Asia Precision PCL (BKK:APCS) EBIT: ฿-492.2 Mil (TTM As of Mar. 2026)


BKK:APCS Asia Precision PCL BKK:APCS
50 GF Score
Price ฿1.37
GF Value ฿1.09
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Asia Precision PCL EBIT?

Asia Precision PCL BKK:APCS -3.52% 50 EBIT is ฿-492.2 Mil as of Mar. 2026. GuruFocus rates BKK:APCS with a GF Score™ of 50/100 and a GF Value™ of ฿1.09 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Asia Precision PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿-72.7 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿-492.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Asia Precision PCL's annualized ROC % for the quarter that ended in Mar. 2026 was -8.06%. Asia Precision PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -27.48%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Asia Precision PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -35.58%.


Asia Precision PCL  (BKK:APCS) EBIT Explanation

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

Asia Precision 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 )
=-144.412 * ( 1 - 0% )/( (1820.59 + 1761.568)/ 2 )
=-144.412/1791.079
=-8.06 %

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))
=2645.139 - 787.523 - ( 37.026 - max(0, 1258.323 - 1585.785+37.026))
=1820.59

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))
=2573.072 - 781.374 - ( 30.13 - max(0, 1275.643 - 1553.346+30.13))
=1761.568

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

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

Asia Precision 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 )
=-290.908/( ( (595.073 + max(470.864, 0)) + (578.689 + max(472.982, 0)) )/ 2 )
=-290.908/( ( 1065.937 + 1051.671 )/ 2 )
=-290.908/1058.804
=-27.48 %

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)
=(1160.082 + 25.295 + 120.204) - (787.523 + 38.025 + 9.1690000000001)
=470.864

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1164.871 + 28.58 + 171.134) - (781.374 + 100.902 + 9.327)
=472.982

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:

Asia Precision PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-492.189/1383.338
=-35.58 %

* 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.


Asia Precision PCL EBIT Related Terms


Asia Precision PCL EBIT Historical Data

* Premium members only.

The historical data trend for Asia Precision 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.

Asia Precision PCL EBIT Chart

Asia Precision 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 69.85 -212.19 177.62 2.82 -471.34

Asia Precision 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 -51.88 -49.11 -71.99 -298.37 -72.73

BKK:APCS vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Asia Precision 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.


Asia Precision PCL EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Asia Precision PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Asia Precision PCL's EV-to-EBIT falls into.


BKK:APCS
50GF Score
Asia Precision PCL BKK:APCS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Asia Precision 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 ฿-492.2 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 ฿-492.2 Mil mean?
Asia Precision PCL (BKK:APCS) has a EBIT of ฿-492.2 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Asia Precision PCL.
Is Asia Precision PCL's EBIT too high?
Asia Precision PCL's current EBIT is ฿-492.2 Mil. Overall, Asia Precision PCL has a GF Score™ of 50/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Asia Precision PCL's EBIT compare to PWR and FIX?
Asia Precision PCL's EBIT of ฿-492.2 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 Asia Precision PCL. Asia Precision PCL's current EBIT is ฿-492.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asia Precision PCL stock overvalued right now?
Based on GuruFocus' analysis, Asia Precision PCL (BKK:APCS) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿1.09, compared to a current price of ฿1.37 — trading 25.7% above its estimated fair value. The current EBIT is ฿-492.2 Mil. Asia Precision PCL's overall GF Score™ is 50/100 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 Asia Precision PCL (BKK:APCS), the current EBIT is ฿-492.2 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 Asia Precision PCL (BKK:APCS) Overvalued in 2026?

Based on GuruFocus' analysis, Asia Precision PCL stock appears to be overvalued. The current stock price of ฿1.37 is trading 25.7% above its estimated GF Value™ of ฿1.09. GuruFocus considers Asia Precision PCL to be Modestly Overvalued.

Key valuation signals for BKK:APCS:

  • EBIT: ฿-492.2 Mil
  • GF Value™: ฿1.09 vs. price of ฿1.37 (25.7% above fair value)
  • GF Score™: 50/100 with 6 warning signs

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


Asia Precision PCL Business Description

Address Sunphawut Road, 223/53, 13th Floor, Country Complex Tower A, Bangna Tai, Bangna, Bangkok, THA, 10260
Asia Precision PCL, along with its subsidiaries, is principally engaged in engineering and construction (EPC) businesses both domestically and internationally. It is also involved in the parts manufacturing and water distribution business. The operating segments of the group are Mining, EPC, Sales of building materials and administration, and Water resource management. The company has main revenues from the EPC business. Geographically, the group operates in Thailand, Mongolia and Vietnam, of which prime revenue is earned in Thailand.
50GF Score

Get the complete analysis for BKK:APCS

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

฿1.37
Price
฿1.09
GF Value