MLLGF (Mullen Group) 3-Year ROIIC % : -8.70% (As of Dec. 2025)


MLLGF Mullen Group Ltd MLLGF
78 GF Score
Price $15.02
GF Value $11.33
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Mullen Group 3-Year ROIIC %?

Mullen Group MLLGF -0.33% 78 3-Year ROIIC % is -8.70 as of Dec. 2025. GuruFocus rates MLLGF with a GF Score™ of 78/100 and a GF Value™ of $11.33 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 937 Transportation companies, Mullen Group ranks worse than 69.58% 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. Mullen Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -8.70%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.

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

MLLGF's 3-Year ROIIC % is ranked worse than
69.58% of 937 companies
in the Transportation industry
Industry Median: 1.8 vs MLLGF: -8.70

Mullen Group  (OTCPK:MLLGF) 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.


Mullen Group 3-Year ROIIC % Related Terms


Mullen Group 3-Year ROIIC % Historical Data

* Premium members only.

The historical data trend for Mullen 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.

Mullen Group 3-Year ROIIC % Chart

Mullen Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
3-Year ROIIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.83 35.06 14.98 20.52 -8.70

Mullen Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
3-Year ROIIC % 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 0.00 0.00 0.00 -8.70 0.00

MLLGF vs ODFL, XPO, KNX: 3-Year ROIIC % Comparison

For the Trucking subindustry, Mullen 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.


Mullen Group 3-Year ROIIC % vs Transportation Industry

For the Transportation industry and Industrials sector, Mullen Group's 3-Year ROIIC % distribution charts can be found below:

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


MLLGF
78GF Score
Mullen Group Ltd MLLGF
3-Year ROIIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mullen Group 3-Year ROIIC % Calculation

Mullen Group's 3-Year ROIIC % for the quarter that ended in Dec. 2025 is calculated as:

3-Year ROIIC %=3-Year Incremental Net Operating Profit After Taxes (NOPAT)**/3-Year Incremental Invested Capital**
=( 93.2904344 (Dec. 2025) - 120.3474868 (Dec. 2022) )/( 1603.119 (Dec. 2025) - 1333.374 (Dec. 2022) )
=-27.0570524/269.745
=-10.03%***

* 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.

Frequently Asked Questions Learn more about 3-Year ROIIC % →
What does a 3-Year ROIIC % of -8.70 mean?
Mullen Group (MLLGF) has a 3-Year ROIIC % of -8.70 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 Mullen Group and its competitors. According to the industry distribution chart, Mullen Group ranks #652 out of 937 companies in the Transportation industry, placing it in the top 69.6%.
Is Mullen Group's 3-Year ROIIC % too high?
Mullen Group's current 3-Year ROIIC % is -8.70. Based on the distribution chart, Mullen Group ranks #652 out of 937 companies in the Transportation industry, which is below the industry midpoint. Overall, Mullen Group has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mullen Group's 3-Year ROIIC % compare to ODFL and XPO?
According to the Transportation industry distribution chart, Mullen Group ranks #652 out of 937 companies for 3-Year ROIIC %. This places Mullen Group in the lower half of its industry. The industry median 3-Year ROIIC % is 1.80. 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 Transportation company?
The median 3-Year ROIIC % among Transportation companies is 1.80, based on 937 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. 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 Mullen Group and its competitors. For the Transportation industry, the median 3-Year ROIIC % is 1.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mullen Group's current 3-Year ROIIC % is -8.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mullen Group stock overvalued right now?
Based on GuruFocus' analysis, Mullen Group (MLLGF) is currently considered Significantly Overvalued. The stock's GF Value™ is $11.33, compared to a current price of $15.02 — trading 32.6% above its estimated fair value. The current 3-Year ROIIC % is -8.70. Mullen Group's overall GF Score™ is 78/100 with 10 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 Mullen Group (MLLGF), the current 3-Year ROIIC % is -8.70 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 Mullen Group (MLLGF) Overvalued in 2026?

Based on GuruFocus' analysis, Mullen Group stock appears to be overvalued. The current stock price of $15.02 is trading 32.6% above its estimated GF Value™ of $11.33. GuruFocus considers Mullen Group to be Significantly Overvalued.

Key valuation signals for MLLGF:

  • 3-Year ROIIC %: -8.70
  • GF Value™: $11.33 vs. price of $15.02 (32.6% above fair value)
  • GF Score™: 78/100 with 10 warning signs

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


Mullen Group Business Description

Other Exchanges 9MU:GermanyMTL:Canada
Address 121A 31 Southridge Drive, Okotoks, AB, CAN, T1S 2N3
Mullen Group Ltd is a logistics provider with a network of independently operated businesses providing a wide range of service offerings, including less-than-truckload, truckload, Specialized & Industrial Services, warehousing and logistics, U.S. and International Logistics, and Corporate. The segments of the company are Less-Than-Truckload, Logistics and Warehousing, Specialized and Industrial Services, U.S. and International Logistics, and Corporate segment. The company derives the majority of its revenue from the Less-Than-Truckload segment and geographical revenue from Canada. The company also provides a diverse set of specialized services related to the energy, mining, forestry, and construction industries in western Canada.
78GF Score

Get the complete analysis for MLLGF

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

$15.02
Price
$11.33
GF Value