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 -2.56% is 92% above its 5-year average of -32.05%, near the high end of its 5-year range (-165.85%–-2.56%).
As of the fiscal period ended Tuesday, June 30, 2026. 68.80% above its 12-month average of -8.21%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -2.56%.
RETURN ON INVESTED CAPITAL (ROIC)
-2.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-8.21%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-28.46%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-32.05%
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
+68.80%
CURRENT VS 3Y AVG
+91.00%
CURRENT VS 5Y AVG
+92.01%
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
-695.74%
vs the sector median at left
Kaltura, Inc.
Market Cap
$192.48M
Return on Invested Capital (ROIC)
-2.56%
TTM Avg
-8.21%
3Y Avg
-28.46%
5Y Avg
-32.05%
Market Cap
$193.60M
Return on Invested Capital (ROIC)
3.76%
TTM Avg
9.20%
3Y Avg
4.66%
5Y Avg
2.82%
Market Cap
$194.77M
Return on Invested Capital (ROIC)
-99.71%
TTM Avg
-59.76%
3Y Avg
-59.76%
5Y Avg
-59.76%
Market Cap
$202.38M
Return on Invested Capital (ROIC)
-7.81%
TTM Avg
-39.68%
3Y Avg
-117.54%
5Y Avg
-136.96%
Market Cap
$202.47M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$203.65M
Return on Invested Capital (ROIC)
-34.96%
TTM Avg
-17.98%
3Y Avg
-12.34%
5Y Avg
-19.12%
Market Cap
$206.57M
Return on Invested Capital (ROIC)
-20.01%
TTM Avg
-26.00%
3Y Avg
-17.11%
5Y Avg
-11.11%
Market Cap
$210.00M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$172.68M
Return on Invested Capital (ROIC)
-61.92%
TTM Avg
-93.16%
3Y Avg
-90.54%
5Y Avg
-74.67%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Kaltura, Inc. (KLTR) | $192.48M | -2.56% | -8.21% | -28.46% | -32.05% |
| Ceragon Networks Ltd. (CRNT)vs › | $193.60M | 3.76% | 9.20% | 4.66% | 2.82% |
| Bitzero Holdings Inc. Common Shares (AIBZ)vs › | $194.77M | -99.71% | -59.76% | -59.76% | -59.76% |
| TON Strategy Co. (TONX)vs › | $202.38M | -7.81% | -39.68% | -117.54% | -136.96% |
| QumulusAI, Inc. Common Stock (QMLS)vs › | $202.47M | N/A | N/A | N/A | N/A |
| QuickLogic Corporation (QUIK)vs › | $203.65M | -34.96% | -17.98% | -12.34% | -19.12% |
| One Stop Systems, Inc. (OSS)vs › | $206.57M | -20.01% | -26.00% | -17.11% | -11.11% |
| GDEV Inc. (GDEV)vs › | $210.00M | N/A | N/A | N/A | N/A |
| Atomera Incorporated (ATOM)vs › | $172.68M | -61.92% | -93.16% | -90.54% | -74.67% |
| GSI Technology, Inc. (GSIT)vs › | $214.12M | -20.95% | -24.80% | -33.64% | -31.71% |
ROIC
-2.6%
ROE
-739.7%
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 | -2.56% |
| 2026-03-31 | -5.43% |
| 2025-12-31 | -5.40% |
| 2025-09-30 | -11.07% |
| 2025-06-30 | -16.59% |
| 2025-03-31 | -22.77% |
| 2024-12-31 | -29.93% |
| 2024-09-30 | -39.74% |
| 2024-06-30 | -44.80% |
| 2024-03-31 | -44.31% |
| 2023-12-31 | -45.24% |
| 2023-09-30 | -49.08% |
| 2023-06-30 | -53.00% |
| 2023-03-31 | -56.37% |
| 2022-12-31 | -54.67% |
| 2022-09-30 | -50.98% |
| 2022-06-30 | -38.09% |
| 2022-03-31 | -32.15% |
| 2021-12-31 | -25.50% |
| 2021-09-30 | -13.30% |
| 2021-06-30 | -165.85% |
| 2020-12-31 | -94.74% |
