Nforce Secure PCL (BKK:SECURE) EBIT: ฿161 Mil (TTM As of Mar. 2026)

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BKK:SECURE Nforce Secure PCL BKK:SECURE
92 GF Score
Price ฿14.20
GF Value ฿15.00
Valuation Fairly Valued
! 3 Warning Signs
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What is Nforce Secure PCL EBIT?

Nforce Secure PCL BKK:SECURE -1.39% 92 EBIT is ฿161 Mil as of Mar. 2026. GuruFocus rates BKK:SECURE with a GF Score™ of 92/100 and a GF Value™ of ฿15.00 (Fairly Valued). The stock has 3 warning signs investors should review.

Nforce Secure PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿44 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿161 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Nforce Secure PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 48.20%. Nforce Secure PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 145.97%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Nforce Secure PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 19.38%.


Nforce Secure PCL  (BKK:SECURE) EBIT Explanation

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

Nforce Secure 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 )
=150.1 * ( 1 - 20.42% )/( (247.118 + 248.536)/ 2 )
=119.44958/247.827
=48.20 %

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))
=1157.142 - 301.816 - ( 608.208 - max(0, 333.834 - 1080.859+608.208))
=247.118

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))
=1071.799 - 158.954 - ( 664.309 - max(0, 201.919 - 988.571+664.309))
=248.536

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

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

Nforce Secure 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 )
=175.456/( ( (28.927 + max(89.953, 0)) + (42.77 + max(78.748, 0)) )/ 2 )
=175.456/( ( 118.88 + 121.518 )/ 2 )
=175.456/120.199
=145.97 %

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)
=(380.038 + 36.041 + 3.3919999999998) - (301.816 + 24.073 + 3.6290000000001)
=89.953

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(208.765 + 55.309 + 9.177) - (158.954 + 25.866 + 9.683)
=78.748

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=160.647/828.788
=19.38 %

* 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.


Nforce Secure PCL EBIT Related Terms


Nforce Secure PCL EBIT Historical Data

* Premium members only.

The historical data trend for Nforce Secure 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.

Nforce Secure PCL EBIT Chart

Nforce Secure PCL Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial 74.87 68.53 116.83 145.47 153.97

Nforce Secure 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 37.18 39.76 34.55 42.48 43.86

BKK:SECURE vs MSFT, ORCL, PLTR: EBIT Comparison

For the Electronics & Computer Distribution subindustry, Nforce Secure 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.


Nforce Secure PCL EV-to-EBIT vs Hardware Industry

For the Hardware industry and Technology sector, Nforce Secure PCL's EV-to-EBIT distribution charts can be found below:

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


BKK:SECURE
92GF Score
Nforce Secure PCL BKK:SECURE
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Nforce Secure 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 ฿161 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 ฿161 Mil mean?
Nforce Secure PCL (BKK:SECURE) has a EBIT of ฿161 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Nforce Secure PCL.
Is Nforce Secure PCL's EBIT too high?
Nforce Secure PCL's current EBIT is ฿161 Mil. Overall, Nforce Secure PCL has a GF Score™ of 92/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Nforce Secure PCL's EBIT compare to MSFT and ORCL?
Nforce Secure PCL's EBIT of ฿161 Mil can be compared against companies in the Hardware 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 Hardware company?
A good EBIT depends on the Hardware 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 Nforce Secure PCL. Nforce Secure PCL's current EBIT is ฿161 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nforce Secure PCL stock overvalued right now?
Based on GuruFocus' analysis, Nforce Secure PCL (BKK:SECURE) is currently considered Fairly Valued. The stock's GF Value™ is ฿15.00, compared to a current price of ฿14.20 — trading 5.3% below its estimated fair value. The current EBIT is ฿161 Mil. Nforce Secure PCL's overall GF Score™ is 92/100 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 Nforce Secure PCL (BKK:SECURE), the current EBIT is ฿161 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 Nforce Secure PCL (BKK:SECURE) Overvalued in 2026?

Based on GuruFocus' analysis, Nforce Secure PCL stock appears to be undervalued. The current stock price of ฿14.20 is trading 5.3% below its estimated GF Value™ of ฿15.00. GuruFocus considers Nforce Secure PCL to be Fairly Valued.

Key valuation signals for BKK:SECURE:

  • EBIT: ฿161 Mil
  • GF Value™: ฿15.00 vs. price of ฿14.20 (5.3% below fair value)
  • GF Score™: 92/100 with 3 warning signs

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


Nforce Secure PCL Business Description

Address Ratchadapisek Road, 9/2 The Synchronized, Soi Ratchadapisek 18, Huai Khwang Sub-district, Huai Khwang District, Bangkok, THA, 10310
Nforce Secure PCL is a distributor of cybersecurity solution products and offers other supporting services. It is mainly engaged in selling computer hardware and software, and all related equipment, network communication equipment and software, development of enterprise software and project management, and providing services for business consulting, risk assessment, planning, and training.
92GF Score

Get the complete analysis for BKK:SECURE

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

฿14.20
Price
฿15.00
GF Value