MPI (ROCO:6223) EBIT: NT$3,916 Mil (TTM As of Dec. 2025)


ROCO:6223 MPI Corp ROCO:6223
75 GF Score
Price NT$6,500.00
GF Value NT$1,104.00
Valuation Significantly Overvalued
! 7 Warning Signs
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What is MPI EBIT?

MPI ROCO:6223 -5.87% 75 EBIT is NT$3,916 Mil as of Dec. 2025. GuruFocus rates ROCO:6223 with a GF Score™ of 75/100 and a GF Value™ of NT$1,104.00 (Significantly Overvalued). The stock has 7 warning signs investors should review.

MPI's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$1,154 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3,916 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. MPI's annualized ROC % for the quarter that ended in Dec. 2025 was 23.57%. MPI's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 45.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. MPI's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.62%.


MPI  (ROCO:6223) EBIT Explanation

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

MPI'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 )
=3838.632 * ( 1 - 17.6% )/( (12691.963 + 14146.988)/ 2 )
=3163.032768/13419.4755
=23.57 %

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))
=20756.856 - 2926.757 - ( 5138.136 - max(0, 5606.584 - 11793.946+5138.136))
=12691.963

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))
=24002.834 - 4418.457 - ( 5437.389 - max(0, 7569.357 - 13317.607+5437.389))
=14146.988

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

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

MPI'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 )
=4616.812/( ( (7700.263 + max(2202.303, 0)) + (8755.208 + max(1702.137, 0)) )/ 2 )
=4616.812/( ( 9902.566 + 10457.345 )/ 2 )
=4616.812/10179.9555
=45.35 %

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)
=(1921.1 + 4241.571 + 430.559) - (2926.757 + 0 + 1464.17)
=2202.303

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2371.084 + 5011.418 + 388.865) - (4418.457 + 0 + 1650.773)
=1702.137

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=3916.187/634655.644
=0.62 %

* 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.


MPI EBIT Related Terms


MPI EBIT Historical Data

* Premium members only.

The historical data trend for MPI'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.

MPI EBIT Chart

MPI 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 835.54 1,459.70 1,608.38 2,825.34 3,916.19

MPI 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 861.41 912.99 769.19 1,079.80 1,154.20

ROCO:6223 vs AMAT, LRCX, KLAC: EBIT Comparison

For the Semiconductor Equipment & Materials subindustry, MPI'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.


MPI EV-to-EBIT vs Semiconductors Industry

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

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


ROCO:6223
75GF Score
MPI Corp ROCO:6223
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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MPI 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$3,916 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$3,916 Mil mean?
MPI (ROCO:6223) has a EBIT of NT$3,916 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on MPI.
Is MPI's EBIT too high?
MPI's current EBIT is NT$3,916 Mil. Overall, MPI has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does MPI's EBIT compare to AMAT and LRCX?
MPI's EBIT of NT$3,916 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 MPI. MPI's current EBIT is NT$3,916 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MPI stock overvalued right now?
Based on GuruFocus' analysis, MPI (ROCO:6223) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$1,104.00, compared to a current price of NT$6,500.00 — trading 488.8% above its estimated fair value. The current EBIT is NT$3,916 Mil. MPI's overall GF Score™ is 75/100 with 7 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 MPI (ROCO:6223), the current EBIT is NT$3,916 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 MPI (ROCO:6223) Overvalued in 2026?

Based on GuruFocus' analysis, MPI stock appears to be overvalued. The current stock price of NT$6,500.00 is trading 488.8% above its estimated GF Value™ of NT$1,104.00. GuruFocus considers MPI to be Significantly Overvalued.

Key valuation signals for ROCO:6223:

  • EBIT: NT$3,916 Mil
  • GF Value™: NT$1,104.00 vs. price of NT$6,500.00 (488.8% above fair value)
  • GF Score™: 75/100 with 7 warning signs

No single metric tells the full story. See the ROCO:6223 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MPI Business Description

Address No.155, Zhonghe Street, Hsinchu County, Zhubei, TWN
MPI Corp is a provider of test and measurement solutions. The company and its subsidiaries are engaged in manufacturing, processing, maintenance, import/export and trading of semi-conductor production process and testing equipments. Its product and technology portfolio covers the entire lifecycle of integrated circuits (ICs), providing comprehensive and systematic integrated services from early component characterization and modeling, reliability verification and product certification, to mass production testing. The company comprises five business units: probe card testing, semiconductor testing, high and low temperature testing, Celadon Systems high-performance probe card engineering testing, and Focus Microwaves RF and millimeter-wave measurement technology.
75GF Score

Get the complete analysis for ROCO:6223

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

NT$6,500.00
Price
NT$1,104.00
GF Value