PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) ROCE %: 8.03% (As of Mar. 2026)


FRA:S08 PT Steel Pipe Industry of Indonesia Tbk FRA:S08
77 GF Score
Price €0.01
GF Value €0.01
! 2 Warning Signs
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What is PT Steel Pipe Industry of Indonesia Tbk ROCE %?

PT Steel Pipe Industry of Indonesia Tbk FRA:S08 77 ROCE % is 8.03% as of Mar. 2026. GuruFocus rates FRA:S08 with a GF Score™ of 77/100 and a GF Value™ of €0.01. 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. PT Steel Pipe Industry of Indonesia Tbk's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.03%.

PT Steel Pipe Industry of Indonesia Tbk  (FRA:S08) 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.

PT Steel Pipe Industry of Indonesia Tbk ROCE % Related Terms

PT Steel Pipe Industry of Indonesia Tbk ROCE % Historical Data

* Premium members only.

The historical data trend for PT Steel Pipe Industry of Indonesia Tbk'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.

PT Steel Pipe Industry of Indonesia Tbk ROCE % Chart

PT Steel Pipe Industry of Indonesia Tbk 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 18.48 10.62 14.86 13.39 11.19

PT Steel Pipe Industry of Indonesia Tbk 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 8.85 12.77 14.24 12.84 8.03
FRA:S08
77GF Score
PT Steel Pipe Industry of Indonesia Tbk FRA:S08
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Steel Pipe Industry of Indonesia Tbk ROCE % Calculation

PT Steel Pipe Industry of Indonesia Tbk'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 )
=42.763/( ( (494.027 - 95.951) + (449.634 - 83.248) )/ 2 )
=42.763/( (398.076+366.386)/ 2 )
=42.763/382.231
=11.19 %

PT Steel Pipe Industry of Indonesia Tbk'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 )
=29.584/( ( (449.634 - 83.248) + (457.208 - 86.997) )/ 2 )
=29.584/( ( 366.386 + 370.211 )/ 2 )
=29.584/368.2985
=8.03 %

(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 8.03% mean?
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a ROCE % of 8.03% as of Mar. 2026.
Is PT Steel Pipe Industry of Indonesia Tbk's ROCE % too high?
PT Steel Pipe Industry of Indonesia Tbk's current ROCE % is 8.03%. The Steel industry median ROCE % is 5.63. PT Steel Pipe Industry of Indonesia Tbk's value of 8.03% is 42.8% above this industry median. Overall, PT Steel Pipe Industry of Indonesia Tbk has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does PT Steel Pipe Industry of Indonesia Tbk's ROCE % compare to NUE and STLD?
PT Steel Pipe Industry of Indonesia Tbk's ROCE % of 8.03% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. PT Steel Pipe Industry of Indonesia Tbk's value of 8.03% is 42.8% 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 5.63, based on 624 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. PT Steel Pipe Industry of Indonesia Tbk's current ROCE % of 8.03% is 42.8% 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 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. PT Steel Pipe Industry of Indonesia Tbk's current ROCE % is 8.03%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Steel Pipe Industry of Indonesia Tbk stock overvalued right now?
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a current ROCE % of 8.03%. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 45% above its estimated fair value. The current ROCE % is 8.03% and 42.8% above the Steel industry median of 5.63. PT Steel Pipe Industry of Indonesia Tbk's overall GF Score™ is 77/100 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 PT Steel Pipe Industry of Indonesia Tbk (FRA:S08), the current ROCE % is 8.03% 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 PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) Overvalued in 2026?

Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk stock appears to be overvalued. The current stock price of €0.01 is trading 45% above its estimated GF Value™ of €0.01.

Key valuation signals for FRA:S08:

  • ROCE %: 8.03%
  • GF Value™: €0.01 vs. price of €0.01 (45% above fair value)
  • GF Score™: 77/100 with 2 warning signs
  • Industry Position: 42.8% above the Steel median

No single metric tells the full story. See the FRA:S08 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PT Steel Pipe Industry of Indonesia Tbk Business Description

Other Exchanges ISSP:Indonesia
Address Jalan Kalibutuh No. 189-191, East Java, Surabaya, IDN, 60173
PT Steel Pipe Industry of Indonesia Tbk is an Indonesian-based company engaged in manufacturing steel pipes. The company's products include black pipes, water pipes, mechanical pipes, furniture pipes, API pipes, steel poles, spiral pipes, as well as industrial and ornamental stainless steel pipes. The segments of the company are Steel Pipe Mill, Spiral Steel Pipe Mill, Strips and Plate, Services, and others. The company's products are used for furniture, water supply systems, general construction, automotive components, oil and gas, mechanical structures, and chemical industries. Geographically, all operations functioned through the regions of Indonesia.
77GF Score

Get the complete analysis for FRA:S08

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

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