Industria Automotriz de CV (MEX:IASASA) ROCE %: 0.00% (As of Jun. 2011)


What is Industria Automotriz de CV ROCE %?

Industria Automotriz de CV MEX:IASASA ROCE % is 0.00% as of Jun. 2011.

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. Industria Automotriz de CV's annualized ROCE % for the quarter that ended in Jun. 2011 was 0.00%.

Industria Automotriz de CV  (MEX:IASASA) 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.

Industria Automotriz de CV ROCE % Related Terms

Industria Automotriz de CV ROCE % Historical Data

* Premium members only.

The historical data trend for Industria Automotriz 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.

Industria Automotriz de CV ROCE % Chart

Industria Automotriz de CV Annual Data
Trend Dec07 Dec08 Dec09
ROCE %
14.20 12.93 4.35

Industria Automotriz de CV Quarterly Data
Dec07 Dec08 Sep09 Dec09 Mar10 Jun10 Sep10 Mar11 Jun11
ROCE % Get a 7-Day Free Trial Premium Member Only -2.33 0.00 0.00 0.00 0.00

Industria Automotriz de CV ROCE % Calculation

Industria Automotriz de CV's annualized ROCE % for the fiscal year that ended in Dec. 2009 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2009 )  (A: Dec. 2008 )(A: Dec. 2009 )
=34.015/( ( (791.296 - 0) + (773.64 - 0) )/ 2 )
=34.015/( (791.296+773.64)/ 2 )
=34.015/782.468
=4.35 %

Industria Automotriz de CV's ROCE % of for the quarter that ended in Jun. 2011 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Jun. 2011 )  (Q: Mar. 2011 )(Q: Jun. 2011 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Jun. 2011 )  (Q: Mar. 2011 )(Q: Jun. 2011 )
=-5.14/( ( (769.355 - 943.481) + (760.424 - 930.97) )/ 2 )
=-5.14/( ( -174.126 + -170.546 )/ 2 )
=-5.14/-172.336
=0 %

(1) Note: The EBIT data used here is four times the quarterly (Jun. 2011) 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 0.00% mean?
Industria Automotriz de CV (MEX:IASASA) has a ROCE % of 0.00% as of Jun. 2011.
Is Industria Automotriz de CV's ROCE % too high?
Industria Automotriz de CV's current ROCE % is 0.00%.
How does Industria Automotriz de CV's ROCE % compare to CSHEF and AMTY?
Industria Automotriz de CV's ROCE % of 0.00% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. 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 Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 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. 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 Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Industria Automotriz de CV's current ROCE % is 0.00%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Industria Automotriz de CV stock overvalued right now?
Industria Automotriz de CV (MEX:IASASA) has a current ROCE % of 0.00%. The current ROCE % is 0.00%. 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 Industria Automotriz de CV (MEX:IASASA), the current ROCE % is 0.00% as of Jun. 2011. 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.

Industria Automotriz de CV Business Description

Address Avenida Universidad 1011, San Nicolas de los Garza, NL, MEX, 66400
Industria Automotriz SA de CV is engaged in manufacturing of stamping, assemblies and subassemblies for the automotive industry. The company also manufactures dies and tool, assembly attachments and attachments to check the produced pieces.