Bangkok Airways PCL (FRA:8BA) EBIT: €173.2 Mil (TTM As of Mar. 2026)


FRA:8BA Bangkok Airways PCL FRA:8BA
67 GF Score
Price €0.47
GF Value €0.49
Valuation Fairly Valued
! 8 Warning Signs
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What is Bangkok Airways PCL EBIT?

Bangkok Airways PCL FRA:8BA +1.74% 67 EBIT is €173.2 Mil as of Mar. 2026. GuruFocus rates FRA:8BA with a GF Score™ of 67/100 and a GF Value™ of €0.49 (Fairly Valued). The stock has 8 warning signs investors should review.

Bangkok Airways PCL's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €81.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €173.2 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bangkok Airways PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 17.58%. Bangkok Airways PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 99.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bangkok Airways PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.61%.


Bangkok Airways PCL  (FRA:8BA) EBIT Explanation

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

Bangkok Airways 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 )
=277.396 * ( 1 - 18.12% )/( (1291.287 + 1292.131)/ 2 )
=227.1318448/1291.709
=17.58 %

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))
=1363.122 - 70.666 - ( 271.231 - max(0, 329.46 - 330.629+271.231))
=1291.287

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))
=1393.567 - 60.618 - ( 298.775 - max(0, 326.622 - 367.44+298.775))
=1292.131

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

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

Bangkok Airways 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 )
=325.708/( ( (323.676 + max(-149.669, 0)) + (330.265 + max(-136.942, 0)) )/ 2 )
=325.708/( ( 323.676 + 330.265 )/ 2 )
=325.708/326.9705
=99.61 %

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)
=(38.451 + 13.991 + 6.92) - (70.666 + 88.137 + 50.228)
=-149.669

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(37.829 + 13.697 + 17.068) - (60.618 + 74.589 + 70.329)
=-136.942

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=173.165/1373.559
=12.61 %

* 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.


Bangkok Airways PCL EBIT Related Terms


Bangkok Airways PCL EBIT Historical Data

* Premium members only.

The historical data trend for Bangkok Airways 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.

Bangkok Airways PCL EBIT Chart

Bangkok Airways 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 -198.50 -17.68 95.58 177.86 163.33

Bangkok Airways 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 71.33 27.58 47.02 17.14 81.43

FRA:8BA vs DAL, UAL, LUV: EBIT Comparison

For the Airlines subindustry, Bangkok Airways 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.


Bangkok Airways PCL EV-to-EBIT vs Transportation Industry

For the Transportation industry and Industrials sector, Bangkok Airways PCL's EV-to-EBIT distribution charts can be found below:

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


FRA:8BA
67GF Score
Bangkok Airways PCL FRA:8BA
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Bangkok Airways 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 €173.2 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 €173.2 Mil mean?
Bangkok Airways PCL (FRA:8BA) has a EBIT of €173.2 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bangkok Airways PCL.
Is Bangkok Airways PCL's EBIT too high?
Bangkok Airways PCL's current EBIT is €173.2 Mil. Overall, Bangkok Airways PCL has a GF Score™ of 67/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Bangkok Airways PCL's EBIT compare to DAL and UAL?
Bangkok Airways PCL's EBIT of €173.2 Mil can be compared against companies in the Transportation 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 Transportation company?
A good EBIT depends on the Transportation 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 Bangkok Airways PCL. Bangkok Airways PCL's current EBIT is €173.2 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bangkok Airways PCL stock overvalued right now?
Based on GuruFocus' analysis, Bangkok Airways PCL (FRA:8BA) is currently considered Fairly Valued. The stock's GF Value™ is €0.49, compared to a current price of €0.47 — trading 4.5% below its estimated fair value. The current EBIT is €173.2 Mil. Bangkok Airways PCL's overall GF Score™ is 67/100 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 Bangkok Airways PCL (FRA:8BA), the current EBIT is €173.2 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 Bangkok Airways PCL (FRA:8BA) Overvalued in 2026?

Based on GuruFocus' analysis, Bangkok Airways PCL stock appears to be undervalued. The current stock price of €0.47 is trading 4.5% below its estimated GF Value™ of €0.49. GuruFocus considers Bangkok Airways PCL to be Fairly Valued.

Key valuation signals for FRA:8BA:

  • EBIT: €173.2 Mil
  • GF Value™: €0.49 vs. price of €0.47 (4.5% below fair value)
  • GF Score™: 67/100 with 8 warning signs

No single metric tells the full story. See the FRA:8BA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bangkok Airways PCL Business Description

Other Exchanges BA:Thailand
Address 99 Moo 14, Vibhavadirangsit Road, Chom Phon, Chatuchak, Bangkok, THA, 10900
Bangkok Airways PCL is principally engaged in the provision of air transportation and airport services. It operates in three segments; The airline segment sells tickets and provides services to passengers, the airport segment provides location services for passengers and airlines, and the supporting airline business segment, which provides ground handling, cargo, and catering services for airlines and customers. The majority of its revenue is from the Airline segment. It mainly operates in Thailand.
67GF Score

Get the complete analysis for FRA:8BA

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

€0.47
Price
€0.49
GF Value