ZEUS (Olympic Steel) ROCE %: 3.27% (As of Sep. 2025)

What is Olympic Steel ROCE %?

Olympic Steel ZEUS +0.06% 58 ROCE % is 3.27% as of Sep. 2025. GuruFocus rates ZEUS with a GF Score™ of 58/100 and a GF Value™ of $36.41. 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. Olympic Steel's annualized ROCE % for the quarter that ended in Sep. 2025 was 3.27%.

Olympic Steel (NAS:ZEUS) 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.

Olympic Steel ROCE % Related Terms

Olympic Steel ROCE % Historical Data

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The historical data trend for Olympic Steel'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.

Olympic Steel ROCE % Chart

Olympic Steel Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

ROCE %

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0.09

26.26

17.52

10.13

5.57

Olympic Steel Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25
ROCE %	Get a 7-Day Free Trial															3.71	4.11	3.48	5.17	3.27

58GF Score

Olympic Steel Inc ZEUS

ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.

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Olympic Steel ROCE % Calculation

Olympic Steel's annualized ROCE % for the fiscal year that ended in Dec. 2024 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2024 )		(A: Dec. 2023 )		(A: Dec. 2024 )
	=	47.766	/	( ( (984.835 - 180.237)	+	(1044.496 - 132.638) )	/ 2 )
	=	47.766	/	( (804.598	+	911.858)	/ 2 )
	=	47.766	/	858.228
	=	5.57 %

Olympic Steel's ROCE % of for the quarter that ended in Sep. 2025 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2025 )		(Q: Jun. 2025 )		(Q: Sep. 2025 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2025 )		(Q: Jun. 2025 )		(Q: Sep. 2025 )
	=	29	/	( ( (1074.91 - 194.338)	+	(1090.058 - 196.896) )	/ 2 )
	=	29	/	( ( 880.572	+	893.162 )	/ 2 )
	=	29	/	886.867
	=	3.27 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2025) EBIT data.

Frequently Asked Questions Learn more about ROCE % →

What does a ROCE % of 3.27% mean?

Olympic Steel (ZEUS) has a ROCE % of 3.27% as of Sep. 2025.

Is Olympic Steel's ROCE % too high?

Olympic Steel's current ROCE % is 3.27%. The Steel industry median ROCE % is 5.61. Olympic Steel's value of 3.27% is 41.7% below this industry median. Overall, Olympic Steel has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.

How does Olympic Steel's ROCE % compare to MSB and NWPX?

Olympic Steel's ROCE % of 3.27% can be compared against companies in the Steel industry. The industry median ROCE % is 5.61. Olympic Steel's value of 3.27% is 41.7% below 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. Olympic Steel's current ROCE % of 3.27% is 41.7% below 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. Olympic Steel's current ROCE % is 3.27%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Olympic Steel stock overvalued right now?

Olympic Steel (ZEUS) has a current ROCE % of 3.27%. The stock's GF Value™ is $36.41, compared to a current price of $47.86 — trading 31.4% above its estimated fair value. The current ROCE % is 3.27% and 41.7% below the Steel industry median of 5.61. Olympic Steel's overall GF Score™ is 58/100 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 Olympic Steel (ZEUS), the current ROCE % is 3.27% as of Sep. 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 Olympic Steel (ZEUS) Overvalued in 2026?

Based on GuruFocus' analysis, Olympic Steel stock appears to be overvalued. The current stock price of $47.86 is trading 31.4% above its estimated GF Value™ of $36.41.

Key valuation signals for ZEUS:

ROCE %: 3.27%
GF Value™: $36.41 vs. price of $47.86 (31.4% above fair value)
GF Score™: 58/100 with 8 warning signs
Industry Position: 41.7% below the Steel median

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

Olympic Steel Business Description

Industry Basic Materials Steel

Comparable Companies MSB NWPX MTUS LUD FRD HLP KBSX ZKIN HUDI INHD XAMS:MT NUE BOM:500228 NSE:TATASTEEL STLD TSE:5401 SHSE:600019 XKRX:005490 SHSE:600010 RS

Address 22901 Millcreek Boulevard, Suite 650, Highland Hills, OH, USA, 44122

Website https://www.olysteel.com

Olympic Steel Inc provides metals processing and distribution services in the United States. The company operates in three reportable segments; specialty metals flat products, carbon flat products, and tubular and pipe products. It specializes in the processing and distribution of large volumes of carbon, aluminum, and stainless steel flat-rolled sheet, coils, plates, bars, and fabricated parts. The group serves various industries such as industrial machinery and equipment manufacturers, automobile manufacturers and suppliers, and transportation equipment manufacturers. The company generates majority of the revenue from carbon flat products.

58GF Score

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$47.86

Price

$36.41

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