MBGYY (Mercedes-Benz Group AG) 3-Year ROIIC % : -30.94% (As of Dec. 2023)

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What is Mercedes-Benz Group AG 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. Mercedes-Benz Group AG's 3-Year ROIIC % for the quarter that ended in Dec. 2023 was -30.94%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

The industry rank for Mercedes-Benz Group AG's 3-Year ROIIC % or its related term are showing as below:

MBGYY's 3-Year ROIIC % is ranked worse than
83.66% of 1267 companies
in the Vehicles & Parts industry
Industry Median: 6.64 vs MBGYY: -30.94

Mercedes-Benz Group AG 3-Year ROIIC % Historical Data

The historical data trend for Mercedes-Benz Group AG'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.

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Mercedes-Benz Group AG 3-Year ROIIC % Chart

Mercedes-Benz Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

3-Year ROIIC %

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-11.11

-17.23

-36.38

-30.05

-30.94

Mercedes-Benz Group AG Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
3-Year ROIIC %	Get a 7-Day Free Trial															-	-30.94	-	-	-

Competitive Comparison of Mercedes-Benz Group AG's 3-Year ROIIC %

For the Auto Manufacturers subindustry, Mercedes-Benz Group AG'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.

Mercedes-Benz Group AG's 3-Year ROIIC % Distribution in the Vehicles & Parts Industry

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

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

Mercedes-Benz Group AG 3-Year ROIIC % Calculation

Mercedes-Benz Group AG'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^**
	=	( 13824.6097835 (Dec. 2023) - 4685.0363586 (Dec. 2020) )	/	( 245663.032 (Dec. 2023) - 308763.99 (Dec. 2020) )
	=	9139.5734249	/	-63100.958
	=	-14.48%^***

** 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.

Mercedes-Benz Group AG (OTCPK:MBGYY) 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.

Mercedes-Benz Group AG 3-Year ROIIC % Related Terms

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Mercedes-Benz Group AG Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Mercedes-Benz Group AG (OTCPK:MBGYY) » Definitions » 3-Year ROIIC %

Comparable Companies

Traded in Other Exchanges

MBGAF:USA DAI:Romania MBG:Poland MBG:Mexico 1MBG:Italy MERCEDESBENZ:Hungary MBGd:UK 0NXX:UK MBG:Germany MBG:Bulgaria MBG:Austria

Address

Mercedesstrasse 120, Stuttgart, BW, DEU, 70372

Website

https://www.daimler.com

Mercedes-Benz Group is a premium automotive original equipment manufacturer, selling around 2 million passenger cars, including its Chinese joint venture, and just under 450,000 vans per year. The company's financial profile improved significantly following the spinoff of Daimler Truck in 2021. Unlike most automotive OEMs, Mercedes operates under its own brand alone. In 2023, 16% of its passenger cars sold were top end (G Class, Maybach, AMG, S Class), 54% were core (C and E Class), and 30% entry (A and B Class). In volume terms, Asia is Mercedes' largest market at 40% of 2023 vehicle sales followed by Europe at 38% and North America at 17%.