Success Prime (TPE:2496) EBIT: NT$148.0 Mil (TTM As of Dec. 2025)


TPE:2496 Success Prime Corp TPE:2496
82 GF Score
Price NT$61.60
GF Value NT$73.58
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Success Prime EBIT?

Success Prime TPE:2496 82 EBIT is NT$148.0 Mil as of Dec. 2025. GuruFocus rates TPE:2496 with a GF Score™ of 82/100 and a GF Value™ of NT$73.58 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Success Prime's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$41.2 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$148.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Success Prime's annualized ROC % for the quarter that ended in Dec. 2025 was 8.41%. Success Prime's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 39.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Success Prime's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 18.27%.


Success Prime  (TPE:2496) EBIT Explanation

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

Success Prime'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 )
=141.352 * ( 1 - 18.91% )/( (1329.387 + 1398.029)/ 2 )
=114.6223368/1363.708
=8.41 %

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))
=1381.672 - 94.158 - ( 379.599 - max(0, 440.28 - 398.407+379.599))
=1329.387

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))
=1488.242 - 105.458 - ( 492.633 - max(0, 519.648 - 504.403+492.633))
=1398.029

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

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

Success Prime'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 )
=164.832/( ( (417.163 + max(-366.284, 0)) + (409.955 + max(-454.011, 0)) )/ 2 )
=164.832/( ( 417.163 + 409.955 )/ 2 )
=164.832/413.559
=39.86 %

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)
=(8.94 + 2.562 + 7.302) - (94.158 + 0 + 290.93)
=-366.284

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4.209 + 2.272 + 5.2690000000001) - (105.458 + 0 + 360.303)
=-454.011

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:

Success Prime's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=148.001/810.231
=18.27 %

* 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.


Success Prime EBIT Related Terms


Success Prime EBIT Historical Data

* Premium members only.

The historical data trend for Success Prime'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.

Success Prime EBIT Chart

Success Prime 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 76.38 100.52 127.17 165.61 148.00

Success Prime 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 48.36 33.20 23.16 50.43 41.21

TPE:2496 vs EDU, TAL, LAUR: EBIT Comparison

For the Education & Training Services subindustry, Success Prime'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.


Success Prime EV-to-EBIT vs Education Industry

For the Education industry and Consumer Defensive sector, Success Prime's EV-to-EBIT distribution charts can be found below:

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


TPE:2496
82GF Score
Success Prime Corp TPE:2496
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Success Prime 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$148.0 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$148.0 Mil mean?
Success Prime (TPE:2496) has a EBIT of NT$148.0 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Success Prime.
Is Success Prime's EBIT too high?
Success Prime's current EBIT is NT$148.0 Mil. Overall, Success Prime has a GF Score™ of 82/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Success Prime's EBIT compare to EDU and TAL?
Success Prime's EBIT of NT$148.0 Mil can be compared against companies in the Education 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 an Education company?
A good EBIT depends on the Education 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 Success Prime. Success Prime's current EBIT is NT$148.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Success Prime stock overvalued right now?
Based on GuruFocus' analysis, Success Prime (TPE:2496) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$73.58, compared to a current price of NT$61.60 — trading 16.3% below its estimated fair value. The current EBIT is NT$148.0 Mil. Success Prime's overall GF Score™ is 82/100 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 Success Prime (TPE:2496), the current EBIT is NT$148.0 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 Success Prime (TPE:2496) Overvalued in 2026?

Based on GuruFocus' analysis, Success Prime stock appears to be undervalued. The current stock price of NT$61.60 is trading 16.3% below its estimated GF Value™ of NT$73.58. GuruFocus considers Success Prime to be Modestly Undervalued.

Key valuation signals for TPE:2496:

  • EBIT: NT$148.0 Mil
  • GF Value™: NT$73.58 vs. price of NT$61.60 (16.3% below fair value)
  • GF Score™: 82/100 with 4 warning signs

No single metric tells the full story. See the TPE:2496 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Success Prime Business Description

Address No. 50, Section 1, Zhongxiao West Road, 22nd Floor -11, Zhongzheng District, Taipei, TWN
Success Prime Corp is focused on the management of tutorial academy teachers and curriculum education services. The company earns the maximum of its revenue from educational services and consultancy. Geographically, the company operates and earns revenue only from Taiwan.
82GF Score

Get the complete analysis for TPE:2496

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

NT$61.60
Price
NT$73.58
GF Value