Tecom Co (TPE:2321) EBIT: NT$10.0 Mil (TTM As of Dec. 2025)

What is Tecom Co EBIT?

Tecom Co TPE:2321 61 EBIT is NT$10.0 Mil as of Dec. 2025. GuruFocus rates TPE:2321 with a GF Score™ of 61/100 and a GF Value™ of NT$15.80 (Modestly Undervalued). The stock has 3 warning signs investors should review.

Tecom Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$-5.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$10.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tecom Co's annualized ROC % for the quarter that ended in Dec. 2025 was -2.10%. Tecom Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -7.53%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tecom Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1.11%.

Tecom Co (TPE:2321) EBIT Explanation

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

Tecom 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 )
=	-34.696 * ( 1 - 48.91% )	/	( (865.273	+	825.785)	/ 2 )
=	-17.7261864	/	845.529
=	-2.10 %

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	))
=	1252.289	-	162.987	-	( 363.467	-	max(0, 415.286	-	639.315	+	363.467	))
=	865.273

	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	))
=	1225.873	-	157.805	-	( 344.857	-	max(0, 398.879	-	641.162	+	344.857	))
=	825.785

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

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

Tecom 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 )
=	-23.42	/	( ( (231.007 + max(72.991, 0))	+	(227.407 + max(90.229, 0)) )	/	2 )
=	-23.42	/	( ( 303.998	+	317.636 )	/	2 )
=	-23.42	/	310.817
=	-7.53 %

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)
=	(132.931	+	110.05	+	13.441)	-	(162.987	+	0	+	20.444)
=	72.991

	Working Capital		(Q: Dec. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(115.519	+	120.618	+	33.788)	-	(157.805	+	0	+	21.891)
=	90.229

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2025 )
	=	9.991	/	897.366
	=	1.11 %

* 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.

Tecom Co EBIT Related Terms

Tecom Co EBIT Historical Data

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The historical data trend for Tecom Co's EBIT can be seen below:

Tecom Co EBIT Chart

Tecom Co Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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44.87

65.19

7.74

0.06

9.99

Tecom 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															-0.43	-2.40	7.09	11.15	-5.86

TPE:2321 vs CSCO, CIEN, MSI: EBIT Comparison

For the Communication Equipment subindustry, Tecom 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.

Tecom Co EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Tecom Co's EV-to-EBIT distribution charts can be found below:

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

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61GF Score

Tecom Co Ltd TPE:2321

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Tecom 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$10.0 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of NT$10.0 Mil mean?

Tecom Co (TPE:2321) has a EBIT of NT$10.0 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tecom Co.

Is Tecom Co's EBIT too high?

Tecom Co's current EBIT is NT$10.0 Mil. Overall, Tecom Co has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Tecom Co's EBIT compare to CSCO and CIEN?

Tecom Co's EBIT of NT$10.0 Mil can be compared against companies in the Hardware 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 Hardware company?

A good EBIT depends on the Hardware 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 Tecom Co. Tecom Co's current EBIT is NT$10.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Tecom Co stock overvalued right now?

Based on GuruFocus' analysis, Tecom Co (TPE:2321) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.80, compared to a current price of NT$13.90 — trading 12% below its estimated fair value. The current EBIT is NT$10.0 Mil. Tecom Co's overall GF Score™ is 61/100 with 3 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 Tecom Co (TPE:2321), the current EBIT is NT$10.0 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 Tecom Co (TPE:2321) Overvalued in 2026?

Based on GuruFocus' analysis, Tecom Co stock appears to be undervalued. The current stock price of NT$13.90 is trading 12% below its estimated GF Value™ of NT$15.80. GuruFocus considers Tecom Co to be Modestly Undervalued.

Key valuation signals for TPE:2321:

EBIT: NT$10.0 Mil
GF Value™: NT$15.80 vs. price of NT$13.90 (12% below fair value)
GF Score™: 61/100 with 3 warning signs

No single metric tells the full story. See the TPE:2321 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tecom Co Business Description

Industry Technology Hardware

Comparable Companies ROCO:3672 ROCO:6241 ROCO:3664 TPE:8101 ROCO:6858 ROCO:5348 TPE:2314 ROCO:8176 ROCO:7771 ROCO:6708 CSCO SHSE:601138 SZSE:300308 SZSE:300502 CIEN OHEL:NOKIA MSI LITE HPE SZSE:300394

Address No. 23, Research and Development 2nd Road, Science Park, Hsinchu City, TWN, 300

Website https://www.tecom.com.tw

Tecom Co Ltd is a Taiwan-based telecommunications equipment maker. The company specializes in providing communication convergence solutions for enterprise, carrier, and consumer markets. Its product portfolio includes smartphone business systems, business phone systems, carriers, smart home systems, smart video doorbells, vibration diagnoses, and (internet protocol) IP phones. The Group mainly derives it's revenue from business communication systems, smart electromechanics, and fiber optic cables. The company integrates voice communication, network communication, wireless communication, optical communication and mobile communication services. It operates in USA, Taiwan and Other countries.

61GF Score

Get the complete analysis for TPE:2321

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

NT$13.90

Price

NT$15.80

GF Value

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