Kenda Rubber Industrial Co (TPE:2106) EBIT: NT$884 Mil (TTM As of Dec. 2025)


TPE:2106 Kenda Rubber Industrial Co Ltd TPE:2106
59 GF Score
Price NT$16.95
GF Value NT$27.61
Valuation Possible Value Trap
! 6 Warning Signs
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What is Kenda Rubber Industrial Co EBIT?

Kenda Rubber Industrial Co TPE:2106 +0.30% 59 EBIT is NT$884 Mil as of Dec. 2025. GuruFocus rates TPE:2106 with a GF Score™ of 59/100 and a GF Value™ of NT$27.61 (Possible Value Trap). The stock has 6 warning signs investors should review.

Kenda Rubber Industrial Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$250 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$884 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kenda Rubber Industrial Co's annualized ROC % for the quarter that ended in Dec. 2025 was 0.78%. Kenda Rubber Industrial Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.69%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kenda Rubber Industrial Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 3.38%.


Kenda Rubber Industrial Co  (TPE:2106) EBIT Explanation

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

Kenda Rubber Industrial 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 )
=498.544 * ( 1 - 51.03% )/( (30739.176 + 31716.812)/ 2 )
=244.1369968/31227.994
=0.78 %

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))
=44236.774 - 3988.929 - ( 9508.669 - max(0, 9416.394 - 23520.084+9508.669))
=30739.176

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))
=45493.123 - 3999.972 - ( 9776.339 - max(0, 8994.066 - 24410.111+9776.339))
=31716.812

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

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

Kenda Rubber Industrial 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 )
=1001.576/( ( (17366.234 + max(9207.346, 0)) + (17868.937 + max(9861.845, 0)) )/ 2 )
=1001.576/( ( 26573.58 + 27730.782 )/ 2 )
=1001.576/27152.181
=3.69 %

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)
=(3943.113 + 9300.062 + 562.141) - (3988.929 + 0 + 609.041)
=9207.346

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3650.047 + 10117.992 + 665.409) - (3999.972 + 0 + 571.631)
=9861.845

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:

Kenda Rubber Industrial Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=883.608/26116.021
=3.38 %

* 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.


Kenda Rubber Industrial Co EBIT Related Terms


Kenda Rubber Industrial Co EBIT Historical Data

* Premium members only.

The historical data trend for Kenda Rubber Industrial 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.

Kenda Rubber Industrial Co EBIT Chart

Kenda Rubber Industrial 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 1,870.22 1,083.93 1,862.95 2,105.42 883.61

Kenda Rubber Industrial 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 319.15 273.91 96.48 262.82 250.39

TPE:2106 vs ORLY, AZO: EBIT Comparison

For the Auto Parts subindustry, Kenda Rubber Industrial 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.


Kenda Rubber Industrial Co EV-to-EBIT vs Vehicles & Parts Industry

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

* The bar in red indicates where Kenda Rubber Industrial Co's EV-to-EBIT falls into.


TPE:2106
59GF Score
Kenda Rubber Industrial Co Ltd TPE:2106
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Kenda Rubber Industrial 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$884 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$884 Mil mean?
Kenda Rubber Industrial Co (TPE:2106) has a EBIT of NT$884 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kenda Rubber Industrial Co.
Is Kenda Rubber Industrial Co's EBIT too high?
Kenda Rubber Industrial Co's current EBIT is NT$884 Mil. Overall, Kenda Rubber Industrial Co has a GF Score™ of 59/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kenda Rubber Industrial Co's EBIT compare to ORLY and AZO?
Kenda Rubber Industrial Co's EBIT of NT$884 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 Kenda Rubber Industrial Co. Kenda Rubber Industrial Co's current EBIT is NT$884 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kenda Rubber Industrial Co stock overvalued right now?
Based on GuruFocus' analysis, Kenda Rubber Industrial Co (TPE:2106) is currently considered Possible Value Trap. The stock's GF Value™ is NT$27.61, compared to a current price of NT$16.95 — trading 38.6% below its estimated fair value. The current EBIT is NT$884 Mil. Kenda Rubber Industrial Co's overall GF Score™ is 59/100 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 Kenda Rubber Industrial Co (TPE:2106), the current EBIT is NT$884 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 Kenda Rubber Industrial Co (TPE:2106) Overvalued in 2026?

Based on GuruFocus' analysis, Kenda Rubber Industrial Co stock appears to be undervalued. The current stock price of NT$16.95 is trading 38.6% below its estimated GF Value™ of NT$27.61. GuruFocus considers Kenda Rubber Industrial Co to be Possible Value Trap.

Key valuation signals for TPE:2106:

  • EBIT: NT$884 Mil
  • GF Value™: NT$27.61 vs. price of NT$16.95 (38.6% below fair value)
  • GF Score™: 59/100 with 6 warning signs

No single metric tells the full story. See the TPE:2106 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kenda Rubber Industrial Co Business Description

Address Zhongshan Road, No. 146, Section 1, Changhua County, Yuanlin, TWN, 510
Kenda Rubber Industrial Co Ltd is engaged in the manufacturing and trading of rubber products such as inner tubes and tires of bicycles, scooters, industrial trucks, cars, and various products of carbon fiber. The company operates in four geographical areas such as China, the united states, Taiwan and Vietnam. The majority of the revenue is earn from united states.
59GF Score

Get the complete analysis for TPE:2106

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

NT$16.95
Price
NT$27.61
GF Value