BG Container Glass PCL (BKK:BGC) Operating Income: ฿252 Mil (TTM As of Mar. 2026)

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BKK:BGC BG Container Glass PCL BKK:BGC
63 GF Score
Price ฿6.95
GF Value ฿5.85
Valuation Modestly Overvalued
! 12 Warning Signs
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What is BG Container Glass PCL Operating Income?

BG Container Glass PCL BKK:BGC +0.72% 63 Operating Income is ฿252 Mil as of Mar. 2026. GuruFocus rates BKK:BGC with a GF Score™ of 63/100 and a GF Value™ of ฿5.85 (Modestly Overvalued). The stock has 12 warning signs investors should review.

BG Container Glass PCL's Operating Income for the three months ended in Mar. 2026 was ฿121 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿252 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. BG Container Glass PCL's Operating Income for the three months ended in Mar. 2026 was ฿121 Mil. BG Container Glass PCL's Revenue for the three months ended in Mar. 2026 was ฿3,569 Mil. Therefore, BG Container Glass PCL's Operating Margin % for the quarter that ended in Mar. 2026 was 3.39%.

Warning Sign:

BG Container Glass PCL operating margin has been in a 5-year decline. The average rate of decline per year is -17.2%.

BG Container Glass PCL's 5-Year average Growth Rate for Operating Margin % was -17.20% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. BG Container Glass PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 2.09%. BG Container Glass PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 3.09%.


BG Container Glass PCL  (BKK:BGC) Operating Income Explanation

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

BG Container Glass 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 )
=483.852 * ( 1 - 13.1% )/( (20725.166 + 19582.935)/ 2 )
=420.467388/20154.0505
=2.09 %

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))
=18419.13 - 1407.536 - ( 808.702 - max(0, 9081.976 - 5368.404+808.702))
=20725.166

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))
=17074.614 - 1434.59 - ( 96.846 - max(0, 8250.474 - 4307.563+96.846))
=19582.935

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

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

BG Container Glass 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 )
=424.856/( ( (11248.969 + max(2899.79, 0)) + (10858.939 + max(2456.364, 0)) )/ 2 )
=424.856/( ( 14148.759 + 13315.303 )/ 2 )
=424.856/13732.031
=3.09 %

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)
=(1519.846 + 2826.124 + 92.961) - (1407.536 + 0 + 131.605)
=2899.79

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1666.282 + 2309.748 + 157.871) - (1434.59 + 0 + 242.947)
=2456.364

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. Operating Income is also linked to Operating Margin %:

BG Container Glass PCL's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=120.963/3569.029
=3.39 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


BG Container Glass PCL Operating Income Related Terms


BG Container Glass PCL Operating Income Historical Data

* Premium members only.

The historical data trend for BG Container Glass PCL's Operating Income 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.

BG Container Glass PCL Operating Income Chart

BG Container Glass PCL Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 817.00 480.84 567.60 549.23 330.92

BG Container Glass PCL Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income 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 195.19 168.54 28.08 -65.23 120.96
BKK:BGC
63GF Score
BG Container Glass PCL BKK:BGC
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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BG Container Glass PCL Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income 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 ฿252 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 Operating Income →
What does a Operating Income of ฿252 Mil mean?
BG Container Glass PCL (BKK:BGC) has a Operating Income of ฿252 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on BG Container Glass PCL and its competitors.
Is BG Container Glass PCL's Operating Income too high?
BG Container Glass PCL's current Operating Income is ฿252 Mil. Overall, BG Container Glass PCL has a GF Score™ of 63/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BG Container Glass PCL's Operating Income compare to SW and PKG?
BG Container Glass PCL's Operating Income of ฿252 Mil can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for a Packaging & Containers company?
A good Operating Income depends on the Packaging & Containers industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on BG Container Glass PCL and its competitors. BG Container Glass PCL's current Operating Income is ฿252 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BG Container Glass PCL stock overvalued right now?
Based on GuruFocus' analysis, BG Container Glass PCL (BKK:BGC) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿5.85, compared to a current price of ฿6.95 — trading 18.8% above its estimated fair value. The current Operating Income is ฿252 Mil. BG Container Glass PCL's overall GF Score™ is 63/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For BG Container Glass PCL (BKK:BGC), the current Operating Income is ฿252 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 BG Container Glass PCL (BKK:BGC) Overvalued in 2026?

Based on GuruFocus' analysis, BG Container Glass PCL stock appears to be overvalued. The current stock price of ฿6.95 is trading 18.8% above its estimated GF Value™ of ฿5.85. GuruFocus considers BG Container Glass PCL to be Modestly Overvalued.

Key valuation signals for BKK:BGC:

  • Operating Income: ฿252 Mil
  • GF Value™: ฿5.85 vs. price of ฿6.95 (18.8% above fair value)
  • GF Score™: 63/100 with 12 warning signs

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


BG Container Glass PCL Business Description

Address 47/1 Moo 2, Rangsit-Nakornnayok Road, Buengyeetho, Thanyaburi, Pathumthani, THA, 12130
BG Container Glass PCL is a Thailand-based company. The company is engaged in managing the distribution of glass bottles and other packaging and investing in other entities. Its reportable segments are the manufacture and distribution of glass bottles,; the manufacture and distribution of other packaging; and Other businesses. The company earns revenues from Thailand.
63GF Score

Get the complete analysis for BKK:BGC

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

฿6.95
Price
฿5.85
GF Value