President Automobile Industries PCL (BKK:PACO) Operating Income: ฿109.1 Mil (TTM As of Jun. 2026)

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BKK:PACO President Automobile Industries PCL BKK:PACO
82 GF Score
Price ฿1.50
GF Value ฿1.22
Valuation Modestly Overvalued
! 9 Warning Signs
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What is President Automobile Industries PCL Operating Income?

President Automobile Industries PCL BKK:PACO -0.66% 82 Operating Income is ฿109.1 Mil as of Jun. 2026. GuruFocus rates BKK:PACO with a GF Score™ of 82/100 and a GF Value™ of ฿1.22 (Modestly Overvalued). The stock has 9 warning signs investors should review.

President Automobile Industries PCL's Operating Income for the three months ended in Jun. 2026 was ฿23.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ฿109.1 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. President Automobile Industries PCL's Operating Income for the three months ended in Jun. 2026 was ฿23.4 Mil. President Automobile Industries PCL's Revenue for the three months ended in Jun. 2026 was ฿244.9 Mil. Therefore, President Automobile Industries PCL's Operating Margin % for the quarter that ended in Jun. 2026 was 9.57%.

President Automobile Industries PCL's 5-Year average Growth Rate for Operating Margin % was -0.10% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. President Automobile Industries PCL's annualized ROC % for the quarter that ended in Jun. 2026 was 8.47%. President Automobile Industries PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 10.88%.


President Automobile Industries PCL  (BKK:PACO) Operating Income Explanation

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

President Automobile Industries PCL's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=93.744 * ( 1 - 12.04% )/( (984.663 + 962.023)/ 2 )
=82.4572224/973.343
=8.47 %

where

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))
=1206.927 - 84.73 - ( 137.534 - max(0, 155.342 - 766.031+137.534))
=984.663

Invested Capital(Q: Jun. 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))
=1161.91 - 115.395 - ( 84.492 - max(0, 167.235 - 725.684+84.492))
=962.023

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

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

President Automobile Industries PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=101.764/( ( (425.261 + max(528.114, 0)) + (420.271 + max(496.861, 0)) )/ 2 )
=101.764/( ( 953.375 + 917.132 )/ 2 )
=101.764/935.2535
=10.88 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(249.507 + 363.166 + 12.663) - (84.73 + 11.392 + 1.1)
=528.114

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(228.363 + 391.886 + 5.6569999999999) - (115.395 + 12.296 + 1.354)
=496.861

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

President Automobile Industries PCL's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=23.436/244.944
=9.57 %

* 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.


President Automobile Industries PCL Operating Income Related Terms


President Automobile Industries PCL Operating Income Historical Data

* Premium members only.

The historical data trend for President Automobile Industries 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.

President Automobile Industries PCL Operating Income Chart

President Automobile Industries PCL Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial 121.35 85.78 102.07 191.37 150.64

President Automobile Industries PCL Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 50.21 27.87 23.92 33.89 23.44
BKK:PACO
82GF Score
President Automobile Industries PCL BKK:PACO
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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President Automobile Industries 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ฿109.1 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 ฿109.1 Mil mean?
President Automobile Industries PCL (BKK:PACO) has a Operating Income of ฿109.1 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on President Automobile Industries PCL and its competitors.
Is President Automobile Industries PCL's Operating Income too high?
President Automobile Industries PCL's current Operating Income is ฿109.1 Mil. Overall, President Automobile Industries PCL has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does President Automobile Industries PCL's Operating Income compare to ORLY and AZO?
President Automobile Industries PCL's Operating Income of ฿109.1 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Operating Income depends on the Vehicles & Parts 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 President Automobile Industries PCL and its competitors. President Automobile Industries PCL's current Operating Income is ฿109.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is President Automobile Industries PCL stock overvalued right now?
Based on GuruFocus' analysis, President Automobile Industries PCL (BKK:PACO) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿1.22, compared to a current price of ฿1.50 — trading 23% above its estimated fair value. The current Operating Income is ฿109.1 Mil. President Automobile Industries PCL's overall GF Score™ is 82/100 with 9 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 President Automobile Industries PCL (BKK:PACO), the current Operating Income is ฿109.1 Mil as of Jun. 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 President Automobile Industries PCL (BKK:PACO) Overvalued in 2026?

Based on GuruFocus' analysis, President Automobile Industries PCL stock appears to be overvalued. The current stock price of ฿1.50 is trading 23% above its estimated GF Value™ of ฿1.22. GuruFocus considers President Automobile Industries PCL to be Modestly Overvalued.

Key valuation signals for BKK:PACO:

  • Operating Income: ฿109.1 Mil
  • GF Value™: ฿1.22 vs. price of ฿1.50 (23% above fair value)
  • GF Score™: 82/100 with 9 warning signs

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


President Automobile Industries PCL Business Description

Address Satethakit 1 Road, 88/8, Moo 9, Soi Wor-Por-Or 11 (Piset), Suanluang, Kratumban, Samutsakorn, THA, 74110
President Automobile Industries PCL is principally engaged in the manufacture and distribution of automotive air conditioning components. It operates in two reportable segments: the manufacture and distribution of automotive air conditioning components and the trading segment. The products offered by the company are condensers, evaporators, compressors, oil coolers, Air conditioning electrical parts, refrigerants, intercoolers and other accessories. The company has a business presence in Thailand, the Middle East, South East Asia, South Asia, South America, Europe, Australia, North America, and other regions.
82GF Score

Get the complete analysis for BKK:PACO

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

฿1.50
Price
฿1.22
GF Value