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 -15.35% is 65% above its 5-year average of -44.47%, near the high end of its 5-year range (-125.26%–-15.35%).
As of the fiscal period ended Wednesday, December 31, 2025. 16.69% above its 12-month average of -18.43%.
Annual fiscal-year return on invested capital; no daily interpolation. Historical series through 2025-12-31.
RETURN ON INVESTED CAPITAL (ROIC)
-15.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-18.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-24.75%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-44.47%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-49.71%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-48.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-42.69%
CURRENT VS TTM AVG
+16.69%
CURRENT VS 3Y AVG
+37.97%
CURRENT VS 5Y AVG
+65.48%
CURRENT VS 10Y AVG
+69.12%
CURRENT VS 15Y AVG
+68.65%
CURRENT VS 20Y AVG
+64.05%
SECTOR MEDIAN · HEALTHCARE
-33.73%
median of 709 covered companies
CURRENT VS SECTOR MEDIAN
+54.49%
vs the sector median at left
MDxHealth S.A.
Market Cap
$30.40M
Return on Invested Capital (ROIC)
-15.35%
TTM Avg
-18.43%
3Y Avg
-24.75%
5Y Avg
-44.47%
Market Cap
$30.68M
Return on Invested Capital (ROIC)
-126.84%
TTM Avg
-48.51%
3Y Avg
-88.12%
5Y Avg
-74.86%
Market Cap
$30.26M
Return on Invested Capital (ROIC)
-115.18%
TTM Avg
-232.75%
3Y Avg
-220.13%
5Y Avg
-210.39%
Market Cap
$30.32M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-54.98%
3Y Avg
-73.47%
5Y Avg
-75.57%
Market Cap
$30.09M
Return on Invested Capital (ROIC)
-135.73%
TTM Avg
-98.73%
3Y Avg
-101.28%
5Y Avg
-89.83%
Market Cap
$29.88M
Return on Invested Capital (ROIC)
-42.23%
TTM Avg
-23.50%
3Y Avg
-191.16%
5Y Avg
-191.16%
Market Cap
$29.66M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$29.83M
Return on Invested Capital (ROIC)
-99.36%
TTM Avg
-324.14%
3Y Avg
-260.84%
5Y Avg
-230.57%
Market Cap
$31.77M
Return on Invested Capital (ROIC)
3.16%
TTM Avg
0.50%
3Y Avg
4.62%
5Y Avg
2.96%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MDxHealth S.A. (MDXH) | $30.40M | -15.35% | -18.43% | -24.75% | -44.47% |
| Context Therapeutics Inc. (CNTX)vs › | $30.68M | -126.84% | -48.51% | -88.12% | -74.86% |
| MIRA Pharmaceuticals, Inc. (MIRA)vs › | $30.26M | -115.18% | -232.75% | -220.13% | -210.39% |
| BeyondSpring Inc. (BYSI)vs › | $30.32M | N/A | -54.98% | -73.47% | -75.57% |
| CervoMed Inc. (CRVO)vs › | $30.09M | -135.73% | -98.73% | -101.28% | -89.83% |
| GridAI Technologies Corp. (GRDX)vs › | $29.88M | -42.23% | -23.50% | -191.16% | -191.16% |
| OneMedNet Corporation (ONMD)vs › | $29.66M | N/A | N/A | N/A | N/A |
| Quantum Cyber N.V. (QUCY)vs › | $29.83M | -99.36% | -324.14% | -260.84% | -230.57% |
| Nortech Systems Incorporated (NSYS)vs › | $31.77M | 3.16% | 0.50% | 4.62% | 2.96% |
| SCYNEXIS, Inc. (SCYX)vs › | $31.93M | -32.68% | -38.21% | -33.48% | -43.06% |
ROIC
-15.3%
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 | -15.35% |
| 2024-12-31 | -21.50% |
| 2023-12-31 | -24.79% |
| 2022-12-31 | -37.35% |
| 2021-12-31 | -42.55% |
| 2020-12-31 | -125.26% |
| 2019-12-31 | -140.31% |
| 2018-12-31 | -59.28% |
| 2017-12-31 | -26.92% |
| 2016-12-31 | -23.12% |
| 2015-12-31 | -30.37% |
| 2014-12-31 | -64.30% |
| 2013-12-31 | -65.50% |
| 2012-12-31 | -67.39% |
| 2011-12-31 | -61.18% |
| 2010-12-31 | -69.69% |
| 2009-12-31 | -76.10% |
| 2008-12-31 | -33.41% |
| 2007-12-31 | -30.93% |
| 2006-12-31 | -24.03% |
| 2005-12-31 | -37.44% |
| 2004-12-31 | -98.81% |
