Porn Prom Metal PCL (BKK:PPM) Operating Income: ฿157 Mil (TTM As of Mar. 2026)

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BKK:PPM Porn Prom Metal PCL BKK:PPM
74 GF Score
Price ฿2.06
GF Value ฿1.82
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Porn Prom Metal PCL Operating Income?

Porn Prom Metal PCL BKK:PPM -0.96% 74 Operating Income is ฿157 Mil as of Mar. 2026. GuruFocus rates BKK:PPM with a GF Score™ of 74/100 and a GF Value™ of ฿1.82 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Porn Prom Metal PCL's Operating Income for the three months ended in Mar. 2026 was ฿60 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿157 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Porn Prom Metal PCL's Operating Income for the three months ended in Mar. 2026 was ฿60 Mil. Porn Prom Metal PCL's Revenue for the three months ended in Mar. 2026 was ฿567 Mil. Therefore, Porn Prom Metal PCL's Operating Margin % for the quarter that ended in Mar. 2026 was 10.63%.

Porn Prom Metal PCL's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Porn Prom Metal PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 10.26%. Porn Prom Metal PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.41%.


Porn Prom Metal PCL  (BKK:PPM) Operating Income Explanation

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

Porn Prom Metal 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 )
=240.84 * ( 1 - 20.5% )/( (1822.994 + 1909.152)/ 2 )
=191.4678/1866.073
=10.26 %

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))
=2250.785 - 164.143 - ( 263.648 - max(0, 751.016 - 1189.354+263.648))
=1822.994

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))
=2330.246 - 203.924 - ( 217.17 - max(0, 785.503 - 1235.457+217.17))
=1909.152

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

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

Porn Prom Metal 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 )
=295.128/( ( (405.945 + max(586.439, 0)) + (405.634 + max(608.646, 0)) )/ 2 )
=295.128/( ( 992.384 + 1014.28 )/ 2 )
=295.128/1003.332
=29.41 %

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)
=(272.973 + 452.303 + 55.258) - (164.143 + 25.227 + 4.7249999999999)
=586.439

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(310.624 + 481.316 + 52.32) - (203.924 + 27.593 + 4.0970000000001)
=608.646

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 %:

Porn Prom Metal 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 )
=60.21/566.505
=10.63 %

* 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.


Porn Prom Metal PCL Operating Income Related Terms


Porn Prom Metal PCL Operating Income Historical Data

* Premium members only.

The historical data trend for Porn Prom Metal 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.

Porn Prom Metal PCL Operating Income Chart

Porn Prom Metal 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 159.53 17.03 222.67 168.16 150.16

Porn Prom Metal 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 46.03 -6.97 49.31 54.28 60.21
BKK:PPM
74GF Score
Porn Prom Metal PCL BKK:PPM
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Porn Prom Metal 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 ฿157 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 ฿157 Mil mean?
Porn Prom Metal PCL (BKK:PPM) has a Operating Income of ฿157 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Porn Prom Metal PCL and its competitors.
Is Porn Prom Metal PCL's Operating Income too high?
Porn Prom Metal PCL's current Operating Income is ฿157 Mil. Overall, Porn Prom Metal PCL has a GF Score™ of 74/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Porn Prom Metal PCL's Operating Income compare to GWW and FAST?
Porn Prom Metal PCL's Operating Income of ฿157 Mil can be compared against companies in the Industrial Distribution 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 an Industrial Distribution company?
A good Operating Income depends on the Industrial Distribution 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 Porn Prom Metal PCL and its competitors. Porn Prom Metal PCL's current Operating Income is ฿157 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Porn Prom Metal PCL stock overvalued right now?
Based on GuruFocus' analysis, Porn Prom Metal PCL (BKK:PPM) is currently considered Modestly Overvalued. The stock's GF Value™ is ฿1.82, compared to a current price of ฿2.06 — trading 13.2% above its estimated fair value. The current Operating Income is ฿157 Mil. Porn Prom Metal PCL's overall GF Score™ is 74/100 with 6 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 Porn Prom Metal PCL (BKK:PPM), the current Operating Income is ฿157 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 Porn Prom Metal PCL (BKK:PPM) Overvalued in 2026?

Based on GuruFocus' analysis, Porn Prom Metal PCL stock appears to be overvalued. The current stock price of ฿2.06 is trading 13.2% above its estimated GF Value™ of ฿1.82. GuruFocus considers Porn Prom Metal PCL to be Modestly Overvalued.

Key valuation signals for BKK:PPM:

  • Operating Income: ฿157 Mil
  • GF Value™: ฿1.82 vs. price of ฿2.06 (13.2% above fair value)
  • GF Score™: 74/100 with 6 warning signs

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


Porn Prom Metal PCL Business Description

Address 205/1 Nakornratchasima Road, Dusit, Bangkok, THA, 10300
Porn Prom Metal PCL is involved in distributing metal products such as brass, copper, stainless, aluminum and hotel and restaurant and entertainment center (Community mall). It has three principal segments: Sales of raw material for industry, production, and sales of flexible packaging and provide service for design, supply, and installation of electricity by using alternative energy and assemble solar cells for export; and sales of construction material; and sales of solar roofs. The company and its subsidiaries have operations in Thailand.
74GF Score

Get the complete analysis for BKK:PPM

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

฿2.06
Price
฿1.82
GF Value