Smart Concrete PCL (BKK:SMART) EBIT: ฿42.4 Mil (TTM As of Dec. 2025)


BKK:SMART Smart Concrete PCL BKK:SMART
56 GF Score
Price ฿0.54
GF Value ฿0.49
Valuation Fairly Valued
! 4 Warning Signs
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What is Smart Concrete PCL EBIT?

Smart Concrete PCL BKK:SMART +1.89% 56 EBIT is ฿42.4 Mil as of Dec. 2025. GuruFocus rates BKK:SMART with a GF Score™ of 56/100 and a GF Value™ of ฿0.49 (Fairly Valued). The stock has 4 warning signs investors should review.

Smart Concrete PCL's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was ฿11.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was ฿42.4 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Smart Concrete PCL's annualized ROC % for the quarter that ended in Dec. 2025 was 7.96%. Smart Concrete PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 14.27%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Smart Concrete PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 12.77%.


Smart Concrete PCL  (BKK:SMART) EBIT Explanation

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

Smart Concrete PCL's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=44.368 * ( 1 - 20.06% )/( (451.532 + 439.475)/ 2 )
=35.4677792/445.5035
=7.96 %

where

Invested Capital(Q: Sep. 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))
=730.276 - 49.029 - ( 229.715 - max(0, 55.968 - 360.728+229.715))
=451.532

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))
=734.461 - 42.492 - ( 252.494 - max(0, 50.333 - 367.808+252.494))
=439.475

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Smart Concrete PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=47.392/( ( (280.161 + max(58.522, 0)) + (276.686 + max(48.907, 0)) )/ 2 )
=47.392/( ( 338.683 + 325.593 )/ 2 )
=47.392/332.138
=14.27 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(68.026 + 44.192 + 0.846) - (49.029 + 0.816 + 4.697)
=58.522

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(54.486 + 41.977 + 1.33) - (42.492 + 0.23 + 6.164)
=48.907

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=42.436/332.314
=12.77 %

* 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.


Smart Concrete PCL EBIT Related Terms


Smart Concrete PCL EBIT Historical Data

* Premium members only.

The historical data trend for Smart Concrete 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.

Smart Concrete PCL EBIT Chart

Smart Concrete 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 50.39 51.16 135.83 111.73 42.44

Smart Concrete PCL Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 15.23 15.66 3.37 11.56 11.85

BKK:SMART vs CRH, VMC, MLM: EBIT Comparison

For the Building Materials subindustry, Smart Concrete 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.


Smart Concrete PCL EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Smart Concrete PCL's EV-to-EBIT distribution charts can be found below:

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


BKK:SMART
56GF Score
Smart Concrete PCL BKK:SMART
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Concrete 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿42.4 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 ฿42.4 Mil mean?
Smart Concrete PCL (BKK:SMART) has a EBIT of ฿42.4 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Smart Concrete PCL.
Is Smart Concrete PCL's EBIT too high?
Smart Concrete PCL's current EBIT is ฿42.4 Mil. Overall, Smart Concrete PCL has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Smart Concrete PCL's EBIT compare to CRH and VMC?
Smart Concrete PCL's EBIT of ฿42.4 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good EBIT depends on the Building Materials 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 Smart Concrete PCL. Smart Concrete PCL's current EBIT is ฿42.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Concrete PCL stock overvalued right now?
Based on GuruFocus' analysis, Smart Concrete PCL (BKK:SMART) is currently considered Fairly Valued. The stock's GF Value™ is ฿0.49, compared to a current price of ฿0.54 — trading 10.2% above its estimated fair value. The current EBIT is ฿42.4 Mil. Smart Concrete PCL's overall GF Score™ is 56/100 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 Smart Concrete PCL (BKK:SMART), the current EBIT is ฿42.4 Mil as of Dec. 2025. 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 Smart Concrete PCL (BKK:SMART) Overvalued in 2026?

Based on GuruFocus' analysis, Smart Concrete PCL stock appears to be overvalued. The current stock price of ฿0.54 is trading 10.2% above its estimated GF Value™ of ฿0.49. GuruFocus considers Smart Concrete PCL to be Fairly Valued.

Key valuation signals for BKK:SMART:

  • EBIT: ฿42.4 Mil
  • GF Value™: ฿0.49 vs. price of ฿0.54 (10.2% above fair value)
  • GF Score™: 56/100 with 4 warning signs

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


Smart Concrete PCL Business Description

Address 11 Moo 9 Banbung-Klaeng Road, Tambol Nong-Irun, Amphur Banbung, Chonburi province, Chonburi, THA, 20220
Smart Concrete PCL is engaged in the manufacturing and sale of products related to autoclaved aerated concrete blocks for use in construction. The company's product line includes construction and decorative products, such as lightweight concrete blocks, SmartBlock G4, decorative ventilation blocks, Smart Blocks, and Smart Lintel precast lintels. The company operates in Thailand.
56GF Score

Get the complete analysis for BKK:SMART

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

฿0.54
Price
฿0.49
GF Value