Daqo New Energy (STU:5DQ2) EBIT: €-265.3 Mil (TTM As of Mar. 2026)


STU:5DQ2 Daqo New Energy Corp STU:5DQ2
75 GF Score
Price €11.30
GF Value €7.86
Valuation Significantly Overvalued
! 3 Warning Signs
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What is Daqo New Energy EBIT?

Daqo New Energy STU:5DQ2 +1.80% 75 EBIT is €-265.3 Mil as of Mar. 2026. GuruFocus rates STU:5DQ2 with a GF Score™ of 75/100 and a GF Value™ of €7.86 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Daqo New Energy's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €-130.5 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €-265.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Daqo New Energy's annualized ROC % for the quarter that ended in Mar. 2026 was -12.56%. Daqo New Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -16.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Daqo New Energy's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -54.02%.


Daqo New Energy  (STU:5DQ2) EBIT Explanation

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

Daqo New Energy's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-521.808 * ( 1 - 15.1% )/( (3550.192 + 3505.241)/ 2 )
=-443.014992/3527.7165
=-12.56 %

where

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))
=5507.724 - 298.73 - ( 1658.802 - max(0, 428.385 - 2302.535+1658.802))
=3550.192

Invested Capital(Q: Mar. 2026 )
=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))
=5483.475 - 320.146 - ( 1658.088 - max(0, 368.263 - 2215.996+1658.088))
=3505.241

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Daqo New Energy's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-521.808/( ( (2902.793 + max(187.607, 0)) + (2937.94 + max(189.645, 0)) )/ 2 )
=-521.808/( ( 3090.4 + 3127.585 )/ 2 )
=-521.808/3108.9925
=-16.78 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 144.414 + 383.586) - (298.73 + 41.663 + -5.6843418860808E-14)
=187.607

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(17.974 + 223.416 + 316.518) - (320.146 + 20.365 + 27.752)
=189.645

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Daqo New Energy's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-265.285/491.061
=-54.02 %

* 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.


Daqo New Energy EBIT Related Terms


Daqo New Energy EBIT Historical Data

* Premium members only.

The historical data trend for Daqo New Energy'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.

Daqo New Energy EBIT Chart

Daqo New Energy 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 930.51 2,870.35 718.41 -370.98 -230.78

Daqo New Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -105.50 -99.69 -17.30 -17.84 -130.45

STU:5DQ2 vs ASYS, ATOM, INTT: EBIT Comparison

For the Semiconductor Equipment & Materials subindustry, Daqo New Energy'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.


Daqo New Energy EV-to-EBIT vs Semiconductors Industry

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

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


STU:5DQ2
75GF Score
Daqo New Energy Corp STU:5DQ2
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Daqo New Energy 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €-265.3 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 €-265.3 Mil mean?
Daqo New Energy (STU:5DQ2) has a EBIT of €-265.3 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Daqo New Energy.
Is Daqo New Energy's EBIT too high?
Daqo New Energy's current EBIT is €-265.3 Mil. Overall, Daqo New Energy has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Daqo New Energy's EBIT compare to ASYS and ATOM?
Daqo New Energy's EBIT of €-265.3 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 Daqo New Energy. Daqo New Energy's current EBIT is €-265.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Daqo New Energy stock overvalued right now?
Based on GuruFocus' analysis, Daqo New Energy (STU:5DQ2) is currently considered Significantly Overvalued. The stock's GF Value™ is €7.86, compared to a current price of €11.30 — trading 43.8% above its estimated fair value. The current EBIT is €-265.3 Mil. Daqo New Energy's overall GF Score™ is 75/100 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 Daqo New Energy (STU:5DQ2), the current EBIT is €-265.3 Mil as of Mar. 2026. 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 Daqo New Energy (STU:5DQ2) Overvalued in 2026?

Based on GuruFocus' analysis, Daqo New Energy stock appears to be overvalued. The current stock price of €11.30 is trading 43.8% above its estimated GF Value™ of €7.86. GuruFocus considers Daqo New Energy to be Significantly Overvalued.

Key valuation signals for STU:5DQ2:

  • EBIT: €-265.3 Mil
  • GF Value™: €7.86 vs. price of €11.30 (43.8% above fair value)
  • GF Score™: 75/100 with 3 warning signs

No single metric tells the full story. See the STU:5DQ2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Daqo New Energy Business Description

Other Exchanges DQ:USA0I74:UK
Address No. 838 Zhangyang Road, 29th Floor, Unit 29, Huadu Mansion, Pudong, Shanghai, CHN, 200122
Daqo New Energy Corp is a polysilicon manufacturer based in China. The company manufactures and sells high-purity polysilicon to manufacturers who use it to make ingots, cells, and modules for solar power solutions. The polysilicon is packaged to meet crucible stacking, pulling, and solidification needs. All of the company's revenues come from the People's Republic of China.
75GF Score

Get the complete analysis for STU:5DQ2

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

€11.30
Price
€7.86
GF Value