Union Nacional De Empresas (XPTY:UNEMB) ROCE % : 7.52% (As of Dec. 2023)

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What is Union Nacional De Empresas 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. Union Nacional De Empresas's annualized ROCE % for the quarter that ended in Dec. 2023 was 7.52%.

Union Nacional De Empresas ROCE % Historical Data

The historical data trend for Union Nacional De Empresas'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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Union Nacional De Empresas ROCE % Chart

Union Nacional De Empresas Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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6.68

2.06

4.87

3.73

5.32

Union Nacional De Empresas Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
ROCE %	Get a 7-Day Free Trial															4.11	3.28	3.87	6.74	7.52

Union Nacional De Empresas ROCE % Calculation

Union Nacional De Empresas'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 )
	=	20.927	/	( ( (440.107 - 53.004)	+	(448.73 - 48.786) )	/ 2 )
	=	20.927	/	( (387.103	+	399.944)	/ 2 )
	=	20.927	/	393.5235
	=	5.32 %

Union Nacional De Empresas's ROCE % of for the quarter that ended in Dec. 2023 is calculated as:

ROCE %	=	EBIT ⁽¹⁾	/	( (Capital Employed	+	Capital Employed)	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	EBIT	/	( ( (Total Assets - Total Current Liabilities)	+	(Total Assets - Total Current Liabilities) )	/ count )
		(Q: Dec. 2023 )		(Q: Sep. 2023 )		(Q: Dec. 2023 )
	=	29.868	/	( ( (448.039 - 53.805)	+	(448.73 - 48.786) )	/ 2 )
	=	29.868	/	( ( 394.234	+	399.944 )	/ 2 )
	=	29.868	/	397.089
	=	7.52 %

(1) Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

Union Nacional De Empresas (XPTY:UNEMB) 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.

Union Nacional De Empresas ROCE % Related Terms

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Union Nacional De Empresas (XPTY:UNEMB) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Union Nacional De Empresas SA (XPTY:UNEMB) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

UNEM:Panama

Address

Spain Corner Road and Calle 50, No. 50, Building Sucasa, Apartado, PAN, 8001

Website

http://www.unesa.com

Union Nacional De Empresas SA is a public company engaged in the construction and housing, hospitality, financial services, equipment rental and sales, shopping centers and industrial areas.

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