Mahachai Hospital PCL (BKK:M-CHAI) EBIT: ฿527 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:M-CHAI Mahachai Hospital PCL BKK:M-CHAI
73 GF Score
Price ฿19.40
GF Value ฿28.66
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Mahachai Hospital PCL EBIT?

Mahachai Hospital PCL BKK:M-CHAI +0.52% 73 EBIT is ฿527 Mil as of Mar. 2026. GuruFocus rates BKK:M-CHAI with a GF Score™ of 73/100 and a GF Value™ of ฿28.66 (Possible Value Trap). The stock has 5 warning signs investors should review.

Mahachai Hospital PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿110 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿527 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mahachai Hospital PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 3.36%. Mahachai Hospital PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mahachai Hospital PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.11%.


Mahachai Hospital PCL  (BKK:M-CHAI) EBIT Explanation

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

Mahachai Hospital 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 )
=401.944 * ( 1 - 5.48% )/( (11411.743 + 11170.591)/ 2 )
=379.9174688/11291.167
=3.36 %

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))
=11060.994 - 854.765 - ( 395.187 - max(0, 2410.566 - 1205.052+395.187))
=11411.743

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))
=10823.164 - 796.454 - ( 228.357 - max(0, 2239.774 - 1095.893+228.357))
=11170.591

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

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

Mahachai Hospital 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 )
=439.22/( ( (8672.964 + max(-360.122, 0)) + (8526.94 + max(-205.307, 0)) )/ 2 )
=439.22/( ( 8672.964 + 8526.94 )/ 2 )
=439.22/8599.952
=5.11 %

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)
=(481.078 + 177.176 + 34.893) - (854.765 + 20.741 + 177.763)
=-360.122

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(445.475 + 218.768 + 50.61) - (796.454 + 17.714 + 105.992)
=-205.307

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=527.25/10320.339
=5.11 %

* 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.


Mahachai Hospital PCL EBIT Related Terms


Mahachai Hospital PCL EBIT Historical Data

* Premium members only.

The historical data trend for Mahachai Hospital 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.

Mahachai Hospital PCL EBIT Chart

Mahachai Hospital 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 481.17 712.24 770.98 438.70 514.19

Mahachai Hospital 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 96.74 100.47 226.82 90.15 109.81

BKK:M-CHAI vs HCA, THC, DVA: EBIT Comparison

For the Medical Care Facilities subindustry, Mahachai Hospital 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.


Mahachai Hospital PCL EV-to-EBIT vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Mahachai Hospital PCL's EV-to-EBIT distribution charts can be found below:

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


BKK:M-CHAI
73GF Score
Mahachai Hospital PCL BKK:M-CHAI
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mahachai Hospital 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 ฿527 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 ฿527 Mil mean?
Mahachai Hospital PCL (BKK:M-CHAI) has a EBIT of ฿527 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Mahachai Hospital PCL.
Is Mahachai Hospital PCL's EBIT too high?
Mahachai Hospital PCL's current EBIT is ฿527 Mil. Overall, Mahachai Hospital PCL has a GF Score™ of 73/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Mahachai Hospital PCL's EBIT compare to HCA and THC?
Mahachai Hospital PCL's EBIT of ฿527 Mil can be compared against companies in the Healthcare Providers & 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 Healthcare Providers & Services company?
A good EBIT depends on the Healthcare Providers & 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 Mahachai Hospital PCL. Mahachai Hospital PCL's current EBIT is ฿527 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mahachai Hospital PCL stock overvalued right now?
Based on GuruFocus' analysis, Mahachai Hospital PCL (BKK:M-CHAI) is currently considered Possible Value Trap. The stock's GF Value™ is ฿28.66, compared to a current price of ฿19.40 — trading 32.3% below its estimated fair value. The current EBIT is ฿527 Mil. Mahachai Hospital PCL's overall GF Score™ is 73/100 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 Mahachai Hospital PCL (BKK:M-CHAI), the current EBIT is ฿527 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 Mahachai Hospital PCL (BKK:M-CHAI) Overvalued in 2026?

Based on GuruFocus' analysis, Mahachai Hospital PCL stock appears to be undervalued. The current stock price of ฿19.40 is trading 32.3% below its estimated GF Value™ of ฿28.66. GuruFocus considers Mahachai Hospital PCL to be Possible Value Trap.

Key valuation signals for BKK:M-CHAI:

  • EBIT: ฿527 Mil
  • GF Value™: ฿28.66 vs. price of ฿19.40 (32.3% below fair value)
  • GF Score™: 73/100 with 5 warning signs

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


Mahachai Hospital PCL Business Description

Address 927/43 K., Settakij 1 Road, Tambol Mahachai, Amphur Muang, Samut Sakhon, THA, 74000
Mahachai Hospital PCL is a Thailand-based company offering medical services. It operates in the hospital and medical trading business. The company is engaged in operating a private hospital under the name of Mahachai Hospital. It offers various medical services, including a urology clinic, blood and cancer clinic, surgery, obstetrics and gynecology, ear, nose, and throat clinic, general clinic, dental and implants center, skin and beauty center, and physical department. The company operates in Thailand only.
73GF Score

Get the complete analysis for BKK:M-CHAI

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

฿19.40
Price
฿28.66
GF Value