AlfaB de CV (AlfaB de CV) ROCE % : -22.64% (As of Dec. 2023)

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What is AlfaB 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. AlfaB de CV's annualized ROCE % for the quarter that ended in Dec. 2023 was -22.64%.

AlfaB de CV ROCE % Historical Data

The historical data trend for AlfaB 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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AlfaB de CV ROCE % Chart

AlfaB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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7.01

6.57

12.00

17.33

-0.23

AlfaB de CV 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															10.36	3.61	12.25	4.75	-22.64

AlfaB de CV ROCE % Calculation

AlfaB 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 )
	=	-19.736	/	( ( (14128.385 - 5118.486)	+	(12314.655 - 4521.025) )	/ 2 )
	=	-19.736	/	( (9009.899	+	7793.63)	/ 2 )
	=	-19.736	/	8401.7645
	=	-0.23 %

AlfaB de CV'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 )
	=	-1855.044	/	( ( (13044.11 - 4449.995)	+	(12314.655 - 4521.025) )	/ 2 )
	=	-1855.044	/	( ( 8594.115	+	7793.63 )	/ 2 )
	=	-1855.044	/	8193.8725
	=	-22.64 %

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

AlfaB de CV (OTCPK:ALFFF) 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.

AlfaB de CV ROCE % Related Terms

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AlfaB de CV (AlfaB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Alfa SAB de CV (OTCPK:ALFFF) » Definitions » ROCE %

Comparable Companies

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ALFAA:Mexico XALFA:Spain

Address

Avenue Gomez Morin Sur No. 1111, Colonia Carrizalejo, San Pedro Garza García, NL, MEX, 66254

Website

https://www.alfa.com.mx

Alfa SAB de CV is a Mexican company controlling three principal businesses: Alpek; Sigma and Axtel. The segments of the company are: 1) Alpek, This segment operates in the petrochemical and synthetic fibers industry, and its revenues are derived from sales of its products: polyester, plastics and chemicals. 2) Sigma, This segment operates in the refrigerated food sector and its revenues are derived from sales of its main products: deli meats, dairy and other processed foods. 3) Axtel, This segment operates in the telecommunications sector and its revenues are derived from the provision of data transmission services, internet and long-distance phone service. 4) Other segments, include all other companies operating in business services and others that are non-reportable segments.