Max Echo Technology (ROCO:5228) EBIT: NT$8.9 Mil (TTM As of Dec. 2025)

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ROCO:5228 Max Echo Technology Corp ROCO:5228
40 GF Score
Price NT$41.60
GF Value NT$21.29
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Max Echo Technology EBIT?

Max Echo Technology ROCO:5228 -4.48% 40 EBIT is NT$8.9 Mil as of Dec. 2025. GuruFocus rates ROCO:5228 with a GF Score™ of 40/100 and a GF Value™ of NT$21.29 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Max Echo Technology's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$33.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$8.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Max Echo Technology's annualized ROC % for the quarter that ended in Dec. 2025 was 9.49%. Max Echo Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 15.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Max Echo Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.43%.


Max Echo Technology  (ROCO:5228) EBIT Explanation

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

Max Echo 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 )
=104.88 * ( 1 - 10.9% )/( (983.017 + 986.845)/ 2 )
=93.44808/984.931
=9.49 %

where

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))
=1146.971 - 107.87 - ( 52.256 - max(0, 172.612 - 255.531+52.256))
=986.845

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

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

Max Echo 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 )
=132.888/( ( (786.786 + max(70.353, 0)) + (784.657 + max(84.375, 0)) )/ 2 )
=132.888/( ( 857.139 + 869.032 )/ 2 )
=132.888/863.0855
=15.40 %

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)
=(75.456 + 98.351 + 2.41) - (103.419 + 0 + 2.445)
=70.353

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(92.371 + 98.452 + 2.103) - (107.87 + 0 + 0.68099999999998)
=84.375

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=8.856/2052.209
=0.43 %

* 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.


Max Echo Technology EBIT Related Terms


Max Echo Technology EBIT Historical Data

* Premium members only.

The historical data trend for Max Echo 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.

Max Echo Technology EBIT Chart

Max Echo 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 71.57 70.25 -77.25 -67.82 8.86

Max Echo 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 -6.30 0.18 -10.11 -14.44 33.22

ROCO:5228 vs APH, GLW: EBIT Comparison

For the Electronic Components subindustry, Max Echo 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.


Max Echo Technology EV-to-EBIT vs Hardware Industry

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

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


ROCO:5228
40GF Score
Max Echo Technology Corp ROCO:5228
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Max Echo 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$8.9 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$8.9 Mil mean?
Max Echo Technology (ROCO:5228) has a EBIT of NT$8.9 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Max Echo Technology.
Is Max Echo Technology's EBIT too high?
Max Echo Technology's current EBIT is NT$8.9 Mil. Overall, Max Echo Technology has a GF Score™ of 40/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Max Echo Technology's EBIT compare to APH and GLW?
Max Echo Technology's EBIT of NT$8.9 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 Max Echo Technology. Max Echo Technology's current EBIT is NT$8.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Max Echo Technology stock overvalued right now?
Based on GuruFocus' analysis, Max Echo Technology (ROCO:5228) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$21.29, compared to a current price of NT$41.60 — trading 95.4% above its estimated fair value. The current EBIT is NT$8.9 Mil. Max Echo Technology's overall GF Score™ is 40/100 with 6 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 Max Echo Technology (ROCO:5228), the current EBIT is NT$8.9 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 Max Echo Technology (ROCO:5228) Overvalued in 2026?

Based on GuruFocus' analysis, Max Echo Technology stock appears to be overvalued. The current stock price of NT$41.60 is trading 95.4% above its estimated GF Value™ of NT$21.29. GuruFocus considers Max Echo Technology to be Significantly Overvalued.

Key valuation signals for ROCO:5228:

  • EBIT: NT$8.9 Mil
  • GF Value™: NT$21.29 vs. price of NT$41.60 (95.4% above fair value)
  • GF Score™: 40/100 with 6 warning signs

No single metric tells the full story. See the ROCO:5228 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Max Echo Technology Business Description

Address Number 15, Jingke East Road, Nantun District, Taichung, TWN, 408
Max Echo Technology Corp is a Taiwan-based company that manufactures and sells SMD multilayer inductors and beads. Its products include multilayer GHz high-frequency ferrite chip beads, multilayer ferrite chip beads, multilayer balun transformers, and multilayer power inductors.
40GF Score

Get the complete analysis for ROCO:5228

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

NT$41.60
Price
NT$21.29
GF Value