eMemory Technology (ROCO:3529) EBIT: NT$2,285 Mil (TTM As of Dec. 2025)


ROCO:3529 eMemory Technology Inc ROCO:3529
96 GF Score
Price NT$2,925.00
GF Value NT$3,027.84
Valuation Fairly Valued
! 2 Warning Signs
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What is eMemory Technology EBIT?

eMemory Technology ROCO:3529 -9.86% 96 EBIT is NT$2,285 Mil as of Dec. 2025. GuruFocus rates ROCO:3529 with a GF Score™ of 96/100 and a GF Value™ of NT$3,027.84 (Fairly Valued). The stock has 2 warning signs investors should review.

eMemory Technology's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$681 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,285 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. eMemory Technology's annualized ROC % for the quarter that ended in Dec. 2025 was 143.46%. eMemory Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 314.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. eMemory Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1.06%.


eMemory Technology  (ROCO:3529) EBIT Explanation

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

eMemory Technology'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 )
=2546.544 * ( 1 - 15.01% )/( (1515.519 + 1501.793)/ 2 )
=2164.3077456/1508.656
=143.46 %

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))
=4067.011 - 232.119 - ( 2746.424 - max(0, 765.031 - 3084.404+2746.424))
=1515.519

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))
=4760.57 - 337.48 - ( 3532.058 - max(0, 879.922 - 3801.219+3532.058))
=1501.793

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

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

eMemory Technology'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 )
=2722.624/( ( (867.329 + max(-405.337, 0)) + (862.955 + max(-608.331, 0)) )/ 2 )
=2722.624/( ( 867.329 + 862.955 )/ 2 )
=2722.624/865.142
=314.70 %

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)
=(305.142 + 0 + 31.475) - (232.119 + 0 + 509.835)
=-405.337

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(244.317 + 0 + 23.845) - (337.48 + 0 + 539.013)
=-608.331

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=2285.119/214964.452
=1.06 %

* 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.


eMemory Technology EBIT Related Terms


eMemory Technology EBIT Historical Data

* Premium members only.

The historical data trend for eMemory Technology'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.

eMemory Technology EBIT Chart

eMemory Technology 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 1,283.21 1,909.07 1,751.43 2,155.22 2,285.12

eMemory Technology 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 617.95 550.06 472.40 582.01 680.66

ROCO:3529 vs NVDA, AVGO, MU: EBIT Comparison

For the Semiconductors subindustry, eMemory Technology'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.


eMemory Technology EV-to-EBIT vs Semiconductors Industry

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

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


ROCO:3529
96GF Score
eMemory Technology Inc ROCO:3529
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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eMemory Technology 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$2,285 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$2,285 Mil mean?
eMemory Technology (ROCO:3529) has a EBIT of NT$2,285 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on eMemory Technology.
Is eMemory Technology's EBIT too high?
eMemory Technology's current EBIT is NT$2,285 Mil. Overall, eMemory Technology has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does eMemory Technology's EBIT compare to NVDA and AVGO?
eMemory Technology's EBIT of NT$2,285 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 eMemory Technology. eMemory Technology's current EBIT is NT$2,285 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is eMemory Technology stock overvalued right now?
Based on GuruFocus' analysis, eMemory Technology (ROCO:3529) is currently considered Fairly Valued. The stock's GF Value™ is NT$3,027.84, compared to a current price of NT$2,925.00 — trading 3.4% below its estimated fair value. The current EBIT is NT$2,285 Mil. eMemory Technology's overall GF Score™ is 96/100 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 eMemory Technology (ROCO:3529), the current EBIT is NT$2,285 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 eMemory Technology (ROCO:3529) Overvalued in 2026?

Based on GuruFocus' analysis, eMemory Technology stock appears to be undervalued. The current stock price of NT$2,925.00 is trading 3.4% below its estimated GF Value™ of NT$3,027.84. GuruFocus considers eMemory Technology to be Fairly Valued.

Key valuation signals for ROCO:3529:

  • EBIT: NT$2,285 Mil
  • GF Value™: NT$3,027.84 vs. price of NT$2,925.00 (3.4% below fair value)
  • GF Score™: 96/100 with 2 warning signs

No single metric tells the full story. See the ROCO:3529 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


eMemory Technology Business Description

Address Tai-Yuan 1st Street, No. 5, 8th Floor, Hsinchu County, Jhubei, TWN, 302082
eMemory Technology Inc is engaged in researching, developing, manufacturing, and selling embedded flash memory products. It licenses its intellectual property (IP) to semiconductor foundries, integrated device manufacturers, and design houses. The company offers comprehensive platforms of Logic NVM silicon IP, including NeoBit, NeoFuse, NeoEE, NeoMTP, EcoBit, NeoFlash, RRAM, MRAM, and NeoPUF; as well as a range of cost-effective and customized logic NVM solutions. It earns revenue in the form of royalties and income generated from the provision of technical services, out of which the majority comes from royalties. Geographically, the company generates maximum revenue from its domestic market, followed by Asia and other regions.
96GF Score

Get the complete analysis for ROCO:3529

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

NT$2,925.00
Price
NT$3,027.84
GF Value