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Corporacion Mexicana de RestaurantesB de CV (Corporacion Mexicana de RestaurantesB de CV) ROE % : -152.44% (As of Sep. 2020)


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What is Corporacion Mexicana de RestaurantesB de CV ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Corporacion Mexicana de RestaurantesB de CV's annualized net income for the quarter that ended in Sep. 2020 was $-45.02 Mil. Corporacion Mexicana de RestaurantesB de CV's average Total Stockholders Equity over the quarter that ended in Sep. 2020 was $29.54 Mil. Therefore, Corporacion Mexicana de RestaurantesB de CV's annualized ROE % for the quarter that ended in Sep. 2020 was -152.44%.

The historical rank and industry rank for Corporacion Mexicana de RestaurantesB de CV's ROE % or its related term are showing as below:

MXRTF' s ROE % Range Over the Past 10 Years
Min: -14.63   Med: -2.53   Max: 11.37
Current: -70.35

During the past 13 years, Corporacion Mexicana de RestaurantesB de CV's highest ROE % was 11.37%. The lowest was -14.63%. And the median was -2.53%.

MXRTF's ROE % is not ranked
in the Restaurants industry.
Industry Median: 8.27 vs MXRTF: -70.35

Corporacion Mexicana de RestaurantesB de CV ROE % Historical Data

The historical data trend for Corporacion Mexicana de RestaurantesB de CV's ROE % 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.

Corporacion Mexicana de RestaurantesB de CV ROE % Chart

Corporacion Mexicana de RestaurantesB de CV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.86 -2.17 -2.73 -12.82 -14.91

Corporacion Mexicana de RestaurantesB de CV Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
ROE % 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 -21.25 0.89 -32.20 -122.63 -152.44

Competitive Comparison of Corporacion Mexicana de RestaurantesB de CV's ROE %

For the Restaurants subindustry, Corporacion Mexicana de RestaurantesB de CV's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Corporacion Mexicana de RestaurantesB de CV's ROE % Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Corporacion Mexicana de RestaurantesB de CV's ROE % distribution charts can be found below:

* The bar in red indicates where Corporacion Mexicana de RestaurantesB de CV's ROE % falls into.



Corporacion Mexicana de RestaurantesB de CV ROE % Calculation

Corporacion Mexicana de RestaurantesB de CV's annualized ROE % for the fiscal year that ended in Dec. 2019 is calculated as

ROE %=Net Income (A: Dec. 2019 )/( (Total Stockholders Equity (A: Dec. 2018 )+Total Stockholders Equity (A: Dec. 2019 ))/ count )
=-8.725/( (54.466+62.602)/ 2 )
=-8.725/58.534
=-14.91 %

Corporacion Mexicana de RestaurantesB de CV's annualized ROE % for the quarter that ended in Sep. 2020 is calculated as

ROE %=Net Income (Q: Sep. 2020 )/( (Total Stockholders Equity (Q: Jun. 2020 )+Total Stockholders Equity (Q: Sep. 2020 ))/ count )
=-45.024/( (34.392+24.679)/ 2 )
=-45.024/29.5355
=-152.44 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Sep. 2020) net income data. ROE % is displayed in the 30-year financial page.


Corporacion Mexicana de RestaurantesB de CV  (GREY:MXRTF) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Sep. 2020 )
=Net Income/Total Stockholders Equity
=-45.024/29.5355
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-45.024 / 77.14)*(77.14 / 174.8525)*(174.8525 / 29.5355)
=Net Margin %*Asset Turnover*Equity Multiplier
=-58.37 %*0.4412*5.9201
=ROA %*Equity Multiplier
=-25.75 %*5.9201
=-152.44 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Sep. 2020 )
=Net Income/Total Stockholders Equity
=-45.024/29.5355
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-45.024 / -45.024) * (-45.024 / -35.18) * (-35.18 / 77.14) * (77.14 / 174.8525) * (174.8525 / 29.5355)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * 1.2798 * -45.61 % * 0.4412 * 5.9201
=-152.44 %

Note: The net income data used here is four times the quarterly (Sep. 2020) net income data. The Revenue data used here is four times the quarterly (Sep. 2020) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Corporacion Mexicana de RestaurantesB de CV ROE % Related Terms

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Corporacion Mexicana de RestaurantesB de CV (Corporacion Mexicana de RestaurantesB de CV) Business Description

Traded in Other Exchanges
N/A
Address
Lago Hielmar No 44, Col. Anahuac, Del Miguel Hidalgo, MEX, 11320
Corporacion Mexicana de Restaurantes SAB de CV is engaged in casual dining. The company operates more than 100 restaurants throughout Mexico.

Corporacion Mexicana de RestaurantesB de CV (Corporacion Mexicana de RestaurantesB de CV) Headlines

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