Grupo TelevisaB (FRA:TLV) ROC %: 3.14% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:TLV Grupo Televisa SAB FRA:TLV
58 GF Score
Price €2.34
GF Value €2.18
! 6 Warning Signs
View Full Analysis

What is Grupo TelevisaB ROC %?

Grupo TelevisaB FRA:TLV +1.74% 58 ROC % is 3.14% as of Mar. 2026. GuruFocus rates FRA:TLV with a GF Score™ of 58/100 and a GF Value™ of €2.18. The stock has 6 warning signs investors should review.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Grupo TelevisaB's annualized return on capital (ROC %) for the quarter that ended in Mar. 2026 was 3.14%.

As of today (2026-07-14), Grupo TelevisaB's WACC % is 10.15%. Grupo TelevisaB's ROC % is 3.14% (calculated using TTM income statement data). Grupo TelevisaB earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Grupo TelevisaB  (FRA:TLV) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Grupo TelevisaB's WACC % is 10.15%. Grupo TelevisaB's ROC % is 3.14% (calculated using TTM income statement data). Grupo TelevisaB earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Grupo TelevisaB ROC % Related Terms


Grupo TelevisaB ROC % Historical Data

* Premium members only.

The historical data trend for Grupo TelevisaB's ROC % 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.

Grupo TelevisaB ROC % Chart

Grupo TelevisaB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 1.79 1.35 0.13 2.76

Grupo TelevisaB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC % 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 1.35 2.65 0.00 4.22 3.14
FRA:TLV
58GF Score
Grupo Televisa SAB FRA:TLV
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Grupo TelevisaB ROC % Calculation

Grupo TelevisaB's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=239.015 * ( 1 - 0% )/( (8863.09 + 8465.984)/ 2 )
=239.015/8664.537
=2.76 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=11523.626 - 784.742 - ( 2115.224 - max(0, 1250.232 - 3126.026+2115.224))
=8863.09

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10833.736 - 844.736 - ( 1849.987 - max(0, 1333.006 - 2856.022+1849.987))
=8465.984

Grupo TelevisaB's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=311.184 * ( 1 - 15% )/( (8465.984 + 8364.937)/ 2 )
=264.5064/8415.4605
=3.14 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10833.736 - 844.736 - ( 1849.987 - max(0, 1333.006 - 2856.022+1849.987))
=8465.984

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=10861.125 - 918.903 - ( 1664.995 - max(0, 1137.274 - 2714.559+1664.995))
=8364.937

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of 3.14% mean?
Grupo TelevisaB (FRA:TLV) has a ROC % of 3.14% as of Mar. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Grupo TelevisaB and its competitors.
Is Grupo TelevisaB's ROC % too high?
Grupo TelevisaB's current ROC % is 3.14%. The Telecommunication Services industry median ROC % is 4.53. Grupo TelevisaB's value of 3.14% is 30.7% below this industry median. Overall, Grupo TelevisaB has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Grupo TelevisaB's ROC % compare to TMUS and VZ?
Grupo TelevisaB's ROC % of 3.14% can be compared against companies in the Telecommunication Services industry. The industry median ROC % is 4.53. Grupo TelevisaB's value of 3.14% is 30.7% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Telecommunication Services company?
The median ROC % among Telecommunication Services companies is 4.53, based on 361 companies in the industry. Companies in the top quartile (top 25%) have a ROC % significantly above this median, while those in the bottom quartile fall well below. However, ROC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Grupo TelevisaB's current ROC % of 3.14% is 30.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Grupo TelevisaB and its competitors. For the Telecommunication Services industry, the median ROC % is 4.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo TelevisaB's current ROC % is 3.14%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo TelevisaB stock overvalued right now?
Grupo TelevisaB (FRA:TLV) has a current ROC % of 3.14%. The stock's GF Value™ is €2.18, compared to a current price of €2.34 — trading 7.3% above its estimated fair value. The current ROC % is 3.14% and 30.7% below the Telecommunication Services industry median of 4.53. Grupo TelevisaB's overall GF Score™ is 58/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Grupo TelevisaB (FRA:TLV), the current ROC % is 3.14% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Grupo TelevisaB (FRA:TLV) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo TelevisaB stock appears to be overvalued. The current stock price of €2.34 is trading 7.3% above its estimated GF Value™ of €2.18.

Key valuation signals for FRA:TLV:

  • ROC %: 3.14%
  • GF Value™: €2.18 vs. price of €2.34 (7.3% above fair value)
  • GF Score™: 58/100 with 6 warning signs
  • Industry Position: 30.7% below the Telecommunication Services median

No single metric tells the full story. See the FRA:TLV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo TelevisaB Business Description

Address Avenida Vasco de Quiroga, No. 2000, Colonia Santa Fe, Mexico, MEX, 01210
Televisa is one of the leading telecom firms in Mexico. Its cable arm, Izzi, holds networks that pass 20 million Mexican homes and provide broadband service to nearly 6 million customers. The firm is also one of the largest pay-television providers in Mexico, with nearly 4 million customers. Televisa owns Sky Mexico, the country's only satellite-TV provider, serving about 4 million customers. After merging its traditional media business into Univision, Grupo Televisa owns a 43% stake in the combined entity TelevisaUnivision. Grupo Televisa spun off several smaller businesses, including magazine publishing, three of Mexico's professional soccer teams, and Azteca Stadium in February 2024, under the name Ollamani.
58GF Score

Get the complete analysis for FRA:TLV

ROC % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.34
Price
€2.18
GF Value