Thai Group Holdings PCL (BKK:TGH) EBIT: ฿3,518 Mil (TTM As of Jun. 2026)

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BKK:TGH Thai Group Holdings PCL BKK:TGH
60 GF Score
Price ฿10.70
GF Value ฿12.55
Valuation Modestly Undervalued
! 8 Warning Signs
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What is Thai Group Holdings PCL EBIT?

Thai Group Holdings PCL BKK:TGH +1.90% 60 EBIT is ฿3,518 Mil as of Jun. 2026. GuruFocus rates BKK:TGH with a GF Score™ of 60/100 and a GF Value™ of ฿12.55 (Modestly Undervalued). The stock has 8 warning signs investors should review.

Thai Group Holdings PCL's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was ฿859 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was ฿3,518 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thai Group Holdings PCL's annualized ROC % for the quarter that ended in Jun. 2026 was 1.54%. Thai Group Holdings PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 18.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thai Group Holdings PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was -10.74%.


Thai Group Holdings PCL  (BKK:TGH) EBIT Explanation

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

Thai Group Holdings PCL's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=834.16 * ( 1 - 19.94% )/( (43473.987 + 43536.137)/ 2 )
=667.828496/43505.062
=1.54 %

where

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))
=90573.096 - 419.566 - ( 57126.499 - max(0, 12415.181 - 59094.724+57126.499))
=43473.987

Invested Capital(Q: Jun. 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))
=92967.165 - 243.99 - ( 59699.008 - max(0, 12294.925 - 61481.963+59699.008))
=43536.137

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

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

Thai Group Holdings PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3437.856/( ( (18103.808 + max(680.096, 0)) + (18213.594 + max(530.907, 0)) )/ 2 )
=3437.856/( ( 18783.904 + 18744.501 )/ 2 )
=3437.856/18764.2025
=18.32 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 178.585 + 1061.069) - (419.566 + 0 + 139.992)
=680.096

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 157.199 + 758.993) - (243.99 + 0 + 141.295)
=530.907

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=3518.112/-32769.234
=-10.74 %

* 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.


Thai Group Holdings PCL EBIT Related Terms


Thai Group Holdings PCL EBIT Historical Data

* Premium members only.

The historical data trend for Thai Group Holdings 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.

Thai Group Holdings PCL EBIT Chart

Thai Group Holdings PCL Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial -3,146.09 2,176.42 856.90 2,953.63 3,551.85

Thai Group Holdings PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1,037.90 1,315.44 522.26 820.94 859.46

BKK:TGH vs BRK.A, AIG, HIG: EBIT Comparison

For the Insurance - Diversified subindustry, Thai Group Holdings 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.


Thai Group Holdings PCL EV-to-EBIT vs Insurance Industry

For the Insurance industry and Financial Services sector, Thai Group Holdings PCL's EV-to-EBIT distribution charts can be found below:

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


BKK:TGH
60GF Score
Thai Group Holdings PCL BKK:TGH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thai Group Holdings 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿3,518 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 ฿3,518 Mil mean?
Thai Group Holdings PCL (BKK:TGH) has a EBIT of ฿3,518 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Thai Group Holdings PCL.
Is Thai Group Holdings PCL's EBIT too high?
Thai Group Holdings PCL's current EBIT is ฿3,518 Mil. Overall, Thai Group Holdings PCL has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thai Group Holdings PCL's EBIT compare to BRK.A and AIG?
Thai Group Holdings PCL's EBIT of ฿3,518 Mil can be compared against companies in the Insurance 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 Insurance company?
A good EBIT depends on the Insurance 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 Thai Group Holdings PCL. Thai Group Holdings PCL's current EBIT is ฿3,518 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thai Group Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Thai Group Holdings PCL (BKK:TGH) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿12.55, compared to a current price of ฿10.70 — trading 14.7% below its estimated fair value. The current EBIT is ฿3,518 Mil. Thai Group Holdings PCL's overall GF Score™ is 60/100 with 8 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 Thai Group Holdings PCL (BKK:TGH), the current EBIT is ฿3,518 Mil as of Jun. 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 Thai Group Holdings PCL (BKK:TGH) Overvalued in 2026?

Based on GuruFocus' analysis, Thai Group Holdings PCL stock appears to be undervalued. The current stock price of ฿10.70 is trading 14.7% below its estimated GF Value™ of ฿12.55. GuruFocus considers Thai Group Holdings PCL to be Modestly Undervalued.

Key valuation signals for BKK:TGH:

  • EBIT: ฿3,518 Mil
  • GF Value™: ฿12.55 vs. price of ฿10.70 (14.7% below fair value)
  • GF Score™: 60/100 with 8 warning signs

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


Thai Group Holdings PCL Business Description

Address Silom Road, 315 Thai Group Building, 12th Floor, Silom, Bangrak, Bangkok, THA, 10500
Thai Group Holdings PCL is a Thailand-based holding company. The principal activities of the group are underwriting life assurance, underwriting non-life insurance, leasing, hire purchase services, lending, and sales of second-hand cars. It operates in four segments: Life Insurance business, Non - Life insurance business, Financial service business, and Other businesses. The vast majority of the revenues are generated from the Life insurance business segment. The company is managed and operates principally in Thailand.
60GF Score

Get the complete analysis for BKK:TGH

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

฿10.70
Price
฿12.55
GF Value