Siam Wellness Group PCL (BKK:SPA) EBIT: ฿275 Mil (TTM As of Mar. 2026)


BKK:SPA Siam Wellness Group PCL BKK:SPA
83 GF Score
Price ฿3.32
GF Value ฿7.52
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Siam Wellness Group PCL EBIT?

Siam Wellness Group PCL BKK:SPA 83 EBIT is ฿275 Mil as of Mar. 2026. GuruFocus rates BKK:SPA with a GF Score™ of 83/100 and a GF Value™ of ฿7.52 (Significantly Undervalued). The stock has 2 warning signs investors should review.

Siam Wellness Group PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿79 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿275 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Siam Wellness Group PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 9.76%. Siam Wellness Group PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 14.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Siam Wellness Group PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 5.39%.


Siam Wellness Group PCL  (BKK:SPA) EBIT Explanation

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

Siam Wellness Group 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 )
=312.892 * ( 1 - 19.05% )/( (2569.167 + 2623.231)/ 2 )
=253.286074/2596.199
=9.76 %

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))
=2605.672 - 165.282 - ( 155.528 - max(0, 393.129 - 264.352+155.528))
=2569.167

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))
=2712.715 - 179.783 - ( 221.08 - max(0, 419.022 - 328.723+221.08))
=2623.231

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

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

Siam Wellness Group 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 )
=315.496/( ( (2197.8 + max(-120.859, 0)) + (2235.817 + max(-137.068, 0)) )/ 2 )
=315.496/( ( 2197.8 + 2235.817 )/ 2 )
=315.496/2216.8085
=14.23 %

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)
=(31.004 + 49.935 + 27.323) - (165.282 + 52.745 + 11.094)
=-120.859

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(29.475 + 54.889 + 22.849) - (179.783 + 54.159 + 10.339)
=-137.068

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=275.304/5104.672
=5.39 %

* 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.


Siam Wellness Group PCL EBIT Related Terms


Siam Wellness Group PCL EBIT Historical Data

* Premium members only.

The historical data trend for Siam Wellness Group 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.

Siam Wellness Group PCL EBIT Chart

Siam Wellness Group 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 -251.27 -36.71 323.21 400.38 267.02

Siam Wellness Group 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 70.59 51.92 66.09 78.42 78.87

BKK:SPA vs ROL, SCI, FTDR: EBIT Comparison

For the Personal Services subindustry, Siam Wellness Group 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.


Siam Wellness Group PCL EV-to-EBIT vs Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Siam Wellness Group PCL's EV-to-EBIT distribution charts can be found below:

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


BKK:SPA
83GF Score
Siam Wellness Group PCL BKK:SPA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Siam Wellness Group 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 ฿275 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 ฿275 Mil mean?
Siam Wellness Group PCL (BKK:SPA) has a EBIT of ฿275 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Siam Wellness Group PCL.
Is Siam Wellness Group PCL's EBIT too high?
Siam Wellness Group PCL's current EBIT is ฿275 Mil. Overall, Siam Wellness Group PCL has a GF Score™ of 83/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Siam Wellness Group PCL's EBIT compare to ROL and SCI?
Siam Wellness Group PCL's EBIT of ฿275 Mil can be compared against companies in the Personal Services 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 Personal Services company?
A good EBIT depends on the Personal Services 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 Siam Wellness Group PCL. Siam Wellness Group PCL's current EBIT is ฿275 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Siam Wellness Group PCL stock overvalued right now?
Based on GuruFocus' analysis, Siam Wellness Group PCL (BKK:SPA) is currently considered Significantly Undervalued. The stock's GF Value™ is ฿7.52, compared to a current price of ฿3.32 — trading 55.9% below its estimated fair value. The current EBIT is ฿275 Mil. Siam Wellness Group PCL's overall GF Score™ is 83/100 with 2 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 Siam Wellness Group PCL (BKK:SPA), the current EBIT is ฿275 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 Siam Wellness Group PCL (BKK:SPA) Overvalued in 2026?

Based on GuruFocus' analysis, Siam Wellness Group PCL stock appears to be undervalued. The current stock price of ฿3.32 is trading 55.9% below its estimated GF Value™ of ฿7.52. GuruFocus considers Siam Wellness Group PCL to be Significantly Undervalued.

Key valuation signals for BKK:SPA:

  • EBIT: ฿275 Mil
  • GF Value™: ฿7.52 vs. price of ฿3.32 (55.9% below fair value)
  • GF Score™: 83/100 with 2 warning signs

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


Siam Wellness Group PCL Business Description

Address Prachasongkroh Road, 565, 567 B.U. Place Building, 22nd Floor, Soi Suthiporn, Dindaeng Sub-district, Dindaeng District, Bangkok, THA, 10400
Siam Wellness Group PCL is a Thailand-based company and is principally engaged in the spa business. The business is organized into three segments: Spa services, which operates day spa and destination spa. Also, provides spa management and spa consultancy services; Sales of spa products and healthy products, which distributes natural spa products both and spa equipment for domestic and international markets. and Hotel and restaurant which operates boutique resorts and restaurants. Key revenue is earned from providing spa services. The Group operates in Thailand.
83GF Score

Get the complete analysis for BKK:SPA

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

฿3.32
Price
฿7.52
GF Value