Thanapiriya PCL (BKK:TNP) EBIT: ฿267 Mil (TTM As of Dec. 2025)

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BKK:TNP Thanapiriya PCL BKK:TNP
97 GF Score
Price ฿2.94
GF Value ฿3.88
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Thanapiriya PCL EBIT?

Thanapiriya PCL BKK:TNP 97 EBIT is ฿267 Mil as of Dec. 2025. GuruFocus rates BKK:TNP with a GF Score™ of 97/100 and a GF Value™ of ฿3.88 (Modestly Undervalued). The stock has 1 warning sign investors should review.

Thanapiriya PCL's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2025 was ฿80 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2025 was ฿267 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thanapiriya PCL's annualized ROC % for the quarter that ended in Dec. 2025 was 19.79%. Thanapiriya PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 25.34%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thanapiriya PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 11.50%.


Thanapiriya PCL  (BKK:TNP) EBIT Explanation

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

Thanapiriya 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 )
=321.588 * ( 1 - 19.46% )/( (1320.431 + 1296.762)/ 2 )
=259.0069752/1308.5965
=19.79 %

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))
=1623.597 - 235.191 - ( 67.975 - max(0, 256.609 - 599.727+67.975))
=1320.431

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))
=1808.082 - 286.968 - ( 224.352 - max(0, 373.467 - 752.383+224.352))
=1296.762

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

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

Thanapiriya 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 )
=321.588/( ( (1008.2 + max(272.388, 0)) + (1039.705 + max(217.545, 0)) )/ 2 )
=321.588/( ( 1280.588 + 1257.25 )/ 2 )
=321.588/1268.919
=25.34 %

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)
=(12.434 + 501.567 + 8.702) - (235.191 + 7.48 + 7.644)
=272.388

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(19.253 + 491.74 + 3.9290000000001) - (286.968 + 0.411 + 9.998)
=217.545

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2025 )
=267.208/2322.663
=11.50 %

* 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.


Thanapiriya PCL EBIT Related Terms


Thanapiriya PCL EBIT Historical Data

* Premium members only.

The historical data trend for Thanapiriya 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.

Thanapiriya PCL EBIT Chart

Thanapiriya 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 238.70 186.45 194.86 233.25 267.21

Thanapiriya 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 64.22 63.38 63.41 60.02 80.40

BKK:TNP vs KR, SFM: EBIT Comparison

For the Grocery Stores subindustry, Thanapiriya 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.


Thanapiriya PCL EV-to-EBIT vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Thanapiriya PCL's EV-to-EBIT distribution charts can be found below:

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


BKK:TNP
97GF Score
Thanapiriya PCL BKK:TNP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Thanapiriya 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 ฿267 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 ฿267 Mil mean?
Thanapiriya PCL (BKK:TNP) has a EBIT of ฿267 Mil as of Dec. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Thanapiriya PCL.
Is Thanapiriya PCL's EBIT too high?
Thanapiriya PCL's current EBIT is ฿267 Mil. Overall, Thanapiriya PCL has a GF Score™ of 97/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thanapiriya PCL's EBIT compare to KR and SFM?
Thanapiriya PCL's EBIT of ฿267 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?
A good EBIT depends on the Retail - Defensive 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 Thanapiriya PCL. Thanapiriya PCL's current EBIT is ฿267 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thanapiriya PCL stock overvalued right now?
Based on GuruFocus' analysis, Thanapiriya PCL (BKK:TNP) is currently considered Modestly Undervalued. The stock's GF Value™ is ฿3.88, compared to a current price of ฿2.94 — trading 24.2% below its estimated fair value. The current EBIT is ฿267 Mil. Thanapiriya PCL's overall GF Score™ is 97/100 with 1 warning sign 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 Thanapiriya PCL (BKK:TNP), the current EBIT is ฿267 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 Thanapiriya PCL (BKK:TNP) Overvalued in 2026?

Based on GuruFocus' analysis, Thanapiriya PCL stock appears to be undervalued. The current stock price of ฿2.94 is trading 24.2% below its estimated GF Value™ of ฿3.88. GuruFocus considers Thanapiriya PCL to be Modestly Undervalued.

Key valuation signals for BKK:TNP:

  • EBIT: ฿267 Mil
  • GF Value™: ฿3.88 vs. price of ฿2.94 (24.2% below fair value)
  • GF Score™: 97/100 with 1 warning sign

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


Thanapiriya PCL Business Description

Address 329, Moo 8, Ban Du Sub-district, Muang Chiangrai District, Chiangrai, THA, 57100
Thanapiriya PCL is engaged in the retail and wholesale business of consumer goods. The company operates retail and wholesale superstores excluding fresh food through its supermarkets under the brand Thanapiriya. It generates revenue from sales and services through its branches and head office in Thailand.
97GF Score

Get the complete analysis for BKK:TNP

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

฿2.94
Price
฿3.88
GF Value