Watani Iron Steel Co (SAU:9513) ROCE %: 6.47% (As of Mar. 2026)


SAU:9513 Watani Iron Steel Co SAU:9513
61 GF Score
Price ﷼2.08
GF Value ﷼1.94
Valuation Fairly Valued
! 7 Warning Signs
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What is Watani Iron Steel Co ROCE %?

Watani Iron Steel Co SAU:9513 +0.48% 61 ROCE % is 6.47% as of Mar. 2026. GuruFocus rates SAU:9513 with a GF Score™ of 61/100 and a GF Value™ of ﷼1.94 (Fairly Valued). The stock has 7 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. Watani Iron Steel Co's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.47%.

Watani Iron Steel Co  (SAU:9513) 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.

Watani Iron Steel Co ROCE % Related Terms

Watani Iron Steel Co ROCE % Historical Data

* Premium members only.

The historical data trend for Watani Iron Steel Co'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.

Watani Iron Steel Co ROCE % Chart

Watani Iron Steel Co Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial 28.91 26.59 4.63 6.62 -3.40

Watani Iron Steel Co Quarterly Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 6.66 -0.58 -4.81 -15.04 6.47
SAU:9513
61GF Score
Watani Iron Steel Co SAU:9513
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Watani Iron Steel Co ROCE % Calculation

Watani Iron Steel Co'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 )
=-8.603/( ( (370.042 - 110.443) + (374.567 - 128.52) )/ 2 )
=-8.603/( (259.599+246.047)/ 2 )
=-8.603/252.823
=-3.40 %

Watani Iron Steel Co'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 )
=16.012/( ( (374.567 - 128.52) + (384.46 - 135.287) )/ 2 )
=16.012/( ( 246.047 + 249.173 )/ 2 )
=16.012/247.61
=6.47 %

(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 6.47% mean?
Watani Iron Steel Co (SAU:9513) has a ROCE % of 6.47% as of Mar. 2026.
Is Watani Iron Steel Co's ROCE % too high?
Watani Iron Steel Co's current ROCE % is 6.47%. The Steel industry median ROCE % is 5.52. Watani Iron Steel Co's value of 6.47% is 17.2% above this industry median. Overall, Watani Iron Steel Co has a GF Score™ of 61/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Watani Iron Steel Co's ROCE % compare to NUE and STLD?
Watani Iron Steel Co's ROCE % of 6.47% can be compared against companies in the Steel industry. The industry median ROCE % is 5.52. Watani Iron Steel Co's value of 6.47% is 17.2% 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 5.52, based on 619 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. Watani Iron Steel Co's current ROCE % of 6.47% is 17.2% 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 5.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Watani Iron Steel Co's current ROCE % is 6.47%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Watani Iron Steel Co stock overvalued right now?
Based on GuruFocus' analysis, Watani Iron Steel Co (SAU:9513) is currently considered Fairly Valued. The stock's GF Value™ is ﷼1.94, compared to a current price of ﷼2.08 — trading 7.2% above its estimated fair value. The current ROCE % is 6.47% and 17.2% above the Steel industry median of 5.52. Watani Iron Steel Co's overall GF Score™ is 61/100 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 Watani Iron Steel Co (SAU:9513), the current ROCE % is 6.47% 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 Watani Iron Steel Co (SAU:9513) Overvalued in 2026?

Based on GuruFocus' analysis, Watani Iron Steel Co stock appears to be overvalued. The current stock price of ﷼2.08 is trading 7.2% above its estimated GF Value™ of ﷼1.94. GuruFocus considers Watani Iron Steel Co to be Fairly Valued.

Key valuation signals for SAU:9513:

  • ROCE %: 6.47%
  • GF Value™: ﷼1.94 vs. price of ﷼2.08 (7.2% above fair value)
  • GF Score™: 61/100 with 7 warning signs
  • Industry Position: 17.2% above the Steel median

No single metric tells the full story. See the SAU:9513 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Watani Iron Steel Co Business Description

Address Al Kharj Old Street, P.O. Box 355355, Al Hyt District, Riyadh, SAU, 11383
Watani Iron Steel Co is engaged in the manufacture of primary iron products in the form of blocks of substrates and waste after being melted, as well as the manufacture of sheet plates, strip coils, bar bars, wire corners, and clips of all shapes.
61GF Score

Get the complete analysis for SAU:9513

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

﷼2.08
Price
﷼1.94
GF Value