Shah Metacorp (NSE:SHAH) ROCE %: 8.58% (As of Mar. 2026)

What is Shah Metacorp ROCE %?

Shah Metacorp NSE:SHAH +0.48% 61 ROCE % is 8.58% as of Mar. 2026. GuruFocus rates NSE:SHAH with a GF Score™ of 61/100 and a GF Value™ of ₹2.93 (Significantly Overvalued). The stock has 4 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. Shah Metacorp's annualized ROCE % for the quarter that ended in Mar. 2026 was 8.58%.

Shah Metacorp (NSE:SHAH) 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.

Shah Metacorp ROCE % Related Terms

Shah Metacorp ROCE % Historical Data

* Premium members only.

The historical data trend for Shah Metacorp'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.

Shah Metacorp ROCE % Chart

Shah Metacorp Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Mar25

Mar26

ROCE %

Get a 7-Day Free Trial

6.51

0.06

5.06

25.52

4.85

Shah Metacorp 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															5.01	6.13	1.30	2.06	8.58

61GF Score

Shah Metacorp Ltd NSE:SHAH

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

View Full Analysis

Shah Metacorp ROCE % Calculation

Shah Metacorp's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Mar. 2026 )		(A: Mar. 2025 )		(A: Mar. 2026 )
	=	177.141	/	( ( (1981.401 - 148.351)	+	(5656.574 - 179.934) )	/ 2 )
	=	177.141	/	( (1833.05	+	5476.64)	/ 2 )
	=	177.141	/	3654.845
	=	4.85 %

Shah Metacorp'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 )
	=	469.788	/	( ( (0 - 0)	+	(5656.574 - 179.934) )	/ 1 )
	=	469.788	/	( ( 0	+	5476.64 )	/ 1 )
	=	469.788	/	5476.64
	=	8.58 %

(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 8.58% mean?

Shah Metacorp (NSE:SHAH) has a ROCE % of 8.58% as of Mar. 2026.

Is Shah Metacorp's ROCE % too high?

Shah Metacorp's current ROCE % is 8.58%. The Steel industry median ROCE % is 5.51. Shah Metacorp's value of 8.58% is 55.7% above this industry median. Overall, Shah Metacorp has a GF Score™ of 61/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Shah Metacorp's ROCE % compare to NUE and STLD?

Shah Metacorp's ROCE % of 8.58% can be compared against companies in the Steel industry. The industry median ROCE % is 5.51. Shah Metacorp's value of 8.58% is 55.7% 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 5.51, 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. Shah Metacorp's current ROCE % of 8.58% is 55.7% 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 5.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shah Metacorp's current ROCE % is 8.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Shah Metacorp stock overvalued right now?

Based on GuruFocus' analysis, Shah Metacorp (NSE:SHAH) is currently considered Significantly Overvalued. The stock's GF Value™ is ₹2.93, compared to a current price of ₹4.15 — trading 41.6% above its estimated fair value. The current ROCE % is 8.58% and 55.7% above the Steel industry median of 5.51. Shah Metacorp's overall GF Score™ is 61/100 with 4 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 Shah Metacorp (NSE:SHAH), the current ROCE % is 8.58% 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 Shah Metacorp (NSE:SHAH) Overvalued in 2026?

Based on GuruFocus' analysis, Shah Metacorp stock appears to be overvalued. The current stock price of ₹4.15 is trading 41.6% above its estimated GF Value™ of ₹2.93. GuruFocus considers Shah Metacorp to be Significantly Overvalued.

Key valuation signals for NSE:SHAH:

ROCE %: 8.58%
GF Value™: ₹2.93 vs. price of ₹4.15 (41.6% above fair value)
GF Score™: 61/100 with 4 warning signs
Industry Position: 55.7% above the Steel median

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

Shah Metacorp Business Description

Industry Basic Materials Steel

Comparable Companies BOM:533270 BOM:513544 NSE:VRAJ BOM:531638 BOM:544541 NSE:PSRAJ BOM:541701 NSE:JAINAM BOM:518075 BOM:539044 NUE XAMS:MT STLD BOM:500228 NSE:TATASTEEL RS TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010

Other Exchanges 533275:India

Address Ashram Road, Mrudul Tower, 2nd Floor, Behind Times of India, Ahmedabad, GJ, IND, 380009

Website https://www.gyscoal.com

Shah Metacorp Ltd manufactures, exports, and supplies Stainless Steel Long Products. The company's product portfolio includes Equal Angle bars, Bright bars, Flat bars, Flats (pata), and Ingots. The company operates in only one segment, being SS Products.

61GF Score

Get the complete analysis for NSE:SHAH

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

₹4.15

Price

₹2.93

GF Value

View NSE:SHAH Analysis

See ROCE % data for all stocks →