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 -29.13% is in line with its 3-year average of -30.77%, near the high end of its 3-year range (-390.81%–-0.44%).
As of the fiscal period ended Tuesday, June 30, 2026. 47.54% above its 12-month average of -55.52%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -29.13%.
RETURN ON INVESTED CAPITAL (ROIC)
-29.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-55.52%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-36.75%
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
+47.54%
CURRENT VS 3Y AVG
+20.75%
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 · BASIC MATERIALS
5.50%
median of 119 covered companies
CURRENT VS SECTOR MEDIAN
-629.58%
vs the sector median at left
Greenland Mines Ltd.
Market Cap
$18.86M
Return on Invested Capital (ROIC)
-29.13%
TTM Avg
-55.52%
3Y Avg
-36.75%
5Y Avg
N/A
Market Cap
$20.28M
Return on Invested Capital (ROIC)
-245.16%
TTM Avg
-98.19%
3Y Avg
-104.67%
5Y Avg
-98.42%
Market Cap
$16.85M
Return on Invested Capital (ROIC)
-14.03%
TTM Avg
-4.80%
3Y Avg
-1.40%
5Y Avg
1.46%
Market Cap
$21.59M
Return on Invested Capital (ROIC)
-0.27%
TTM Avg
-0.04%
3Y Avg
3.20%
5Y Avg
4.29%
Market Cap
$11.12M
Return on Invested Capital (ROIC)
-35.65%
TTM Avg
-35.26%
3Y Avg
-55.25%
5Y Avg
-55.52%
Market Cap
$10.56M
Return on Invested Capital (ROIC)
-43.71%
TTM Avg
-11.39%
3Y Avg
-4.30%
5Y Avg
1.29%
Market Cap
$9.82M
Return on Invested Capital (ROIC)
-3.20%
TTM Avg
-2.50%
3Y Avg
0.35%
5Y Avg
1.92%
Market Cap
$8.43M
Return on Invested Capital (ROIC)
-123.95%
TTM Avg
-63.77%
3Y Avg
-34.26%
5Y Avg
-27.44%
Market Cap
$7.70M
Return on Invested Capital (ROIC)
9.68%
TTM Avg
-278.77%
3Y Avg
-278.77%
5Y Avg
-65.39%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Greenland Mines Ltd. (GRML) | $18.86M | -29.13% | -55.52% | -36.75% | N/A |
| Loop Industries, Inc. (LOOP)vs › | $20.28M | -245.16% | -98.19% | -104.67% | -98.42% |
| Mercer International Inc. (MERC)vs › | $16.85M | -14.03% | -4.80% | -1.40% | 1.46% |
| Bioceres Crop Solutions Corp. (BIOX)vs › | $21.59M | -0.27% | -0.04% | 3.20% | 4.29% |
| Antelope Enterprise Holdings Limited (AEHL)vs › | $11.12M | -35.65% | -35.26% | -55.25% | -55.52% |
| Jewett-Cameron Trading Company Ltd. (JCTC)vs › | $10.56M | -43.71% | -11.39% | -4.30% | 1.29% |
| Huadi International Group Co., Ltd. (HUDI)vs › | $9.82M | -3.20% | -2.50% | 0.35% | 1.92% |
| Blue Gold Limited (BGL)vs › | $8.43M | -123.95% | -63.77% | -34.26% | -27.44% |
| Atlas Critical Minerals Corporation (ATCX)vs › | $7.70M | 9.68% | -278.77% | -278.77% | -65.39% |
| Bon Natural Life Limited (BON)vs › | $7.00M | -2.31% | -0.16% | 7.61% | 10.59% |
ROIC
-29.1%
ROE
-37.6%
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 | -29.13% |
| 2026-03-31 | -25.34% |
| 2025-12-31 | -75.09% |
| 2025-09-30 | -71.99% |
| 2025-06-30 | -76.07% |
| 2025-03-31 | -277.35% |
| 2024-12-31 | -390.81% |
| 2024-09-30 | -248.00% |
| 2024-06-30 | -53.33% |
| 2024-03-31 | -6.77% |
| 2023-12-31 | -27.46% |
| 2023-09-30 | -1.09% |
| 2023-06-30 | -1.26% |
| 2023-03-31 | -1.26% |
| 2022-12-31 | -0.44% |
