Hwacom Systems (ROCO:6163) EBIT: NT$162 Mil (TTM As of Dec. 2025)

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ROCO:6163 Hwacom Systems Inc ROCO:6163
55 GF Score
Price NT$41.00
GF Value NT$33.78
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Hwacom Systems EBIT?

Hwacom Systems ROCO:6163 55 EBIT is NT$162 Mil as of Dec. 2025. GuruFocus rates ROCO:6163 with a GF Score™ of 55/100 and a GF Value™ of NT$33.78 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Hwacom Systems's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$171 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$162 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hwacom Systems's annualized ROC % for the quarter that ended in Dec. 2025 was 10.01%. Hwacom Systems's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 39.22%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hwacom Systems's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 2.83%.


Hwacom Systems  (ROCO:6163) EBIT Explanation

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

Hwacom Systems'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 )
=488.324 * ( 1 - 21.7% )/( (3886.534 + 3750.335)/ 2 )
=382.357692/3818.4345
=10.01 %

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))
=6186.449 - 1427.584 - ( 872.331 - max(0, 3321.496 - 5212.185+872.331))
=3886.534

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))
=6854.807 - 1485.269 - ( 1619.203 - max(0, 3609.727 - 5787.84+1619.203))
=3750.335

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

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

Hwacom Systems'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 )
=684.712/( ( (304.723 + max(1697.677, 0)) + (295.658 + max(1193.608, 0)) )/ 2 )
=684.712/( ( 2002.4 + 1489.266 )/ 2 )
=684.712/1745.833
=39.22 %

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)
=(1237.42 + 2429.768 + 526.256) - (1427.584 + 0 + 1068.183)
=1697.677

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1177.881 + 2028.083 + 650.488) - (1485.269 + 0 + 1177.575)
=1193.608

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:

Hwacom Systems's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=161.946/5718.397
=2.83 %

* 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.


Hwacom Systems EBIT Related Terms


Hwacom Systems EBIT Historical Data

* Premium members only.

The historical data trend for Hwacom Systems'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.

Hwacom Systems EBIT Chart

Hwacom Systems 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 235.59 177.68 83.50 188.15 161.95

Hwacom Systems 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 186.50 35.63 -90.52 45.66 171.18

ROCO:6163 vs VZ, TMUS, T: EBIT Comparison

For the Telecom Services subindustry, Hwacom Systems'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.


Hwacom Systems EV-to-EBIT vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Hwacom Systems's EV-to-EBIT distribution charts can be found below:

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


ROCO:6163
55GF Score
Hwacom Systems Inc ROCO:6163
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hwacom Systems 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$162 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$162 Mil mean?
Hwacom Systems (ROCO:6163) has a EBIT of NT$162 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hwacom Systems.
Is Hwacom Systems' EBIT too high?
Hwacom Systems' current EBIT is NT$162 Mil. Overall, Hwacom Systems has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hwacom Systems' EBIT compare to VZ and TMUS?
Hwacom Systems' EBIT of NT$162 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good EBIT depends on the Telecommunication Services 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 Hwacom Systems. Hwacom Systems's current EBIT is NT$162 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hwacom Systems stock overvalued right now?
Based on GuruFocus' analysis, Hwacom Systems (ROCO:6163) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$33.78, compared to a current price of NT$41.00 — trading 21.4% above its estimated fair value. The current EBIT is NT$162 Mil. Hwacom Systems' overall GF Score™ is 55/100 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 Hwacom Systems (ROCO:6163), the current EBIT is NT$162 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 Hwacom Systems (ROCO:6163) Overvalued in 2026?

Based on GuruFocus' analysis, Hwacom Systems stock appears to be overvalued. The current stock price of NT$41.00 is trading 21.4% above its estimated GF Value™ of NT$33.78. GuruFocus considers Hwacom Systems to be Modestly Overvalued.

Key valuation signals for ROCO:6163:

  • EBIT: NT$162 Mil
  • GF Value™: NT$33.78 vs. price of NT$41.00 (21.4% above fair value)
  • GF Score™: 55/100 with 5 warning signs

No single metric tells the full story. See the ROCO:6163 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hwacom Systems Business Description

Address No. 108, Xintai 5th Road, Section 1, 11th Floor, Xizhi District, New Taipei City, TWN
Hwacom Systems Inc main business activities include telecommunication integration system services, IP broadband network services, media industry services, smart city businesses, and enterprise customer services. Its products include AgileTV, AMS - Airport Terminal Operations Management System, Arista, Ateme, and AWS. The Company is committed to providing products and services in four areas: information and communication technology, digital media, smart applications and cybersecurity.
55GF Score

Get the complete analysis for ROCO:6163

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

NT$41.00
Price
NT$33.78
GF Value