Medinotec (MDNC) Return on Invested Capital [ROIC] (2023 - 2026)
Medinotec's Return on Invested Capital [ROIC] was 19.52% in fiscal Q4 2026 (quarter ended Feb 28, 2026), down 44.66 percentage points from the prior quarter.
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Analysis
Medinotec (MDNC) Return on Invested Capital [ROIC] (2023 - 2026) Analysis & Trends
For FY2026 (ended Feb 28, 2026), Return on Invested Capital [ROIC] at Medinotec came in at 20.04%, down 49.73 percentage points from FY2025.
- Return on Invested Capital [ROIC] shows a three-year change of +28.25 percentage points (FY2023 to FY2026).
- In earlier fiscal years, Return on Invested Capital [ROIC] was 69.77% in FY2025 (+63.95 pp), 5.83% in FY2024 (+14.04 pp) and -8.21% in FY2023.
- The fiscal Q4 2026 figure marks the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q4 2024.
- Per Business Quant data, MDNC's Return on Invested Capital [ROIC] in the three fiscal quarters before Q4 2026 was 64.18% (Q3 2026), 64.91% (Q2 2026) and 60.84% (Q1 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 242.18 Bn | 221.33 Bn | 4.88 Bn | 7.89% |
| 2 | Abbott Laboratories | 168.71 Bn | 139.79 Bn | 7.27 Bn | 6.20% |
| 3 | Danaher | 150.46 Bn | 134.27 Bn | 3.61 Bn | 5.71% |
| 4 | Intuitive Surgical | 138.71 Bn | 118.26 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.54 Bn | 76.41 Bn | 6.34 Bn | 6.90% |
| 6 | Stryker | 105.66 Bn | 91.78 Bn | 4.50 Bn | 10.46% |
| 7 | Boston Scientific | 61.74 Bn | 56.75 Bn | 3.85 Bn | 10.53% |
| 8 | Edwards Lifesciences | 49.09 Bn | 33.21 Bn | 1.35 Bn | 8.99% |
| 9 | Becton Dickinson | 48.16 Bn | 45.31 Bn | 2.32 Bn | 5.27% |
| 10 | Medinotec | 58.78 Mn | 50.33 Mn | 1.31 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Feb 28, 2026 | 19.52% |
| Nov 30, 2025 | 64.18% |
| Aug 31, 2025 | 64.91% |
| May 31, 2025 | 60.84% |
| Feb 29, 2024 | 7.33% |
| Nov 30, 2023 | 7.35% |
API Access
Medinotec Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=MDNC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=MDNC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();