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.
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.
Ikoma TechnologiesBOM:531997 -5.00%22 ROC (Joel Greenblatt) % is -2.61% as of Mar. 2026. GuruFocus rates BOM:531997 with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 2,820 Software companies, Ikoma Technologies ranks worse than 59.65% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Ikoma Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.61%.
The historical rank and industry rank for Ikoma Technologies's ROC (Joel Greenblatt) % or its related term are showing as below:
BOM:531997'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 3.13 Med: 22.35 Max: 83.34
Current: 3.19
During the past 11 years, Ikoma Technologies's highest ROC (Joel Greenblatt) % was 83.34%. The lowest was 3.13%. And the median was 22.35%.
BOM:531997's ROC (Joel Greenblatt) % is ranked worse than 59.65% of 2820
companies
in the Software industry
Industry Median: 19.52
vs BOM:531997: 3.19
Ikoma Technologies's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Ikoma Technologies ROC (Joel Greenblatt) % Related Terms
Ikoma Technologies ROC (Joel Greenblatt) % Historical Data
* Premium members only.
The historical data trend for Ikoma Technologies's ROC (Joel Greenblatt) % 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.
BOM:531997 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison
For the Information Technology Services subindustry, Ikoma Technologies's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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.
Ikoma Technologies ROC (Joel Greenblatt) % vs Software Industry
For the Software industry and Technology sector, Ikoma Technologies's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ikoma Technologies's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.
* 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 ROC (Joel Greenblatt) % of -2.61% mean?
Ikoma Technologies (BOM:531997) has a ROC (Joel Greenblatt) % of -2.61% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ikoma Technologies and its competitors. Over the past decade, Ikoma Technologies' ROC (Joel Greenblatt) % has ranged from 3.13 to 83.34. According to the industry distribution chart, Ikoma Technologies ranks #1682 out of 2820 companies in the Software industry, placing it in the top 59.6%.
Is Ikoma Technologies' ROC (Joel Greenblatt) % too high?
Ikoma Technologies' current ROC (Joel Greenblatt) % is -2.61%. Over the past 10 years, this metric has ranged from a low of 3.13 to a high of 83.34. Based on the distribution chart, Ikoma Technologies ranks #1682 out of 2820 companies in the Software industry, which is below the industry midpoint. Overall, Ikoma Technologies has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Ikoma Technologies' ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, Ikoma Technologies ranks #1682 out of 2820 companies for ROC (Joel Greenblatt) %. This places Ikoma Technologies in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 19.52. Historically, Ikoma Technologies' own ROC (Joel Greenblatt) % has ranged from 3.13 to 83.34 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Software company?
The median ROC (Joel Greenblatt) % among Software companies is 19.52, based on 2,820 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Ikoma Technologies and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 19.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ikoma Technologies's current ROC (Joel Greenblatt) % is -2.61%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ikoma Technologies stock overvalued right now?
Ikoma Technologies (BOM:531997) has a current ROC (Joel Greenblatt) % of -2.61%. The current ROC (Joel Greenblatt) % is -2.61%. Ikoma Technologies' overall GF Score™ is 22/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Ikoma Technologies (BOM:531997), the current ROC (Joel Greenblatt) % is -2.61% as of Mar. 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.
Ikoma Technologies Ltd Formerly Vuenow Infratech Ltd operates as an IT Infrastructure as a Service (ITaaS) provider specializing in designing, building, and operating cloud-enabled edge data centers. The company offers colocation, network management, and data center leasing services aimed at delivering low-latency processing by locating data centers close to the data source. Recently, Vuenow expanded its activities into infrastructure by taking on a road construction project for National Highway 45C in Tamil Nadu, adding to its portfolio of services. The company's operations are prominently in Maharashtra, Rajasthan, Tamil Nadu, Uttar Pradesh, Himachal Pradesh, Goa, Madhya Pradesh, and Chhattisgarh. Revenue is generated through its IT infrastructure services, data center leasing.
22GF Score
Get the complete analysis for BOM:531997
ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BOM:531997 has been successfully added to your 
