Grupo MexicoB de CV (Grupo MexicoB de CV) ROCE % : 19.36% (As of Sep. 2023)

View and export this data going back to 2009. Start your Free Trial

What is Grupo MexicoB de CV 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. Grupo MexicoB de CV's annualized ROCE % for the quarter that ended in Sep. 2023 was 19.36%.

Grupo MexicoB de CV ROCE % Historical Data

The historical data trend for Grupo MexicoB de CV'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.

* Premium members only.

Grupo MexicoB de CV ROCE % Chart

Grupo MexicoB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

12.78

16.90

26.25

20.28

Grupo MexicoB de CV Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
ROCE %	Get a 7-Day Free Trial															15.33	23.59	24.06	18.09	19.36

Grupo MexicoB de CV ROCE % Calculation

Grupo MexicoB de CV's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Dec. 2022 )		(A: Dec. 2021 )		(A: Dec. 2022 )
	=	6099.286	/	( ( (32444.474 - 3052.616)	+	(32668.233 - 1918.426) )	/ 2 )
	=	6099.286	/	( (29391.858	+	30749.807)	/ 2 )
	=	6099.286	/	30070.8325
	=	20.28 %

Grupo MexicoB de CV's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2023 )		(Q: Jun. 2023 )		(Q: Sep. 2023 )
	=	6303.12	/	( ( (34139.353 - 1803.756)	+	(34733.053 - 1964.66) )	/ 2 )
	=	6303.12	/	( ( 32335.597	+	32768.393 )	/ 2 )
	=	6303.12	/	32551.995
	=	19.36 %

(1) Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

Grupo MexicoB de CV (OTCPK:GMBXF) 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.

Grupo MexicoB de CV ROCE % Related Terms

Thank you for viewing the detailed overview of Grupo MexicoB de CV's ROCE % provided by GuruFocus.com. Please click on the following links to see related term pages.

Grupo MexicoB de CV (Grupo MexicoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Grupo Mexico SAB de CV (OTCPK:GMBXF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GMEXICOB:Mexico 4GE:Germany

Address

Campos Eliieos No. 400, Col. lomas de chapultepec, Mexico, DF, MEX, C.P. 11000

Website

http://www.gmexico.com

Grupo Mexico SAB de CV is a holding company that operates in the mining-metallurgic industry, the exploration, exploitation, and benefit of metallic and non-metallic ores, multimodal freight railroad service, and infrastructure development. The majority of the group's revenue is generated by the mining division, through its subsidiary AMC. The company has 14 mines and exploration projects in Mexico, Peru, the United States of America, Chile, Ecuador, and Argentina, and its products include copper, molybdenum, silver, zinc, gold, and lead. The company also has a transportation division comprised of three large railroad companies through its subsidiary FM Rail Holding. Together, they form the largest railroad operator in Mexico, both in terms of coverage and fleet size.

Grupo MexicoB de CV (Grupo MexicoB de CV) Headlines

From GuruFocus

Grupo Mexico SAB de CV's Dividend Analysis

By GuruFocus Research • 11-21-2023