Cox Energy AmericaB de CV (XMAD:COXE) ROE %: -48.15% (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XMAD:COXE Cox Energy America SAB de CV XMAD:COXE
30 GF Score
Price €1.73
! 9 Warning Signs
View Full Analysis

What is Cox Energy AmericaB de CV ROE %?

Cox Energy AmericaB de CV XMAD:COXE -1.14% 30 ROE % is -48.15% as of Mar. 2026. GuruFocus rates XMAD:COXE with a GF Score™ of 30/100. The stock has 9 warning signs investors should review. Among 436 Utilities - Independent Power Producers companies, Cox Energy AmericaB de CV ranks better than 68.35% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Cox Energy AmericaB de CV's annualized net income for the quarter that ended in Mar. 2026 was €-39.4 Mil. Cox Energy AmericaB de CV's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €81.8 Mil. Therefore, Cox Energy AmericaB de CV's annualized ROE % for the quarter that ended in Mar. 2026 was -48.15%.

The historical rank and industry rank for Cox Energy AmericaB de CV's ROE % or its related term are showing as below:

XMAD:COXE' s ROE % Range Over the Past 10 Years
Min: -27.54   Med: -10.92   Max: 18.35
Current: 8.64

During the past 6 years, Cox Energy AmericaB de CV's highest ROE % was 18.35%. The lowest was -27.54%. And the median was -10.92%.

XMAD:COXE's ROE % is ranked better than
68.35% of 436 companies
in the Utilities - Independent Power Producers industry
Industry Median: 3.82 vs XMAD:COXE: 8.64

Cox Energy AmericaB de CV  (XMAD:COXE) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-39.372/81.771
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-39.372 / 361.164)*(361.164 / 718.9515)*(718.9515 / 81.771)
=Net Margin %*Asset Turnover*Equity Multiplier
=-10.9 %*0.5023*8.7923
=ROA %*Equity Multiplier
=-5.48 %*8.7923
=-48.15 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=-39.372/81.771
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-39.372 / -55.728) * (-55.728 / -6.668) * (-6.668 / 361.164) * (361.164 / 718.9515) * (718.9515 / 81.771)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7065 * 8.3575 * -1.85 % * 0.5023 * 8.7923
=-48.15 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Cox Energy AmericaB de CV ROE % Related Terms


Cox Energy AmericaB de CV ROE % Historical Data

* Premium members only.

The historical data trend for Cox Energy AmericaB de CV's ROE % 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.

Cox Energy AmericaB de CV ROE % Chart

Cox Energy AmericaB de CV Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial -27.78 -16.09 -25.63 14.43 18.63

Cox Energy AmericaB de CV Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 -9.66 15.63 28.54 43.56 -48.15

Cox Energy AmericaB de CV ROE % Competitor Comparison

For the Utilities - Renewable subindustry, Cox Energy AmericaB de CV's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cox Energy AmericaB de CV ROE % vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Cox Energy AmericaB de CV's ROE % distribution charts can be found below:

* The bar in red indicates where Cox Energy AmericaB de CV's ROE % falls into.


XMAD:COXE
30GF Score
Cox Energy America SAB de CV XMAD:COXE
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cox Energy AmericaB de CV ROE % Calculation

Cox Energy AmericaB de CV's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=14.971/( (75.553+85.13)/ 2 )
=14.971/80.3415
=18.63 %

Cox Energy AmericaB de CV's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=-39.372/( (85.13+78.412)/ 2 )
=-39.372/81.771
=-48.15 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of -48.15% mean?
Cox Energy AmericaB de CV (XMAD:COXE) has a ROE % of -48.15% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Cox Energy AmericaB de CV and its competitors. According to the industry distribution chart, Cox Energy AmericaB de CV ranks #138 out of 436 companies in the Utilities - Independent Power Producers industry, placing it in the top 31.7%.
Is Cox Energy AmericaB de CV's ROE % too high?
Cox Energy AmericaB de CV's current ROE % is -48.15%. Based on the distribution chart, Cox Energy AmericaB de CV ranks #138 out of 436 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Cox Energy AmericaB de CV has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Cox Energy AmericaB de CV's ROE % compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Cox Energy AmericaB de CV ranks #138 out of 436 companies for ROE %. This puts Cox Energy AmericaB de CV in the upper half of its industry. The industry median ROE % is 3.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for an Utilities - Independent Power Producers company?
The median ROE % among Utilities - Independent Power Producers companies is 3.82, based on 436 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Cox Energy AmericaB de CV and its competitors. For the Utilities - Independent Power Producers industry, the median ROE % is 3.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cox Energy AmericaB de CV's current ROE % is -48.15%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cox Energy AmericaB de CV stock overvalued right now?
Cox Energy AmericaB de CV (XMAD:COXE) has a current ROE % of -48.15%. The current ROE % is -48.15%. Cox Energy AmericaB de CV's overall GF Score™ is 30/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Cox Energy AmericaB de CV (XMAD:COXE), the current ROE % is -48.15% as of Mar. 2026. 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.

Cox Energy AmericaB de CV Business Description

Address Montes Urales 415, Lomas de Chapultepec II Section, Alc. Miguel Hidalgo, Mexico, MEX, 11000
Cox Energy America SAB de CV is a solar photovoltaic renewable energy generation company that develops, promotes and operates photovoltaic plants in the main countries of Latin America and Europe, with presence in Mexico, Chile, Colombia, Guatemala, Central America and Spain. It has a unique portfolio of projects in different stages of development and identified opportunities to carry out its activity within a sustainable development framework. Cox Energy also operates throughout the value chain, with a presence in the business of self-consumption and/or distributed generation and commercialization of energy in Latin America and Europe.
30GF Score

Get the complete analysis for XMAD:COXE

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€1.73
Price