Automob Participacoes (BSP:AMOB3) ROIC %: 4.74% (As of Mar. 2026)


BSP:AMOB3 Automob Participacoes SA BSP:AMOB3
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What is Automob Participacoes ROIC %?

Automob Participacoes BSP:AMOB3 +1.67% 9 ROIC % is 4.74% as of Mar. 2026. GuruFocus rates BSP:AMOB3 with a GF Score™ of 9/100. The stock has 4 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Automob Participacoes's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 4.74%.

As of today (2026-06-27), Automob Participacoes's WACC % is 12.76%. Automob Participacoes's ROIC % is 2.61% (calculated using TTM income statement data). Automob Participacoes earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Automob Participacoes  (BSP:AMOB3) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROIC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Automob Participacoes's WACC % is 12.76%. Automob Participacoes's ROIC % is 2.61% (calculated using TTM income statement data). Automob Participacoes earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Be Aware

Like ROE % and ROA %, ROIC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.


Automob Participacoes ROIC % Related Terms


Automob Participacoes ROIC % Historical Data

* Premium members only.

The historical data trend for Automob Participacoes's ROIC % 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.

Automob Participacoes ROIC % Chart

Automob Participacoes Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
5.27 30.48 8.44 1.92 2.56

Automob Participacoes Quarterly Data
Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROIC % 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 4.01 1.79 -0.85 3.52 4.74

BSP:AMOB3 vs CVNA, PAG, ALTB: ROIC % Comparison

For the Auto & Truck Dealerships subindustry, Automob Participacoes's ROIC %, along with its competitors' market caps and ROIC % 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.


Automob Participacoes ROIC % vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Automob Participacoes's ROIC % distribution charts can be found below:

* The bar in red indicates where Automob Participacoes's ROIC % falls into.


BSP:AMOB3
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Automob Participacoes SA BSP:AMOB3
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Automob Participacoes ROIC % Calculation

Automob Participacoes's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=211.661 * ( 1 - 16.81% )/( (6828.102 + 6939.387)/ 2 )
=176.0807859/6883.7445
=2.56 %

where

Invested Capital(A: Dec. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8909.802 - 1326.024 - ( 755.676 - max(0, 3369.924 - 5362.972+755.676))
=6828.102

Invested Capital(A: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8428.13 - 1222.526 - ( 266.217 - max(0, 3287.735 - 4667.104+266.217))
=6939.387

Automob Participacoes's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Mar. 2026 is calculated as:

ROIC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=325.876 * ( 1 - 0% )/( (6939.387 + 6824.509)/ 2 )
=325.876/6881.948
=4.74 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8428.13 - 1222.526 - ( 266.217 - max(0, 3287.735 - 4667.104+266.217))
=6939.387

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=8435.992 - 1123.289 - ( 488.194 - max(0, 3380.92 - 4721.904+488.194))
=6824.509

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROIC % →
What does a ROIC % of 4.74% mean?
Automob Participacoes (BSP:AMOB3) has a ROIC % of 4.74% as of Mar. 2026. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Automob Participacoes and its competitors.
Is Automob Participacoes' ROIC % too high?
Automob Participacoes' current ROIC % is 4.74%. The Vehicles & Parts industry median ROIC % is 5.07. Automob Participacoes' value of 4.74% is 6.5% below this industry median. Overall, Automob Participacoes has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Automob Participacoes' ROIC % compare to CVNA and PAG?
Automob Participacoes' ROIC % of 4.74% can be compared against companies in the Vehicles & Parts industry. The industry median ROIC % is 5.07. Automob Participacoes' value of 4.74% is 6.5% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Vehicles & Parts company?
The median ROIC % among Vehicles & Parts companies is 5.07, based on 1,316 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Automob Participacoes's current ROIC % of 4.74% is 6.5% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Automob Participacoes and its competitors. For the Vehicles & Parts industry, the median ROIC % is 5.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Automob Participacoes's current ROIC % is 4.74%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Automob Participacoes stock overvalued right now?
Automob Participacoes (BSP:AMOB3) has a current ROIC % of 4.74%. The current ROIC % is 4.74% and 6.5% below the Vehicles & Parts industry median of 5.07. Automob Participacoes' overall GF Score™ is 9/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Automob Participacoes (BSP:AMOB3), the current ROIC % is 4.74% 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.

Automob Participacoes Business Description

Address Rua Doutor Renato Paes de Barros, 1017, 9th floor, Itaim Bibi, Sao Paulo, SP, BRA, 04530-001
Automob Participacoes SA, along with its subsidiaries, operates in the sale of new and used vehicles, including passenger cars, commercial vehicles, electric vehicles, motorcycles, trucks, buses, and forklifts. It also sells agricultural equipment and machinery for construction, mining, and industrial use, along with parts and accessories. It has two operating segments: Light Vehicles and Heavy Vehicles. The majority of revenue is derived from the Light Vehicles segment, which includes the sale of new and used vehicles (passenger cars, commercial vehicles and motorcycles), parts, accessories, mechanical, bodywork and painting services, armoring services, sale of electric vehicles and financing and insurance intermediation services.
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