Central Reinsurance (TPE:2851) EBIT: NT$3,403 Mil (TTM As of Dec. 2025)

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TPE:2851 Central Reinsurance Corp TPE:2851
77 GF Score
Price NT$37.65
GF Value NT$28.70
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Central Reinsurance EBIT?

Central Reinsurance TPE:2851 -1.05% 77 EBIT is NT$3,403 Mil as of Dec. 2025. GuruFocus rates TPE:2851 with a GF Score™ of 77/100 and a GF Value™ of NT$28.70 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Central Reinsurance's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$1,499 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3,403 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Central Reinsurance's annualized ROC % for the quarter that ended in Dec. 2025 was 11.40%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Central Reinsurance's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 19.29%.


Central Reinsurance  (TPE:2851) EBIT Explanation

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

Central Reinsurance's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=5997.088 * ( 1 - 11.06% )/( (47284.82435 + 46308.54795)/ 2 )
=5333.8100672/46796.68615
=11.40 %

where

Invested Capital(Q: Sep. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=57391.479 - 1037.613 - ( 9364.635 - 5% * 5911.867 )
=47284.82435

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=59835.174 - 1385.904 - ( 12487.427 - 5% * 6934.099 )
=46308.54795

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

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

Central Reinsurance's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=3403.469/17647.672
=19.29 %

* 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.


Central Reinsurance EBIT Related Terms


Central Reinsurance EBIT Historical Data

* Premium members only.

The historical data trend for Central Reinsurance'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.

Central Reinsurance EBIT Chart

Central Reinsurance 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 2,471.17 23.40 2,494.82 2,964.76 3,403.47

Central Reinsurance 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 506.78 772.55 185.20 946.45 1,499.27

TPE:2851 vs RGA, EG, RNR: EBIT Comparison

For the Insurance - Reinsurance subindustry, Central Reinsurance'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.


Central Reinsurance EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, Central Reinsurance's EV-to-EBIT distribution charts can be found below:

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


TPE:2851
77GF Score
Central Reinsurance Corp TPE:2851
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Central Reinsurance 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$3,403 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$3,403 Mil mean?
Central Reinsurance (TPE:2851) has a EBIT of NT$3,403 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Central Reinsurance.
Is Central Reinsurance's EBIT too high?
Central Reinsurance's current EBIT is NT$3,403 Mil. Overall, Central Reinsurance has a GF Score™ of 77/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Central Reinsurance's EBIT compare to RGA and EG?
Central Reinsurance's EBIT of NT$3,403 Mil can be compared against companies in the Insurance 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 Insurance company?
A good EBIT depends on the Insurance 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 Central Reinsurance. Central Reinsurance's current EBIT is NT$3,403 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Central Reinsurance stock overvalued right now?
Based on GuruFocus' analysis, Central Reinsurance (TPE:2851) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$28.70, compared to a current price of NT$37.65 — trading 31.2% above its estimated fair value. The current EBIT is NT$3,403 Mil. Central Reinsurance's overall GF Score™ is 77/100 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 Central Reinsurance (TPE:2851), the current EBIT is NT$3,403 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 Central Reinsurance (TPE:2851) Overvalued in 2026?

Based on GuruFocus' analysis, Central Reinsurance stock appears to be overvalued. The current stock price of NT$37.65 is trading 31.2% above its estimated GF Value™ of NT$28.70. GuruFocus considers Central Reinsurance to be Significantly Overvalued.

Key valuation signals for TPE:2851:

  • EBIT: NT$3,403 Mil
  • GF Value™: NT$28.70 vs. price of NT$37.65 (31.2% above fair value)
  • GF Score™: 77/100 with 5 warning signs

No single metric tells the full story. See the TPE:2851 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Central Reinsurance Business Description

Address Section 2, Nanjing East Road, 12th Floor, No. 53, Zhongshan District, Taipei, TWN, 10457
Central Reinsurance Corp is an insurance company providing a range of property and life inward and outward reinsurance services. Central Reinsurance offers reinsurance protection on non-life insurance businesses, including fire, marine and aviation, casualty, motor, engineering, and residential earthquake insurance; and life insurance business including life, personal accident, and health insurance. The main source of revenue for the company is premiums and commission income.
77GF Score

Get the complete analysis for TPE:2851

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

NT$37.65
Price
NT$28.70
GF Value