Apex International Co (TPE:4927) EBIT: NT$-1,669 Mil (TTM As of Dec. 2025)


TPE:4927 Apex International Co Ltd TPE:4927
62 GF Score
Price NT$45.65
GF Value NT$29.80
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Apex International Co EBIT?

Apex International Co TPE:4927 -6.26% 62 EBIT is NT$-1,669 Mil as of Dec. 2025. GuruFocus rates TPE:4927 with a GF Score™ of 62/100 and a GF Value™ of NT$29.80 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Apex International Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$-852 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$-1,669 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Apex International Co's annualized ROC % for the quarter that ended in Dec. 2025 was -14.65%. Apex International Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -22.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Apex International Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was -7.79%.


Apex International Co  (TPE:4927) EBIT Explanation

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

Apex International Co'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 )
=-2955.66 * ( 1 - 2.08% )/( (18318.091 + 21179.732)/ 2 )
=-2894.182272/19748.9115
=-14.65 %

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))
=18853.896 - 2660.84 - ( 582.558 - max(0, 8706.302 - 6581.267+582.558))
=18318.091

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))
=19539.95 - 3028.709 - ( 715.036 - max(0, 11525.912 - 6857.421+715.036))
=21179.732

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

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

Apex International Co'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 )
=-3409.96/( ( (11965.432 + max(2735.184, 0)) + (12489.276 + max(2495.552, 0)) )/ 2 )
=-3409.96/( ( 14700.616 + 14984.828 )/ 2 )
=-3409.96/14842.722
=-22.97 %

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)
=(3388.813 + 2377.25 + 51.112) - (2660.84 + 0 + 421.151)
=2735.184

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3250.581 + 2665.485 + 46.112) - (3028.709 + 0 + 437.917)
=2495.552

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=-1668.713/21427.182
=-7.79 %

* 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.


Apex International Co EBIT Related Terms


Apex International Co EBIT Historical Data

* Premium members only.

The historical data trend for Apex International 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.

Apex International Co EBIT Chart

Apex International 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 1,481.28 1,107.31 -525.02 -1,478.29 -1,668.71

Apex International Co 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 -571.42 -204.79 -198.06 -413.37 -852.49

TPE:4927 vs APH, GLW, TEL: EBIT Comparison

For the Electronic Components subindustry, Apex International 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.


Apex International Co EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Apex International Co's EV-to-EBIT distribution charts can be found below:

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


TPE:4927
62GF Score
Apex International Co Ltd TPE:4927
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Apex International 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$-1,669 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$-1,669 Mil mean?
Apex International Co (TPE:4927) has a EBIT of NT$-1,669 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Apex International Co.
Is Apex International Co's EBIT too high?
Apex International Co's current EBIT is NT$-1,669 Mil. Overall, Apex International Co has a GF Score™ of 62/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Apex International Co's EBIT compare to APH and GLW?
Apex International Co's EBIT of NT$-1,669 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 Apex International Co. Apex International Co's current EBIT is NT$-1,669 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex International Co stock overvalued right now?
Based on GuruFocus' analysis, Apex International Co (TPE:4927) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$29.80, compared to a current price of NT$45.65 — trading 53.2% above its estimated fair value. The current EBIT is NT$-1,669 Mil. Apex International Co's overall GF Score™ is 62/100 with 8 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 Apex International Co (TPE:4927), the current EBIT is NT$-1,669 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 Apex International Co (TPE:4927) Overvalued in 2026?

Based on GuruFocus' analysis, Apex International Co stock appears to be overvalued. The current stock price of NT$45.65 is trading 53.2% above its estimated GF Value™ of NT$29.80. GuruFocus considers Apex International Co to be Significantly Overvalued.

Key valuation signals for TPE:4927:

  • EBIT: NT$-1,669 Mil
  • GF Value™: NT$29.80 vs. price of NT$45.65 (53.2% above fair value)
  • GF Score™: 62/100 with 8 warning signs

No single metric tells the full story. See the TPE:4927 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Apex International Co Business Description

Address 802, Oleander Way, West Bay Road, P.O. Box 32052, The Grand Pavilion Commercial Centre, Grand Cayman, CYM, KY1-1208
Apex International Co Ltd manufactures and sells double-sided and multi-layer printed circuit boards. It PCBs are applied in electronic products, such as digital versatile disks, LCD TVs, air conditioners, digital cameras, projectors, TV tuners, DVD players, recordable machines, printers, hard drives and motherboards, mobile phones, set-top boxes, and satellite TV receivers, as well as automotive audio components. Its product categories comprise home appliances, communication equipment, computer equipment, and auto parts. The Group has a single reportable segment: Thailand, which manufactures and sells PCBs. Geographically, it operates in Thailand, Korea, Hong Kong, Singapore, Vietnam, and Others.
62GF Score

Get the complete analysis for TPE:4927

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

NT$45.65
Price
NT$29.80
GF Value