New Asia Construction & Development (TPE:2516) EBIT: NT$297 Mil (TTM As of Dec. 2025)


TPE:2516 New Asia Construction & Development Corp TPE:2516
79 GF Score
Price NT$13.70
GF Value NT$15.85
Valuation Modestly Undervalued
! 2 Warning Signs
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What is New Asia Construction & Development EBIT?

New Asia Construction & Development TPE:2516 -0.72% 79 EBIT is NT$297 Mil as of Dec. 2025. GuruFocus rates TPE:2516 with a GF Score™ of 79/100 and a GF Value™ of NT$15.85 (Modestly Undervalued). The stock has 2 warning signs investors should review.

New Asia Construction & Development's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$153 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$297 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. New Asia Construction & Development's annualized ROC % for the quarter that ended in Dec. 2025 was 17.63%. New Asia Construction & Development's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 89.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. New Asia Construction & Development's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 45.17%.

New Asia Construction & Development  (TPE:2516) EBIT Explanation

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

New Asia Construction & Development'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 )
=503.776 * ( 1 - 1.08% )/( (2927.305 + 2724.61)/ 2 )
=498.3352192/2825.9575
=17.63 %

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))
=7636.209 - 4308.671 - ( 2476.22 - max(0, 5629.307 - 6029.54+2476.22))
=2927.305

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))
=7973.687 - 4689.307 - ( 3044.692 - max(0, 5792.253 - 6352.023+3044.692))
=2724.61

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

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

New Asia Construction & Development'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 )
=611.688/( ( (685.732 + max(-3407.436, 0)) + (685.187 + max(-3916.565, 0)) )/ 2 )
=611.688/( ( 685.732 + 685.187 )/ 2 )
=611.688/685.4595
=89.24 %

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)
=(855.677 + 408.894 + 134.153) - (4308.671 + 0 + 497.489)
=-3407.436

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(766.401 + 412.559 + 114.631) - (4689.307 + 0 + 520.849)
=-3916.565

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:

New Asia Construction & Development's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=297.34/658.305
=45.17 %

* 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.

New Asia Construction & Development EBIT Related Terms

New Asia Construction & Development EBIT Historical Data

* Premium members only.

The historical data trend for New Asia Construction & Development'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.

New Asia Construction & Development EBIT Chart

New Asia Construction & Development 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 145.54 -747.93 233.90 245.74 297.34

New Asia Construction & Development 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 90.94 72.87 23.27 48.28 152.92

TPE:2516 vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, New Asia Construction & Development'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.

New Asia Construction & Development EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, New Asia Construction & Development's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where New Asia Construction & Development's EV-to-EBIT falls into.


TPE:2516
79GF Score
New Asia Construction & Development Corp TPE:2516
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

New Asia Construction & Development 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$297 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$297 Mil mean?
New Asia Construction & Development (TPE:2516) has a EBIT of NT$297 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on New Asia Construction & Development.
Is New Asia Construction & Development's EBIT too high?
New Asia Construction & Development's current EBIT is NT$297 Mil. Overall, New Asia Construction & Development has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does New Asia Construction & Development's EBIT compare to PWR and FIX?
New Asia Construction & Development's EBIT of NT$297 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 New Asia Construction & Development. New Asia Construction & Development's current EBIT is NT$297 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Asia Construction & Development stock overvalued right now?
Based on GuruFocus' analysis, New Asia Construction & Development (TPE:2516) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$15.85, compared to a current price of NT$13.70 — trading 13.6% below its estimated fair value. The current EBIT is NT$297 Mil. New Asia Construction & Development's overall GF Score™ is 79/100 with 2 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 New Asia Construction & Development (TPE:2516), the current EBIT is NT$297 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 New Asia Construction & Development (TPE:2516) Overvalued in 2026?

Based on GuruFocus' analysis, New Asia Construction & Development stock appears to be undervalued. The current stock price of NT$13.70 is trading 13.6% below its estimated GF Value™ of NT$15.85. GuruFocus considers New Asia Construction & Development to be Modestly Undervalued.

Key valuation signals for TPE:2516:

  • EBIT: NT$297 Mil
  • GF Value™: NT$15.85 vs. price of NT$13.70 (13.6% below fair value)
  • GF Score™: 79/100 with 2 warning signs

No single metric tells the full story. See the TPE:2516 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

New Asia Construction & Development Business Description

Address No. 760, Section 4, Bade Road, 15th & 16th Floor, Songshan District, Taipei, TWN
New Asia Construction & Development Corp and its subsidiaries are engaged in the construction of heavy equipment needed for civil engineering, development business related to land and community, construction, leasing or selling of public housing and office building, repairment, leasing and selling of heavy equipment, manufacturing and selling of ready mixed concrete and asphalt concrete, and investment. The Group operates in the construction segment, which is engaged in the construction of residential and commercial buildings and civil engineering contracts. The company operates in Taiwan and Asia, and the maximum revenue is generated from Taiwan.
79GF Score

Get the complete analysis for TPE:2516

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

NT$13.70
Price
NT$15.85
GF Value