Powertech Technology (TPE:6239) Operating Income: NT$9,345 Mil (TTM As of Mar. 2026)

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TPE:6239 Powertech Technology Inc TPE:6239
70 GF Score
Price NT$279.50
GF Value NT$163.07
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Powertech Technology Operating Income?

Powertech Technology TPE:6239 -4.93% 70 Operating Income is NT$9,345 Mil as of Mar. 2026. GuruFocus rates TPE:6239 with a GF Score™ of 70/100 and a GF Value™ of NT$163.07 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Powertech Technology's Operating Income for the three months ended in Mar. 2026 was NT$2,761 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was NT$9,345 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Powertech Technology's Operating Income for the three months ended in Mar. 2026 was NT$2,761 Mil. Powertech Technology's Revenue for the three months ended in Mar. 2026 was NT$21,314 Mil. Therefore, Powertech Technology's Operating Margin % for the quarter that ended in Mar. 2026 was 12.95%.

Warning Sign:

Powertech Technology Inc operating margin has been in a 5-year decline. The average rate of decline per year is -6.8%.

Powertech Technology's 5-Year average Growth Rate for Operating Margin % was -6.80% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Powertech Technology's annualized ROC % for the quarter that ended in Mar. 2026 was 8.61%. Powertech Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 16.10%.


Powertech Technology  (TPE:6239) Operating Income Explanation

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

Powertech Technology's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=11042.76 * ( 1 - 24.4% )/( (95145.896 + 98822.645)/ 2 )
=8348.32656/96984.2705
=8.61 %

where

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))
=123163.392 - 11642.349 - ( 16375.147 - max(0, 23776.211 - 46364.934+16375.147))
=95145.896

Invested Capital(Q: Mar. 2026 )
=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))
=126980.482 - 12135.32 - ( 16022.517 - max(0, 24510.579 - 47281.423+16022.517))
=98822.645

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Powertech Technology's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=13073.94/( ( (72038.43 + max(7290.626, 0)) + (74957.071 + max(8166.239, 0)) )/ 2 )
=13073.94/( ( 79329.056 + 83123.31 )/ 2 )
=13073.94/81226.183
=16.10 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(18537.158 + 6565.731 + 1199.83) - (11642.349 + 0 + 7369.744)
=7290.626

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19456.988 + 6857.251 + 1333.982) - (12135.32 + 0 + 7346.662)
=8166.239

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Powertech Technology's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=2760.69/21314.167
=12.95 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Powertech Technology Operating Income Related Terms


Powertech Technology Operating Income Historical Data

* Premium members only.

The historical data trend for Powertech Technology's Operating Income 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.

Powertech Technology Operating Income Chart

Powertech Technology Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14,473.91 12,448.75 8,153.04 9,382.27 8,131.84

Powertech Technology Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income 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 1,547.26 1,835.91 2,052.20 2,696.47 2,760.69
TPE:6239
70GF Score
Powertech Technology Inc TPE:6239
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Powertech Technology Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$9,345 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 Operating Income →
What does a Operating Income of NT$9,345 Mil mean?
Powertech Technology (TPE:6239) has a Operating Income of NT$9,345 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Powertech Technology and its competitors.
Is Powertech Technology's Operating Income too high?
Powertech Technology's current Operating Income is NT$9,345 Mil. Overall, Powertech Technology has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Powertech Technology's Operating Income compare to NVDA and AVGO?
Powertech Technology's Operating Income of NT$9,345 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Semiconductors company?
A good Operating Income depends on the Semiconductors industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Powertech Technology and its competitors. Powertech Technology's current Operating Income is NT$9,345 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Powertech Technology stock overvalued right now?
Based on GuruFocus' analysis, Powertech Technology (TPE:6239) is currently considered Significantly Overvalued. The stock's GF Value™ is NT$163.07, compared to a current price of NT$279.50 — trading 71.4% above its estimated fair value. The current Operating Income is NT$9,345 Mil. Powertech Technology's overall GF Score™ is 70/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Powertech Technology (TPE:6239), the current Operating Income is NT$9,345 Mil as of Mar. 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 Powertech Technology (TPE:6239) Overvalued in 2026?

Based on GuruFocus' analysis, Powertech Technology stock appears to be overvalued. The current stock price of NT$279.50 is trading 71.4% above its estimated GF Value™ of NT$163.07. GuruFocus considers Powertech Technology to be Significantly Overvalued.

Key valuation signals for TPE:6239:

  • Operating Income: NT$9,345 Mil
  • GF Value™: NT$163.07 vs. price of NT$279.50 (71.4% above fair value)
  • GF Score™: 70/100 with 5 warning signs

No single metric tells the full story. See the TPE:6239 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Powertech Technology Business Description

Address No.10, Datong Road, Hsinchu Industrial Park, HuKou Shiang, Hsinchu, TWN, 303035
Powertech Technology Inc is mainly engaged in the manufacturing, packaging, testing, researching and developing, designing, assembling, and selling of various integrated circuit products. PTI also provides semiconductor testing and assembly services on a turnkey basis, in which PTI buys fabricated wafers and sells tested and assembled semiconductors. The company serves international customers with services including chip bumping, chip probing, IC assembly, final testing, burn-in, and system-level assembly. Geographically, the company derives a majority of its revenue from Taiwan followed by Singapore, Japan, America, Europe, China, Hong Kong, Macao, and other regions.
70GF Score

Get the complete analysis for TPE:6239

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

NT$279.50
Price
NT$163.07
GF Value