2CRSI (TCSIF) ROC (Joel Greenblatt) %: 102.57% (As of Dec. 2025) — 1171% Above Median


TCSIF 2CRSI SA TCSIF
72 GF Score
Price $12.25
GF Value $2.18
! 3 Warning Signs
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What is 2CRSI ROC (Joel Greenblatt) %?

2CRSI TCSIF 72 ROC (Joel Greenblatt) % is 102.57% as of Dec. 2025, which is 1171% above its 10-year median of 8.07. GuruFocus rates TCSIF with a GF Score™ of 72/100 and a GF Value™ of $2.18. The stock has 3 warning signs investors should review. Among 2,487 Hardware companies, 2CRSI ranks better than 90.55% 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. 2CRSI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 102.57%.

The historical rank and industry rank for 2CRSI's ROC (Joel Greenblatt) % or its related term are showing as below:

TCSIF' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -17.76   Med: 8.07   Max: 63.56
Current: 63.56

During the past 7 years, 2CRSI's highest ROC (Joel Greenblatt) % was 63.56%. The lowest was -17.76%. And the median was 8.07%.

TCSIF's ROC (Joel Greenblatt) % is ranked better than
90.55% of 2487 companies
in the Hardware industry
Industry Median: 10.44 vs TCSIF: 63.56

2CRSI's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 0.00% per year.


2CRSI  (OTCPK:TCSIF) 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.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


2CRSI ROC (Joel Greenblatt) % Related Terms


2CRSI ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for 2CRSI'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.

2CRSI ROC (Joel Greenblatt) % Chart

2CRSI Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Feb21 Feb22 Feb23
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial 40.21 16.46 -4.04 3.31 -17.10

2CRSI Semi-Annual Data
Dec15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Dec24 Jun25 Dec25
ROC (Joel Greenblatt) % 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 -21.36 -12.45 46.12 6.93 102.57

TCSIF vs SNDK, DELL, STX: ROC (Joel Greenblatt) % Comparison

For the Computer Hardware subindustry, 2CRSI'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.


2CRSI ROC (Joel Greenblatt) % vs Hardware Industry

For the Hardware industry and Technology sector, 2CRSI's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where 2CRSI's ROC (Joel Greenblatt) % falls into.


TCSIF
72GF Score
2CRSI SA TCSIF
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

2CRSI 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:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

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.

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26.442 + 23.152 + 23.496) - (28.354 + 0 + 25.395)
=19.341

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(28.897 + 24.897 + 0.00099999999999056) - (16.973 + 0 + 51.048)
=-14.226

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of 2CRSI for the quarter that ended in Dec. 2025 can be restated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=21.62/( ( (10.969 + max(19.341, 0)) + (11.845 + max(-14.226, 0)) )/ 2 )
=21.62/( ( 30.31 + 11.845 )/ 2 )
=21.62/21.0775
=102.57 %

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) 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 102.57% mean?
2CRSI (TCSIF) has a ROC (Joel Greenblatt) % of 102.57% as of Dec. 2025. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on 2CRSI and its competitors. This is 1171% above median its historical median of 8.07. According to the industry distribution chart, 2CRSI ranks #235 out of 2487 companies in the Hardware industry, placing it in the top 9.4%.
Is 2CRSI's ROC (Joel Greenblatt) % too high?
2CRSI's current ROC (Joel Greenblatt) % of 102.57% is 1171% above median its 10-year median of 8.07. The Hardware industry median ROC (Joel Greenblatt) % is 10.44. 2CRSI's value of 102.57% is 882.5% above this industry median. Based on the distribution chart, 2CRSI ranks #235 out of 2487 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, 2CRSI has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does 2CRSI's ROC (Joel Greenblatt) % compare to SNDK and DELL?
According to the Hardware industry distribution chart, 2CRSI ranks #235 out of 2487 companies for ROC (Joel Greenblatt) %. This places 2CRSI in the top 9% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.44. 2CRSI's value of 102.57% is 882.5% above this benchmark. While the company's 10-year median is 8.07 vs. the industry median of 10.44, 2CRSI has consistently been above 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. 2CRSI's current ROC (Joel Greenblatt) % of 102.57% is 882.5% 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 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 2CRSI 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. 2CRSI's current ROC (Joel Greenblatt) % is 102.57%, which is 1171% above median its own 10-year median of 8.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2CRSI stock overvalued right now?
2CRSI (TCSIF) has a current ROC (Joel Greenblatt) % of 102.57%. The stock's GF Value™ is $2.18, compared to a current price of $12.25 — trading 461.9% above its estimated fair value. The current ROC (Joel Greenblatt) % is 102.57%, which is 1171% above median its 10-year median of 8.07 and 882.5% above the Hardware industry median of 10.44. 2CRSI's overall GF Score™ is 72/100 with 3 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 2CRSI (TCSIF), the current ROC (Joel Greenblatt) % is 102.57% as of Dec. 2025. 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 2CRSI (TCSIF) Overvalued in 2026?

Based on GuruFocus' analysis, 2CRSI stock appears to be overvalued. The current stock price of $12.25 is trading 461.9% above its estimated GF Value™ of $2.18.

Key valuation signals for TCSIF:

  • ROC (Joel Greenblatt) %: 102.57% (1171% above median its 10-year median of 8.07)
  • GF Value™: $2.18 vs. price of $12.25 (461.9% above fair value)
  • GF Score™: 72/100 with 3 warning signs
  • Industry Position: 882.5% above the Hardware median (#235 of 2487)

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


2CRSI Business Description

Other Exchanges AL2SI:France52C:Germany
Address 32 rue Jacobi-Netter, Strasbourg, FRA, 67200
2CRSI SA is engaged in researching, designing and manufacturing servers and IT solutions. The company offers expertise in storage solutions, intensive computing, dedicated servers, converged systems and appliances.
72GF Score

Get the complete analysis for TCSIF

ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.25
Price
$2.18
GF Value