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 -6.17% is 264% below its 5-year average of 3.76%, around the middle of its 5-year range (-25.47%–20.85%).
As of the fiscal period ended Friday, May 29, 2026. 13.74% above its 12-month average of -7.15%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-05-29): -6.17%.
RETURN ON INVESTED CAPITAL (ROIC)
-6.17%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-7.15%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.76%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-5.03%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-19.90%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
-16.23%
CURRENT VS TTM AVG
+13.74%
CURRENT VS 3Y AVG
-270.17%
CURRENT VS 5Y AVG
-264.00%
CURRENT VS 10Y AVG
-22.74%
CURRENT VS 15Y AVG
+69.01%
CURRENT VS 20Y AVG
+62.00%
SECTOR MEDIAN · TECHNOLOGY
0.43%
median of 609 covered companies
CURRENT VS SECTOR MEDIAN
-1534.58%
vs the sector median at left
Aehr Test Systems
Market Cap
$3.01B
Return on Invested Capital (ROIC)
-6.17%
TTM Avg
-7.15%
3Y Avg
3.63%
5Y Avg
3.76%
Market Cap
$3.08B
Return on Invested Capital (ROIC)
9.24%
TTM Avg
8.32%
3Y Avg
11.76%
5Y Avg
9.86%
Market Cap
$3.09B
Return on Invested Capital (ROIC)
9.54%
TTM Avg
3.95%
3Y Avg
-3.17%
5Y Avg
-8.67%
Market Cap
$3.09B
Return on Invested Capital (ROIC)
-11.63%
TTM Avg
-11.63%
3Y Avg
-11.63%
5Y Avg
-11.63%
Market Cap
$2.98B
Return on Invested Capital (ROIC)
5.98%
TTM Avg
-7.89%
3Y Avg
-4.93%
5Y Avg
-2.84%
Market Cap
$2.97B
Return on Invested Capital (ROIC)
5.00%
TTM Avg
2.69%
3Y Avg
7.83%
5Y Avg
9.42%
Market Cap
$2.96B
Return on Invested Capital (ROIC)
-9.32%
TTM Avg
-17.80%
3Y Avg
-18.59%
5Y Avg
-15.30%
Market Cap
$2.97B
Return on Invested Capital (ROIC)
-16.36%
TTM Avg
-21.62%
3Y Avg
-25.33%
5Y Avg
-27.09%
Market Cap
$3.14B
Return on Invested Capital (ROIC)
9.24%
TTM Avg
8.32%
3Y Avg
11.76%
5Y Avg
9.86%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aehr Test Systems (AEHR) | $3.01B | -6.17% | -7.15% | 3.63% | 3.76% |
| Bel Fuse Inc. (BELFA)vs › | $3.08B | 9.24% | 8.32% | 11.76% | 9.86% |
| AvePoint, Inc. (AVPT)vs › | $3.09B | 9.54% | 3.95% | -3.17% | -8.67% |
| Ionic Digital Inc. Class A (IOND)vs › | $3.09B | -11.63% | -11.63% | -11.63% | -11.63% |
| NetScout Systems, Inc. (NTCT)vs › | $2.98B | 5.98% | -7.89% | -4.93% | -2.84% |
| Power Integrations, Inc. (POWI)vs › | $2.97B | 5.00% | 2.69% | 7.83% | 9.42% |
| Ambarella, Inc. (AMBA)vs › | $2.96B | -9.32% | -17.80% | -18.59% | -15.30% |
| Braze, Inc. (BRZE)vs › | $2.97B | -16.36% | -21.62% | -25.33% | -27.09% |
| Bel Fuse Inc. (BELFB)vs › | $3.14B | 9.24% | 8.32% | 11.76% | 9.86% |
| Navitas Semiconductor Corp (NVTS)vs › | $3.13B | -12.27% | -27.45% | -28.11% | -29.97% |
ROIC
-6.2%
ROE
-3.3%
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) |
|---|---|
| 2026-05-29 | -6.17% |
| 2026-02-27 | -10.41% |
| 2025-11-28 | -8.79% |
| 2025-08-29 | -6.79% |
| 2025-05-30 | -3.60% |
| 2025-02-28 | 0.05% |
| 2024-11-29 | -0.65% |
| 2024-08-30 | 4.66% |
| 2024-05-31 | 8.55% |
| 2024-02-29 | 14.14% |
| 2023-11-30 | 20.25% |
| 2023-08-31 | 19.63% |
| 2023-05-31 | 16.25% |
| 2023-02-28 | 17.98% |
| 2022-11-30 | 20.85% |
| 2022-08-31 | 17.49% |
| 2022-05-31 | 14.83% |
| 2022-02-28 | 5.59% |
| 2021-11-30 | -0.72% |
| 2021-08-31 | -18.69% |
| 2021-05-31 | -25.47% |
| 2021-02-28 | -47.48% |
| 2020-11-30 | -44.67% |
| 2020-08-31 | -26.69% |
| 2020-05-31 | -14.12% |
| 2020-02-29 | 1.43% |
| 2019-11-30 | -13.17% |
| 2019-08-31 | -18.03% |
| 2019-05-31 | -27.07% |
| 2019-02-28 | -19.81% |
| 2018-11-30 | -5.95% |
| 2018-08-31 | -2.83% |
| 2018-05-31 | 3.53% |
| 2018-02-28 | 0.24% |
| 2017-11-30 | -11.10% |
| 2017-08-31 | -17.80% |
| 2017-05-31 | -21.42% |
| 2017-02-28 | -96.85% |
| 2016-02-29 | -63.17% |
| 2015-11-30 | -46.12% |
| 2015-08-31 | -56.16% |
| 2015-05-31 | -80.18% |
| 2015-02-28 | -77.43% |
| 2014-11-30 | -32.48% |
| 2014-08-31 | -4.18% |
| 2014-05-31 | 6.30% |
| 2014-02-28 | -8.16% |
| 2013-11-30 | -34.96% |
| 2013-08-31 | -51.70% |
| 2013-05-31 | -51.87% |
| 2013-02-28 | -54.01% |
| 2012-11-30 | -41.32% |
| 2012-08-31 | -47.81% |
| 2012-05-31 | -55.19% |
| 2012-02-29 | -49.93% |
| 2011-11-30 | -42.01% |
| 2011-08-31 | -35.74% |
| 2011-05-31 | -45.50% |
| 2011-02-28 | -50.26% |
| 2010-11-30 | -23.64% |
| 2010-08-31 | -32.49% |
| 2010-05-31 | -6.37% |
| 2010-02-28 | -31.46% |
| 2009-11-30 | -276.86% |
| 2009-08-31 | -218.22% |
| 2009-05-31 | -241.06% |
| 2009-02-28 | -139.45% |
| 2008-11-30 | 14.59% |
| 2008-08-31 | 16.32% |
| 2008-05-31 | 15.16% |
| 2008-02-29 | 15.98% |
| 2007-11-30 | 11.12% |
| 2007-08-31 | 6.19% |
| 2007-05-31 | 4.46% |
| 2007-02-28 | 2.83% |
| 2006-11-30 | 3.53% |
| 2006-08-31 | 4.88% |
| 2006-05-31 | 2.38% |
| 2006-02-28 | -8.77% |
| 2005-11-30 | -17.54% |
| 2005-08-31 | -22.14% |
| 2005-05-31 | -27.97% |
| 2005-02-28 | -20.30% |
| 2004-11-30 | -21.05% |
| 2004-08-31 | -22.58% |
| 2004-05-31 | -20.01% |
| 2004-02-29 | -20.76% |
| 2003-11-30 | -17.27% |
| 2003-08-31 | -19.04% |
| 2003-05-31 | -18.41% |
