Formosa Plastics (TPE:1301) EBIT: NT$-3,859 Mil (TTM As of Mar. 2026)


TPE:1301 Formosa Plastics Corp TPE:1301
63 GF Score
Price NT$52.20
GF Value NT$44.35
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Formosa Plastics EBIT?

Formosa Plastics TPE:1301 -10.00% 63 EBIT is NT$-3,859 Mil as of Mar. 2026. GuruFocus rates TPE:1301 with a GF Score™ of 63/100 and a GF Value™ of NT$44.35 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Formosa Plastics's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was NT$4,121 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was NT$-3,859 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Formosa Plastics's annualized ROC % for the quarter that ended in Mar. 2026 was -1.18%. Formosa Plastics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Formosa Plastics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -1.17%.


Formosa Plastics  (TPE:1301) EBIT Explanation

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

Formosa Plastics'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 )
=-5894.892 * ( 1 - 3.26% )/( (464540.084 + 498554.109)/ 2 )
=-5702.7185208/481547.0965
=-1.18 %

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))
=557502.008 - 13365.649 - ( 118769.344 - max(0, 75827.629 - 155423.904+118769.344))
=464540.084

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))
=593528.01 - 15582.645 - ( 133178.756 - max(0, 95826.345 - 175217.601+133178.756))
=498554.109

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

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

Formosa Plastics'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 )
=16483.592/( ( (126471.82 + max(8604.512, 0)) + (130906.067 + max(6135.859, 0)) )/ 2 )
=16483.592/( ( 135076.332 + 137041.926 )/ 2 )
=16483.592/136059.129
=12.12 %

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)
=(10514.777 + 17297.286 + 4112.151) - (13365.649 + 0 + 9954.053)
=8604.512

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10456.873 + 19807.664 + 4501.014) - (15582.645 + 0 + 13047.047)
=6135.859

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-3858.677/330337.764
=-1.17 %

* 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.


Formosa Plastics EBIT Related Terms


Formosa Plastics EBIT Historical Data

* Premium members only.

The historical data trend for Formosa Plastics'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.

Formosa Plastics EBIT Chart

Formosa Plastics 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 86,747.25 44,831.44 9,110.60 822.61 -7,019.37

Formosa Plastics 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 960.21 -6,033.66 184.87 -2,130.78 4,120.90

TPE:1301 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Formosa Plastics'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.


Formosa Plastics EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Formosa Plastics's EV-to-EBIT distribution charts can be found below:

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


TPE:1301
63GF Score
Formosa Plastics Corp TPE:1301
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formosa Plastics 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 NT$-3,859 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$-3,859 Mil mean?
Formosa Plastics (TPE:1301) has a EBIT of NT$-3,859 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Formosa Plastics.
Is Formosa Plastics' EBIT too high?
Formosa Plastics' current EBIT is NT$-3,859 Mil. Overall, Formosa Plastics has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Plastics' EBIT compare to LIN and SHW?
Formosa Plastics' EBIT of NT$-3,859 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Formosa Plastics. Formosa Plastics's current EBIT is NT$-3,859 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Plastics stock overvalued right now?
Based on GuruFocus' analysis, Formosa Plastics (TPE:1301) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$44.35, compared to a current price of NT$52.20 — trading 17.7% above its estimated fair value. The current EBIT is NT$-3,859 Mil. Formosa Plastics' overall GF Score™ is 63/100 with 8 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 Formosa Plastics (TPE:1301), the current EBIT is NT$-3,859 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 Formosa Plastics (TPE:1301) Overvalued in 2026?

Based on GuruFocus' analysis, Formosa Plastics stock appears to be overvalued. The current stock price of NT$52.20 is trading 17.7% above its estimated GF Value™ of NT$44.35. GuruFocus considers Formosa Plastics to be Modestly Overvalued.

Key valuation signals for TPE:1301:

  • EBIT: NT$-3,859 Mil
  • GF Value™: NT$44.35 vs. price of NT$52.20 (17.7% above fair value)
  • GF Score™: 63/100 with 8 warning signs

No single metric tells the full story. See the TPE:1301 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosa Plastics Business Description

Address No. 100, Shuiguan Road, Renwu District, Kaohsiung, TWN, 814
Formosa Plastics Corp is a holding company that, through its subsidiaries, manufactures and sells plastic-based products, chemical fibers, and petrochemicals. The company operates in five reportable segments: Plastics Division, Polyolefins Division, Polypropylene Division, Tairylan Division, and Chemical Division. The majority of revenue is derived from the Plastic division. Geographically, the company operates in Taiwan, mainland China, and other countries, with the maximum revenue generated from Taiwan.
63GF Score

Get the complete analysis for TPE:1301

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

NT$52.20
Price
NT$44.35
GF Value