NR Instant Produce PCL (BKK:NRF) EBIT: ฿-318 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:NRF NR Instant Produce PCL BKK:NRF
61 GF Score
Price ฿0.24
GF Value ฿1.22
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is NR Instant Produce PCL EBIT?

NR Instant Produce PCL BKK:NRF -4.00% 61 EBIT is ฿-318 Mil as of Mar. 2026. GuruFocus rates BKK:NRF with a GF Score™ of 61/100 and a GF Value™ of ฿1.22 (Possible Value Trap). The stock has 4 warning signs investors should review.

NR Instant Produce PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿-3 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿-318 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. NR Instant Produce PCL's annualized ROC % for the quarter that ended in Mar. 2026 was -0.96%. NR Instant Produce PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -1.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. NR Instant Produce PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -14.55%.


NR Instant Produce PCL  (BKK:NRF) EBIT Explanation

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

NR Instant Produce 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 )
=-53.204 * ( 1 - 8.06% )/( (5146.125 + 5061.2)/ 2 )
=-48.9157576/5103.6625
=-0.96 %

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))
=3831.632 - 602.482 - ( 28.067 - max(0, 2645.303 - 728.328+28.067))
=5146.125

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))
=3713.282 - 583.848 - ( 59.464 - max(0, 2601.179 - 669.413+59.464))
=5061.2

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

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

NR Instant Produce 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 )
=-11.88/( ( (605.934 + max(-20.574, 0)) + (592.49 + max(-49.885, 0)) )/ 2 )
=-11.88/( ( 605.934 + 592.49 )/ 2 )
=-11.88/599.212
=-1.98 %

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)
=(331.88 + 294.555 + 27.201) - (602.482 + 8.802 + 62.926)
=-20.574

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(270.977 + 286.176 + 42.517) - (583.848 + 0 + 65.707)
=-49.885

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:

NR Instant Produce PCL's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-318.32/2188.518
=-14.55 %

* 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.


NR Instant Produce PCL EBIT Related Terms


NR Instant Produce PCL EBIT Historical Data

* Premium members only.

The historical data trend for NR Instant Produce 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.

NR Instant Produce PCL EBIT Chart

NR Instant Produce PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 357.08 416.68 150.42 -938.97 -466.31

NR Instant Produce 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 -155.57 -51.66 -20.99 -242.70 -2.97

BKK:NRF vs KHC, GIS: EBIT Comparison

For the Packaged Foods subindustry, NR Instant Produce 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.


NR Instant Produce PCL EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, NR Instant Produce PCL's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where NR Instant Produce PCL's EV-to-EBIT falls into.


BKK:NRF
61GF Score
NR Instant Produce PCL BKK:NRF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NR Instant Produce 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 ฿-318 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 ฿-318 Mil mean?
NR Instant Produce PCL (BKK:NRF) has a EBIT of ฿-318 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on NR Instant Produce PCL.
Is NR Instant Produce PCL's EBIT too high?
NR Instant Produce PCL's current EBIT is ฿-318 Mil. Overall, NR Instant Produce PCL has a GF Score™ of 61/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does NR Instant Produce PCL's EBIT compare to KHC and GIS?
NR Instant Produce PCL's EBIT of ฿-318 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good EBIT depends on the Consumer Packaged Goods 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 NR Instant Produce PCL. NR Instant Produce PCL's current EBIT is ฿-318 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NR Instant Produce PCL stock overvalued right now?
Based on GuruFocus' analysis, NR Instant Produce PCL (BKK:NRF) is currently considered Possible Value Trap. The stock's GF Value™ is ฿1.22, compared to a current price of ฿0.24 — trading 80.3% below its estimated fair value. The current EBIT is ฿-318 Mil. NR Instant Produce PCL's overall GF Score™ is 61/100 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 NR Instant Produce PCL (BKK:NRF), the current EBIT is ฿-318 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 NR Instant Produce PCL (BKK:NRF) Overvalued in 2026?

Based on GuruFocus' analysis, NR Instant Produce PCL stock appears to be undervalued. The current stock price of ฿0.24 is trading 80.3% below its estimated GF Value™ of ฿1.22. GuruFocus considers NR Instant Produce PCL to be Possible Value Trap.

Key valuation signals for BKK:NRF:

  • EBIT: ฿-318 Mil
  • GF Value™: ฿1.22 vs. price of ฿0.24 (80.3% below fair value)
  • GF Score™: 61/100 with 4 warning signs

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


NR Instant Produce PCL Business Description

Address 99/1 Moo 4, Kaerai, Kratumbaen, Samutsakorn, THA, 74110
NR Instant Produce PCL is a food manufacturer and distributor based in Thailand. It is principally engaged in the manufacture and distribution of seasoning and instant foods. The company manufactures and distributes Sauces, Seasoning mixes, Condiments, Ready-to-eat meals, Plant-based food, beverages, and Others. Its brands Por Kwan, Sabzu, Lee Brand, Thai Delight, and De De. Geographically it has two segments Thailand and Overseas and derives key revenue from domestic sales.
61GF Score

Get the complete analysis for BKK:NRF

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

฿0.24
Price
฿1.22
GF Value