Sao Martinho (BSP:SMTO3) ROCE %: 5.16% (As of Jun. 2026)

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BSP:SMTO3 Sao Martinho SA BSP:SMTO3
78 GF Score
Price R$18.46
GF Value R$21.23
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Sao Martinho ROCE %?

Sao Martinho BSP:SMTO3 -4.20% 78 ROCE % is 5.16% as of Jun. 2026. GuruFocus rates BSP:SMTO3 with a GF Score™ of 78/100 and a GF Value™ of R$21.23 (Modestly Undervalued). The stock has 9 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. Sao Martinho's annualized ROCE % for the quarter that ended in Jun. 2026 was 5.16%.

Sao Martinho  (BSP:SMTO3) 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.

Sao Martinho ROCE % Related Terms

Sao Martinho ROCE % Historical Data

* Premium members only.

The historical data trend for Sao Martinho'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.

Sao Martinho ROCE % Chart

Sao Martinho 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 17.65 15.62 17.17 6.89 6.68

Sao Martinho Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 5.47 6.80 6.37 8.17 5.16
BSP:SMTO3
78GF Score
Sao Martinho SA BSP:SMTO3
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Sao Martinho ROCE % Calculation

Sao Martinho'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 )
=1329.962/( ( (21769.383 - 2589.623) + (23418.195 - 2764.398) )/ 2 )
=1329.962/( (19179.76+20653.797)/ 2 )
=1329.962/19916.7785
=6.68 %

Sao Martinho's ROCE % of for the quarter that ended in Jun. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=1081.504/( ( (23418.195 - 2764.398) + (23913.51 - 2684.676) )/ 2 )
=1081.504/( ( 20653.797 + 21228.834 )/ 2 )
=1081.504/20941.3155
=5.16 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 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 5.16% mean?
Sao Martinho (BSP:SMTO3) has a ROCE % of 5.16% as of Jun. 2026.
Is Sao Martinho's ROCE % too high?
Sao Martinho's current ROCE % is 5.16%. The Chemicals industry median ROCE % is 7.15. Sao Martinho's value of 5.16% is 27.8% below this industry median. Overall, Sao Martinho has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sao Martinho's ROCE % compare to LIN and SHW?
Sao Martinho's ROCE % of 5.16% can be compared against companies in the Chemicals industry. The industry median ROCE % is 7.15. Sao Martinho's value of 5.16% is 27.8% 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 Chemicals company?
The median ROCE % among Chemicals companies is 7.15, based on 1,594 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. Sao Martinho's current ROCE % of 5.16% is 27.8% 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 Chemicals industry, the median ROCE % is 7.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Sao Martinho's current ROCE % is 5.16%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sao Martinho stock overvalued right now?
Based on GuruFocus' analysis, Sao Martinho (BSP:SMTO3) is currently considered Modestly Undervalued. The stock's GF Value™ is R$21.23, compared to a current price of R$18.46 — trading 13% below its estimated fair value. The current ROCE % is 5.16% and 27.8% below the Chemicals industry median of 7.15. Sao Martinho's overall GF Score™ is 78/100 with 9 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 Sao Martinho (BSP:SMTO3), the current ROCE % is 5.16% as of Jun. 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 Sao Martinho (BSP:SMTO3) Overvalued in 2026?

Based on GuruFocus' analysis, Sao Martinho stock appears to be undervalued. The current stock price of R$18.46 is trading 13% below its estimated GF Value™ of R$21.23. GuruFocus considers Sao Martinho to be Modestly Undervalued.

Key valuation signals for BSP:SMTO3:

  • ROCE %: 5.16%
  • GF Value™: R$21.23 vs. price of R$18.46 (13% below fair value)
  • GF Score™: 78/100 with 9 warning signs
  • Industry Position: 27.8% below the Chemicals median

No single metric tells the full story. See the BSP:SMTO3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sao Martinho Business Description

Address Fazenda Sao Martinho, Pradopolis, SP, BRA, CEP 14850-000
Sao Martinho SA operates the following segments: sugar, ethanol, electricity, real estate ventures, Yeast, and other products. Sales of sugar and ethanol, both of which the company produces with sugar cane, comprise the vast majority of the company's revenue. Sao Martinho produces sugar and ethanol in its four Brazilian mills. The company derives its sugar cane mostly from its own plantations, agricultural partnerships, shareholders, and related companies. Sao Martinho exports most of its sugar, and it sells most of its ethanol domestically.
78GF Score

Get the complete analysis for BSP:SMTO3

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

R$18.46
Price
R$21.23
GF Value