Empresas ICAB de CV (MEX:ICA) ROC %: 0.17% (As of Mar. 2017)


What is Empresas ICAB de CV ROC %?

Empresas ICAB de CV MEX:ICA ROC % is 0.17% as of Mar. 2017.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Empresas ICAB de CV's annualized return on capital (ROC %) for the quarter that ended in Mar. 2017 was 0.17%.

As of today (2026-06-28), Empresas ICAB de CV's WACC % is 0.00%. Empresas ICAB de CV's ROC % is 0.00% (calculated using TTM income statement data). Empresas ICAB de CV earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Empresas ICAB de CV  (MEX:ICA) 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, Empresas ICAB de CV's WACC % is 0.00%. Empresas ICAB de CV's ROC % is 0.00% (calculated using TTM income statement data). Empresas ICAB de CV 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.


Empresas ICAB de CV ROC % Related Terms


Empresas ICAB de CV ROC % Historical Data

* Premium members only.

The historical data trend for Empresas ICAB de CV'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.

Empresas ICAB de CV ROC % Chart

Empresas ICAB de CV Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.46 5.65 4.98 -6.23 1.09

Empresas ICAB de CV Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 3.30 1.90 4.03 0.00 0.17

Empresas ICAB de CV ROC % Calculation

Empresas ICAB de CV's annualized Return on Capital (ROC %) for the fiscal year that ended in Dec. 2016 is calculated as:

ROC % (A: Dec. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2015 ) + Invested Capital (A: Dec. 2016 ))/ count )
=2416.533 * ( 1 - 46.72% )/( (115404.51 + 120383.598)/ 2 )
=1287.5287824/117894.054
=1.09 %

where

Invested Capital(A: Dec. 2015 )
=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))
=108706.232 - 18999.802 - ( 9336.732 - max(0, 59051.878 - 33353.798+9336.732))
=115404.51

Invested Capital(A: Dec. 2016 )
=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))
=111744.993 - 25932.216 - ( 8404.358 - max(0, 67802.803 - 33231.982+8404.358))
=120383.598

Empresas ICAB de CV's annualized Return on Capital (ROC %) for the quarter that ended in Mar. 2017 is calculated as:

ROC % (Q: Mar. 2017 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2016 ) + Invested Capital (Q: Mar. 2017 ))/ count )
=696 * ( 1 - 68.57% )/( (120383.598 + 138378)/ 2 )
=218.7528/129380.799
=0.17 %

where

Invested Capital(Q: Dec. 2016 )
=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))
=111744.993 - 25932.216 - ( 8404.358 - max(0, 67802.803 - 33231.982+8404.358))
=120383.598

Note: The Operating Income data used here is four times the quarterly (Mar. 2017) 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 0.17% mean?
Empresas ICAB de CV (MEX:ICA) has a ROC % of 0.17% as of Mar. 2017. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Empresas ICAB de CV and its competitors.
Is Empresas ICAB de CV's ROC % too high?
Empresas ICAB de CV's current ROC % is 0.17%. The Construction industry median ROC % is 4.66. Empresas ICAB de CV's value of 0.17% is 96.4% below this industry median.
How does Empresas ICAB de CV's ROC % compare to competitors?
Empresas ICAB de CV's ROC % of 0.17% can be compared against companies in the Construction industry. The industry median ROC % is 4.66. Empresas ICAB de CV's value of 0.17% is 96.4% 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 Construction company?
The median ROC % among Construction companies is 4.66, based on 1,750 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. Empresas ICAB de CV's current ROC % of 0.17% is 96.4% 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 Empresas ICAB de CV and its competitors. For the Construction industry, the median ROC % is 4.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empresas ICAB de CV's current ROC % is 0.17%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresas ICAB de CV stock overvalued right now?
Empresas ICAB de CV (MEX:ICA) has a current ROC % of 0.17%. The current ROC % is 0.17% and 96.4% below the Construction industry median of 4.66. 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 Empresas ICAB de CV (MEX:ICA), the current ROC % is 0.17% as of Mar. 2017. 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.

Empresas ICAB de CV Business Description

Address Boulevard Manuel Avila Camacho 36, Col. Lomas de Chapultepec, Delegation Miguel Hidalgo, Mexico City, DF, MEX, 11000
Empresas ICA SAB de CV is an engineering, procurement, and construction company. It provides construction and related services which includes development and construction of infrastructure facilities, industrial and urban construction, construction, maintenance and operation of airports, highways, social infrastructure and tunnels and operation and management of water supply and waste disposal systems. The company has Civil construction, Industrial construction, Airports, Concessions and Corporate and Other segments. It derives the majority of its revenues from Civil construction segment.