KGI Securities (Thailand) PCL (BKK:KGI) EBIT: ฿1,368 Mil (TTM As of Mar. 2026)


BKK:KGI KGI Securities (Thailand) PCL BKK:KGI
71 GF Score
Price ฿4.36
GF Value ฿4.41
Valuation Fairly Valued
! 6 Warning Signs
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What is KGI Securities (Thailand) PCL EBIT?

KGI Securities (Thailand) PCL BKK:KGI -0.46% 71 EBIT is ฿1,368 Mil as of Mar. 2026. GuruFocus rates BKK:KGI with a GF Score™ of 71/100 and a GF Value™ of ฿4.41 (Fairly Valued). The stock has 6 warning signs investors should review.

KGI Securities (Thailand) PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿429 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1,368 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. KGI Securities (Thailand) PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 10.63%. KGI Securities (Thailand) PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 45.47%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. KGI Securities (Thailand) PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.51%.

KGI Securities (Thailand) PCL  (BKK:KGI) EBIT Explanation

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

KGI Securities (Thailand) 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 )
=1561.692 * ( 1 - 20.04% )/( (12485.478 + 11001.796)/ 2 )
=1248.7289232/11743.637
=10.63 %

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))
=17090.804 - 2677.863 - ( 2557.959 - max(0, 7500.718 - 9428.181+2557.959))
=12485.478

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))
=20219.212 - 5570.269 - ( 4461.542 - max(0, 7964.439 - 11611.586+4461.542))
=11001.796

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

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

KGI Securities (Thailand) 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 )
=1714.228/( ( (900.116 + max(4194.181, 0)) + (864.058 + max(1581.596, 0)) )/ 2 )
=1714.228/( ( 5094.297 + 2445.654 )/ 2 )
=1714.228/3769.9755
=45.47 %

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)
=(5010.71 + 0 + 1861.334) - (2677.863 + 0 + 9.0949470177293E-13)
=4194.181

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7150.915 + 0 + 0.94999999999891) - (5570.269 + 0 + 0)
=1581.596

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1368.477/9433.666
=14.51 %

* 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.

KGI Securities (Thailand) PCL EBIT Related Terms

KGI Securities (Thailand) PCL EBIT Historical Data

* Premium members only.

The historical data trend for KGI Securities (Thailand) 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.

KGI Securities (Thailand) PCL EBIT Chart

KGI Securities (Thailand) 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 2,344.54 1,322.10 1,232.54 1,238.41 1,219.47

KGI Securities (Thailand) 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 279.55 232.16 470.25 237.51 428.56

BKK:KGI vs MS, GS, SCHW: EBIT Comparison

For the Capital Markets subindustry, KGI Securities (Thailand) 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.

KGI Securities (Thailand) PCL EV-to-EBIT vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, KGI Securities (Thailand) PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where KGI Securities (Thailand) PCL's EV-to-EBIT falls into.


BKK:KGI
71GF Score
KGI Securities (Thailand) PCL BKK:KGI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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KGI Securities (Thailand) 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 ฿1,368 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 ฿1,368 Mil mean?
KGI Securities (Thailand) PCL (BKK:KGI) has a EBIT of ฿1,368 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on KGI Securities (Thailand) PCL.
Is KGI Securities (Thailand) PCL's EBIT too high?
KGI Securities (Thailand) PCL's current EBIT is ฿1,368 Mil. Overall, KGI Securities (Thailand) PCL has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does KGI Securities (Thailand) PCL's EBIT compare to MS and GS?
KGI Securities (Thailand) PCL's EBIT of ฿1,368 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good EBIT depends on the Capital Markets 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 KGI Securities (Thailand) PCL. KGI Securities (Thailand) PCL's current EBIT is ฿1,368 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is KGI Securities (Thailand) PCL stock overvalued right now?
Based on GuruFocus' analysis, KGI Securities (Thailand) PCL (BKK:KGI) is currently considered Fairly Valued. The stock's GF Value™ is ฿4.41, compared to a current price of ฿4.36 — trading 1.1% below its estimated fair value. The current EBIT is ฿1,368 Mil. KGI Securities (Thailand) PCL's overall GF Score™ is 71/100 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 KGI Securities (Thailand) PCL (BKK:KGI), the current EBIT is ฿1,368 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 KGI Securities (Thailand) PCL (BKK:KGI) Overvalued in 2026?

Based on GuruFocus' analysis, KGI Securities (Thailand) PCL stock appears to be undervalued. The current stock price of ฿4.36 is trading 1.1% below its estimated GF Value™ of ฿4.41. GuruFocus considers KGI Securities (Thailand) PCL to be Fairly Valued.

Key valuation signals for BKK:KGI:

  • EBIT: ฿1,368 Mil
  • GF Value™: ฿4.41 vs. price of ฿4.36 (1.1% below fair value)
  • GF Score™: 71/100 with 6 warning signs

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

KGI Securities (Thailand) PCL Business Description

Address Wireless Road, No. 195, One Bangkok Tower 4, 18th-19th Floor, Lumphini Subdistrict, Pathumwan District, Bangkok, THA, 10330
KGI Securities (Thailand) PCL is a Thailand-based company engaged in the securities and derivatives business. Its business activities include securities brokerage, securities dealing, investment advisory, securities underwriting, securities borrowing and lending, securities registrar, derivatives brokerage, financial advisory, over-the-counter derivative business, sales agent of mutual fund units, and others. The operating segments of the company are the Securities and derivatives brokerage segment, Investment banking segment, Security trading segment and Asset management segment, of which key revenue is generated from the security trading segment. Geographically, the company operates in Thailand.
71GF Score

Get the complete analysis for BKK:KGI

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

฿4.36
Price
฿4.41
GF Value