Farmacias BenavidesB de CV (MEX:BEVIDESB) ROCE % : 25.90% (As of Dec. 2023)

View and export this data going back to 1993. Start your Free Trial

What is Farmacias BenavidesB 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. Farmacias BenavidesB de CV's annualized ROCE % for the quarter that ended in Dec. 2023 was 25.90%.

Farmacias BenavidesB de CV ROCE % Historical Data

The historical data trend for Farmacias BenavidesB 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.

Farmacias BenavidesB de CV ROCE % Chart

Farmacias BenavidesB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

7.31

4.57

20.23

24.05

25.90

Farmacias BenavidesB de CV Semi-Annual Data
	Dec04	Dec05	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
ROCE %	Get a 7-Day Free Trial															7.31	4.57	20.23	24.05	25.90

Farmacias BenavidesB de CV ROCE % Calculation

Farmacias BenavidesB 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 )
	=	850.696	/	( ( (7912.907 - 4876.035)	+	(8975.082 - 5442.444) )	/ 2 )
	=	850.696	/	( (3036.872	+	3532.638)	/ 2 )
	=	850.696	/	3284.755
	=	25.90 %

Farmacias BenavidesB de CV's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Dec. 2022 )		(Q: Dec. 2023 )
	=	850.696	/	( ( (7912.907 - 4876.035)	+	(8975.082 - 5442.444) )	/ 2 )
	=	850.696	/	( ( 3036.872	+	3532.638 )	/ 2 )
	=	850.696	/	3284.755
	=	25.90 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

Farmacias BenavidesB de CV (MEX:BEVIDESB) 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.

Farmacias BenavidesB de CV ROCE % Related Terms

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

Farmacias BenavidesB de CV (MEX:BEVIDESB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Farmacias Benavides SAB de CV (MEX:BEVIDESB) » Definitions » ROCE %

Traded in Other Exchanges

N/A

Address

Fundadores Avenue No. 935, Interior 301 Col. Valle del Mirador, Monterrey, NL, MEX, 64750

Website

http://www.benavides.com.mx

Farmacias Benavides SAB de CV is a drug store chain in Mexico. The company offers prescription and over-the-counter medications.

Farmacias BenavidesB de CV (MEX:BEVIDESB) Headlines

No Headlines