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 10.56% is 38% below its 5-year average of 16.99%, near the low end of its 5-year range (7.49%–25.17%).
As of the fiscal period ended Tuesday, June 30, 2026. 12.68% above its 12-month average of 9.37%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): 10.56%.
RETURN ON INVESTED CAPITAL (ROIC)
10.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
9.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
13.83%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
16.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
20.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
19.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
16.40%
CURRENT VS TTM AVG
+12.68%
CURRENT VS 3Y AVG
-23.66%
CURRENT VS 5Y AVG
-37.86%
CURRENT VS 10Y AVG
-47.94%
CURRENT VS 15Y AVG
-44.56%
CURRENT VS 20Y AVG
-35.61%
SECTOR MEDIAN · TECHNOLOGY
2.30%
median of 528 covered companies
CURRENT VS SECTOR MEDIAN
+358.07%
vs the sector median at left
MIND C.T.I. Ltd
Market Cap
$20.36M
Return on Invested Capital (ROIC)
10.56%
TTM Avg
9.37%
3Y Avg
13.83%
5Y Avg
16.99%
Market Cap
$20.54M
Return on Invested Capital (ROIC)
6.97%
TTM Avg
-5.86%
3Y Avg
-17.73%
5Y Avg
-3.66%
Market Cap
$19.90M
Return on Invested Capital (ROIC)
0.15%
TTM Avg
-4.30%
3Y Avg
-32.47%
5Y Avg
-2.32%
Market Cap
$19.36M
Return on Invested Capital (ROIC)
-27.40%
TTM Avg
-35.70%
3Y Avg
-34.27%
5Y Avg
-30.93%
Market Cap
$19.30M
Return on Invested Capital (ROIC)
-60.60%
TTM Avg
-1495.05%
3Y Avg
-1495.05%
5Y Avg
-990.19%
Market Cap
$21.95M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$22.36M
Return on Invested Capital (ROIC)
-40.82%
TTM Avg
-27.93%
3Y Avg
-20.68%
5Y Avg
-19.46%
Market Cap
$22.51M
Return on Invested Capital (ROIC)
-32.65%
TTM Avg
-48.14%
3Y Avg
-42.50%
5Y Avg
-295.07%
Market Cap
$22.69M
Return on Invested Capital (ROIC)
-15.60%
TTM Avg
-10.79%
3Y Avg
-3.62%
5Y Avg
-8.14%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MIND C.T.I. Ltd (MNDO) | $20.36M | 10.56% | 9.37% | 13.83% | 16.99% |
| Katapult Holdings, Inc. (KPLT)vs › | $20.54M | 6.97% | -5.86% | -17.73% | -3.66% |
| MicroCloud Hologram Inc. (HOLO)vs › | $19.90M | 0.15% | -4.30% | -32.47% | -2.32% |
| SemiLEDs Corporation (LEDS)vs › | $19.36M | -27.40% | -35.70% | -34.27% | -30.93% |
| Firefly Neuroscience, Inc. (AIFF)vs › | $19.30M | -60.60% | -1495.05% | -1495.05% | -990.19% |
| Exyn Technologies, Inc. (EXYN)vs › | $21.95M | N/A | N/A | N/A | N/A |
| Beamr Imaging Ltd. (BMR)vs › | $22.36M | -40.82% | -27.93% | -20.68% | -19.46% |
| Giftify, Inc. (GIFT)vs › | $22.51M | -32.65% | -48.14% | -42.50% | -295.07% |
| MindForge Inc (MF)vs › | $22.69M | -15.60% | -10.79% | -3.62% | -8.14% |
| Foxx Development Holdings Inc. (FOXX)vs › | $17.67M | N/A | -55.39% | -55.39% | -55.39% |
ROIC
10.6%
ROE
13.6%
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 | 10.56% |
| 2026-03-31 | 9.23% |
| 2025-12-31 | 7.49% |
| 2025-09-30 | 9.36% |
| 2025-06-30 | 10.22% |
| 2025-03-31 | 13.40% |
| 2024-12-31 | 14.78% |
| 2024-09-30 | 15.37% |
| 2024-06-30 | 17.73% |
| 2024-03-31 | 18.63% |
| 2023-12-31 | 16.35% |
| 2023-09-30 | 17.58% |
| 2023-06-30 | 19.08% |
| 2023-03-31 | 21.23% |
| 2022-12-31 | 19.37% |
| 2022-09-30 | 21.99% |
| 2022-06-30 | 23.74% |
| 2022-03-31 | 25.17% |
| 2021-12-31 | 21.17% |
| 2021-09-30 | 21.82% |
| 2021-06-30 | 22.53% |
| 2021-03-31 | 23.41% |
| 2020-12-31 | 18.56% |
| 2020-09-30 | 20.30% |
| 2020-06-30 | 21.11% |
| 2020-03-31 | 20.87% |
| 2019-12-31 | 18.42% |
| 2019-09-30 | 21.02% |
| 2019-06-30 | 22.30% |
| 2019-03-31 | 25.06% |
| 2018-12-31 | 21.87% |
| 2018-09-30 | 23.73% |
| 2018-06-30 | 25.18% |
| 2018-03-31 | 24.78% |
| 2017-12-31 | 18.52% |
| 2017-09-30 | 18.43% |
| 2017-06-30 | 19.46% |
| 2017-03-31 | 21.04% |
| 2016-12-31 | 17.23% |
| 2016-09-30 | 18.18% |
| 2016-06-30 | 20.79% |
| 2016-03-31 | 24.28% |
| 2015-12-31 | 21.23% |
| 2015-09-30 | 26.27% |
| 2015-06-30 | 27.82% |
| 2015-03-31 | 29.54% |
| 2014-12-31 | 23.59% |
| 2014-09-30 | 21.44% |
| 2014-06-30 | 18.41% |
| 2014-03-31 | 14.88% |
| 2013-12-31 | 8.78% |
| 2013-09-30 | 10.40% |
| 2013-06-30 | 13.29% |
| 2013-03-31 | 12.21% |
| 2012-12-31 | 15.89% |
| 2012-09-30 | 17.31% |
| 2012-06-30 | 17.95% |
| 2012-03-31 | 18.83% |
| 2011-12-31 | 15.67% |
| 2011-09-30 | 19.10% |
| 2011-06-30 | 16.26% |
| 2011-03-31 | 19.61% |
| 2010-12-31 | 18.52% |
| 2010-09-30 | 17.47% |
| 2010-06-30 | 20.03% |
| 2010-03-31 | 15.21% |
| 2009-12-31 | 8.81% |
| 2009-09-30 | -1.84% |
| 2009-06-30 | -13.05% |
| 2009-03-31 | -10.58% |
| 2008-12-31 | -11.49% |
| 2008-09-30 | -1.94% |
| 2008-06-30 | 3.92% |
| 2008-03-31 | 2.09% |
| 2007-12-31 | 3.78% |
| 2007-09-30 | 2.63% |
| 2007-06-30 | 2.64% |
| 2007-03-31 | 3.08% |
| 2006-12-31 | 2.79% |
| 2006-09-30 | 5.78% |
| 2006-06-30 | 6.23% |
| 2006-03-31 | 6.25% |
| 2005-12-31 | 5.57% |
| 2005-09-30 | 5.25% |
| 2005-06-30 | 5.78% |
| 2005-03-31 | 6.03% |
| 2004-12-31 | 6.07% |
| 2004-09-30 | 4.26% |
| 2004-06-30 | 3.55% |
| 2004-03-31 | 3.40% |
| 2003-12-31 | 2.45% |
| 2003-09-30 | 1.77% |
| 2003-06-30 | 0.34% |