Niching Industrial (ROCO:3444) EBIT: NT$111 Mil (TTM As of Dec. 2025)

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ROCO:3444 Niching Industrial Corp ROCO:3444
64 GF Score
Price NT$75.10
GF Value NT$89.50
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is Niching Industrial EBIT?

Niching Industrial ROCO:3444 -3.72% 64 EBIT is NT$111 Mil as of Dec. 2025. GuruFocus rates ROCO:3444 with a GF Score™ of 64/100 and a GF Value™ of NT$89.50 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Niching Industrial's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$29 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$111 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Niching Industrial's annualized ROC % for the quarter that ended in Dec. 2025 was 8.40%. Niching Industrial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 26.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Niching Industrial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.86%.

Niching Industrial  (ROCO:3444) EBIT Explanation

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

Niching Industrial's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=60.892 * ( 1 - 19.21% )/( (585.331 + 586.609)/ 2 )
=49.1946468/585.97
=8.40 %

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))
=1382.612 - 324.986 - ( 472.295 - max(0, 334.438 - 947.641+472.295))
=585.331

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))
=1498.633 - 402.328 - ( 509.696 - max(0, 410.635 - 1046.588+509.696))
=586.609

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Niching Industrial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=114.056/( ( (294.705 + max(141.139, 0)) + (295.046 + max(128.063, 0)) )/ 2 )
=114.056/( ( 435.844 + 423.109 )/ 2 )
=114.056/429.4765
=26.56 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(400.544 + 55.832 + 15.242) - (324.986 + 0 + 5.493)
=141.139

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(455.48 + 65.653 + 13.811) - (402.328 + 0 + 4.553)
=128.063

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

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

Niching Industrial's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=110.985/2874.819
=3.86 %

* 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.

Niching Industrial EBIT Related Terms

Niching Industrial EBIT Historical Data

* Premium members only.

The historical data trend for Niching Industrial'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.

Niching Industrial EBIT Chart

Niching Industrial 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 168.64 236.17 112.91 144.00 110.99

Niching Industrial Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 42.68 42.26 15.07 25.15 28.51

ROCO:3444 vs AMAT, LRCX, KLAC: EBIT Comparison

For the Semiconductor Equipment & Materials subindustry, Niching Industrial'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.

Niching Industrial EV-to-EBIT vs Semiconductors Industry

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

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


ROCO:3444
64GF Score
Niching Industrial Corp ROCO:3444
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Niching Industrial 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$111 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$111 Mil mean?
Niching Industrial (ROCO:3444) has a EBIT of NT$111 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Niching Industrial.
Is Niching Industrial's EBIT too high?
Niching Industrial's current EBIT is NT$111 Mil. Overall, Niching Industrial has a GF Score™ of 64/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Niching Industrial's EBIT compare to AMAT and LRCX?
Niching Industrial's EBIT of NT$111 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 Niching Industrial. Niching Industrial's current EBIT is NT$111 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Niching Industrial stock overvalued right now?
Based on GuruFocus' analysis, Niching Industrial (ROCO:3444) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$89.50, compared to a current price of NT$75.10 — trading 16.1% below its estimated fair value. The current EBIT is NT$111 Mil. Niching Industrial's overall GF Score™ is 64/100 with 3 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 Niching Industrial (ROCO:3444), the current EBIT is NT$111 Mil 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 Niching Industrial (ROCO:3444) Overvalued in 2026?

Based on GuruFocus' analysis, Niching Industrial stock appears to be undervalued. The current stock price of NT$75.10 is trading 16.1% below its estimated GF Value™ of NT$89.50. GuruFocus considers Niching Industrial to be Modestly Undervalued.

Key valuation signals for ROCO:3444:

  • EBIT: NT$111 Mil
  • GF Value™: NT$89.50 vs. price of NT$75.10 (16.1% below fair value)
  • GF Score™: 64/100 with 3 warning signs

No single metric tells the full story. See the ROCO:3444 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Niching Industrial Business Description

Address Room 5E, No.767, Sec 4, Taiwan Boulevard, 5th Floor, Taichung, Xitun District, Taichung, TWN
Niching Industrial Corp main business activities include the import, export, trading, and manufacturing of various raw materials, components, and equipment required for the semiconductor and optoelectronic industries. Its revenue is generated from Semiconductor products, Optoelectronics products, and others. Semiconductor products generate maximum revenue.
64GF Score

Get the complete analysis for ROCO:3444

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

NT$75.10
Price
NT$89.50
GF Value