Chang Wah Electronmaterials (TPE:8070) EBIT: NT$2,096 Mil (TTM As of Dec. 2025)


TPE:8070 Chang Wah Electronmaterials Inc TPE:8070
79 GF Score
Price NT$55.20
GF Value NT$43.77
Valuation Modestly Overvalued
! 4 Warning Signs
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What is Chang Wah Electronmaterials EBIT?

Chang Wah Electronmaterials TPE:8070 -3.50% 79 EBIT is NT$2,096 Mil as of Dec. 2025. GuruFocus rates TPE:8070 with a GF Score™ of 79/100 and a GF Value™ of NT$43.77 (Modestly Overvalued). The stock has 4 warning signs investors should review.

Chang Wah Electronmaterials's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$99 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$2,096 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chang Wah Electronmaterials's annualized ROC % for the quarter that ended in Dec. 2025 was 0.00%. Chang Wah Electronmaterials's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chang Wah Electronmaterials's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 5.40%.


Chang Wah Electronmaterials  (TPE:8070) EBIT Explanation

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

Chang Wah Electronmaterials'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 )
=2358.628 * ( 1 - 100% )/( (25841.49 + 20035.816)/ 2 )
=0/22938.653
=0.00 %

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))
=40408.013 - 4471.894 - ( 11506.874 - max(0, 9039.034 - 19133.663+11506.874))
=25841.49

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))
=40901.944 - 5248.369 - ( 16884.159 - max(0, 9083.986 - 24701.745+16884.159))
=20035.816

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

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

Chang Wah Electronmaterials'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 )
=394.152/( ( (4051.906 + max(2553.712, 0)) + (4063.959 + max(2075.981, 0)) )/ 2 )
=394.152/( ( 6605.618 + 6139.94 )/ 2 )
=394.152/6372.779
=6.18 %

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)
=(4199.101 + 3108.24 + 198.403) - (4471.894 + 0 + 480.138)
=2553.712

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(4262.291 + 3322.086 + 131.927) - (5248.369 + 0 + 391.954)
=2075.981

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:

Chang Wah Electronmaterials's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=2096.2/38786.586
=5.40 %

* 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.


Chang Wah Electronmaterials EBIT Related Terms


Chang Wah Electronmaterials EBIT Historical Data

* Premium members only.

The historical data trend for Chang Wah Electronmaterials'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.

Chang Wah Electronmaterials EBIT Chart

Chang Wah Electronmaterials 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 3,176.73 4,614.76 2,879.48 3,222.73 2,096.20

Chang Wah Electronmaterials 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 775.54 724.06 183.30 1,090.30 98.54

TPE:8070 vs SNX, ARW, AVT: EBIT Comparison

For the Electronics & Computer Distribution subindustry, Chang Wah Electronmaterials'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.


Chang Wah Electronmaterials EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Chang Wah Electronmaterials's EV-to-EBIT distribution charts can be found below:

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


TPE:8070
79GF Score
Chang Wah Electronmaterials Inc TPE:8070
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Chang Wah Electronmaterials 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$2,096 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$2,096 Mil mean?
Chang Wah Electronmaterials (TPE:8070) has a EBIT of NT$2,096 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Chang Wah Electronmaterials.
Is Chang Wah Electronmaterials' EBIT too high?
Chang Wah Electronmaterials' current EBIT is NT$2,096 Mil. Overall, Chang Wah Electronmaterials has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chang Wah Electronmaterials' EBIT compare to SNX and ARW?
Chang Wah Electronmaterials' EBIT of NT$2,096 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 Chang Wah Electronmaterials. Chang Wah Electronmaterials's current EBIT is NT$2,096 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chang Wah Electronmaterials stock overvalued right now?
Based on GuruFocus' analysis, Chang Wah Electronmaterials (TPE:8070) is currently considered Modestly Overvalued. The stock's GF Value™ is NT$43.77, compared to a current price of NT$55.20 — trading 26.1% above its estimated fair value. The current EBIT is NT$2,096 Mil. Chang Wah Electronmaterials' overall GF Score™ is 79/100 with 4 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 Chang Wah Electronmaterials (TPE:8070), the current EBIT is NT$2,096 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 Chang Wah Electronmaterials (TPE:8070) Overvalued in 2026?

Based on GuruFocus' analysis, Chang Wah Electronmaterials stock appears to be overvalued. The current stock price of NT$55.20 is trading 26.1% above its estimated GF Value™ of NT$43.77. GuruFocus considers Chang Wah Electronmaterials to be Modestly Overvalued.

Key valuation signals for TPE:8070:

  • EBIT: NT$2,096 Mil
  • GF Value™: NT$43.77 vs. price of NT$55.20 (26.1% above fair value)
  • GF Score™: 79/100 with 4 warning signs

No single metric tells the full story. See the TPE:8070 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chang Wah Electronmaterials Business Description

Address No. 16, East 7th Street, 6th Floor, Nanzi District, Kaohsiung, TWN, 811
Chang Wah Electronmaterials Inc trades electrical, telecommunication, and semiconductor materials and parts, and engages in import and export trading, leasing, manufacturing, and selling of electrical appliances, telecommunication equipment, and mechanical parts, retailing of synthetic resin, electronic materials, and components. The company operates in two geographical areas - Taiwan and Asia. The company's reportable segments include IC Leadframe, Substrate, EME, and Others. The majority of its revenue is generated from the EME segment.
79GF Score

Get the complete analysis for TPE:8070

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

NT$55.20
Price
NT$43.77
GF Value