AVID Electronics (ROCO:6103) EBIT: NT$-8.21 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:6103 AVID Electronics Corp ROCO:6103
63 GF Score
Price NT$28.25
GF Value NT$58.78
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is AVID Electronics EBIT?

AVID Electronics ROCO:6103 -7.68% 63 EBIT is NT$-8.21 Mil as of Dec. 2025. GuruFocus rates ROCO:6103 with a GF Score™ of 63/100 and a GF Value™ of NT$58.78 (Possible Value Trap). The stock has 3 warning signs investors should review.

AVID Electronics's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$5.17 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-8.21 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AVID Electronics's annualized ROC % for the quarter that ended in Dec. 2025 was 12.01%. AVID Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 34.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AVID Electronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -2.94%.

AVID Electronics  (ROCO:6103) EBIT Explanation

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

AVID Electronics'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 )
=7.72 * ( 1 - 0.5% )/( (77.359 + 50.509)/ 2 )
=7.6814/63.934
=12.01 %

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))
=155.492 - 2.214 - ( 75.919 - max(0, 4.329 - 154.575+75.919))
=77.359

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))
=160.483 - 3.342 - ( 106.632 - max(0, 4.453 - 159.615+106.632))
=50.509

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

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

AVID Electronics'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 )
=20.68/( ( (0.47 + max(74.402, 0)) + (0.418 + max(46.151, 0)) )/ 2 )
=20.68/( ( 74.872 + 46.569 )/ 2 )
=20.68/60.7205
=34.06 %

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)
=(32.143 + 25.377 + 19.462) - (2.214 + 0 + 0.366)
=74.402

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13.239 + 32.983 + 3.629) - (3.342 + 0 + 0.358)
=46.151

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:

AVID Electronics's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-8.209/279.227
=-2.94 %

* 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.

AVID Electronics EBIT Related Terms

AVID Electronics EBIT Historical Data

* Premium members only.

The historical data trend for AVID Electronics'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.

AVID Electronics EBIT Chart

AVID Electronics 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 -2.51 -9.27 -6.62 48.41 -8.21

AVID Electronics 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 38.19 -0.07 -19.08 5.77 5.17

ROCO:6103 vs NVDA, AVGO, MU: EBIT Comparison

For the Semiconductors subindustry, AVID Electronics'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.

AVID Electronics EV-to-EBIT vs Semiconductors Industry

For the Semiconductors industry and Technology sector, AVID Electronics's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where AVID Electronics's EV-to-EBIT falls into.


ROCO:6103
63GF Score
AVID Electronics Corp ROCO:6103
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AVID Electronics 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$-8.21 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$-8.21 Mil mean?
AVID Electronics (ROCO:6103) has a EBIT of NT$-8.21 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on AVID Electronics.
Is AVID Electronics' EBIT too high?
AVID Electronics' current EBIT is NT$-8.21 Mil. Overall, AVID Electronics has a GF Score™ of 63/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does AVID Electronics' EBIT compare to NVDA and AVGO?
AVID Electronics' EBIT of NT$-8.21 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good EBIT depends on the Semiconductors 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 AVID Electronics. AVID Electronics's current EBIT is NT$-8.21 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AVID Electronics stock overvalued right now?
Based on GuruFocus' analysis, AVID Electronics (ROCO:6103) is currently considered Possible Value Trap. The stock's GF Value™ is NT$58.78, compared to a current price of NT$28.25 — trading 51.9% below its estimated fair value. The current EBIT is NT$-8.21 Mil. AVID Electronics' overall GF Score™ is 63/100 with 3 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 AVID Electronics (ROCO:6103), the current EBIT is NT$-8.21 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 AVID Electronics (ROCO:6103) Overvalued in 2026?

Based on GuruFocus' analysis, AVID Electronics stock appears to be undervalued. The current stock price of NT$28.25 is trading 51.9% below its estimated GF Value™ of NT$58.78. GuruFocus considers AVID Electronics to be Possible Value Trap.

Key valuation signals for ROCO:6103:

  • EBIT: NT$-8.21 Mil
  • GF Value™: NT$58.78 vs. price of NT$28.25 (51.9% below fair value)
  • GF Score™: 63/100 with 3 warning signs

No single metric tells the full story. See the ROCO:6103 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

AVID Electronics Business Description

Address 8 Floor, No.11, Park Avenue II, Hsinchu Science Park, Hsinchu City, TWN, 300
AVID Electronics Corp designs and sells homemade Integrated Circuit solutions in Taiwan. The company provides integrated circuits for CD Discman, CD Boom box, Flash Memory Player Single Chip, audio power amplifier product line, wireless audio/speaker product line and LED lighting driver product line.
63GF Score

Get the complete analysis for ROCO:6103

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

NT$28.25
Price
NT$58.78
GF Value