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 -12.60% is 25% above its 3-year average of -16.87%, near the high end of its 3-year range (-256.85%–-1.68%).
As of the fiscal period ended Tuesday, June 30, 2026. 83.51% above its 12-month average of -76.43%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -12.60%.
RETURN ON INVESTED CAPITAL (ROIC)
-12.60%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-76.43%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-19.33%
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
+83.51%
CURRENT VS 3Y AVG
+34.79%
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
-3030.69%
vs the sector median at left
Horizon Quantum Holdings Ltd. Class A Ordinary Shares
Market Cap
$931.56M
Return on Invested Capital (ROIC)
-12.60%
TTM Avg
-76.43%
3Y Avg
-19.33%
5Y Avg
N/A
Market Cap
$904.27M
Return on Invested Capital (ROIC)
-21.58%
TTM Avg
-81.32%
3Y Avg
-72.10%
5Y Avg
-63.74%
Market Cap
$896.09M
Return on Invested Capital (ROIC)
-0.01%
TTM Avg
-4.17%
3Y Avg
-1.81%
5Y Avg
1.62%
Market Cap
$895.39M
Return on Invested Capital (ROIC)
6.52%
TTM Avg
7.39%
3Y Avg
5.60%
5Y Avg
7.84%
Market Cap
$983.99M
Return on Invested Capital (ROIC)
-63.42%
TTM Avg
-115.45%
3Y Avg
-84.53%
5Y Avg
-76.01%
Market Cap
$990.41M
Return on Invested Capital (ROIC)
12.80%
TTM Avg
13.25%
3Y Avg
1.52%
5Y Avg
5.87%
Market Cap
$871.07M
Return on Invested Capital (ROIC)
0.74%
TTM Avg
3.69%
3Y Avg
8.68%
5Y Avg
11.80%
Market Cap
$867.54M
Return on Invested Capital (ROIC)
3.08%
TTM Avg
1.24%
3Y Avg
1.20%
5Y Avg
0.78%
Market Cap
$861.88M
Return on Invested Capital (ROIC)
12.95%
TTM Avg
12.96%
3Y Avg
13.16%
5Y Avg
9.20%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Horizon Quantum Holdings Ltd. Class A Ordinary Shares (HQ) | $931.56M | -12.60% | -76.43% | -19.33% | N/A |
| Kopin Corp. (KOPN)vs › | $904.27M | -21.58% | -81.32% | -72.10% | -63.74% |
| Alpha and Omega Semiconductor Limited (AOSL)vs › | $896.09M | -0.01% | -4.17% | -1.81% | 1.62% |
| Upbound Group, Inc. (UPBD)vs › | $895.39M | 6.52% | 7.39% | 5.60% | 7.84% |
| Aeva Technologies, Inc. (AEVA)vs › | $983.99M | -63.42% | -115.45% | -84.53% | -76.01% |
| LegalZoom.com, Inc. (LZ)vs › | $990.41M | 12.80% | 13.25% | 1.52% | 5.87% |
| Playtika Holding Corp. (PLTK)vs › | $871.07M | 0.74% | 3.69% | 8.68% | 11.80% |
| Daily Journal Corporation (DJCO)vs › | $867.54M | 3.08% | 1.24% | 1.20% | 0.78% |
| Daktronics, Inc. (DAKT)vs › | $861.88M | 12.95% | 12.96% | 13.16% | 9.20% |
| Frequency Electronics, Inc. (FEIM)vs › | $859.98M | 0.76% | 5.96% | 3.00% | -0.33% |
ROIC
-12.6%
ROE
-226.3%
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) |
|---|---|
| 2026-06-30 | -12.60% |
| 2026-03-31 | -12.86% |
| 2025-12-31 | -54.12% |
| 2025-09-30 | -45.71% |
| 2025-06-30 | -256.85% |
| 2025-03-31 | -26.24% |
| 2024-12-31 | -34.62% |
| 2024-09-30 | -15.30% |
| 2024-06-30 | -15.10% |
| 2024-03-31 | -6.80% |
| 2023-12-31 | -2.33% |
| 2023-09-30 | -3.27% |
| 2023-06-30 | -2.94% |
| 2023-03-31 | -2.63% |
| 2022-12-31 | -1.68% |