Thrace Plastics Holding and Commercial (FRA:TP3) EBIT: €29.9 Mil (TTM As of Mar. 2026)

What is Thrace Plastics Holding and Commercial EBIT?

Thrace Plastics Holding and Commercial FRA:TP3 -2.25% 70 EBIT is €29.9 Mil as of Mar. 2026. GuruFocus rates FRA:TP3 with a GF Score™ of 70/100 and a GF Value™ of €4.19 (Fairly Valued). The stock has 11 warning signs investors should review.

Thrace Plastics Holding and Commercial's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was €8.0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was €29.9 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Thrace Plastics Holding and Commercial's annualized ROC % for the quarter that ended in Mar. 2026 was 6.64%. Thrace Plastics Holding and Commercial's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.56%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Thrace Plastics Holding and Commercial's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 10.68%.

Thrace Plastics Holding and Commercial (FRA:TP3) EBIT Explanation

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

Thrace Plastics Holding and Commercial'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 )
=	31.308 * ( 1 - 25.54% )	/	( (340.87	+	361.167)	/ 2 )
=	23.3119368	/	351.0185
=	6.64 %

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	))
=	449.357	-	82.113	-	( 26.374	-	max(0, 127.366	-	204.142	+	26.374	))
=	340.87

	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	))
=	475.391	-	89.105	-	( 25.119	-	max(0, 136.065	-	222.058	+	25.119	))
=	361.167

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

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

Thrace Plastics Holding and Commercial'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 )
=	31.932	/	( ( (206.575 + max(89.901, 0))	+	(207.991 + max(100.073, 0)) )	/	2 )
=	31.932	/	( ( 296.476	+	308.064 )	/	2 )
=	31.932	/	302.27
=	10.56 %

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)
=	(78.322	+	87.428	+	7.583)	-	(82.113	+	0	+	1.319)
=	89.901

	Working Capital		(Q: Mar. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(89.676	+	94.719	+	6.186)	-	(89.105	+	0	+	1.403)
=	100.073

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:

Thrace Plastics Holding and Commercial's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Mar. 2026 )
	=	29.893	/	279.893
	=	10.68 %

* 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.

Thrace Plastics Holding and Commercial EBIT Related Terms

Thrace Plastics Holding and Commercial EBIT Historical Data

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The historical data trend for Thrace Plastics Holding and Commercial's EBIT can be seen below:

Thrace Plastics Holding and Commercial EBIT Chart

Thrace Plastics Holding and Commercial Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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85.97

34.01

24.53

17.34

23.14

Thrace Plastics Holding and Commercial 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															1.97	9.74	8.66	3.51	7.98

FRA:TP3 vs AIN: EBIT Comparison

For the Textile Manufacturing subindustry, Thrace Plastics Holding and Commercial'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.

Thrace Plastics Holding and Commercial EV-to-EBIT vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Thrace Plastics Holding and Commercial's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Thrace Plastics Holding and Commercial's EV-to-EBIT falls into.

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70GF Score

Thrace Plastics Holding and Commercial SA FRA:TP3

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Thrace Plastics Holding and Commercial 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 €29.9 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of €29.9 Mil mean?

Thrace Plastics Holding and Commercial (FRA:TP3) has a EBIT of €29.9 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Thrace Plastics Holding and Commercial.

Is Thrace Plastics Holding and Commercial's EBIT too high?

Thrace Plastics Holding and Commercial's current EBIT is €29.9 Mil. Overall, Thrace Plastics Holding and Commercial has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.

How does Thrace Plastics Holding and Commercial's EBIT compare to AIN?

Thrace Plastics Holding and Commercial's EBIT of €29.9 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?

A good EBIT depends on the Manufacturing - Apparel & Accessories 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 Thrace Plastics Holding and Commercial. Thrace Plastics Holding and Commercial's current EBIT is €29.9 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Thrace Plastics Holding and Commercial stock overvalued right now?

Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial (FRA:TP3) is currently considered Fairly Valued. The stock's GF Value™ is €4.19, compared to a current price of €4.56 — trading 8.8% above its estimated fair value. The current EBIT is €29.9 Mil. Thrace Plastics Holding and Commercial's overall GF Score™ is 70/100 with 11 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 Thrace Plastics Holding and Commercial (FRA:TP3), the current EBIT is €29.9 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 Thrace Plastics Holding and Commercial (FRA:TP3) Overvalued in 2026?

Based on GuruFocus' analysis, Thrace Plastics Holding and Commercial stock appears to be overvalued. The current stock price of €4.56 is trading 8.8% above its estimated GF Value™ of €4.19. GuruFocus considers Thrace Plastics Holding and Commercial to be Fairly Valued.

Key valuation signals for FRA:TP3:

EBIT: €29.9 Mil
GF Value™: €4.19 vs. price of €4.56 (8.8% above fair value)
GF Score™: 70/100 with 11 warning signs

No single metric tells the full story. See the FRA:TP3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Thrace Plastics Holding and Commercial Business Description

Industry Consumer Cyclical Manufacturing - Apparel & Accessories

Comparable Companies ATH:MOYZK ATH:LANAC ATH:AAAK ATH:MIN SZSE:301526 TSE:3402 HKSE:02313 SHSE:601233 SHSE:603306 TSE:3110 SHSE:600295 TPE:1402 SZSE:000158 BOM:532889 IST:SASA SHSE:600120 LSE:COA AIN BOM:502986 SHSE:605006

Other Exchanges PLAT:Greece

Address 20 Marinou Antypa Street, Alimos, Attica, Athens, GRC, 17455

Website https://www.thracegroup.com

Thrace Plastics Holding and Commercial SA are engaged in the production and distribution of polypropylene products. The business segments of the company are the technical fabrics sector which is concerned with the production and trade of synthetic fabrics for industrial and technical uses; packaging sector which is concerned with production and trade of industrial products, including mainly bags and palletizing film for the packaging of fertilizers, fish feed, animal feed and chemical and inert materials; and Other, that includes agriculture sector. Geographically, the company generates majority of its revenue from European Union Countries.

70GF Score

Get the complete analysis for FRA:TP3

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

€4.56

Price

€4.19

GF Value

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