Matba Rofex Sociedad Anonima (BUE:MTR) ROCE % : 53.34% (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Matba Rofex Sociedad Anonima 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. Matba Rofex Sociedad Anonima's annualized ROCE % for the quarter that ended in Dec. 2023 was 53.34%.

Matba Rofex Sociedad Anonima ROCE % Historical Data

The historical data trend for Matba Rofex Sociedad Anonima'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.

Matba Rofex Sociedad Anonima ROCE % Chart

Matba Rofex Sociedad Anonima Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

ROCE %

Get a 7-Day Free Trial

19.64

21.83

19.45

11.41

16.40

Matba Rofex Sociedad Anonima Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															76.29	16.90	35.98	7.77	53.34

Matba Rofex Sociedad Anonima ROCE % Calculation

Matba Rofex Sociedad Anonima's annualized ROCE % for the fiscal year that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT	/	( (Capital Employed	+	Capital Employed)	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(A: Jun. 2023 )		(A: Jun. 2022 )		(A: Jun. 2023 )
	=	6577.119	/	( ( (81188.04 - 43321.644)	+	(69453.514 - 27093.895) )	/ 2 )
	=	6577.119	/	( (37866.396	+	42359.619)	/ 2 )
	=	6577.119	/	40113.0075
	=	16.40 %

Matba Rofex Sociedad Anonima's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	40895.924	/	( ( (83182.612 - 26048.808)	+	(158156.707 - 61941.853) )	/ 2 )
	=	40895.924	/	( ( 57133.804	+	96214.854 )	/ 2 )
	=	40895.924	/	76674.329
	=	53.34 %

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

Matba Rofex Sociedad Anonima (BUE:MTR) 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.

Matba Rofex Sociedad Anonima ROCE % Related Terms

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

Matba Rofex Sociedad Anonima (BUE:MTR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Matba Rofex Sociedad Anonima (BUE:MTR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Paraguay 777 Piso 15, Rosario, ARG

Website

https://www.matbarofex.com.ar

Matba Rofex Sociedad Anonima is an agricultural futures and options Exchange in Latin America. Approximately, more than 75 members trade futures and options contracts on agricultural commodities using the open outcry system or company's electronic platform. The company registers, guarantees, clears and settles every contract traded at the Exchange. It also offers through Fundación MATba a large number of educational and training programs. These programs cover a range of topics involving derivatives, strategies and back office administration, among others.