Vulcan Steel (ASX:VSL) Tax Rate %: 29.18% (As of Dec. 2025)


ASX:VSL Vulcan Steel Ltd ASX:VSL
58 GF Score
Price A$4.92
GF Value A$6.19
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Vulcan Steel Tax Rate %?

Vulcan Steel ASX:VSL -3.91% 58 Tax Rate % is 29.18% as of Dec. 2025. GuruFocus rates ASX:VSL with a GF Score™ of 58/100 and a GF Value™ of A$6.19 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Vulcan Steel's Tax Expense for the six months ended in Dec. 2025 was A$3.1 Mil. Vulcan Steel's Pre-Tax Income for the six months ended in Dec. 2025 was A$10.7 Mil. Therefore, Vulcan Steel's Tax Rate % for the quarter that ended in Dec. 2025 was 29.18%.


Vulcan Steel Tax Rate % Related Terms


Vulcan Steel Tax Rate % Historical Data

* Premium members only.

The historical data trend for Vulcan Steel's Tax Rate % 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.

Vulcan Steel Tax Rate % Chart

Vulcan Steel Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Tax Rate %
31.63 29.62 32.06 29.65

Vulcan Steel Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Tax Rate % Get a 7-Day Free Trial Premium Member Only 32.25 31.70 33.16 24.05 29.18
ASX:VSL
58GF Score
Vulcan Steel Ltd ASX:VSL
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Vulcan Steel Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Vulcan Steel's Tax Rate % for the fiscal year that ended in Jun. 2025 is calculated as

Tax Rate %=Tax Expense (A: Jun. 2025 )/Pre-Tax Income (A: Jun. 2025 )
=6.145/20.724
=29.65 %

Vulcan Steel's Tax Rate % for the quarter that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2025 )/Pre-Tax Income (Q: Dec. 2025 )
=3.118/10.686
=29.18 %

* 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 Tax Rate % →
What does a Tax Rate % of 29.18% mean?
Vulcan Steel (ASX:VSL) has a Tax Rate % of 29.18% as of Dec. 2025.
Is Vulcan Steel's Tax Rate % too high?
Vulcan Steel's current Tax Rate % is 29.18%. Overall, Vulcan Steel has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vulcan Steel's Tax Rate % compare to NUE and STLD?
Vulcan Steel's Tax Rate % of 29.18% can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Steel company?
A good Tax Rate % depends on the Steel industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Vulcan Steel's current Tax Rate % is 29.18%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vulcan Steel stock overvalued right now?
Based on GuruFocus' analysis, Vulcan Steel (ASX:VSL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$6.19, compared to a current price of A$4.92 — trading 20.5% below its estimated fair value. The current Tax Rate % is 29.18%. Vulcan Steel's overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Vulcan Steel (ASX:VSL), the current Tax Rate % is 29.18% 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 Vulcan Steel (ASX:VSL) Overvalued in 2026?

Based on GuruFocus' analysis, Vulcan Steel stock appears to be undervalued. The current stock price of A$4.92 is trading 20.5% below its estimated GF Value™ of A$6.19. GuruFocus considers Vulcan Steel to be Modestly Undervalued.

Key valuation signals for ASX:VSL:

  • Tax Rate %: 29.18%
  • GF Value™: A$6.19 vs. price of A$4.92 (20.5% below fair value)
  • GF Score™: 58/100 with 5 warning signs

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


Vulcan Steel Business Description

Other Exchanges VSL:New Zealand
Address 29 Neales Road, East Tamaki, Auckland, NTL, NZL, 2013
Vulcan Steel Ltd is a metals distributor and processor. Its products include Steel, Stainless Steel, Engineering steel, Plate processing, and Coil processing. The company has two operating segments namely, the Steel business across New Zealand and Australia which includes Steel distribution, Plate processing, and Coil processing; and Metals business across New Zealand, which includes Stainless Steel, Engineering Steel, and Aluminium.
58GF Score

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

A$4.92
Price
A$6.19
GF Value