Mind Technology (MIND) Return on Invested Capital [ROIC] (2011 - 2023)
Mind Technology (MIND) posted Return on Invested Capital [ROIC] of -10.46% for fiscal Q2 2024 (quarter ended Jul 31, 2023), up 3.57 percentage points from the prior quarter.
Mind Technology (MIND) Return on Invested Capital [ROIC] (2011 - 2023) Analysis & Trends
For FY2023 (ended Jan 31, 2023), Mind Technology's Return on Invested Capital [ROIC] came in at -21.19%, up 25.95 percentage points from FY2022.
- Annual Return on Invested Capital [ROIC] shows a five-year change of +4.54 percentage points (FY2018 to FY2023).
- In prior fiscal years, Mind Technology's Return on Invested Capital [ROIC] was -47.14% in FY2022 (-10.83 pp) and -36.31% in FY2021.
- The fiscal Q2 2024 figure stands as the highest quarterly Return on Invested Capital [ROIC] since fiscal Q2 2016.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 388.70 Bn | 360.40 Bn | 7.76 Bn | 15.86% |
| 2 | Amphenol | 214.42 Bn | 209.12 Bn | 3.55 Bn | 16.52% |
| 3 | Deere | 185.30 Bn | 194.07 Bn | 4.66 Bn | 9.33% |
| 4 | Eaton | 169.35 Bn | 166.59 Bn | 2.86 Bn | 10.34% |
| 5 | Parker-Hannifin | 122.64 Bn | 120.77 Bn | 2.25 Bn | 15.40% |
| 6 | Vertiv Holdings | 97.12 Bn | 87.74 Bn | 1.23 Bn | 23.98% |
| 7 | Emerson Electric | 90.13 Bn | 82.89 Bn | 2.66 Bn | 10.94% |
| 8 | 3M | 83.49 Bn | 64.94 Bn | 2.68 Bn | 22.67% |
| 9 | Illinois Tool Works | 74.89 Bn | 71.45 Bn | 1.90 Bn | 27.10% |
| 10 | Mind Technology | 40.99 Mn | -31.01 Mn | 2.09 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2023 | -10.46% |
| Apr 30, 2023 | -14.03% |
| Jan 31, 2022 | -52.62% |
| Oct 31, 2021 | -49.57% |
| Jul 31, 2021 | -48.82% |
| Apr 30, 2021 | -44.89% |
| Jan 31, 2021 | -44.90% |
| Oct 31, 2020 | -35.08% |
| Jan 31, 2018 | -28.98% |
| Jan 31, 2017 | -33.53% |
| Oct 31, 2016 | -32.15% |
| Jul 31, 2016 | -27.83% |
| Apr 30, 2016 | -26.28% |
| Jan 31, 2016 | -19.72% |
| Oct 31, 2015 | -12.58% |
| Jul 31, 2015 | -8.36% |
| Apr 30, 2015 | -6.21% |
| Jan 31, 2015 | -3.30% |
| Oct 31, 2014 | 1.11% |
| Jul 31, 2014 | 0.27% |
Mind Technology 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=MIND&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "MIND", "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=MIND&period=max&api_key=YOUR_API_KEY");
const data = await res.json();