Asix Electronics (ROCO:3169) EBIT: NT$265.3 Mil (TTM As of Mar. 2026)

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ROCO:3169 Asix Electronics Corp Ltd ROCO:3169
71 GF Score
Price NT$103.00
GF Value NT$99.31
Valuation Fairly Valued
! 4 Warning Signs
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What is Asix Electronics EBIT?

Asix Electronics ROCO:3169 +0.98% 71 EBIT is NT$265.3 Mil as of Mar. 2026. GuruFocus rates ROCO:3169 with a GF Score™ of 71/100 and a GF Value™ of NT$99.31 (Fairly Valued). The stock has 4 warning signs investors should review.

Asix Electronics's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was NT$73.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was NT$265.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Asix Electronics's annualized ROC % for the quarter that ended in Mar. 2026 was 117.78%. Asix Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 560.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Asix Electronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.61%.

Asix Electronics  (ROCO:3169) EBIT Explanation

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

Asix Electronics'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 )
=258.26 * ( 1 - 16.51% )/( (179.227 + 186.901)/ 2 )
=215.621274/183.064
=117.78 %

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))
=2007.683 - 139.873 - ( 1707.603 - max(0, 171.512 - 1860.095+1707.603))
=179.227

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))
=2108.818 - 152.903 - ( 1780.325 - max(0, 189.169 - 1958.183+1780.325))
=186.901

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

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

Asix Electronics'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 )
=295.52/( ( (54.003 + max(-18.049, 0)) + (51.374 + max(-10.453, 0)) )/ 2 )
=295.52/( ( 54.003 + 51.374 )/ 2 )
=295.52/52.6885
=560.88 %

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)
=(62.841 + 83.047 + 6.604) - (139.873 + 0 + 30.668)
=-18.049

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(78.773 + 90.026 + 8.9400000000001) - (152.903 + 0 + 35.289)
=-10.453

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:

Asix Electronics's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=265.314/4730.366
=5.61 %

* 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.

Asix Electronics EBIT Related Terms

Asix Electronics EBIT Historical Data

* Premium members only.

The historical data trend for Asix Electronics'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.

Asix Electronics EBIT Chart

Asix Electronics 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 467.33 504.57 269.85 253.96 276.98

Asix Electronics 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 85.54 51.34 74.03 66.06 73.88

ROCO:3169 vs NVDA, AVGO, MU: EBIT Comparison

For the Semiconductors subindustry, Asix Electronics'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.

Asix Electronics EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Asix Electronics's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Asix Electronics's EV-to-EBIT falls into.


ROCO:3169
71GF Score
Asix Electronics Corp Ltd ROCO:3169
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asix Electronics 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$265.3 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$265.3 Mil mean?
Asix Electronics (ROCO:3169) has a EBIT of NT$265.3 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Asix Electronics.
Is Asix Electronics' EBIT too high?
Asix Electronics' current EBIT is NT$265.3 Mil. Overall, Asix Electronics has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asix Electronics' EBIT compare to NVDA and AVGO?
Asix Electronics' EBIT of NT$265.3 Mil can be compared against companies in the Semiconductors 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 a Semiconductors company?
A good EBIT depends on the Semiconductors 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 Asix Electronics. Asix Electronics's current EBIT is NT$265.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asix Electronics stock overvalued right now?
Based on GuruFocus' analysis, Asix Electronics (ROCO:3169) is currently considered Fairly Valued. The stock's GF Value™ is NT$99.31, compared to a current price of NT$103.00 — trading 3.7% above its estimated fair value. The current EBIT is NT$265.3 Mil. Asix Electronics' overall GF Score™ is 71/100 with 4 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 Asix Electronics (ROCO:3169), the current EBIT is NT$265.3 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 Asix Electronics (ROCO:3169) Overvalued in 2026?

Based on GuruFocus' analysis, Asix Electronics stock appears to be overvalued. The current stock price of NT$103.00 is trading 3.7% above its estimated GF Value™ of NT$99.31. GuruFocus considers Asix Electronics to be Fairly Valued.

Key valuation signals for ROCO:3169:

  • EBIT: NT$265.3 Mil
  • GF Value™: NT$99.31 vs. price of NT$103.00 (3.7% above fair value)
  • GF Score™: 71/100 with 4 warning signs

No single metric tells the full story. See the ROCO:3169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Asix Electronics Business Description

Address No. 8, Hsin Ann Road, 4th Floor, Hsinchu Science Park, Hsinchu, TWN, 30078
Asix Electronics Corp Ltd is engaged in the research, development, manufacture and sale of communication and mixed-signal receiving and processing chips, multimedia graphics IC and graphics boards, asynchronous transmission mode chips, interface transmission chips, display driver chips and white light emitting diode driver chips. Geographically, the company generates the majority of its revenue from Taiwan and the rest from China and other regions.
71GF Score

Get the complete analysis for ROCO:3169

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

NT$103.00
Price
NT$99.31
GF Value