Formosan Rubber Group (TPE:2107) EBIT: NT$612 Mil (TTM As of Dec. 2025)


TPE:2107 Formosan Rubber Group Inc TPE:2107
73 GF Score
Price NT$25.85
GF Value NT$24.47
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Formosan Rubber Group EBIT?

Formosan Rubber Group TPE:2107 +1.37% 73 EBIT is NT$612 Mil as of Dec. 2025. GuruFocus rates TPE:2107 with a GF Score™ of 73/100 and a GF Value™ of NT$24.47 (Fairly Valued). The stock has 4 warning signs investors should review.

Formosan Rubber Group's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$89 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$612 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Formosan Rubber Group's annualized ROC % for the quarter that ended in Dec. 2025 was 1.83%. Formosan Rubber Group's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 10.20%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Formosan Rubber Group's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 33.43%.


Formosan Rubber Group  (TPE:2107) EBIT Explanation

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

Formosan Rubber Group'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 )
=248.096 * ( 1 - 41.92% )/( (7884.572 + 7853.386)/ 2 )
=144.0941568/7868.979
=1.83 %

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))
=15013.785 - 253.221 - ( 6875.992 - max(0, 1528.312 - 9920.171+6875.992))
=7884.572

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))
=15414.829 - 291.261 - ( 7270.182 - max(0, 1455.89 - 10661.095+7270.182))
=7853.386

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

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

Formosan Rubber Group'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 )
=355.532/( ( (747.552 + max(2569.033, 0)) + (742.705 + max(2913.979, 0)) )/ 2 )
=355.532/( ( 3316.585 + 3656.684 )/ 2 )
=355.532/3486.6345
=10.20 %

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)
=(104.233 + 2737.875 + 37.633) - (253.221 + 0 + 57.487)
=2569.033

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(106.558 + 3101.069 + 38.703) - (291.261 + 0 + 41.09)
=2913.979

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=611.503/1829.259
=33.43 %

* 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.


Formosan Rubber Group EBIT Related Terms


Formosan Rubber Group EBIT Historical Data

* Premium members only.

The historical data trend for Formosan Rubber Group'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.

Formosan Rubber Group EBIT Chart

Formosan Rubber Group 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 827.37 839.09 618.53 673.79 611.50

Formosan Rubber Group 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 61.54 150.68 168.25 203.70 88.88

TPE:2107 vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Formosan Rubber Group'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.


Formosan Rubber Group EV-to-EBIT vs Chemicals Industry

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

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


TPE:2107
73GF Score
Formosan Rubber Group Inc TPE:2107
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formosan Rubber Group 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$612 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$612 Mil mean?
Formosan Rubber Group (TPE:2107) has a EBIT of NT$612 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Formosan Rubber Group.
Is Formosan Rubber Group's EBIT too high?
Formosan Rubber Group's current EBIT is NT$612 Mil. Overall, Formosan Rubber Group has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Formosan Rubber Group's EBIT compare to LIN and SHW?
Formosan Rubber Group's EBIT of NT$612 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 Formosan Rubber Group. Formosan Rubber Group's current EBIT is NT$612 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosan Rubber Group stock overvalued right now?
Based on GuruFocus' analysis, Formosan Rubber Group (TPE:2107) is currently considered Fairly Valued. The stock's GF Value™ is NT$24.47, compared to a current price of NT$25.85 — trading 5.6% above its estimated fair value. The current EBIT is NT$612 Mil. Formosan Rubber Group's overall GF Score™ is 73/100 with 4 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 Formosan Rubber Group (TPE:2107), the current EBIT is NT$612 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 Formosan Rubber Group (TPE:2107) Overvalued in 2026?

Based on GuruFocus' analysis, Formosan Rubber Group stock appears to be overvalued. The current stock price of NT$25.85 is trading 5.6% above its estimated GF Value™ of NT$24.47. GuruFocus considers Formosan Rubber Group to be Fairly Valued.

Key valuation signals for TPE:2107:

  • EBIT: NT$612 Mil
  • GF Value™: NT$24.47 vs. price of NT$25.85 (5.6% above fair value)
  • GF Score™: 73/100 with 4 warning signs

No single metric tells the full story. See the TPE:2107 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Formosan Rubber Group Business Description

Address Hankou Street, 8th Floor, No. 82, Section 1, Zhongzheng District, Taipei, TWN
Formosan Rubber Group Inc produces and markets rubber sheets, plastic sheets, plastic foam sheets, and PVC resin sheets, as well as the relevant materials. It is also engaged in the property development business and the leasing, sale, and management operations for its own properties and land. Company has three revenue sources that includes Net sales revenue, Construction revenue, and Rental and logistics revenue.
73GF Score

Get the complete analysis for TPE:2107

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

NT$25.85
Price
NT$24.47
GF Value