Techne Corporation (TECH)
Techne Corporation Return on Invested Capital: 19.01%
View TECH Return on Invested Capital with YCharts Pro.
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TECH Return on Invested Capital Rankings
| Overall | 89th percentile | 434 of 4160 |
| Sector | 86th percentile | 65 of 482 in Healthcare |
| Industry | 91st percentile | 6 of 71 in Medical Appliances & Equipment |
TECH Return on Invested Capital Range, Past 5 Years
| Minimum | 19.01% | Mar 2012 |
| Maximum | 23.38% | Dec 2008 |
| Average | 21.89% |
About Return on Invested Capital (ROIC)
ROIC is an acronym for "Return on Invested Capital", and it is a concept that doesn't have a fixed definition. In YCharts, it is the net income that a company earned as a percentage of all of the capital given to a company by shareholders and debt holders. It is a ratio that tries to answer the question: "If I gave $1 to this company, how much money could the company earn by investing that $1?" A ROIC of 5% means that the company can return $0.05 per dollar invested.
ROIC is often considered a more reasonable estimate of managerial performance than Return on Equity (ROE) because it takes into account investments by debt holders, which should be invested to increase net income.
It is also more reasonable than Return on Assets (ROA) because it only assumes that capital which was "invested" into the company can be used to earn income.
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TECH News
about 4 days ago by abubnic
about 22 days ago by gtlackey
May 01, 7:00AM PR Newswire
Jan 31, 7:00AM PR Newswire
about 215 days ago by Inside_bar
about 217 days ago by DynamicDividend
about 286 days ago by 1nvestor
about 345 days ago by tradewithpete
about 389 days ago by canarionyc
about 393 days ago by canarionyc
about 393 days ago by canarionyc
about 508 days ago by tea650
about 584 days ago by Sangluccitrades
about 592 days ago by Head_Scratcher
about 616 days ago by drakoncapital
about 626 days ago by The20YM
about 719 days ago by mckra1g
about 741 days ago by ToddinFL
about 778 days ago by EquityClock
about 855 days ago by rfurlan
about 858 days ago by zippertheory
about 872 days ago by themeatbaron
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| TECH | 66.42 | -1.44 | -2.12% | 2.501B |
| TECD | 47.17 | -0.44 | -0.92% | 1.966B |
| TEAR | 3.02 | -0.22 | -6.79% | 66.16M |
| TEA | 13.04 | -0.24 | -1.81% | 508.76M |
| TE | 17.19 | -0.21 | -1.21% | 3.755B |
| TDY | 57.17 | -2.41 | -4.04% | 2.187B |
| TDW | 44.47 | -0.61 | -1.35% | 2.306B |
| TDS.S | 26.92 | +0.07 | +0.26% | |
| TDS | 19.44 | -0.41 | -2.07% | 2.153B |
| TDD | 21.62 | -0.01 | -0.05% |