Horng Shiue Holding Co (TPE:2243) EBIT: NT$113 Mil (TTM As of Dec. 2025)


TPE:2243 Horng Shiue Holding Co Ltd TPE:2243
51 GF Score
Price NT$53.00
GF Value NT$13.74
Valuation Significantly Overvalued
! 11 Warning Signs
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What is Horng Shiue Holding Co EBIT?

Horng Shiue Holding Co TPE:2243 -4.50% 51 EBIT is NT$113 Mil as of Dec. 2025. GuruFocus rates TPE:2243 with a GF Score™ of 51/100 and a GF Value™ of NT$13.74 (Significantly Overvalued). The stock has 11 warning signs investors should review.

Horng Shiue Holding Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$100 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$113 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Horng Shiue Holding Co's annualized ROC % for the quarter that ended in Dec. 2025 was 18.62%. Horng Shiue Holding Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 46.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Horng Shiue Holding Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 2.81%.


Horng Shiue Holding Co  (TPE:2243) EBIT Explanation

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

Horng Shiue Holding 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 )
=405.924 * ( 1 - 2% )/( (2143.927 + 2129.252)/ 2 )
=397.80552/2136.5895
=18.62 %

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))
=3229.461 - 864.239 - ( 312.345 - max(0, 2399.89 - 2621.185+312.345))
=2143.927

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))
=3381.217 - 888.694 - ( 478.159 - max(0, 2402.303 - 2765.574+478.159))
=2129.252

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

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

Horng Shiue Holding 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 )
=399.6/( ( (578.488 + max(334.727, 0)) + (579.577 + max(234.281, 0)) )/ 2 )
=399.6/( ( 913.215 + 813.858 )/ 2 )
=399.6/863.5365
=46.27 %

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)
=(447.678 + 1566.398 + 64.129) - (864.239 + 0 + 879.239)
=334.727

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(323.066 + 1556.864 + 98.304) - (888.694 + 0 + 855.259)
=234.281

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:

Horng Shiue Holding Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=113.237/4028.527
=2.81 %

* 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.


Horng Shiue Holding Co EBIT Related Terms


Horng Shiue Holding Co EBIT Historical Data

* Premium members only.

The historical data trend for Horng Shiue Holding 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.

Horng Shiue Holding Co EBIT Chart

Horng Shiue Holding 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 0.40 49.86 -88.10 58.67 113.24

Horng Shiue Holding 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 36.37 -40.17 78.93 -25.42 99.90

TPE:2243 vs ORLY, AZO: EBIT Comparison

For the Auto Parts subindustry, Horng Shiue Holding 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.


Horng Shiue Holding Co EV-to-EBIT vs Vehicles & Parts Industry

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

* The bar in red indicates where Horng Shiue Holding Co's EV-to-EBIT falls into.


TPE:2243
51GF Score
Horng Shiue Holding Co Ltd TPE:2243
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Horng Shiue Holding 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$113 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$113 Mil mean?
Horng Shiue Holding Co (TPE:2243) has a EBIT of NT$113 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Horng Shiue Holding Co.
Is Horng Shiue Holding Co's EBIT too high?
Horng Shiue Holding Co's current EBIT is NT$113 Mil. Overall, Horng Shiue Holding Co has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Horng Shiue Holding Co's EBIT compare to ORLY and AZO?
Horng Shiue Holding Co's EBIT of NT$113 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 Horng Shiue Holding Co. Horng Shiue Holding Co's current EBIT is NT$113 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horng Shiue Holding Co stock overvalued right now?
Based on GuruFocus' analysis, Horng Shiue Holding Co (TPE:2243) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$13.74, compared to a current price of NT$53.00 — trading 285.7% above its estimated fair value. The current EBIT is NT$113 Mil. Horng Shiue Holding Co's overall GF Score™ is 51/100 with 11 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 Horng Shiue Holding Co (TPE:2243), the current EBIT is NT$113 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 Horng Shiue Holding Co (TPE:2243) Overvalued in 2026?

Based on GuruFocus' analysis, Horng Shiue Holding Co stock appears to be overvalued. The current stock price of NT$53.00 is trading 285.7% above its estimated GF Value™ of NT$13.74. GuruFocus considers Horng Shiue Holding Co to be Significantly Overvalued.

Key valuation signals for TPE:2243:

  • EBIT: NT$113 Mil
  • GF Value™: NT$13.74 vs. price of NT$53.00 (285.7% above fair value)
  • GF Score™: 51/100 with 11 warning signs

No single metric tells the full story. See the TPE:2243 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Horng Shiue Holding Co Business Description

Address Room no:100,Rongchang Road, Chedun, Songjiang Shanghai, CHN, 201611
Horng Shiue Holding Co Ltd isengaged in the manufacture, processing and trading of automotive sheet metal stamping die and gauge and providing after sales services, such as technique consulting. The Company's revenue is derived from automotive sheet metal stamping die sold by the assembly plant and stamping factory.
51GF Score

Get the complete analysis for TPE:2243

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

NT$53.00
Price
NT$13.74
GF Value