 2026?

Based on GuruFocus' analysis, Metalurgica Gerdau stock appears to be overvalued. The current stock price of R$8.69 is trading 20.9% above its estimated GF Value™ of R$7.19. GuruFocus considers Metalurgica Gerdau to be Modestly Overvalued.

Key valuation signals for BSP:GOAU3:

  • ROCE %: 10.06%
  • GF Value™: R$7.19 vs. price of R$8.69 (20.9% above fair value)
  • GF Score™: 64/100 with 6 warning signs
  • Industry Position: 82.2% above the Steel median

No single metric tells the full story. See the BSP:GOAU3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Metalurgica Gerdau Business Description

Other Exchanges GOAU4:Brazil
Address Avenida Farrapos, 1811, Porto Alegre, RS, BRA, 90220005
Metalurgica Gerdau SA produces steel and steel products used in construction, industrial, agricultural and automotive sectors. Its products include steel columns, nails, transfer bars for the construction sector; billet, electrodes, mechanical construction wire rods for the industrial sector; staples, steel posts, tribars, galvanized wires for agricultural sector; mechanical construction ingots, mechanical construction wires, and various other products for the automotive sector. Its revenue is generated by sales of long steel to nonresidential construction and infrastructure sector in North America.
64GF Score

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

R$8.69
Price
R$7.19
GF Value