Yuanta Futures Co (ROCO:6023) EBIT: NT$3,919 Mil (TTM As of Dec. 2025)

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ROCO:6023 Yuanta Futures Co Ltd ROCO:6023
69 GF Score
Price NT$87.10
GF Value NT$63.50
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Yuanta Futures Co EBIT?

Yuanta Futures Co ROCO:6023 -0.34% 69 EBIT is NT$3,919 Mil as of Dec. 2025. GuruFocus rates ROCO:6023 with a GF Score™ of 69/100 and a GF Value™ of NT$63.50 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Yuanta Futures Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$953 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3,919 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Yuanta Futures Co's annualized ROC % for the quarter that ended in Dec. 2025 was 0.36%. Yuanta Futures Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 401.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Yuanta Futures Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 22.47%.


Yuanta Futures Co  (ROCO:6023) EBIT Explanation

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

Yuanta Futures 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 )
=723.744 * ( 1 - 19.74% )/( (157742.725 + 167893.057)/ 2 )
=580.8769344/162817.891
=0.36 %

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))
=174022.286 - 1056.448 - ( 15549.429 - max(0, 153609.028 - 168832.141+15549.429))
=157742.725

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))
=184604.126 - 959.393 - ( 16208.455 - max(0, 163543.452 - 179295.128+16208.455))
=167893.057

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

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

Yuanta Futures 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 )
=3811.38/( ( (873.519 + max(-503.25699999998, 0)) + (1025.917 + max(-644.38099999999, 0)) )/ 2 )
=3811.38/( ( 873.519 + 1025.917 )/ 2 )
=3811.38/949.718
=401.32 %

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)
=(30.385 + 0 + 153054.811) - (1056.448 + 0 + 152532.005)
=-503.25699999998

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.274 + 0 + 162815.655) - (959.393 + 0 + 162525.917)
=-644.38099999999

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=3919.287/17445.815
=22.47 %

* 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.


Yuanta Futures Co EBIT Related Terms


Yuanta Futures Co EBIT Historical Data

* Premium members only.

The historical data trend for Yuanta Futures 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.

Yuanta Futures Co EBIT Chart

Yuanta Futures 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 1,058.13 1,547.31 2,756.87 3,384.92 3,919.29

Yuanta Futures 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 899.05 941.66 983.20 1,041.59 952.85

ROCO:6023 vs MS, GS, SCHW: EBIT Comparison

For the Capital Markets subindustry, Yuanta Futures 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.


Yuanta Futures Co EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Yuanta Futures Co's EV-to-EBIT distribution charts can be found below:

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


ROCO:6023
69GF Score
Yuanta Futures Co Ltd ROCO:6023
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Yuanta Futures 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$3,919 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$3,919 Mil mean?
Yuanta Futures Co (ROCO:6023) has a EBIT of NT$3,919 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Yuanta Futures Co.
Is Yuanta Futures Co's EBIT too high?
Yuanta Futures Co's current EBIT is NT$3,919 Mil. Overall, Yuanta Futures Co has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Yuanta Futures Co's EBIT compare to MS and GS?
Yuanta Futures Co's EBIT of NT$3,919 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good EBIT depends on the Capital Markets 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 Yuanta Futures Co. Yuanta Futures Co's current EBIT is NT$3,919 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Yuanta Futures Co stock overvalued right now?
Based on GuruFocus' analysis, Yuanta Futures Co (ROCO:6023) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$63.50, compared to a current price of NT$87.10 — trading 37.2% above its estimated fair value. The current EBIT is NT$3,919 Mil. Yuanta Futures Co's overall GF Score™ is 69/100 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 Yuanta Futures Co (ROCO:6023), the current EBIT is NT$3,919 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 Yuanta Futures Co (ROCO:6023) Overvalued in 2026?

Based on GuruFocus' analysis, Yuanta Futures Co stock appears to be overvalued. The current stock price of NT$87.10 is trading 37.2% above its estimated GF Value™ of NT$63.50. GuruFocus considers Yuanta Futures Co to be Significantly Overvalued.

Key valuation signals for ROCO:6023:

  • EBIT: NT$3,919 Mil
  • GF Value™: NT$63.50 vs. price of NT$87.10 (37.2% above fair value)
  • GF Score™: 69/100 with 8 warning signs

No single metric tells the full story. See the ROCO:6023 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Yuanta Futures Co Business Description

Address Nanjing East Road, 2nd, 3rd, 4th, and 5thFloor, No. 77, Section 2, Zhongshan District, Taipei, TWN, 104089
Yuanta Futures Co Ltd is Taiwan's futures company. The company is engaged in onshore and offshore futures brokerage business, futures dealing, futures consulting, futures business management, securities dealing, leverage transaction merchant, and a variety of futures-related businesses. Its operating segments include: Brokerage segment, Dealing segment, and Other segment. The company derives maximum revenue from Brokerage segment. Geographically, the company has its presence in Taiwan, Asia (excluding Taiwan), Europe, America and Other.
69GF Score

Get the complete analysis for ROCO:6023

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

NT$87.10
Price
NT$63.50
GF Value