Tirathai PCL (BKK:TRT-R) EBIT: ฿341 Mil (TTM As of Mar. 2026)


BKK:TRT-R Tirathai PCL BKK:TRT-R
58 GF Score
Price ฿3.52
GF Value ฿0.86
! 7 Warning Signs
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What is Tirathai PCL EBIT?

Tirathai PCL BKK:TRT-R 58 EBIT is ฿341 Mil as of Mar. 2026. GuruFocus rates BKK:TRT-R with a GF Score™ of 58/100 and a GF Value™ of ฿0.86. The stock has 7 warning signs investors should review.

Tirathai PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿220 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿341 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tirathai PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 22.56%. Tirathai PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 42.66%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tirathai PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.08%.


Tirathai PCL  (BKK:TRT-R) EBIT Explanation

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

Tirathai 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 )
=851.648 * ( 1 - 22.13% )/( (2730.008 + 3149.74)/ 2 )
=663.1782976/2939.874
=22.56 %

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))
=3540.828 - 464.249 - ( 461.819 - max(0, 2076.528 - 2423.099+461.819))
=2730.008

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))
=3946.049 - 433.503 - ( 362.806 - max(0, 2255.028 - 2679.025+362.806))
=3149.74

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

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

Tirathai 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 )
=881.924/( ( (912.806 + max(988.995, 0)) + (1045.972 + max(1187.179, 0)) )/ 2 )
=881.924/( ( 1901.801 + 2233.151 )/ 2 )
=881.924/2067.476
=42.66 %

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)
=(560.221 + 1315.037 + 29.433) - (464.249 + 451.447 + -4.5474735088646E-13)
=988.995

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(894.526 + 1352.816 + 39.918) - (433.503 + 666.578 + 0)
=1187.179

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=341.491/4820.446
=7.08 %

* 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.


Tirathai PCL EBIT Related Terms


Tirathai PCL EBIT Historical Data

* Premium members only.

The historical data trend for Tirathai 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.

Tirathai PCL EBIT Chart

Tirathai 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 145.22 -61.26 254.36 369.21 193.49

Tirathai 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 72.48 55.63 16.24 49.15 220.48

BKK:TRT-R vs VRT, BE: EBIT Comparison

For the Electrical Equipment & Parts subindustry, Tirathai 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.


Tirathai PCL EV-to-EBIT vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tirathai PCL's EV-to-EBIT distribution charts can be found below:

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


BKK:TRT-R
58GF Score
Tirathai PCL BKK:TRT-R
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tirathai 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 ฿341 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 ฿341 Mil mean?
Tirathai PCL (BKK:TRT-R) has a EBIT of ฿341 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tirathai PCL.
Is Tirathai PCL's EBIT too high?
Tirathai PCL's current EBIT is ฿341 Mil. Overall, Tirathai PCL has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Tirathai PCL's EBIT compare to VRT and BE?
Tirathai PCL's EBIT of ฿341 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good EBIT depends on the Industrial Products 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 Tirathai PCL. Tirathai PCL's current EBIT is ฿341 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tirathai PCL stock overvalued right now?
Tirathai PCL (BKK:TRT-R) has a current EBIT of ฿341 Mil. The stock's GF Value™ is ฿0.86, compared to a current price of ฿3.52 — trading 309.3% above its estimated fair value. The current EBIT is ฿341 Mil. Tirathai PCL's overall GF Score™ is 58/100 with 7 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 Tirathai PCL (BKK:TRT-R), the current EBIT is ฿341 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 Tirathai PCL (BKK:TRT-R) Overvalued in 2026?

Based on GuruFocus' analysis, Tirathai PCL stock appears to be overvalued. The current stock price of ฿3.52 is trading 309.3% above its estimated GF Value™ of ฿0.86.

Key valuation signals for BKK:TRT-R:

  • EBIT: ฿341 Mil
  • GF Value™: ฿0.86 vs. price of ฿3.52 (309.3% above fair value)
  • GF Score™: 58/100 with 7 warning signs

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


Tirathai PCL Business Description

Other Exchanges TRT:Thailand
Address 516/1 Moo 4, Sukhumvit Road, Bangpoo Industrial Estate, Amphoe Mueang, Samut Prakan, THA, 10280
Tirathai PCL is a Thailand-based company mainly involved in the business of manufacturing, repairing, and maintenance services of transformers and the sales of transformer equipment. In addition, it is also involved in general custom metalwork services. It offers Power transformers, Distribution transformers, and Special transformers. The company's operations are located in Thailand and other countries, of which key revenue is derived from Thailand.
58GF Score

Get the complete analysis for BKK:TRT-R

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

฿3.52
Price
฿0.86
GF Value