iOCO (JSE:IOC) Enterprise Value: R2,203 Mil (As of Jun. 30, 2026) ***


JSE:IOC iOCO Ltd JSE:IOC
49 GF Score
Price R4.00
GF Value R2.07
Valuation Significantly Overvalued
! 2 Warning Signs
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What is iOCO Enterprise Value?

iOCO JSE:IOC +1.01% 49 Enterprise Value is R2,203 Mil as of Jun. 30, 2026. GuruFocus rates JSE:IOC with a GF Score™ of 49/100 and a GF Value™ of R2.07 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, iOCO's Enterprise Value is R2,203 Mil. iOCO's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was R382 Mil. Therefore, iOCO's EV-to-EBIT ratio for today is 5.77.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, iOCO's Enterprise Value is R2,203 Mil. iOCO's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was R480 Mil. Therefore, iOCO's EV-to-EBITDA ratio for today is 4.59.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, iOCO's Enterprise Value is R2,203 Mil. iOCO's Revenue for the trailing twelve months (TTM) ended in Jan. 2026 was R5,680 Mil. Therefore, iOCO's EV-to-Revenue ratio for today is 0.39.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, iOCO's Enterprise Value is R2,203 Mil. iOCO's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was R294 Mil. Therefore, iOCO's EV-to-OCF ratio for today is 7.49.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, iOCO's Enterprise Value is R2,203 Mil. iOCO's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was R226 Mil. Therefore, iOCO's EV-to-FCF ratio for today is 9.77.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


iOCO  (JSE:IOC) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

iOCO's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=2203.018/381.946
=5.77

iOCO's current Enterprise Value is R2,203 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. iOCO's EBIT for the trailing twelve months (TTM) ended in Jan. 2026 was R382 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

iOCO's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=2203.018/480.055
=4.59

iOCO's current Enterprise Value is R2,203 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. iOCO's EBITDA for the trailing twelve months (TTM) ended in Jan. 2026 was R480 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

iOCO's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=2203.018/5679.982
=0.39

iOCO's current Enterprise Value is R2,203 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. iOCO's Revenue for the trailing twelve months (TTM) ended in Jan. 2026 was R5,680 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

iOCO's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=2203.018/294.165
=7.49

iOCO's current Enterprise Value is R2,203 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. iOCO's Cash Flow from Operations for the trailing twelve months (TTM) ended in Jan. 2026 was R294 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

iOCO's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=2203.018/225.527
=9.77

iOCO's current Enterprise Value is R2,203 Mil.
For company reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data. iOCO's Free Cash Flow for the trailing twelve months (TTM) ended in Jan. 2026 was R226 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


iOCO Enterprise Value Related Terms


iOCO Enterprise Value Historical Data

* Premium members only.

The historical data trend for iOCO's Enterprise Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

iOCO Enterprise Value Chart

iOCO Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Enterprise Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 444.43 547.15 757.10 714.05 2,322.67

iOCO Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Enterprise Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 468.46 714.05 1,339.73 2,322.67 2,546.35

JSE:IOC vs IBM, ACN, FISV: Enterprise Value Comparison

For the Information Technology Services subindustry, iOCO's Enterprise Value, along with its competitors' market caps and Enterprise Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


iOCO Enterprise Value vs Software Industry

For the Software industry and Technology sector, iOCO's Enterprise Value distribution charts can be found below:

* The bar in red indicates where iOCO's Enterprise Value falls into.


JSE:IOC
49GF Score
iOCO Ltd JSE:IOC
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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iOCO Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

iOCO's Enterprise Value for the fiscal year that ended in Jul. 2025 is calculated as

iOCO's Enterprise Value for the quarter that ended in Jan. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Enterprise Value →
What does a Enterprise Value of R2,203 Mil mean?
iOCO (JSE:IOC) has a Enterprise Value of R2,203 Mil as of Jun. 30, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on iOCO and its competitors.
Is iOCO's Enterprise Value too high?
iOCO's current Enterprise Value is R2,203 Mil. Overall, iOCO has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does iOCO's Enterprise Value compare to IBM and ACN?
iOCO's Enterprise Value of R2,203 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Software company?
A good Enterprise Value depends on the Software industry context. However, Enterprise Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on iOCO and its competitors. iOCO's current Enterprise Value is R2,203 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iOCO stock overvalued right now?
Based on GuruFocus' analysis, iOCO (JSE:IOC) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.07, compared to a current price of R4.00 — trading 93.2% above its estimated fair value. The current Enterprise Value is R2,203 Mil. iOCO's overall GF Score™ is 49/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For iOCO (JSE:IOC), the current Enterprise Value is R2,203 Mil as of Jun. 30, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is iOCO (JSE:IOC) Overvalued in 2026?

Based on GuruFocus' analysis, iOCO stock appears to be overvalued. The current stock price of R4.00 is trading 93.2% above its estimated GF Value™ of R2.07. GuruFocus considers iOCO to be Significantly Overvalued.

Key valuation signals for JSE:IOC:

  • Enterprise Value: R2,203 Mil
  • GF Value™: R2.07 vs. price of R4.00 (93.2% above fair value)
  • GF Score™: 49/100 with 2 warning signs

No single metric tells the full story. See the JSE:IOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


iOCO Business Description

Address 2 Augrabies Road, Waterfall Office Par, Midrand, GT, ZAF, 1685
iOCO Ltd, FormerlyEOH Holdings Ltd is a South Africa-based firm offering IT services, software, IT infrastructure, industrial technologies, and outsourcing services. The company operates through three segments. iOCO segment consists of Digital, infrastructure, connected industrial ecosystem, digital business solutions, EasyHQ, international, and NEXTEC services. The majority of revenue is from Intelligent Technology Solutions.
49GF Score

Get the complete analysis for JSE:IOC

Enterprise Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

R4.00
Price
R2.07
GF Value