Millcon Steel PCL (BKK:MILL-R) EV-to-EBIT: -20.56 (As of Aug. 05, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Millcon Steel PCL EV-to-EBIT?

Millcon Steel PCL BKK:MILL-R EV-to-EBIT is -20.56 as of Aug. 05, 2026. The stock has 10 warning signs investors should review. Among 489 Steel companies, Millcon Steel PCL ranks worse than 204498.77% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Millcon Steel PCL's Enterprise Value is ฿11,854 Mil. Millcon Steel PCL's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was ฿-576 Mil. Therefore, Millcon Steel PCL's EV-to-EBIT for today is -20.56.

The historical rank and industry rank for Millcon Steel PCL's EV-to-EBIT or its related term are showing as below:

BKK:MILL-R' s EV-to-EBIT Range Over the Past 10 Years
Min: -751.81   Med: 19.52   Max: 75.09
Current: -20.56

During the past 13 years, the highest EV-to-EBIT of Millcon Steel PCL was 75.09. The lowest was -751.81. And the median was 19.52.

BKK:MILL-R's EV-to-EBIT is ranked worse than
100% of 489 companies
in the Steel industry
Industry Median: 13.17 vs BKK:MILL-R: -20.56

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Millcon Steel PCL's Enterprise Value for the quarter that ended in Sep. 2025 was ฿12,369 Mil. Millcon Steel PCL's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 was ฿-576 Mil. Millcon Steel PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -4.66%.


Millcon Steel PCL  (BKK:MILL-R) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Millcon Steel PCL's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Sep. 2025 ) =EBIT / Enterprise Value (Q: Sep. 2025 )
=-576.437/12369.39228
=-4.66 %

Millcon Steel PCL's Enterprise Value for the quarter that ended in Sep. 2025 was ฿12,369 Mil.
Millcon Steel PCL's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-576 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.


Millcon Steel PCL EV-to-EBIT Related Terms


Millcon Steel PCL EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Millcon Steel PCL's EV-to-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.

Millcon Steel PCL EV-to-EBIT Chart

Millcon Steel PCL Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.45 17.59 21.02 -51.42 -2.43

Millcon Steel PCL Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
EV-to-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 -2.44 -2.43 -2.55 -3.70 -21.61

BKK:MILL-R vs NUE, STLD, RS: EV-to-EBIT Comparison

For the Steel subindustry, Millcon Steel 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.


Millcon Steel PCL EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Millcon Steel PCL's EV-to-EBIT distribution charts can be found below:

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



Millcon Steel PCL EV-to-EBIT Calculation

Millcon Steel PCL's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=11853.963/-576.437
=-20.56

Millcon Steel PCL's current Enterprise Value is ฿11,854 Mil.
Millcon Steel PCL's EBIT for the trailing twelve months (TTM) ended in Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿-576 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 EV-to-EBIT →
What does a EV-to-EBIT of -20.56 mean?
Millcon Steel PCL (BKK:MILL-R) has a EV-to-EBIT of -20.56 as of Aug. 05, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Millcon Steel PCL and its competitors. According to the industry distribution chart, Millcon Steel PCL ranks #999999 out of 489 companies in the Steel industry.
Is Millcon Steel PCL's EV-to-EBIT too high?
Millcon Steel PCL's current EV-to-EBIT is -20.56. Based on the distribution chart, Millcon Steel PCL ranks #999999 out of 489 companies in the Steel industry, which is in the bottom quartile relative to peers.
How does Millcon Steel PCL's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Millcon Steel PCL ranks #999999 out of 489 companies for EV-to-EBIT. This places Millcon Steel PCL in the lower half of its industry. The industry median EV-to-EBIT is 13.17. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Steel company?
The median EV-to-EBIT among Steel companies is 13.17, based on 489 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-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 EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Millcon Steel PCL and its competitors. For the Steel industry, the median EV-to-EBIT is 13.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millcon Steel PCL's current EV-to-EBIT is -20.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millcon Steel PCL stock overvalued right now?
Millcon Steel PCL (BKK:MILL-R) has a current EV-to-EBIT of -20.56. The stock's GF Value™ is ฿0.24, compared to a current price of ฿0.06 — trading 75% below its estimated fair value. The current EV-to-EBIT is -20.56. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Millcon Steel PCL (BKK:MILL-R), the current EV-to-EBIT is -20.56 as of Aug. 05, 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.

Millcon Steel PCL Business Description

Other Exchanges MILL:Thailand
Address Banggradee Road, Samaedum, No. 9,11,13 Soi Banggradee 32, Samaedam Sub-district, Bangkhunthian District, Bangkok, THA, 10150
Millcon Steel PCL principal activity is manufacturing and trading of steel. The reportable segments of the company are the Manufacturing segment and Trading segment. The company generates majority of revenue from Manufacturing segment. The vast majority of its revenue comes from the Domestic Market. Its products and services are REINFORCING STEEL BARS, ROUND STEEL BARS, REINFORCING STEEL BARS (THREADED TYPE), WIRE, STEEL PIPE, C-SHAPED STEEL, GALVANIZED STEEL.