Starflex PCL (BKK:SFLEX) EBIT: ฿265 Mil (TTM As of Mar. 2026)


BKK:SFLEX Starflex PCL BKK:SFLEX
83 GF Score
Price ฿2.98
GF Value ฿3.63
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Starflex PCL EBIT?

Starflex PCL BKK:SFLEX -1.32% 83 EBIT is ฿265 Mil as of Mar. 2026. GuruFocus rates BKK:SFLEX with a GF Score™ of 83/100 and a GF Value™ of ฿3.63 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Starflex PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿68 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿265 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Starflex PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 16.17%. Starflex PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 21.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Starflex PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.68%.


Starflex PCL  (BKK:SFLEX) EBIT Explanation

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

Starflex 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 )
=294.78 * ( 1 - 0.46% )/( (1799.7 + 1829.897)/ 2 )
=293.424012/1814.7985
=16.17 %

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))
=2245.366 - 351.907 - ( 93.759 - max(0, 722.637 - 859.945+93.759))
=1799.7

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))
=2279.628 - 351.099 - ( 98.632 - max(0, 732.938 - 868.469+98.632))
=1829.897

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

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

Starflex 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 )
=273.796/( ( (835.417 + max(413.743, 0)) + (866.014 + max(418.287, 0)) )/ 2 )
=273.796/( ( 1249.16 + 1284.301 )/ 2 )
=273.796/1266.7305
=21.61 %

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)
=(375.202 + 307.091 + 83.454) - (351.907 + 0 + 0.09699999999998)
=413.743

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(356.384 + 322.3 + 90.702) - (351.099 + 0 + 0)
=418.287

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=265.438/2742.688
=9.68 %

* 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.


Starflex PCL EBIT Related Terms


Starflex PCL EBIT Historical Data

* Premium members only.

The historical data trend for Starflex 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.

Starflex PCL EBIT Chart

Starflex 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 160.81 67.64 232.83 319.64 271.37

Starflex 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 74.38 57.31 69.47 70.21 68.45

BKK:SFLEX vs SW, PKG, AMCR: EBIT Comparison

For the Packaging & Containers subindustry, Starflex 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.


Starflex PCL EV-to-EBIT vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Starflex PCL's EV-to-EBIT distribution charts can be found below:

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


BKK:SFLEX
83GF Score
Starflex PCL BKK:SFLEX
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Starflex 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 ฿265 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 ฿265 Mil mean?
Starflex PCL (BKK:SFLEX) has a EBIT of ฿265 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Starflex PCL.
Is Starflex PCL's EBIT too high?
Starflex PCL's current EBIT is ฿265 Mil. Overall, Starflex PCL has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Starflex PCL's EBIT compare to SW and PKG?
Starflex PCL's EBIT of ฿265 Mil can be compared against companies in the Packaging & Containers 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 Packaging & Containers company?
A good EBIT depends on the Packaging & Containers 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 Starflex PCL. Starflex PCL's current EBIT is ฿265 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Starflex PCL stock overvalued right now?
Based on GuruFocus' analysis, Starflex PCL (BKK:SFLEX) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.63, compared to a current price of ฿2.98 — trading 17.9% below its estimated fair value. The current EBIT is ฿265 Mil. Starflex PCL's overall GF Score™ is 83/100 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 Starflex PCL (BKK:SFLEX), the current EBIT is ฿265 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 Starflex PCL (BKK:SFLEX) Overvalued in 2026?

Based on GuruFocus' analysis, Starflex PCL stock appears to be undervalued. The current stock price of ฿2.98 is trading 17.9% below its estimated GF Value™ of ฿3.63. GuruFocus considers Starflex PCL to be Modestly Undervalued.

Key valuation signals for BKK:SFLEX:

  • EBIT: ฿265 Mil
  • GF Value™: ฿3.63 vs. price of ฿2.98 (17.9% below fair value)
  • GF Score™: 83/100 with 4 warning signs

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


Starflex PCL Business Description

Address 189 / 48-49 Moo.3, Theparak Road, T. Bangpreang, A. Bangbo, Samutprakan, Bangkok, THA, 10560
Starflex PCL is engaged in the manufacture and distribution of flexible packaging. The company provides packaging for home and personal products, medical products, and food industries. There are three operating business segments: Packaging products for food, Packaging products for non-food, and Other segment. The Non-food packaging segment generates a vast majority of the revenues. The company operates in Thailand only.
83GF Score

Get the complete analysis for BKK:SFLEX

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

฿2.98
Price
฿3.63
GF Value