Chememan PCL (BKK:CMAN) EBIT: ฿550 Mil (TTM As of Mar. 2026)

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BKK:CMAN Chememan PCL BKK:CMAN
71 GF Score
Price ฿2.84
GF Value ฿2.18
Valuation Modestly Overvalued
! 5 Warning Signs
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What is Chememan PCL EBIT?

Chememan PCL BKK:CMAN +1.43% 71 EBIT is ฿550 Mil as of Mar. 2026. GuruFocus rates BKK:CMAN with a GF Score™ of 71/100 and a GF Value™ of ฿2.18 (Modestly Overvalued). The stock has 5 warning signs investors should review.

Chememan PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿218 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿550 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Chememan PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 11.86%. Chememan PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 18.67%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Chememan PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.50%.


Chememan PCL  (BKK:CMAN) EBIT Explanation

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

Chememan 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 )
=766.524 * ( 1 - 7.37% )/( (5987.715 + 5990.682)/ 2 )
=710.0311812/5989.1985
=11.86 %

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))
=6040.727 - 448.088 - ( 135.379 - max(0, 1572.092 - 1177.016+135.379))
=5987.715

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))
=6300.584 - 395.844 - ( 274.617 - max(0, 1450.334 - 1364.392+274.617))
=5990.682

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

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

Chememan 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 )
=871.084/( ( (4070.016 + max(523.866, 0)) + (4120.207 + max(615.183, 0)) )/ 2 )
=871.084/( ( 4593.882 + 4735.39 )/ 2 )
=871.084/4664.636
=18.67 %

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)
=(578.948 + 372.101 + 55.164) - (448.088 + 17.372 + 16.887)
=523.866

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(611.51 + 379.296 + 68.464) - (395.844 + 7.027 + 41.216)
=615.183

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=550.301/5243.446
=10.50 %

* 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.


Chememan PCL EBIT Related Terms


Chememan PCL EBIT Historical Data

* Premium members only.

The historical data trend for Chememan 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.

Chememan PCL EBIT Chart

Chememan 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 202.83 334.87 382.76 496.62 529.34

Chememan 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 196.81 130.51 73.03 128.99 217.77

BKK:CMAN vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Chememan 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.


Chememan PCL EV-to-EBIT vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Chememan PCL's EV-to-EBIT distribution charts can be found below:

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


BKK:CMAN
71GF Score
Chememan PCL BKK:CMAN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Chememan 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 ฿550 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 ฿550 Mil mean?
Chememan PCL (BKK:CMAN) has a EBIT of ฿550 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Chememan PCL.
Is Chememan PCL's EBIT too high?
Chememan PCL's current EBIT is ฿550 Mil. Overall, Chememan PCL has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Chememan PCL's EBIT compare to LIN and SHW?
Chememan PCL's EBIT of ฿550 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Chememan PCL. Chememan PCL's current EBIT is ฿550 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chememan PCL stock overvalued right now?
Based on GuruFocus' analysis, Chememan PCL (BKK:CMAN) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿2.18, compared to a current price of ฿2.84 — trading 30.3% above its estimated fair value. The current EBIT is ฿550 Mil. Chememan PCL's overall GF Score™ is 71/100 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 Chememan PCL (BKK:CMAN), the current EBIT is ฿550 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 Chememan PCL (BKK:CMAN) Overvalued in 2026?

Based on GuruFocus' analysis, Chememan PCL stock appears to be overvalued. The current stock price of ฿2.84 is trading 30.3% above its estimated GF Value™ of ฿2.18. GuruFocus considers Chememan PCL to be Modestly Overvalued.

Key valuation signals for BKK:CMAN:

  • EBIT: ฿550 Mil
  • GF Value™: ฿2.18 vs. price of ฿2.84 (30.3% above fair value)
  • GF Score™: 71/100 with 5 warning signs

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


Chememan PCL Business Description

Address Rajadapisek Road, 195/11-12 Lake Rajada Office Complex 2, 10th-11th Floor, Klongtoey, Bangkok, THA, 10110
Chememan PCL is engaged in the manufacture and distribution of mineral lime products. The company transforms natural resources into basic and specialty chemicals and synthetic products. Its product offerings include quicklime (Calcium Oxide, CaO), hydrated lime (Calcium Hydroxide, Ca(OH)2), as well as chemical grade and construction limestone (Calcium Carbonate, CaCO3). The group's business operations involve two geographic segments: the company, which is incorporated in Thailand, manufactures and distributes minerals and chemicals; and the subsidiaries, which are incorporated overseas, manufacture and distribute minerals and chemicals. The majority of the group's revenue is derived from its business in Thailand, and the rest from overseas markets.
71GF Score

Get the complete analysis for BKK:CMAN

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

฿2.84
Price
฿2.18
GF Value