Hiwin Mikrosystem (TPE:4576) EBIT: NT$317 Mil (TTM As of Dec. 2025)


TPE:4576 Hiwin Mikrosystem Corp TPE:4576
64 GF Score
Price NT$219.00
GF Value NT$124.54
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Hiwin Mikrosystem EBIT?

Hiwin Mikrosystem TPE:4576 -3.31% 64 EBIT is NT$317 Mil as of Dec. 2025. GuruFocus rates TPE:4576 with a GF Score™ of 64/100 and a GF Value™ of NT$124.54 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Hiwin Mikrosystem's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$114 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$317 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hiwin Mikrosystem's annualized ROC % for the quarter that ended in Dec. 2025 was 7.43%. Hiwin Mikrosystem's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 10.72%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hiwin Mikrosystem's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1.18%.


Hiwin Mikrosystem  (TPE:4576) EBIT Explanation

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

Hiwin Mikrosystem'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 )
=399.608 * ( 1 - 11.76% )/( (4728.007 + 4767.466)/ 2 )
=352.6140992/4747.7365
=7.43 %

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))
=6722.794 - 953.594 - ( 1041.193 - max(0, 1180.859 - 2544.665+1041.193))
=4728.007

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))
=7009.357 - 1113.747 - ( 1128.144 - max(0, 1342.861 - 2818.593+1128.144))
=4767.466

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

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

Hiwin Mikrosystem'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 )
=457.628/( ( (3792.127 + max(485.425, 0)) + (3758.784 + max(504.193, 0)) )/ 2 )
=457.628/( ( 4277.552 + 4262.977 )/ 2 )
=457.628/4270.2645
=10.72 %

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)
=(523.172 + 894.755 + 72.601) - (953.594 + 0 + 51.509)
=485.425

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(566.666 + 1030.611 + 70.375) - (1113.747 + 0 + 49.712)
=504.193

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:

Hiwin Mikrosystem's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=316.704/26743.248
=1.18 %

* 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.


Hiwin Mikrosystem EBIT Related Terms


Hiwin Mikrosystem EBIT Historical Data

* Premium members only.

The historical data trend for Hiwin Mikrosystem'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.

Hiwin Mikrosystem EBIT Chart

Hiwin Mikrosystem 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 392.69 483.84 56.37 130.67 316.70

Hiwin Mikrosystem 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 52.95 79.30 28.12 94.88 114.41

TPE:4576 vs VRT, BE: EBIT Comparison

For the Electrical Equipment & Parts subindustry, Hiwin Mikrosystem'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.


Hiwin Mikrosystem EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hiwin Mikrosystem's EV-to-EBIT distribution charts can be found below:

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


TPE:4576
64GF Score
Hiwin Mikrosystem Corp TPE:4576
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hiwin Mikrosystem 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$317 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$317 Mil mean?
Hiwin Mikrosystem (TPE:4576) has a EBIT of NT$317 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hiwin Mikrosystem.
Is Hiwin Mikrosystem's EBIT too high?
Hiwin Mikrosystem's current EBIT is NT$317 Mil. Overall, Hiwin Mikrosystem has a GF Score™ of 64/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hiwin Mikrosystem's EBIT compare to VRT and BE?
Hiwin Mikrosystem's EBIT of NT$317 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good EBIT depends on the Industrial Products 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 Hiwin Mikrosystem. Hiwin Mikrosystem's current EBIT is NT$317 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hiwin Mikrosystem stock overvalued right now?
Based on GuruFocus' analysis, Hiwin Mikrosystem (TPE:4576) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$124.54, compared to a current price of NT$219.00 — trading 75.8% above its estimated fair value. The current EBIT is NT$317 Mil. Hiwin Mikrosystem's overall GF Score™ is 64/100 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 Hiwin Mikrosystem (TPE:4576), the current EBIT is NT$317 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 Hiwin Mikrosystem (TPE:4576) Overvalued in 2026?

Based on GuruFocus' analysis, Hiwin Mikrosystem stock appears to be overvalued. The current stock price of NT$219.00 is trading 75.8% above its estimated GF Value™ of NT$124.54. GuruFocus considers Hiwin Mikrosystem to be Significantly Overvalued.

Key valuation signals for TPE:4576:

  • EBIT: NT$317 Mil
  • GF Value™: NT$124.54 vs. price of NT$219.00 (75.8% above fair value)
  • GF Score™: 64/100 with 4 warning signs

No single metric tells the full story. See the TPE:4576 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hiwin Mikrosystem Business Description

Address No. 6, Jingke Central Road, Chuen She Village, Nantun District, Taichung, TWN
Hiwin Mikrosystem Corp is engaged in manufacturing, repairing, and selling a variety of motors, drives, and automation systems. Its product offerings include ballscrews, rolled ballscrews, precision linear guideways, rotary motors, and single-axis motors, among others. Its products can be applied in semiconductor equipment, optical component manufacturing equipment, automation equipment, Medicare and healthcare equipment, rehabilitation equipment, and transportation. The company's reportable segments are precision motion and control parts, micro and nano-positioning systems and others. The majority of revenue is derived from the micro and nano-positioning systems segment. Geographically, the maximum revenue is generated from Taiwan.
64GF Score

Get the complete analysis for TPE:4576

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

NT$219.00
Price
NT$124.54
GF Value