Rich Development Co (ROCO:5512) EBIT: NT$924 Mil (TTM As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ROCO:5512 Rich Development Co Ltd ROCO:5512
67 GF Score
Price NT$7.85
GF Value NT$10.44
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Rich Development Co EBIT?

Rich Development Co ROCO:5512 -2.00% 67 EBIT is NT$924 Mil as of Dec. 2025. GuruFocus rates ROCO:5512 with a GF Score™ of 67/100 and a GF Value™ of NT$10.44 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Rich Development Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$331 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$924 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Rich Development Co's annualized ROC % for the quarter that ended in Dec. 2025 was 2.34%. Rich Development Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Rich Development Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.41%.


Rich Development Co  (ROCO:5512) EBIT Explanation

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

Rich Development 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 )
=1361.1 * ( 1 - 37.3% )/( (36546.138 + 36477.713)/ 2 )
=853.4097/36511.9255
=2.34 %

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))
=44984.431 - 1982.941 - ( 6455.352 - max(0, 18047.82 - 27871.122+6455.352))
=36546.138

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))
=44780.454 - 2143.422 - ( 6159.319 - max(0, 17536.009 - 26821.652+6159.319))
=36477.713

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

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

Rich Development 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 )
=1325.004/( ( (5987.854 + max(17152.258, 0)) + (5939.836 + max(15888.221, 0)) )/ 2 )
=1325.004/( ( 23140.112 + 21828.057 )/ 2 )
=1325.004/22484.0845
=5.89 %

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)
=(1533.184 + 18014.333 + 580.458) - (1982.941 + 0 + 992.776)
=17152.258

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1216.141 + 17483.85 + 549.277) - (2143.422 + 0 + 1217.625)
=15888.221

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=923.841/27112.027
=3.41 %

* 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.


Rich Development Co EBIT Related Terms


Rich Development Co EBIT Historical Data

* Premium members only.

The historical data trend for Rich Development 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.

Rich Development Co EBIT Chart

Rich Development 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 648.47 164.69 669.64 548.11 923.84

Rich Development 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 204.50 259.17 182.90 150.52 331.25

Rich Development Co EBIT Competitor Comparison

For the Real Estate - Diversified subindustry, Rich Development 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.


Rich Development Co EV-to-EBIT vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Rich Development Co's EV-to-EBIT distribution charts can be found below:

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


ROCO:5512
67GF Score
Rich Development Co Ltd ROCO:5512
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Rich Development 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$924 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$924 Mil mean?
Rich Development Co (ROCO:5512) has a EBIT of NT$924 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Rich Development Co.
Is Rich Development Co's EBIT too high?
Rich Development Co's current EBIT is NT$924 Mil. Overall, Rich Development Co has a GF Score™ of 67/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Rich Development Co's EBIT compare to competitors?
Rich Development Co's EBIT of NT$924 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good EBIT depends on the Real Estate 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 Rich Development Co. Rich Development Co's current EBIT is NT$924 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rich Development Co stock overvalued right now?
Based on GuruFocus' analysis, Rich Development Co (ROCO:5512) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$10.44, compared to a current price of NT$7.85 — trading 24.8% below its estimated fair value. The current EBIT is NT$924 Mil. Rich Development Co's overall GF Score™ is 67/100 with 8 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 Rich Development Co (ROCO:5512), the current EBIT is NT$924 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 Rich Development Co (ROCO:5512) Overvalued in 2026?

Based on GuruFocus' analysis, Rich Development Co stock appears to be undervalued. The current stock price of NT$7.85 is trading 24.8% below its estimated GF Value™ of NT$10.44. GuruFocus considers Rich Development Co to be Modestly Undervalued.

Key valuation signals for ROCO:5512:

  • EBIT: NT$924 Mil
  • GF Value™: NT$10.44 vs. price of NT$7.85 (24.8% below fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the ROCO:5512 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rich Development Co Business Description

Address No. 99, Chi Lin Road, 8th Floor, Jhongshan District, Taipei, TWN, 104
Rich Development Co Ltd is a Taiwan-based company engaged in the construction, development, leasing, and distribution of residential and commercial buildings. The company's main business includes commissioning manufacturers to build commercial buildings and lease and sale of public housing; commissioned by government industrial authorities to handle the development, leasing, and management of industrial areas; construction of sewage treatment plants and operation of sewage treatment projects; operation of resort hotels and travel agency operations and others. Its segments include the Construction segment, the Sewage treatment segment: and the Tourist hotel segment.
67GF Score

Get the complete analysis for ROCO:5512

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

NT$7.85
Price
NT$10.44
GF Value