Reliance (MEX:RS) ROCE %: 15.14% (As of Mar. 2026)

What is Reliance ROCE %?

Reliance MEX:RS 88 ROCE % is 15.14% as of Mar. 2026. GuruFocus rates MEX:RS with a GF Score™ of 88/100 and a GF Value™ of MXN4,655.73. 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. Reliance's annualized ROCE % for the quarter that ended in Mar. 2026 was 15.14%.

Reliance (MEX:RS) 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.

Reliance ROCE % Related Terms

Reliance ROCE % Historical Data

* Premium members only.

The historical data trend for Reliance'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.

Reliance ROCE % Chart

Reliance Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

ROCE %

Get a 7-Day Free Trial

25.81

28.93

18.87

15.42

11.50

Reliance 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															12.16	13.44	11.07	11.61	15.14

88GF Score

Reliance Inc MEX:RS

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

View Full Analysis

Reliance ROCE % Calculation

Reliance'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 )
	=	20422.065	/	( ( (209011.654 - 25297.964)	+	(186778.528 - 15270.634) )	/ 2 )
	=	20422.065	/	( (183713.69	+	171507.894)	/ 2 )
	=	20422.065	/	177610.792
	=	11.50 %

Reliance'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 )
	=	26320.528	/	( ( (186778.528 - 15270.634)	+	(194920.864 - 18804.5) )	/ 2 )
	=	26320.528	/	( ( 171507.894	+	176116.364 )	/ 2 )
	=	26320.528	/	173812.129
	=	15.14 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 15.14% mean?

Reliance (MEX:RS) has a ROCE % of 15.14% as of Mar. 2026.

Is Reliance's ROCE % too high?

Reliance's current ROCE % is 15.14%. The Steel industry median ROCE % is 5.61. Reliance's value of 15.14% is 169.9% above this industry median. Overall, Reliance has a GF Score™ of 88/100, reflecting its overall financial health beyond just this single metric.

How does Reliance's ROCE % compare to TX and CLF?

Reliance's ROCE % of 15.14% can be compared against companies in the Steel industry. The industry median ROCE % is 5.61. Reliance's value of 15.14% is 169.9% 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 5.61, based on 625 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. Reliance's current ROCE % of 15.14% is 169.9% 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 5.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Reliance's current ROCE % is 15.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Reliance stock overvalued right now?

Reliance (MEX:RS) has a current ROCE % of 15.14%. The stock's GF Value™ is MXN4,655.73, compared to a current price of MXN5,529.80 — trading 18.8% above its estimated fair value. The current ROCE % is 15.14% and 169.9% above the Steel industry median of 5.61. Reliance's overall GF Score™ is 88/100 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 Reliance (MEX:RS), the current ROCE % is 15.14% 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 Reliance (MEX:RS) Overvalued in 2026?

Based on GuruFocus' analysis, Reliance stock appears to be overvalued. The current stock price of MXN5,529.80 is trading 18.8% above its estimated GF Value™ of MXN4,655.73.

Key valuation signals for MEX:RS:

ROCE %: 15.14%
GF Value™: MXN4,655.73 vs. price of MXN5,529.80 (18.8% above fair value)
GF Score™: 88/100 with 9 warning signs
Industry Position: 169.9% above the Steel median

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

Reliance Business Description

Industry Basic Materials Steel

Comparable Companies TX CLF WS STLD NWPX MTUS MSB FRD LUD ZKIN NUE XAMS:MT BOM:500228 NSE:TATASTEEL XKRX:005490 SHSE:600019 TSE:5401 SHSE:600010 BOM:532286 BOM:512455

Other Exchanges RS:USA RS6:Germany

Address 735 North 19th Avenue, Phoenix, AZ, USA, 85009

Website https://www.reliance.com

Reliance Inc operates a network of companies providing diversified metal solutions and is the metals service center company. It distributes a full line of over 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium and other specialty steel products. The company services more than 125,000 customers in a variety of industries, including consumer products, general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, industrial machinery and heavy industry. It also services the auto industry, through its toll processing operations where it processes customer-owned metal for a fee.

88GF Score

Get the complete analysis for MEX:RS

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

MXN5,529.80

Price

MXN4,655.73

GF Value

View MEX:RS Analysis

See ROCE % data for all stocks →