Millennium Group (ASIA) PCL (BKK:MGC) EBIT: ฿2,253 Mil (TTM As of Mar. 2026)


BKK:MGC Millennium Group Corp (ASIA) PCL BKK:MGC
41 GF Score
Price ฿7.00
GF Value ฿4.66
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Millennium Group (ASIA) PCL EBIT?

Millennium Group (ASIA) PCL BKK:MGC +3.70% 41 EBIT is ฿2,253 Mil as of Mar. 2026. GuruFocus rates BKK:MGC with a GF Score™ of 41/100 and a GF Value™ of ฿4.66 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Millennium Group (ASIA) PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿513 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿2,253 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Millennium Group (ASIA) PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 9.24%. Millennium Group (ASIA) PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 22.88%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Millennium Group (ASIA) PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 15.93%.


Millennium Group (ASIA) PCL  (BKK:MGC) EBIT Explanation

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

Millennium Group (ASIA) 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 )
=1754.9 * ( 1 - 21.01% )/( (15119.724 + 14893.502)/ 2 )
=1386.19551/15006.613
=9.24 %

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))
=19038.543 - 4623.899 - ( 1740.868 - max(0, 9740.32 - 9035.24+1740.868))
=15119.724

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))
=19406.201 - 5128.316 - ( 1857.693 - max(0, 9987.08 - 9371.463+1857.693))
=14893.502

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

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

Millennium Group (ASIA) 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 )
=2053.908/( ( (7790.666 + max(1254.99, 0)) + (7746.095 + max(1161.025, 0)) )/ 2 )
=2053.908/( ( 9045.656 + 8907.12 )/ 2 )
=2053.908/8976.388
=22.88 %

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)
=(1466.07 + 4601.216 + 447.894) - (4623.899 + 406.419 + 229.872)
=1254.99

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(946.21 + 5351.851 + 405.693) - (5128.316 + 318.118 + 96.295)
=1161.025

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:

Millennium Group (ASIA) PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2252.763/14139.081
=15.93 %

* 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.


Millennium Group (ASIA) PCL EBIT Related Terms


Millennium Group (ASIA) PCL EBIT Historical Data

* Premium members only.

The historical data trend for Millennium Group (ASIA) 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.

Millennium Group (ASIA) PCL EBIT Chart

Millennium Group (ASIA) PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 690.77 911.16 720.46 616.52 1,913.48

Millennium Group (ASIA) PCL Quarterly Data
Mar21 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 174.19 163.46 446.82 1,129.00 513.48

BKK:MGC vs CVNA, PAG, ALTB: EBIT Comparison

For the Auto & Truck Dealerships subindustry, Millennium Group (ASIA) 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.


Millennium Group (ASIA) PCL EV-to-EBIT vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Millennium Group (ASIA) PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Millennium Group (ASIA) PCL's EV-to-EBIT falls into.


BKK:MGC
41GF Score
Millennium Group Corp (ASIA) PCL BKK:MGC
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Millennium Group (ASIA) 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 ฿2,253 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 ฿2,253 Mil mean?
Millennium Group (ASIA) PCL (BKK:MGC) has a EBIT of ฿2,253 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Millennium Group (ASIA) PCL.
Is Millennium Group (ASIA) PCL's EBIT too high?
Millennium Group (ASIA) PCL's current EBIT is ฿2,253 Mil. Overall, Millennium Group (ASIA) PCL has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millennium Group (ASIA) PCL's EBIT compare to CVNA and PAG?
Millennium Group (ASIA) PCL's EBIT of ฿2,253 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good EBIT depends on the Vehicles & Parts 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 Millennium Group (ASIA) PCL. Millennium Group (ASIA) PCL's current EBIT is ฿2,253 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millennium Group (ASIA) PCL stock overvalued right now?
Based on GuruFocus' analysis, Millennium Group (ASIA) PCL (BKK:MGC) is currently considered Significantly Overvalued. The stock's GF Value™ is ฿4.66, compared to a current price of ฿7.00 — trading 50.2% above its estimated fair value. The current EBIT is ฿2,253 Mil. Millennium Group (ASIA) PCL's overall GF Score™ is 41/100 with 4 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 Millennium Group (ASIA) PCL (BKK:MGC), the current EBIT is ฿2,253 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 Millennium Group (ASIA) PCL (BKK:MGC) Overvalued in 2026?

Based on GuruFocus' analysis, Millennium Group (ASIA) PCL stock appears to be overvalued. The current stock price of ฿7.00 is trading 50.2% above its estimated GF Value™ of ฿4.66. GuruFocus considers Millennium Group (ASIA) PCL to be Significantly Overvalued.

Key valuation signals for BKK:MGC:

  • EBIT: ฿2,253 Mil
  • GF Value™: ฿4.66 vs. price of ฿7.00 (50.2% above fair value)
  • GF Score™: 41/100 with 4 warning signs

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


Millennium Group (ASIA) PCL Business Description

Address No. 2222/9 Ladprao Road, Phlapphla Subdistrict, Wang Thonglang District, Bangkok, THA, 10310
Millennium Group Corp (ASIA) PCL is engaged in providing management consulting services and activities aimed at maximising benefits. Its principal business includes the sale of automobiles, yachts, and spare parts, car maintenance and other services, car rental and chauffeur services, telephone systems, computer programs, human resource development, training services, marketing management services, insurance brokerage, vehicle leasing, and customer acquisition for private jet charter services rental. Its reportable segments include the sale of automobiles, accessories, decorations, and related apparel, after-sales services, automotive parts and maintenance services for independent cars, car and driver rental services, and other businesses. The Group operates principally in Thailand.
41GF Score

Get the complete analysis for BKK:MGC

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

฿7.00
Price
฿4.66
GF Value