Angang Steel Co (FRA:GNV) ROCE %: -9.97% (As of Mar. 2026)


FRA:GNV Angang Steel Co Ltd FRA:GNV
57 GF Score
Price €0.12
GF Value €0.13
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Angang Steel Co ROCE %?

Angang Steel Co FRA:GNV +1.75% 57 ROCE % is -9.97% as of Mar. 2026. GuruFocus rates FRA:GNV with a GF Score™ of 57/100 and a GF Value™ of €0.13 (Modestly Undervalued). The stock has 5 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. Angang Steel Co's annualized ROCE % for the quarter that ended in Mar. 2026 was -9.97%.

Angang Steel Co  (FRA:GNV) 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.

Angang Steel Co ROCE % Related Terms

Angang Steel Co ROCE % Historical Data

* Premium members only.

The historical data trend for Angang Steel Co'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.

Angang Steel Co ROCE % Chart

Angang Steel Co 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 15.55 0.19 -6.09 -11.07 -6.01

Angang Steel Co 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 -2.99 -3.26 -5.73 -14.73 -9.97
FRA:GNV
57GF Score
Angang Steel Co Ltd FRA:GNV
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Angang Steel Co ROCE % Calculation

Angang Steel Co'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 )
=-431.899/( ( (13192.686 - 5173.163) + (11645.862 - 5289.242) )/ 2 )
=-431.899/( (8019.523+6356.62)/ 2 )
=-431.899/7188.0715
=-6.01 %

Angang Steel Co'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 )
=-646.104/( ( (11645.862 - 5289.242) + (11864.586 - 5262.844) )/ 2 )
=-646.104/( ( 6356.62 + 6601.742 )/ 2 )
=-646.104/6479.181
=-9.97 %

(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 -9.97% mean?
Angang Steel Co (FRA:GNV) has a ROCE % of -9.97% as of Mar. 2026.
Is Angang Steel Co's ROCE % too high?
Angang Steel Co's current ROCE % is -9.97%. Overall, Angang Steel Co has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Angang Steel Co's ROCE % compare to NUE and STLD?
Angang Steel Co's ROCE % of -9.97% can be compared against companies in the Steel industry. The industry median ROCE % is 5.50. 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 5.50, based on 621 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. 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 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Angang Steel Co's current ROCE % is -9.97%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Angang Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Angang Steel Co (FRA:GNV) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.13, compared to a current price of €0.12 — trading 10.8% below its estimated fair value. The current ROCE % is -9.97%. Angang Steel Co's overall GF Score™ is 57/100 with 5 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 Angang Steel Co (FRA:GNV), the current ROCE % is -9.97% 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 Angang Steel Co (FRA:GNV) Overvalued in 2026?

Based on GuruFocus' analysis, Angang Steel Co stock appears to be undervalued. The current stock price of €0.12 is trading 10.8% below its estimated GF Value™ of €0.13. GuruFocus considers Angang Steel Co to be Modestly Undervalued.

Key valuation signals for FRA:GNV:

  • ROCE %: -9.97%
  • GF Value™: €0.13 vs. price of €0.12 (10.8% below fair value)
  • GF Score™: 57/100 with 5 warning signs

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

Angang Steel Co Business Description

Address Production Area of Angang Steel, Tie Xi District, Liaoning Province, Anshan, CHN, 114021
Angang Steel Co Ltd is engaged in the iron and steel manufacturing industry, and at the same time focuses on developing emerging industries related to its core iron and steel business, including steel processing and distribution, the chemical industry, green energy, and resource recycling and utilization. The company is classified into the following operating segments based on the type of business: production and sale of steel products. Its products have diversified structures and include hot rolled sheets, medium and thick plates, cold rolled sheets, color coating plates, heavy rails, seamless steel pipes and wire rods, and other products. Geographically, the company derives a majority of its revenue from China, and also exports its products to other regions.
57GF Score

Get the complete analysis for FRA:GNV

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

€0.12
Price
€0.13
GF Value