First Hi-Tec Co (ROCO:5439) EBIT: NT$1,625 Mil (TTM As of Dec. 2025)


ROCO:5439 First Hi-Tec Co Ltd ROCO:5439
78 GF Score
Price NT$305.50
GF Value NT$262.45
Valuation Modestly Overvalued
! 5 Warning Signs
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What is First Hi-Tec Co EBIT?

First Hi-Tec Co ROCO:5439 +0.99% 78 EBIT is NT$1,625 Mil as of Dec. 2025. GuruFocus rates ROCO:5439 with a GF Score™ of 78/100 and a GF Value™ of NT$262.45 (Modestly Overvalued). The stock has 5 warning signs investors should review.

First Hi-Tec Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$509 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,625 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. First Hi-Tec Co's annualized ROC % for the quarter that ended in Dec. 2025 was 28.27%. First Hi-Tec Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 39.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. First Hi-Tec Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.48%.


First Hi-Tec Co  (ROCO:5439) EBIT Explanation

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

First Hi-Tec 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 )
=1856.204 * ( 1 - 20.01% )/( (5223.183 + 5282.563)/ 2 )
=1484.7775796/5252.873
=28.27 %

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))
=11331.993 - 4173.611 - ( 1935.199 - max(0, 5108.075 - 8448.801+1935.199))
=5223.183

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))
=10875.57 - 3452.049 - ( 2140.958 - max(0, 4249.467 - 7821.142+2140.958))
=5282.563

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

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

First Hi-Tec 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 )
=2036.936/( ( (2802.003 + max(2304.848, 0)) + (2956.271 + max(2192.661, 0)) )/ 2 )
=2036.936/( ( 5106.851 + 5148.932 )/ 2 )
=2036.936/5127.8915
=39.72 %

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)
=(4571.196 + 1891.29 + 24.163999999999) - (4173.611 + 0 + 8.1909999999998)
=2304.848

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4352.127 + 1278.072 + 22.828) - (3452.049 + 0 + 8.317)
=2192.661

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:

First Hi-Tec Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1624.785/29663.197
=5.48 %

* 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.


First Hi-Tec Co EBIT Related Terms


First Hi-Tec Co EBIT Historical Data

* Premium members only.

The historical data trend for First Hi-Tec 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.

First Hi-Tec Co EBIT Chart

First Hi-Tec 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 510.83 458.59 594.33 414.83 1,624.79

First Hi-Tec 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 122.67 226.96 209.82 678.77 509.23

ROCO:5439 vs APH, GLW: EBIT Comparison

For the Electronic Components subindustry, First Hi-Tec 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.


First Hi-Tec Co EV-to-EBIT vs Hardware Industry

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

* The bar in red indicates where First Hi-Tec Co's EV-to-EBIT falls into.


ROCO:5439
78GF Score
First Hi-Tec Co Ltd ROCO:5439
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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First Hi-Tec 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$1,625 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$1,625 Mil mean?
First Hi-Tec Co (ROCO:5439) has a EBIT of NT$1,625 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on First Hi-Tec Co.
Is First Hi-Tec Co's EBIT too high?
First Hi-Tec Co's current EBIT is NT$1,625 Mil. Overall, First Hi-Tec Co has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does First Hi-Tec Co's EBIT compare to APH and GLW?
First Hi-Tec Co's EBIT of NT$1,625 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 First Hi-Tec Co. First Hi-Tec Co's current EBIT is NT$1,625 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Hi-Tec Co stock overvalued right now?
Based on GuruFocus' analysis, First Hi-Tec Co (ROCO:5439) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$262.45, compared to a current price of NT$305.50 — trading 16.4% above its estimated fair value. The current EBIT is NT$1,625 Mil. First Hi-Tec Co's overall GF Score™ is 78/100 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 First Hi-Tec Co (ROCO:5439), the current EBIT is NT$1,625 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 First Hi-Tec Co (ROCO:5439) Overvalued in 2026?

Based on GuruFocus' analysis, First Hi-Tec Co stock appears to be overvalued. The current stock price of NT$305.50 is trading 16.4% above its estimated GF Value™ of NT$262.45. GuruFocus considers First Hi-Tec Co to be Modestly Overvalued.

Key valuation signals for ROCO:5439:

  • EBIT: NT$1,625 Mil
  • GF Value™: NT$262.45 vs. price of NT$305.50 (16.4% above fair value)
  • GF Score™: 78/100 with 5 warning signs

No single metric tells the full story. See the ROCO:5439 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


First Hi-Tec Co Business Description

Address No.3, Lane 43, Xingbang Road, Taoyuan District, Taoyuan City, TWN, 330
First Hi-Tec Co Ltd main business is manufacture and sales of PCB and computer peripherals, etc. The Company is engaged in production and sales of electronic equipment and wholesale of components, etc. The group is only engaged in manufacturing and trading of PCB and computer peripherals, which belong to a single industry, the operating segments and reportable segments are single segment. The company has presence in Taiwan, Asia, and Others. The company generates majority of revenue from Taiwan. The company's products are Automotive, Semiconductor and others, Power Control Modules Robot, Telecom, Layer Counts, Application Type, Capability, and Roadmap.
78GF Score

Get the complete analysis for ROCO:5439

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

NT$305.50
Price
NT$262.45
GF Value