Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) ROCE % : 3.88% (As of Jun. 2023)

View and export this data going back to 2014. Start your Free Trial

What is Hoteles City ExpressB 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. Hoteles City ExpressB de CV's annualized ROCE % for the quarter that ended in Jun. 2023 was 3.88%.

Hoteles City ExpressB de CV ROCE % Historical Data

The historical data trend for Hoteles City ExpressB 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.

Hoteles City ExpressB de CV ROCE % Chart

Hoteles City ExpressB de CV Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

ROCE %

Get a 7-Day Free Trial

5.17

4.33

-4.43

0.59

4.28

Hoteles City ExpressB de CV Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
ROCE %	Get a 7-Day Free Trial															3.65	4.66	7.64	5.66	3.88

Hoteles City ExpressB de CV ROCE % Calculation

Hoteles City ExpressB 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 )
	=	28.3	/	( ( (714.896 - 42.219)	+	(708.505 - 57.779) )	/ 2 )
	=	28.3	/	( (672.677	+	650.726)	/ 2 )
	=	28.3	/	661.7015
	=	4.28 %

Hoteles City ExpressB de CV's ROCE % of for the quarter that ended in Jun. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Jun. 2023 )		(Q: Mar. 2023 )		(Q: Jun. 2023 )
	=	27.448	/	( ( (750.728 - 72.047)	+	(825.801 - 90.55) )	/ 2 )
	=	27.448	/	( ( 678.681	+	735.251 )	/ 2 )
	=	27.448	/	706.966
	=	3.88 %

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

Hoteles City ExpressB de CV (OTCPK:HOCXF) 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.

Hoteles City ExpressB de CV ROCE % Related Terms

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

Hoteles City ExpressB de CV (Hoteles City ExpressB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Hoteles City Express SAB de CV (OTCPK:HOCXF) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

HCITY:Mexico

Address

Juan Salvador Agraz No. 69, Col. Santa Fe Cuajimalpa, Del. Cuajimalpa de Morelos, Mexico, MEX, 05300

Website

http://www.hotelescity.com

Hoteles City Express SAB de CV together with its subsidiaries is engaged in the ownership, operation, and management of hotels using the brand names Hoteles City Express, City Suites and City Junior. The company's segments include Hotel Operation and Hotel Management. The company works as an alternative for business travelers, and the option for anyone looking to increase the value of an investment through a modern, hotel franchise and also, are the working towards the economy business travel segment.