Basis: Latest reported fiscal year. 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 -10.35% is 208% below its 5-year average of -3.36%, near the low end of its 5-year range (-12.89%–7.37%).
As of the fiscal period ended Tuesday, September 30, 2025. 10.93% above its 12-month average of -11.62%.
Annual fiscal-year return on invested capital; no daily interpolation. Historical series through 2025-09-30.
RETURN ON INVESTED CAPITAL (ROIC)
-10.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-11.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-7.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-3.36%
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
+10.93%
CURRENT VS 3Y AVG
-46.70%
CURRENT VS 5Y AVG
-207.73%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · BASIC MATERIALS
5.81%
median of 103 covered companies
CURRENT VS SECTOR MEDIAN
-278.14%
vs the sector median at left
CN Energy Group. Inc.
Market Cap
$1.65M
Return on Invested Capital (ROIC)
-10.35%
TTM Avg
-11.62%
3Y Avg
-7.05%
5Y Avg
-3.36%
Market Cap
$2.17M
Return on Invested Capital (ROIC)
-11.35%
TTM Avg
-4.80%
3Y Avg
-1.83%
5Y Avg
0.77%
Market Cap
$4.27M
Return on Invested Capital (ROIC)
-4.06%
TTM Avg
-10.21%
3Y Avg
-5.61%
5Y Avg
-4.14%
Market Cap
$4.86M
Return on Invested Capital (ROIC)
-1.38%
TTM Avg
-0.69%
3Y Avg
-7.02%
5Y Avg
-6.02%
Market Cap
$6.75M
Return on Invested Capital (ROIC)
-24.53%
TTM Avg
-24.05%
3Y Avg
-27.07%
5Y Avg
-27.72%
Market Cap
$7.13M
Return on Invested Capital (ROIC)
-2.31%
TTM Avg
-0.16%
3Y Avg
7.61%
5Y Avg
10.59%
Market Cap
$7.64M
Return on Invested Capital (ROIC)
9.68%
TTM Avg
-278.77%
3Y Avg
-278.77%
5Y Avg
-65.39%
Market Cap
$8.31M
Return on Invested Capital (ROIC)
-123.95%
TTM Avg
-63.77%
3Y Avg
-34.26%
5Y Avg
-27.44%
Market Cap
$10.02M
Return on Invested Capital (ROIC)
-3.20%
TTM Avg
-2.50%
3Y Avg
0.35%
5Y Avg
1.92%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CN Energy Group. Inc. (CNEY) | $1.65M | -10.35% | -11.62% | -7.05% | -3.36% |
| Capstone Holding Corp. (CAPS)vs › | $2.17M | -11.35% | -4.80% | -1.83% | 0.77% |
| Gulf Resources, Inc. (GURE)vs › | $4.27M | -4.06% | -10.21% | -5.61% | -4.14% |
| China Natural Resources, Inc. (CHNR)vs › | $4.86M | -1.38% | -0.69% | -7.02% | -6.02% |
| Foremost Clean Energy Ltd. (FMST)vs › | $6.75M | -24.53% | -24.05% | -27.07% | -27.72% |
| Bon Natural Life Limited (BON)vs › | $7.13M | -2.31% | -0.16% | 7.61% | 10.59% |
| Atlas Critical Minerals Corporation (ATCX)vs › | $7.64M | 9.68% | -278.77% | -278.77% | -65.39% |
| Blue Gold Limited (BGL)vs › | $8.31M | -123.95% | -63.77% | -34.26% | -27.44% |
| Huadi International Group Co., Ltd. (HUDI)vs › | $10.02M | -3.20% | -2.50% | 0.35% | 1.92% |
| Antelope Enterprise Holdings Limited (AEHL)vs › | $10.59M | -35.65% | -35.26% | -55.25% | -55.52% |
ROIC
-10.3%
ROE
-10.9%
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) |
|---|---|
| 2025-09-30 | -10.35% |
| 2024-09-30 | -12.89% |
| 2023-09-30 | -5.57% |
| 2022-09-30 | 0.59% |
| 2021-09-30 | 0.67% |
| 2020-09-30 | 7.37% |
| 2019-09-30 | 9.16% |
| 2018-09-30 | 5.78% |
| 2017-09-30 | -6.29% |
