PrologisProperty Mexico de CV (MEX:FIBRAPL14) ROCE % : 27.62% (As of Sep. 2024)

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

What is PrologisProperty Mexico 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. PrologisProperty Mexico de CV's annualized ROCE % for the quarter that ended in Sep. 2024 was 27.62%.

PrologisProperty Mexico de CV ROCE % Historical Data

The historical data trend for PrologisProperty Mexico 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.

PrologisProperty Mexico de CV ROCE % Chart

PrologisProperty Mexico de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

Get a 7-Day Free Trial

6.27

8.63

16.51

11.22

18.98

PrologisProperty Mexico de CV 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															34.16	17.13	32.03	4.44	27.62

PrologisProperty Mexico de CV ROCE % Calculation

PrologisProperty Mexico 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 )
	=	15703.794	/	( ( (78522.2 - 340.526)	+	(87620.48 - 294.029) )	/ 2 )
	=	15703.794	/	( (78181.674	+	87326.451)	/ 2 )
	=	15703.794	/	82754.0625
	=	18.98 %

PrologisProperty Mexico de CV'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 )
	=	39224.62	/	( ( (113206.267 - 1089.751)	+	(178234.5 - 6350.718) )	/ 2 )
	=	39224.62	/	( ( 112116.516	+	171883.782 )	/ 2 )
	=	39224.62	/	142000.149
	=	27.62 %

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

PrologisProperty Mexico de CV (MEX:FIBRAPL14) 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.

PrologisProperty Mexico de CV ROCE % Related Terms

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

PrologisProperty Mexico de CV Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » PrologisProperty Mexico SA de CV (MEX:FIBRAPL14) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

FBBPF:USA

Address

Paseo de los Tamarindos No. 90, Torre 2, Piso 22, Bosques de las Lomas, Mexico City, MEX, 05120

Website

https://www.fibraprologis.com

PrologisProperty Mexico SA de CV is engaged in the acquisition, ownership, and leasing of industrial properties throughout Mexico. The company's real estate portfolio comprises large warehouse buildings. It focused on acquiring, owning, and managing Class-A logistics and manufacturing facilities. The company derives nearly all of its revenue as lease rental income from multinational firms. This income is fairly evenly split between its manufacturing-related facilities in Northern Mexico and consumption-related facilities located mainly in Central and Southern Mexico. In terms of total revenue, the majority of Fibra Prologis' customers are general retailers and third-party logistics firms.

PrologisProperty Mexico de CV Headlines

No Headlines