GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Consorcio Ara SAB de CV (OTCPK:CNRFF) » Definitions » ROCE %

Consorcio AraB de CV (Consorcio AraB de CV) ROCE % : 5.86% (As of Sep. 2023)


View and export this data going back to 2005. Start your Free Trial

What is Consorcio AraB 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. Consorcio AraB de CV's annualized ROCE % for the quarter that ended in Sep. 2023 was 5.86%.


Consorcio AraB de CV ROCE % Historical Data

The historical data trend for Consorcio AraB 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.

Consorcio AraB de CV ROCE % Chart

Consorcio AraB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.97 5.90 3.26 4.96 5.37

Consorcio AraB de CV Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.11 6.46 5.33 5.94 5.86

Consorcio AraB de CV ROCE % Calculation

Consorcio AraB de CV's annualized ROCE % for the fiscal year that ended in Dec. 2022 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2022 )  (A: Dec. 2021 )(A: Dec. 2022 )
=52.706/( ( (1040.592 - 105.751) + (1137.167 - 108.985) )/ 2 )
=52.706/( (934.841+1028.182)/ 2 )
=52.706/981.5115
=5.37 %

Consorcio AraB de CV's ROCE % of for the quarter that ended in Sep. 2023 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Sep. 2023 )  (Q: Jun. 2023 )(Q: Sep. 2023 )
=67.132/( ( (1313.999 - 136.303) + (1298.391 - 183.916) )/ 2 )
=67.132/( ( 1177.696 + 1114.475 )/ 2 )
=67.132/1146.0855
=5.86 %

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

* 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.


Consorcio AraB de CV  (OTCPK:CNRFF) 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.


Consorcio AraB de CV ROCE % Related Terms

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


Consorcio AraB de CV (Consorcio AraB de CV) Business Description

Traded in Other Exchanges
Address
Paseo de Tamarindos No. 90, Torre 1, Arcos Bosques Marco II, Piso 25, Bosques de las Lomas, Mexico, DF, MEX, 05120
Consorcio Ara SAB de CV is a Mexican housing development company. The company designs, develops, constructs, and markets low income, affordable entry level, middle income, and residential housing developments. In addition, the group rents mini-supermarkets under operating leases in Mexico. Consorcio derives the majority of its revenue offering its services to middle-income sector.

Consorcio AraB de CV (Consorcio AraB de CV) Headlines

From GuruFocus

Q4 2023 Consorcio Ara SAB de CV Earnings Call Transcript

By GuruFocus Research 02-28-2024