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 -0.05% is 100% above its 4-year average of -79.80%, near the high end of its 4-year range (-553.46%–-0.05%).
As of the fiscal period ended Tuesday, June 30, 2026. 99.97% above its 12-month average of -196.91%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -0.05%.
RETURN ON INVESTED CAPITAL (ROIC)
-0.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-196.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-186.10%
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
+99.97%
CURRENT VS 3Y AVG
+99.97%
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
0.43%
median of 609 covered companies
CURRENT VS SECTOR MEDIAN
-112.71%
vs the sector median at left
Brand Engagement Network, Inc.
Market Cap
$39.14M
Return on Invested Capital (ROIC)
-0.05%
TTM Avg
-196.91%
3Y Avg
-186.10%
5Y Avg
N/A
Market Cap
$38.38M
Return on Invested Capital (ROIC)
-28.87%
TTM Avg
-75.02%
3Y Avg
-75.38%
5Y Avg
-69.23%
Market Cap
$38.02M
Return on Invested Capital (ROIC)
-134.27%
TTM Avg
-440.65%
3Y Avg
-440.65%
5Y Avg
-440.65%
Market Cap
$40.90M
Return on Invested Capital (ROIC)
-2.26%
TTM Avg
10.61%
3Y Avg
-0.29%
5Y Avg
-14.09%
Market Cap
$37.45M
Return on Invested Capital (ROIC)
0.14%
TTM Avg
-17.30%
3Y Avg
-10.20%
5Y Avg
-7.99%
Market Cap
$37.41M
Return on Invested Capital (ROIC)
-49.00%
TTM Avg
-113.43%
3Y Avg
-414.47%
5Y Avg
-538.88%
Market Cap
$41.01M
Return on Invested Capital (ROIC)
-164.28%
TTM Avg
-117.80%
3Y Avg
-80.05%
5Y Avg
-60.05%
Market Cap
$38.20M
Return on Invested Capital (ROIC)
-1.66%
TTM Avg
-1.28%
3Y Avg
-26.13%
5Y Avg
-22.77%
Market Cap
$36.64M
Return on Invested Capital (ROIC)
-4.31%
TTM Avg
-4.64%
3Y Avg
-19.95%
5Y Avg
-12.99%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Brand Engagement Network, Inc. (BNAI) | $39.14M | -0.05% | -196.91% | -186.10% | N/A |
| GameSquare Holdings Inc. (GAME)vs › | $38.38M | -28.87% | -75.02% | -75.38% | -69.23% |
| Aether Holdings, Inc. Common Stock (ATHR)vs › | $38.02M | -134.27% | -440.65% | -440.65% | -440.65% |
| MIND Technology, Inc. (MIND)vs › | $40.90M | -2.26% | 10.61% | -0.29% | -14.09% |
| Comtech Telecommunications Corp. (CMTL)vs › | $37.45M | 0.14% | -17.30% | -10.20% | -7.99% |
| Diginex Limited (DGNX)vs › | $37.41M | -49.00% | -113.43% | -414.47% | -538.88% |
| Blaize Holdings Inc. (BZAI)vs › | $41.01M | -164.28% | -117.80% | -80.05% | -60.05% |
| WiMi Hologram Cloud Inc. (WIMI)vs › | $38.20M | -1.66% | -1.28% | -26.13% | -22.77% |
| Koss Corporation (KOSS)vs › | $36.64M | -4.31% | -4.64% | -19.95% | -12.99% |
| Phunware, Inc. (PHUN)vs › | $41.61M | -24.12% | -16.99% | -30.47% | -58.60% |
ROIC
-0.1%
ROE
-0.1%
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 | -0.05% |
| 2026-03-31 | -130.06% |
| 2025-12-31 | -191.46% |
| 2025-09-30 | -350.28% |
| 2025-06-30 | -312.68% |
| 2025-03-31 | -553.46% |
| 2024-12-31 | -530.64% |
| 2024-09-30 | -100.35% |
| 2024-06-30 | -79.57% |
| 2024-03-31 | -66.09% |
| 2023-12-31 | -61.20% |
| 2023-09-30 | -21.92% |
| 2023-06-30 | -21.50% |
| 2023-03-31 | -14.84% |
| 2022-12-31 | -1.75% |
| 2022-09-30 | -1.76% |
| 2022-06-30 | -1.09% |
| 2022-03-31 | -1.25% |
| 2021-12-31 | -0.75% |
