GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Massimo Group (NAS:MAMO) » Definitions » 3-Year ROIIC %

MAMO (Massimo Group) 3-Year ROIIC % : 0.00% (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Massimo Group 3-Year ROIIC %?

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. Massimo Group does not have enough data to calculate 3-Year ROIIC %.


Massimo Group 3-Year ROIIC % Historical Data

The historical data trend for Massimo Group's 3-Year ROIIC % 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.

* Premium members only.

Massimo Group 3-Year ROIIC % Chart

Massimo Group Annual Data
Trend Dec21 Dec22 Dec23
3-Year ROIIC %
- - -

Massimo Group Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
3-Year ROIIC % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Massimo Group's 3-Year ROIIC %

For the Recreational Vehicles subindustry, Massimo Group'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.


Massimo Group's 3-Year ROIIC % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Massimo Group's 3-Year ROIIC % distribution charts can be found below:

* The bar in red indicates where Massimo Group's 3-Year ROIIC % falls into.


';

Massimo Group 3-Year ROIIC % Calculation

Massimo Group's 3-Year ROIIC % for the quarter that ended in Dec. 2023 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 10.7286746 (Dec. 2023) - (Dec. 2020) )/( 25.462 (Dec. 2023) - (Dec. 2020) )
=/
=N/A%***

* 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.


Massimo Group  (NAS:MAMO) 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.


Massimo Group 3-Year ROIIC % Related Terms

Thank you for viewing the detailed overview of Massimo Group's 3-Year ROIIC % provided by GuruFocus.com. Please click on the following links to see related term pages.


Massimo Group Business Description

Traded in Other Exchanges
N/A
Address
3101 W Miller Road, Garland, TX, USA, 75041
Massimo Group is engaged in the mid-tier band the (Mid-Tier Band) of the Powersports Vehicles and Boats Industry. It manufacture, import and distribute a diversified portfolio of products divided into two main lines: a motor sports brand consisting of utility terrain vehicles (UTVs), all-terrain vehicles (ATVs), motorcycles, scooters, golf carts and a juvenile line from go karts to balance bikes; and a motor boat line consisting of pontoon and tritoon boats (Pontoon Boats).