Thaivivat Holdings PCL (BKK:TVH) EBIT: ฿857 Mil (TTM As of Mar. 2026)


BKK:TVH Thaivivat Holdings PCL BKK:TVH
34 GF Score
Price ฿10.10
GF Value ฿9.35
Valuation Fairly Valued
! 4 Warning Signs
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What is Thaivivat Holdings PCL EBIT?

Thaivivat Holdings PCL BKK:TVH 34 EBIT is ฿857 Mil as of Mar. 2026. GuruFocus rates BKK:TVH with a GF Score™ of 34/100 and a GF Value™ of ฿9.35 (Fairly Valued). The stock has 4 warning signs investors should review.

Thaivivat Holdings PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ฿274 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ฿857 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thaivivat Holdings PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 8.64%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thaivivat Holdings PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.87%.


Thaivivat Holdings PCL  (BKK:TVH) EBIT Explanation

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

Thaivivat Holdings PCL's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1094.156 * ( 1 - 20.03% )/( (10044.40325 + 10208.84725)/ 2 )
=874.9965532/10126.62525
=8.64 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=10702.195 - 291.28 - ( 460.266 - 5% * 1875.085 )
=10044.40325

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=10818.119 - 399.24 - ( 307.207 - 5% * 1943.505 )
=10208.84725

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

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=857.068/3590.584
=23.87 %

* 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.


Thaivivat Holdings PCL EBIT Related Terms


Thaivivat Holdings PCL EBIT Historical Data

* Premium members only.

The historical data trend for Thaivivat 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.

Thaivivat Holdings PCL EBIT Chart

Thaivivat Holdings PCL Annual Data
Trend Dec22 Dec23 Dec24 Dec25
EBIT
258.00 349.70 841.99 688.01

Thaivivat Holdings PCL Quarterly Data
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 104.48 214.63 287.47 81.43 273.54

BKK:TVH vs CB, PGR, TRV: EBIT Comparison

For the Insurance - Property & Casualty subindustry, Thaivivat 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.


Thaivivat Holdings PCL EV-to-EBIT vs Insurance Industry

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

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


BKK:TVH
34GF Score
Thaivivat Holdings PCL BKK:TVH
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Thaivivat 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿857 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 ฿857 Mil mean?
Thaivivat Holdings PCL (BKK:TVH) has a EBIT of ฿857 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Thaivivat Holdings PCL.
Is Thaivivat Holdings PCL's EBIT too high?
Thaivivat Holdings PCL's current EBIT is ฿857 Mil. Overall, Thaivivat Holdings PCL has a GF Score™ of 34/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thaivivat Holdings PCL's EBIT compare to CB and PGR?
Thaivivat Holdings PCL's EBIT of ฿857 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 Thaivivat Holdings PCL. Thaivivat Holdings PCL's current EBIT is ฿857 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thaivivat Holdings PCL stock overvalued right now?
Based on GuruFocus' analysis, Thaivivat Holdings PCL (BKK:TVH) is currently considered Fairly Valued. The stock's GF Value™ is ฿9.35, compared to a current price of ฿10.10 — trading 8% above its estimated fair value. The current EBIT is ฿857 Mil. Thaivivat Holdings PCL's overall GF Score™ is 34/100 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 Thaivivat Holdings PCL (BKK:TVH), the current EBIT is ฿857 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 Thaivivat Holdings PCL (BKK:TVH) Overvalued in 2026?

Based on GuruFocus' analysis, Thaivivat Holdings PCL stock appears to be overvalued. The current stock price of ฿10.10 is trading 8% above its estimated GF Value™ of ฿9.35. GuruFocus considers Thaivivat Holdings PCL to be Fairly Valued.

Key valuation signals for BKK:TVH:

  • EBIT: ฿857 Mil
  • GF Value™: ฿9.35 vs. price of ฿10.10 (8% above fair value)
  • GF Score™: 34/100 with 4 warning signs

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


Thaivivat Holdings PCL Business Description

Address No. 71 , Dindaeng Road, Samsen Nai, Phayathai, Bangkok, THA, 10400
Thaivivat Holdings PCL is a Thailand-based company, which is engaged in investment in other companies. The Group is organised into business units based on its nature of business and have four principal business segments: (1) Non-life insurance business, (2) Investment business (3) Service business and (4) Investment property. The Company is engaged in the core business of holding shares in other companies with the core business being the insurance business consisting of the non-life insurance business in Thailand, the insurance business in overseas and the insurance supported business. Its insurance business includes motor insurance, fire insurance, marine and transportation insurance, and miscellaneous insurance.
34GF Score

Get the complete analysis for BKK:TVH

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

฿10.10
Price
฿9.35
GF Value