Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) ROCE % : 24.20% (As of Mar. 2024)

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What is Wal - Mart de MexicoB 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. Wal - Mart de MexicoB de CV's annualized ROCE % for the quarter that ended in Mar. 2024 was 24.20%.

Wal - Mart de MexicoB de CV ROCE % Historical Data

The historical data trend for Wal - Mart de MexicoB 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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Wal - Mart de MexicoB de CV ROCE % Chart

Wal - Mart de MexicoB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

ROCE %

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26.14

22.93

25.11

26.58

29.12

Wal - Mart de MexicoB 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															25.50	25.97	25.99	40.97	24.20

Wal - Mart de MexicoB de CV ROCE % Calculation

Wal - Mart de MexicoB 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 )
	=	4503.484	/	( ( (21481.759 - 7062.257)	+	(25718.171 - 9203.266) )	/ 2 )
	=	4503.484	/	( (14419.502	+	16514.905)	/ 2 )
	=	4503.484	/	15467.2035
	=	29.12 %

Wal - Mart de MexicoB 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 )
	=	4132.464	/	( ( (25718.171 - 9203.266)	+	(26421.712 - 8778.897) )	/ 2 )
	=	4132.464	/	( ( 16514.905	+	17642.815 )	/ 2 )
	=	4132.464	/	17078.86
	=	24.20 %

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

Wal - Mart de MexicoB de CV (OTCPK:WMMVY) 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.

Wal - Mart de MexicoB de CV ROCE % Related Terms

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Wal - Mart de MexicoB de CV (Wal - Mart de MexicoB de CV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Wal - Mart de Mexico SAB de CV (OTCPK:WMMVY) » Definitions » ROCE %

Comparable Companies

Traded in Other Exchanges

WMMVF:USA WALMEX:Mexico 4GNB:Germany

Address

Nextengo No. 78, Santa Cruz Acayucan, Mexico DF, MEX, 02770

Website

https://www.walmartmexico.com

Wal - Mart de Mexico SAB de CV is the owner and operator of Wal-Mart branded self-service stores in Mexico and Central America. Wal-Mart de Mexico is a subsidiary of Wal-Mart Stores Incorporated, based in the United States. The company generates the majority of revenue in Mexico and a small proportion of revenue from the rest of Central America. The company operates discount stores, hypermarkets, supermarkets, wholesale stores, and pharmacies. The company also engages in the import and sale of goods, property development, and real estate management activities.

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