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 -63.64% is 169% below its 5-year average of -23.69%, around the middle of its 5-year range (-230.40%–34.65%).
As of the fiscal period ended Tuesday, June 30, 2026. 8.21% above its 12-month average of -69.33%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -63.64%.
RETURN ON INVESTED CAPITAL (ROIC)
-63.64%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-69.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-23.63%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-23.69%
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
+8.21%
CURRENT VS 3Y AVG
-169.30%
CURRENT VS 5Y AVG
-168.64%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
1.59%
median of 560 covered companies
CURRENT VS SECTOR MEDIAN
-4090.13%
vs the sector median at left
HeartCore Enterprises, Inc.
Market Cap
$2.50M
Return on Invested Capital (ROIC)
-63.64%
TTM Avg
-69.33%
3Y Avg
-23.63%
5Y Avg
-23.69%
Market Cap
$2.45M
Return on Invested Capital (ROIC)
-25.92%
TTM Avg
-27.54%
3Y Avg
-19.05%
5Y Avg
-14.80%
Market Cap
$2.31M
Return on Invested Capital (ROIC)
2.83%
TTM Avg
-1.06%
3Y Avg
3.11%
5Y Avg
4.30%
Market Cap
$2.71M
Return on Invested Capital (ROIC)
31.40%
TTM Avg
16.16%
3Y Avg
11.53%
5Y Avg
11.77%
Market Cap
$2.08M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.12M
Return on Invested Capital (ROIC)
-94.21%
TTM Avg
-114.91%
3Y Avg
-114.91%
5Y Avg
-180.53%
Market Cap
$2.95M
Return on Invested Capital (ROIC)
-101.57%
TTM Avg
-82.06%
3Y Avg
-37.89%
5Y Avg
-18.89%
Market Cap
$3.01M
Return on Invested Capital (ROIC)
-25.36%
TTM Avg
-125.50%
3Y Avg
-105.62%
5Y Avg
-82.69%
Market Cap
$1.95M
Return on Invested Capital (ROIC)
-17.03%
TTM Avg
-50.13%
3Y Avg
-20.84%
5Y Avg
-8.11%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HeartCore Enterprises, Inc. (HTCR) | $2.50M | -63.64% | -69.33% | -23.63% | -23.69% |
| Boxlight Corporation (BOXL)vs › | $2.45M | -25.92% | -27.54% | -19.05% | -14.80% |
| ICZOOM Group Inc. (IZM)vs › | $2.31M | 2.83% | -1.06% | 3.11% | 4.30% |
| AIOS Tech Inc. (AIOS)vs › | $2.71M | 31.40% | 16.16% | 11.53% | 11.77% |
| UTime Limited (FXHO)vs › | $2.08M | N/A | N/A | N/A | N/A |
| Banzai International, Inc. Class A (PARA)vs › | $2.12M | -94.21% | -114.91% | -114.91% | -180.53% |
| Algorhythm Holdings, Inc. (RIME)vs › | $2.95M | -101.57% | -82.06% | -37.89% | -18.89% |
| Focus Universal Inc. (FCUV)vs › | $3.01M | -25.36% | -125.50% | -105.62% | -82.69% |
| GMEX Robotics Corporation (GMEX)vs › | $1.95M | -17.03% | -50.13% | -20.84% | -8.11% |
| BIO-key International, Inc. (BKYI)vs › | $1.94M | -70.16% | -60.34% | -211.99% | -150.70% |
ROIC
-63.6%
ROE
79.4%
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 | -63.64% |
| 2026-03-31 | -40.38% |
| 2025-12-31 | -28.27% |
| 2025-09-30 | -230.40% |
| 2025-06-30 | 16.02% |
| 2025-03-31 | -11.73% |
| 2024-12-31 | 0.92% |
| 2024-09-30 | 34.65% |
| 2024-06-30 | -72.70% |
| 2024-03-31 | -59.27% |
| 2023-12-31 | -30.25% |
| 2023-09-30 | -14.83% |
| 2023-06-30 | -14.11% |
| 2023-03-31 | -14.05% |
| 2022-12-31 | -70.49% |
| 2022-09-30 | -54.94% |
| 2022-06-30 | -23.84% |
| 2022-03-31 | -7.53% |
| 2021-12-31 | 0.56% |
| 2021-09-30 | 3.74% |
