Grupo Multi (BSP:MLAS3) ROIC %: 10.08% (As of Mar. 2026)


BSP:MLAS3 Grupo Multi SA BSP:MLAS3
74 GF Score
Price R$1.67
GF Value R$1.84
Valuation Fairly Valued
! 8 Warning Signs
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What is Grupo Multi ROIC %?

Grupo Multi BSP:MLAS3 -0.60% 74 ROIC % is 10.08% as of Mar. 2026. GuruFocus rates BSP:MLAS3 with a GF Score™ of 74/100 and a GF Value™ of R$1.84 (Fairly Valued). The stock has 8 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 %. Grupo Multi's annualized return on invested capital (ROIC %) for the quarter that ended in Mar. 2026 was 10.08%.

As of today (2026-06-25), Grupo Multi's WACC % is 10.96%. Grupo Multi's ROIC % is 5.00% (calculated using TTM income statement data). Grupo Multi earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Grupo Multi  (BSP:MLAS3) 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, Grupo Multi's WACC % is 10.96%. Grupo Multi's ROIC % is 5.00% (calculated using TTM income statement data). Grupo Multi 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.


Grupo Multi ROIC % Related Terms


Grupo Multi ROIC % Historical Data

* Premium members only.

The historical data trend for Grupo Multi'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.

Grupo Multi ROIC % Chart

Grupo Multi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial 24.75 2.52 -15.38 -0.57 2.75

Grupo Multi Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.93 1.36 6.38 3.48 10.08

BSP:MLAS3 vs SNX, ARW, AVT: ROIC % Comparison

For the Electronics & Computer Distribution subindustry, Grupo Multi'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.


Grupo Multi ROIC % vs Hardware Industry

For the Hardware industry and Technology sector, Grupo Multi's ROIC % distribution charts can be found below:

* The bar in red indicates where Grupo Multi's ROIC % falls into.


BSP:MLAS3
74GF Score
Grupo Multi SA BSP:MLAS3
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Grupo Multi ROIC % Calculation

Grupo Multi'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 )
=106.488 * ( 1 - 14.59% )/( (3366.679 + 3239.716)/ 2 )
=90.9514008/3303.1975
=2.75 %

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))
=5308.7 - 1197.468 - ( 744.553 - max(0, 1582.283 - 3651.399+744.553))
=3366.679

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))
=5253.49 - 1357.236 - ( 656.538 - max(0, 1900.228 - 3653.89+656.538))
=3239.716

Grupo Multi'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 )
=332.624 * ( 1 - 1.02% )/( (3239.716 + 3295.415)/ 2 )
=329.2312352/3267.5655
=10.08 %

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))
=5253.49 - 1357.236 - ( 656.538 - max(0, 1900.228 - 3653.89+656.538))
=3239.716

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))
=5257.481 - 1337.448 - ( 624.618 - max(0, 1772.59 - 3694.178+624.618))
=3295.415

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 10.08% mean?
Grupo Multi (BSP:MLAS3) has a ROIC % of 10.08% 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 Grupo Multi and its competitors.
Is Grupo Multi's ROIC % too high?
Grupo Multi's current ROIC % is 10.08%. The Hardware industry median ROIC % is 4.12. Grupo Multi's value of 10.08% is 144.7% above this industry median. Overall, Grupo Multi has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Grupo Multi's ROIC % compare to SNX and ARW?
Grupo Multi's ROIC % of 10.08% can be compared against companies in the Hardware industry. The industry median ROIC % is 4.12. Grupo Multi's value of 10.08% is 144.7% above 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 Hardware company?
The median ROIC % among Hardware companies is 4.12, based on 2,443 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. Grupo Multi's current ROIC % of 10.08% is 144.7% above 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 Grupo Multi and its competitors. For the Hardware industry, the median ROIC % is 4.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Grupo Multi's current ROIC % is 10.08%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Grupo Multi stock overvalued right now?
Based on GuruFocus' analysis, Grupo Multi (BSP:MLAS3) is currently considered Fairly Valued. The stock's GF Value™ is R$1.84, compared to a current price of R$1.67 — trading 9.2% below its estimated fair value. The current ROIC % is 10.08% and 144.7% above the Hardware industry median of 4.12. Grupo Multi's overall GF Score™ is 74/100 with 8 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 Grupo Multi (BSP:MLAS3), the current ROIC % is 10.08% 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 Grupo Multi (BSP:MLAS3) Overvalued in 2026?

Based on GuruFocus' analysis, Grupo Multi stock appears to be undervalued. The current stock price of R$1.67 is trading 9.2% below its estimated GF Value™ of R$1.84. GuruFocus considers Grupo Multi to be Fairly Valued.

Key valuation signals for BSP:MLAS3:

  • ROIC %: 10.08%
  • GF Value™: R$1.84 vs. price of R$1.67 (9.2% below fair value)
  • GF Score™: 74/100 with 8 warning signs
  • Industry Position: 144.7% above the Hardware median

No single metric tells the full story. See the BSP:MLAS3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Grupo Multi Business Description

Address Avenida Brigadeiro Faria Lima, No. 1811, 15th Andar, Sao Paulo, SP, BRA, CEP 01452-001
Grupo Multi SA, formerly Multilaser Industrial Ltd is involved in the electronics and computer supplies segment. The company offers cell phones, smartphones, telecommunications, tools and electronics segments, and others.
74GF Score

Get the complete analysis for BSP:MLAS3

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

R$1.67
Price
R$1.84
GF Value