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 1.08% is 67% below its 5-year average of 3.29%, near the high end of its 5-year range (-16.40%–6.05%).
As of the fiscal period ended Sunday, May 31, 2026. 65.43% below its 12-month average of 3.13%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-05-31): 1.08%.
RETURN ON INVESTED CAPITAL (ROIC)
1.08%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
3.13%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
3.29%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-3.74%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-0.34%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
1.79%
CURRENT VS TTM AVG
-65.43%
CURRENT VS 3Y AVG
-67.58%
CURRENT VS 5Y AVG
-67.14%
CURRENT VS 10Y AVG
+128.94%
CURRENT VS 15Y AVG
+419.09%
CURRENT VS 20Y AVG
-39.68%
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
-66.69%
vs the sector median at left
Art's-Way Manufacturing Co., Inc.
Market Cap
$17.48M
Return on Invested Capital (ROIC)
1.08%
TTM Avg
3.13%
3Y Avg
3.34%
5Y Avg
3.29%
Market Cap
$16.91M
Return on Invested Capital (ROIC)
13.78%
TTM Avg
9.51%
3Y Avg
15.30%
5Y Avg
13.18%
Market Cap
$18.20M
Return on Invested Capital (ROIC)
8.67%
TTM Avg
7.52%
3Y Avg
12.80%
5Y Avg
12.79%
Market Cap
$16.51M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-145.59%
3Y Avg
-245.75%
5Y Avg
-883.22%
Market Cap
$16.47M
Return on Invested Capital (ROIC)
-27.28%
TTM Avg
-35.65%
3Y Avg
-33.88%
5Y Avg
-31.70%
Market Cap
$18.48M
Return on Invested Capital (ROIC)
-0.90%
TTM Avg
-2.14%
3Y Avg
3.29%
5Y Avg
8.12%
Market Cap
$18.46M
Return on Invested Capital (ROIC)
-142.20%
TTM Avg
-106.77%
3Y Avg
-58.39%
5Y Avg
-46.04%
Market Cap
$18.94M
Return on Invested Capital (ROIC)
1.12%
TTM Avg
0.10%
3Y Avg
3.94%
5Y Avg
4.79%
Market Cap
$15.80M
Return on Invested Capital (ROIC)
-156.72%
TTM Avg
-71.03%
3Y Avg
-71.03%
5Y Avg
-64.57%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Art's-Way Manufacturing Co., Inc. (ARTW) | $17.48M | 1.08% | 3.13% | 3.34% | 3.29% |
| Ten-League International Holdings Limited Ordinary Shares (TLIH)vs › | $16.91M | 13.78% | 9.51% | 15.30% | 13.18% |
| Rectitude Holdings Ltd Ordinary Shares (RECT)vs › | $18.20M | 8.67% | 7.52% | 12.80% | 12.79% |
| ParaZero Technologies Ltd. (PRZO)vs › | $16.51M | N/A | -145.59% | -245.75% | -883.22% |
| LiqTech International, Inc. (LIQT)vs › | $16.47M | -27.28% | -35.65% | -33.88% | -31.70% |
| Tungray Technologies Inc Class A Ordinary Shares (TRSG)vs › | $18.48M | -0.90% | -2.14% | 3.29% | 8.12% |
| Quanome Technologies, Inc. (QNME)vs › | $18.46M | -142.20% | -106.77% | -58.39% | -46.04% |
| Castor Maritime Inc. (CTRM)vs › | $18.94M | 1.12% | 0.10% | 3.94% | 4.79% |
| High-Trend International Group (HTCO)vs › | $15.80M | -156.72% | -71.03% | -71.03% | -64.57% |
| Greenpro Capital Corp. (GRNQ)vs › | $14.77M | -12.23% | -39.02% | -28.30% | -26.08% |
ROIC
1.1%
ROE
-0.2%
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) |
|---|---|
| 2026-05-31 | 1.08% |
| 2026-02-28 | 2.28% |
| 2025-11-30 | 1.07% |
| 2025-08-31 | 5.74% |
| 2025-05-31 | 5.49% |
| 2025-02-28 | 4.15% |
| 2024-11-30 | 2.77% |
| 2024-08-31 | 0.16% |
| 2024-05-31 | 1.85% |
| 2024-02-29 | 1.71% |
| 2023-11-30 | 5.49% |
| 2023-08-31 | 5.81% |
| 2023-05-31 | 5.82% |
| 2023-02-28 | 6.05% |
| 2022-11-30 | 1.76% |
| 2022-08-31 | 4.01% |
| 2022-05-31 | 2.70% |
| 2022-02-28 | 2.28% |
| 2021-11-30 | 2.40% |
| 2021-08-31 | -12.15% |
| 2021-05-31 | -16.40% |
| 2021-02-28 | -26.60% |
| 2020-11-30 | -25.90% |
| 2020-08-31 | -12.43% |
| 2020-05-31 | -10.30% |
| 2020-02-29 | -7.04% |
| 2019-11-30 | -8.91% |
| 2019-08-31 | -16.04% |
| 2019-05-31 | -15.49% |
| 2019-02-28 | -15.67% |
| 2018-11-30 | -12.98% |
| 2018-08-31 | -9.12% |
| 2018-05-31 | -6.69% |
| 2018-02-28 | -7.69% |
| 2017-11-30 | -7.50% |
| 2017-08-31 | -6.30% |
| 2017-05-31 | -7.67% |
| 2017-02-28 | -4.31% |
| 2016-11-30 | -1.71% |
| 2016-08-31 | -2.62% |
| 2016-05-31 | -5.32% |
| 2016-02-29 | -3.69% |
| 2015-11-30 | -3.15% |
| 2015-08-31 | 1.51% |
| 2015-05-31 | 5.19% |
| 2015-02-28 | 5.36% |
| 2014-11-30 | 3.96% |
| 2014-08-31 | 2.95% |
| 2014-05-31 | 1.37% |
| 2014-02-28 | 2.13% |
| 2013-11-30 | 4.25% |
| 2013-08-31 | 6.10% |
| 2013-05-31 | 9.78% |
| 2013-02-28 | 11.50% |
| 2012-11-30 | 10.94% |
| 2012-08-31 | 10.26% |
| 2012-05-31 | 10.08% |
| 2012-02-29 | 9.44% |
| 2011-11-30 | 6.52% |
| 2011-08-31 | 5.16% |
| 2011-05-31 | 4.07% |
| 2011-02-28 | 3.64% |
| 2010-11-30 | 5.50% |
| 2010-08-31 | 4.61% |
| 2010-05-31 | 1.86% |
| 2010-02-28 | 2.43% |
| 2009-11-30 | 2.02% |
| 2009-08-31 | 1.57% |
| 2009-05-31 | 3.65% |
| 2009-02-28 | 6.12% |
| 2008-11-30 | 8.52% |
| 2008-08-31 | 10.96% |
| 2008-05-31 | 13.81% |
| 2008-02-29 | 15.88% |
| 2007-11-30 | 15.26% |
| 2007-08-31 | 17.27% |
| 2007-05-31 | 12.09% |
| 2007-02-28 | 9.20% |
| 2006-11-30 | 9.64% |
| 2006-08-31 | 8.53% |
| 2006-05-31 | 9.23% |
| 2006-02-28 | 10.59% |
| 2005-11-30 | 11.26% |
| 2005-08-31 | 15.50% |
| 2005-05-31 | 17.01% |
| 2005-02-28 | 15.90% |
| 2004-11-30 | 11.90% |
| 2004-08-31 | 9.51% |
| 2004-05-31 | 12.24% |
| 2004-02-29 | 14.22% |
| 2003-11-30 | 14.62% |
| 2003-08-31 | 18.65% |
| 2003-05-31 | 18.77% |
