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 -9.72% is 56% above its 5-year average of -22.23%, near the high end of its 5-year range (-58.19%–0.84%).
As of the fiscal period ended Tuesday, March 31, 2026. 14.22% below its 12-month average of -8.51%.
Annual fiscal-year return on invested capital; no daily interpolation. Historical series through 2026-03-31.
RETURN ON INVESTED CAPITAL (ROIC)
-9.72%
RETURN ON INVESTED CAPITAL (ROIC) AVG TTM
-8.51%
RETURN ON INVESTED CAPITAL (ROIC) AVG 3Y
-19.00%
RETURN ON INVESTED CAPITAL (ROIC) AVG 5Y
-22.23%
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
-14.22%
CURRENT VS 3Y AVG
+48.86%
CURRENT VS 5Y AVG
+56.27%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
-35.64%
median of 838 covered companies
CURRENT VS SECTOR MEDIAN
+72.73%
vs the sector median at left
Paranovus Entertainment Technology Ltd.
Market Cap
$3.28M
Return on Invested Capital (ROIC)
-9.72%
TTM Avg
-8.51%
3Y Avg
-19.00%
5Y Avg
-22.23%
Market Cap
$3.30M
Return on Invested Capital (ROIC)
-600.62%
TTM Avg
-217.41%
3Y Avg
-160.53%
5Y Avg
-160.53%
Market Cap
$3.25M
Return on Invested Capital (ROIC)
-69.04%
TTM Avg
-69.04%
3Y Avg
-66.04%
5Y Avg
-57.92%
Market Cap
$3.21M
Return on Invested Capital (ROIC)
-133.29%
TTM Avg
-160.18%
3Y Avg
-147.91%
5Y Avg
-122.63%
Market Cap
$3.14M
Return on Invested Capital (ROIC)
-464.86%
TTM Avg
-2260.77%
3Y Avg
-1213.54%
5Y Avg
-842.71%
Market Cap
$3.49M
Return on Invested Capital (ROIC)
-45.77%
TTM Avg
-25.13%
3Y Avg
-754.36%
5Y Avg
-475.60%
Market Cap
$3.07M
Return on Invested Capital (ROIC)
-75.31%
TTM Avg
-107.77%
3Y Avg
-224.28%
5Y Avg
-195.58%
Market Cap
$3.50M
Return on Invested Capital (ROIC)
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.50M
Return on Invested Capital (ROIC)
-33.50%
TTM Avg
-18.16%
3Y Avg
-45.78%
5Y Avg
-36.63%
| NAME | MARKET CAP | RETURN ON INVESTED CAPITAL (ROIC) | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paranovus Entertainment Technology Ltd. (PAVS) | $3.28M | -9.72% | -8.51% | -19.00% | -22.23% |
| Nexalin Technology, Inc. (NXL)vs › | $3.30M | -600.62% | -217.41% | -160.53% | -160.53% |
| MBody AI Ltd. (MBAI)vs › | $3.25M | -69.04% | -69.04% | -66.04% | -57.92% |
| Aethlon Medical, Inc. (AEMD)vs › | $3.21M | -133.29% | -160.18% | -147.91% | -122.63% |
| BioRestorative Therapies, Inc. (BRTX)vs › | $3.14M | -464.86% | -2260.77% | -1213.54% | -842.71% |
| Mustang Bio, Inc. (MBIO)vs › | $3.49M | -45.77% | -25.13% | -754.36% | -475.60% |
| Adagio Medical Holdings, Inc. (ADGM)vs › | $3.07M | -75.31% | -107.77% | -224.28% | -195.58% |
| Eocene Ltd. (EOCN)vs › | $3.50M | N/A | N/A | N/A | N/A |
| Moolec Science S.A. (MLEC)vs › | $3.50M | -33.50% | -18.16% | -45.78% | -36.63% |
| Cadrenal Therapeutics, Inc. Common Stock (CVKD)vs › | $3.53M | -284.81% | -319.42% | -246.02% | -246.02% |
ROIC
-9.7%
ROE
-40.8%
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) |
|---|---|
| 2026-03-31 | -9.72% |
| 2025-03-31 | -7.30% |
| 2024-03-31 | -33.19% |
| 2023-03-31 | -25.81% |
| 2022-03-31 | -58.19% |
| 2021-03-31 | 0.84% |
| 2020-03-31 | 15.41% |
| 2019-03-31 | 30.13% |
| 2018-03-31 | 37.76% |
| 2017-03-31 | 57.19% |
