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 -0.90% is 111% below its 5-year average of 8.12%, near the low end of its 5-year range (-3.38%–26.24%).
As of the fiscal period ended Wednesday, December 31, 2025. 57.94% above its 12-month average of -2.14%.
Annual fiscal-year return on invested capital; no daily interpolation. Historical series through 2025-12-31.
RETURN ON INVESTED CAPITAL (ROIC)
-0.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-2.14%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
8.12%
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
+57.94%
CURRENT VS 3Y AVG
-127.33%
CURRENT VS 5Y AVG
-111.09%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
-127.69%
vs the sector median at left
Tungray Technologies Inc Class A Ordinary Shares
Market Cap
$19.41M
Return on Invested Capital (ROIC)
-0.90%
TTM Avg
-2.14%
3Y Avg
3.29%
5Y Avg
8.12%
Market Cap
$18.84M
Return on Invested Capital (ROIC)
1.12%
TTM Avg
0.10%
3Y Avg
3.94%
5Y Avg
4.79%
Market Cap
$18.13M
Return on Invested Capital (ROIC)
8.67%
TTM Avg
7.52%
3Y Avg
12.80%
5Y Avg
12.79%
Market Cap
$20.74M
Return on Invested Capital (ROIC)
13.08%
TTM Avg
10.70%
3Y Avg
9.09%
5Y Avg
7.68%
Market Cap
$20.81M
Return on Invested Capital (ROIC)
-60.14%
TTM Avg
-54.30%
3Y Avg
-70.07%
5Y Avg
-73.75%
Market Cap
$17.97M
Return on Invested Capital (ROIC)
-142.20%
TTM Avg
-106.77%
3Y Avg
-58.39%
5Y Avg
-46.04%
Market Cap
$21.05M
Return on Invested Capital (ROIC)
-16.70%
TTM Avg
-9.54%
3Y Avg
-8.55%
5Y Avg
-2.05%
Market Cap
$21.13M
Return on Invested Capital (ROIC)
7.02%
TTM Avg
9.46%
3Y Avg
14.32%
5Y Avg
8.98%
Market Cap
$17.11M
Return on Invested Capital (ROIC)
1.08%
TTM Avg
1.92%
3Y Avg
3.02%
5Y Avg
-1.90%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tungray Technologies Inc Class A Ordinary Shares (TRSG) | $19.41M | -0.90% | -2.14% | 3.29% | 8.12% |
| Castor Maritime Inc. (CTRM)vs › | $18.84M | 1.12% | 0.10% | 3.94% | 4.79% |
| Rectitude Holdings Ltd Ordinary Shares (RECT)vs › | $18.13M | 8.67% | 7.52% | 12.80% | 12.79% |
| Greenland Technologies Holding Corporation (GTEC)vs › | $20.74M | 13.08% | 10.70% | 9.09% | 7.68% |
| ClearSign Technologies Corporation (CLIR)vs › | $20.81M | -60.14% | -54.30% | -70.07% | -73.75% |
| Quanome Technologies, Inc. (QNME)vs › | $17.97M | -142.20% | -106.77% | -58.39% | -46.04% |
| Primech Holdings Ltd. Ordinary Shares (PMEC)vs › | $21.05M | -16.70% | -9.54% | -8.55% | -2.05% |
| Performance Shipping Inc. (PSHG)vs › | $21.13M | 7.02% | 9.46% | 14.32% | 8.98% |
| Art's-Way Manufacturing Co., Inc. (ARTW)vs › | $17.11M | 1.08% | 1.92% | 3.02% | -1.90% |
| Ten-League International Holdings Limited Ordinary Shares (TLIH)vs › | $16.91M | 13.78% | 9.51% | 15.30% | 13.18% |
ROIC
-0.9%
ROE
-0.1%
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 | -0.90% |
| 2024-12-31 | -3.38% |
| 2023-12-31 | 3.69% |
| 2022-12-31 | 13.76% |
| 2021-12-31 | 26.24% |
| 2020-12-31 | 9.30% |