Triple i Logistics PCL (BKK:III) EBIT: ฿416 Mil (TTM As of Mar. 2026)


BKK:III Triple i Logistics PCL BKK:III
75 GF Score
Price ฿4.24
GF Value ฿6.63
Valuation Significantly Undervalued
! 5 Warning Signs
View Full Analysis

What is Triple i Logistics PCL EBIT?

Triple i Logistics PCL BKK:III 75 EBIT is ฿416 Mil as of Mar. 2026. GuruFocus rates BKK:III with a GF Score™ of 75/100 and a GF Value™ of ฿6.63 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Triple i Logistics PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿105 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿416 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Triple i Logistics PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 0.67%. Triple i Logistics PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 201.39%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Triple i Logistics PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.25%.


Triple i Logistics PCL  (BKK:III) EBIT Explanation

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

Triple i Logistics 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 )
=33.452 * ( 1 - 4.26% )/( (4736.699 + 4887.425)/ 2 )
=32.0269448/4812.062
=0.67 %

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))
=4995.702 - 395.841 - ( 104.557 - max(0, 722.507 - 585.669+104.557))
=4736.699

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))
=5028.707 - 301.205 - ( 105.923 - max(0, 684.816 - 524.893+105.923))
=4887.425

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

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

Triple i Logistics 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 )
=421.864/( ( (215.896 + max(-20.32, 0)) + (203.06 + max(-12.505, 0)) )/ 2 )
=421.864/( ( 215.896 + 203.06 )/ 2 )
=421.864/209.478
=201.39 %

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)
=(357.779 + 3.864 + 19.295) - (395.841 + 0 + 5.4169999999999)
=-20.32

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(292.706 + 3.119 + 21.844) - (301.205 + 0 + 28.969)
=-12.505

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=415.871/3697.543
=11.25 %

* 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.


Triple i Logistics PCL EBIT Related Terms


Triple i Logistics PCL EBIT Historical Data

* Premium members only.

The historical data trend for Triple i Logistics 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.

Triple i Logistics PCL EBIT Chart

Triple i Logistics 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 456.80 892.11 906.21 482.71 430.16

Triple i Logistics 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 119.76 84.82 108.05 117.53 105.47

BKK:III vs FDX, UPS, JBHT: EBIT Comparison

For the Integrated Freight & Logistics subindustry, Triple i Logistics 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.


Triple i Logistics PCL EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Triple i Logistics PCL's EV-to-EBIT distribution charts can be found below:

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


BKK:III
75GF Score
Triple i Logistics PCL BKK:III
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Triple i Logistics 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 ฿416 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 ฿416 Mil mean?
Triple i Logistics PCL (BKK:III) has a EBIT of ฿416 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Triple i Logistics PCL.
Is Triple i Logistics PCL's EBIT too high?
Triple i Logistics PCL's current EBIT is ฿416 Mil. Overall, Triple i Logistics PCL has a GF Score™ of 75/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Triple i Logistics PCL's EBIT compare to FDX and UPS?
Triple i Logistics PCL's EBIT of ฿416 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 Triple i Logistics PCL. Triple i Logistics PCL's current EBIT is ฿416 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Triple i Logistics PCL stock overvalued right now?
Based on GuruFocus' analysis, Triple i Logistics PCL (BKK:III) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿6.63, compared to a current price of ฿4.24 — trading 36% below its estimated fair value. The current EBIT is ฿416 Mil. Triple i Logistics PCL's overall GF Score™ is 75/100 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 Triple i Logistics PCL (BKK:III), the current EBIT is ฿416 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 Triple i Logistics PCL (BKK:III) Overvalued in 2026?

Based on GuruFocus' analysis, Triple i Logistics PCL stock appears to be undervalued. The current stock price of ฿4.24 is trading 36% below its estimated GF Value™ of ฿6.63. GuruFocus considers Triple i Logistics PCL to be Significantly Undervalued.

Key valuation signals for BKK:III:

  • EBIT: ฿416 Mil
  • GF Value™: ฿6.63 vs. price of ฿4.24 (36% below fair value)
  • GF Score™: 75/100 with 5 warning signs

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


Triple i Logistics PCL Business Description

Address Nonsee Road, 628, Triple i Building, 3rd Floor, Soi Klab Chom, Chongnonsee, Yannawa, Bangkok, THA, 10120
Triple i Logistics PCL is a logistics service provider in Thailand. The company's reportable segments include Air Freight, Logistics Management, and Logistics for Chemical and Hazardous Goods. The Air Freight segment operates as an air freight forwarder for both domestic and international routes and provides related airport warehouse management services. The Logistics Management segment provides integrated logistics services by air, inland, and sea for domestic and overseas transportation. The Logistics for Chemical and Hazardous Goods segment offers logistics solutions for sea, air, rail, and inland transport, including warehouse management and distribution services for chemical and hazardous materials. It generates the majority of its revenue from the Air Freight segment.
75GF Score

Get the complete analysis for BKK:III

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

฿4.24
Price
฿6.63
GF Value