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 -8.92% is 16% above its 5-year average of -10.65%, near the low end of its 5-year range (-24.19%–56.86%).
As of the fiscal period ended Tuesday, June 30, 2026. 14.48% above its 12-month average of -10.43%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation.
RETURN ON INVESTED CAPITAL (ROIC)
-8.92%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-10.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-12.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-10.65%
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
+14.48%
CURRENT VS 3Y AVG
+28.23%
CURRENT VS 5Y AVG
+16.29%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
8.17%
median of 193 covered companies
CURRENT VS SECTOR MEDIAN
-209.16%
vs the sector median at left
Bitdeer Technologies Group
Market Cap
$2.42B
Return on Invested Capital (ROIC)
-8.92%
TTM Avg
-10.43%
3Y Avg
-12.43%
5Y Avg
-10.65%
Market Cap
$2.44B
Return on Invested Capital (ROIC)
3.87%
TTM Avg
-0.56%
3Y Avg
-3.25%
5Y Avg
-4.81%
Market Cap
$2.34B
Return on Invested Capital (ROIC)
-54.60%
TTM Avg
-53.44%
3Y Avg
-53.70%
5Y Avg
-50.40%
Market Cap
$2.57B
Return on Invested Capital (ROIC)
1.89%
TTM Avg
4.48%
3Y Avg
5.67%
5Y Avg
5.61%
Market Cap
$2.85B
Return on Invested Capital (ROIC)
0.23%
TTM Avg
-5.08%
3Y Avg
-3.35%
5Y Avg
-1.38%
Market Cap
$2.95B
Return on Invested Capital (ROIC)
9.24%
TTM Avg
8.32%
3Y Avg
11.76%
5Y Avg
9.86%
Market Cap
$2.98B
Return on Invested Capital (ROIC)
-11.73%
TTM Avg
-17.80%
3Y Avg
-18.52%
5Y Avg
-15.24%
Market Cap
$1.85B
Return on Invested Capital (ROIC)
-19.86%
TTM Avg
-14.52%
3Y Avg
-35.29%
5Y Avg
-25.00%
Market Cap
$1.84B
Return on Invested Capital (ROIC)
-1.90%
TTM Avg
-11.84%
3Y Avg
-11.84%
5Y Avg
-11.84%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bitdeer Technologies Group (BTDR) | $2.42B | -8.92% | -10.43% | -12.43% | -10.65% |
| nCino, Inc. (NCNO)vs › | $2.44B | 3.87% | -0.56% | -3.25% | -4.81% |
| Asana, Inc. (ASAN)vs › | $2.34B | -54.60% | -53.44% | -53.70% | -50.40% |
| Veeco Instruments Inc. (VECO)vs › | $2.57B | 1.89% | 4.48% | 5.67% | 5.61% |
| AXT, Inc. (AXTI)vs › | $2.85B | 0.23% | -5.08% | -3.35% | -1.38% |
| Bel Fuse Inc. (BELFB)vs › | $2.95B | 9.24% | 8.32% | 11.76% | 9.86% |
| Ambarella, Inc. (AMBA)vs › | $2.98B | -11.73% | -17.80% | -18.52% | -15.24% |
| Keel Infrastructure Corp. (KEEL)vs › | $1.85B | -19.86% | -14.52% | -35.29% | -25.00% |
| SharonAI Holdings, Inc. Class A Common Stock (SHAZ)vs › | $1.84B | -1.90% | -11.84% | -11.84% | -11.84% |
| Ichor Holdings, Ltd. (ICHR)vs › | $1.80B | -2.29% | -2.83% | 0.50% | 2.30% |
ROIC
-8.9%
ROE
-40.6%
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 | -8.92% |
| 2026-03-31 | -7.15% |
| 2025-12-31 | -9.54% |
| 2025-09-30 | -10.54% |
| 2025-06-30 | -15.99% |
| 2025-03-31 | -19.59% |
| 2024-12-31 | -17.58% |
| 2024-09-30 | -7.62% |
| 2024-06-30 | -2.54% |
| 2024-03-31 | -8.48% |
| 2023-12-31 | -10.08% |
| 2023-09-30 | -19.33% |
| 2023-06-30 | -24.19% |
| 2023-03-31 | -15.70% |
| 2022-12-31 | -14.08% |
| 2022-06-30 | -3.27% |
| 2022-03-31 | 56.86% |
| 2021-12-31 | 21.29% |
| 2021-09-30 | 13.47% |
| 2021-06-30 | 24.81% |
| 2021-03-31 | 3.86% |
| 2020-12-31 | -31.71% |
