FIBRA Macquarie (MEX:FIBRAMQ12) ROCE % : 24.00% (As of Sep. 2024)

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What is FIBRA Macquarie 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. FIBRA Macquarie's annualized ROCE % for the quarter that ended in Sep. 2024 was 24.00%.

FIBRA Macquarie ROCE % Historical Data

The historical data trend for FIBRA Macquarie'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.

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FIBRA Macquarie ROCE % Chart

FIBRA Macquarie Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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3.44

6.09

18.71

7.86

9.98

FIBRA Macquarie Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
ROCE %	Get a 7-Day Free Trial															19.07	11.26	9.99	35.97	24.00

FIBRA Macquarie ROCE % Calculation

FIBRA Macquarie'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 )
	=	4936.274	/	( ( (52641.952 - 5847.187)	+	(52949.005 - 821.961) )	/ 2 )
	=	4936.274	/	( (46794.765	+	52127.044)	/ 2 )
	=	4936.274	/	49460.9045
	=	9.98 %

FIBRA Macquarie's ROCE % of for the quarter that ended in Sep. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Sep. 2024 )		(Q: Jun. 2024 )		(Q: Sep. 2024 )
	=	14890.052	/	( ( (60208.784 - 437.25)	+	(64691.497 - 401.607) )	/ 2 )
	=	14890.052	/	( ( 59771.534	+	64289.89 )	/ 2 )
	=	14890.052	/	62030.712
	=	24.00 %

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

FIBRA Macquarie (MEX:FIBRAMQ12) 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.

FIBRA Macquarie ROCE % Related Terms

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FIBRA Macquarie Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » FIBRA Macquarie (MEX:FIBRAMQ12) » Definitions » ROCE %

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DBMBF:USA

Address

Pedregal 24 Piso 21, Torre Virreyes, Molino del Rey, Lomas – Virreyes, Mexico City, HGO, MEX, 11040

Website

https://www.fibramacquarie.com

FIBRA Macquarie is a real estate investment trust engaged in the acquisition, ownership, and leasing of real estate properties in Mexico. Its real estate portfolio is comprised of industrial, retail, and office space. Industrial buildings represent the vast majority of its total number of properties, total square footage, and total revenue. It derives nearly all of its revenue in the form of rental income from tenants. Its customers are automotive, electronics, and consumer products, manufacturers, and others.

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