TGLVY (Top Glove Bhd) EBIT: $66.3 Mil (TTM As of May. 2026)


TGLVY Top Glove Corp Bhd TGLVY
73 GF Score
Price $0.70
GF Value $1.19
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Top Glove Bhd EBIT?

Top Glove Bhd TGLVY 73 EBIT is $66.3 Mil as of May. 2026. GuruFocus rates TGLVY with a GF Score™ of 73/100 and a GF Value™ of $1.19 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Top Glove Bhd's earnings before interest and taxes (EBIT) for the three months ended in May. 2026 was $27.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in May. 2026 was $66.3 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Top Glove Bhd's annualized ROC % for the quarter that ended in May. 2026 was 8.89%. Top Glove Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 was 11.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Top Glove Bhd's Earnings Yield (Joel Greenblatt) % for the quarter that ended in May. 2026 was 4.61%.


Top Glove Bhd  (OTCPK:TGLVY) EBIT Explanation

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

Top Glove Bhd's annualized ROC % for the quarter that ended in May. 2026 is calculated as:

ROC % (Q: May. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Feb. 2026 ) + Invested Capital (Q: May. 2026 ))/ count )
=146.1 * ( 1 - 19.98% )/( (1322.067 + 1309.089)/ 2 )
=116.90922/1315.578
=8.89 %

where

Invested Capital(Q: Feb. 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))
=1615.754 - 118.681 - ( 175.006 - max(0, 153.325 - 412.37+175.006))
=1322.067

Invested Capital(Q: May. 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))
=1665.606 - 161.443 - ( 195.074 - max(0, 199.044 - 500.128+195.074))
=1309.089

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

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

Top Glove Bhd's annualized ROC (Joel Greenblatt) % for the quarter that ended in May. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: May. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Feb. 2026  Q: May. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=111.024/( ( (853.394 + max(93.198, 0)) + (819.433 + max(116.296, 0)) )/ 2 )
=111.024/( ( 946.592 + 935.729 )/ 2 )
=111.024/941.1605
=11.80 %

where Working Capital is:

Working Capital(Q: Feb. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(138.145 + 81.522 + 17.697) - (118.681 + 0 + 25.485)
=93.198

Working Capital(Q: May. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(160.52 + 124.079 + 20.455) - (161.443 + 0 + 27.315)
=116.296

When net working capital is negative, 0 is used.

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

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

Top Glove Bhd's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: May. 2026 )
=66.332/1437.676
=4.61 %

* 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.


Top Glove Bhd EBIT Related Terms


Top Glove Bhd EBIT Historical Data

* Premium members only.

The historical data trend for Top Glove Bhd'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.

Top Glove Bhd EBIT Chart

Top Glove Bhd Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,380.37 81.28 -192.60 -4.85 40.33

Top Glove Bhd Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 9.57 13.49 13.01 12.08 27.76

TGLVY vs ISRG, BDX, MDLN: EBIT Comparison

For the Medical Instruments & Supplies subindustry, Top Glove Bhd'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.


Top Glove Bhd EV-to-EBIT vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Top Glove Bhd's EV-to-EBIT distribution charts can be found below:

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


TGLVY
73GF Score
Top Glove Corp Bhd TGLVY
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Top Glove Bhd 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 May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $66.3 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 $66.3 Mil mean?
Top Glove Bhd (TGLVY) has a EBIT of $66.3 Mil as of May. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Top Glove Bhd.
Is Top Glove Bhd's EBIT too high?
Top Glove Bhd's current EBIT is $66.3 Mil. Overall, Top Glove Bhd has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Top Glove Bhd's EBIT compare to ISRG and BDX?
Top Glove Bhd's EBIT of $66.3 Mil can be compared against companies in the Medical Devices & Instruments 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 Medical Devices & Instruments company?
A good EBIT depends on the Medical Devices & Instruments 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 Top Glove Bhd. Top Glove Bhd's current EBIT is $66.3 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Top Glove Bhd stock overvalued right now?
Based on GuruFocus' analysis, Top Glove Bhd (TGLVY) is currently considered Significantly Undervalued. The stock's GF Value™ is $1.19, compared to a current price of $0.70 — trading 40.9% below its estimated fair value. The current EBIT is $66.3 Mil. Top Glove Bhd's overall GF Score™ is 73/100 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 Top Glove Bhd (TGLVY), the current EBIT is $66.3 Mil as of May. 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 Top Glove Bhd (TGLVY) Overvalued in 2026?

Based on GuruFocus' analysis, Top Glove Bhd stock appears to be undervalued. The current stock price of $0.70 is trading 40.9% below its estimated GF Value™ of $1.19. GuruFocus considers Top Glove Bhd to be Significantly Undervalued.

Key valuation signals for TGLVY:

  • EBIT: $66.3 Mil
  • GF Value™: $1.19 vs. price of $0.70 (40.9% below fair value)
  • GF Score™: 73/100 with 3 warning signs

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


Top Glove Bhd Business Description

Address 16, Persiaran Setia Dagang, Top Glove Tower, Level 21, Setia Alam, Seksyen U13, Shah Alam, SGR, MYS, 40170
Top Glove Corp Bhd is an investment holding company. Along with its subsidiaries, the company is engaged in the manufacturing and sales of gloves through several product lines to diverse customers in various countries. Some of the different glove options include latex, nitrile, vinyl, PE, Polychloroprene, Polyisoprene, Flexylon, HDPE and surgical. It serves various sectors including healthcare, industrial, and Food and Beverage sectors. The company has four reportable operating segments based on its geographical areas: Malaysia, Thailand, People's Republic of China and Others. The majority of revenue is generated from Malaysia.
73GF Score

Get the complete analysis for TGLVY

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

$0.70
Price
$1.19
GF Value