iOCO (JSE:IOC) Total Operating Expense: R1,129 Mil (TTM As of Jan. 2026)


JSE:IOC iOCO Ltd JSE:IOC
46 GF Score
Price R4.10
GF Value R2.11
Valuation Significantly Overvalued
! 2 Warning Signs
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What is iOCO Total Operating Expense?

iOCO JSE:IOC -0.24% 46 Total Operating Expense is R1,129 Mil as of Jan. 2026. GuruFocus rates JSE:IOC with a GF Score™ of 46/100 and a GF Value™ of R2.11 (Significantly Overvalued). The stock has 2 warning signs investors should review.

iOCO's Total Operating Expense for the six months ended in Jan. 2026 was R549 Mil. iOCO's Total Operating Expense for the trailing twelve months (TTM) ended in Jan. 2026 was R1,129 Mil.


iOCO Total Operating Expense Related Terms


iOCO Total Operating Expense Historical Data

* Premium members only.

The historical data trend for iOCO's Total Operating Expense 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.

iOCO Total Operating Expense Chart

iOCO Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,544.97 1,530.46 1,532.49 1,499.96 1,184.71

iOCO Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Total Operating Expense 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 808.33 691.63 604.99 579.72 549.17
JSE:IOC
46GF Score
iOCO Ltd JSE:IOC
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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iOCO Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Jan. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was R1,129 Mil.

* 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 Total Operating Expense of R1,129 Mil mean?
iOCO (JSE:IOC) has a Total Operating Expense of R1,129 Mil as of Jan. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on iOCO and its competitors.
Is iOCO's Total Operating Expense too high?
iOCO's current Total Operating Expense is R1,129 Mil. Overall, iOCO has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does iOCO's Total Operating Expense compare to IBM and ACN?
iOCO's Total Operating Expense of R1,129 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Software company?
A good Total Operating Expense depends on the Software industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on iOCO and its competitors. iOCO's current Total Operating Expense is R1,129 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is iOCO stock overvalued right now?
Based on GuruFocus' analysis, iOCO (JSE:IOC) is currently considered Significantly Overvalued. The stock's GF Value™ is R2.11, compared to a current price of R4.10 — trading 94.3% above its estimated fair value. The current Total Operating Expense is R1,129 Mil. iOCO's overall GF Score™ is 46/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For iOCO (JSE:IOC), the current Total Operating Expense is R1,129 Mil as of Jan. 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.

Is iOCO (JSE:IOC) Overvalued in 2026?

Based on GuruFocus' analysis, iOCO stock appears to be overvalued. The current stock price of R4.10 is trading 94.3% above its estimated GF Value™ of R2.11. GuruFocus considers iOCO to be Significantly Overvalued.

Key valuation signals for JSE:IOC:

  • Total Operating Expense: R1,129 Mil
  • GF Value™: R2.11 vs. price of R4.10 (94.3% above fair value)
  • GF Score™: 46/100 with 2 warning signs

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


iOCO Business Description

Address 2 Augrabies Road, Waterfall Office Par, Midrand, GT, ZAF, 1685
iOCO Ltd, FormerlyEOH Holdings Ltd is a South Africa-based firm offering IT services, software, IT infrastructure, industrial technologies, and outsourcing services. The company operates through three segments. iOCO segment consists of Digital, infrastructure, connected industrial ecosystem, digital business solutions, EasyHQ, international, and NEXTEC services. The majority of revenue is from Intelligent Technology Solutions.
46GF Score

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

R4.10
Price
R2.11
GF Value