Emerging Display Technologies (TPE:3038) EBIT: NT$181 Mil (TTM As of Dec. 2025)


TPE:3038 Emerging Display Technologies Corp TPE:3038
80 GF Score
Price NT$21.80
GF Value NT$19.12
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Emerging Display Technologies EBIT?

Emerging Display Technologies TPE:3038 -2.24% 80 EBIT is NT$181 Mil as of Dec. 2025. GuruFocus rates TPE:3038 with a GF Score™ of 80/100 and a GF Value™ of NT$19.12 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Emerging Display Technologies's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$181 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Emerging Display Technologies's annualized ROC % for the quarter that ended in Dec. 2025 was 0.20%. Emerging Display Technologies's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 13.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Emerging Display Technologies's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 12.16%.

Emerging Display Technologies  (TPE:3038) EBIT Explanation

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

Emerging Display Technologies'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 )
=2.516 * ( 1 - 0% )/( (1287.001 + 1210.103)/ 2 )
=2.516/1248.552
=0.20 %

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))
=3883.736 - 712.445 - ( 1884.29 - max(0, 756.206 - 2971.584+1884.29))
=1287.001

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))
=3887.979 - 695.053 - ( 1982.823 - max(0, 740.044 - 2961.205+1982.823))
=1210.103

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

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

Emerging Display Technologies'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 )
=118.756/( ( (602.792 + max(338.989, 0)) + (593.981 + max(244.637, 0)) )/ 2 )
=118.756/( ( 941.781 + 838.618 )/ 2 )
=118.756/890.1995
=13.34 %

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)
=(447.022 + 589.994 + 46.455) - (712.445 + 0 + 32.037)
=338.989

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(325.564 + 604.532 + 42.715) - (695.053 + 0 + 33.121)
=244.637

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:

Emerging Display Technologies's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=181.382/1491.039
=12.16 %

* 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.

Emerging Display Technologies EBIT Related Terms

Emerging Display Technologies EBIT Historical Data

* Premium members only.

The historical data trend for Emerging Display Technologies'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.

Emerging Display Technologies EBIT Chart

Emerging Display Technologies 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 277.10 511.13 517.64 404.34 181.38

Emerging Display Technologies 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 63.16 95.45 -40.41 96.66 29.69

TPE:3038 vs APH, GLW, TEL: EBIT Comparison

For the Electronic Components subindustry, Emerging Display Technologies'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.

Emerging Display Technologies EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Emerging Display Technologies's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Emerging Display Technologies's EV-to-EBIT falls into.


TPE:3038
80GF Score
Emerging Display Technologies Corp TPE:3038
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Emerging Display Technologies 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$181 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$181 Mil mean?
Emerging Display Technologies (TPE:3038) has a EBIT of NT$181 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Emerging Display Technologies.
Is Emerging Display Technologies' EBIT too high?
Emerging Display Technologies' current EBIT is NT$181 Mil. Overall, Emerging Display Technologies has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Emerging Display Technologies' EBIT compare to APH and GLW?
Emerging Display Technologies' EBIT of NT$181 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 Emerging Display Technologies. Emerging Display Technologies's current EBIT is NT$181 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerging Display Technologies stock overvalued right now?
Based on GuruFocus' analysis, Emerging Display Technologies (TPE:3038) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$19.12, compared to a current price of NT$21.80 — trading 14% above its estimated fair value. The current EBIT is NT$181 Mil. Emerging Display Technologies' overall GF Score™ is 80/100 with 7 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 Emerging Display Technologies (TPE:3038), the current EBIT is NT$181 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 Emerging Display Technologies (TPE:3038) Overvalued in 2026?

Based on GuruFocus' analysis, Emerging Display Technologies stock appears to be overvalued. The current stock price of NT$21.80 is trading 14% above its estimated GF Value™ of NT$19.12. GuruFocus considers Emerging Display Technologies to be Modestly Overvalued.

Key valuation signals for TPE:3038:

  • EBIT: NT$181 Mil
  • GF Value™: NT$19.12 vs. price of NT$21.80 (14% above fair value)
  • GF Score™: 80/100 with 7 warning signs

No single metric tells the full story. See the TPE:3038 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Emerging Display Technologies Business Description

Address No. 5, Central 1st Road, Qianzhen District, Kaohsiung, TWN
Emerging Display Technologies Corp is engaged in manufacturing and selling Capacity Touch Panels and Liquid Crystal Displays (LCDs). Its operating segments include the Domestic segment, the North America segment, and the Mainland China segment. The Domestic segment engages in designing, manufacturing, and selling liquid crystal display modules and capacitive touch panels. The North America segment mainly expands the North American trading business and deals with the sale of liquid crystal displays provided by the domestic segment. The Mainland China segment engages in the manufacture of processing raw materials and supplies provided by the domestic segment. Geographically, the company derives key revenue from Europe and the rest from America, and other regions.
80GF Score

Get the complete analysis for TPE:3038

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

NT$21.80
Price
NT$19.12
GF Value