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 9.68% is 266% above its 4-year average of 2.65%, near the high end of its 4-year range (-6.78%–9.68%).
As of the fiscal period ended Friday, December 30, 2022. 21.42% above its 12-month average of 7.97%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2022 (2022-12-30): 9.68%.
RETURN ON INVESTED CAPITAL (ROIC)
9.68%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
7.97%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
3.52%
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
+21.42%
CURRENT VS 3Y AVG
+175.05%
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 · BASIC MATERIALS
5.81%
median of 103 covered companies
CURRENT VS SECTOR MEDIAN
+66.57%
vs the sector median at left
Atlas Critical Minerals Corporation
Market Cap
$7.64M
Return on Invested Capital (ROIC)
9.68%
TTM Avg
7.97%
3Y Avg
3.52%
5Y Avg
N/A
Market Cap
$7.13M
Return on Invested Capital (ROIC)
-2.31%
TTM Avg
-0.16%
3Y Avg
7.61%
5Y Avg
10.59%
Market Cap
$8.31M
Return on Invested Capital (ROIC)
-123.95%
TTM Avg
-63.77%
3Y Avg
-34.26%
5Y Avg
-27.44%
Market Cap
$6.75M
Return on Invested Capital (ROIC)
-24.53%
TTM Avg
-24.05%
3Y Avg
-27.07%
5Y Avg
-27.72%
Market Cap
$10.02M
Return on Invested Capital (ROIC)
-3.20%
TTM Avg
-2.50%
3Y Avg
0.35%
5Y Avg
1.92%
Market Cap
$4.86M
Return on Invested Capital (ROIC)
-1.38%
TTM Avg
-0.69%
3Y Avg
-7.02%
5Y Avg
-6.02%
Market Cap
$10.59M
Return on Invested Capital (ROIC)
-35.65%
TTM Avg
-35.26%
3Y Avg
-55.25%
5Y Avg
-55.52%
Market Cap
$4.27M
Return on Invested Capital (ROIC)
-4.06%
TTM Avg
-10.21%
3Y Avg
-5.61%
5Y Avg
-4.14%
Market Cap
$2.17M
Return on Invested Capital (ROIC)
-11.35%
TTM Avg
-4.80%
3Y Avg
-1.83%
5Y Avg
0.77%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Atlas Critical Minerals Corporation (ATCX) | $7.64M | 9.68% | 7.97% | 3.52% | N/A |
| Bon Natural Life Limited (BON)vs › | $7.13M | -2.31% | -0.16% | 7.61% | 10.59% |
| Blue Gold Limited (BGL)vs › | $8.31M | -123.95% | -63.77% | -34.26% | -27.44% |
| Foremost Clean Energy Ltd. (FMST)vs › | $6.75M | -24.53% | -24.05% | -27.07% | -27.72% |
| Huadi International Group Co., Ltd. (HUDI)vs › | $10.02M | -3.20% | -2.50% | 0.35% | 1.92% |
| China Natural Resources, Inc. (CHNR)vs › | $4.86M | -1.38% | -0.69% | -7.02% | -6.02% |
| Antelope Enterprise Holdings Limited (AEHL)vs › | $10.59M | -35.65% | -35.26% | -55.25% | -55.52% |
| Gulf Resources, Inc. (GURE)vs › | $4.27M | -4.06% | -10.21% | -5.61% | -4.14% |
| Capstone Holding Corp. (CAPS)vs › | $2.17M | -11.35% | -4.80% | -1.83% | 0.77% |
| CN Energy Group. Inc. (CNEY)vs › | $1.65M | -10.35% | -11.62% | -7.05% | -3.36% |
ROIC
9.7%
ROE
N/A
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) |
|---|---|
| 2022-12-30 | 9.68% |
| 2022-09-30 | 8.26% |
| 2022-07-01 | 7.41% |
| 2022-04-01 | 6.24% |
| 2021-12-31 | 8.26% |
| 2021-10-01 | 6.39% |
| 2021-07-02 | 5.94% |
| 2021-04-02 | 7.52% |
| 2020-12-31 | -0.73% |
| 2020-09-30 | -1.71% |
| 2020-06-30 | -4.06% |
| 2020-03-31 | -6.78% |
| 2019-12-31 | -0.68% |
| 2019-09-30 | -0.38% |
| 2019-06-30 | -0.21% |
| 2019-03-31 | -0.14% |
| 2018-12-31 | -0.04% |