SSAAY (SSAB AB (publ)) ROCE %: 10.66% (As of Mar. 2026)


SSAAY SSAB AB (publ) SSAAY
73 GF Score
Price $5.17
GF Value $2.96
Valuation Significantly Overvalued
! 8 Warning Signs
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What is SSAB AB (publ) ROCE %?

SSAB AB (publ) SSAAY 73 ROCE % is 10.66% as of Mar. 2026. GuruFocus rates SSAAY with a GF Score™ of 73/100 and a GF Value™ of $2.96 (Significantly Overvalued). The stock has 8 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. SSAB AB (publ)'s annualized ROCE % for the quarter that ended in Mar. 2026 was 10.66%.

SSAB AB (publ)  (OTCPK:SSAAY) 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.

SSAB AB (publ) ROCE % Related Terms

SSAB AB (publ) ROCE % Historical Data

* Premium members only.

The historical data trend for SSAB AB (publ)'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.

SSAB AB (publ) ROCE % Chart

SSAB AB (publ) Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.86 -4.63 22.12 10.70 9.04

SSAB AB (publ) 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 6.84 11.05 9.64 3.73 10.66
SSAAY
73GF Score
SSAB AB (publ) SSAAY
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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SSAB AB (publ) ROCE % Calculation

SSAB AB (publ)'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 )
=734.492/( ( (10079.927 - 2484.388) + (11419.702 - 2771.615) )/ 2 )
=734.492/( (7595.539+8648.087)/ 2 )
=734.492/8121.813
=9.04 %

SSAB AB (publ)'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 )
=935.476/( ( (11419.702 - 2771.615) + (11645.129 - 2748.143) )/ 2 )
=935.476/( ( 8648.087 + 8896.986 )/ 2 )
=935.476/8772.5365
=10.66 %

(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 10.66% mean?
SSAB AB (publ) (SSAAY) has a ROCE % of 10.66% as of Mar. 2026.
Is SSAB AB (publ)'s ROCE % too high?
SSAB AB (publ)'s current ROCE % is 10.66%. The Steel industry median ROCE % is 5.61. SSAB AB (publ)'s value of 10.66% is 90% above this industry median. Overall, SSAB AB (publ) has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SSAB AB (publ)'s ROCE % compare to NUE and STLD?
SSAB AB (publ)'s ROCE % of 10.66% can be compared against companies in the Steel industry. The industry median ROCE % is 5.61. SSAB AB (publ)'s value of 10.66% is 90% 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. SSAB AB (publ)'s current ROCE % of 10.66% is 90% 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. SSAB AB (publ)'s current ROCE % is 10.66%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SSAB AB (publ) stock overvalued right now?
Based on GuruFocus' analysis, SSAB AB (publ) (SSAAY) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.96, compared to a current price of $5.17 — trading 74.5% above its estimated fair value. The current ROCE % is 10.66% and 90% above the Steel industry median of 5.61. SSAB AB (publ)'s overall GF Score™ is 73/100 with 8 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 SSAB AB (publ) (SSAAY), the current ROCE % is 10.66% 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 SSAB AB (publ) (SSAAY) Overvalued in 2026?

Based on GuruFocus' analysis, SSAB AB (publ) stock appears to be overvalued. The current stock price of $5.17 is trading 74.5% above its estimated GF Value™ of $2.96. GuruFocus considers SSAB AB (publ) to be Significantly Overvalued.

Key valuation signals for SSAAY:

  • ROCE %: 10.66%
  • GF Value™: $2.96 vs. price of $5.17 (74.5% above fair value)
  • GF Score™: 73/100 with 8 warning signs
  • Industry Position: 90% above the Steel median

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

SSAB AB (publ) Business Description

Address Klarabergsviadukten 70, Building A, 8th floor, Stockholm, SWE, 11164
SSAB AB (publ) is a Swedish steel producer specializing in high-strength and specialty steels for applications across industries like automotive, construction, heavy transport, mining, and energy. The company manufactures quenched and tempered steels, high-strength steels, heavy plates, strip products, and tubular goods through divisions including SSAB Special Steels, SSAB Europe, and SSAB Americas, Tibnor and Ruukki Construction with production sites mainly in Sweden, Finland, and the United States, Europe and rest of the world.
73GF Score

Get the complete analysis for SSAAY

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

$5.17
Price
$2.96
GF Value