AP Memory Technology (TPE:6531) EBIT: NT$1,521 Mil (TTM As of Dec. 2025)


TPE:6531 AP Memory Technology Corp TPE:6531
79 GF Score
Price NT$1,100.00
GF Value NT$588.38
Valuation Significantly Overvalued
! 1 Warning Sign
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What is AP Memory Technology EBIT?

AP Memory Technology TPE:6531 +2.80% 79 EBIT is NT$1,521 Mil as of Dec. 2025. GuruFocus rates TPE:6531 with a GF Score™ of 79/100 and a GF Value™ of NT$588.38 (Significantly Overvalued). The stock has 1 warning sign investors should review.

AP Memory Technology's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$910 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,521 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. AP Memory Technology's annualized ROC % for the quarter that ended in Dec. 2025 was 59.51%. AP Memory Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 1,614.59%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. AP Memory Technology's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.90%.


AP Memory Technology  (TPE:6531) EBIT Explanation

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

AP Memory 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 )
=2289.204 * ( 1 - 17.48% )/( (3366.588 + 2982.162)/ 2 )
=1889.0511408/3174.375
=59.51 %

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))
=13383.314 - 745.294 - ( 9271.432 - max(0, 1655.406 - 11042.9+9271.432))
=3366.588

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))
=14740.272 - 1106.481 - ( 11019.006 - max(0, 2287.583 - 12939.212+11019.006))
=2982.162

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

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

AP Memory 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 )
=3638.792/( ( (81.259 + max(279.491, 0)) + (89.99 + max(-245.45, 0)) )/ 2 )
=3638.792/( ( 360.75 + 89.99 )/ 2 )
=3638.792/225.37
=1,614.59 %

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)
=(584.186 + 1006.189 + 74.111999999999) - (745.294 + 0 + 639.702)
=279.491

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(588.49 + 1144.751 + 87.624) - (1106.481 + 0 + 959.834)
=-245.45

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1520.956/168466.611
=0.90 %

* 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.


AP Memory Technology EBIT Related Terms


AP Memory Technology EBIT Historical Data

* Premium members only.

The historical data trend for AP Memory 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.

AP Memory Technology EBIT Chart

AP Memory 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 2,516.22 2,450.85 1,620.73 2,034.93 1,520.96

AP Memory Technology 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 714.86 435.27 -684.36 860.35 909.70

TPE:6531 vs NVDA, AVGO, MU: EBIT Comparison

For the Semiconductors subindustry, AP Memory 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.


AP Memory Technology EV-to-EBIT vs Semiconductors Industry

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

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


TPE:6531
79GF Score
AP Memory Technology Corp TPE:6531
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

AP Memory 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$1,521 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$1,521 Mil mean?
AP Memory Technology (TPE:6531) has a EBIT of NT$1,521 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on AP Memory Technology.
Is AP Memory Technology's EBIT too high?
AP Memory Technology's current EBIT is NT$1,521 Mil. Overall, AP Memory Technology has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does AP Memory Technology's EBIT compare to NVDA and AVGO?
AP Memory Technology's EBIT of NT$1,521 Mil can be compared against companies in the Semiconductors 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 Semiconductors company?
A good EBIT depends on the Semiconductors 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 AP Memory Technology. AP Memory Technology's current EBIT is NT$1,521 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AP Memory Technology stock overvalued right now?
Based on GuruFocus' analysis, AP Memory Technology (TPE:6531) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$588.38, compared to a current price of NT$1,100.00 — trading 87% above its estimated fair value. The current EBIT is NT$1,521 Mil. AP Memory Technology's overall GF Score™ is 79/100 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 AP Memory Technology (TPE:6531), the current EBIT is NT$1,521 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 AP Memory Technology (TPE:6531) Overvalued in 2026?

Based on GuruFocus' analysis, AP Memory Technology stock appears to be overvalued. The current stock price of NT$1,100.00 is trading 87% above its estimated GF Value™ of NT$588.38. GuruFocus considers AP Memory Technology to be Significantly Overvalued.

Key valuation signals for TPE:6531:

  • EBIT: NT$1,521 Mil
  • GF Value™: NT$588.38 vs. price of NT$1,100.00 (87% above fair value)
  • GF Score™: 79/100 with 1 warning sign

No single metric tells the full story. See the TPE:6531 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


AP Memory Technology Business Description

Address No. 1, Taiyuan 1st Street, 10th Floor-1, Hsinchu County, Zhubei, TWN, 30288
AP Memory Technology Corp is a memory IC design company. The company is engaged in the research, development, production, and sale of various integrated circuit (IC) products, and provides technical services related to the product design, research, and development. The company has two reportable segments: IOT Business Unit, which generates maximum revenue, is involved in the design, sales, and licensing of customized memory solutions; and the AI Business Unit, which is involved in the design, sales, and licensing of heterogeneous integrated chip solutions. Geographically, the company derives its key revenue from China, Taiwan, America, Europe, Singapore, Japan, and other regions.
79GF Score

Get the complete analysis for TPE:6531

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

NT$1,100.00
Price
NT$588.38
GF Value