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 -27.28% is 18% above its 5-year average of -33.37%, near the high end of its 5-year range (-40.97%–-26.87%).
As of the fiscal period ended Tuesday, June 30, 2026. 21.44% above its 12-month average of -34.73%.
Trailing-twelve-month return on invested capital at each fiscal quarter end; no daily interpolation. Q2 FY2026 (2026-06-30): -27.28%.
RETURN ON INVESTED CAPITAL (ROIC)
-27.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-34.73%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-33.28%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-33.37%
RETURN ON INVESTED CAPITAL (ROIC) AVG 10Y
-33.24%
RETURN ON INVESTED CAPITAL (ROIC) AVG 15Y
-26.56%
RETURN ON INVESTED CAPITAL (ROIC) AVG 20Y
N/A
CURRENT VS TTM AVG
+21.44%
CURRENT VS 3Y AVG
+18.02%
CURRENT VS 5Y AVG
+18.25%
CURRENT VS 10Y AVG
+17.93%
CURRENT VS 15Y AVG
-2.71%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
3.25%
median of 465 covered companies
CURRENT VS SECTOR MEDIAN
-939.42%
vs the sector median at left
LiqTech International, Inc.
Market Cap
$16.21M
Return on Invested Capital (ROIC)
-27.28%
TTM Avg
-34.73%
3Y Avg
-33.28%
5Y Avg
-33.37%
Market Cap
$16.36M
Return on Invested Capital (ROIC)
N/A
TTM Avg
-145.59%
3Y Avg
-245.75%
5Y Avg
-883.22%
Market Cap
$16.91M
Return on Invested Capital (ROIC)
13.78%
TTM Avg
9.51%
3Y Avg
15.30%
5Y Avg
13.18%
Market Cap
$17.11M
Return on Invested Capital (ROIC)
1.08%
TTM Avg
1.92%
3Y Avg
3.02%
5Y Avg
-1.90%
Market Cap
$15.29M
Return on Invested Capital (ROIC)
14.92%
TTM Avg
14.92%
3Y Avg
14.92%
5Y Avg
14.92%
Market Cap
$15.23M
Return on Invested Capital (ROIC)
-12.23%
TTM Avg
-39.02%
3Y Avg
-28.30%
5Y Avg
-26.08%
Market Cap
$15.13M
Return on Invested Capital (ROIC)
-9.94%
TTM Avg
-6.56%
3Y Avg
-4.54%
5Y Avg
3.33%
Market Cap
$14.88M
Return on Invested Capital (ROIC)
-55.55%
TTM Avg
-25.93%
3Y Avg
-9.06%
5Y Avg
-5.88%
Market Cap
$17.97M
Return on Invested Capital (ROIC)
-142.20%
TTM Avg
-106.77%
3Y Avg
-58.39%
5Y Avg
-46.04%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LiqTech International, Inc. (LIQT) | $16.21M | -27.28% | -34.73% | -33.28% | -33.37% |
| ParaZero Technologies Ltd. (PRZO)vs › | $16.36M | N/A | -145.59% | -245.75% | -883.22% |
| Ten-League International Holdings Limited Ordinary Shares (TLIH)vs › | $16.91M | 13.78% | 9.51% | 15.30% | 13.18% |
| Art's-Way Manufacturing Co., Inc. (ARTW)vs › | $17.11M | 1.08% | 1.92% | 3.02% | -1.90% |
| Hang Feng Technology Innovation Co., Ltd. Ordinary Shares (FOFO)vs › | $15.29M | 14.92% | 14.92% | 14.92% | 14.92% |
| Greenpro Capital Corp. (GRNQ)vs › | $15.23M | -12.23% | -39.02% | -28.30% | -26.08% |
| PS International Group Ltd. (PSIG)vs › | $15.13M | -9.94% | -6.56% | -4.54% | 3.33% |
| OneConstruction Group Limited (ONEG)vs › | $14.88M | -55.55% | -25.93% | -9.06% | -5.88% |
| Quanome Technologies, Inc. (QNME)vs › | $17.97M | -142.20% | -106.77% | -58.39% | -46.04% |
| Rectitude Holdings Ltd Ordinary Shares (RECT)vs › | $18.13M | 8.67% | 7.52% | 12.80% | 12.79% |
ROIC
-27.3%
ROE
-37.6%
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 | -27.28% |
| 2026-03-31 | -40.97% |
| 2025-12-31 | -34.93% |
| 2025-09-30 | -33.67% |
| 2025-06-30 | -36.78% |
| 2025-03-31 | -35.57% |
| 2024-12-31 | -34.47% |
| 2024-09-30 | -39.72% |
| 2024-06-30 | -36.45% |
| 2024-03-31 | -30.94% |
| 2023-12-31 | -27.39% |
| 2023-09-30 | -26.87% |
| 2023-06-30 | -27.57% |
| 2023-03-31 | -35.46% |
| 2022-12-31 | -36.82% |
| 2022-09-30 | -37.85% |
| 2022-06-30 | -35.20% |
| 2022-03-31 | -35.72% |
| 2021-12-31 | -29.21% |
| 2021-09-30 | -28.96% |
| 2021-06-30 | -28.95% |
| 2021-03-31 | -39.71% |
| 2020-12-31 | -25.24% |
| 2020-09-30 | -17.97% |
| 2020-06-30 | -7.58% |
| 2020-03-31 | -0.82% |
| 2019-12-31 | -1.39% |
| 2019-09-30 | -3.52% |
| 2019-06-30 | -8.37% |
| 2019-03-31 | -30.28% |
| 2018-12-31 | -52.52% |
| 2018-09-30 | -42.69% |
| 2018-06-30 | -43.23% |
| 2018-03-31 | -88.78% |
| 2017-12-31 | -66.65% |
| 2017-09-30 | -274.15% |
| 2017-06-30 | -211.49% |
| 2017-03-31 | -235.16% |
| 2016-12-31 | -203.19% |
| 2016-09-30 | -11.58% |
| 2016-06-30 | -2.70% |
| 2016-03-31 | -12.86% |
| 2015-12-31 | -14.95% |
| 2015-09-30 | -26.59% |
| 2015-06-30 | -31.15% |
| 2015-03-31 | -24.76% |
| 2014-12-31 | -18.99% |
| 2014-09-30 | -15.20% |
| 2014-06-30 | -39.54% |
| 2014-03-31 | -42.90% |
| 2013-12-31 | -39.65% |
| 2013-09-30 | -49.23% |
| 2013-06-30 | -44.17% |
| 2013-03-31 | -36.14% |
| 2012-12-31 | -25.48% |
| 2012-09-30 | -4.15% |
| 2012-06-30 | 2.87% |
| 2012-03-31 | 6.67% |
| 2011-12-31 | 5.57% |
| 2011-09-30 | 4.83% |
