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 -22.05% is 71% above its 5-year average of -75.45%, near the high end of its 5-year range (-1214.42%–-22.05%).
As of the fiscal period ended Wednesday, December 31, 2025. 18.17% above its 12-month average of -26.95%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2025 (2025-12-31): -22.05%.
RETURN ON INVESTED CAPITAL (ROIC)
-22.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-26.95%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-358.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-75.45%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-82.12%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+18.17%
CURRENT VS 3Y AVG
+93.84%
CURRENT VS 5Y AVG
+70.78%
CURRENT VS 10Y AVG
+73.15%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
4.46%
median of 348 covered companies
CURRENT VS SECTOR MEDIAN
-594.96%
vs the sector median at left
Currenc Group, Inc.
Market Cap
$331.23M
Return on Invested Capital (ROIC)
-22.05%
TTM Avg
-26.95%
3Y Avg
-358.14%
5Y Avg
-75.45%
Market Cap
$338.92M
Return on Invested Capital (ROIC)
-15.97%
TTM Avg
-12.85%
3Y Avg
-12.37%
5Y Avg
-10.14%
Market Cap
$343.65M
Return on Invested Capital (ROIC)
-8.35%
TTM Avg
-15.64%
3Y Avg
-9.49%
5Y Avg
-51.48%
Market Cap
$317.59M
Return on Invested Capital (ROIC)
4.04%
TTM Avg
2.47%
3Y Avg
-0.97%
5Y Avg
-8.60%
Market Cap
$311.74M
Return on Invested Capital (ROIC)
2.87%
TTM Avg
-23.07%
3Y Avg
-11.35%
5Y Avg
-7.32%
Market Cap
$361.50M
Return on Invested Capital (ROIC)
3.77%
TTM Avg
5.28%
3Y Avg
3.12%
5Y Avg
3.18%
Market Cap
$378.52M
Return on Invested Capital (ROIC)
2.56%
TTM Avg
-0.47%
3Y Avg
-3.60%
5Y Avg
-3.40%
Market Cap
$277.44M
Return on Invested Capital (ROIC)
-58.13%
TTM Avg
-112.92%
3Y Avg
-227.37%
5Y Avg
-170.03%
Market Cap
$274.90M
Return on Invested Capital (ROIC)
4.08%
TTM Avg
5.20%
3Y Avg
6.19%
5Y Avg
8.13%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Currenc Group, Inc. (CURR) | $331.23M | -22.05% | -26.95% | -358.14% | -75.45% |
| Nano Dimension Ltd. (NNDM)vs › | $338.92M | -15.97% | -12.85% | -12.37% | -10.14% |
| SEALSQ Corp (LAES)vs › | $343.65M | -8.35% | -15.64% | -9.49% | -51.48% |
| 8x8, Inc. (EGHT)vs › | $317.59M | 4.04% | 2.47% | -0.97% | -8.60% |
| Amtech Systems, Inc. (ASYS)vs › | $311.74M | 2.87% | -23.07% | -11.35% | -7.32% |
| Cerence Inc. (CRNC)vs › | $361.50M | 3.77% | 5.28% | 3.12% | 3.18% |
| PowerFleet, Inc. (AIOT)vs › | $378.52M | 2.56% | -0.47% | -3.60% | -3.40% |
| A2Z Cust2Mate Solutions Corp. (AZ)vs › | $277.44M | -58.13% | -112.92% | -227.37% | -170.03% |
| AudioCodes Ltd. (AUDC)vs › | $274.90M | 4.08% | 5.20% | 6.19% | 8.13% |
| Duos Technologies Group, Inc. (DUOT)vs › | $271.50M | N/A | -35.93% | -67.46% | -98.19% |
ROIC
-22.1%
ROE
N/A
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) |
|---|---|
| 2025-12-31 | -22.05% |
| 2025-09-30 | -31.84% |
| 2023-03-31 | -1214.42% |
| 2022-12-31 | -164.27% |
| 2022-09-30 | -151.98% |
| 2022-06-30 | -104.88% |
| 2022-03-31 | -55.32% |
| 2021-12-31 | -82.59% |
| 2021-09-30 | -52.30% |
| 2021-06-30 | -41.32% |
| 2021-03-31 | -67.40% |
| 2020-12-31 | -56.06% |
| 2020-09-30 | -56.10% |
| 2020-06-30 | -36.86% |
| 2020-03-31 | -41.42% |
| 2019-12-31 | -64.10% |
| 2019-09-30 | -61.42% |
| 2019-06-30 | -54.90% |
| 2019-03-31 | -1372.67% |
| 2017-09-30 | -727.87% |
| 2017-06-30 | -448.72% |
| 2017-03-31 | -214.67% |
| 2016-12-31 | -85.59% |
| 2016-06-30 | -204.68% |
| 2016-03-31 | -74.78% |
