Basis: Trailing twelve months (TTM), to the latest fiscal quarter end. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the return on invested capital (ROIC) high or low?
The return on invested capital (ROIC) of -134.27% is 36% above its 2-year average of -210.62%, near the high end of its 2-year range (-779.13%–-34.22%).
As of the fiscal period ended Tuesday, June 30, 2026. 16.61% below its 12-month average of -115.14%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q3 FY2026 (2026-06-30): -134.27%.
RETURN ON INVESTED CAPITAL (ROIC)
-134.27%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-115.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
-16.61%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.98%
median of 548 covered companies
CURRENT VS SECTOR MEDIAN
-6864.14%
vs the sector median at left
Aether Holdings, Inc. Common Stock
Market Cap
$38.98M
Return on Invested Capital (ROIC)
-134.27%
TTM Avg
-115.14%
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$37.72M
Return on Invested Capital (ROIC)
-0.05%
TTM Avg
-368.15%
3Y Avg
-199.48%
5Y Avg
-159.63%
Market Cap
$37.90M
Return on Invested Capital (ROIC)
0.14%
TTM Avg
-17.30%
3Y Avg
-10.20%
5Y Avg
-7.99%
Market Cap
$38.12M
Return on Invested Capital (ROIC)
-28.87%
TTM Avg
-75.02%
3Y Avg
-75.38%
5Y Avg
-69.23%
Market Cap
$37.39M
Return on Invested Capital (ROIC)
-49.00%
TTM Avg
-113.43%
3Y Avg
-414.47%
5Y Avg
-538.88%
Market Cap
$40.45M
Return on Invested Capital (ROIC)
-2.26%
TTM Avg
10.61%
3Y Avg
-0.29%
5Y Avg
-14.09%
Market Cap
$37.13M
Return on Invested Capital (ROIC)
-141.04%
TTM Avg
-80.63%
3Y Avg
-73.68%
5Y Avg
-74.04%
Market Cap
$41.45M
Return on Invested Capital (ROIC)
-164.28%
TTM Avg
-117.80%
3Y Avg
-80.05%
5Y Avg
-60.05%
Market Cap
$41.71M
Return on Invested Capital (ROIC)
-24.12%
TTM Avg
-16.99%
3Y Avg
-30.47%
5Y Avg
-58.60%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aether Holdings, Inc. Common Stock (ATHR) | $38.98M | -134.27% | -115.14% | N/A | N/A |
| Brand Engagement Network, Inc. (BNAI)vs › | $37.72M | -0.05% | -368.15% | -199.48% | -159.63% |
| Comtech Telecommunications Corp. (CMTL)vs › | $37.90M | 0.14% | -17.30% | -10.20% | -7.99% |
| GameSquare Holdings Inc. (GAME)vs › | $38.12M | -28.87% | -75.02% | -75.38% | -69.23% |
| Diginex Limited (DGNX)vs › | $37.39M | -49.00% | -113.43% | -414.47% | -538.88% |
| MIND Technology, Inc. (MIND)vs › | $40.45M | -2.26% | 10.61% | -0.29% | -14.09% |
| MicroVision, Inc. (MVIS)vs › | $37.13M | -141.04% | -80.63% | -73.68% | -74.04% |
| Blaize Holdings Inc. (BZAI)vs › | $41.45M | -164.28% | -117.80% | -80.05% | -60.05% |
| Phunware, Inc. (PHUN)vs › | $41.71M | -24.12% | -16.99% | -30.47% | -58.60% |
| Republic Power Group Limited (RPGL)vs › | $35.33M | 5.99% | -6.99% | 10.37% | 27.61% |
ROIC
-134.3%
ROE
-504.8%
ROIC = NOPAT / Invested Capital, where NOPAT = Operating Income × (1 − effective tax rate) and Invested Capital = Total Assets − (Current Liabilities − Short-Term Debt)
Return on invested capital measures the after-tax operating return a company earns on the capital invested in the business. TGMCharts computes it from reported statements: trailing-twelve-month operating income after tax, over invested capital at the latest balance sheet — total assets less the non-interest-bearing current liabilities (payables, accruals, deferred revenue) that fund them; short-term debt stays in the capital base. The tax rate is the period's own effective rate (income tax ÷ pretax income), capped at 45%; when pretax income is zero or negative, or the tax line is a net benefit, no tax is deducted — the operating figure is shown untaxed rather than adjusted by an assumed rate. Not shown for banks, insurers or funds.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | RETURN ON INVESTED CAPITAL (ROIC) |
|---|---|
| 2026-06-30 | -134.27% |
| 2026-03-31 | -209.81% |
| 2025-12-31 | -126.21% |
| 2025-09-30 | -71.18% |
| 2025-06-30 | -34.22% |
| 2024-09-30 | -779.13% |
| 2024-06-30 | -152.65% |
| 2024-03-31 | -177.51% |
