Serviciosorativos JaverPI de CV (MEX:JAVER) ROCE % : 17.91% (As of Mar. 2024)

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What is Serviciosorativos JaverPI 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. Serviciosorativos JaverPI de CV's annualized ROCE % for the quarter that ended in Mar. 2024 was 17.91%.

Serviciosorativos JaverPI de CV ROCE % Historical Data

The historical data trend for Serviciosorativos JaverPI 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.

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Serviciosorativos JaverPI de CV ROCE % Chart

Serviciosorativos JaverPI de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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9.38

12.88

13.62

17.80

22.44

Serviciosorativos JaverPI de CV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
ROCE %	Get a 7-Day Free Trial															13.85	23.69	24.43	24.84	17.91

Serviciosorativos JaverPI de CV ROCE % Calculation

Serviciosorativos JaverPI 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 )
	=	1389.225	/	( ( (8953.401 - 2554.336)	+	(9578.119 - 3594.536) )	/ 2 )
	=	1389.225	/	( (6399.065	+	5983.583)	/ 2 )
	=	1389.225	/	6191.324
	=	22.44 %

Serviciosorativos JaverPI de CV's ROCE % of for the quarter that ended in Mar. 2024 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Mar. 2024 )		(Q: Dec. 2023 )		(Q: Mar. 2024 )
	=	1075.028	/	( ( (9578.119 - 3594.536)	+	(9402.004 - 3379.86) )	/ 2 )
	=	1075.028	/	( ( 5983.583	+	6022.144 )	/ 2 )
	=	1075.028	/	6002.8635
	=	17.91 %

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

Serviciosorativos JaverPI de CV (MEX:JAVER) 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.

Serviciosorativos JaverPI de CV ROCE % Related Terms

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Serviciosorativos JaverPI de CV (MEX:JAVER) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Homebuilding & Construction » Servicios Corporativos Javer SAPI de CV (MEX:JAVER) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

N/A

Address

Pabellon M Piso 34, Avenue Juarez No. 1102, Col. Centro, Monterrey, NL, MEX, 64000

Website

http://www.javer.com.mx

Servicios Corporativos Javer SAPI de CV is a traditional housing construction company based in Monterrey. The company is engaged in the construction of houses, specializing in houses of social interest, houses of medium interest and residential houses. It operates in Aguascalientes, Mexico state, Jalisco, Mexico City, New Lion, Queretaro, Quintana Roo and Tamaulipas.

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