Corporacion Inmobiliaria VestaB de CV (Corporacion Inmobiliaria VestaB de CV) ROCE % : 17.42% (As of Mar. 2024)

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What is Corporacion Inmobiliaria VestaB 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. Corporacion Inmobiliaria VestaB de CV's annualized ROCE % for the quarter that ended in Mar. 2024 was 17.42%.

Corporacion Inmobiliaria VestaB de CV ROCE % Historical Data

The historical data trend for Corporacion Inmobiliaria VestaB 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.

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Corporacion Inmobiliaria VestaB de CV ROCE % Chart

Corporacion Inmobiliaria VestaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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11.09

7.76

12.46

12.11

13.09

Corporacion Inmobiliaria VestaB de CV Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															12.37	7.56	17.95	12.62	17.42

Corporacion Inmobiliaria VestaB de CV ROCE % Calculation

Corporacion Inmobiliaria VestaB de CV'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 )
	=	427.928	/	( ( (2953.156 - 60.047)	+	(3792.216 - 147.566) )	/ 2 )
	=	427.928	/	( (2893.109	+	3644.65)	/ 2 )
	=	427.928	/	3268.8795
	=	13.09 %

Corporacion Inmobiliaria VestaB de CV'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 )
	=	641.776	/	( ( (3792.216 - 147.566)	+	(3895.571 - 170.798) )	/ 2 )
	=	641.776	/	( ( 3644.65	+	3724.773 )	/ 2 )
	=	641.776	/	3684.7115
	=	17.42 %

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

Corporacion Inmobiliaria VestaB de CV (OTCPK:VESTF) 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.

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Corporacion Inmobiliaria VestaB de CV (Corporacion Inmobiliaria VestaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Corporacion Inmobiliaria Vesta SAB de CV (OTCPK:VESTF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

VTMX:USA VESTA:Mexico

Address

Paseo de los Tamarindos, 90 Torre 2, 28th Floor, Cuajimalpa de Morelos, Mexico, MEX, 05120

Website

http://www.vesta.com.mx

Corporacion Inmobiliaria Vesta SAB de CV is a real estate company dedicated to the development and leasing of industrial buildings and distribution centers in Mexico. The company designs and constructs park-to-suit projects across various industries; undertakes build-to-suit projects; and provides site selection, design and engineering, and sale and leaseback services. It serves aerospace, automotive, food and beverage, logistics, medical devices, plastics, and other industries.