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. Ingram Micro Bilisim Sistemleri AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.01%.
The historical rank and industry rank for Ingram Micro Bilisim Sistemleri AS's ROC (Joel Greenblatt) % or its related term are showing as below:
IST:INGRM'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 4.77 Med: 13.04 Max: 15.12
Current: 4.77
During the past 13 years, Ingram Micro Bilisim Sistemleri AS's highest ROC (Joel Greenblatt) % was 15.12%. The lowest was 4.77%. And the median was 13.04%.
IST:INGRM's ROC (Joel Greenblatt) % is ranked worse than 61.32% of 2487
companies
in the Hardware industry
Industry Median: 10.44
vs IST:INGRM: 4.77
Ingram Micro Bilisim Sistemleri AS (IST:INGRM) ROC (Joel Greenblatt) % Explanation
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.
* 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.
Ingram Micro Bilisim Sistemleri AS ROC (Joel Greenblatt) % Chart
IST:INGRM vs SNX, ARW, AVT: ROC (Joel Greenblatt) % Comparison
For the Electronics & Computer Distribution subindustry, Ingram Micro Bilisim Sistemleri AS'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.
Ingram Micro Bilisim Sistemleri AS ROC (Joel Greenblatt) % vs Hardware Industry
For the Hardware industry and Technology sector, Ingram Micro Bilisim Sistemleri AS's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Ingram Micro Bilisim Sistemleri AS's ROC (Joel Greenblatt) % falls into.
Ingram Micro Bilisim Sistemleri AS ROC (Joel Greenblatt) % Calculation
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 8.01% mean?
Ingram Micro Bilisim Sistemleri AS (IST:INGRM) has a ROC (Joel Greenblatt) % of 8.01% 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 Ingram Micro Bilisim Sistemleri AS and its competitors. This is 39% below median its historical median of 13.04. Over the past decade, Ingram Micro Bilisim Sistemleri AS's ROC (Joel Greenblatt) % has ranged from 4.77 to 15.12. According to the industry distribution chart, Ingram Micro Bilisim Sistemleri AS ranks #1525 out of 2487 companies in the Hardware industry, placing it in the top 61.3%.
Is Ingram Micro Bilisim Sistemleri AS's ROC (Joel Greenblatt) % too high?
Ingram Micro Bilisim Sistemleri AS's current ROC (Joel Greenblatt) % of 8.01% is 39% below median its 10-year median of 13.04. Over the past 10 years, this metric has ranged from a low of 4.77 to a high of 15.12. The Hardware industry median ROC (Joel Greenblatt) % is 10.44. Ingram Micro Bilisim Sistemleri AS's value of 8.01% is 23.3% below this industry median. Based on the distribution chart, Ingram Micro Bilisim Sistemleri AS ranks #1525 out of 2487 companies in the Hardware industry, which is below the industry midpoint. Overall, Ingram Micro Bilisim Sistemleri AS has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ingram Micro Bilisim Sistemleri AS's ROC (Joel Greenblatt) % compare to SNX and ARW?
According to the Hardware industry distribution chart, Ingram Micro Bilisim Sistemleri AS ranks #1525 out of 2487 companies for ROC (Joel Greenblatt) %. This places Ingram Micro Bilisim Sistemleri AS in the lower half of its industry. The industry median ROC (Joel Greenblatt) % is 10.44. Ingram Micro Bilisim Sistemleri AS's value of 8.01% is 23.3% below this benchmark. Historically, Ingram Micro Bilisim Sistemleri AS's own ROC (Joel Greenblatt) % has ranged from 4.77 to 15.12 over the past decade. While the company's 10-year median is 13.04 vs. the industry median of 10.44, Ingram Micro Bilisim Sistemleri AS has consistently been below the industry average. 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 Hardware company?
The median ROC (Joel Greenblatt) % among Hardware companies is 10.44, based on 2,487 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. Ingram Micro Bilisim Sistemleri AS's current ROC (Joel Greenblatt) % of 8.01% is 23.3% below 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 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 Ingram Micro Bilisim Sistemleri AS and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ingram Micro Bilisim Sistemleri AS's current ROC (Joel Greenblatt) % is 8.01%, which is 39% below median its own 10-year median of 13.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ingram Micro Bilisim Sistemleri AS stock overvalued right now?
Based on GuruFocus' analysis, Ingram Micro Bilisim Sistemleri AS (IST:INGRM) is currently considered Possible Value Trap. The stock's GF Value™ is ₺791.41, compared to a current price of ₺458.25 — trading 42.1% below its estimated fair value. The current ROC (Joel Greenblatt) % is 8.01%, which is 39% below median its 10-year median of 13.04 and 23.3% below the Hardware industry median of 10.44. Ingram Micro Bilisim Sistemleri AS's overall GF Score™ is 52/100 with 9 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 Ingram Micro Bilisim Sistemleri AS (IST:INGRM), the current ROC (Joel Greenblatt) % is 8.01% 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.
Is Ingram Micro Bilisim Sistemleri AS (IST:INGRM) Overvalued in 2026?
Based on GuruFocus' analysis, Ingram Micro Bilisim Sistemleri AS stock appears to be undervalued.
The current stock price of ₺458.25 is trading 42.1% below its estimated GF Value™ of ₺791.41.
GuruFocus considers Ingram Micro Bilisim Sistemleri AS to be Possible Value Trap.
Key valuation signals for IST:INGRM:
ROC (Joel Greenblatt) %: 8.01% (39% below median its 10-year median of 13.04)
GF Value™: ₺791.41 vs. price of ₺458.25 (42.1% below fair value)
Industry Position: 23.3% below the Hardware median (#1525 of 2487)
No single metric tells the full story. See the IST:INGRM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ingram Micro Bilisim Sistemleri AS Business Description
Ingram Micro Bilisim Sistemleri AS is a Turkey-based distribution company active in the information technology sector. It engages in the distribution of value-added products in the field of information technology. Its products include computers, servers, storage, virtualization, security computer networking, industrial portable terminals, barcode readers, mobile products, and original equipment manufacturer products.
52GF Score
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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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