IRHO (Iron Horse Acquisitions II) ROC %: -0.96% (As of Feb. 2026)


IRHO Iron Horse Acquisitions II Corp IRHO
15 GF Score
Price $10.06
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What is Iron Horse Acquisitions II ROC %?

Iron Horse Acquisitions II IRHO 15 ROC % is -0.96% as of Feb. 2026. GuruFocus rates IRHO with a GF Score™ of 15/100.

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. Iron Horse Acquisitions II's annualized return on capital (ROC %) for the quarter that ended in Feb. 2026 was -0.96%.

As of today (2026-06-26), Iron Horse Acquisitions II's WACC % is 10.36%. Iron Horse Acquisitions II's ROC % is -0.88% (calculated using TTM income statement data). Iron Horse Acquisitions II earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Iron Horse Acquisitions II  (NAS:IRHO) ROC % Explanation

ROC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROIC %. The reason book values of debt and equity are used is because the book values are the capital the company received when issuing the debt or receiving the equity investments.

There are four key components to this definition. The first is the use of operating income or EBIT rather than net income in the numerator. The second is the tax adjustment to this operating income or EBIT, computed as a hypothetical tax based on an effective or marginal tax rate. The third is the use of book values for invested capital, rather than market values. The final is the timing difference; the capital invested is from the end of the prior year whereas the operating income or EBIT is the current year's number.

Why is ROC % important?

Because it costs money to raise capital. A firm that generates higher returns on investment than it costs the company to raise the capital needed for that investment is earning excess returns. A firm that expects to continue generating positive excess returns on new investments in the future will see its value increase as growth increases, whereas a firm that earns returns that do not match up to its cost of capital will destroy value as it grows.

As of today, Iron Horse Acquisitions II's WACC % is 10.36%. Iron Horse Acquisitions II's ROC % is -0.88% (calculated using TTM income statement data). Iron Horse Acquisitions II earns returns that do not match up to its cost of capital. It will destroy value as it grows.

Be Aware

Like ROE % and ROA %, ROC % is calculated with only 12 months of data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Iron Horse Acquisitions II ROC % Related Terms

Iron Horse Acquisitions II ROC % Historical Data

* Premium members only.

The historical data trend for Iron Horse Acquisitions II's ROC % 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.

Iron Horse Acquisitions II ROC % Chart

Iron Horse Acquisitions II Annual Data
Trend Nov24 Nov25
ROC %
0.00 -60.90

Iron Horse Acquisitions II Quarterly Data
Nov24 Feb25 May25 Aug25 Nov25 Feb26
ROC % Get a 7-Day Free Trial -184.23 -29.77 -68.11 -25.90 -0.96
IRHO
15GF Score
Iron Horse Acquisitions II Corp IRHO
ROC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Iron Horse Acquisitions II ROC % Calculation

Iron Horse Acquisitions II's annualized Return on Capital (ROC %) for the fiscal year that ended in Nov. 2025 is calculated as:

ROC % (A: Nov. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Nov. 2024 ) + Invested Capital (A: Nov. 2025 ))/ count )
=-0.204 * ( 1 - 0% )/( (0.03 + 0.64)/ 2 )
=-0.204/0.335
=-60.90 %

where

Invested Capital(A: Nov. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.015 - 0.001 - ( 0 - max(0, 0.016 - 0+0))
=0.03

Invested Capital(A: Nov. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.365 - 0.238 - ( 0 - max(0, 0.538 - 0.025+0))
=0.64

Iron Horse Acquisitions II's annualized Return on Capital (ROC %) for the quarter that ended in Feb. 2026 is calculated as:

ROC % (Q: Feb. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Nov. 2025 ) + Invested Capital (Q: Feb. 2026 ))/ count )
=-1.112 * ( 1 - 0% )/( (0.64 + 231.529)/ 2 )
=-1.112/116.0845
=-0.96 %

where

Invested Capital(Q: Nov. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=0.365 - 0.238 - ( 0 - max(0, 0.538 - 0.025+0))
=0.64

Invested Capital(Q: Feb. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=232.425 - 0.18 - ( 0.718 - max(0, 0.18 - 0.896+0.718))
=231.529

Note: The Operating Income data used here is four times the quarterly (Feb. 2026) data. The tax rate is limited to between 0% and 100%.

* 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.

Frequently Asked Questions Learn more about ROC % →
What does a ROC % of -0.96% mean?
Iron Horse Acquisitions II (IRHO) has a ROC % of -0.96% as of Feb. 2026. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Iron Horse Acquisitions II and its competitors.
Is Iron Horse Acquisitions II's ROC % too high?
Iron Horse Acquisitions II's current ROC % is -0.96%. Overall, Iron Horse Acquisitions II has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Iron Horse Acquisitions II's ROC % compare to GPAC and SVAQ?
Iron Horse Acquisitions II's ROC % of -0.96% can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC % for a Diversified Financial Services company?
A good ROC % depends on the Diversified Financial Services industry context. However, ROC % 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 % mean?
A high ROC % can signal that a stock is expensive relative to its fundamentals. Return on capital is the ratio of current-period net income to average two-period capital. View historical data on Iron Horse Acquisitions II and its competitors. Iron Horse Acquisitions II's current ROC % is -0.96%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iron Horse Acquisitions II stock overvalued right now?
Iron Horse Acquisitions II (IRHO) has a current ROC % of -0.96%. The current ROC % is -0.96%. Iron Horse Acquisitions II's overall GF Score™ is 15/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC % calculated?
ROC % is calculated from a company's financial statements. For Iron Horse Acquisitions II (IRHO), the current ROC % is -0.96% as of Feb. 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.

Iron Horse Acquisitions II Business Description

Address 851 Broken Sound Parkway Northwest, Suite 230, Boca Raton, FL, USA, 33487
Iron Horse Acquisitions II Corp is a blank check company.
15GF Score

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

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