Medinotec (MDNC) Return on Capital Employed [ROCE] (2023 - 2026)
Medinotec's Return on Capital Employed [ROCE] was 17.30% in fiscal Q1 2027 (quarter ended May 31, 2026), down 46.50 percentage points from 63.80% a year earlier and down 1.79 percentage points from the prior quarter.
Medinotec (MDNC) Return on Capital Employed [ROCE] (2023 - 2026) Analysis & Trends
For FY2026 (ended Feb 28, 2026), Return on Capital Employed [ROCE] at Medinotec came in at 19.17%, down 55.02 percentage points from FY2025.
- Return on Capital Employed [ROCE] shows a three-year change of +27.58 percentage points (FY2023 to FY2026).
- In earlier fiscal years, Return on Capital Employed [ROCE] was 74.19% in FY2025 (+58.47 pp), 15.72% in FY2024 (+24.14 pp) and -8.41% in FY2023.
- The fiscal Q1 2027 figure marks the lowest quarterly Return on Capital Employed [ROCE] since fiscal Q4 2024.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in six of the last eight quarters, with an average year-over-year change of +14.13 percentage points.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was fiscal Q4 2025 (a gain of 52.85 percentage points); the worst was fiscal Q4 2026 (a drop of 50.58 percentage points).
- Per Business Quant data, MDNC's Return on Capital Employed [ROCE] in the three fiscal quarters before Q1 2027 was 19.10% (Q4 2026), 63.08% (Q3 2026) and 61.50% (Q2 2026).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 8.30% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 7.98% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 6.42% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | 18.58% |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 8.34% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 13.69% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.83% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 11.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 6.00% |
| 10 | Medinotec | 58.78 Mn | 50.33 Mn | 1.31 Mn | 17.30% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 17.30% |
| Feb 28, 2026 | 19.10% |
| Nov 30, 2025 | 63.08% |
| Aug 31, 2025 | 61.50% |
| May 31, 2025 | 63.80% |
| Feb 28, 2025 | 69.67% |
| Nov 30, 2024 | 38.36% |
| Aug 31, 2024 | 37.28% |
| May 31, 2024 | 21.86% |
| Feb 29, 2024 | 16.82% |
| Nov 30, 2023 | 7.54% |
| Aug 31, 2023 | 1.68% |
| May 31, 2023 | -3.32% |
| Feb 28, 2023 | -5.05% |
Medinotec Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=MDNC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "MDNC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=MDNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();