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AxtelB de CV (AxtelB de CV) ROCE % : 7.03% (As of Mar. 2024)


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What is AxtelB 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. AxtelB de CV's annualized ROCE % for the quarter that ended in Mar. 2024 was 7.03%.

AxtelB de CV ROCE % Historical Data

The historical data trend for AxtelB 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.

AxtelB de CV ROCE % Chart

AxtelB de CV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.05 12.93 -0.50 5.97 9.66

AxtelB de CV Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15.60 14.73 -4.34 12.83 7.03

AxtelB de CV ROCE % Calculation

AxtelB 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 )
=78.362/( ( (941.29 - 166.679) + (984.383 - 136.549) )/ 2 )
=78.362/( (774.611+847.834)/ 2 )
=78.362/811.2225
=9.66 %

AxtelB de CV's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2024 )  (Q: Dec. 2023 )(Q: Mar. 2024 )
=60.216/( ( (984.383 - 136.549) + (1011.181 - 145.225) )/ 2 )
=60.216/( ( 847.834 + 865.956 )/ 2 )
=60.216/856.895
=7.03 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2024) 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.

AxtelB de CV  (OTCPK:AXTLF) 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.

AxtelB de CV ROCE % Related Terms

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AxtelB de CV (AxtelB de CV) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Axtel SAB de CV (OTCPK:AXTLF) » Definitions » ROCE %
Comparable Companies
MEX:TLEVISACPO SHSE:600941 CMCSA TMUS VZ T XTER:DTE TSE:9432 NSE:BHARTIARTL HKSE:00728 TSE:9433 TSE:9984 CHTR TSE:9434 MEX:AMX B SAU:7010 ADX:EAND TSX:BCE XPAR:ORA XSWX:SCMN
Traded in Other Exchanges
AXTELCPO:Mexico 4GK:Germany
Address
Boulevard Diaz Ordaz Km. 3.33 L-1, Col. Unidad San Pedro, San Pedro Garza Garcia, NL, MEX, 66215
Website
http://www.axtelcorp.mx
Axtel SAB de CV is a Mexican based information and communication technology company. The company has two operating segments namely Business operating segment offers communication services such as information, data and Internet technologies, managed through the company's network and infrastructure for both multinational companies, as well as for international and national businesses. Its Government operating segment offers communication services such as information, data and Internet technologies, administered through the company's network and infrastructure, for the federal, state and municipal governments. The company generates maximum revenue from the Business segment. Geographically, it derives majority revenue from the Mexico region.