USNMY (Usinas Siderurgicas de Minas Gerais) ROCE %: 9.10% (As of Mar. 2026)


What is Usinas Siderurgicas de Minas Gerais ROCE %?

Usinas Siderurgicas de Minas Gerais USNMY 60 ROCE % is 9.10% as of Mar. 2026. GuruFocus rates USNMY with a GF Score™ of 60/100. The stock has 5 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. Usinas Siderurgicas de Minas Gerais's annualized ROCE % for the quarter that ended in Mar. 2026 was 9.10%.

Usinas Siderurgicas de Minas Gerais  (OTCPK:USNMY) 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.

Usinas Siderurgicas de Minas Gerais ROCE % Related Terms

Usinas Siderurgicas de Minas Gerais ROCE % Historical Data

* Premium members only.

The historical data trend for Usinas Siderurgicas de Minas Gerais'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.

Usinas Siderurgicas de Minas Gerais ROCE % Chart

Usinas Siderurgicas de Minas Gerais 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 41.16 11.83 5.54 1.50 -1.81

Usinas Siderurgicas de Minas Gerais 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 8.06 0.56 -25.98 4.61 9.10

Usinas Siderurgicas de Minas Gerais ROCE % Calculation

Usinas Siderurgicas de Minas Gerais'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 )
=-104.368/( ( (6535.288 - 783.971) + (6540.823 - 747.569) )/ 2 )
=-104.368/( (5751.317+5793.254)/ 2 )
=-104.368/5772.2855
=-1.81 %

Usinas Siderurgicas de Minas Gerais'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 )
=534.816/( ( (6540.823 - 747.569) + (6645.694 - 686.079) )/ 2 )
=534.816/( ( 5793.254 + 5959.615 )/ 2 )
=534.816/5876.4345
=9.10 %

(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 9.10% mean?
Usinas Siderurgicas de Minas Gerais (USNMY) has a ROCE % of 9.10% as of Mar. 2026.
Is Usinas Siderurgicas de Minas Gerais' ROCE % too high?
Usinas Siderurgicas de Minas Gerais' current ROCE % is 9.10%. The Steel industry median ROCE % is 5.63. Usinas Siderurgicas de Minas Gerais' value of 9.10% is 61.8% above this industry median. Overall, Usinas Siderurgicas de Minas Gerais has a GF Score™ of 60/100, reflecting its overall financial health beyond just this single metric.
How does Usinas Siderurgicas de Minas Gerais' ROCE % compare to NUE and STLD?
Usinas Siderurgicas de Minas Gerais' ROCE % of 9.10% can be compared against companies in the Steel industry. The industry median ROCE % is 5.63. Usinas Siderurgicas de Minas Gerais' value of 9.10% is 61.8% 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 5.63, 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. Usinas Siderurgicas de Minas Gerais's current ROCE % of 9.10% is 61.8% 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 5.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Usinas Siderurgicas de Minas Gerais's current ROCE % is 9.10%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Usinas Siderurgicas de Minas Gerais stock overvalued right now?
Usinas Siderurgicas de Minas Gerais (USNMY) has a current ROCE % of 9.10%. The current ROCE % is 9.10% and 61.8% above the Steel industry median of 5.63. Usinas Siderurgicas de Minas Gerais' overall GF Score™ is 60/100 with 5 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 Usinas Siderurgicas de Minas Gerais (USNMY), the current ROCE % is 9.10% 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.

Usinas Siderurgicas de Minas Gerais Business Description

Address Av. do Contorno, 6594, 11th Floor Funcionarios, Belo Horizonte, MG, BRA, 30110-044
Usinas Siderurgicas de Minas Gerais SA is a Brazil-based company engaged in producing and distributing flat steel products. The company's product portfolio comprises ordinary heavy plates, Sincron series premium heavy plates, hot strips, cold-rolled, and galvanized products. These products are used in automotive, civil construction, railway, electric, white goods, offshore platforms, and agricultural and construction machinery. The Brazilian domestic market represents the majority of the company's sales, while the United States, Argentina, and Turkey are the export destination markets for the company.