Novolipetsk Steel PAO

Novolipetsk Steel PAO ROCE

The Return on Capital Employed (ROCE) of Novolipetsk Steel PAO (NLMK.ME) as of Oct 19, 2026 is 23.95 %. In the previous year, Return on Capital Employed (ROCE) was 26.37 % — a change of -9.21% (lower).

ROCE

23.95 %

YoY

-9.21%

Last updated:

In 2024, Novolipetsk Steel PAO's return on capital employed (ROCE) was 23.95 %, a -9.21% increase from the 26.37 % ROCE in the previous year.

The Novolipetsk Steel PAO ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2017
30.64 RUB
Jan 1, 2018
51.78 RUB
Jan 1, 2019
33.78 RUB
Jan 1, 2020
43.95 RUB
Jan 1, 2021
95.61 RUB
Jan 1, 2022
32.42 RUB
Jan 1, 2023
26.37 RUB
Jan 1, 2024
23.95 RUB
The Novolipetsk Steel PAO ROCE history
YEARROCEYoY
23.95 %-9.21%
26.37 %-18.66%
32.42 %-66.09%
95.61 %+117.51%
43.95 %+30.13%
33.78 %-34.77%
51.78 %+69.00%
30.64 %+29.53%
23.65 %-12.66%
27.08 %+6.91%
25.33 %—

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Novolipetsk Steel PAO Stock analysis

What does Novolipetsk Steel PAO do? Novolipetsk Steel PAO, trading under the ticker symbol NLMK.ME with the ISIN code RU0009046452, is a major industrial entity headquartered in Lipetsk, located within the Lipetskaya Oblast of Russia. Operating within the Materials sector and specifically the Metals & Mining industry, the company has been publicly traded since its initial public offering on December 15, 2005. Its official corporate presence is maintained through the website at https://nlmk.com/. The core business operations of Novolipetsk Steel revolve around the comprehensive production and global sales of both flat and long steel products. The manufacturing portfolio is extensive, encompassing a wide array of steel goods such as slabs, hot-rolled and cold-rolled sheet metal, galvanized steel, pre-painted steel, electrical steel, rebar, and various metal ware. These diverse products serve a broad spectrum of downstream industries, including construction, machine building, power generation equipment manufacturing, and even the specialized sector of offshore windmill production. The company boasts a significant production scale, with a crude steel production capacity exceeding 17 million tons annually. A key strategic feature of Novolipetsk Steel is its high degree of vertical integration and domestic resource control. All of the company’s mining assets are situated within Russia, ensuring a secure supply of raw materials. Furthermore, 94% of its total steelmaking capacities are also located domestically, reinforcing its operational independence and logistical efficiency within the Russian Federation. The distribution of its rolling assets is more geographically diversified, reflecting a broader market reach. Specifically, 56% of these rolling assets are located in the Russian Federation, while 25% are situated in Europe and 19% in the United States. This international footprint in rolling capabilities allows the company to serve diverse regional markets effectively while maintaining a strong industrial base in its home country. The combination of massive production volume, integrated supply chain, and international sales infrastructure positions Novolipetsk Steel as a significant player in the global metals industry. Novolipetsk Steel PAO is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling Novolipetsk Steel PAO's Return on Capital Employed (ROCE)

Novolipetsk Steel PAO's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing Novolipetsk Steel PAO's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

Novolipetsk Steel PAO's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in Novolipetsk Steel PAO’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about Novolipetsk Steel PAO stock

Return on Capital Employed (ROCE) of Novolipetsk Steel PAO is 23.95 % in 2024.

Return on Capital Employed (ROCE) of Novolipetsk Steel PAO changed from 26.37 % to 23.95 %, representing a -9.21% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) Novolipetsk Steel PAO since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s Novolipetsk Steel PAO with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — Novolipetsk Steel PAO

All Key Metrics — Novolipetsk Steel PAO