Grande Asset Hotels And Property PCL (BKK:GRAND-R) EBIT: ฿-805 Mil (TTM As of Mar. 2026)

What is Grande Asset Hotels And Property PCL EBIT?

Grande Asset Hotels And Property PCL BKK:GRAND-R 8 EBIT is ฿-805 Mil as of Mar. 2026. GuruFocus rates BKK:GRAND-R with a GF Score™ of 8/100 and a GF Value™ of ฿0.14. The stock has 2 warning signs investors should review.

Grande Asset Hotels And Property PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿-30 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿-805 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Grande Asset Hotels And Property PCL's annualized ROC % for the quarter that ended in Mar. 2026 was -0.95%. Grande Asset Hotels And Property PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.01%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Grande Asset Hotels And Property PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -9.12%.

Grande Asset Hotels And Property PCL (BKK:GRAND-R) EBIT Explanation

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

Grande Asset Hotels And Property 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 )
=	-149.516 * ( 1 - 0% )	/	( (15787.052	+	15801.415)	/ 2 )
=	-149.516	/	15794.2335
=	-0.95 %

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	))
=	12177.645	-	1280.07	-	( 221.515	-	max(0, 7697.782	-	2808.305	+	221.515	))
=	15787.052

	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	))
=	12024.636	-	1329.491	-	( 255.402	-	max(0, 7856.047	-	2749.777	+	255.402	))
=	15801.415

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

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

Grande Asset Hotels And Property 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 )
=	-121.956	/	( ( (6065.804 + max(58.62, 0))	+	(6013.232 + max(-0.079999999999885, 0)) )	/	2 )
=	-121.956	/	( ( 6124.424	+	6013.232 )	/	2 )
=	-121.956	/	6068.828
=	-2.01 %

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)
=	(92.957	+	1164.796	+	683.489)	-	(1280.07	+	126.809	+	475.743)
=	58.62

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(90.04	+	1163.19	+	682.044)	-	(1329.491	+	103.123	+	502.74)
=	-0.079999999999885

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:

Grande Asset Hotels And Property PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	-804.783	/	8829.051
	=	-9.12 %

* 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.

Grande Asset Hotels And Property PCL EBIT Related Terms

Grande Asset Hotels And Property PCL EBIT Historical Data

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The historical data trend for Grande Asset Hotels And Property PCL's EBIT can be seen below:

Grande Asset Hotels And Property PCL EBIT Chart

Grande Asset Hotels And Property PCL Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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-1,422.36

-249.63

136.15

249.41

-693.96

Grande Asset Hotels And Property 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															80.33	-91.78	-146.08	-536.44	-30.49

BKK:GRAND-R vs MAR, HLT, H: EBIT Comparison

For the Lodging subindustry, Grande Asset Hotels And Property 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.

Grande Asset Hotels And Property PCL EV-to-EBIT vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Grande Asset Hotels And Property PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Grande Asset Hotels And Property PCL's EV-to-EBIT falls into.

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Grande Asset Hotels And Property PCL BKK:GRAND-R

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

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Grande Asset Hotels And Property 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 ฿-805 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of ฿-805 Mil mean?

Grande Asset Hotels And Property PCL (BKK:GRAND-R) has a EBIT of ฿-805 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Grande Asset Hotels And Property PCL.

Is Grande Asset Hotels And Property PCL's EBIT too high?

Grande Asset Hotels And Property PCL's current EBIT is ฿-805 Mil. Overall, Grande Asset Hotels And Property PCL has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.

How does Grande Asset Hotels And Property PCL's EBIT compare to MAR and HLT?

Grande Asset Hotels And Property PCL's EBIT of ฿-805 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?

A good EBIT depends on the Travel & Leisure 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 Grande Asset Hotels And Property PCL. Grande Asset Hotels And Property PCL's current EBIT is ฿-805 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Grande Asset Hotels And Property PCL stock overvalued right now?

Grande Asset Hotels And Property PCL (BKK:GRAND-R) has a current EBIT of ฿-805 Mil. The stock's GF Value™ is ฿0.14, compared to a current price of ฿0.04 — trading 71.4% below its estimated fair value. The current EBIT is ฿-805 Mil. Grande Asset Hotels And Property PCL's overall GF Score™ is 8/100 with 2 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 Grande Asset Hotels And Property PCL (BKK:GRAND-R), the current EBIT is ฿-805 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 Grande Asset Hotels And Property PCL (BKK:GRAND-R) Overvalued in 2026?

Based on GuruFocus' analysis, Grande Asset Hotels And Property PCL stock appears to be undervalued. The current stock price of ฿0.04 is trading 71.4% below its estimated GF Value™ of ฿0.14.

Key valuation signals for BKK:GRAND-R:

EBIT: ฿-805 Mil
GF Value™: ฿0.14 vs. price of ฿0.04 (71.4% below fair value)
GF Score™: 8/100 with 2 warning signs

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

Grande Asset Hotels And Property PCL Business Description

Industry Consumer Cyclical Travel & Leisure

Comparable Companies BKK:MANRIN MAR HLT LSE:IHG H HTHT XPAR:AC BOM:500850 WH LSE:WTB XTAE:FTAL CHH XKRX:180640 SAU:4100 SAU:4250 BKK:MINT SHSE:600754 XTAE:ISRO XMAD:MEL SAU:4090

Other Exchanges GRAND:Thailand

Address Sukhumvit Road, Room No 3203-4 32nd Floor, 388, Exchange Tower Building, Khlong Toei Subdistrict, Khlong Toei District, Bangkok, THA, 10110

Website https://www.grandeasset.com

Grande Asset Hotels And Property PCL operates in the hotel industry. It is principally engaged in hotel, property development and rental businesses. The company's reportable segments include Hotel business, Rental business and Property development business. The majority of revenue is derived from the Hotel business segment. The company focuses its business and long-term investment in hotels that are international and globally managed brands and real estate development. Its property portfolio includes Hyde Heritage Thonglor, Hyde Sukhumvit 11 and Amatara Residences Rayong.

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

฿0.04

Price

฿0.14

GF Value

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