Mind Technology (MIND) Return on Capital Employed (2011 - 2026)
Mind Technology (MIND) posted quarterly Return on Capital Employed of 8.6% for Q2 2026, up 826.0% YoY from 0.93% in Q2 2025, and up 23.01% sequentially from 6.99% in Q1 2026.
Mind Technology (MIND) Return on Capital Employed (2011 - 2026) Analysis & Trends
Mind Technology has disclosed Return on Capital Employed across 16 years of filings, most recently posting 8.6% for Q2 2026.
- In Q2 2026, Return on Capital Employed rose 826.0% year-over-year to 8.6%; the TTM figure through Apr 2026 stood at 8.6% (up 826.0% YoY), while the FY2026 annual figure was 8.04%, up 244.0% from the prior year.
- Return on Capital Employed advanced to 8.6% in Q2 2026, from 6.99% in the prior quarter.
- Over the last five years, Return on Capital Employed for MIND reached as high as 23.59% in Q4 2024 and fell as low as 52.01% in Q1 2022.
- The 5-year median for Return on Capital Employed is 3.99% (2024), against an average of 5.16%.
- Annual changes were most pronounced in 2022 — Return on Capital Employed tumbled 4354 bps — and 2023, when it jumped 6266 bps.
- A 5-year view of Return on Capital Employed shows it stood at 48.94% in 2022, then jumped by 128 bps to 13.73% in 2023, then surged by 72 bps to 23.59% in 2024, then tumbled by 97 bps to 0.65% in 2025, then soared by 1224 bps to 8.6% in 2026.
- According to Business Quant data, Return on Capital Employed over the past three periods registered 8.6%, 6.99%, and 0.65% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | -26.06% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 5.63% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 9.45% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 8.78% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 7.88% |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 8.21% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 10.78% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 4.26% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 20.58% |
| 10 | Mind Technology | 42.95 Mn | 25.25 Mn | 4.10 Mn | 8.60% |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | 8.60% |
| Jan 31, 2026 | 6.99% |
| Oct 31, 2025 | 0.65% |
| Jul 31, 2025 | 4.52% |
| Apr 30, 2025 | 0.34% |
| Jan 31, 2025 | 5.34% |
| Oct 31, 2024 | 23.59% |
| Jul 31, 2024 | 12.62% |
| Apr 30, 2024 | 3.46% |
| Jan 31, 2024 | 2.42% |
| Oct 31, 2023 | 13.73% |
| Jul 31, 2023 | 8.44% |
| Apr 30, 2023 | 4.60% |
| Jan 31, 2023 | -7.39% |
| Oct 31, 2022 | -48.94% |
| Jul 31, 2022 | -39.42% |
| Apr 30, 2022 | -40.37% |
| Jan 31, 2022 | -52.01% |
| Oct 31, 2021 | -5.40% |
| Jul 31, 2021 | -5.85% |