Kaori Heat Treatment Co (TPE:8996) EBIT: NT$1,083 Mil (TTM As of Dec. 2025)


TPE:8996 Kaori Heat Treatment Co Ltd TPE:8996
81 GF Score
Price NT$1,230.00
GF Value NT$559.57
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Kaori Heat Treatment Co EBIT?

Kaori Heat Treatment Co TPE:8996 81 EBIT is NT$1,083 Mil as of Dec. 2025. GuruFocus rates TPE:8996 with a GF Score™ of 81/100 and a GF Value™ of NT$559.57 (Significantly Overvalued). The stock has 2 warning signs investors should review.

Kaori Heat Treatment Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$403 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$1,083 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kaori Heat Treatment Co's annualized ROC % for the quarter that ended in Dec. 2025 was 29.73%. Kaori Heat Treatment Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 48.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kaori Heat Treatment Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 0.95%.


Kaori Heat Treatment Co  (TPE:8996) EBIT Explanation

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

Kaori Heat Treatment Co'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 )
=1455.768 * ( 1 - 20.5% )/( (3694.427 + 4091.464)/ 2 )
=1157.33556/3892.9455
=29.73 %

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))
=7028.129 - 1391.743 - ( 1941.959 - max(0, 2603.436 - 4585.456+1941.959))
=3694.427

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))
=8127.058 - 2288.616 - ( 1746.978 - max(0, 3574.698 - 5580.159+1746.978))
=4091.464

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

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

Kaori Heat Treatment Co'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 )
=1613.848/( ( (2013.945 + max(1069.139, 0)) + (2127.37 + max(1441.179, 0)) )/ 2 )
=1613.848/( ( 3083.084 + 3568.549 )/ 2 )
=1613.848/3325.8165
=48.52 %

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)
=(1109.538 + 1426.234 + 61.362) - (1391.743 + 0 + 136.252)
=1069.139

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1803.137 + 1853.492 + 162.396) - (2288.616 + 0 + 89.23)
=1441.179

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:

Kaori Heat Treatment Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=1082.668/113958.813
=0.95 %

* 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.


Kaori Heat Treatment Co EBIT Related Terms


Kaori Heat Treatment Co EBIT Historical Data

* Premium members only.

The historical data trend for Kaori Heat Treatment Co'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.

Kaori Heat Treatment Co EBIT Chart

Kaori Heat Treatment Co 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 205.85 403.20 763.04 772.38 1,082.67

Kaori Heat Treatment Co 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 122.45 171.06 191.37 316.78 403.46

TPE:8996 vs GEV, ETN, PH: EBIT Comparison

For the Specialty Industrial Machinery subindustry, Kaori Heat Treatment Co'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.


Kaori Heat Treatment Co EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Kaori Heat Treatment Co's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kaori Heat Treatment Co's EV-to-EBIT falls into.


TPE:8996
81GF Score
Kaori Heat Treatment Co Ltd TPE:8996
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Kaori Heat Treatment Co 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$1,083 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$1,083 Mil mean?
Kaori Heat Treatment Co (TPE:8996) has a EBIT of NT$1,083 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kaori Heat Treatment Co.
Is Kaori Heat Treatment Co's EBIT too high?
Kaori Heat Treatment Co's current EBIT is NT$1,083 Mil. Overall, Kaori Heat Treatment Co has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kaori Heat Treatment Co's EBIT compare to GEV and ETN?
Kaori Heat Treatment Co's EBIT of NT$1,083 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 Kaori Heat Treatment Co. Kaori Heat Treatment Co's current EBIT is NT$1,083 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kaori Heat Treatment Co stock overvalued right now?
Based on GuruFocus' analysis, Kaori Heat Treatment Co (TPE:8996) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$559.57, compared to a current price of NT$1,230.00 — trading 119.8% above its estimated fair value. The current EBIT is NT$1,083 Mil. Kaori Heat Treatment Co's overall GF Score™ is 81/100 with 2 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 Kaori Heat Treatment Co (TPE:8996), the current EBIT is NT$1,083 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 Kaori Heat Treatment Co (TPE:8996) Overvalued in 2026?

Based on GuruFocus' analysis, Kaori Heat Treatment Co stock appears to be overvalued. The current stock price of NT$1,230.00 is trading 119.8% above its estimated GF Value™ of NT$559.57. GuruFocus considers Kaori Heat Treatment Co to be Significantly Overvalued.

Key valuation signals for TPE:8996:

  • EBIT: NT$1,083 Mil
  • GF Value™: NT$559.57 vs. price of NT$1,230.00 (119.8% above fair value)
  • GF Score™: 81/100 with 2 warning signs

No single metric tells the full story. See the TPE:8996 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kaori Heat Treatment Co Business Description

Address No. 5-2, Jilin North Road, Zhongli District, Taoyuan City, TWN, 320030
Kaori Heat Treatment Co Ltd specializes in producing mechanical hardware, processing fabricated metals, and manufacturing and developing heat exchange products or thermal products. The Group's factories are established in Zhongli, Kaohsiung, etc. Its operating activities include heat treatment processing of various mechanical hardware and fabricated metals, plate heat exchangers, thermal products, and manufacturing activities. The Group operates in a single operating segment of plate heat exchangers, power generation, and thermal energy products. It operates in Asia, America, Europe, and others. The Group generates maximum revenue from America.
81GF Score

Get the complete analysis for TPE:8996

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

NT$1,230.00
Price
NT$559.57
GF Value