Newmax Technology Co (ROCO:3630) EBIT: NT$404 Mil (TTM As of Dec. 2025)

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ROCO:3630 Newmax Technology Co Ltd ROCO:3630
58 GF Score
Price NT$26.85
GF Value NT$38.45
Valuation Possible Value Trap
! 5 Warning Signs
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What is Newmax Technology Co EBIT?

Newmax Technology Co ROCO:3630 -0.56% 58 EBIT is NT$404 Mil as of Dec. 2025. GuruFocus rates ROCO:3630 with a GF Score™ of 58/100 and a GF Value™ of NT$38.45 (Possible Value Trap). The stock has 5 warning signs investors should review.

Newmax Technology Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$-61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$404 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Newmax Technology Co's annualized ROC % for the quarter that ended in Dec. 2025 was -23.00%. Newmax Technology Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -12.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Newmax Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 8.84%.


Newmax Technology Co  (ROCO:3630) EBIT Explanation

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

Newmax Technology Co'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 )
=-499.02 * ( 1 - 0% )/( (2169.792 + 2170.071)/ 2 )
=-499.02/2169.9315
=-23.00 %

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))
=4132.345 - 678.772 - ( 1283.781 - max(0, 938.839 - 2456.933+1283.781))
=2169.792

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))
=4200.176 - 802.836 - ( 1227.269 - max(0, 1035.816 - 2393.226+1227.269))
=2170.071

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

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

Newmax Technology Co'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 )
=-242.6/( ( (1538.821 + max(429.757, 0)) + (1646.988 + max(301.866, 0)) )/ 2 )
=-242.6/( ( 1968.578 + 1948.854 )/ 2 )
=-242.6/1958.716
=-12.39 %

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)
=(653.533 + 355.924 + 127.478) - (678.772 + 0 + 28.406)
=429.757

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(575.862 + 424.989 + 113.295) - (802.836 + 0 + 9.444)
=301.866

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=403.946/4571.253
=8.84 %

* 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.


Newmax Technology Co EBIT Related Terms


Newmax Technology Co EBIT Historical Data

* Premium members only.

The historical data trend for Newmax 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.

Newmax Technology Co EBIT Chart

Newmax 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 -603.87 -402.46 -544.59 -399.61 403.95

Newmax Technology Co 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 -118.05 -95.58 631.65 -71.47 -60.65

ROCO:3630 vs APH, GLW: EBIT Comparison

For the Electronic Components subindustry, Newmax 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.


Newmax Technology Co EV-to-EBIT vs Hardware Industry

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

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


ROCO:3630
58GF Score
Newmax Technology Co Ltd ROCO:3630
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Newmax 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$404 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$404 Mil mean?
Newmax Technology Co (ROCO:3630) has a EBIT of NT$404 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Newmax Technology Co.
Is Newmax Technology Co's EBIT too high?
Newmax Technology Co's current EBIT is NT$404 Mil. Overall, Newmax Technology Co has a GF Score™ of 58/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Newmax Technology Co's EBIT compare to APH and GLW?
Newmax Technology Co's EBIT of NT$404 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 Newmax Technology Co. Newmax Technology Co's current EBIT is NT$404 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Newmax Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Newmax Technology Co (ROCO:3630) is currently considered Possible Value Trap. The stock's GF Value™ is NT$38.45, compared to a current price of NT$26.85 — trading 30.2% below its estimated fair value. The current EBIT is NT$404 Mil. Newmax Technology Co's overall GF Score™ is 58/100 with 5 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 Newmax Technology Co (ROCO:3630), the current EBIT is NT$404 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 Newmax Technology Co (ROCO:3630) Overvalued in 2026?

Based on GuruFocus' analysis, Newmax Technology Co stock appears to be undervalued. The current stock price of NT$26.85 is trading 30.2% below its estimated GF Value™ of NT$38.45. GuruFocus considers Newmax Technology Co to be Possible Value Trap.

Key valuation signals for ROCO:3630:

  • EBIT: NT$404 Mil
  • GF Value™: NT$38.45 vs. price of NT$26.85 (30.2% below fair value)
  • GF Score™: 58/100 with 5 warning signs

No single metric tells the full story. See the ROCO:3630 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Newmax Technology Co Business Description

Address No. 77, Lane. 100, Shuitou 1st Road, Waipu District, Taichung City, TWN, 438018
Newmax Technology Co Ltd is a company mainly engaged in the research, design, development, manufacture, and marketing of optics application products. The company manufactures optics mirrors and plastic lenses and sells them to optical equipment manufacturers and computer peripheral digital imaging manufacturers. The company offers photographic/optical equipment, electronic parts/components, and electrical machinery/supplies. The company generates the majority of its revenue from China.
58GF Score

Get the complete analysis for ROCO:3630

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

NT$26.85
Price
NT$38.45
GF Value