Bangkok Expressway and Metro PCL (BKK:BEM) EBIT: ฿6,807 Mil (TTM As of Mar. 2026)


BKK:BEM Bangkok Expressway and Metro PCL BKK:BEM
83 GF Score
Price ฿6.10
GF Value ฿7.72
Valuation Modestly Undervalued
! 13 Warning Signs
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What is Bangkok Expressway and Metro PCL EBIT?

Bangkok Expressway and Metro PCL BKK:BEM 83 EBIT is ฿6,807 Mil as of Mar. 2026. GuruFocus rates BKK:BEM with a GF Score™ of 83/100 and a GF Value™ of ฿7.72 (Modestly Undervalued). The stock has 13 warning signs investors should review.

Bangkok Expressway and Metro PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿1,636 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿6,807 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bangkok Expressway and Metro PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 2.98%. Bangkok Expressway and Metro PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1,483.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bangkok Expressway and Metro PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.25%.


Bangkok Expressway and Metro PCL  (BKK:BEM) EBIT Explanation

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

Bangkok Expressway and Metro 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 )
=6545.316 * ( 1 - 19.76% )/( (173150.217 + 178831.682)/ 2 )
=5251.9615584/175990.9495
=2.98 %

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))
=160510.438 - 5037.628 - ( 2327.327 - max(0, 42333.517 - 24656.11+2327.327))
=173150.217

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))
=170932.158 - 4408.294 - ( 4520.638 - max(0, 38872.157 - 26564.339+4520.638))
=178831.682

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 Expressway and Metro 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 )
=6545.316/( ( (437 + max(-4640.615, 0)) + (445.605 + max(-3684.716, 0)) )/ 2 )
=6545.316/( ( 437 + 445.605 )/ 2 )
=6545.316/441.3025
=1,483.18 %

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)
=(597 + 0 + 530.848) - (5037.628 + 232.931 + 497.90400000001)
=-4640.615

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(777.148 + 0 + 581.636) - (4408.294 + 226.636 + 408.57)
=-3684.716

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 Expressway and Metro PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=6806.909/209466.167
=3.25 %

* 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 Expressway and Metro PCL EBIT Related Terms


Bangkok Expressway and Metro PCL EBIT Historical Data

* Premium members only.

The historical data trend for Bangkok Expressway and Metro 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.

Bangkok Expressway and Metro PCL EBIT Chart

Bangkok Expressway and Metro 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 3,308.86 5,168.62 6,565.57 6,985.46 6,841.96

Bangkok Expressway and Metro 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 1,671.38 1,728.35 1,864.29 1,577.94 1,636.33

BKK:BEM vs UNP, CSX, NSC: EBIT Comparison

For the Railroads subindustry, Bangkok Expressway and Metro 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 Expressway and Metro PCL EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Bangkok Expressway and Metro PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bangkok Expressway and Metro PCL's EV-to-EBIT falls into.


BKK:BEM
83GF Score
Bangkok Expressway and Metro PCL BKK:BEM
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangkok Expressway and Metro 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 ฿6,807 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 ฿6,807 Mil mean?
Bangkok Expressway and Metro PCL (BKK:BEM) has a EBIT of ฿6,807 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bangkok Expressway and Metro PCL.
Is Bangkok Expressway and Metro PCL's EBIT too high?
Bangkok Expressway and Metro PCL's current EBIT is ฿6,807 Mil. Overall, Bangkok Expressway and Metro PCL has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Expressway and Metro PCL's EBIT compare to UNP and CSX?
Bangkok Expressway and Metro PCL's EBIT of ฿6,807 Mil can be compared against companies in the Transportation 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 Transportation company?
A good EBIT depends on the Transportation 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 Expressway and Metro PCL. Bangkok Expressway and Metro PCL's current EBIT is ฿6,807 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Expressway and Metro PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Expressway and Metro PCL (BKK:BEM) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿7.72, compared to a current price of ฿6.10 — trading 21% below its estimated fair value. The current EBIT is ฿6,807 Mil. Bangkok Expressway and Metro PCL's overall GF Score™ is 83/100 with 13 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 Expressway and Metro PCL (BKK:BEM), the current EBIT is ฿6,807 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 Expressway and Metro PCL (BKK:BEM) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Expressway and Metro PCL stock appears to be undervalued. The current stock price of ฿6.10 is trading 21% below its estimated GF Value™ of ฿7.72. GuruFocus considers Bangkok Expressway and Metro PCL to be Modestly Undervalued.

Key valuation signals for BKK:BEM:

  • EBIT: ฿6,807 Mil
  • GF Value™: ฿7.72 vs. price of ฿6.10 (21% below fair value)
  • GF Score™: 83/100 with 13 warning signs

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


Bangkok Expressway and Metro PCL Business Description

Other Exchanges BEM-F:Thailand
Address 587 Sutthisarn Road, Ratchacaphisek Subdistrict, Dindaeng District, Bangkok, THA, 10310
Bangkok Expressway and Metro PCL and its subsidiaries are engaged in the construction and management of expressways and the operation of metro lines and commercial development in Thailand. Along with the operation of the Metro Blue Line, the company also handles the advertising and telecommunications maintenance in the trains and stations. Its segments include the Expressway business segment; Rail business segment; Commercial development business segment; and Other segments. The maximum revenue is derived from the Expressway business segment.
83GF Score

Get the complete analysis for BKK:BEM

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

฿6.10
Price
฿7.72
GF Value