Kedge Construction Co (TPE:2546) EBIT: NT$1,566 Mil (TTM As of Mar. 2026)

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TPE:2546 Kedge Construction Co Ltd TPE:2546
95 GF Score
Price NT$92.60
GF Value NT$99.28
Valuation Fairly Valued
! 5 Warning Signs
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What is Kedge Construction Co EBIT?

Kedge Construction Co TPE:2546 +4.65% 95 EBIT is NT$1,566 Mil as of Mar. 2026. GuruFocus rates TPE:2546 with a GF Score™ of 95/100 and a GF Value™ of NT$99.28 (Fairly Valued). The stock has 5 warning signs investors should review.

Kedge Construction Co's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was NT$238 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was NT$1,566 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kedge Construction Co's annualized ROC % for the quarter that ended in Mar. 2026 was 14.10%. Kedge Construction Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 361.14%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kedge Construction Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 27.21%.


Kedge Construction Co  (TPE:2546) EBIT Explanation

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

Kedge Construction Co's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=910.592 * ( 1 - 21.21% )/( (4464.303 + 5709.691)/ 2 )
=717.4554368/5086.997
=14.10 %

where

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))
=15179.338 - 5287.88 - ( 6634.515 - max(0, 8807.137 - 14234.292+6634.515))
=4464.303

Invested Capital(Q: Mar. 2026 )
=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))
=16184.746 - 4879.094 - ( 8141.864 - max(0, 9683.343 - 15279.304+8141.864))
=5709.691

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Kedge Construction Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=950.1/( ( (269.365 + max(-4723.752, 0)) + (256.806 + max(-6595.339, 0)) )/ 2 )
=950.1/( ( 269.365 + 256.806 )/ 2 )
=950.1/263.0855
=361.14 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3006.449 + 0 + 669.756) - (5287.88 + 0 + 3112.077)
=-4723.752

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2285.302 + 0 + 592.535) - (4879.094 + 0 + 4594.082)
=-6595.339

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1566.178/5756.091
=27.21 %

* 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.


Kedge Construction Co EBIT Related Terms


Kedge Construction Co EBIT Historical Data

* Premium members only.

The historical data trend for Kedge Construction 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.

Kedge Construction Co EBIT Chart

Kedge Construction 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 924.50 1,329.99 1,259.25 1,106.94 1,565.69

Kedge Construction Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 237.04 352.33 501.07 475.25 237.53

TPE:2546 vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Kedge Construction 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.


Kedge Construction Co EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Kedge Construction Co's EV-to-EBIT distribution charts can be found below:

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


TPE:2546
95GF Score
Kedge Construction Co Ltd TPE:2546
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kedge Construction 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$1,566 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$1,566 Mil mean?
Kedge Construction Co (TPE:2546) has a EBIT of NT$1,566 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kedge Construction Co.
Is Kedge Construction Co's EBIT too high?
Kedge Construction Co's current EBIT is NT$1,566 Mil. Overall, Kedge Construction Co has a GF Score™ of 95/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kedge Construction Co's EBIT compare to PWR and FIX?
Kedge Construction Co's EBIT of NT$1,566 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 Kedge Construction Co. Kedge Construction Co's current EBIT is NT$1,566 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kedge Construction Co stock overvalued right now?
Based on GuruFocus' analysis, Kedge Construction Co (TPE:2546) is currently considered Fairly Valued. The stock's GF Value™ is NT$99.28, compared to a current price of NT$92.60 — trading 6.7% below its estimated fair value. The current EBIT is NT$1,566 Mil. Kedge Construction Co's overall GF Score™ is 95/100 with 5 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 Kedge Construction Co (TPE:2546), the current EBIT is NT$1,566 Mil as of Mar. 2026. 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 Kedge Construction Co (TPE:2546) Overvalued in 2026?

Based on GuruFocus' analysis, Kedge Construction Co stock appears to be undervalued. The current stock price of NT$92.60 is trading 6.7% below its estimated GF Value™ of NT$99.28. GuruFocus considers Kedge Construction Co to be Fairly Valued.

Key valuation signals for TPE:2546:

  • EBIT: NT$1,566 Mil
  • GF Value™: NT$99.28 vs. price of NT$92.60 (6.7% below fair value)
  • GF Score™: 95/100 with 5 warning signs

No single metric tells the full story. See the TPE:2546 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kedge Construction Co Business Description

Address Heping E. Road, Section 3, 6th Floor, Number 131, Taipei, TWN
Kedge Construction Co Ltd operates in the contracting business of residential property and public construction. The projects of the company are in areas of Collective Housing, Department Store, Institutional School, Technology Factory Office, Biotech Medical, and Civil Engineering. The company's reportable operating segment only is the construction segment.
95GF Score

Get the complete analysis for TPE:2546

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

NT$92.60
Price
NT$99.28
GF Value