Bangkok Commercial Asset Management PCL (BKK:BAM) EBIT: ฿4,647 Mil (TTM As of Mar. 2026)

What is Bangkok Commercial Asset Management PCL EBIT?

Bangkok Commercial Asset Management PCL BKK:BAM 68 EBIT is ฿4,647 Mil as of Mar. 2026. GuruFocus rates BKK:BAM with a GF Score™ of 68/100 and a GF Value™ of ฿7.37 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Bangkok Commercial Asset Management PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿797 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿4,647 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bangkok Commercial Asset Management PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 1.39%. Bangkok Commercial Asset Management PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.86%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bangkok Commercial Asset Management PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 4.41%.

Bangkok Commercial Asset Management PCL (BKK:BAM) EBIT Explanation

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

Bangkok Commercial Asset Management 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 )
=	2108.808 * ( 1 - 13.72% )	/	( (131554.156	+	130333.311)	/ 2 )
=	1819.4795424	/	130943.7335
=	1.39 %

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	))
=	136027.54	-	1663.948	-	( 2809.436	-	max(0, 28442.948	-	127847.934	+	2809.436	))
=	131554.156

	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	))
=	133190.193	-	1489.416	-	( 1367.466	-	max(0, 27373.416	-	124852.802	+	1367.466	))
=	130333.311

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

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

Bangkok Commercial Asset Management 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 )
=	3188.452	/	( ( (1128 + max(63881.085, 0))	+	(1107.322 + max(65148.976, 0)) )	/	2 )
=	3188.452	/	( ( 65009.085	+	66256.298 )	/	2 )
=	3188.452	/	65632.6915
=	4.86 %

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)
=	(24047	+	0	+	41521.033)	-	(1663.948	+	23	+	0)
=	63881.085

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(24661	+	0	+	42006.392)	-	(1489.416	+	29	+	0)
=	65148.976

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:

Bangkok Commercial Asset Management PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	4646.836	/	105347.158
	=	4.41 %

* 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.

Bangkok Commercial Asset Management PCL EBIT Related Terms

Bangkok Commercial Asset Management PCL EBIT Historical Data

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The historical data trend for Bangkok Commercial Asset Management PCL's EBIT can be seen below:

Bangkok Commercial Asset Management PCL EBIT Chart

Bangkok Commercial Asset Management PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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5,321.83

5,562.65

4,444.54

4,566.15

4,742.04

Bangkok Commercial Asset Management 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															892.31	2,292.39	850.15	707.19	797.11

BKK:BAM vs BLK, BX, KKR: EBIT Comparison

For the Asset Management subindustry, Bangkok Commercial Asset Management 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.

Bangkok Commercial Asset Management PCL EV-to-EBIT vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Bangkok Commercial Asset Management PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bangkok Commercial Asset Management PCL's EV-to-EBIT falls into.

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68GF Score

Bangkok Commercial Asset Management PCL BKK:BAM

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Bangkok Commercial Asset Management 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 ฿4,647 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of ฿4,647 Mil mean?

Bangkok Commercial Asset Management PCL (BKK:BAM) has a EBIT of ฿4,647 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bangkok Commercial Asset Management PCL.

Is Bangkok Commercial Asset Management PCL's EBIT too high?

Bangkok Commercial Asset Management PCL's current EBIT is ฿4,647 Mil. Overall, Bangkok Commercial Asset Management PCL has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.

How does Bangkok Commercial Asset Management PCL's EBIT compare to BLK and BX?

Bangkok Commercial Asset Management PCL's EBIT of ฿4,647 Mil can be compared against companies in the Asset Management 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 Asset Management company?

A good EBIT depends on the Asset Management 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 Bangkok Commercial Asset Management PCL. Bangkok Commercial Asset Management PCL's current EBIT is ฿4,647 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Bangkok Commercial Asset Management PCL stock overvalued right now?

Based on GuruFocus' analysis, Bangkok Commercial Asset Management PCL (BKK:BAM) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿7.37, compared to a current price of ฿6.50 — trading 11.8% below its estimated fair value. The current EBIT is ฿4,647 Mil. Bangkok Commercial Asset Management PCL's overall GF Score™ is 68/100 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 Bangkok Commercial Asset Management PCL (BKK:BAM), the current EBIT is ฿4,647 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 Bangkok Commercial Asset Management PCL (BKK:BAM) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Commercial Asset Management PCL stock appears to be undervalued. The current stock price of ฿6.50 is trading 11.8% below its estimated GF Value™ of ฿7.37. GuruFocus considers Bangkok Commercial Asset Management PCL to be Modestly Undervalued.

Key valuation signals for BKK:BAM:

EBIT: ฿4,647 Mil
GF Value™: ฿7.37 vs. price of ฿6.50 (11.8% below fair value)
GF Score™: 68/100 with 5 warning signs

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

Bangkok Commercial Asset Management PCL Business Description

Industry Financial Services Asset Management

Comparable Companies BKK:XPG BKK:MFC BKK:KCC BKK:TIF1 BKK:FNS BLK BX OSTO:INVE A TSX:BN KKR TSX:BAM APO STT OSTO:EQT AMP LSE:III NTRS ARES RJF XSWX:PGHN

Other Exchanges BAM-F:Thailand

Address 99 Surasak Road, Silom Subdistrict, Bangrak District, Bangkok, THA, 10500

Website https://www.bam.co.th

Bangkok Commercial Asset Management PCL engages in purchasing or receiving transfers of non-performing loans (NPLs) and non-performing assets (NPAs) for management and disposal. The Company focuses on asset management operations conducted only in Thailand. Its services include acquiring NPLs from financial institutions and managing them mainly through debt negotiation. It also acquires NPAs from financial institutions, including assets from debt settlements and collateral purchased at auctions from the Legal Execution Department, and adds value by improving and developing properties to make them ready for occupancy for target customers.

68GF Score

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

฿6.50

Price

฿7.37

GF Value

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