Asia Cement (TPE:1102) EBIT: NT$14,023 Mil (TTM As of Dec. 2025)

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TPE:1102 Asia Cement Corp TPE:1102
83 GF Score
Price NT$34.20
GF Value NT$35.73
Valuation Fairly Valued
! 6 Warning Signs
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What is Asia Cement EBIT?

Asia Cement TPE:1102 -2.01% 83 EBIT is NT$14,023 Mil as of Dec. 2025. GuruFocus rates TPE:1102 with a GF Score™ of 83/100 and a GF Value™ of NT$35.73 (Fairly Valued). The stock has 6 warning signs investors should review.

Asia Cement's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$2,872 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$14,023 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Asia Cement's annualized ROC % for the quarter that ended in Dec. 2025 was 1.73%. Asia Cement's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 22.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Asia Cement's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 8.36%.


Asia Cement  (TPE:1102) EBIT Explanation

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

Asia Cement'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 )
=6519.52 * ( 1 - 25.39% )/( (284007.436 + 277555.037)/ 2 )
=4864.213872/280781.2365
=1.73 %

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))
=317375.202 - 10400.352 - ( 73014.84 - max(0, 71858.751 - 94826.165+73014.84))
=284007.436

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))
=324040.459 - 10670.541 - ( 73128.7 - max(0, 59418.487 - 95233.368+73128.7))
=277555.037

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

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

Asia Cement'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 )
=11486.232/( ( (43482.632 + max(7551.438, 0)) + (44590.549 + max(8048.825, 0)) )/ 2 )
=11486.232/( ( 51034.07 + 52639.374 )/ 2 )
=11486.232/51836.722
=22.16 %

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)
=(10835.977 + 7008.974 + 1051.976) - (10400.352 + 0 + 945.137)
=7551.438

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10584.802 + 7330.618 + 1858.579) - (10670.541 + 0 + 1054.633)
=8048.825

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=14023.109/167740.838
=8.36 %

* 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.


Asia Cement EBIT Related Terms


Asia Cement EBIT Historical Data

* Premium members only.

The historical data trend for Asia Cement'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.

Asia Cement EBIT Chart

Asia Cement 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 22,828.24 16,492.05 15,708.82 17,672.03 14,023.11

Asia Cement 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 5,500.78 2,125.85 4,306.06 4,719.65 2,871.56

TPE:1102 vs CRH, VMC, MLM: EBIT Comparison

For the Building Materials subindustry, Asia Cement'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.


Asia Cement EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Asia Cement's EV-to-EBIT distribution charts can be found below:

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


TPE:1102
83GF Score
Asia Cement Corp TPE:1102
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Asia Cement 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$14,023 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$14,023 Mil mean?
Asia Cement (TPE:1102) has a EBIT of NT$14,023 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Asia Cement.
Is Asia Cement's EBIT too high?
Asia Cement's current EBIT is NT$14,023 Mil. Overall, Asia Cement has a GF Score™ of 83/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Asia Cement's EBIT compare to CRH and VMC?
Asia Cement's EBIT of NT$14,023 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good EBIT depends on the Building Materials 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 Asia Cement. Asia Cement's current EBIT is NT$14,023 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Cement stock overvalued right now?
Based on GuruFocus' analysis, Asia Cement (TPE:1102) is currently considered Fairly Valued. The stock's GF Value™ is NT$35.73, compared to a current price of NT$34.20 — trading 4.3% below its estimated fair value. The current EBIT is NT$14,023 Mil. Asia Cement's overall GF Score™ is 83/100 with 6 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 Asia Cement (TPE:1102), the current EBIT is NT$14,023 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 Asia Cement (TPE:1102) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Cement stock appears to be undervalued. The current stock price of NT$34.20 is trading 4.3% below its estimated GF Value™ of NT$35.73. GuruFocus considers Asia Cement to be Fairly Valued.

Key valuation signals for TPE:1102:

  • EBIT: NT$14,023 Mil
  • GF Value™: NT$35.73 vs. price of NT$34.20 (4.3% below fair value)
  • GF Score™: 83/100 with 6 warning signs

No single metric tells the full story. See the TPE:1102 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Asia Cement Business Description

Address No. 207, Dunhua South Road, 30th-31st Floor, Section 2, Daan District, Taipei, TWN, 106
Asia Cement Corp manufactures and sells cement, concrete, and cement-related products to the construction and building industries, and engages in leasing activities. The company is also required to undertake reforestation activities in designated areas. Asia Cement's product portfolio includes Portland cement types I and II, cement clinker, ready-mix concrete, furnace powder, and plaster among others. Its reportable segments are as follows: Cement which derives key revenue, Electric Power, Investment, Engineering, Transportation, Stainless Steel, and Leasing. The majority of Its revenue comes from Taiwan and China.
83GF Score

Get the complete analysis for TPE:1102

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

NT$34.20
Price
NT$35.73
GF Value