Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) ROCE %: 1.69% (As of Dec. 2019)

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.

MEX:CMRB Corporacion Mexicana de Restaurantes SAB de CV MEX:CMRB
23 GF Score
Price MXN1.40
View Full Analysis

What is Corporacion Mexicana de RestaurantesB de CV ROCE %?

Corporacion Mexicana de RestaurantesB de CV MEX:CMRB -1.41% 23 ROCE % is 1.69% as of Dec. 2019. GuruFocus rates MEX:CMRB with a GF Score™ of 23/100.

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. Corporacion Mexicana de RestaurantesB de CV's annualized ROCE % for the quarter that ended in Dec. 2019 was 1.69%.

Corporacion Mexicana de RestaurantesB de CV  (MEX:CMRB) 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.

Corporacion Mexicana de RestaurantesB de CV ROCE % Related Terms

Corporacion Mexicana de RestaurantesB de CV ROCE % Historical Data

* Premium members only.

The historical data trend for Corporacion Mexicana de RestaurantesB 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.

Corporacion Mexicana de RestaurantesB de CV ROCE % Chart

Corporacion Mexicana de RestaurantesB de CV Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.92 4.11 -3.06 -2.43 1.69

Corporacion Mexicana de RestaurantesB de CV Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
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 4.92 4.11 -3.06 -2.43 1.69
MEX:CMRB
23GF Score
Corporacion Mexicana de Restaurantes SAB de CV MEX:CMRB
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Corporacion Mexicana de RestaurantesB de CV ROCE % Calculation

Corporacion Mexicana de RestaurantesB de CV's annualized ROCE % for the fiscal year that ended in Dec. 2019 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2019 )  (A: Dec. 2018 )(A: Dec. 2019 )
=38.903/( ( (2363.7 - 644.08) + (4512.792 - 1628.954) )/ 2 )
=38.903/( (1719.62+2883.838)/ 2 )
=38.903/2301.729
=1.69 %

Corporacion Mexicana de RestaurantesB de CV's ROCE % of for the quarter that ended in Dec. 2019 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Dec. 2019 )  (Q: Dec. 2018 )(Q: Dec. 2019 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Dec. 2019 )  (Q: Dec. 2018 )(Q: Dec. 2019 )
=38.903/( ( (2363.7 - 644.08) + (4512.792 - 1628.954) )/ 2 )
=38.903/( ( 1719.62 + 2883.838 )/ 2 )
=38.903/2301.729
=1.69 %

(1) Note: The EBIT data used here is one times the annual (Dec. 2019) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 1.69% mean?
Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) has a ROCE % of 1.69% as of Dec. 2019.
Is Corporacion Mexicana de RestaurantesB de CV's ROCE % too high?
Corporacion Mexicana de RestaurantesB de CV's current ROCE % is 1.69%. The Restaurants industry median ROCE % is 6.11. Corporacion Mexicana de RestaurantesB de CV's value of 1.69% is 72.3% below this industry median. Overall, Corporacion Mexicana de RestaurantesB de CV has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Corporacion Mexicana de RestaurantesB de CV's ROCE % compare to MCD and SBUX?
Corporacion Mexicana de RestaurantesB de CV's ROCE % of 1.69% can be compared against companies in the Restaurants industry. The industry median ROCE % is 6.11. Corporacion Mexicana de RestaurantesB de CV's value of 1.69% is 72.3% 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 ROCE % for a Restaurants company?
The median ROCE % among Restaurants companies is 6.11, based on 351 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Corporacion Mexicana de RestaurantesB de CV's current ROCE % of 1.69% is 72.3% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Restaurants industry, the median ROCE % is 6.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Corporacion Mexicana de RestaurantesB de CV's current ROCE % is 1.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Corporacion Mexicana de RestaurantesB de CV stock overvalued right now?
Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB) has a current ROCE % of 1.69%. The current ROCE % is 1.69% and 72.3% below the Restaurants industry median of 6.11. Corporacion Mexicana de RestaurantesB de CV's overall GF Score™ is 23/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Corporacion Mexicana de RestaurantesB de CV (MEX:CMRB), the current ROCE % is 1.69% as of Dec. 2019. 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.

Corporacion Mexicana de RestaurantesB de CV Business Description

Address Lago Hielmar No 44, Col. Anahuac, Del Miguel Hidalgo, MEX, 11320
Corporacion Mexicana de Restaurantes SAB de CV is engaged in casual dining. The company operates more than 100 restaurants throughout Mexico.
23GF Score

Get the complete analysis for MEX:CMRB

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

MXN1.40
Price