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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 Krakatau Steel (Persero) Tbk's annualized ROCE % for the quarter that ended in Mar. 2026 was 5.84%.
PT Krakatau Steel (Persero) Tbk (ISX:KRAS) 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 Krakatau Steel (Persero) Tbk ROCE % Related Terms
PT Krakatau Steel (Persero) Tbk ROCE % Historical 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.
(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.
PT Krakatau Steel (Persero) Tbk (ISX:KRAS) has a ROCE % of 5.84% as of Mar. 2026.
Is PT Krakatau Steel (Persero) Tbk's ROCE % too high?
PT Krakatau Steel (Persero) Tbk's current ROCE % is 5.84%. The Steel industry median ROCE % is 5.63. PT Krakatau Steel (Persero) Tbk's value of 5.84% is 3.8% above this industry median. Overall, PT Krakatau Steel (Persero) Tbk has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does PT Krakatau Steel (Persero) Tbk's ROCE % compare to NUE and STLD?
PT Krakatau Steel (Persero) Tbk's ROCE % of 5.84% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. PT Krakatau Steel (Persero) Tbk's value of 5.84% is 3.8% 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 620 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 Krakatau Steel (Persero) Tbk's current ROCE % of 5.84% is 3.8% 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 Krakatau Steel (Persero) Tbk's current ROCE % is 5.84%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Krakatau Steel (Persero) Tbk stock overvalued right now?
Based on GuruFocus' analysis, PT Krakatau Steel (Persero) Tbk (ISX:KRAS) is currently considered Significantly Overvalued. The stock's GF Value™ is Rp147.89, compared to a current price of Rp228.00 — trading 54.2% above its estimated fair value. The current ROCE % is 5.84% and 3.8% above the Steel industry median of 5.63. PT Krakatau Steel (Persero) Tbk's overall GF Score™ is 44/100 with 7 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 Krakatau Steel (Persero) Tbk (ISX:KRAS), the current ROCE % is 5.84% 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 Krakatau Steel (Persero) Tbk (ISX:KRAS) Overvalued in 2026?
Based on GuruFocus' analysis, PT Krakatau Steel (Persero) Tbk stock appears to be overvalued.
The current stock price of Rp228.00 is trading 54.2% above its estimated GF Value™ of Rp147.89.
GuruFocus considers PT Krakatau Steel (Persero) Tbk to be Significantly Overvalued.
Key valuation signals for ISX:KRAS:
ROCE %: 5.84%
GF Value™: Rp147.89 vs. price of Rp228.00 (54.2% above fair value)
No single metric tells the full story. See the ISX:KRAS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
PT Krakatau Steel (Persero) Tbk Business Description
PT Krakatau Steel (Persero) Tbk is a steel producer in Indonesia. The company's products include Hot Rolled Coil, Cold Rolled Coil, and Wire Rod. Along with its subsidiaries, The Company's core business activities include the production and sale of steel products, such as Hot Rolled Coil (HRC), Cold Rolled Coil (CRC), wire rods, steel pipes, steel sections, and reinforcing bars, as well as related services including coating and tolling. It operates in four segments: Steel Products; Infrastructure facilities segment; Engineering and Construction; and Other Services. It derives the majority of its revenue from the Steel Products segment.
44GF Score
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