Mercedes-Benz Group AGXSWX:MBG 62 ROC (Joel Greenblatt) % is 7.87% as of Mar. 2026, which is 44% below its 10-year median of 14.09. GuruFocus rates XSWX:MBG with a GF Score™ of 62/100 and a GF Value™ of CHF52.97 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,337 Vehicles & Parts companies, Mercedes-Benz Group AG ranks worse than 66.87% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Mercedes-Benz Group AG's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.87%.
The historical rank and industry rank for Mercedes-Benz Group AG's ROC (Joel Greenblatt) % or its related term are showing as below:
XSWX:MBG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.04 Med: 14.09 Max: 23.68
Current: 6.19
During the past 13 years, Mercedes-Benz Group AG's highest ROC (Joel Greenblatt) % was 23.68%. The lowest was 4.04%. And the median was 14.09%.
XSWX:MBG's ROC (Joel Greenblatt) % is ranked worse than 66.87% of 1337
companies
in the Vehicles & Parts industry
Industry Median: 11.83
vs XSWX:MBG: 6.19
Mercedes-Benz Group AG's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.90% per year.
Mercedes-Benz Group AG (XSWX:MBG) ROC (Joel Greenblatt) % Explanation
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Mercedes-Benz Group AG ROC (Joel Greenblatt) % Related Terms
Mercedes-Benz Group AG ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Mercedes-Benz Group AG's ROC (Joel Greenblatt) % 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.
Mercedes-Benz Group AG ROC (Joel Greenblatt) % Chart
XSWX:MBG vs TSLA, GM, F: ROC (Joel Greenblatt) % Comparison
For the Auto Manufacturers subindustry, Mercedes-Benz Group AG's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.
Mercedes-Benz Group AG ROC (Joel Greenblatt) % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Mercedes-Benz Group AG's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Mercedes-Benz Group AG's ROC (Joel Greenblatt) % falls into.
Mercedes-Benz Group AG ROC (Joel Greenblatt) % Calculation
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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.
What does a ROC (Joel Greenblatt) % of 7.87% mean?
Mercedes-Benz Group AG (XSWX:MBG) has a ROC (Joel Greenblatt) % of 7.87% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Mercedes-Benz Group AG and its competitors. This is 44% below median its historical median of 14.09. Over the past decade, Mercedes-Benz Group AG's ROC (Joel Greenblatt) % has ranged from 4.04 to 23.68. According to the industry distribution chart, Mercedes-Benz Group AG ranks #894 out of 1337 companies in the Vehicles & Parts industry, placing it in the top 66.9%.
Is Mercedes-Benz Group AG's ROC (Joel Greenblatt) % too high?
Mercedes-Benz Group AG's current ROC (Joel Greenblatt) % of 7.87% is 44% below median its 10-year median of 14.09. Over the past 10 years, this metric has ranged from a low of 4.04 to a high of 23.68. The Vehicles & Parts industry median ROC (Joel Greenblatt) % is 11.83. Mercedes-Benz Group AG's value of 7.87% is 33.5% below this industry median. Based on the distribution chart, Mercedes-Benz Group AG ranks #894 out of 1337 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Mercedes-Benz Group AG has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mercedes-Benz Group AG's ROC (Joel Greenblatt) % compare to TSLA and GM?
According to the Vehicles & Parts industry distribution chart, Mercedes-Benz Group AG ranks #894 out of 1337 companies for ROC (Joel Greenblatt) %. This places Mercedes-Benz Group AG in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 11.83. Mercedes-Benz Group AG's value of 7.87% is 33.5% below this benchmark. Historically, Mercedes-Benz Group AG's own ROC (Joel Greenblatt) % has ranged from 4.04 to 23.68 over the past decade. While the company's 10-year median is 14.09 vs. the industry median of 11.83, Mercedes-Benz Group AG has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Vehicles & Parts company?
The median ROC (Joel Greenblatt) % among Vehicles & Parts companies is 11.83, based on 1,337 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mercedes-Benz Group AG's current ROC (Joel Greenblatt) % of 7.87% is 33.5% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Mercedes-Benz Group AG and its competitors. For the Vehicles & Parts industry, the median ROC (Joel Greenblatt) % is 11.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mercedes-Benz Group AG's current ROC (Joel Greenblatt) % is 7.87%, which is 44% below median its own 10-year median of 14.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercedes-Benz Group AG stock overvalued right now?
Based on GuruFocus' analysis, Mercedes-Benz Group AG (XSWX:MBG) is currently considered Possible Value Trap. The stock's GF Value™ is CHF52.97, compared to a current price of CHF40.87 — trading 22.9% below its estimated fair value. The current ROC (Joel Greenblatt) % is 7.87%, which is 44% below median its 10-year median of 14.09 and 33.5% below the Vehicles & Parts industry median of 11.83. Mercedes-Benz Group AG's overall GF Score™ is 62/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Mercedes-Benz Group AG (XSWX:MBG), the current ROC (Joel Greenblatt) % is 7.87% 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.
Is Mercedes-Benz Group AG (XSWX:MBG) Overvalued in 2026?
Based on GuruFocus' analysis, Mercedes-Benz Group AG stock appears to be undervalued.
The current stock price of CHF40.87 is trading 22.9% below its estimated GF Value™ of CHF52.97.
GuruFocus considers Mercedes-Benz Group AG to be Possible Value Trap.
Key valuation signals for XSWX:MBG:
ROC (Joel Greenblatt) %: 7.87% (44% below median its 10-year median of 14.09)
GF Value™: CHF52.97 vs. price of CHF40.87 (22.9% below fair value)
Industry Position: 33.5% below the Vehicles & Parts median (#894 of 1337)
No single metric tells the full story. See the XSWX:MBG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 400,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its brand alone. In 2025, 15% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 58% were core (C and E Class), and 27% entry (A and B Class). In volume terms, Asia and Europe are Mercedes' largest markets, representing 41% and 36% of 2025 vehicle sales, respectively, followed by North America at 16%.
62GF Score
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