Fortune Information Systems (TPE:2468) ROIC %: 7.24% (As of Dec. 2025)

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TPE:2468 Fortune Information Systems Corp TPE:2468
85 GF Score
Price NT$38.00
GF Value NT$34.29
Valuation Modestly Overvalued
! 3 Warning Signs
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What is Fortune Information Systems ROIC %?

Fortune Information Systems TPE:2468 +3.83% 85 ROIC % is 7.24% as of Dec. 2025. GuruFocus rates TPE:2468 with a GF Score™ of 85/100 and a GF Value™ of NT$34.29 (Modestly Overvalued). The stock has 3 warning signs investors should review.

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. Fortune Information Systems's annualized return on invested capital (ROIC %) for the quarter that ended in Dec. 2025 was 7.24%.

As of today (2026-07-14), Fortune Information Systems's WACC % is 0.46%. Fortune Information Systems's ROIC % is 5.89% (calculated using TTM income statement data). Fortune Information Systems generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Fortune Information Systems  (TPE:2468) ROIC % Explanation

ROIC % measures how well a company generates cash flow relative to the capital it has invested in its business. It is also called ROC %. 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 ROIC % 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, Fortune Information Systems's WACC % is 0.46%. Fortune Information Systems's ROIC % is 5.89% (calculated using TTM income statement data). Fortune Information Systems generates higher returns on investment than it costs the company to raise the capital needed for that investment. It 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.


Be Aware

Like ROE % and ROA %, ROIC % 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.


Fortune Information Systems ROIC % Related Terms


Fortune Information Systems ROIC % Historical Data

* Premium members only.

The historical data trend for Fortune Information Systems's ROIC % 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.

Fortune Information Systems ROIC % Chart

Fortune Information Systems Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROIC %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 4.60 6.33 5.87 6.59

Fortune Information Systems Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
ROIC % 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 9.25 5.43 4.22 5.89 7.24

TPE:2468 vs IBM, ACN, FISV: ROIC % Comparison

For the Information Technology Services subindustry, Fortune Information Systems's ROIC %, along with its competitors' market caps and ROIC % 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.


Fortune Information Systems ROIC % vs Software Industry

For the Software industry and Technology sector, Fortune Information Systems's ROIC % distribution charts can be found below:

* The bar in red indicates where Fortune Information Systems's ROIC % falls into.


TPE:2468
85GF Score
Fortune Information Systems Corp TPE:2468
ROIC % is just one metric. See GF Score™, valuation, warning signs, and more.
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Fortune Information Systems ROIC % Calculation

Fortune Information Systems's annualized Return on Invested Capital (ROIC %) for the fiscal year that ended in Dec. 2025 is calculated as:

ROIC % (A: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (A: Dec. 2024 ) + Invested Capital (A: Dec. 2025 ))/ count )
=86.165 * ( 1 - 18.85% )/( (805.754 + 1315.587)/ 2 )
=69.9228975/1060.6705
=6.59 %

where

Invested Capital(A: Dec. 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))
=2157.26 - 747.07 - ( 604.436 - max(0, 882.202 - 1627.903+604.436))
=805.754

Invested Capital(A: Dec. 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))
=2391.323 - 793.785 - ( 281.951 - max(0, 1088.958 - 1741.531+281.951))
=1315.587

Fortune Information Systems's annualized Return on Invested Capital (ROIC %) for the quarter that ended in Dec. 2025 is calculated as:

ROIC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=110.988 * ( 1 - 15.13% )/( (1285.785 + 1315.587)/ 2 )
=94.1955156/1300.686
=7.24 %

where

Invested Capital(Q: Sep. 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))
=2365.463 - 787.484 - ( 292.194 - max(0, 1010.814 - 1702.792+292.194))
=1285.785

Invested Capital(Q: Dec. 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))
=2391.323 - 793.785 - ( 281.951 - max(0, 1088.958 - 1741.531+281.951))
=1315.587

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) 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 ROIC % →
What does a ROIC % of 7.24% mean?
Fortune Information Systems (TPE:2468) has a ROIC % of 7.24% as of Dec. 2025. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Fortune Information Systems and its competitors.
Is Fortune Information Systems' ROIC % too high?
Fortune Information Systems' current ROIC % is 7.24%. The Software industry median ROIC % is 3.09. Fortune Information Systems' value of 7.24% is 134.3% above this industry median. Overall, Fortune Information Systems has a GF Score™ of 85/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Fortune Information Systems' ROIC % compare to IBM and ACN?
Fortune Information Systems' ROIC % of 7.24% can be compared against companies in the Software industry. The industry median ROIC % is 3.09. Fortune Information Systems' value of 7.24% is 134.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROIC % for a Software company?
The median ROIC % among Software companies is 3.09, based on 2,829 companies in the industry. Companies in the top quartile (top 25%) have a ROIC % significantly above this median, while those in the bottom quartile fall well below. However, ROIC % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Fortune Information Systems's current ROIC % of 7.24% is 134.3% 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 ROIC % mean?
A high ROIC % can signal that a stock is expensive relative to its fundamentals. Return on invested capital is the ratio of current-period net income to average two-period invested capital. View historical data on Fortune Information Systems and its competitors. For the Software industry, the median ROIC % is 3.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Fortune Information Systems's current ROIC % is 7.24%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fortune Information Systems stock overvalued right now?
Based on GuruFocus' analysis, Fortune Information Systems (TPE:2468) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$34.29, compared to a current price of NT$38.00 — trading 10.8% above its estimated fair value. The current ROIC % is 7.24% and 134.3% above the Software industry median of 3.09. Fortune Information Systems' overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROIC % calculated?
ROIC % is calculated from a company's financial statements. For Fortune Information Systems (TPE:2468), the current ROIC % is 7.24% 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 Fortune Information Systems (TPE:2468) Overvalued in 2026?

Based on GuruFocus' analysis, Fortune Information Systems stock appears to be overvalued. The current stock price of NT$38.00 is trading 10.8% above its estimated GF Value™ of NT$34.29. GuruFocus considers Fortune Information Systems to be Modestly Overvalued.

Key valuation signals for TPE:2468:

  • ROIC %: 7.24%
  • GF Value™: NT$34.29 vs. price of NT$38.00 (10.8% above fair value)
  • GF Score™: 85/100 with 3 warning signs
  • Industry Position: 134.3% above the Software median

No single metric tells the full story. See the TPE:2468 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fortune Information Systems Business Description

Address No. 25, Lane 78, Xingai road, Neihu District, Taipei, TWN, 11494
Fortune Information Systems Corp is engaged in providing system integration services like cloud IT infrastructure, network management and information security solutions, customer service and technical support, and others. The company offers services that includes enterprise public/private cloud infrastructure construction and planning, network system planning, information security, backup and recovery planning, financial institution information integration services, cloud monitoring management, software development, project development, and other services.
85GF Score

Get the complete analysis for TPE:2468

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

NT$38.00
Price
NT$34.29
GF Value