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Millennium Group (ASIA) PCLBKK:MGC 62 3-Year ROIIC % is 2.31 as of Dec. 2025, which is at its 10-year median of 2.31. GuruFocus rates BKK:MGC with a GF Score™ of 62/100 and a GF Value™ of ฿5.07 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,253 Vehicles & Parts companies, Millennium Group (ASIA) PCL ranks worse than 53.79% on this metric.
3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Millennium Group (ASIA) PCL's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was 2.31%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Millennium Group (ASIA) PCL's 3-Year ROIIC % or its related term are showing as below:
BKK:MGC's 3-Year ROIIC % is ranked worse than 53.79% of 1253
companies
in the Vehicles & Parts industry
Industry Median: 4.24
vs BKK:MGC: 2.31
Millennium Group (ASIA) PCL (BKK:MGC) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Millennium Group (ASIA) PCL 3-Year ROIIC % Related Terms
Millennium Group (ASIA) PCL 3-Year ROIIC % Historical 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.
BKK:MGC vs CVNA, PAG, ALTB: 3-Year ROIIC % Comparison
For the Auto & Truck Dealerships subindustry, Millennium Group (ASIA) PCL's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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.
Millennium Group (ASIA) PCL 3-Year ROIIC % vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Millennium Group (ASIA) PCL's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Millennium Group (ASIA) PCL's 3-Year ROIIC % falls into.
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Millennium Group (ASIA) PCL (BKK:MGC) has a 3-Year ROIIC % of 2.31 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Millennium Group (ASIA) PCL and its competitors. This is near median its historical median of 2.31. According to the industry distribution chart, Millennium Group (ASIA) PCL ranks #674 out of 1253 companies in the Vehicles & Parts industry, placing it in the top 53.8%.
Is Millennium Group (ASIA) PCL's 3-Year ROIIC % too high?
Millennium Group (ASIA) PCL's current 3-Year ROIIC % of 2.31 is near median its 10-year median of 2.31. The Vehicles & Parts industry median 3-Year ROIIC % is 4.24. Millennium Group (ASIA) PCL's value of 2.31 is 45.5% below this industry median. Based on the distribution chart, Millennium Group (ASIA) PCL ranks #674 out of 1253 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Millennium Group (ASIA) PCL has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millennium Group (ASIA) PCL's 3-Year ROIIC % compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, Millennium Group (ASIA) PCL ranks #674 out of 1253 companies for 3-Year ROIIC %. This places Millennium Group (ASIA) PCL in the lower half of its industry. The industry median 3-Year ROIIC % is 4.24. Millennium Group (ASIA) PCL's value of 2.31 is 45.5% below this benchmark. While the company's 10-year median is 2.31 vs. the industry median of 4.24, Millennium Group (ASIA) PCL 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 3-Year ROIIC % for a Vehicles & Parts company?
The median 3-Year ROIIC % among Vehicles & Parts companies is 4.24, based on 1,253 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Millennium Group (ASIA) PCL's current 3-Year ROIIC % of 2.31 is 45.5% 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Millennium Group (ASIA) PCL and its competitors. For the Vehicles & Parts industry, the median 3-Year ROIIC % is 4.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millennium Group (ASIA) PCL's current 3-Year ROIIC % is 2.31, which is near median its own 10-year median of 2.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Group (ASIA) PCL stock overvalued right now?
Based on GuruFocus' analysis, Millennium Group (ASIA) PCL (BKK:MGC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿5.07, compared to a current price of ฿9.60 — trading 89.3% above its estimated fair value. The current 3-Year ROIIC % is 2.31, which is near median its 10-year median of 2.31 and 45.5% below the Vehicles & Parts industry median of 4.24. Millennium Group (ASIA) PCL'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 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Millennium Group (ASIA) PCL (BKK:MGC), the current 3-Year ROIIC % is 2.31 as of Dec. 2025. 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 Millennium Group (ASIA) PCL (BKK:MGC) Overvalued in 2026?
Based on GuruFocus' analysis, Millennium Group (ASIA) PCL stock appears to be overvalued.
The current stock price of ฿9.60 is trading 89.3% above its estimated GF Value™ of ฿5.07.
GuruFocus considers Millennium Group (ASIA) PCL to be Significantly Overvalued.
Key valuation signals for BKK:MGC:
3-Year ROIIC %: 2.31 (near median its 10-year median of 2.31)
GF Value™: ฿5.07 vs. price of ฿9.60 (89.3% above fair value)
Industry Position: 45.5% below the Vehicles & Parts median (#674 of 1253)
No single metric tells the full story. See the BKK:MGC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millennium Group Corp (ASIA) PCL is engaged in providing management consulting services and activities aimed at maximising benefits. Its principal business includes the sale of automobiles, yachts, and spare parts, car maintenance and other services, car rental and chauffeur services, telephone systems, computer programs, human resource development, training services, marketing management services, insurance brokerage, vehicle leasing, and customer acquisition for private jet charter services rental. Its reportable segments include the sale of automobiles, accessories, decorations, and related apparel, after-sales services, automotive parts and maintenance services for independent cars, car and driver rental services, and other businesses. The Group operates principally in Thailand.
62GF Score
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