Grupo IndustrialltilloB de CV (Grupo IndustrialltilloB de CV) ROCE % : 4.86% (As of Mar. 2024)

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What is Grupo IndustrialltilloB 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 IndustrialltilloB de CV's annualized ROCE % for the quarter that ended in Mar. 2024 was 4.86%.

Grupo IndustrialltilloB de CV ROCE % Historical Data

The historical data trend for Grupo IndustrialltilloB 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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Grupo IndustrialltilloB de CV ROCE % Chart

Grupo IndustrialltilloB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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4.93

2.29

3.33

6.26

-2.63

Grupo IndustrialltilloB de CV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															-5.94	-0.38	-0.19	-4.08	4.86

Grupo IndustrialltilloB de CV ROCE % Calculation

Grupo IndustrialltilloB 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 )
	=	-21.923	/	( ( (1392.622 - 494.488)	+	(1190.762 - 421.464) )	/ 2 )
	=	-21.923	/	( (898.134	+	769.298)	/ 2 )
	=	-21.923	/	833.716
	=	-2.63 %

Grupo IndustrialltilloB 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 )
	=	36.708	/	( ( (1190.762 - 421.464)	+	(1225.656 - 484.532) )	/ 2 )
	=	36.708	/	( ( 769.298	+	741.124 )	/ 2 )
	=	36.708	/	755.211
	=	4.86 %

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

Grupo IndustrialltilloB de CV (GREY:GISMF) 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 IndustrialltilloB de CV ROCE % Related Terms

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Grupo IndustrialltilloB de CV (Grupo IndustrialltilloB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Grupo Industrial Saltillo SAB de CV (GREY:GISMF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

GISSAA:Mexico

Address

375 Chiapas Esquina Candela, Saltillo, Coahuila, MEX, 25280

Website

http://www.gis.com.mx

Grupo Industrial Saltillo SAB de CV is an integrated industrial company that operates through three business segments: construction materials, the iron foundry division, and the domestic goods unit. The construction segment creates ceramics, indoor heaters, and industrial water heaters. The iron foundry produces gray iron, nodular iron, aluminum, and auto parts. The auto parts include engine blocks and heads for both diesel and gas engines and the firm's primary clients for these goods include automobile and industrial companies. The company's domestic goods business manufactures appliances, tableware, and kitchenware products. The company generates the vast majority of its revenue in Mexico.

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