Empresas ICAB de CV (MEX:ICA) ROCE %: 27.54% (As of Mar. 2017)


What is Empresas ICAB de CV ROCE %?

Empresas ICAB de CV MEX:ICA ROCE % is 27.54% as of Mar. 2017.

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. Empresas ICAB de CV's annualized ROCE % for the quarter that ended in Mar. 2017 was 27.54%.

Empresas ICAB de CV  (MEX:ICA) 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.

Empresas ICAB de CV ROCE % Related Terms

Empresas ICAB de CV ROCE % Historical Data

* Premium members only.

The historical data trend for Empresas ICAB 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.

Empresas ICAB de CV ROCE % Chart

Empresas ICAB de CV Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.38 7.25 4.05 -13.73 -8.43

Empresas ICAB de CV Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 Premium Member Only Premium Member Only Premium Member Only 9.04 -10.11 -8.32 -27.69 27.54

Empresas ICAB de CV ROCE % Calculation

Empresas ICAB de CV's annualized ROCE % for the fiscal year that ended in Dec. 2016 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2016 )  (A: Dec. 2015 )(A: Dec. 2016 )
=-3942.919/( ( (108706.232 - 59051.878) + (111744.993 - 67802.803) )/ 2 )
=-3942.919/( (49654.354+43942.19)/ 2 )
=-3942.919/46798.272
=-8.43 %

Empresas ICAB de CV's ROCE % of for the quarter that ended in Mar. 2017 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2017 )  (Q: Dec. 2016 )(Q: Mar. 2017 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2017 )  (Q: Dec. 2016 )(Q: Mar. 2017 )
=12312/( ( (111744.993 - 67802.803) + (108988 - 63529) )/ 2 )
=12312/( ( 43942.19 + 45459 )/ 2 )
=12312/44700.595
=27.54 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2017) 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 27.54% mean?
Empresas ICAB de CV (MEX:ICA) has a ROCE % of 27.54% as of Mar. 2017.
Is Empresas ICAB de CV's ROCE % too high?
Empresas ICAB de CV's current ROCE % is 27.54%. The Construction industry median ROCE % is 8.22. Empresas ICAB de CV's value of 27.54% is 235% above this industry median.
How does Empresas ICAB de CV's ROCE % compare to competitors?
Empresas ICAB de CV's ROCE % of 27.54% can be compared against companies in the Construction industry. The industry median ROCE % is 8.22. Empresas ICAB de CV's value of 27.54% is 235% above 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 Construction company?
The median ROCE % among Construction companies is 8.22, based on 1,749 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. Empresas ICAB de CV's current ROCE % of 27.54% is 235% above 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 Construction industry, the median ROCE % is 8.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Empresas ICAB de CV's current ROCE % is 27.54%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Empresas ICAB de CV stock overvalued right now?
Empresas ICAB de CV (MEX:ICA) has a current ROCE % of 27.54%. The current ROCE % is 27.54% and 235% above the Construction industry median of 8.22. 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 Empresas ICAB de CV (MEX:ICA), the current ROCE % is 27.54% as of Mar. 2017. 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.

Empresas ICAB de CV Business Description

Address Boulevard Manuel Avila Camacho 36, Col. Lomas de Chapultepec, Delegation Miguel Hidalgo, Mexico City, DF, MEX, 11000
Empresas ICA SAB de CV is an engineering, procurement, and construction company. It provides construction and related services which includes development and construction of infrastructure facilities, industrial and urban construction, construction, maintenance and operation of airports, highways, social infrastructure and tunnels and operation and management of water supply and waste disposal systems. The company has Civil construction, Industrial construction, Airports, Concessions and Corporate and Other segments. It derives the majority of its revenues from Civil construction segment.