Wafer Works (ROCO:6182) EBIT: NT$750 Mil (TTM As of Dec. 2025)

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ROCO:6182 Wafer Works Corp ROCO:6182
60 GF Score
Price NT$149.50
GF Value NT$33.54
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Wafer Works EBIT?

Wafer Works ROCO:6182 -9.94% 60 EBIT is NT$750 Mil as of Dec. 2025. GuruFocus rates ROCO:6182 with a GF Score™ of 60/100 and a GF Value™ of NT$33.54 (Significantly Overvalued). The stock has 9 warning signs investors should review.

Wafer Works's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$261 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$750 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Wafer Works's annualized ROC % for the quarter that ended in Dec. 2025 was 2.08%. Wafer Works's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Wafer Works's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.73%.


Wafer Works  (ROCO:6182) EBIT Explanation

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

Wafer Works'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 )
=746.792 * ( 1 - 20.11% )/( (26910.845 + 30375.113)/ 2 )
=596.6121288/28642.979
=2.08 %

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))
=35113.961 - 2459.803 - ( 5743.313 - max(0, 3692.984 - 11071.417+5743.313))
=26910.845

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))
=38915.924 - 3385.47 - ( 5155.341 - max(0, 5392.359 - 10964.596+5155.341))
=30375.113

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

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

Wafer Works'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 )
=1044.568/( ( (23429.446 + max(2408.887, 0)) + (27297.704 + max(1998.981, 0)) )/ 2 )
=1044.568/( ( 25838.333 + 29296.685 )/ 2 )
=1044.568/27567.509
=3.79 %

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)
=(1997.107 + 2620.35 + 608.501) - (2459.803 + 0 + 357.268)
=2408.887

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1824.687 + 2999.493 + 868.346) - (3385.47 + 0 + 308.075)
=1998.981

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:

Wafer Works's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=749.879/103366.225
=0.73 %

* 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.


Wafer Works EBIT Related Terms


Wafer Works EBIT Historical Data

* Premium members only.

The historical data trend for Wafer Works'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.

Wafer Works EBIT Chart

Wafer Works 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 2,047.68 3,967.44 1,688.72 535.25 749.88

Wafer Works 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 141.39 167.69 102.67 218.38 261.14

ROCO:6182 vs AMAT, LRCX, KLAC: EBIT Comparison

For the Semiconductor Equipment & Materials subindustry, Wafer Works'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.


Wafer Works EV-to-EBIT vs Semiconductors Industry

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

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


ROCO:6182
60GF Score
Wafer Works Corp ROCO:6182
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Wafer Works 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$750 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$750 Mil mean?
Wafer Works (ROCO:6182) has a EBIT of NT$750 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Wafer Works.
Is Wafer Works' EBIT too high?
Wafer Works' current EBIT is NT$750 Mil. Overall, Wafer Works has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Wafer Works' EBIT compare to AMAT and LRCX?
Wafer Works' EBIT of NT$750 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 Wafer Works. Wafer Works's current EBIT is NT$750 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wafer Works stock overvalued right now?
Based on GuruFocus' analysis, Wafer Works (ROCO:6182) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$33.54, compared to a current price of NT$149.50 — trading 345.7% above its estimated fair value. The current EBIT is NT$750 Mil. Wafer Works' overall GF Score™ is 60/100 with 9 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 Wafer Works (ROCO:6182), the current EBIT is NT$750 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 Wafer Works (ROCO:6182) Overvalued in 2026?

Based on GuruFocus' analysis, Wafer Works stock appears to be overvalued. The current stock price of NT$149.50 is trading 345.7% above its estimated GF Value™ of NT$33.54. GuruFocus considers Wafer Works to be Significantly Overvalued.

Key valuation signals for ROCO:6182:

  • EBIT: NT$750 Mil
  • GF Value™: NT$33.54 vs. price of NT$149.50 (345.7% above fair value)
  • GF Score™: 60/100 with 9 warning signs

No single metric tells the full story. See the ROCO:6182 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Wafer Works Business Description

Address No. 100, Longyuan 1st Road, Longtan Science Park, Taoyuan, TWN, 32542
Wafer Works Corp is a Taiwan-based company principally engaged in the R&D, design, manufacturing, and sales of semiconductor materials; the technique consulting business, service business, and trading for the above items. Its customized silicon wafer services are Polished wafers, Leijingjingyuan, SOI wafers, Gallium nitride epitaxial wafers, and Custom wafers. Its geographical segments include Taiwan, China (including Hong Kong), the United States, and Other countries. It generates the majority of its revenue from Taiwan. The Group's revenue is derived from the manufacture and sale of semiconductor wafers.
60GF Score

Get the complete analysis for ROCO:6182

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

NT$149.50
Price
NT$33.54
GF Value