Steel Strips Wheels (NSE:SSWL) ROCE %: 20.73% (As of Mar. 2026)


NSE:SSWL Steel Strips Wheels Ltd NSE:SSWL
86 GF Score
Price ₹229.87
GF Value ₹258.12
Valuation Modestly Undervalued
! 4 Warning Signs
View Full Analysis

What is Steel Strips Wheels ROCE %?

Steel Strips Wheels NSE:SSWL -1.58% 86 ROCE % is 20.73% as of Mar. 2026. GuruFocus rates NSE:SSWL with a GF Score™ of 86/100 and a GF Value™ of ₹258.12 (Modestly Undervalued). 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. Steel Strips Wheels's annualized ROCE % for the quarter that ended in Mar. 2026 was 20.73%.

Steel Strips Wheels  (NSE:SSWL) 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.

Steel Strips Wheels ROCE % Related Terms

Steel Strips Wheels ROCE % Historical Data

* Premium members only.

The historical data trend for Steel Strips Wheels'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.

Steel Strips Wheels ROCE % Chart

Steel Strips Wheels Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.97 24.25 47.86 18.89 17.83

Steel Strips Wheels 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 21.20 17.74 15.69 18.26 20.73
NSE:SSWL
86GF Score
Steel Strips Wheels Ltd NSE:SSWL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steel Strips Wheels ROCE % Calculation

Steel Strips Wheels'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 )
=3773.627/( ( (33989.128 - 13706.124) + (38313.793 - 16264.616) )/ 2 )
=3773.627/( (20283.004+22049.177)/ 2 )
=3773.627/21166.0905
=17.83 %

Steel Strips Wheels'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 )
=4570.164/( ( (0 - 0) + (38313.793 - 16264.616) )/ 1 )
=4570.164/( ( 0 + 22049.177 )/ 1 )
=4570.164/22049.177
=20.73 %

(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 20.73% mean?
Steel Strips Wheels (NSE:SSWL) has a ROCE % of 20.73% as of Mar. 2026.
Is Steel Strips Wheels' ROCE % too high?
Steel Strips Wheels' current ROCE % is 20.73%. The Vehicles & Parts industry median ROCE % is 7.94. Steel Strips Wheels' value of 20.73% is 161.1% above this industry median. Overall, Steel Strips Wheels has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Steel Strips Wheels' ROCE % compare to ORLY and AZO?
Steel Strips Wheels' ROCE % of 20.73% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Steel Strips Wheels' value of 20.73% is 161.1% 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. Steel Strips Wheels's current ROCE % of 20.73% is 161.1% 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Steel Strips Wheels's current ROCE % is 20.73%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel Strips Wheels stock overvalued right now?
Based on GuruFocus' analysis, Steel Strips Wheels (NSE:SSWL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹258.12, compared to a current price of ₹229.87 — trading 10.9% below its estimated fair value. The current ROCE % is 20.73% and 161.1% above the Vehicles & Parts industry median of 7.94. Steel Strips Wheels' overall GF Score™ is 86/100 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 Steel Strips Wheels (NSE:SSWL), the current ROCE % is 20.73% 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 Steel Strips Wheels (NSE:SSWL) Overvalued in 2026?

Based on GuruFocus' analysis, Steel Strips Wheels stock appears to be undervalued. The current stock price of ₹229.87 is trading 10.9% below its estimated GF Value™ of ₹258.12. GuruFocus considers Steel Strips Wheels to be Modestly Undervalued.

Key valuation signals for NSE:SSWL:

  • ROCE %: 20.73%
  • GF Value™: ₹258.12 vs. price of ₹229.87 (10.9% below fair value)
  • GF Score™: 86/100 with 4 warning signs
  • Industry Position: 161.1% above the Vehicles & Parts median

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

Steel Strips Wheels Business Description

Other Exchanges 513262:India
Address Madhya Marg, SCO 49-50, Sector 26, Chandigarh, IND, 160 019
Steel Strips Wheels Ltd is an India-based automotive steel wheel manufacturing company. It is engaged in the designing and manufacturing business of Steel wheel rims and Alloy wheel rims catering to different segments of the automobile industry. The company operates in India and has a presence in international markets as well. The group generates the majority of its revenue from India.
86GF Score

Get the complete analysis for NSE:SSWL

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

₹229.87
Price
₹258.12
GF Value