Pilatus Marine PCL (BKK:PLT) EBIT: ฿105 Mil (TTM As of Mar. 2026)

What is Pilatus Marine PCL EBIT?

Pilatus Marine PCL BKK:PLT 13 EBIT is ฿105 Mil as of Mar. 2026. GuruFocus rates BKK:PLT with a GF Score™ of 13/100 and a GF Value™ of ฿0.91 (Possible Value Trap). The stock has 3 warning signs investors should review.

Pilatus Marine PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿22 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿105 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Pilatus Marine PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 3.82%. Pilatus Marine PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 6.13%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Pilatus Marine PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.76%.

Pilatus Marine PCL (BKK:PLT) EBIT Explanation

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

Pilatus Marine 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 )
=	77.444 * ( 1 - 19.84% )	/	( (1645.246	+	1605.342)	/ 2 )
=	62.0791104	/	1625.294
=	3.82 %

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	))
=	1668.561	-	81.326	-	( 76.858	-	max(0, 263.973	-	205.962	+	76.858	))
=	1645.246

	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	))
=	1648.461	-	81.752	-	( 93.865	-	max(0, 260.778	-	222.145	+	93.865	))
=	1605.342

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

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

Pilatus Marine 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 )
=	88.888	/	( ( (1440.334 + max(28.669, 0))	+	(1402.994 + max(28.695, 0)) )	/	2 )
=	88.888	/	( ( 1469.003	+	1431.689 )	/	2 )
=	88.888	/	1450.346
=	6.13 %

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)
=	(81.991	+	16.794	+	26.083)	-	(81.326	+	7.22	+	7.653)
=	28.669

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(75.318	+	27.068	+	22.558)	-	(81.752	+	7.634	+	6.863)
=	28.695

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:

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

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	104.623	/	972.605
	=	10.76 %

* 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.

Pilatus Marine PCL EBIT Related Terms

Pilatus Marine PCL EBIT Historical Data

* Premium members only.

The historical data trend for Pilatus Marine PCL's EBIT can be seen below:

Pilatus Marine PCL EBIT Chart

Pilatus Marine PCL Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

90.83

95.81

73.65

108.00

107.18

Pilatus Marine PCL Quarterly Data
	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25	Mar26
EBIT	Get a 7-Day Free Trial											24.78	30.36	28.79	23.26	22.22

BKK:PLT vs WMB, EPD, KMI: EBIT Comparison

For the Oil & Gas Midstream subindustry, Pilatus Marine 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.

Pilatus Marine PCL EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Pilatus Marine PCL's EV-to-EBIT distribution charts can be found below:

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

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13GF Score

Pilatus Marine PCL BKK:PLT

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Pilatus Marine 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 ฿105 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of ฿105 Mil mean?

Pilatus Marine PCL (BKK:PLT) has a EBIT of ฿105 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Pilatus Marine PCL.

Is Pilatus Marine PCL's EBIT too high?

Pilatus Marine PCL's current EBIT is ฿105 Mil. Overall, Pilatus Marine PCL has a GF Score™ of 13/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.

How does Pilatus Marine PCL's EBIT compare to WMB and EPD?

Pilatus Marine PCL's EBIT of ฿105 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?

A good EBIT depends on the Oil & Gas 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 Pilatus Marine PCL. Pilatus Marine PCL's current EBIT is ฿105 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Pilatus Marine PCL stock overvalued right now?

Based on GuruFocus' analysis, Pilatus Marine PCL (BKK:PLT) is currently considered Possible Value Trap. The stock's GF Value™ is ฿0.91, compared to a current price of ฿0.55 — trading 39.6% below its estimated fair value. The current EBIT is ฿105 Mil. Pilatus Marine PCL's overall GF Score™ is 13/100 with 3 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 Pilatus Marine PCL (BKK:PLT), the current EBIT is ฿105 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 Pilatus Marine PCL (BKK:PLT) Overvalued in 2026?

Based on GuruFocus' analysis, Pilatus Marine PCL stock appears to be undervalued. The current stock price of ฿0.55 is trading 39.6% below its estimated GF Value™ of ฿0.91. GuruFocus considers Pilatus Marine PCL to be Possible Value Trap.

Key valuation signals for BKK:PLT:

EBIT: ฿105 Mil
GF Value™: ฿0.91 vs. price of ฿0.55 (39.6% below fair value)
GF Score™: 13/100 with 3 warning signs

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

Pilatus Marine PCL Business Description

Industry Energy Oil & Gas

Comparable Companies BKK:PSTC TSX:ENB WMB EPD TSX:TRP KMI ET MPLX TRGP OKE LNG VG CQP TSX:PPL SHSE:601872 WES PAA HKSE:01138 DTM TSX:ALA

Address At 84/1-4, Soi Phahon Yothin 37, Young Place Grand Le Jardin Building, 1st-4th Floors, Lat Yao, Chatuchak, Bangkok, THA, 10900

Website https://www.pilatusmarine.co.th

Pilatus Marine PCL is Thailand's operator of liquefied petroleum gas (LPG) carriers both marine and land transport, with decades of operating experience in LPG transport. The Company engaged business of motor and water transportation services for liquid products both in domestic and Asia Pacific region. The company has two reportable segments which are Marine petrochemical cargo transportation services which rendered in Thailand and Abroad, LPG Logistic services segment virtually in Thailand.

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

฿0.55

Price

฿0.91

GF Value

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