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Formosa Optical Technology CoROCO:5312 85 EV-to-EBIT is 7.45 as of Sep. 15, 2026, which is 36% below its 10-year median of 11.70. GuruFocus rates ROCO:5312 with a GF Score™ of 85/100 and a GF Value™ of NT$112.09 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 475 Medical Devices & Instruments companies, Formosa Optical Technology Co ranks better than 82.95% on this metric.
The historical rank and industry rank for Formosa Optical Technology Co's EV-to-EBIT or its related term are showing as below:
ROCO:5312'
s EV-to-EBIT Range Over the Past 10 Years
Min: 7.35 Med: 11.7 Max: 16.1
Current: 7.45
During the past 13 years, the highest EV-to-EBIT of Formosa Optical Technology Co was 16.10. The lowest was 7.35. And the median was 11.70.
ROCO:5312's EV-to-EBIT is ranked better than 82.95% of 475
companies
in the Medical Devices & Instruments industry
Industry Median: 18.05
vs ROCO:5312: 7.45
Formosa Optical Technology Co (ROCO:5312) EV-to-EBIT Explanation
This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.
Formosa Optical Technology Co's Enterprise Value for the quarter that ended in Jun. 2026 was NT$4,275 Mil.
Formosa Optical Technology Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$588 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.
Formosa Optical Technology Co EV-to-EBIT Related Terms
Formosa Optical Technology Co EV-to-EBIT Historical Data
* 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.
ROCO:5312 vs ISRG, BDX, RMD: EV-to-EBIT Comparison
For the Medical Instruments & Supplies subindustry, Formosa Optical Technology 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.
Formosa Optical Technology Co EV-to-EBIT vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Formosa Optical Technology Co's EV-to-EBIT distribution charts can be found below:
* The bar in red indicates where Formosa Optical Technology Co's EV-to-EBIT falls into.
Formosa Optical Technology Co's current Enterprise Value is NT$4,377 Mil.
Formosa Optical Technology Co's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$588 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.
Formosa Optical Technology Co (ROCO:5312) has a EV-to-EBIT of 7.45 as of Sep. 15, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Formosa Optical Technology Co and its competitors. This is 36% below median its historical median of 11.70. Over the past decade, Formosa Optical Technology Co's EV-to-EBIT has ranged from 7.35 to 16.10. According to the industry distribution chart, Formosa Optical Technology Co ranks #81 out of 475 companies in the Medical Devices & Instruments industry, placing it in the top 17.1%.
Is Formosa Optical Technology Co's EV-to-EBIT too high?
Formosa Optical Technology Co's current EV-to-EBIT of 7.45 is 36% below median its 10-year median of 11.70. Over the past 10 years, this metric has ranged from a low of 7.35 to a high of 16.10. The Medical Devices & Instruments industry median EV-to-EBIT is 18.05. Formosa Optical Technology Co's value of 7.45 is 58.7% below this industry median. Based on the distribution chart, Formosa Optical Technology Co ranks #81 out of 475 companies in the Medical Devices & Instruments industry, which is in the top quartile — a strong position relative to peers. Overall, Formosa Optical Technology Co has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Formosa Optical Technology Co's EV-to-EBIT compare to ISRG and BDX?
According to the Medical Devices & Instruments industry distribution chart, Formosa Optical Technology Co ranks #81 out of 475 companies for EV-to-EBIT. This places Formosa Optical Technology Co in the top 17% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 18.05. Formosa Optical Technology Co's value of 7.45 is 58.7% below this benchmark. Historically, Formosa Optical Technology Co's own EV-to-EBIT has ranged from 7.35 to 16.10 over the past decade. While the company's 10-year median is 11.70 vs. the industry median of 18.05, Formosa Optical Technology Co has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Medical Devices & Instruments company?
The median EV-to-EBIT among Medical Devices & Instruments companies is 18.05, based on 475 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Formosa Optical Technology Co's current EV-to-EBIT of 7.45 is 58.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Formosa Optical Technology Co and its competitors. For the Medical Devices & Instruments industry, the median EV-to-EBIT is 18.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formosa Optical Technology Co's current EV-to-EBIT is 7.45, which is 36% below median its own 10-year median of 11.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formosa Optical Technology Co stock overvalued right now?
Based on GuruFocus' analysis, Formosa Optical Technology Co (ROCO:5312) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$112.09, compared to a current price of NT$89.80 — trading 19.9% below its estimated fair value. The current EV-to-EBIT is 7.45, which is 36% below median its 10-year median of 11.70 and 58.7% below the Medical Devices & Instruments industry median of 18.05. Formosa Optical Technology Co's overall GF Score™ is 85/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Formosa Optical Technology Co (ROCO:5312), the current EV-to-EBIT is 7.45 as of Sep. 15, 2026. 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 Formosa Optical Technology Co (ROCO:5312) Overvalued in 2026?
Based on GuruFocus' analysis, Formosa Optical Technology Co stock appears to be undervalued.
The current stock price of NT$89.80 is trading 19.9% below its estimated GF Value™ of NT$112.09.
GuruFocus considers Formosa Optical Technology Co to be Modestly Undervalued.
Key valuation signals for ROCO:5312:
EV-to-EBIT: 7.45 (36% below median its 10-year median of 11.70)
GF Value™: NT$112.09 vs. price of NT$89.80 (19.9% below fair value)
Industry Position: 58.7% below the Medical Devices & Instruments median (#81 of 475)
No single metric tells the full story. See the ROCO:5312 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formosa Optical Technology Co Ltd is mainly engaged in the eyewear business, including optometry services and the retail business selling contact lenses and eye drops. The Group mainly derives revenue from the business divisions of Formosa Optical Technology and Bo Wei Optical, with Formosa Optical Technology generating maximum revenue. The majority of revenue is derived from the sale of glasses. The Group generates the majority of its revenue from Taiwan.
85GF Score
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