MetroGas (BUE:METR) ROCE %: 16.32% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BUE:METR MetroGas SA BUE:METR
73 GF Score
Price ARS1,935.00
GF Value ARS1,969.21
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is MetroGas ROCE %?

MetroGas BUE:METR -0.36% 73 ROCE % is 16.32% as of Mar. 2026. GuruFocus rates BUE:METR with a GF Score™ of 73/100 and a GF Value™ of ARS1,969.21 (Fairly Valued). The stock has 2 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. MetroGas's annualized ROCE % for the quarter that ended in Mar. 2026 was 16.32%.

MetroGas  (BUE:METR) 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.

MetroGas ROCE % Related Terms

MetroGas ROCE % Historical Data

* Premium members only.

The historical data trend for MetroGas'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.

MetroGas ROCE % Chart

MetroGas 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 30.51 65.95 86.96 54.97 22.30

MetroGas 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 25.26 25.35 34.76 16.14 16.32
BUE:METR
73GF Score
MetroGas SA BUE:METR
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

MetroGas ROCE % Calculation

MetroGas'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 )
=235958/( ( (1447941 - 473923) + (1390076 - 247455) )/ 2 )
=235958/( (974018+1142621)/ 2 )
=235958/1058319.5
=22.30 %

MetroGas'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 )
=195104/( ( (1390076 - 247455) + (1511087 - 262550) )/ 2 )
=195104/( ( 1142621 + 1248537 )/ 2 )
=195104/1195579
=16.32 %

(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 16.32% mean?
MetroGas (BUE:METR) has a ROCE % of 16.32% as of Mar. 2026.
Is MetroGas' ROCE % too high?
MetroGas' current ROCE % is 16.32%. The Utilities - Regulated industry median ROCE % is 6.91. MetroGas' value of 16.32% is 136.2% above this industry median. Overall, MetroGas has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MetroGas' ROCE % compare to ATO and NI?
MetroGas' ROCE % of 16.32% can be compared against companies in the Utilities - Regulated industry. The industry median ROCE % is 6.91. MetroGas' value of 16.32% is 136.2% 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 an Utilities - Regulated company?
The median ROCE % among Utilities - Regulated companies is 6.91, based on 506 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. MetroGas's current ROCE % of 16.32% is 136.2% 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 Utilities - Regulated industry, the median ROCE % is 6.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MetroGas's current ROCE % is 16.32%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MetroGas stock overvalued right now?
Based on GuruFocus' analysis, MetroGas (BUE:METR) is currently considered Fairly Valued. The stock's GF Value™ is ARS1,969.21, compared to a current price of ARS1,935.00 — trading 1.7% below its estimated fair value. The current ROCE % is 16.32% and 136.2% above the Utilities - Regulated industry median of 6.91. MetroGas' overall GF Score™ is 73/100 with 2 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 MetroGas (BUE:METR), the current ROCE % is 16.32% 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 MetroGas (BUE:METR) Overvalued in 2026?

Based on GuruFocus' analysis, MetroGas stock appears to be undervalued. The current stock price of ARS1,935.00 is trading 1.7% below its estimated GF Value™ of ARS1,969.21. GuruFocus considers MetroGas to be Fairly Valued.

Key valuation signals for BUE:METR:

  • ROCE %: 16.32%
  • GF Value™: ARS1,969.21 vs. price of ARS1,935.00 (1.7% below fair value)
  • GF Score™: 73/100 with 2 warning signs
  • Industry Position: 136.2% above the Utilities - Regulated median

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

MetroGas Business Description

Address General Gregorio Araoz de Lamadrid 1360, Ciudad Autonoma de Buenos Aires, Buenos Aires, ARG, C1267AAB
MetroGas SA is engaged in the utility sector. It is a gas distribution company engaged in the provision of natural gas distribution public services. The company is engaged in the commercialization and transportation of natural gas on behalf of or in association with third parties in Argentina. Its reporting segments include MetroGAS Distribution and MetroENERGIA Trading. The company generates maximum revenue from MetroGAS Distribution segment. It serves residential, commercial, and industrial customers.
73GF Score

Get the complete analysis for BUE:METR

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

ARS1,935.00
Price
ARS1,969.21
GF Value