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 -15.60% is 92% below its 5-year average of -8.14%, near the low end of its 5-year range (-21.71%–10.74%).
As of the fiscal period ended Monday, June 30, 2025. 44.51% below its 12-month average of -10.79%.
Annual fiscal-year return on invested capital; no daily interpolation. Historical series through 2025-06-30.
RETURN ON INVESTED CAPITAL (ROIC)
-15.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-10.79%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-3.62%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-8.14%
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
-44.51%
CURRENT VS 3Y AVG
-331.34%
CURRENT VS 5Y AVG
-91.65%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.88%
median of 554 covered companies
CURRENT VS SECTOR MEDIAN
-927.59%
vs the sector median at left
MindForge Inc
Market Cap
$22.35M
Return on Invested Capital (ROIC)
-15.60%
TTM Avg
-10.79%
3Y Avg
-3.62%
5Y Avg
-8.14%
Market Cap
$24.11M
Return on Invested Capital (ROIC)
-10.29%
TTM Avg
-5.02%
3Y Avg
-0.98%
5Y Avg
0.38%
Market Cap
$24.85M
Return on Invested Capital (ROIC)
-2.12%
TTM Avg
-2.29%
3Y Avg
-5.84%
5Y Avg
-5.22%
Market Cap
$24.90M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$23.69M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$24.86M
Return on Invested Capital (ROIC)
-37.28%
TTM Avg
-64.55%
3Y Avg
-50.53%
5Y Avg
-50.00%
Market Cap
$22.94M
Return on Invested Capital (ROIC)
-38.14%
TTM Avg
-19.01%
3Y Avg
-16.22%
5Y Avg
-16.64%
Market Cap
$25.73M
Return on Invested Capital (ROIC)
-110.32%
TTM Avg
-73.69%
3Y Avg
-64.03%
5Y Avg
-57.09%
Market Cap
$22.51M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MindForge Inc (MF) | $22.35M | -15.60% | -10.79% | -3.62% | -8.14% |
| Key Tronic Corporation (KTCC)vs › | $24.11M | -10.29% | -5.02% | -0.98% | 0.38% |
| Orion Digital Corp. (ORIO)vs › | $24.85M | -2.12% | -2.29% | -5.84% | -5.22% |
| DarkHorse Technologies Inc. (DRK)vs › | $24.90M | N/A | N/A | N/A | N/A |
| Exascale Labs Holdings Inc. (XLAB)vs › | $23.69M | N/A | N/A | N/A | N/A |
| NextPlat Corp (NXPL)vs › | $24.86M | -37.28% | -64.55% | -50.53% | -50.00% |
| Aware, Inc. (AWRE)vs › | $22.94M | -38.14% | -19.01% | -16.22% | -16.64% |
| Research Frontiers Incorporated (REFR)vs › | $25.73M | -110.32% | -73.69% | -64.03% | -57.09% |
| Exyn Technologies, Inc. (EXYN)vs › | $22.51M | N/A | N/A | N/A | N/A |
| Beamr Imaging Ltd. (BMR)vs › | $22.29M | -40.82% | -27.93% | -20.68% | -19.46% |
ROIC
-15.6%
ROE
-14.3%
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) |
|---|---|
| 2025-06-30 | -15.60% |
| 2024-06-30 | -5.99% |
| 2023-06-30 | 10.74% |
| 2020-06-30 | -21.71% |
