Medinotec (MDNC) Return on Invested Capital [ROIC] (2023 - 2026)
Medinotec's Return on Invested Capital [ROIC] was 11.40% in fiscal Q2 2027 (quarter ended Aug 31, 2026), down 53.51 percentage points from 64.91% a year earlier.
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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 Q2 2027 figure marks the lowest quarterly Return on Invested Capital [ROIC] since fiscal Q4 2024.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 259.44 Bn | 236.08 Bn | 5.13 Bn | 8.02% |
| 2 | Abbott Laboratories | 187.98 Bn | 162.45 Bn | 7.39 Bn | 5.70% |
| 3 | Danaher | 163.91 Bn | 143.58 Bn | 3.84 Bn | 5.83% |
| 4 | Intuitive Surgical | 153.75 Bn | 134.17 Bn | 2.08 Bn | - |
| 5 | Medtronic | 131.67 Bn | 97.80 Bn | 6.34 Bn | 11.69% |
| 6 | Stryker | 117.84 Bn | 104.03 Bn | 4.25 Bn | 9.95% |
| 7 | Boston Scientific | 64.27 Bn | 59.95 Bn | 3.43 Bn | 9.94% |
| 8 | Edwards Lifesciences | 61.69 Bn | 45.00 Bn | 1.35 Bn | 8.68% |
| 9 | Medline | 51.94 Bn | 49.07 Bn | 1.93 Bn | 4.29% |
| 10 | Medinotec | 58.78 Mn | 50.04 Mn | 1.56 Mn | 11.40% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Aug 31, 2026 | 11.40% |
| May 31, 2026 | 17.26% |
| Feb 28, 2026 | 19.52% |
| Nov 30, 2025 | 64.18% |
| Aug 31, 2025 | 64.91% |
| May 31, 2025 | 60.84% |
| Feb 28, 2025 | 70.31% |
| Nov 30, 2024 | 33.81% |
| Aug 31, 2024 | 25.74% |
| May 31, 2024 | 18.11% |
| Feb 29, 2024 | 7.33% |
| Nov 30, 2023 | 7.35% |
| Aug 31, 2023 | 1.67% |
| May 31, 2023 | -3.31% |
| Feb 28, 2023 | -5.07% |
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();