Steel & Tube Holdings (NZSE:STU) ROCE %: -7.88% (As of Dec. 2025)


NZSE:STU Steel & Tube Holdings Ltd NZSE:STU
40 GF Score
Price NZ$0.35
GF Value NZ$0.73
Valuation Possible Value Trap
! 4 Warning Signs
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What is Steel & Tube Holdings ROCE %?

Steel & Tube Holdings NZSE:STU 40 ROCE % is -7.88% as of Dec. 2025. GuruFocus rates NZSE:STU with a GF Score™ of 40/100 and a GF Value™ of NZ$0.73 (Possible Value Trap). 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 & Tube Holdings's annualized ROCE % for the quarter that ended in Dec. 2025 was -7.88%.

Steel & Tube Holdings  (NZSE:STU) 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 & Tube Holdings ROCE % Related Terms

Steel & Tube Holdings ROCE % Historical Data

* Premium members only.

The historical data trend for Steel & Tube Holdings'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 & Tube Holdings ROCE % Chart

Steel & Tube Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.57 16.39 10.68 1.64 -10.23

Steel & Tube Holdings Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 7.14 -3.79 -7.38 -13.96 -7.88
NZSE:STU
40GF Score
Steel & Tube Holdings Ltd NZSE:STU
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Steel & Tube Holdings ROCE % Calculation

Steel & Tube Holdings's annualized ROCE % for the fiscal year that ended in Jun. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Jun. 2025 )  (A: Jun. 2024 )(A: Jun. 2025 )
=-31.629/( ( (353.809 - 56.658) + (402.599 - 81.655) )/ 2 )
=-31.629/( (297.151+320.944)/ 2 )
=-31.629/309.0475
=-10.23 %

Steel & Tube Holdings's ROCE % of for the quarter that ended in Dec. 2025 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2025 )  (Q: Jun. 2025 )(Q: Dec. 2025 )
=-23.492/( ( (402.599 - 81.655) + (393.166 - 117.837) )/ 2 )
=-23.492/( ( 320.944 + 275.329 )/ 2 )
=-23.492/298.1365
=-7.88 %

(1) Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 -7.88% mean?
Steel & Tube Holdings (NZSE:STU) has a ROCE % of -7.88% as of Dec. 2025.
Is Steel & Tube Holdings' ROCE % too high?
Steel & Tube Holdings' current ROCE % is -7.88%. Overall, Steel & Tube Holdings has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Steel & Tube Holdings' ROCE % compare to NUE and STLD?
Steel & Tube Holdings' ROCE % of -7.88% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. 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. 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. Steel & Tube Holdings's current ROCE % is -7.88%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Steel & Tube Holdings stock overvalued right now?
Based on GuruFocus' analysis, Steel & Tube Holdings (NZSE:STU) is currently considered Possible Value Trap. The stock's GF Value™ is NZ$0.73, compared to a current price of NZ$0.35 — trading 52.1% below its estimated fair value. The current ROCE % is -7.88%. Steel & Tube Holdings' overall GF Score™ is 40/100 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 & Tube Holdings (NZSE:STU), the current ROCE % is -7.88% as of Dec. 2025. 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 & Tube Holdings (NZSE:STU) Overvalued in 2026?

Based on GuruFocus' analysis, Steel & Tube Holdings stock appears to be undervalued. The current stock price of NZ$0.35 is trading 52.1% below its estimated GF Value™ of NZ$0.73. GuruFocus considers Steel & Tube Holdings to be Possible Value Trap.

Key valuation signals for NZSE:STU:

  • ROCE %: -7.88%
  • GF Value™: NZ$0.73 vs. price of NZ$0.35 (52.1% below fair value)
  • GF Score™: 40/100 with 4 warning signs

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

Steel & Tube Holdings Business Description

Address 7 Bruce Roderick Drive, East Tamaki, Auckland, NTL, NZL, 2013
Steel & Tube Holdings Ltd is a New Zealand-based company. The company is a provider of steel solutions. It is a distributor and manufacturer of steel products including steel, stainless steel, architectural stainless, pipe, fittings and valves, pipe and cable supports, fastenings, roofing and cladding, and many more. The company's operating segments include Distribution and Infrastructure. It generates maximum revenue from the Distribution segment.
40GF Score

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

NZ$0.35
Price
NZ$0.73
GF Value