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 32.33% is 19% below its 3-year average of 39.95%, near the low end of its 3-year range (13.59%–97.71%).
As of the fiscal period ended Tuesday, September 30, 2025. 50.28% below its 12-month average of 65.02%.
Annual fiscal-year return on invested capital; no daily interpolation. Historical series through 2025-09-30.
RETURN ON INVESTED CAPITAL (ROIC)
32.33%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
65.02%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
39.95%
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
-50.28%
CURRENT VS 3Y AVG
-19.07%
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 · BASIC MATERIALS
4.18%
median of 136 covered companies
CURRENT VS SECTOR MEDIAN
+673.44%
vs the sector median at left
Julong Holding Limited
Market Cap
$85.63M
Return on Invested Capital (ROIC)
32.33%
TTM Avg
65.02%
3Y Avg
39.95%
5Y Avg
N/A
Market Cap
$87.74M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-138.66%
3Y Avg
-118.49%
5Y Avg
-128.78%
Market Cap
$96.12M
Return on Invested Capital (ROIC)
-23.38%
TTM Avg
-14.98%
3Y Avg
-14.62%
5Y Avg
-8.81%
Market Cap
$74.09M
Return on Invested Capital (ROIC)
-2.18%
TTM Avg
-2.59%
3Y Avg
-4.04%
5Y Avg
-0.72%
Market Cap
$73.43M
Return on Invested Capital (ROIC)
-52.58%
TTM Avg
-61.00%
3Y Avg
-108.78%
5Y Avg
-245.52%
Market Cap
$65.95M
Return on Invested Capital (ROIC)
-71.13%
TTM Avg
-124.89%
3Y Avg
-102.92%
5Y Avg
-95.21%
Market Cap
$65.38M
Return on Invested Capital (ROIC)
N/A
TTM Avg
92.51%
3Y Avg
57.15%
5Y Avg
38.04%
Market Cap
$53.43M
Return on Invested Capital (ROIC)
-5.39%
TTM Avg
-13.61%
3Y Avg
-12.07%
5Y Avg
-11.23%
Market Cap
$118.55M
Return on Invested Capital (ROIC)
10.19%
TTM Avg
15.64%
3Y Avg
8.60%
5Y Avg
9.03%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Julong Holding Limited (JLHL) | $85.63M | 32.33% | 65.02% | 39.95% | N/A |
| U.S. GoldMining Inc. (USGO)vs › | $87.74M | N/A | -138.66% | -118.49% | -128.78% |
| Caesarstone Ltd. (CSTE)vs › | $96.12M | -23.38% | -14.98% | -14.62% | -8.81% |
| Northern Technologies International Corporation (NTIC)vs › | $74.09M | -2.18% | -2.59% | -4.04% | -0.72% |
| Atlas Lithium Corporation (ATLX)vs › | $73.43M | -52.58% | -61.00% | -108.78% | -245.52% |
| Nexmetals Mining Corp. (NEXM)vs › | $65.95M | -71.13% | -124.89% | -102.92% | -95.21% |
| Namib Minerals (NAMM)vs › | $65.38M | N/A | 92.51% | 57.15% | 38.04% |
| Electra Battery Materials Corporation (ELBM)vs › | $53.43M | -5.39% | -13.61% | -12.07% | -11.23% |
| Smith-Midland Corporation (SMID)vs › | $118.55M | 10.19% | 15.64% | 8.60% | 9.03% |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $51.69M | 0.88% | 1.49% | 0.13% | 0.13% |
ROIC
32.3%
ROE
37.0%
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) |
|---|---|
| 2025-09-30 | 32.33% |
| 2024-09-30 | 97.71% |
| 2023-09-30 | 16.16% |
| 2022-09-30 | 13.59% |
