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 -4.35% is 27% below its 1-year average of -3.43%, near the low end of its 1-year range (-4.35%–-1.78%).
As of the fiscal period ended Friday, June 30, 2023.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2023 (2023-06-30): -4.35%.
RETURN ON INVESTED CAPITAL (ROIC)
-4.35%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
N/A
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
N/A
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
N/A
CURRENT VS 3Y AVG
N/A
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 · INDUSTRIALS
3.18%
median of 451 covered companies
CURRENT VS SECTOR MEDIAN
-236.90%
vs the sector median at left
OIO Group
Market Cap
$25.09M
Return on Invested Capital (ROIC)
-4.35%
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$25.42M
Return on Invested Capital (ROIC)
3.14%
TTM Avg
1.50%
3Y Avg
11.49%
5Y Avg
11.91%
Market Cap
$25.99M
Return on Invested Capital (ROIC)
-17.10%
TTM Avg
-30.80%
3Y Avg
-84.18%
5Y Avg
-105.68%
Market Cap
$26.98M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-196.14%
3Y Avg
-116.97%
5Y Avg
-92.02%
Market Cap
$21.39M
Return on Invested Capital (ROIC)
-16.70%
TTM Avg
-9.54%
3Y Avg
-8.55%
5Y Avg
-2.05%
Market Cap
$27.83M
Return on Invested Capital (ROIC)
2.93%
TTM Avg
2.23%
3Y Avg
1.65%
5Y Avg
1.07%
Market Cap
$27.35M
Return on Invested Capital (ROIC)
-24.35%
TTM Avg
-5.47%
3Y Avg
-5.47%
5Y Avg
-5.47%
Market Cap
$28.66M
Return on Invested Capital (ROIC)
-9.25%
TTM Avg
-1.85%
3Y Avg
-0.15%
5Y Avg
0.47%
Market Cap
$21.20M
Return on Invested Capital (ROIC)
7.02%
TTM Avg
9.46%
3Y Avg
14.32%
5Y Avg
8.98%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| OIO Group (OIO) | $25.09M | -4.35% | N/A | N/A | N/A |
| United Maritime Corporation (USEA)vs › | $25.42M | 3.14% | 1.50% | 11.49% | 11.91% |
| BioHarvest Sciences Inc. (BHST)vs › | $25.99M | -17.10% | -30.80% | -84.18% | -105.68% |
| XTI Aerospace, Inc. (XTIA)vs › | $26.98M | N/A | -196.14% | -116.97% | -92.02% |
| Primech Holdings Ltd. Ordinary Shares (PMEC)vs › | $21.39M | -16.70% | -9.54% | -8.55% | -2.05% |
| Asia Pacific Wire & Cable Corporation Limited (APWC)vs › | $27.83M | 2.93% | 2.23% | 1.65% | 1.07% |
| Pinnacle Food Group Limited Class A Common Shares (PFAI)vs › | $27.35M | -24.35% | -5.47% | -5.47% | -5.47% |
| Quest Resource Holding Corporation (QRHC)vs › | $28.66M | -9.25% | -1.85% | -0.15% | 0.47% |
| Performance Shipping Inc. (PSHG)vs › | $21.20M | 7.02% | 9.46% | 14.32% | 8.98% |
| ClearSign Technologies Corporation (CLIR)vs › | $20.88M | -60.14% | -54.30% | -70.07% | -73.75% |
ROIC
-4.4%
ROE
-3.4%
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) |
|---|---|
| 2023-06-30 | -4.35% |
| 2023-03-31 | -4.15% |
| 2022-12-31 | -1.78% |
