Taiwan Secom Co (TPE:9917) EBIT: NT$3,816 Mil (TTM As of Dec. 2025)


TPE:9917 Taiwan Secom Co Ltd TPE:9917
90 GF Score
Price NT$108.00
GF Value NT$139.14
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Taiwan Secom Co EBIT?

Taiwan Secom Co TPE:9917 +1.89% 90 EBIT is NT$3,816 Mil as of Dec. 2025. GuruFocus rates TPE:9917 with a GF Score™ of 90/100 and a GF Value™ of NT$139.14 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Taiwan Secom Co's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was NT$966 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was NT$3,816 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Taiwan Secom Co's annualized ROC % for the quarter that ended in Dec. 2025 was 9.76%. Taiwan Secom Co's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 31.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Taiwan Secom Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 7.45%.


Taiwan Secom Co  (TPE:9917) EBIT Explanation

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

Taiwan Secom 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 )
=2941.636 * ( 1 - 13.72% )/( (26828.64 + 25162.449)/ 2 )
=2538.0435408/25995.5445
=9.76 %

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))
=29771.448 - 936.58 - ( 5632.137 - max(0, 8138.43 - 10144.658+5632.137))
=26828.64

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))
=30862.301 - 3869.538 - ( 6181.915 - max(0, 8833.35 - 10663.664+6181.915))
=25162.449

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

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

Taiwan Secom 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 )
=3863.124/( ( (12286.482 + max(-1699.781, 0)) + (12264.909 + max(-2357.725, 0)) )/ 2 )
=3863.124/( ( 12286.482 + 12264.909 )/ 2 )
=3863.124/12275.6955
=31.47 %

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)
=(1544.884 + 678.105 + 1390.402) - (936.58 + 0 + 4376.592)
=-1699.781

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1301.544 + 703.488 + 1415.331) - (3869.538 + 0 + 1908.55)
=-2357.725

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:

Taiwan Secom Co's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=3815.776/51218.306
=7.45 %

* 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.


Taiwan Secom Co EBIT Related Terms


Taiwan Secom Co EBIT Historical Data

* Premium members only.

The historical data trend for Taiwan Secom 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.

Taiwan Secom Co EBIT Chart

Taiwan Secom 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 3,134.83 3,197.44 3,304.43 3,633.95 3,815.78

Taiwan Secom 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 936.11 922.28 941.72 986.00 965.78

TPE:9917 vs ALLE, MSA, ADT: EBIT Comparison

For the Security & Protection Services subindustry, Taiwan Secom 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.


Taiwan Secom Co EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Taiwan Secom Co's EV-to-EBIT distribution charts can be found below:

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


TPE:9917
90GF Score
Taiwan Secom Co Ltd TPE:9917
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Taiwan Secom 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$3,816 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$3,816 Mil mean?
Taiwan Secom Co (TPE:9917) has a EBIT of NT$3,816 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Taiwan Secom Co.
Is Taiwan Secom Co's EBIT too high?
Taiwan Secom Co's current EBIT is NT$3,816 Mil. Overall, Taiwan Secom Co has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Taiwan Secom Co's EBIT compare to ALLE and MSA?
Taiwan Secom Co's EBIT of NT$3,816 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 Taiwan Secom Co. Taiwan Secom Co's current EBIT is NT$3,816 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Taiwan Secom Co stock overvalued right now?
Based on GuruFocus' analysis, Taiwan Secom Co (TPE:9917) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$139.14, compared to a current price of NT$108.00 — trading 22.4% below its estimated fair value. The current EBIT is NT$3,816 Mil. Taiwan Secom Co's overall GF Score™ is 90/100 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 Taiwan Secom Co (TPE:9917), the current EBIT is NT$3,816 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 Taiwan Secom Co (TPE:9917) Overvalued in 2026?

Based on GuruFocus' analysis, Taiwan Secom Co stock appears to be undervalued. The current stock price of NT$108.00 is trading 22.4% below its estimated GF Value™ of NT$139.14. GuruFocus considers Taiwan Secom Co to be Modestly Undervalued.

Key valuation signals for TPE:9917:

  • EBIT: NT$3,816 Mil
  • GF Value™: NT$139.14 vs. price of NT$108.00 (22.4% below fair value)
  • GF Score™: 90/100 with 4 warning signs

No single metric tells the full story. See the TPE:9917 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Taiwan Secom Co Business Description

Address 13th Floor, No.135, Jingmao 2nd Road, Nangang District, Taipei, TWN
Taiwan Secom Co Ltd is engaged mainly in the security service. Its segments consist of Electronic systems segment engages in security system related service; Security services segment engages in security guarding related service; Cash delivery services engages in cash delivery service; Logistics services segment engages in logistic service; and Catering services segment engages in catering services. It derives the majority of revenue from Electronic systems segment.
90GF Score

Get the complete analysis for TPE:9917

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

NT$108.00
Price
NT$139.14
GF Value