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CMTOY (Cementos Argos) 10-Year ROIIC % : 6.88% (As of Dec. 2023)


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What is Cementos Argos 10-Year ROIIC %?

10-Year Return on Invested Incremental Capital (10-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 10-year. Cementos Argos's 10-Year ROIIC % for the quarter that ended in Dec. 2023 was 6.88%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Cementos Argos's 10-Year ROIIC % or its related term are showing as below:

CMTOY's 10-Year ROIIC % is ranked better than
59.94% of 362 companies
in the Building Materials industry
Industry Median: 3.23 vs CMTOY: 6.88

Cementos Argos 10-Year ROIIC % Historical Data

The historical data trend for Cementos Argos's 10-Year ROIIC % 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.

* Premium members only.

Cementos Argos 10-Year ROIIC % Chart

Cementos Argos Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
10-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.50 13.54 46.76 0.29 6.88

Cementos Argos Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
10-Year ROIIC % 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 - 6.88 - - -

Competitive Comparison of Cementos Argos's 10-Year ROIIC %

For the Building Materials subindustry, Cementos Argos's 10-Year ROIIC %, along with its competitors' market caps and 10-Year ROIIC % 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.


Cementos Argos's 10-Year ROIIC % Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cementos Argos's 10-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Cementos Argos's 10-Year ROIIC % falls into.



Cementos Argos 10-Year ROIIC % Calculation

Cementos Argos's 10-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

10-Year ROIIC %=10-Year Incremental Net Operating Profit After Taxes (NOPAT)**/10-Year Incremental Invested Capital**
=( 197.0069625 (Dec. 2023) - 124.0647634 (Dec. 2013) )/( 4589.106 (Dec. 2023) - 5407.144 (Dec. 2013) )
=72.9421991/-818.038
=-8.92%***

* 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.

** Annual data of NOPAT and Invested Capital was used to calculate 10-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.


Cementos Argos  (OTCPK:CMTOY) 10-Year ROIIC % Explanation

Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.

High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

Be Aware

It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.


Cementos Argos 10-Year ROIIC % Related Terms

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Cementos Argos Business Description

Traded in Other Exchanges
Address
Carrera 53 No. 106 - 280, Centro Empresarial Buenavista, Piso 17, Barranquilla, COL
Cementos Argos SA is a cement producing company. In terms of the concrete business it is Colombia's key producer and the second-largest producer in the United States. The company's corporate purpose is the exploitation of the cement industry, the production of concrete mixes and any other materials or items made of cement, lime or clay, the acquisition and exploitation of minerals or deposits of exploitable minerals in the cement industry and similar rights to explore and mine the aforementioned minerals, whether by concession, privilege, lease or other title.

Cementos Argos Headlines

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