Nankang Rubber Tire (TPE:2101) EBIT: NT$1,281 Mil (TTM As of Dec. 2025)


TPE:2101 Nankang Rubber Tire Corp Ltd TPE:2101
63 GF Score
Price NT$34.00
GF Value NT$44.74
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Nankang Rubber Tire EBIT?

Nankang Rubber Tire TPE:2101 63 EBIT is NT$1,281 Mil as of Dec. 2025. GuruFocus rates TPE:2101 with a GF Score™ of 63/100 and a GF Value™ of NT$44.74 (Modestly Undervalued). The stock has 9 warning signs investors should review.

Nankang Rubber Tire's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$1,308 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,281 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nankang Rubber Tire's annualized ROC % for the quarter that ended in Dec. 2025 was 0.66%. Nankang Rubber Tire's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 19.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nankang Rubber Tire's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.04%.


Nankang Rubber Tire  (TPE:2101) EBIT Explanation

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

Nankang Rubber Tire'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 )
=303.308 * ( 1 - 6.77% )/( (42097.725 + 42991.052)/ 2 )
=282.7740484/42544.3885
=0.66 %

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))
=50611.165 - 6868.96 - ( 2446.166 - max(0, 38328.616 - 39973.096+2446.166))
=42097.725

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))
=54280.247 - 6005.652 - ( 5283.543 - max(0, 26917.183 - 42473.461+5283.543))
=42991.052

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

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

Nankang Rubber Tire'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 )
=5230.924/( ( (6973.394 + max(21137.63, 0)) + (6845.173 + max(18435.2, 0)) )/ 2 )
=5230.924/( ( 28111.024 + 25280.373 )/ 2 )
=5230.924/26695.6985
=19.59 %

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)
=(1296.65 + 32956.777 + 2437.281) - (6868.96 + 0 + 8684.118)
=21137.63

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1002.901 + 32988.455 + 2270.865) - (6005.652 + 0 + 11821.369)
=18435.2

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:

Nankang Rubber Tire's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1281.147/42182.332
=3.04 %

* 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.


Nankang Rubber Tire EBIT Related Terms


Nankang Rubber Tire EBIT Historical Data

* Premium members only.

The historical data trend for Nankang Rubber Tire'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.

Nankang Rubber Tire EBIT Chart

Nankang Rubber Tire 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 -127.17 -943.77 376.24 3,536.74 1,281.15

Nankang Rubber Tire 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 -134.27 -12.50 -176.41 162.32 1,307.73

TPE:2101 vs ORLY, AZO: EBIT Comparison

For the Auto Parts subindustry, Nankang Rubber Tire'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.


Nankang Rubber Tire EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Nankang Rubber Tire's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Nankang Rubber Tire's EV-to-EBIT falls into.


TPE:2101
63GF Score
Nankang Rubber Tire Corp Ltd TPE:2101
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Nankang Rubber Tire 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$1,281 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$1,281 Mil mean?
Nankang Rubber Tire (TPE:2101) has a EBIT of NT$1,281 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nankang Rubber Tire.
Is Nankang Rubber Tire's EBIT too high?
Nankang Rubber Tire's current EBIT is NT$1,281 Mil. Overall, Nankang Rubber Tire has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nankang Rubber Tire's EBIT compare to ORLY and AZO?
Nankang Rubber Tire's EBIT of NT$1,281 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 Nankang Rubber Tire. Nankang Rubber Tire's current EBIT is NT$1,281 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nankang Rubber Tire stock overvalued right now?
Based on GuruFocus' analysis, Nankang Rubber Tire (TPE:2101) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$44.74, compared to a current price of NT$34.00 — trading 24% below its estimated fair value. The current EBIT is NT$1,281 Mil. Nankang Rubber Tire's overall GF Score™ is 63/100 with 9 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 Nankang Rubber Tire (TPE:2101), the current EBIT is NT$1,281 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 Nankang Rubber Tire (TPE:2101) Overvalued in 2026?

Based on GuruFocus' analysis, Nankang Rubber Tire stock appears to be undervalued. The current stock price of NT$34.00 is trading 24% below its estimated GF Value™ of NT$44.74. GuruFocus considers Nankang Rubber Tire to be Modestly Undervalued.

Key valuation signals for TPE:2101:

  • EBIT: NT$1,281 Mil
  • GF Value™: NT$44.74 vs. price of NT$34.00 (24% below fair value)
  • GF Score™: 63/100 with 9 warning signs

No single metric tells the full story. See the TPE:2101 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Nankang Rubber Tire Business Description

Address Jen Ai Road, Suite 608, Floor 6, Number. 136, Sec. 3, Taipei, TWN
Nankang Rubber Tire Corp Ltd manufactures and sells tires and rubber supplies. The products offered by the company include Motorsport, sedan series, suv & 4x4, snow series, all-season tire series, light truck series, truck/trailer series, and two-wheel series. The reportable segments of the company are: Tire - Taiwan, Tire - China, Construction Department, and others. The segments of the company include: Tire-Taiwan, Tire-China, Construction, Department and Other. It derives maximum revenue from Tire-Taiwan segment. Its geographical segments are Taiwan, the United States, Europe, Other regions in Asia, and Others. The company derives maximum revenue from Europe.
63GF Score

Get the complete analysis for TPE:2101

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

NT$34.00
Price
NT$44.74
GF Value