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 21.85% is 39% above its 5-year average of 15.70%, near the high end of its 5-year range (4.22%–21.85%).
As of the fiscal period ended Tuesday, June 30, 2026. 3.91% above its 12-month average of 21.03%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q4 FY2026 (2026-06-30): 21.85%.
RETURN ON INVESTED CAPITAL (ROIC)
21.85%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
21.03%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
17.05%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
15.70%
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
+3.91%
CURRENT VS 3Y AVG
+28.19%
CURRENT VS 5Y AVG
+39.20%
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
+4982.11%
vs the sector median at left
IBEX Limited
Market Cap
$578.28M
Return on Invested Capital (ROIC)
21.85%
TTM Avg
21.03%
3Y Avg
17.05%
5Y Avg
15.70%
Market Cap
$563.67M
Return on Invested Capital (ROIC)
27.14%
TTM Avg
21.93%
3Y Avg
24.82%
5Y Avg
22.46%
Market Cap
$602.17M
Return on Invested Capital (ROIC)
-18.86%
TTM Avg
-19.07%
3Y Avg
-19.85%
5Y Avg
-19.30%
Market Cap
$608.87M
Return on Invested Capital (ROIC)
-9.77%
TTM Avg
-22.60%
3Y Avg
-27.35%
5Y Avg
-24.08%
Market Cap
$611.98M
Return on Invested Capital (ROIC)
23.03%
TTM Avg
29.91%
3Y Avg
14.48%
5Y Avg
7.93%
Market Cap
$612.07M
Return on Invested Capital (ROIC)
15.40%
TTM Avg
19.62%
3Y Avg
18.16%
5Y Avg
16.09%
Market Cap
$617.21M
Return on Invested Capital (ROIC)
-0.25%
TTM Avg
-25.28%
3Y Avg
-17.75%
5Y Avg
-12.80%
Market Cap
$618.39M
Return on Invested Capital (ROIC)
-5.47%
TTM Avg
-2.42%
3Y Avg
-5.71%
5Y Avg
-1.28%
Market Cap
$535.62M
Return on Invested Capital (ROIC)
0.47%
TTM Avg
-0.70%
3Y Avg
-3.65%
5Y Avg
0.54%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| IBEX Limited (IBEX) | $578.28M | 21.85% | 21.03% | 17.05% | 15.70% |
| NVE Corporation (NVEC)vs › | $563.67M | 27.14% | 21.93% | 24.82% | 22.46% |
| indie Semiconductor, Inc. (INDI)vs › | $602.17M | -18.86% | -19.07% | -19.85% | -19.30% |
| Sprout Social, Inc. (SPT)vs › | $608.87M | -9.77% | -22.60% | -27.35% | -24.08% |
| Docebo Inc. (DCBO)vs › | $611.98M | 23.03% | 29.91% | 14.48% | 7.93% |
| Climb Global Solutions, Inc. (CLMB)vs › | $612.07M | 15.40% | 19.62% | 18.16% | 16.09% |
| ADTRAN Holdings Inc. (ADTN)vs › | $617.21M | -0.25% | -25.28% | -17.75% | -12.80% |
| NETGEAR, Inc. (NTGR)vs › | $618.39M | -5.47% | -2.42% | -5.71% | -1.28% |
| Methode Electronics, Inc. (MEI)vs › | $535.62M | 0.47% | -0.70% | -3.65% | 0.54% |
| Grid Dynamics Holdings, Inc. (GDYN)vs › | $634.41M | -0.19% | -0.20% | -1.69% | -2.80% |
ROIC
21.9%
ROE
27.2%
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 | 21.85% |
| 2026-03-31 | 21.07% |
| 2025-12-31 | 21.64% |
| 2025-09-30 | 21.24% |
| 2025-06-30 | 19.36% |
| 2025-03-31 | 18.01% |
| 2024-12-31 | 18.69% |
| 2024-09-30 | 13.47% |
| 2024-06-30 | 14.48% |
| 2024-03-31 | 11.78% |
| 2023-12-31 | 11.98% |
| 2023-09-30 | 13.67% |
| 2023-06-30 | 14.38% |
| 2023-03-31 | 15.70% |
| 2022-12-31 | 14.74% |
| 2022-09-30 | 15.70% |
| 2022-06-30 | 13.23% |
| 2022-03-31 | 14.03% |
| 2021-12-31 | 10.68% |
| 2021-09-30 | 8.29% |
| 2021-06-30 | 4.22% |
| 2021-03-31 | 3.60% |
| 2020-12-31 | 3.41% |
| 2020-09-30 | 4.10% |
| 2020-06-30 | 11.59% |
| 2020-03-31 | 11.46% |
