BBB Foods (BBB Foods) ROCE % : 11.28% (As of Mar. 2024)

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What is BBB Foods ROCE %?

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. BBB Foods's annualized ROCE % for the quarter that ended in Mar. 2024 was 11.28%.

BBB Foods ROCE % Historical Data

The historical data trend for BBB Foods'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.

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BBB Foods ROCE % Chart

BBB Foods Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

ROCE %

9.12

20.37

25.91

BBB Foods Quarterly Data
	Dec20	Dec21	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial			34.59	37.30	-	24.41	11.28

BBB Foods ROCE % Calculation

BBB Foods's annualized ROCE % for the fiscal year that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2023 )		(A: Dec. 2022 )		(A: Dec. 2023 )
	=	79.059	/	( ( (604.991 - 349.015)	+	(881.559 - 527.384) )	/ 2 )
	=	79.059	/	( (255.976	+	354.175)	/ 2 )
	=	79.059	/	305.0755
	=	25.91 %

BBB Foods's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	51.84	/	( ( (881.559 - 527.384)	+	(1126.25 - 561.548) )	/ 2 )
	=	51.84	/	( ( 354.175	+	564.702 )	/ 2 )
	=	51.84	/	459.4385
	=	11.28 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

BBB Foods (NYSE:TBBB) 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.

BBB Foods ROCE % Related Terms

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BBB Foods (BBB Foods) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » BBB Foods Inc (NYSE:TBBB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Río Danubio 51, Col. Cuauhtemoc, Mexico, MEX, 06500

Website

https://www.tiendas3b.com

BBB Foods Inc is a company offering grocery hard discount model in Mexico. Also that operates through three subsidiaries namely Tiendas Tres B , Tiendas BBB and Desarrolladora Tres BSA de CV of which the main activity of Tiendas Tres B is the sale, purchase, distribution and marketing of all types of products, items and goods, as well as the establishment, and operation of individual stores and distribution centers for the sale of such products.

BBB Foods (BBB Foods) Headlines

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