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 -7.81% is 93% above its 5-year average of -110.01%, near the high end of its 5-year range (-1251.89%–-4.00%).
As of the fiscal period ended Tuesday, June 30, 2026. 55.99% above its 12-month average of -17.74%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -7.81%.
RETURN ON INVESTED CAPITAL (ROIC)
-7.81%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-17.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-43.91%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-110.01%
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
+55.99%
CURRENT VS 3Y AVG
+82.22%
CURRENT VS 5Y AVG
+92.90%
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
-1915.93%
vs the sector median at left
TON Strategy Co.
Market Cap
$202.38M
Return on Invested Capital (ROIC)
-7.81%
TTM Avg
-17.74%
3Y Avg
-43.91%
5Y Avg
-110.01%
Market Cap
$202.15M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$204.39M
Return on Invested Capital (ROIC)
-34.96%
TTM Avg
-17.98%
3Y Avg
-12.34%
5Y Avg
-19.12%
Market Cap
$205.95M
Return on Invested Capital (ROIC)
-20.01%
TTM Avg
-26.00%
3Y Avg
-17.11%
5Y Avg
-11.11%
Market Cap
$198.01M
Return on Invested Capital (ROIC)
-99.71%
TTM Avg
-59.76%
3Y Avg
-59.76%
5Y Avg
-59.76%
Market Cap
$194.91M
Return on Invested Capital (ROIC)
3.76%
TTM Avg
9.20%
3Y Avg
4.66%
5Y Avg
2.82%
Market Cap
$194.74M
Return on Invested Capital (ROIC)
-2.56%
TTM Avg
-20.32%
3Y Avg
-35.14%
5Y Avg
-43.47%
Market Cap
$210.99M
Return on Invested Capital (ROIC)
-56.15%
TTM Avg
-35.27%
3Y Avg
-21.76%
5Y Avg
-13.96%
Market Cap
$216.61M
Return on Invested Capital (ROIC)
-20.95%
TTM Avg
-24.80%
3Y Avg
-33.64%
5Y Avg
-31.71%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TON Strategy Co. (TONX) | $202.38M | -7.81% | -17.74% | -43.91% | -110.01% |
| QumulusAI, Inc. Common Stock (QMLS)vs › | $202.15M | N/A | N/A | N/A | N/A |
| QuickLogic Corporation (QUIK)vs › | $204.39M | -34.96% | -17.98% | -12.34% | -19.12% |
| One Stop Systems, Inc. (OSS)vs › | $205.95M | -20.01% | -26.00% | -17.11% | -11.11% |
| Bitzero Holdings Inc. Common Shares (AIBZ)vs › | $198.01M | -99.71% | -59.76% | -59.76% | -59.76% |
| Ceragon Networks Ltd. (CRNT)vs › | $194.91M | 3.76% | 9.20% | 4.66% | 2.82% |
| Kaltura, Inc. (KLTR)vs › | $194.74M | -2.56% | -20.32% | -35.14% | -43.47% |
| SuperX AI Technology Limited (SUPX)vs › | $210.99M | -56.15% | -35.27% | -21.76% | -13.96% |
| GSI Technology, Inc. (GSIT)vs › | $216.61M | -20.95% | -24.80% | -33.64% | -31.71% |
| GDEV Inc. (GDEV)vs › | $217.81M | N/A | N/A | N/A | N/A |
ROIC
-7.8%
ROE
-39.6%
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 | -7.81% |
| 2026-03-31 | -10.91% |
| 2025-12-31 | -8.19% |
| 2025-09-30 | -4.00% |
| 2025-06-30 | -57.81% |
| 2025-03-31 | -75.29% |
| 2024-12-31 | -71.17% |
| 2024-09-30 | -59.96% |
| 2024-06-30 | -59.64% |
| 2024-03-31 | -84.31% |
| 2023-12-31 | -250.59% |
| 2023-09-30 | -1251.89% |
| 2023-06-30 | -493.16% |
| 2023-03-31 | -231.96% |
| 2022-12-31 | -266.46% |
| 2022-09-30 | -119.30% |
| 2022-06-30 | -97.41% |
| 2022-03-31 | -119.69% |
| 2021-12-31 | -203.85% |
| 2021-09-30 | -196.40% |
| 2021-06-30 | -165.37% |
| 2021-03-31 | -111.05% |
| 2020-12-31 | -147.74% |
| 2020-09-30 | -73.55% |
| 2020-06-30 | -113.62% |
| 2020-03-31 | -112.42% |
| 2019-12-31 | -88.03% |
| 2019-09-30 | -53.69% |
| 2019-06-30 | -42.12% |
