Jetwell Computer Co (ROCO:3147) Owner Earnings per Share (TTM): 60.37 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:3147 Jetwell Computer Co Ltd ROCO:3147
82 GF Score
Price NT$221.50
GF Value NT$332.70
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Jetwell Computer Co Owner Earnings per Share (TTM)?

Jetwell Computer Co ROCO:3147 -0.89% 82 Owner Earnings per Share (TTM) is 60.37 as of Jun. 2026. GuruFocus rates ROCO:3147 with a GF Score™ of 82/100 and a GF Value™ of NT$332.70 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,195 Software companies, Jetwell Computer Co ranks better than 93.22% on this metric.

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

Jetwell Computer Co's Owner Earnings per Share (TTM) ended in Jun. 2026 was NT$60.37. It's Price-to-Owner-Earnings ratio for today is 3.67.


The historical rank and industry rank for Jetwell Computer Co's Owner Earnings per Share (TTM) or its related term are showing as below:

ROCO:3147' s Price-to-Owner-Earnings Range Over the Past 10 Years
Min: 1.41   Med: 8.08   Max: 489.98
Current: 3.7


During the past 13 years, the highest Price-to-Owner-Earnings ratio of Jetwell Computer Co was 489.98. The lowest was 1.41. And the median was 8.08.


ROCO:3147's Price-to-Owner-Earnings is ranked better than
93.22% of 1195 companies
in the Software industry
Industry Median: 18.57 vs ROCO:3147: 3.70

Jetwell Computer Co's Earnings per Share (Diluted) for the three months ended in Jun. 2026 was NT$7.60. Its Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Jun. 2026 was NT$16.08. It's PE Ratio (TTM) ratio for today is 13.78.

Jetwell Computer Co's EPS without NRI for the three months ended in Jun. 2026 was NT$8.55. Its EPS without NRI for the trailing twelve months (TTM) ended in Jun. 2026 was NT$18.10. It's PE Ratio without NRI ratio for today is 12.24.


Be Aware

Assumption: Companies usually do not report maintenance capital expenditures and growth capital expenditures separately. Here we use estimated numbers and average them over 5 years. The method to estimate maintenance capital expenditures can be found in above part 4.

Note: GuruFocus' Change In Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And it includes non-current parts of assets and liabilities.


Jetwell Computer Co Owner Earnings per Share (TTM) Related Terms


Jetwell Computer Co Owner Earnings per Share (TTM) Historical Data

* Premium members only.

The historical data trend for Jetwell Computer Co's Owner Earnings per Share (TTM) 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.

Jetwell Computer Co Owner Earnings per Share (TTM) Chart

Jetwell Computer Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Owner Earnings per Share (TTM)
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.36 -0.98 -1.52 -2.04 11.98

Jetwell Computer Co Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Owner Earnings per Share (TTM) 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 -6.54 10.61 11.98 12.91 60.37

ROCO:3147 vs IBM, ACN, CTSH: Owner Earnings per Share (TTM) Comparison

For the Information Technology Services subindustry, Jetwell Computer Co's Price-to-Owner-Earnings, along with its competitors' market caps and Price-to-Owner-Earnings 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.


Jetwell Computer Co Price-to-Owner-Earnings vs Software Industry

For the Software industry and Technology sector, Jetwell Computer Co's Price-to-Owner-Earnings distribution charts can be found below:

* The bar in red indicates where Jetwell Computer Co's Price-to-Owner-Earnings falls into.


ROCO:3147
82GF Score
Jetwell Computer Co Ltd ROCO:3147
Owner Earnings per Share (TTM) is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Jetwell Computer Co Owner Earnings per Share (TTM) Calculation

In 1986 Berkshire Hathaway Shareholder Letter, Warren Buffett defined owner earnings as follows:

"These represent (a) reported earnings plus (b) depreciation, depletion, amortization, and certain other non-cash charges...less (c) the average annual amount of capitalized expenditures for plant and equipment, etc. that the business requires to fully maintain its long-term competitive position and its unit volume. (If the business requires additional working capital to maintain its competitive position and unit volume, the increment also should be included in (c))...Our owner-earnings equation does not yield the deceptively precise figures provided by GAAP, since (c) must be a guess - and one sometimes very difficult to make. Despite this problem, we consider the owner earnings figure, not the GAAP figure, to be the relevant item for valuation purposes - both for investors in buying stocks and for managers in buying entire businesses...All of this points up the absurdity of the 'cash flow' numbers that are often set forth in Wall Street reports. These numbers routinely include (a) plus (b) - but do not subtract (c)."

To make it simple, then you will have:

Owner Earnings per Share (TTM) = (Net Income + Depreciation, Depletion and Amortization + Change In Deferred Tax - 5Y Average of Maintenance Capital Expenditure + Change In Working Capital) / Shares Outstanding (Diluted Average)

Jetwell Computer Co's Owner Earnings per Share (TTM) Calculation:

TTM / Last Quarter Average of Last 20 Quarters
Net Income 703
Depreciation, Depletion and Amortization 22
Change In Deferred Tax 0
5Y Average of Maintenance Capital Expenditure 33
Change In Working Capital 1,945
Shares Outstanding (Diluted Average) 44

1. Start with "Net Income" from income statement. Jetwell Computer Co's Net Income for the trailing twelve months (TTM) ended in Jun. 2026 was NT$703 Mil.

2. "Depreciation, Depletion and Amortization" is from cashflow statement. Jetwell Computer Co's Depreciation, Depletion and Amortization for the trailing twelve months (TTM) ended in Jun. 2026 was NT$22 Mil. This needs to be added back because company does not actually need to pay cash for it. It is a non-cash item.

3. Other non-cash charges usually include "Stock Based Compensation" and "Change In Deferred Tax":
However, to be conservative, GuruFocus will not add Stock Based Compensation back to net income. Jetwell Computer Co's Change In Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 was NT$0 Mil.

4. Average maintenance capital expenditure over a business/industry cycle: 5-Year Average Maintenance Capital Expenditure = NT$33 Mil

It is usually best to take a long-term average of maintenance capital expenditure. Ideally this would be as long as 10 years and include at least one economic downturn. However, since many companies do not have as long as 10-year history, here GuruFocus uses the latest 5 years data to do the calculation. To smooth out unusual years but reflect recent developments, we take an average of the 5 year maintenance capital expenditure.

The following shows how to get maintenance capital expenditure.

First, calculate the revenue change regarding to the previous quarter. If the revenue decreased from the previous quarter, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
Second, if the revenue increased from the previous quarter, then calculate the percentage of Net PPE as of corresponding Revenue.
Growth Capital Expenditure = Percentage of Property, Plant and Equipment as of corresponding Revenue * Revenue Increase
Third, calculate Capital Expenditure (positive) - Growth Capital Expenditure.
If [Capital Expenditure (positive) - Growth Capital Expenditure] was negative, then the Maintenance Capital Expenditure = Capital Expenditure (positive).
If [Capital Expenditure (positive) - Growth Capital Expenditure] was positive, then the Maintenance Capital Expenditure = Capital Expenditure (positive) - Growth Capital Expenditure.
Fourth, get the average of the 5 years maintenance capital expenditure.

Jetwell Computer Co's 5-Year Average Maintenance Capital Expenditure = NT$33 Mil

5. "Change In Working Capital" is from cashflow statement. Jetwell Computer Co's Change In Working Capital for the trailing twelve months (TTM) ended in Jun. 2026 was NT$1,945 Mil.
Note: GuruFocus' Change in Working Capital is provided by Morningstar. It is calculated by adding the items under "Change in operating assets and liabilities" (may refer to a different name for different company) section in Cash Flow Statement from original financial report. And sometimes it includes non-current parts of assets and liabilities.

6. Jetwell Computer Co's Shares Outstanding (Diluted Average) for the months ended in Jun. 2026 was 43.676 Mil.

Jetwell Computer Co's Onwer Earnings Per Share for Jun. 2026 is calculated as:

Owner Earnings per Share (TTM)
=( Net Income+Depreciation, Depletion and Amortization+Change In Deferred Tax
=( 702.925 +21.714+0
-5Y Avg of Maintenance CAPEX+Change In Working Capital )/Shares Outstanding (Diluted Average)
-33.284974875978+1945.496)/43.676
=60.37

Price-to-Owner-Earnings=Current Price/Owner Earnings per Share (TTM)
=221.50/60.37
=3.67

* 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.

What does a Owner Earnings per Share (TTM) of 60.37 mean?
Jetwell Computer Co (ROCO:3147) has a Owner Earnings per Share (TTM) of 60.37 as of Jun. 2026. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Jetwell Computer Co. According to the industry distribution chart, Jetwell Computer Co ranks #81 out of 1195 companies in the Software industry, placing it in the top 6.8%.
Is Jetwell Computer Co's Owner Earnings per Share (TTM) too high?
Jetwell Computer Co's current Owner Earnings per Share (TTM) is 60.37. The Software industry median Owner Earnings per Share (TTM) is 18.57. Jetwell Computer Co's value of 60.37 is 225.1% above this industry median. Based on the distribution chart, Jetwell Computer Co ranks #81 out of 1195 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Jetwell Computer Co has a GF Score™ of 82/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Jetwell Computer Co's Owner Earnings per Share (TTM) compare to IBM and ACN?
According to the Software industry distribution chart, Jetwell Computer Co ranks #81 out of 1195 companies for Owner Earnings per Share (TTM). This places Jetwell Computer Co in the top 7% of its industry — outperforming the majority of peers. The industry median Owner Earnings per Share (TTM) is 18.57. Jetwell Computer Co's value of 60.37 is 225.1% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Owner Earnings per Share (TTM) for a Software company?
The median Owner Earnings per Share (TTM) among Software companies is 18.57, based on 1,195 companies in the industry. Companies in the top quartile (top 25%) have a Owner Earnings per Share (TTM) significantly above this median, while those in the bottom quartile fall well below. However, Owner Earnings per Share (TTM) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Jetwell Computer Co's current Owner Earnings per Share (TTM) of 60.37 is 225.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Owner Earnings per Share (TTM) mean?
A high Owner Earnings per Share (TTM) can signal that a stock is expensive relative to its fundamentals. Warren Buffett defined owner earnings as reported earnings plus depreciation less average maintenance capital expenditure. View historical data on Jetwell Computer Co. For the Software industry, the median Owner Earnings per Share (TTM) is 18.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Jetwell Computer Co's current Owner Earnings per Share (TTM) is 60.37. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Jetwell Computer Co stock overvalued right now?
Based on GuruFocus' analysis, Jetwell Computer Co (ROCO:3147) is currently considered Significantly Undervalued. The stock's GF Value™ is NT$332.70, compared to a current price of NT$221.50 — trading 33.4% below its estimated fair value. The current Owner Earnings per Share (TTM) is 60.37 and 225.1% above the Software industry median of 18.57. Jetwell Computer Co's overall GF Score™ is 82/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Owner Earnings per Share (TTM) calculated?
Owner Earnings per Share (TTM) is calculated from a company's financial statements. For Jetwell Computer Co (ROCO:3147), the current Owner Earnings per Share (TTM) is 60.37 as of Jun. 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 Jetwell Computer Co (ROCO:3147) Overvalued in 2026?

Based on GuruFocus' analysis, Jetwell Computer Co stock appears to be undervalued. The current stock price of NT$221.50 is trading 33.4% below its estimated GF Value™ of NT$332.70. GuruFocus considers Jetwell Computer Co to be Significantly Undervalued.

Key valuation signals for ROCO:3147:

  • Owner Earnings per Share (TTM): 60.37
  • GF Value™: NT$332.70 vs. price of NT$221.50 (33.4% below fair value)
  • GF Score™: 82/100 with 1 warning sign
  • Industry Position: 225.1% above the Software median (#81 of 1195)

No single metric tells the full story. See the ROCO:3147 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Jetwell Computer Co Business Description

Address No. 502, Jiuru 1st Road, Sanmin District, Kaohsiung, TWN, 807404
Jetwell Computer Co Ltd is a Taiwan-based IT Infrastructure and integration services company involved in providing PC and software-related products. The company's business projects include computer and peripheral equipment, data storage media and object machine manufacturing, machinery and computer equipment installation, telecommunications engineering, information software services, and information software wholesale business. The company geographically operates in: Taiwan, China, and Others, of which Taiwan derives maximum revenue. It also generates majority revenue from sale of goods agreement.
82GF Score

Get the complete analysis for ROCO:3147

Owner Earnings per Share (TTM) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

NT$221.50
Price
NT$332.70
GF Value