Mind Technology (MIND) Return on Capital Employed (2011 - 2026)
Mind Technology (MIND) reported Return on Capital Employed of 6.99% for Q1 2026, down 1756.0% year-over-year from 0.42% in Q1 2025, and down 56.27% quarter-over-quarter from 16.0% in Q4 2025.
Mind Technology (MIND) Return on Capital Employed (2011 - 2026) Analysis & Trends
Mind Technology (MIND) has 16 years of Return on Capital Employed data on file, last reported at 6.99% in Q1 2026.
- Return on Capital Employed for Q1 2026 came in at 6.99%, down 1756.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 6.99% (down 1756.0% YoY), and the FY2026 annual result was 8.04%, down 1773.0% from the prior year.
- Return on Capital Employed declined to 6.99% in Q1 2026 per MIND's latest filing, from 16.0% in the prior quarter.
- Over five years, Return on Capital Employed peaked at 24.55% in Q1 2025 and troughed at 52.01% in Q1 2022.
- A 5-year average of 1.73% and a median of 6.99% in 2026 frame the typical range for Return on Capital Employed.
- The sharpest annual moves came in 2022 and 2023: Return on Capital Employed sank 4354 bps in 2022, then jumped 6266 bps in 2023.
- 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 sank by 32 bps to 16.0% in 2025, then sank by 56 bps to 6.99% in 2026.
- Business Quant data shows MIND's Return on Capital Employed at 6.99% in Q1 2026, 16.0% in Q4 2025, and 22.66% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | -26.06% |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 9.45% |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 20.58% |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 8.78% |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 8.73% |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 7.88% |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 8.21% |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 10.78% |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 8.76% |
| 10 | Mind Technology | 48.89 Mn | 29.79 Mn | 3.99 Mn | 6.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2026 | 6.99% |
| Oct 31, 2025 | 16.00% |
| Jul 31, 2025 | 22.66% |
| Apr 30, 2025 | 19.72% |
| Jan 31, 2025 | 24.55% |
| 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% |
| Apr 30, 2021 | -5.04% |