Ocean Plastics Co (TPE:1321) EBIT: NT$-134 Mil (TTM As of Dec. 2025)


TPE:1321 Ocean Plastics Co Ltd TPE:1321
59 GF Score
Price NT$31.05
GF Value NT$25.20
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Ocean Plastics Co EBIT?

Ocean Plastics Co TPE:1321 +1.64% 59 EBIT is NT$-134 Mil as of Dec. 2025. GuruFocus rates TPE:1321 with a GF Score™ of 59/100 and a GF Value™ of NT$25.20 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Ocean Plastics Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$-69 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-134 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ocean Plastics Co's annualized ROC % for the quarter that ended in Dec. 2025 was -2.59%. Ocean Plastics Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -7.50%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ocean Plastics Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -1.36%.


Ocean Plastics Co  (TPE:1321) EBIT Explanation

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

Ocean Plastics Co'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 )
=-258.248 * ( 1 - 0% )/( (9968.861 + 9952.445)/ 2 )
=-258.248/9960.653
=-2.59 %

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))
=11432.973 - 511.155 - ( 1024.674 - max(0, 1056.127 - 2009.084+1024.674))
=9968.861

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))
=11382.31 - 500.406 - ( 1036.891 - max(0, 1045.267 - 1974.726+1036.891))
=9952.445

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

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

Ocean Plastics Co'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 )
=-277.348/( ( (3295.767 + max(428.283, 0)) + (3278.338 + max(392.568, 0)) )/ 2 )
=-277.348/( ( 3724.05 + 3670.906 )/ 2 )
=-277.348/3697.478
=-7.50 %

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)
=(438.866 + 498.934 + 46.61) - (511.155 + 0 + 44.972)
=428.283

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(448.136 + 453.805 + 35.894) - (500.406 + 0 + 44.861)
=392.568

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-133.951/9857.059
=-1.36 %

* 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.


Ocean Plastics Co EBIT Related Terms


Ocean Plastics Co EBIT Historical Data

* Premium members only.

The historical data trend for Ocean Plastics Co'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.

Ocean Plastics Co EBIT Chart

Ocean Plastics Co 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 367.61 10.35 252.11 308.74 -133.95

Ocean Plastics Co 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 46.44 -7.52 -57.40 0.31 -69.34

TPE:1321 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Ocean Plastics Co'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.


Ocean Plastics Co EV-to-EBIT vs Chemicals Industry

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

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


TPE:1321
59GF Score
Ocean Plastics Co Ltd TPE:1321
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ocean Plastics Co 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$-134 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$-134 Mil mean?
Ocean Plastics Co (TPE:1321) has a EBIT of NT$-134 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ocean Plastics Co.
Is Ocean Plastics Co's EBIT too high?
Ocean Plastics Co's current EBIT is NT$-134 Mil. Overall, Ocean Plastics Co has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ocean Plastics Co's EBIT compare to LIN and SHW?
Ocean Plastics Co's EBIT of NT$-134 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 Ocean Plastics Co. Ocean Plastics Co's current EBIT is NT$-134 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ocean Plastics Co stock overvalued right now?
Based on GuruFocus' analysis, Ocean Plastics Co (TPE:1321) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$25.20, compared to a current price of NT$31.05 — trading 23.2% above its estimated fair value. The current EBIT is NT$-134 Mil. Ocean Plastics Co's overall GF Score™ is 59/100 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 Ocean Plastics Co (TPE:1321), the current EBIT is NT$-134 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 Ocean Plastics Co (TPE:1321) Overvalued in 2026?

Based on GuruFocus' analysis, Ocean Plastics Co stock appears to be overvalued. The current stock price of NT$31.05 is trading 23.2% above its estimated GF Value™ of NT$25.20. GuruFocus considers Ocean Plastics Co to be Modestly Overvalued.

Key valuation signals for TPE:1321:

  • EBIT: NT$-134 Mil
  • GF Value™: NT$25.20 vs. price of NT$31.05 (23.2% above fair value)
  • GF Score™: 59/100 with 8 warning signs

No single metric tells the full story. See the TPE:1321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Ocean Plastics Co Business Description

Address No. 310, Juguang Road, 5th - 6th Floor, Wanhua District, Taipei, TWN, 108
Ocean Plastics Co Ltd is a Taiwan-based company, that engages in the manufacturing and selling of plastic raw materials, products, and plastic industry supplementary materials. Its products include plastic cloths, plastic pipe, plastic leather products, synthetic leather products, plastic construction materials, and plastic raw materials The company distributes its products in Taiwan, Japan, Vietnam China, India, and the United States, among others.
59GF Score

Get the complete analysis for TPE:1321

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

NT$31.05
Price
NT$25.20
GF Value