PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) EBIT: €42.9 Mil (TTM As of Mar. 2026)


FRA:S08 PT Steel Pipe Industry of Indonesia Tbk FRA:S08
77 GF Score
Price €0.01
GF Value €0.01
! 2 Warning Signs
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What is PT Steel Pipe Industry of Indonesia Tbk EBIT?

PT Steel Pipe Industry of Indonesia Tbk FRA:S08 77 EBIT is €42.9 Mil as of Mar. 2026. GuruFocus rates FRA:S08 with a GF Score™ of 77/100 and a GF Value™ of €0.01. The stock has 2 warning signs investors should review.

PT Steel Pipe Industry of Indonesia Tbk's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €7.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €42.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. PT Steel Pipe Industry of Indonesia Tbk's annualized ROC % for the quarter that ended in Mar. 2026 was 6.43%. PT Steel Pipe Industry of Indonesia Tbk's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.78%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. PT Steel Pipe Industry of Indonesia Tbk's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.71%.

PT Steel Pipe Industry of Indonesia Tbk  (FRA:S08) EBIT Explanation

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

PT Steel Pipe Industry of Indonesia Tbk'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 )
=31.264 * ( 1 - 20.39% )/( (382.142 + 392.482)/ 2 )
=24.8892704/387.312
=6.43 %

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))
=449.634 - 18.598 - ( 48.894 - max(0, 83.248 - 256.893+48.894))
=382.142

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))
=457.208 - 22.538 - ( 42.188 - max(0, 86.997 - 259.886+42.188))
=392.482

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

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

PT Steel Pipe Industry of Indonesia Tbk'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 )
=29.584/( ( (189.47 + max(186.368, 0)) + (193.986 + max(190.976, 0)) )/ 2 )
=29.584/( ( 375.838 + 384.962 )/ 2 )
=29.584/380.4
=7.78 %

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)
=(48.926 + 149.471 + 9.528) - (18.598 + 0 + 2.959)
=186.368

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(43.332 + 162.575 + 11.725) - (22.538 + 0 + 4.118)
=190.976

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:

PT Steel Pipe Industry of Indonesia Tbk's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=42.89/207.093
=20.71 %

* 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.

PT Steel Pipe Industry of Indonesia Tbk EBIT Related Terms

PT Steel Pipe Industry of Indonesia Tbk EBIT Historical Data

* Premium members only.

The historical data trend for PT Steel Pipe Industry of Indonesia Tbk'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.

PT Steel Pipe Industry of Indonesia Tbk EBIT Chart

PT Steel Pipe Industry of Indonesia Tbk 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 45.72 29.63 45.61 48.32 42.76

PT Steel Pipe Industry of Indonesia Tbk 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 8.61 11.65 12.40 11.45 7.40

FRA:S08 vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, PT Steel Pipe Industry of Indonesia Tbk'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.

PT Steel Pipe Industry of Indonesia Tbk EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, PT Steel Pipe Industry of Indonesia Tbk's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where PT Steel Pipe Industry of Indonesia Tbk's EV-to-EBIT falls into.


FRA:S08
77GF Score
PT Steel Pipe Industry of Indonesia Tbk FRA:S08
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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PT Steel Pipe Industry of Indonesia Tbk 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 €42.9 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 €42.9 Mil mean?
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a EBIT of €42.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on PT Steel Pipe Industry of Indonesia Tbk.
Is PT Steel Pipe Industry of Indonesia Tbk's EBIT too high?
PT Steel Pipe Industry of Indonesia Tbk's current EBIT is €42.9 Mil. Overall, PT Steel Pipe Industry of Indonesia Tbk has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does PT Steel Pipe Industry of Indonesia Tbk's EBIT compare to NUE and STLD?
PT Steel Pipe Industry of Indonesia Tbk's EBIT of €42.9 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 PT Steel Pipe Industry of Indonesia Tbk. PT Steel Pipe Industry of Indonesia Tbk's current EBIT is €42.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is PT Steel Pipe Industry of Indonesia Tbk stock overvalued right now?
PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) has a current EBIT of €42.9 Mil. The stock's GF Value™ is €0.01, compared to a current price of €0.01 — trading 45% above its estimated fair value. The current EBIT is €42.9 Mil. PT Steel Pipe Industry of Indonesia Tbk's overall GF Score™ is 77/100 with 2 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 PT Steel Pipe Industry of Indonesia Tbk (FRA:S08), the current EBIT is €42.9 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 PT Steel Pipe Industry of Indonesia Tbk (FRA:S08) Overvalued in 2026?

Based on GuruFocus' analysis, PT Steel Pipe Industry of Indonesia Tbk stock appears to be overvalued. The current stock price of €0.01 is trading 45% above its estimated GF Value™ of €0.01.

Key valuation signals for FRA:S08:

  • EBIT: €42.9 Mil
  • GF Value™: €0.01 vs. price of €0.01 (45% above fair value)
  • GF Score™: 77/100 with 2 warning signs

No single metric tells the full story. See the FRA:S08 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

PT Steel Pipe Industry of Indonesia Tbk Business Description

Other Exchanges ISSP:Indonesia
Address Jalan Kalibutuh No. 189-191, East Java, Surabaya, IDN, 60173
PT Steel Pipe Industry of Indonesia Tbk is an Indonesian-based company engaged in manufacturing steel pipes. The company's products include black pipes, water pipes, mechanical pipes, furniture pipes, API pipes, steel poles, spiral pipes, as well as industrial and ornamental stainless steel pipes. The segments of the company are Steel Pipe Mill, Spiral Steel Pipe Mill, Strips and Plate, Services, and others. The company's products are used for furniture, water supply systems, general construction, automotive components, oil and gas, mechanical structures, and chemical industries. Geographically, all operations functioned through the regions of Indonesia.
77GF Score

Get the complete analysis for FRA:S08

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

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