Capital Futures (TPE:6024) EBIT: NT$1,725 Mil (TTM As of Dec. 2025)

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TPE:6024 Capital Futures Corp TPE:6024
73 GF Score
Price NT$64.80
GF Value NT$50.41
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Capital Futures EBIT?

Capital Futures TPE:6024 +1.89% 73 EBIT is NT$1,725 Mil as of Dec. 2025. GuruFocus rates TPE:6024 with a GF Score™ of 73/100 and a GF Value™ of NT$50.41 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Capital Futures's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$480 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,725 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Capital Futures's annualized ROC % for the quarter that ended in Dec. 2025 was -0.26%. Capital Futures's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 980.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Capital Futures's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 26.04%.


Capital Futures  (TPE:6024) EBIT Explanation

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

Capital Futures'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 )
=-196.42 * ( 1 - 19.18% )/( (59694.57 + 64126.194)/ 2 )
=-158.746644/61910.382
=-0.26 %

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))
=68935.042 - 409.924 - ( 8830.548 - max(0, 58866.4 - 68050.643+8830.548))
=59694.57

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))
=74110.473 - 598.999 - ( 9613.065 - max(0, 63647.322 - 73032.602+9613.065))
=64126.194

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

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

Capital Futures'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 )
=1918.644/( ( (185.253 + max(16.75499999999, 0)) + (189.363 + max(-539.32, 0)) )/ 2 )
=1918.644/( ( 202.00799999999 + 189.363 )/ 2 )
=1918.644/195.6855
=980.47 %

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)
=(125.672 + 0 + 58728.6) - (409.924 + 0 + 58427.593)
=16.75499999999

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(55.16 + 0 + 63028.653) - (598.999 + 0 + 63024.134)
=-539.32

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:

Capital Futures's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1724.806/6624.002
=26.04 %

* 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.


Capital Futures EBIT Related Terms


Capital Futures EBIT Historical Data

* Premium members only.

The historical data trend for Capital Futures'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.

Capital Futures EBIT Chart

Capital Futures 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 605.15 974.77 1,320.70 1,535.73 1,724.81

Capital Futures 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 317.66 367.51 424.01 453.63 479.66

TPE:6024 vs MS, GS, SCHW: EBIT Comparison

For the Capital Markets subindustry, Capital Futures'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.


Capital Futures EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Capital Futures's EV-to-EBIT distribution charts can be found below:

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


TPE:6024
73GF Score
Capital Futures Corp TPE:6024
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Capital Futures 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$1,725 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$1,725 Mil mean?
Capital Futures (TPE:6024) has a EBIT of NT$1,725 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Capital Futures.
Is Capital Futures' EBIT too high?
Capital Futures' current EBIT is NT$1,725 Mil. Overall, Capital Futures has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Capital Futures' EBIT compare to MS and GS?
Capital Futures' EBIT of NT$1,725 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good EBIT depends on the Capital Markets 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 Capital Futures. Capital Futures's current EBIT is NT$1,725 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Capital Futures stock overvalued right now?
Based on GuruFocus' analysis, Capital Futures (TPE:6024) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$50.41, compared to a current price of NT$64.80 — trading 28.5% above its estimated fair value. The current EBIT is NT$1,725 Mil. Capital Futures' overall GF Score™ is 73/100 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 Capital Futures (TPE:6024), the current EBIT is NT$1,725 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 Capital Futures (TPE:6024) Overvalued in 2026?

Based on GuruFocus' analysis, Capital Futures stock appears to be overvalued. The current stock price of NT$64.80 is trading 28.5% above its estimated GF Value™ of NT$50.41. GuruFocus considers Capital Futures to be Modestly Overvalued.

Key valuation signals for TPE:6024:

  • EBIT: NT$1,725 Mil
  • GF Value™: NT$50.41 vs. price of NT$64.80 (28.5% above fair value)
  • GF Score™: 73/100 with 8 warning signs

No single metric tells the full story. See the TPE:6024 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Capital Futures Business Description

Address No. 97, Tun Hwa South Road, 32nd, B1 & B2 Floor, Section 2, Daan District, Taipei, TWN, 10682
Capital Futures Corp is a financial services company. The company offers futures advisory business, futures management business, leverage exchange agency, securities investment consulting, management consulting and information software service, securities business, futures advisory business, fecurities introducing brokerage, proprietary trading, and others. The company operates in a single reporting segment: the Brokerage segment and is mainly involved in the futures brokerage business.
73GF Score

Get the complete analysis for TPE:6024

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

NT$64.80
Price
NT$50.41
GF Value