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Formosa Optical Technology Co (ROCO:5312) EV-to-EBIT : 9.56 (As of Dec. 14, 2024)


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What is Formosa Optical Technology Co EV-to-EBIT?

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Formosa Optical Technology Co's Enterprise Value is NT$6,194 Mil. Formosa Optical Technology Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was NT$648 Mil. Therefore, Formosa Optical Technology Co's EV-to-EBIT for today is 9.56.

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: 8.21   Med: 11.67   Max: 16.1
Current: 9.56

During the past 13 years, the highest EV-to-EBIT of Formosa Optical Technology Co was 16.10. The lowest was 8.21. And the median was 11.67.

ROCO:5312's EV-to-EBIT is ranked better than
78.88% of 445 companies
in the Medical Devices & Instruments industry
Industry Median: 20.75 vs ROCO:5312: 9.56

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Formosa Optical Technology Co's Enterprise Value for the quarter that ended in Sep. 2024 was NT$5,599 Mil. Formosa Optical Technology Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 was NT$648 Mil. Formosa Optical Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 11.57%.


Formosa Optical Technology Co EV-to-EBIT Historical Data

The historical data trend for Formosa Optical Technology Co's EV-to-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.

* Premium members only.

Formosa Optical Technology Co EV-to-EBIT Chart

Formosa Optical Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.83 13.37 13.62 13.40 8.46

Formosa Optical Technology Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
EV-to-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 9.70 8.46 9.81 8.60 8.64

Competitive Comparison of Formosa Optical Technology Co's EV-to-EBIT

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's EV-to-EBIT Distribution in the 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 EV-to-EBIT Calculation

Formosa Optical Technology Co's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6194.314/648.011
=9.56

Formosa Optical Technology Co's current Enterprise Value is NT$6,194 Mil.
Formosa Optical Technology Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$648 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) 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.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Formosa Optical Technology Co's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2024 ) =EBIT / Enterprise Value (Q: Sep. 2024 )
=648.011/5599.441
=11.57 %

Formosa Optical Technology Co's Enterprise Value for the quarter that ended in Sep. 2024 was NT$5,599 Mil.
Formosa Optical Technology Co's EBIT for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$648 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

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Formosa Optical Technology Co Business Description

Traded in Other Exchanges
N/A
Address
No. 97, Xintai 5th Road, 16th Floor, Section 1, Xizhi District, New Taipei, TWN
Formosa Optical Technology Co Ltd is engaged in the eyewear business, including optometry service and retail business selling contact lenses and eye drops. It generates revenue from products such as spectacle frames, lenses, contact lenses, and others.

Formosa Optical Technology Co Headlines

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