Advance Materials (ROCO:3585) EBIT: NT$-36.7 Mil (TTM As of Dec. 2025)

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ROCO:3585 Advance Materials Corp ROCO:3585
44 GF Score
Price NT$57.20
GF Value NT$8.93
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Advance Materials EBIT?

Advance Materials ROCO:3585 -5.77% 44 EBIT is NT$-36.7 Mil as of Dec. 2025. GuruFocus rates ROCO:3585 with a GF Score™ of 44/100 and a GF Value™ of NT$8.93 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Advance Materials's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2025 was NT$-23.3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-36.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Advance Materials's annualized ROC % for the quarter that ended in Dec. 2025 was -14.26%. Advance Materials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -20.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Advance Materials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -0.63%.


Advance Materials  (ROCO:3585) EBIT Explanation

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

Advance Materials'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: Jun. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=-68.716 * ( 1 - 0% )/( (481.735 + 482.336)/ 2 )
=-68.716/482.0355
=-14.26 %

where

Invested Capital(Q: Jun. 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))
=1192.15 - 122.322 - ( 588.093 - max(0, 130.182 - 838.303+588.093))
=481.735

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))
=1250.361 - 110.462 - ( 657.563 - max(0, 135.276 - 908.853+657.563))
=482.336

Note: The Operating Income data used here is two times the semi-annual (Dec. 2025) data.

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

Advance Materials'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: Jun. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-46.696/( ( (160.465 + max(71.79, 0)) + (154.777 + max(78.806, 0)) )/ 2 )
=-46.696/( ( 232.255 + 233.583 )/ 2 )
=-46.696/232.919
=-20.05 %

where Working Capital is:

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(140.023 + 58.276 + 3.673) - (122.322 + 0 + 7.86)
=71.79

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(142.982 + 45.49 + 5.61) - (110.462 + 0 + 4.814)
=78.806

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Dec. 2025) EBIT data.

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

Advance Materials's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-36.72/5799.491
=-0.63 %

* 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.


Advance Materials EBIT Related Terms


Advance Materials EBIT Historical Data

* Premium members only.

The historical data trend for Advance Materials'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.

Advance Materials EBIT Chart

Advance Materials 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 17.64 -150.95 -152.46 115.13 -36.72

Advance Materials Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 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 -107.19 126.64 -11.51 -13.37 -23.35

ROCO:3585 vs APH, GLW: EBIT Comparison

For the Electronic Components subindustry, Advance Materials'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.


Advance Materials EV-to-EBIT vs Hardware Industry

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

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


ROCO:3585
44GF Score
Advance Materials Corp ROCO:3585
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Advance Materials 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 semi-annually data reported by the company within the most recent 12 months, which was NT$-36.7 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$-36.7 Mil mean?
Advance Materials (ROCO:3585) has a EBIT of NT$-36.7 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Advance Materials.
Is Advance Materials' EBIT too high?
Advance Materials' current EBIT is NT$-36.7 Mil. Overall, Advance Materials has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Advance Materials' EBIT compare to APH and GLW?
Advance Materials' EBIT of NT$-36.7 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Advance Materials. Advance Materials's current EBIT is NT$-36.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Advance Materials stock overvalued right now?
Based on GuruFocus' analysis, Advance Materials (ROCO:3585) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$8.93, compared to a current price of NT$57.20 — trading 540.5% above its estimated fair value. The current EBIT is NT$-36.7 Mil. Advance Materials' overall GF Score™ is 44/100 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 Advance Materials (ROCO:3585), the current EBIT is NT$-36.7 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 Advance Materials (ROCO:3585) Overvalued in 2026?

Based on GuruFocus' analysis, Advance Materials stock appears to be overvalued. The current stock price of NT$57.20 is trading 540.5% above its estimated GF Value™ of NT$8.93. GuruFocus considers Advance Materials to be Significantly Overvalued.

Key valuation signals for ROCO:3585:

  • EBIT: NT$-36.7 Mil
  • GF Value™: NT$8.93 vs. price of NT$57.20 (540.5% above fair value)
  • GF Score™: 44/100 with 3 warning signs

No single metric tells the full story. See the ROCO:3585 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Advance Materials Business Description

Address No.2 of 498 Lane, Luzhu Village, Taoyuan County, TWN
Advance Materials Corp is a professional supplier of electronic materials in Taiwan. Its products include Copper Clad Laminate, Liquid photo-imageable solder masks, Special Photoresist, FPC Materials related products, and Touch Panel Related Materials.
44GF Score

Get the complete analysis for ROCO:3585

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

NT$57.20
Price
NT$8.93
GF Value