Meyer Burger Technology AG (CHIX:MBTNZ) ROIC %: -133.29% (As of Jun. 2024)


CHIX:MBTNZ Meyer Burger Technology AG CHIX:MBTNZ
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What is Meyer Burger Technology AG ROIC %?

Meyer Burger Technology AG CHIX:MBTNZ 4 ROIC % is -133.29% as of Jun. 2024. GuruFocus rates CHIX:MBTNZ with a GF Score™ of 4/100.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Meyer Burger Technology AG's annualized return on invested capital (ROIC %) for the quarter that ended in Jun. 2024 was -133.29%.

As of today (2026-07-01), Meyer Burger Technology AG's WACC % is 0.00%. Meyer Burger Technology AG's ROIC % is 0.00% (calculated using TTM income statement data). Meyer Burger Technology AG earns returns that do not match up to its cost of capital. It will destroy value as it grows.


Meyer Burger Technology AG  (CHIX:MBTNz) 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, Meyer Burger Technology AG's WACC % is 0.00%. Meyer Burger Technology AG's ROIC % is 0.00% (calculated using TTM income statement data). Meyer Burger Technology AG 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.


Meyer Burger Technology AG ROIC % Related Terms


Meyer Burger Technology AG ROIC % Historical Data

* Premium members only.

The historical data trend for Meyer Burger Technology AG'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.

Meyer Burger Technology AG ROIC % Chart

Meyer Burger Technology AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -27.96 -38.68 -44.14 -16.73 -55.66

Meyer Burger Technology AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 -23.40 -11.52 -25.25 -77.24 -133.29

CHIX:MBTNZ vs FSLR, NXT, ENPH: ROIC % Comparison

For the Solar subindustry, Meyer Burger Technology AG'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.


Meyer Burger Technology AG ROIC % vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Meyer Burger Technology AG's ROIC % distribution charts can be found below:

* The bar in red indicates where Meyer Burger Technology AG's ROIC % falls into.


CHIX:MBTNZ
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Meyer Burger Technology AG CHIX:MBTNZ
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Meyer Burger Technology AG ROIC % Calculation

Meyer Burger Technology AG's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2023 is calculated as:

ROIC % (A: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2022 ) + Invested Capital (A: Dec. 2023 ))/ count )
=-248.543 * ( 1 - 0.28% )/( (391.41 + 499.118)/ 2 )
=-247.8470796/445.264
=-55.66 %

where

Invested Capital(A: Dec. 2022 )
=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))
=720.442 - 35.869 - ( 293.163 - max(0, 89.452 - 473.798+293.163))
=391.41

Invested Capital(A: Dec. 2023 )
=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))
=681.216 - 31.873 - ( 150.225 - max(0, 160.517 - 386.068+150.225))
=499.118

Meyer Burger Technology AG's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Jun. 2024 is calculated as:

ROIC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-645.48 * ( 1 - 0.86% )/( (499.118 + 461.102)/ 2 )
=-639.928872/480.11
=-133.29 %

where

Invested Capital(Q: Dec. 2023 )
=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))
=681.216 - 31.873 - ( 150.225 - max(0, 160.517 - 386.068+150.225))
=499.118

Invested Capital(Q: Jun. 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))
=600.101 - 18.197 - ( 158.635 - max(0, 205.189 - 325.991+158.635))
=461.102

Note: The Operating Income data used here is two times the semi-annual (Jun. 2024) 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 -133.29% mean?
Meyer Burger Technology AG (CHIX:MBTNZ) has a ROIC % of -133.29% as of Jun. 2024. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Meyer Burger Technology AG and its competitors.
Is Meyer Burger Technology AG's ROIC % too high?
Meyer Burger Technology AG's current ROIC % is -133.29%. Overall, Meyer Burger Technology AG has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does Meyer Burger Technology AG's ROIC % compare to FSLR and NXT?
Meyer Burger Technology AG's ROIC % of -133.29% can be compared against companies in the Semiconductors industry. The industry median ROIC % is 3.74. 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 Semiconductors company?
The median ROIC % among Semiconductors companies is 3.74, based on 1,010 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. 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 Meyer Burger Technology AG and its competitors. For the Semiconductors industry, the median ROIC % is 3.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meyer Burger Technology AG's current ROIC % is -133.29%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meyer Burger Technology AG stock overvalued right now?
Meyer Burger Technology AG (CHIX:MBTNZ) has a current ROIC % of -133.29%. The current ROIC % is -133.29%. Meyer Burger Technology AG's overall GF Score™ is 4/100. 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 Meyer Burger Technology AG (CHIX:MBTNZ), the current ROIC % is -133.29% as of Jun. 2024. 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.

Meyer Burger Technology AG Business Description

Address Schorenstrasse 39, Gwatt (Thun), CHE, CH-3645
Meyer Burger Technology AG operates in the technology sector of Switzerland. Its business involves building equipment to produce solar cells, modules, and systems. Meyer's activities are divided into reportable segments, Photovoltaics, and Modules. The company generates maximum revenue from Modules Segment whose product range includes efficient solar modules for roof systems in the private and commercial sector as well as solutions for the solar power plant segment. The company derives the majority of its revenue from Germany.
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