Gold Circuit Electronics (TPE:2368) EBIT: NT$14,392 Mil (TTM As of Dec. 2025)


TPE:2368 Gold Circuit Electronics Ltd TPE:2368
72 GF Score
Price NT$1,190.00
GF Value NT$485.25
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Gold Circuit Electronics EBIT?

Gold Circuit Electronics TPE:2368 -4.03% 72 EBIT is NT$14,392 Mil as of Dec. 2025. GuruFocus rates TPE:2368 with a GF Score™ of 72/100 and a GF Value™ of NT$485.25 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Gold Circuit Electronics's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$4,357 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$14,392 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Gold Circuit Electronics's annualized ROC % for the quarter that ended in Dec. 2025 was 32.41%. Gold Circuit Electronics's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 55.99%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Gold Circuit Electronics's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 2.39%.

Gold Circuit Electronics  (TPE:2368) EBIT Explanation

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

Gold Circuit Electronics'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 )
=15951.888 * ( 1 - 31.55% )/( (30754.776 + 36621.229)/ 2 )
=10919.067336/33688.0025
=32.41 %

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))
=61501.174 - 20738.117 - ( 10008.281 - max(0, 25216.983 - 45265.294+10008.281))
=30754.776

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))
=75746.348 - 20607.848 - ( 18517.271 - max(0, 27553.834 - 56337.465+18517.271))
=36621.229

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

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

Gold Circuit Electronics'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 )
=17427.952/( ( (14897.988 + max(13235.066, 0)) + (18047.01 + max(16068.798, 0)) )/ 2 )
=17427.952/( ( 28133.054 + 34115.808 )/ 2 )
=17427.952/31124.431
=55.99 %

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)
=(24762.155 + 9419.562 + 655.91) - (20738.117 + 0 + 864.444)
=13235.066

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(26978.955 + 9747.107 + 763.38) - (20607.848 + 0 + 812.796)
=16068.798

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:

Gold Circuit Electronics's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=14391.665/600955.688
=2.39 %

* 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.

Gold Circuit Electronics EBIT Related Terms

Gold Circuit Electronics EBIT Historical Data

* Premium members only.

The historical data trend for Gold Circuit Electronics'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.

Gold Circuit Electronics EBIT Chart

Gold Circuit Electronics 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 4,115.98 6,478.65 5,335.88 8,658.71 14,391.67

Gold Circuit Electronics 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 2,041.23 2,699.12 2,556.76 4,778.79 4,356.99

TPE:2368 vs APH, GLW, TEL: EBIT Comparison

For the Electronic Components subindustry, Gold Circuit Electronics'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.

Gold Circuit Electronics EV-to-EBIT vs Hardware Industry

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

* The bar in red indicates where Gold Circuit Electronics's EV-to-EBIT falls into.


TPE:2368
72GF Score
Gold Circuit Electronics Ltd TPE:2368
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Gold Circuit Electronics 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$14,392 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$14,392 Mil mean?
Gold Circuit Electronics (TPE:2368) has a EBIT of NT$14,392 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Gold Circuit Electronics.
Is Gold Circuit Electronics' EBIT too high?
Gold Circuit Electronics' current EBIT is NT$14,392 Mil. Overall, Gold Circuit Electronics has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Gold Circuit Electronics' EBIT compare to APH and GLW?
Gold Circuit Electronics' EBIT of NT$14,392 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 Gold Circuit Electronics. Gold Circuit Electronics's current EBIT is NT$14,392 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Circuit Electronics stock overvalued right now?
Based on GuruFocus' analysis, Gold Circuit Electronics (TPE:2368) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$485.25, compared to a current price of NT$1,190.00 — trading 145.2% above its estimated fair value. The current EBIT is NT$14,392 Mil. Gold Circuit Electronics' overall GF Score™ is 72/100 with 8 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 Gold Circuit Electronics (TPE:2368), the current EBIT is NT$14,392 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 Gold Circuit Electronics (TPE:2368) Overvalued in 2026?

Based on GuruFocus' analysis, Gold Circuit Electronics stock appears to be overvalued. The current stock price of NT$1,190.00 is trading 145.2% above its estimated GF Value™ of NT$485.25. GuruFocus considers Gold Circuit Electronics to be Significantly Overvalued.

Key valuation signals for TPE:2368:

  • EBIT: NT$14,392 Mil
  • GF Value™: NT$485.25 vs. price of NT$1,190.00 (145.2% above fair value)
  • GF Score™: 72/100 with 8 warning signs

No single metric tells the full story. See the TPE:2368 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Gold Circuit Electronics Business Description

Address No. 113, Xiyuan Road, Zhongli Industrial Park, Zhongli District, Taoyuan, TWN, 320
Gold Circuit Electronics Ltd manufactures, processes and sells printed circuit boards for various applications. Its products are applied in notebooks, handheld devices, telecommunications, networking, and server & storage fields, among others. The company's revenue was generated from the sale of electronic products, such as printed circuit boards.
72GF Score

Get the complete analysis for TPE:2368

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

NT$1,190.00
Price
NT$485.25
GF Value