Infortrend Technology (TPE:2495) ROC (Joel Greenblatt) %: 78.65% (As of Dec. 2025) — 226% Above Median

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.

TPE:2495 Infortrend Technology Inc TPE:2495
63 GF Score
Price NT$36.65
GF Value NT$20.39
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Infortrend Technology ROC (Joel Greenblatt) %?

Infortrend Technology TPE:2495 -2.53% 63 ROC (Joel Greenblatt) % is 78.65% as of Dec. 2025, which is 226% above its 10-year median of 24.10. GuruFocus rates TPE:2495 with a GF Score™ of 63/100 and a GF Value™ of NT$20.39 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 2,491 Hardware companies, Infortrend Technology ranks better than 83.62% 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. Infortrend Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 78.65%.

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

TPE:2495' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: -5.26   Med: 24.1   Max: 71.14
Current: 40.29

During the past 13 years, Infortrend Technology's highest ROC (Joel Greenblatt) % was 71.14%. The lowest was -5.26%. And the median was 24.10%.

TPE:2495's ROC (Joel Greenblatt) % is ranked better than
83.62% of 2491 companies
in the Hardware industry
Industry Median: 10.43 vs TPE:2495: 40.29

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


Infortrend Technology  (TPE:2495) 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.


Infortrend Technology ROC (Joel Greenblatt) % Related Terms


Infortrend Technology ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Infortrend Technology'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.

Infortrend Technology ROC (Joel Greenblatt) % Chart

Infortrend Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.63 28.24 31.63 71.14 37.14

Infortrend Technology Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 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 Premium Member Only Premium Member Only Premium Member Only 49.77 44.67 -87.79 115.39 78.65

TPE:2495 vs DELL, ANET, SNDK: ROC (Joel Greenblatt) % Comparison

For the Computer Hardware subindustry, Infortrend Technology'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.


Infortrend Technology ROC (Joel Greenblatt) % vs Hardware Industry

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

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


TPE:2495
63GF Score
Infortrend Technology Inc TPE:2495
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Infortrend Technology 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: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(168.868 + 484.331 + 37.567999999999) - (232.264 + 0 + 25.553)
=432.95

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(175.439 + 534.176 + 26.759) - (281.598 + 0 + 37.713)
=417.063

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Infortrend Technology 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: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=793.16/( ( (580.157 + max(432.95, 0)) + (586.865 + max(417.063, 0)) )/ 2 )
=793.16/( ( 1013.107 + 1003.928 )/ 2 )
=793.16/1008.5175
=78.65 %

Note: The EBIT data used here is four times the quarterly (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 78.65% mean?
Infortrend Technology (TPE:2495) has a ROC (Joel Greenblatt) % of 78.65% 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 Infortrend Technology and its competitors. This is 226% above median its historical median of 24.10. According to the industry distribution chart, Infortrend Technology ranks #408 out of 2491 companies in the Hardware industry, placing it in the top 16.4%.
Is Infortrend Technology's ROC (Joel Greenblatt) % too high?
Infortrend Technology's current ROC (Joel Greenblatt) % of 78.65% is 226% above median its 10-year median of 24.10. The Hardware industry median ROC (Joel Greenblatt) % is 10.43. Infortrend Technology's value of 78.65% is 654.1% above this industry median. Based on the distribution chart, Infortrend Technology ranks #408 out of 2491 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Infortrend Technology has a GF Score™ of 63/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Infortrend Technology's ROC (Joel Greenblatt) % compare to DELL and ANET?
According to the Hardware industry distribution chart, Infortrend Technology ranks #408 out of 2491 companies for ROC (Joel Greenblatt) %. This places Infortrend Technology in the top 16% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 10.43. Infortrend Technology's value of 78.65% is 654.1% above this benchmark. While the company's 10-year median is 24.10 vs. the industry median of 10.43, Infortrend Technology 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 10.43, based on 2,491 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. Infortrend Technology's current ROC (Joel Greenblatt) % of 78.65% is 654.1% 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 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 Infortrend Technology and its competitors. For the Hardware industry, the median ROC (Joel Greenblatt) % is 10.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Infortrend Technology's current ROC (Joel Greenblatt) % is 78.65%, which is 226% above median its own 10-year median of 24.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Infortrend Technology stock overvalued right now?
Based on GuruFocus' analysis, Infortrend Technology (TPE:2495) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$20.39, compared to a current price of NT$36.65 — trading 79.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 78.65%, which is 226% above median its 10-year median of 24.10 and 654.1% above the Hardware industry median of 10.43. Infortrend Technology's overall GF Score™ is 63/100 with 7 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 Infortrend Technology (TPE:2495), the current ROC (Joel Greenblatt) % is 78.65% 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 Infortrend Technology (TPE:2495) Overvalued in 2026?

Based on GuruFocus' analysis, Infortrend Technology stock appears to be overvalued. The current stock price of NT$36.65 is trading 79.7% above its estimated GF Value™ of NT$20.39. GuruFocus considers Infortrend Technology to be Significantly Overvalued.

Key valuation signals for TPE:2495:

  • ROC (Joel Greenblatt) %: 78.65% (226% above median its 10-year median of 24.10)
  • GF Value™: NT$20.39 vs. price of NT$36.65 (79.7% above fair value)
  • GF Score™: 63/100 with 7 warning signs
  • Industry Position: 654.1% above the Hardware median (#408 of 2491)

No single metric tells the full story. See the TPE:2495 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Infortrend Technology Business Description

Address Zhongshan Road, 8th Floor, No.102, Section 3, Zhonghe district, New Taipei, TWN, 235010
Infortrend Technology Inc is engaged in research and development, manufacturing, and trading business of all kinds of computer peripherals (RAID storage systems). Its products include Scale-out NAS, All-Flash Storage, Hybrid Cloud Storage, Enterprise-class Unified Storage, Shared Media Storage for SMB, Rackmount & Desktop SATA NAS, SAN Storage, Storage Server, Expansion Enclosure, and EonOne for CS. The company generates a majority of its revenue from Japan and the rest from Europe, China, the USA, Taiwan, the Middle East, and other countries.
63GF Score

Get the complete analysis for TPE:2495

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

NT$36.65
Price
NT$20.39
GF Value