Italian-Thai Development PCL (BKK:ITD) EBIT: ฿-2,507 Mil (TTM As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

BKK:ITD Italian-Thai Development PCL BKK:ITD
32 GF Score
Price ฿0.42
GF Value ฿0.40
Valuation Fairly Valued
! 8 Warning Signs
View Full Analysis

What is Italian-Thai Development PCL EBIT?

Italian-Thai Development PCL BKK:ITD 32 EBIT is ฿-2,507 Mil as of Mar. 2026. GuruFocus rates BKK:ITD with a GF Score™ of 32/100 and a GF Value™ of ฿0.40 (Fairly Valued). The stock has 8 warning signs investors should review.

Italian-Thai Development PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿391 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿-2,507 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Italian-Thai Development PCL's annualized ROC % for the quarter that ended in Mar. 2026 was -0.83%. Italian-Thai Development PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.37%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Italian-Thai Development PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.95%.


Italian-Thai Development PCL  (BKK:ITD) EBIT Explanation

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

Italian-Thai Development 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 )
=-688.436 * ( 1 - 0% )/( (86121.939 + 80119.746)/ 2 )
=-688.436/83120.8425
=-0.83 %

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))
=84970.958 - 19427.483 - ( 5190.762 - max(0, 61960.47 - 41382.006+5190.762))
=86121.939

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))
=82716.912 - 19274.414 - ( 4109.615 - max(0, 55837.83 - 39160.582+4109.615))
=80119.746

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

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

Italian-Thai Development 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 )
=1563.168/( ( (16323.132 + max(-15405.078, 0)) + (17044.796 + max(-16378.66, 0)) )/ 2 )
=1563.168/( ( 16323.132 + 17044.796 )/ 2 )
=1563.168/16683.964
=9.37 %

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)
=(8756.375 + 5885.979 + 4040.298) - (19427.483 + 11508.611 + 3151.636)
=-15405.078

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(9280.152 + 5982.043 + 3305.354) - (19274.414 + 12740.15 + 2931.645)
=-16378.66

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:

Italian-Thai Development PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-2506.63/36079.702
=-6.95 %

* 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.


Italian-Thai Development PCL EBIT Related Terms


Italian-Thai Development PCL EBIT Historical Data

* Premium members only.

The historical data trend for Italian-Thai Development 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.

Italian-Thai Development PCL EBIT Chart

Italian-Thai Development 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 3,077.61 -1,533.30 2,799.57 -1,337.50 4,499.05

Italian-Thai Development 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 7,396.48 3,533.06 -1,188.63 -5,241.85 390.79

BKK:ITD vs PWR, FIX, EME: EBIT Comparison

For the Engineering & Construction subindustry, Italian-Thai Development 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.


Italian-Thai Development PCL EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Italian-Thai Development PCL's EV-to-EBIT distribution charts can be found below:

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


BKK:ITD
32GF Score
Italian-Thai Development PCL BKK:ITD
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Italian-Thai Development 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 ฿-2,507 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 ฿-2,507 Mil mean?
Italian-Thai Development PCL (BKK:ITD) has a EBIT of ฿-2,507 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Italian-Thai Development PCL.
Is Italian-Thai Development PCL's EBIT too high?
Italian-Thai Development PCL's current EBIT is ฿-2,507 Mil. Overall, Italian-Thai Development PCL has a GF Score™ of 32/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Italian-Thai Development PCL's EBIT compare to PWR and FIX?
Italian-Thai Development PCL's EBIT of ฿-2,507 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 Italian-Thai Development PCL. Italian-Thai Development PCL's current EBIT is ฿-2,507 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Italian-Thai Development PCL stock overvalued right now?
Based on GuruFocus' analysis, Italian-Thai Development PCL (BKK:ITD) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.40, compared to a current price of ฿0.42 — trading 5% above its estimated fair value. The current EBIT is ฿-2,507 Mil. Italian-Thai Development PCL's overall GF Score™ is 32/100 with 8 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 Italian-Thai Development PCL (BKK:ITD), the current EBIT is ฿-2,507 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 Italian-Thai Development PCL (BKK:ITD) Overvalued in 2026?

Based on GuruFocus' analysis, Italian-Thai Development PCL stock appears to be overvalued. The current stock price of ฿0.42 is trading 5% above its estimated GF Value™ of ฿0.40. GuruFocus considers Italian-Thai Development PCL to be Fairly Valued.

Key valuation signals for BKK:ITD:

  • EBIT: ฿-2,507 Mil
  • GF Value™: ฿0.40 vs. price of ฿0.42 (5% above fair value)
  • GF Score™: 32/100 with 8 warning signs

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


Italian-Thai Development PCL Business Description

Address New Petchburi Road, 2034/132-161 Italthai Tower, Bangkapi, Huay Kwang, Bangkok, THA, 10310
Italian-Thai Development PCL is principally engaged in construction services and other services related to construction support, providing soil and coal extraction and removal services, real estate business, manufacturing and selling construction materials and products, including investments in other projects in Thailand and overseas.
32GF Score

Get the complete analysis for BKK:ITD

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

฿0.42
Price
฿0.40
GF Value