Grupo Aeroportuario del SuresteB de CV (Grupo Aeroportuario del SuresteB de CV) ROCE % : 25.02% (As of Dec. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Grupo Aeroportuario del SuresteB 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 Aeroportuario del SuresteB de CV's annualized ROCE % for the quarter that ended in Dec. 2023 was 25.02%.

Grupo Aeroportuario del SuresteB de CV ROCE % Historical Data

The historical data trend for Grupo Aeroportuario del SuresteB 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.

* Premium members only.

Grupo Aeroportuario del SuresteB de CV ROCE % Chart

Grupo Aeroportuario del SuresteB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

16.41

6.54

14.76

24.03

25.73

Grupo Aeroportuario del SuresteB 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															24.18	24.15	25.09	25.98	25.02

Grupo Aeroportuario del SuresteB de CV ROCE % Calculation

Grupo Aeroportuario del SuresteB 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 )
	=	927.638	/	( ( (3637.645 - 285.39)	+	(4144.067 - 284.385) )	/ 2 )
	=	927.638	/	( (3352.255	+	3859.682)	/ 2 )
	=	927.638	/	3605.9685
	=	25.73 %

Grupo Aeroportuario del SuresteB 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 )
	=	943.7	/	( ( (4092.523 - 409.711)	+	(4144.067 - 284.385) )	/ 2 )
	=	943.7	/	( ( 3682.812	+	3859.682 )	/ 2 )
	=	943.7	/	3771.247
	=	25.02 %

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

Grupo Aeroportuario del SuresteB de CV (NYSE:ASR) 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 Aeroportuario del SuresteB de CV ROCE % Related Terms

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

Grupo Aeroportuario del SuresteB de CV (Grupo Aeroportuario del SuresteB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Grupo Aeroportuario del Sureste SAB de CV (NYSE:ASR) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

ASRMF:USA ASURB:Mexico AED:Germany ASR:Argentina

Address

Bosque de Alisos No. 47A - 4th Floor, Bosques de las Lomas, Ciudad de Mexico, DF, MEX, 05120

Website

https://www.asur.com.mx

Grupo Aeroportuario del Sureste SAB de CV operates airports in southeast Mexico. The company's segments include Cancun; Aerostar; Airplan; Merida; Villahermosa; Holding and Services and other. It generates maximum revenue from the Cancun segment.