Tainet Communication System (ROCO:4905) EBIT: NT$136.1 Mil (TTM As of Dec. 2025)


ROCO:4905 Tainet Communication System Corp ROCO:4905
55 GF Score
Price NT$68.40
GF Value NT$276.83
Valuation Possible Value Trap
! 7 Warning Signs
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What is Tainet Communication System EBIT?

Tainet Communication System ROCO:4905 -0.58% 55 EBIT is NT$136.1 Mil as of Dec. 2025. GuruFocus rates ROCO:4905 with a GF Score™ of 55/100 and a GF Value™ of NT$276.83 (Possible Value Trap). The stock has 7 warning signs investors should review.

Tainet Communication System's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$43.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$136.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tainet Communication System's annualized ROC % for the quarter that ended in Dec. 2025 was 0.04%. Tainet Communication System's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 28.05%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tainet Communication System's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.69%.


Tainet Communication System  (ROCO:4905) EBIT Explanation

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

Tainet Communication System'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 )
=1.42 * ( 1 - 9.44% )/( (3665.553 + 3540.142)/ 2 )
=1.285952/3602.8475
=0.04 %

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))
=4515.571 - 165.592 - ( 1557.233 - max(0, 1266.04 - 1950.466+1557.233))
=3665.553

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))
=4349.235 - 169.852 - ( 1248.561 - max(0, 1032.978 - 1672.219+1248.561))
=3540.142

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

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

Tainet Communication System'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 )
=174.904/( ( (392.213 + max(186.207, 0)) + (459.793 + max(208.895, 0)) )/ 2 )
=174.904/( ( 578.42 + 668.688 )/ 2 )
=174.904/623.554
=28.05 %

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)
=(86.826 + 251.647 + 35.102) - (165.592 + 0 + 21.776)
=186.207

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(97.324 + 275.533 + 22.564) - (169.852 + 0 + 16.674)
=208.895

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:

Tainet Communication System's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=136.116/2034.455
=6.69 %

* 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.


Tainet Communication System EBIT Related Terms


Tainet Communication System EBIT Historical Data

* Premium members only.

The historical data trend for Tainet Communication System'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.

Tainet Communication System EBIT Chart

Tainet Communication System 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 65.99 -44.88 176.19 148.64 136.12

Tainet Communication System 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 39.40 36.00 -55.85 112.24 43.73

ROCO:4905 vs CSCO, CIEN, MSI: EBIT Comparison

For the Communication Equipment subindustry, Tainet Communication System'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.


Tainet Communication System EV-to-EBIT vs Hardware Industry

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

* The bar in red indicates where Tainet Communication System's EV-to-EBIT falls into.


ROCO:4905
55GF Score
Tainet Communication System Corp ROCO:4905
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tainet Communication System 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$136.1 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$136.1 Mil mean?
Tainet Communication System (ROCO:4905) has a EBIT of NT$136.1 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tainet Communication System.
Is Tainet Communication System's EBIT too high?
Tainet Communication System's current EBIT is NT$136.1 Mil. Overall, Tainet Communication System has a GF Score™ of 55/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Tainet Communication System's EBIT compare to CSCO and CIEN?
Tainet Communication System's EBIT of NT$136.1 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 Tainet Communication System. Tainet Communication System's current EBIT is NT$136.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tainet Communication System stock overvalued right now?
Based on GuruFocus' analysis, Tainet Communication System (ROCO:4905) is currently considered Possible Value Trap. The stock's GF Value™ is NT$276.83, compared to a current price of NT$68.40 — trading 75.3% below its estimated fair value. The current EBIT is NT$136.1 Mil. Tainet Communication System's overall GF Score™ is 55/100 with 7 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 Tainet Communication System (ROCO:4905), the current EBIT is NT$136.1 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 Tainet Communication System (ROCO:4905) Overvalued in 2026?

Based on GuruFocus' analysis, Tainet Communication System stock appears to be undervalued. The current stock price of NT$68.40 is trading 75.3% below its estimated GF Value™ of NT$276.83. GuruFocus considers Tainet Communication System to be Possible Value Trap.

Key valuation signals for ROCO:4905:

  • EBIT: NT$136.1 Mil
  • GF Value™: NT$276.83 vs. price of NT$68.40 (75.3% below fair value)
  • GF Score™: 55/100 with 7 warning signs

No single metric tells the full story. See the ROCO:4905 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tainet Communication System Business Description

Address No.108, Ruiguang Road, 3 floor, Huyuan Li, Neihu District, Taipei, TWN, 114
Tainet Communication System Corp is a manufacturer of digital transmission and switching equipment, data terminal equipment, line interface equipment (including telemetry devices), communication and traffic. Manufacturing, processing, trading and installation engineering business of replacement equipment, programmable power supplies, etc.
55GF Score

Get the complete analysis for ROCO:4905

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

NT$68.40
Price
NT$276.83
GF Value