2S Metal PCL (BKK:2S-F) EBIT: ฿466 Mil (TTM As of Jun. 2026)

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BKK:2S-F 2S Metal PCL BKK:2S-F
69 GF Score
Price ฿1.25
GF Value ฿0.93
! 5 Warning Signs
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What is 2S Metal PCL EBIT?

2S Metal PCL BKK:2S-F 69 EBIT is ฿466 Mil as of Jun. 2026. GuruFocus rates BKK:2S-F with a GF Score™ of 69/100 and a GF Value™ of ฿0.93. The stock has 5 warning signs investors should review.

2S Metal PCL's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was ฿285 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿466 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. 2S Metal PCL's annualized ROC % for the quarter that ended in Jun. 2026 was 45.35%. 2S Metal PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 63.73%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. 2S Metal PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 26.05%.


2S Metal PCL  (BKK:2S-F) EBIT Explanation

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

2S Metal PCL's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=1049.496 * ( 1 - 20.33% )/( (1729.61 + 1958.262)/ 2 )
=836.1334632/1843.936
=45.35 %

where

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))
=2737.207 - 499.885 - ( 507.712 - max(0, 505.138 - 2063.042+507.712))
=1729.61

Invested Capital(Q: Jun. 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))
=2672.59 - 270.122 - ( 444.206 - max(0, 275.691 - 2005.487+444.206))
=1958.262

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

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

2S Metal PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1141.964/( ( (654.228 + max(1027.941, 0)) + (645.194 + max(1256.342, 0)) )/ 2 )
=1141.964/( ( 1682.169 + 1901.536 )/ 2 )
=1141.964/1791.8525
=63.73 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(507.378 + 927.108 + 97.023) - (499.885 + 0 + 3.683)
=1027.941

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(450.744 + 1048.379 + 31.015) - (270.122 + 0 + 3.674)
=1256.342

When net working capital is negative, 0 is used.

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

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

2S Metal PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=466.053/1788.738
=26.05 %

* 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.


2S Metal PCL EBIT Related Terms


2S Metal PCL EBIT Historical Data

* Premium members only.

The historical data trend for 2S Metal PCL'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.

2S Metal PCL EBIT Chart

2S Metal PCL 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 926.40 -123.12 166.35 30.52 177.49

2S Metal PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 94.91 -0.35 2.67 178.24 285.49

BKK:2S-F vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, 2S Metal PCL'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.


2S Metal PCL EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, 2S Metal PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where 2S Metal PCL's EV-to-EBIT falls into.


BKK:2S-F
69GF Score
2S Metal PCL BKK:2S-F
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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2S Metal PCL 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿466 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 ฿466 Mil mean?
2S Metal PCL (BKK:2S-F) has a EBIT of ฿466 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on 2S Metal PCL.
Is 2S Metal PCL's EBIT too high?
2S Metal PCL's current EBIT is ฿466 Mil. Overall, 2S Metal PCL has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does 2S Metal PCL's EBIT compare to NUE and STLD?
2S Metal PCL's EBIT of ฿466 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 2S Metal PCL. 2S Metal PCL's current EBIT is ฿466 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2S Metal PCL stock overvalued right now?
2S Metal PCL (BKK:2S-F) has a current EBIT of ฿466 Mil. The stock's GF Value™ is ฿0.93, compared to a current price of ฿1.25 — trading 34.9% above its estimated fair value. The current EBIT is ฿466 Mil. 2S Metal PCL's overall GF Score™ is 69/100 with 5 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 2S Metal PCL (BKK:2S-F), the current EBIT is ฿466 Mil as of Jun. 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 2S Metal PCL (BKK:2S-F) Overvalued in 2026?

Based on GuruFocus' analysis, 2S Metal PCL stock appears to be overvalued. The current stock price of ฿1.25 is trading 34.9% above its estimated GF Value™ of ฿0.93.

Key valuation signals for BKK:2S-F:

  • EBIT: ฿466 Mil
  • GF Value™: ฿0.93 vs. price of ฿1.25 (34.9% above fair value)
  • GF Score™: 69/100 with 5 warning signs

No single metric tells the full story. See the BKK:2S-F stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


2S Metal PCL Business Description

Other Exchanges 2S:Thailand
Address No. 8/5 Moo 14, Thachang Subdistrict, Bangklam District, Songkhla Province, Songkhla, THA, 90110
2S Metal PCL is a Thailand-based company engaged in the manufacture, distribution, and trade of steel products. It is mainly engaged in manufacturing steel pipes, steel plates, light lip channels, and steel wire mesh, and trading steel products. The company's operating segments are the trading of steel products, including raw materials, and the production and distribution of steel products. The majority of its revenue is generated from the production and distribution of steel products. Geographically, it derives maximum revenue from the local market and the rest from the Lao People's Democratic Republic.
69GF Score

Get the complete analysis for BKK:2S-F

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

฿1.25
Price
฿0.93
GF Value