Absolute Clean Energy PCL (BKK:ACE) EBIT: ฿1,318 Mil (TTM As of Mar. 2026)

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BKK:ACE Absolute Clean Energy PCL BKK:ACE
78 GF Score
Price ฿1.29
GF Value ฿1.38
Valuation Fairly Valued
! 6 Warning Signs
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What is Absolute Clean Energy PCL EBIT?

Absolute Clean Energy PCL BKK:ACE 78 EBIT is ฿1,318 Mil as of Mar. 2026. GuruFocus rates BKK:ACE with a GF Score™ of 78/100 and a GF Value™ of ฿1.38 (Fairly Valued). The stock has 6 warning signs investors should review.

Absolute Clean Energy PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿432 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1,318 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Absolute Clean Energy PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 4.96%. Absolute Clean Energy PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.76%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Absolute Clean Energy PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.61%.


Absolute Clean Energy PCL  (BKK:ACE) EBIT Explanation

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

Absolute Clean Energy PCL'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 )
=1397.432 * ( 1 - 13.76% )/( (24106.517 + 24449.948)/ 2 )
=1205.1453568/24278.2325
=4.96 %

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))
=25653.553 - 517.232 - ( 1029.804 - max(0, 1915.712 - 3527.958+1029.804))
=24106.517

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))
=25800.881 - 595.282 - ( 755.651 - max(0, 1922.08 - 3264.393+755.651))
=24449.948

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

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

Absolute Clean Energy PCL'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 )
=1726.924/( ( (16538.889 + max(1008.94, 0)) + (16893.658 + max(946.265, 0)) )/ 2 )
=1726.924/( ( 17547.829 + 17839.923 )/ 2 )
=1726.924/17693.876
=9.76 %

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)
=(535.481 + 974.014 + 60.016) - (517.232 + 1.724 + 41.615)
=1008.94

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(512.669 + 1015.269 + 71.655) - (595.282 + 1.713 + 56.333)
=946.265

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

Absolute Clean Energy PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1317.91/19937.816
=6.61 %

* 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.


Absolute Clean Energy PCL EBIT Related Terms


Absolute Clean Energy PCL EBIT Historical Data

* Premium members only.

The historical data trend for Absolute Clean Energy 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.

Absolute Clean Energy PCL EBIT Chart

Absolute Clean Energy 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 1,735.46 1,491.14 1,310.92 1,177.30 1,229.83

Absolute Clean Energy PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 343.65 250.23 337.00 298.95 431.73

Absolute Clean Energy PCL EBIT Competitor Comparison

For the Utilities - Renewable subindustry, Absolute Clean Energy 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.


Absolute Clean Energy PCL EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Absolute Clean Energy PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Absolute Clean Energy PCL's EV-to-EBIT falls into.


BKK:ACE
78GF Score
Absolute Clean Energy PCL BKK:ACE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Absolute Clean Energy 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿1,318 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 ฿1,318 Mil mean?
Absolute Clean Energy PCL (BKK:ACE) has a EBIT of ฿1,318 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Absolute Clean Energy PCL.
Is Absolute Clean Energy PCL's EBIT too high?
Absolute Clean Energy PCL's current EBIT is ฿1,318 Mil. Overall, Absolute Clean Energy PCL has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Absolute Clean Energy PCL's EBIT compare to competitors?
Absolute Clean Energy PCL's EBIT of ฿1,318 Mil can be compared against companies in the Utilities - Independent Power Producers 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 an Utilities - Independent Power Producers company?
A good EBIT depends on the Utilities - Independent Power Producers 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 Absolute Clean Energy PCL. Absolute Clean Energy PCL's current EBIT is ฿1,318 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Absolute Clean Energy PCL stock overvalued right now?
Based on GuruFocus' analysis, Absolute Clean Energy PCL (BKK:ACE) is currently considered Fairly Valued. The stock's GF Value™ is ฿1.38, compared to a current price of ฿1.29 — trading 6.5% below its estimated fair value. The current EBIT is ฿1,318 Mil. Absolute Clean Energy PCL's overall GF Score™ is 78/100 with 6 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 Absolute Clean Energy PCL (BKK:ACE), the current EBIT is ฿1,318 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 Absolute Clean Energy PCL (BKK:ACE) Overvalued in 2026?

Based on GuruFocus' analysis, Absolute Clean Energy PCL stock appears to be undervalued. The current stock price of ฿1.29 is trading 6.5% below its estimated GF Value™ of ฿1.38. GuruFocus considers Absolute Clean Energy PCL to be Fairly Valued.

Key valuation signals for BKK:ACE:

  • EBIT: ฿1,318 Mil
  • GF Value™: ฿1.38 vs. price of ฿1.29 (6.5% below fair value)
  • GF Score™: 78/100 with 6 warning signs

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


Absolute Clean Energy PCL Business Description

Other Exchanges ACE-F:Thailand
Address Silom Road, 140/6 ITF Tower, 7th Floor, Suriyawong, Bang Rak District, Bangkok, THA, 10500
Absolute Clean Energy PCL operates biomass, municipal solid waste, natural gas, and solar energy power plants. The company operates in four reportable segments: biomass, natural gas, municipal solid waste, and solar energy power plants. The company operates only in Thailand. It generates the majority of its revenue from the Biomass power plants segment.
78GF Score

Get the complete analysis for BKK:ACE

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

฿1.29
Price
฿1.38
GF Value