Firetrade Engineering PCL (BKK:FTE) EBIT: ฿181 Mil (TTM As of Mar. 2026)


BKK:FTE Firetrade Engineering PCL BKK:FTE
80 GF Score
Price ฿2.60
GF Value ฿1.99
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Firetrade Engineering PCL EBIT?

Firetrade Engineering PCL BKK:FTE -0.76% 80 EBIT is ฿181 Mil as of Mar. 2026. GuruFocus rates BKK:FTE with a GF Score™ of 80/100 and a GF Value™ of ฿1.99 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Firetrade Engineering PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿61 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿181 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Firetrade Engineering PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 20.77%. Firetrade Engineering PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 32.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Firetrade Engineering PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.04%.


Firetrade Engineering PCL  (BKK:FTE) EBIT Explanation

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

Firetrade Engineering 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 )
=245.088 * ( 1 - 20.41% )/( (953.088 + 925.232)/ 2 )
=195.0655392/939.16
=20.77 %

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))
=1280.049 - 210.54 - ( 116.421 - max(0, 301.599 - 912.661+116.421))
=953.088

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))
=1330.793 - 240.228 - ( 165.333 - max(0, 304.625 - 965.123+165.333))
=925.232

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

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

Firetrade Engineering 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 )
=245.088/( ( (310.983 + max(447.803, 0)) + (308.729 + max(431.392, 0)) )/ 2 )
=245.088/( ( 758.786 + 740.121 )/ 2 )
=245.088/749.4535
=32.70 %

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)
=(239.987 + 468.315 + 36.94) - (210.54 + 86.899 + 0)
=447.803

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(237.345 + 446.687 + 47.769) - (240.228 + 60.181 + 0)
=431.392

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=180.773/1636.936
=11.04 %

* 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.


Firetrade Engineering PCL EBIT Related Terms


Firetrade Engineering PCL EBIT Historical Data

* Premium members only.

The historical data trend for Firetrade Engineering 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.

Firetrade Engineering PCL EBIT Chart

Firetrade Engineering 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 60.04 107.57 152.36 151.08 159.88

Firetrade Engineering 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 40.38 44.24 41.74 33.52 61.27

BKK:FTE vs ALLE, MSA, ADT: EBIT Comparison

For the Security & Protection Services subindustry, Firetrade Engineering 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.


Firetrade Engineering PCL EV-to-EBIT vs Business Services Industry

For the Business Services industry and Industrials sector, Firetrade Engineering PCL's EV-to-EBIT distribution charts can be found below:

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


BKK:FTE
80GF Score
Firetrade Engineering PCL BKK:FTE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Firetrade Engineering 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 ฿181 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 ฿181 Mil mean?
Firetrade Engineering PCL (BKK:FTE) has a EBIT of ฿181 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Firetrade Engineering PCL.
Is Firetrade Engineering PCL's EBIT too high?
Firetrade Engineering PCL's current EBIT is ฿181 Mil. Overall, Firetrade Engineering PCL has a GF Score™ of 80/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Firetrade Engineering PCL's EBIT compare to ALLE and MSA?
Firetrade Engineering PCL's EBIT of ฿181 Mil can be compared against companies in the Business Services 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 Business Services company?
A good EBIT depends on the Business Services 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 Firetrade Engineering PCL. Firetrade Engineering PCL's current EBIT is ฿181 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firetrade Engineering PCL stock overvalued right now?
Based on GuruFocus' analysis, Firetrade Engineering PCL (BKK:FTE) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿1.99, compared to a current price of ฿2.60 — trading 30.7% above its estimated fair value. The current EBIT is ฿181 Mil. Firetrade Engineering PCL's overall GF Score™ is 80/100 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 Firetrade Engineering PCL (BKK:FTE), the current EBIT is ฿181 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 Firetrade Engineering PCL (BKK:FTE) Overvalued in 2026?

Based on GuruFocus' analysis, Firetrade Engineering PCL stock appears to be overvalued. The current stock price of ฿2.60 is trading 30.7% above its estimated GF Value™ of ฿1.99. GuruFocus considers Firetrade Engineering PCL to be Significantly Overvalued.

Key valuation signals for BKK:FTE:

  • EBIT: ฿181 Mil
  • GF Value™: ฿1.99 vs. price of ฿2.60 (30.7% above fair value)
  • GF Score™: 80/100 with 6 warning signs

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


Firetrade Engineering PCL Business Description

Address 1198/5 Rama 9 Road, Phatthanakan Sub-district, Suanluang District, Bangkok, THA, 10250
Firetrade Engineering PCL is engaged in the sales of fire protection equipment and systems, design, installation, repair, and maintenance of fire protection systems. The company operates in two main business segments, namely sales of fire protection equipment systems and project works and services (design, installation, repair and maintenance of fire protection systems). Its products include fire protection equipment, foam system, cold water, and sanitary valves. The sales of the fire protection equipment systems segment act as a revenue driver for the firm. Its operations are in a single geographic area mainly in Thailand.
80GF Score

Get the complete analysis for BKK:FTE

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

฿2.60
Price
฿1.99
GF Value