Systex (TPE:6214) EBIT: NT$2,873 Mil (TTM As of Dec. 2025)


TPE:6214 Systex Corp TPE:6214
90 GF Score
Price NT$128.00
GF Value NT$128.60
Valuation Fairly Valued
! 7 Warning Signs
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What is Systex EBIT?

Systex TPE:6214 -1.16% 90 EBIT is NT$2,873 Mil as of Dec. 2025. GuruFocus rates TPE:6214 with a GF Score™ of 90/100 and a GF Value™ of NT$128.60 (Fairly Valued). The stock has 7 warning signs investors should review.

Systex's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$817 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,873 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Systex's annualized ROC % for the quarter that ended in Dec. 2025 was 6.78%. Systex's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 45.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Systex's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 10.13%.


Systex  (TPE:6214) EBIT Explanation

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

Systex'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 )
=1391.368 * ( 1 - 7.64% )/( (19512.152 + 18394.493)/ 2 )
=1285.0674848/18953.3225
=6.78 %

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))
=36828.848 - 7561.493 - ( 10283.854 - max(0, 18025.906 - 27781.109+10283.854))
=19512.152

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))
=38070.864 - 8950.277 - ( 12853.92 - max(0, 18044.697 - 28770.791+12853.92))
=18394.493

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

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

Systex'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 )
=3268.712/( ( (2861.36 + max(6368.122, 0)) + (2876.462 + max(2268.698, 0)) )/ 2 )
=3268.712/( ( 9229.482 + 5145.16 )/ 2 )
=3268.712/7187.321
=45.48 %

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)
=(8317.596 + 6409.762 + 2272.718) - (7561.493 + 0 + 3070.461)
=6368.122

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6030.482 + 6691.869 + 2903.68) - (8950.277 + 0 + 4407.056)
=2268.698

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=2872.587/28345.545
=10.13 %

* 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.


Systex EBIT Related Terms


Systex EBIT Historical Data

* Premium members only.

The historical data trend for Systex'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.

Systex EBIT Chart

Systex 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 1,496.06 1,473.71 2,011.53 2,488.11 2,872.59

Systex 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 471.85 446.66 855.43 753.32 817.18

TPE:6214 vs IBM, ACN, FISV: EBIT Comparison

For the Information Technology Services subindustry, Systex'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.


Systex EV-to-EBIT vs Software Industry

For the Software industry and Technology sector, Systex's EV-to-EBIT distribution charts can be found below:

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


TPE:6214
90GF Score
Systex Corp TPE:6214
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Systex 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$2,873 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$2,873 Mil mean?
Systex (TPE:6214) has a EBIT of NT$2,873 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Systex.
Is Systex's EBIT too high?
Systex's current EBIT is NT$2,873 Mil. Overall, Systex has a GF Score™ of 90/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Systex's EBIT compare to IBM and ACN?
Systex's EBIT of NT$2,873 Mil can be compared against companies in the Software 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 Software company?
A good EBIT depends on the Software 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 Systex. Systex's current EBIT is NT$2,873 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Systex stock overvalued right now?
Based on GuruFocus' analysis, Systex (TPE:6214) is currently considered Fairly Valued. The stock's GF Value™ is NT$128.60, compared to a current price of NT$128.00 — trading 0.5% below its estimated fair value. The current EBIT is NT$2,873 Mil. Systex's overall GF Score™ is 90/100 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 Systex (TPE:6214), the current EBIT is NT$2,873 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 Systex (TPE:6214) Overvalued in 2026?

Based on GuruFocus' analysis, Systex stock appears to be undervalued. The current stock price of NT$128.00 is trading 0.5% below its estimated GF Value™ of NT$128.60. GuruFocus considers Systex to be Fairly Valued.

Key valuation signals for TPE:6214:

  • EBIT: NT$2,873 Mil
  • GF Value™: NT$128.60 vs. price of NT$128.00 (0.5% below fair value)
  • GF Score™: 90/100 with 7 warning signs

No single metric tells the full story. See the TPE:6214 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Systex Business Description

Address 318, Ruiguang Road, Neihu District, Taiepi, TWN, 114
Systex Corp is engaged in sale and lease of computer software and related equipment, transmission and security of value-added network, maintenance of databases, and consultation. It operates in three segments: Industry Application Services, Value-Added Distribution (VAD) Services, and System Integration Value-Added Services. The majority of the revenue is derived from the Value-Added Distribution Services segment, which offers sales, implementation, and technical support for hardware and software products from both domestic and international vendors. It also encompasses cloud platform deployment, enterprise cloud applications, IT professional training, and publishing services, meeting enterprise clients' demand for rapid access to information technology infrastructure and capabilities.
90GF Score

Get the complete analysis for TPE:6214

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

NT$128.00
Price
NT$128.60
GF Value