Desiccant Technology (TPE:5292) EBIT: NT$524 Mil (TTM As of Dec. 2025)


TPE:5292 Desiccant Technology Corp TPE:5292
95 GF Score
Price NT$208.00
GF Value NT$168.81
Valuation Modestly Overvalued
! 1 Warning Sign
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What is Desiccant Technology EBIT?

Desiccant Technology TPE:5292 -4.81% 95 EBIT is NT$524 Mil as of Dec. 2025. GuruFocus rates TPE:5292 with a GF Score™ of 95/100 and a GF Value™ of NT$168.81 (Modestly Overvalued). The stock has 1 warning sign investors should review.

Desiccant Technology's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$162 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$524 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Desiccant Technology's annualized ROC % for the quarter that ended in Dec. 2025 was 20.02%. Desiccant Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 173.33%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Desiccant Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 7.89%.


Desiccant Technology  (TPE:5292) EBIT Explanation

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

Desiccant Technology'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 )
=565.376 * ( 1 - 20.46% )/( (2141.974 + 2350.097)/ 2 )
=449.7000704/2246.0355
=20.02 %

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))
=3897.471 - 385.215 - ( 1774.549 - max(0, 2054.031 - 3424.313+1774.549))
=2141.974

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))
=4314.239 - 443.593 - ( 2483.864 - max(0, 2330.318 - 3850.867+2483.864))
=2350.097

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

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

Desiccant Technology'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 )
=647.44/( ( (374.927 + max(-467.124, 0)) + (372.151 + max(-1133.028, 0)) )/ 2 )
=647.44/( ( 374.927 + 372.151 )/ 2 )
=647.44/373.539
=173.33 %

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)
=(783.166 + 327.159 + 28.329) - (385.215 + 0 + 1220.563)
=-467.124

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(507.358 + 311.845 + 15.841) - (443.593 + 0 + 1524.479)
=-1133.028

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:

Desiccant Technology's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=523.858/6637.313
=7.89 %

* 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.


Desiccant Technology EBIT Related Terms


Desiccant Technology EBIT Historical Data

* Premium members only.

The historical data trend for Desiccant Technology'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.

Desiccant Technology EBIT Chart

Desiccant Technology 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 173.44 299.93 393.31 485.85 535.21

Desiccant Technology Quarterly Data
Jun20 Dec20 Jun21 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 152.26 128.77 114.43 118.80 161.86

TPE:5292 vs VLTO, ZWS, CECO: EBIT Comparison

For the Pollution & Treatment Controls subindustry, Desiccant Technology'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.


Desiccant Technology EV-to-EBIT vs Industrial Products Industry

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

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


TPE:5292
95GF Score
Desiccant Technology Corp TPE:5292
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Desiccant Technology 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$524 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$524 Mil mean?
Desiccant Technology (TPE:5292) has a EBIT of NT$524 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Desiccant Technology.
Is Desiccant Technology's EBIT too high?
Desiccant Technology's current EBIT is NT$524 Mil. Overall, Desiccant Technology has a GF Score™ of 95/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Desiccant Technology's EBIT compare to VLTO and ZWS?
Desiccant Technology's EBIT of NT$524 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 Desiccant Technology. Desiccant Technology's current EBIT is NT$524 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Desiccant Technology stock overvalued right now?
Based on GuruFocus' analysis, Desiccant Technology (TPE:5292) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$168.81, compared to a current price of NT$208.00 — trading 23.2% above its estimated fair value. The current EBIT is NT$524 Mil. Desiccant Technology's overall GF Score™ is 95/100 with 1 warning sign 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 Desiccant Technology (TPE:5292), the current EBIT is NT$524 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 Desiccant Technology (TPE:5292) Overvalued in 2026?

Based on GuruFocus' analysis, Desiccant Technology stock appears to be overvalued. The current stock price of NT$208.00 is trading 23.2% above its estimated GF Value™ of NT$168.81. GuruFocus considers Desiccant Technology to be Modestly Overvalued.

Key valuation signals for TPE:5292:

  • EBIT: NT$524 Mil
  • GF Value™: NT$168.81 vs. price of NT$208.00 (23.2% above fair value)
  • GF Score™: 95/100 with 1 warning sign

No single metric tells the full story. See the TPE:5292 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Desiccant Technology Business Description

Address Zhongshan Road, 17th floor, No.88, Zhongli District, Taoyuan, TWN, 32041
Desiccant Technology Corp engages mainly in manufacturing industrial dehumidification equipment, drying equipment, pollution control equipment, designing installation projects, contracting, and importing and exporting related products. The Group operates in three principal geographical areas - Taiwan, China, and Singapore. It generates the majority of its revenue from Taiwan.
95GF Score

Get the complete analysis for TPE:5292

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

NT$208.00
Price
NT$168.81
GF Value