International Integrated Systems (TPE:6614) ROC (Joel Greenblatt) %: 193.73% (As of Dec. 2025) — 147% Above Median

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TPE:6614 International Integrated Systems Inc TPE:6614
18 GF Score
Price NT$36.85
! 4 Warning Signs
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What is International Integrated Systems ROC (Joel Greenblatt) %?

International Integrated Systems TPE:6614 +1.52% 18 ROC (Joel Greenblatt) % is 193.73% as of Dec. 2025, which is 147% above its 10-year median of 78.32. GuruFocus rates TPE:6614 with a GF Score™ of 18/100. The stock has 4 warning signs investors should review. Among 2,818 Software companies, International Integrated Systems ranks better than 68.56% 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. International Integrated Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 193.73%.

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

TPE:6614' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 44.66   Med: 78.32   Max: 192.21
Current: 78.35

During the past 5 years, International Integrated Systems's highest ROC (Joel Greenblatt) % was 192.21%. The lowest was 44.66%. And the median was 78.32%.

TPE:6614's ROC (Joel Greenblatt) % is ranked better than
68.56% of 2818 companies
in the Software industry
Industry Median: 20.03 vs TPE:6614: 78.35

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


International Integrated Systems  (TPE:6614) 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.


International Integrated Systems ROC (Joel Greenblatt) % Related Terms


International Integrated Systems ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for International Integrated Systems'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.

International Integrated Systems ROC (Joel Greenblatt) % Chart

International Integrated Systems Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
162.46 192.21 78.32 44.66 76.13

International Integrated Systems Quarterly Data
Dec21 Dec22 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 196.14 -48.68 105.55 75.87 193.73

TPE:6614 vs IBM, ACN, FISV: ROC (Joel Greenblatt) % Comparison

For the Information Technology Services subindustry, International Integrated Systems'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.


International Integrated Systems ROC (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, International Integrated Systems's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where International Integrated Systems's ROC (Joel Greenblatt) % falls into.


TPE:6614
18GF Score
International Integrated Systems Inc TPE:6614
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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International Integrated Systems 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)
=(414.278 + 453.753 + 308.43) - (1231.669 + 0 + 504.692)
=-559.9

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(591.811 + 394.225 + 259.204) - (1380.557 + 0 + 564.797)
=-700.114

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of International Integrated Systems 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 )
=467.504/( ( (232.597 + max(-559.9, 0)) + (250.04 + max(-700.114, 0)) )/ 2 )
=467.504/( ( 232.597 + 250.04 )/ 2 )
=467.504/241.3185
=193.73 %

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 193.73% mean?
International Integrated Systems (TPE:6614) has a ROC (Joel Greenblatt) % of 193.73% 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 International Integrated Systems and its competitors. This is 147% above median its historical median of 78.32. Over the past decade, International Integrated Systems' ROC (Joel Greenblatt) % has ranged from 44.66 to 192.21. According to the industry distribution chart, International Integrated Systems ranks #886 out of 2818 companies in the Software industry, placing it in the top 31.4%.
Is International Integrated Systems' ROC (Joel Greenblatt) % too high?
International Integrated Systems' current ROC (Joel Greenblatt) % of 193.73% is 147% above median its 10-year median of 78.32. Over the past 10 years, this metric has ranged from a low of 44.66 to a high of 192.21. The Software industry median ROC (Joel Greenblatt) % is 20.03. International Integrated Systems' value of 193.73% is 867.2% above this industry median. Based on the distribution chart, International Integrated Systems ranks #886 out of 2818 companies in the Software industry, which is above the industry midpoint. Overall, International Integrated Systems has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does International Integrated Systems' ROC (Joel Greenblatt) % compare to IBM and ACN?
According to the Software industry distribution chart, International Integrated Systems ranks #886 out of 2818 companies for ROC (Joel Greenblatt) %. This puts International Integrated Systems in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 20.03. International Integrated Systems' value of 193.73% is 867.2% above this benchmark. Historically, International Integrated Systems' own ROC (Joel Greenblatt) % has ranged from 44.66 to 192.21 over the past decade. While the company's 10-year median is 78.32 vs. the industry median of 20.03, International Integrated Systems 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 Software company?
The median ROC (Joel Greenblatt) % among Software companies is 20.03, based on 2,818 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. International Integrated Systems's current ROC (Joel Greenblatt) % of 193.73% is 867.2% 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 International Integrated Systems and its competitors. For the Software industry, the median ROC (Joel Greenblatt) % is 20.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. International Integrated Systems's current ROC (Joel Greenblatt) % is 193.73%, which is 147% above median its own 10-year median of 78.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is International Integrated Systems stock overvalued right now?
International Integrated Systems (TPE:6614) has a current ROC (Joel Greenblatt) % of 193.73%. The current ROC (Joel Greenblatt) % is 193.73%, which is 147% above median its 10-year median of 78.32 and 867.2% above the Software industry median of 20.03. International Integrated Systems' overall GF Score™ is 18/100 with 4 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 International Integrated Systems (TPE:6614), the current ROC (Joel Greenblatt) % is 193.73% 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.

International Integrated Systems Business Description

Address Xianmin Boulevard, 6th Floor, N0. 7, Sec. 2, Banqiao District, New Taipei City, TWN, 22041
International Integrated Systems Inc is an information and communication technology company. The company is engaged in system implementation and software development. The services provided by the company are Applications Development, Outsourcing and Globalization Services, Security Management and Consulting Services, Systems Integration and IT Maintenance Services, Business Solution Distribution, and others. The company has two operating segments namely, Project contracts and services and Software and hardware.
18GF Score

Get the complete analysis for TPE:6614

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

NT$36.85
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