Howteh Technology Co (ROCO:3114) EBIT: NT$220 Mil (TTM As of Mar. 2026)

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ROCO:3114 Howteh Technology Co Ltd ROCO:3114
65 GF Score
Price NT$36.25
GF Value NT$28.53
Valuation Modestly Overvalued
! 2 Warning Signs
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What is Howteh Technology Co EBIT?

Howteh Technology Co ROCO:3114 -0.82% 65 EBIT is NT$220 Mil as of Mar. 2026. GuruFocus rates ROCO:3114 with a GF Score™ of 65/100 and a GF Value™ of NT$28.53 (Modestly Overvalued). The stock has 2 warning signs investors should review.

Howteh Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was NT$61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was NT$220 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Howteh Technology Co's annualized ROC % for the quarter that ended in Mar. 2026 was 7.42%. Howteh Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 24.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Howteh Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.07%.


Howteh Technology Co  (ROCO:3114) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Howteh Technology Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=122.964 * ( 1 - 18.16% )/( (1398.244 + 1314.555)/ 2 )
=100.6337376/1356.3995
=7.42 %

where

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))
=2617.827 - 310.231 - ( 909.352 - max(0, 1011.542 - 2198.397+909.352))
=1398.244

Invested Capital(Q: Mar. 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))
=2650.692 - 378.439 - ( 957.698 - max(0, 998.281 - 2245.407+957.698))
=1314.555

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Howteh Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=243.544/( ( (120.037 + max(908.38, 0)) + (121.994 + max(868.065, 0)) )/ 2 )
=243.544/( ( 1028.417 + 990.059 )/ 2 )
=243.544/1009.238
=24.13 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(961.848 + 249.407 + 66.956) - (310.231 + 0 + 59.6)
=908.38

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(921.631 + 306.083 + 49.039) - (378.439 + 0 + 30.249)
=868.065

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Howteh Technology Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=220.097/1988.174
=11.07 %

* 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.


Howteh Technology Co EBIT Related Terms


Howteh Technology Co EBIT Historical Data

* Premium members only.

The historical data trend for Howteh Technology Co's EBIT 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.

Howteh Technology Co EBIT Chart

Howteh Technology Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 181.90 273.18 141.56 157.34 186.71

Howteh Technology Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 27.50 -12.21 117.59 53.83 60.89

ROCO:3114 vs GWW, FAST, FERG: EBIT Comparison

For the Industrial Distribution subindustry, Howteh Technology Co's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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.


Howteh Technology Co EV-to-EBIT vs Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Howteh Technology Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Howteh Technology Co's EV-to-EBIT falls into.


ROCO:3114
65GF Score
Howteh Technology Co Ltd ROCO:3114
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Howteh Technology Co EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$220 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of NT$220 Mil mean?
Howteh Technology Co (ROCO:3114) has a EBIT of NT$220 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Howteh Technology Co.
Is Howteh Technology Co's EBIT too high?
Howteh Technology Co's current EBIT is NT$220 Mil. Overall, Howteh Technology Co has a GF Score™ of 65/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Howteh Technology Co's EBIT compare to GWW and FAST?
Howteh Technology Co's EBIT of NT$220 Mil can be compared against companies in the Industrial Distribution industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Industrial Distribution company?
A good EBIT depends on the Industrial Distribution industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Howteh Technology Co. Howteh Technology Co's current EBIT is NT$220 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Howteh Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Howteh Technology Co (ROCO:3114) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$28.53, compared to a current price of NT$36.25 — trading 27.1% above its estimated fair value. The current EBIT is NT$220 Mil. Howteh Technology Co's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Howteh Technology Co (ROCO:3114), the current EBIT is NT$220 Mil as of Mar. 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 Howteh Technology Co (ROCO:3114) Overvalued in 2026?

Based on GuruFocus' analysis, Howteh Technology Co stock appears to be overvalued. The current stock price of NT$36.25 is trading 27.1% above its estimated GF Value™ of NT$28.53. GuruFocus considers Howteh Technology Co to be Modestly Overvalued.

Key valuation signals for ROCO:3114:

  • EBIT: NT$220 Mil
  • GF Value™: NT$28.53 vs. price of NT$36.25 (27.1% above fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the ROCO:3114 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Howteh Technology Co Business Description

Address 6th Floor, No. 25, Section 1, Dunhua South Road, Taipei, TWN, 105
Howteh Technology Co Ltd is engaged mainly in trading and agency business in passive electronic components, active electronic components, integrated circuit carrier board equipment, chemicals and raw materials, semiconductors and optical equipment. Its operating segment includes Taiwan Segment responsible for the agency sales of electronic components and process equipment in Taiwan; and China and South East Asia segment responsible for the distribution of electronic components in Eastern and Southern China (including Hongkong) and Vietnam. The majority of the revenue is derived from the Taiwan segment.
65GF Score

Get the complete analysis for ROCO:3114

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

NT$36.25
Price
NT$28.53
GF Value