Grupo Argos (BOG:GRUPOARGOS) ROCE % : 8.80% (As of Sep. 2023)

View and export this data going back to 1981. Start your Free Trial

What is Grupo Argos 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 Argos's annualized ROCE % for the quarter that ended in Sep. 2023 was 8.80%.

Grupo Argos ROCE % Historical Data

The historical data trend for Grupo Argos'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 Argos ROCE % Chart

Grupo Argos Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

6.33

7.62

4.06

6.48

8.59

Grupo Argos 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															7.70	11.58	10.34	10.68	8.80

Grupo Argos ROCE % Calculation

Grupo Argos'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 )
	=	3929618	/	( ( (52589344 - 7764963)	+	(56941068 - 10321532) )	/ 2 )
	=	3929618	/	( (44824381	+	46619536)	/ 2 )
	=	3929618	/	45721958.5
	=	8.59 %

Grupo Argos'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 )
	=	3851732	/	( ( (52323245 - 7956845)	+	(52312696 - 9152000) )	/ 2 )
	=	3851732	/	( ( 44366400	+	43160696 )	/ 2 )
	=	3851732	/	43763548
	=	8.80 %

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

Grupo Argos (BOG:GRUPOARGOS) 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 Argos ROCE % Related Terms

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

Grupo Argos (BOG:GRUPOARGOS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Grupo Argos SA (BOG:GRUPOARGOS) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

PFGRUPOARG:Columbia

Address

Carrera 43A, No. 1A Sur 143, Santillana Center - South Tower, Medellin, COL

Website

https://www.grupoargos.com

Grupo Argos SA is a holding company with businesses spanning multiple industries including cement, energy, highway and airport construction, port operations, real estate, and coal. The Cement segment, which generates the majority of revenue, has a majority ownership stake in Cementos Argos, which manufactures and sells cement, concrete, and cement-related products in multiple countries throughout the Americas. The Energy segment has a majority ownership stake in a company named Celsia, which generates and sells gas, thermal energy, and hydroelectric energy throughout Central and South America.

Grupo Argos (BOG:GRUPOARGOS) Headlines

No Headlines