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 -41.31% is 186% below its 5-year average of -14.46%, near the low end of its 5-year range (-56.83%–54.81%).
As of the fiscal period ended Wednesday, December 31, 2025. 121.68% below its 12-month average of -18.64%.
Annual fiscal-year return on invested capital; no daily interpolation. Historical series through 2025-12-31.
RETURN ON INVESTED CAPITAL (ROIC)
-41.31%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-18.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-36.99%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-14.46%
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
-121.68%
CURRENT VS 3Y AVG
-11.68%
CURRENT VS 5Y AVG
-185.68%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
4.47%
median of 365 covered companies
CURRENT VS SECTOR MEDIAN
-1024.16%
vs the sector median at left
Baiya International Group Inc.
Market Cap
$3.63M
Return on Invested Capital (ROIC)
-41.31%
TTM Avg
-18.64%
3Y Avg
-36.99%
5Y Avg
-14.46%
Market Cap
$3.62M
Return on Invested Capital (ROIC)
-28.01%
TTM Avg
-9.73%
3Y Avg
-0.57%
5Y Avg
3.18%
Market Cap
$3.44M
Return on Invested Capital (ROIC)
-6.73%
TTM Avg
-4.82%
3Y Avg
-3.27%
5Y Avg
-7.73%
Market Cap
$3.41M
Return on Invested Capital (ROIC)
-51.05%
TTM Avg
-88.72%
3Y Avg
-70.90%
5Y Avg
-70.90%
Market Cap
$3.99M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$4.16M
Return on Invested Capital (ROIC)
-23.02%
TTM Avg
-15.01%
3Y Avg
-11.29%
5Y Avg
-7.61%
Market Cap
$3.10M
Return on Invested Capital (ROIC)
-19.30%
TTM Avg
-11.54%
3Y Avg
2.52%
5Y Avg
9.35%
Market Cap
$2.98M
Return on Invested Capital (ROIC)
-32.71%
TTM Avg
-27.36%
3Y Avg
-21.39%
5Y Avg
-9.81%
Market Cap
$2.80M
Return on Invested Capital (ROIC)
-127.61%
TTM Avg
-230.87%
3Y Avg
-268.86%
5Y Avg
-239.44%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Baiya International Group Inc. (BIYA) | $3.63M | -41.31% | -18.64% | -36.99% | -14.46% |
| INLIF Limited (INLF)vs › | $3.62M | -28.01% | -9.73% | -0.57% | 3.18% |
| Addentax Group Corp. (ATXG)vs › | $3.44M | -6.73% | -4.82% | -3.27% | -7.73% |
| Iveda Solutions, Inc. (IVDA)vs › | $3.41M | -51.05% | -88.72% | -70.90% | -70.90% |
| Liberty Defense Holdings, Ltd. Common Shares (DETX)vs › | $3.99M | N/A | N/A | N/A | N/A |
| Highway Holdings Limited (HIHO)vs › | $4.16M | -23.02% | -15.01% | -11.29% | -7.61% |
| Intelligent Group Limited (INTJ)vs › | $3.10M | -19.30% | -11.54% | 2.52% | 9.35% |
| BioNexus Gene Lab Corp. (BGLC)vs › | $2.98M | -32.71% | -27.36% | -21.39% | -9.81% |
| DEFSEC Technologies Inc. (DFSC)vs › | $2.80M | -127.61% | -230.87% | -268.86% | -239.44% |
| JBDI Holdings Limited (JBDI)vs › | $4.52M | -2.53% | 0.56% | -12.05% | 6.20% |
ROIC
-41.3%
ROE
-41.5%
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 | -41.31% |
| 2024-12-31 | 4.04% |
| 2023-12-31 | -53.86% |
| 2022-12-31 | -56.83% |
| 2021-12-31 | 6.39% |
| 2020-12-31 | 54.81% |
