Carabao Group PCL (BKK:CBG) EBIT: ฿2,949 Mil (TTM As of Mar. 2026)


BKK:CBG Carabao Group PCL BKK:CBG
84 GF Score
Price ฿48.50
GF Value ฿76.68
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Carabao Group PCL EBIT?

Carabao Group PCL BKK:CBG -1.52% 84 EBIT is ฿2,949 Mil as of Mar. 2026. GuruFocus rates BKK:CBG with a GF Score™ of 84/100 and a GF Value™ of ฿76.68 (Significantly Undervalued). The stock has 3 warning signs investors should review.

Carabao Group PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿810 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿2,949 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Carabao Group PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 14.57%. Carabao Group PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Carabao Group PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.05%.


Carabao Group PCL  (BKK:CBG) EBIT Explanation

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

Carabao Group 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 )
=3013.94 * ( 1 - 24.49% )/( (15643.971 + 15594.319)/ 2 )
=2275.826094/15619.145
=14.57 %

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))
=19045.986 - 1919.109 - ( 1482.906 - max(0, 3526.264 - 5388.919+1482.906))
=15643.971

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))
=20340.023 - 2312.925 - ( 2432.779 - max(0, 3939.468 - 6570.915+2432.779))
=15594.319

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

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

Carabao Group 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 )
=3241.268/( ( (13258.176 + max(1461.459, 0)) + (13371.154 + max(1220.663, 0)) )/ 2 )
=3241.268/( ( 14719.635 + 14591.817 )/ 2 )
=3241.268/14655.726
=22.12 %

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)
=(1452.149 + 1904.697 + 253.949) - (1919.109 + 214.923 + 15.304)
=1461.459

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1471.345 + 2035.53 + 343.107) - (2312.925 + 283.764 + 32.63)
=1220.663

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2948.979/48719.408
=6.05 %

* 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.


Carabao Group PCL EBIT Related Terms


Carabao Group PCL EBIT Historical Data

* Premium members only.

The historical data trend for Carabao Group 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.

Carabao Group PCL EBIT Chart

Carabao Group 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 3,444.77 2,799.11 2,420.36 3,592.38 3,107.67

Carabao Group 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 969.01 1,007.30 796.12 335.24 810.32

BKK:CBG vs KO, PEP, MNST: EBIT Comparison

For the Beverages - Non-Alcoholic subindustry, Carabao Group 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.


Carabao Group PCL EV-to-EBIT vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Carabao Group PCL's EV-to-EBIT distribution charts can be found below:

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


BKK:CBG
84GF Score
Carabao Group PCL BKK:CBG
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Carabao Group 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 ฿2,949 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 ฿2,949 Mil mean?
Carabao Group PCL (BKK:CBG) has a EBIT of ฿2,949 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Carabao Group PCL.
Is Carabao Group PCL's EBIT too high?
Carabao Group PCL's current EBIT is ฿2,949 Mil. Overall, Carabao Group PCL has a GF Score™ of 84/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Carabao Group PCL's EBIT compare to KO and PEP?
Carabao Group PCL's EBIT of ฿2,949 Mil can be compared against companies in the Beverages - Non-Alcoholic 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 Beverages - Non-Alcoholic company?
A good EBIT depends on the Beverages - Non-Alcoholic 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 Carabao Group PCL. Carabao Group PCL's current EBIT is ฿2,949 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Carabao Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Carabao Group PCL (BKK:CBG) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿76.68, compared to a current price of ฿48.50 — trading 36.8% below its estimated fair value. The current EBIT is ฿2,949 Mil. Carabao Group PCL's overall GF Score™ is 84/100 with 3 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 Carabao Group PCL (BKK:CBG), the current EBIT is ฿2,949 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 Carabao Group PCL (BKK:CBG) Overvalued in 2026?

Based on GuruFocus' analysis, Carabao Group PCL stock appears to be undervalued. The current stock price of ฿48.50 is trading 36.8% below its estimated GF Value™ of ฿76.68. GuruFocus considers Carabao Group PCL to be Significantly Undervalued.

Key valuation signals for BKK:CBG:

  • EBIT: ฿2,949 Mil
  • GF Value™: ฿76.68 vs. price of ฿48.50 (36.8% below fair value)
  • GF Score™: 84/100 with 3 warning signs

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


Carabao Group PCL Business Description

Other Exchanges CBG-F:Thailand
Address Silom Road, 393 Silom Building, 393, 7th - 10th Floor, Silom, Bangrak, Bangkok, THA, 10500
Carabao Group PCL manufactures and distributes energy drinks, water, and coffee under different brand names through its subsidiaries. It operates in three reportable segments: Manufacture and distribution of drinks under Group's trademark, Distribution of OEM products under Group's trademark, and Distribution of other products. A majority of the company's revenue is generated from the Manufacture and distribution of drinks under Group's trademark segment, which manufactures and sells carbonated and non-carbonated energy drinks, coffee, sports drinks, and vitamin-C drinks through Carabao and Woody C plus brands. Geographically, the company generates maximum revenue from the domestic market, and the rest from overseas markets like the United Kingdom, and other regions.
84GF Score

Get the complete analysis for BKK:CBG

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

฿48.50
Price
฿76.68
GF Value