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 -49.00% is 91% above its 4-year average of -538.88%, near the high end of its 4-year range (-1016.56%–-49.00%).
As of the fiscal period ended Tuesday, March 31, 2026. 56.80% above its 12-month average of -113.43%.
Annual fiscal-year return on invested capital; no daily interpolation. Historical series through 2026-03-31.
RETURN ON INVESTED CAPITAL (ROIC)
-49.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-113.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-414.47%
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
+56.80%
CURRENT VS 3Y AVG
+88.18%
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 · TECHNOLOGY
0.43%
median of 609 covered companies
CURRENT VS SECTOR MEDIAN
-11495.35%
vs the sector median at left
Diginex Limited
Market Cap
$37.54M
Return on Invested Capital (ROIC)
-49.00%
TTM Avg
-113.43%
3Y Avg
-414.47%
5Y Avg
N/A
Market Cap
$37.45M
Return on Invested Capital (ROIC)
0.14%
TTM Avg
-17.30%
3Y Avg
-10.20%
5Y Avg
-7.99%
Market Cap
$37.42M
Return on Invested Capital (ROIC)
-3.14%
TTM Avg
8.11%
3Y Avg
3.31%
5Y Avg
-4.06%
Market Cap
$37.74M
Return on Invested Capital (ROIC)
-28.87%
TTM Avg
-75.02%
3Y Avg
-75.38%
5Y Avg
-69.23%
Market Cap
$37.88M
Return on Invested Capital (ROIC)
-134.27%
TTM Avg
-440.65%
3Y Avg
-440.65%
5Y Avg
-440.65%
Market Cap
$36.89M
Return on Invested Capital (ROIC)
-141.04%
TTM Avg
-80.63%
3Y Avg
-73.68%
5Y Avg
-74.04%
Market Cap
$38.66M
Return on Invested Capital (ROIC)
-0.05%
TTM Avg
-368.15%
3Y Avg
-199.48%
5Y Avg
-159.63%
Market Cap
$36.35M
Return on Invested Capital (ROIC)
-4.31%
TTM Avg
-4.64%
3Y Avg
-19.95%
5Y Avg
-12.99%
Market Cap
$35.85M
Return on Invested Capital (ROIC)
-1.66%
TTM Avg
-1.28%
3Y Avg
-26.13%
5Y Avg
-22.77%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Diginex Limited (DGNX) | $37.54M | -49.00% | -113.43% | -414.47% | N/A |
| Comtech Telecommunications Corp. (CMTL)vs › | $37.45M | 0.14% | -17.30% | -10.20% | -7.99% |
| XBP Global Holdings, Inc. (XBP)vs › | $37.42M | -3.14% | 8.11% | 3.31% | -4.06% |
| GameSquare Holdings Inc. (GAME)vs › | $37.74M | -28.87% | -75.02% | -75.38% | -69.23% |
| Aether Holdings, Inc. Common Stock (ATHR)vs › | $37.88M | -134.27% | -440.65% | -440.65% | -440.65% |
| MicroVision, Inc. (MVIS)vs › | $36.89M | -141.04% | -80.63% | -73.68% | -74.04% |
| Brand Engagement Network, Inc. (BNAI)vs › | $38.66M | -0.05% | -368.15% | -199.48% | -159.63% |
| Koss Corporation (KOSS)vs › | $36.35M | -4.31% | -4.64% | -19.95% | -12.99% |
| WiMi Hologram Cloud Inc. (WIMI)vs › | $35.85M | -1.66% | -1.28% | -26.13% | -22.77% |
| Bragg Gaming Group Inc. (BRAG)vs › | $35.63M | -7.08% | -5.30% | -3.16% | -3.83% |
ROIC
-49.0%
ROE
-153.3%
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) |
|---|---|
| 2026-03-31 | -49.00% |
| 2025-03-31 | -177.86% |
| 2023-03-31 | -1016.56% |
| 2022-03-31 | -912.09% |
