Co-Tech Development (ROCO:8358) EBIT: NT$1,359 Mil (TTM As of Dec. 2025)

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ROCO:8358 Co-Tech Development Corp ROCO:8358
75 GF Score
Price NT$462.50
GF Value NT$93.36
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Co-Tech Development EBIT?

Co-Tech Development ROCO:8358 +0.54% 75 EBIT is NT$1,359 Mil as of Dec. 2025. GuruFocus rates ROCO:8358 with a GF Score™ of 75/100 and a GF Value™ of NT$93.36 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Co-Tech Development's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$494 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,359 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Co-Tech Development's annualized ROC % for the quarter that ended in Dec. 2025 was 19.76%. Co-Tech Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 28.79%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Co-Tech Development's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1.16%.


Co-Tech Development  (ROCO:8358) EBIT Explanation

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

Co-Tech Development'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 )
=1948.588 * ( 1 - 22.66% )/( (7419.377 + 7834.956)/ 2 )
=1507.0379592/7627.1665
=19.76 %

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))
=8791.817 - 778.079 - ( 594.361 - max(0, 1641.099 - 3588.63+594.361))
=7419.377

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))
=9446.129 - 866.526 - ( 744.647 - max(0, 1920.707 - 4153.003+744.647))
=7834.956

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

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

Co-Tech Development'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 )
=1977.656/( ( (4543.385 + max(2085.721, 0)) + (4625.643 + max(2482.11, 0)) )/ 2 )
=1977.656/( ( 6629.106 + 7107.753 )/ 2 )
=1977.656/6868.4295
=28.79 %

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)
=(2073.524 + 830.71 + 43.677) - (778.079 + 0 + 84.111)
=2085.721

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2387.909 + 941.086 + 77.895) - (866.526 + 0 + 58.254)
=2482.11

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:

Co-Tech Development's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1358.951/117032.715
=1.16 %

* 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.


Co-Tech Development EBIT Related Terms


Co-Tech Development EBIT Historical Data

* Premium members only.

The historical data trend for Co-Tech Development'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.

Co-Tech Development EBIT Chart

Co-Tech Development 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 1,910.98 1,190.21 678.72 1,183.11 1,358.95

Co-Tech Development 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 251.04 333.05 210.01 321.48 494.41

ROCO:8358 vs APH, GLW: EBIT Comparison

For the Electronic Components subindustry, Co-Tech Development'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.


Co-Tech Development EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Co-Tech Development's EV-to-EBIT distribution charts can be found below:

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


ROCO:8358
75GF Score
Co-Tech Development Corp ROCO:8358
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Co-Tech Development 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$1,359 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$1,359 Mil mean?
Co-Tech Development (ROCO:8358) has a EBIT of NT$1,359 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Co-Tech Development.
Is Co-Tech Development's EBIT too high?
Co-Tech Development's current EBIT is NT$1,359 Mil. Overall, Co-Tech Development has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Co-Tech Development's EBIT compare to APH and GLW?
Co-Tech Development's EBIT of NT$1,359 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Co-Tech Development. Co-Tech Development's current EBIT is NT$1,359 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Co-Tech Development stock overvalued right now?
Based on GuruFocus' analysis, Co-Tech Development (ROCO:8358) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$93.36, compared to a current price of NT$462.50 — trading 395.4% above its estimated fair value. The current EBIT is NT$1,359 Mil. Co-Tech Development's overall GF Score™ is 75/100 with 2 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 Co-Tech Development (ROCO:8358), the current EBIT is NT$1,359 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 Co-Tech Development (ROCO:8358) Overvalued in 2026?

Based on GuruFocus' analysis, Co-Tech Development stock appears to be overvalued. The current stock price of NT$462.50 is trading 395.4% above its estimated GF Value™ of NT$93.36. GuruFocus considers Co-Tech Development to be Significantly Overvalued.

Key valuation signals for ROCO:8358:

  • EBIT: NT$1,359 Mil
  • GF Value™: NT$93.36 vs. price of NT$462.50 (395.4% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the ROCO:8358 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Co-Tech Development Business Description

Address No. 392, Ruiguang Road, 18th Floor, Neihu District, Taipei, TWN, 114
Co-Tech Development Corp manufactures and sells standard, low profile and high-performance series of copper foil products to supply the printed circuit board industry. Its products include IT, 3C Products HDI, LED car lighting module, Server, Switch, Storage, Rigid-Flex PCB, Touch module, 3D face recognition, Automotive market, 5G Antenna Radar, ADAS, HDI / Rigid-Flex Board, Touch module, Wearable devices / VR, Augmented Reality, Mobile terminal, 3D face recognition, Communication module. The group has only copper foil segment operating in two principal geographical areas - Taiwan and China.
75GF Score

Get the complete analysis for ROCO:8358

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

NT$462.50
Price
NT$93.36
GF Value