Singer Thailand PCL (BKK:SINGER-W2-R) Operating Income: ฿606.56 Mil (TTM As of Mar. 2026)


BKK:SINGER-W2-R Singer Thailand PCL BKK:SINGER-W2-R
67 GF Score
Price ฿36.25
! 5 Warning Signs
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What is Singer Thailand PCL Operating Income?

Singer Thailand PCL BKK:SINGER-W2-R 67 Operating Income is ฿606.56 Mil as of Mar. 2026. GuruFocus rates BKK:SINGER-W2-R with a GF Score™ of 67/100. The stock has 5 warning signs investors should review.

Singer Thailand PCL's Operating Income for the three months ended in Mar. 2026 was ฿264.07 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿606.56 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Singer Thailand PCL's Operating Income for the three months ended in Mar. 2026 was ฿264.07 Mil. Singer Thailand PCL's Revenue for the three months ended in Mar. 2026 was ฿1,001.63 Mil. Therefore, Singer Thailand PCL's Operating Margin % for the quarter that ended in Mar. 2026 was 26.36%.

Singer Thailand 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. Singer Thailand PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 5.53%. Singer Thailand PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 138.15%.


Singer Thailand PCL  (BKK:SINGER-W2-R) Operating Income Explanation

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

Singer Thailand 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 )
=1056.296 * ( 1 - 24.3% )/( (14371.553 + 14557.436)/ 2 )
=799.616072/14464.4945
=5.53 %

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))
=16541.224 - 260.889 - ( 1908.782 - max(0, 579.854 - 10265.184+1908.782))
=14371.553

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))
=16792.969 - 345.398 - ( 1890.135 - max(0, 618.588 - 10960.452+1890.135))
=14557.436

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

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

Singer Thailand 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 )
=1056.296/( ( (679.824 + max(150.924, 0)) + (698.416 + max(-19.854000000002, 0)) )/ 2 )
=1056.296/( ( 830.748 + 698.416 )/ 2 )
=1056.296/764.582
=138.15 %

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)
=(1.631 + 275.428 + 183.033) - (260.889 + 0 + 48.279)
=150.924

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0.569 + 283.324 + 41.650999999998) - (345.398 + 0 + 0)
=-19.854000000002

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 %:

Singer Thailand 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 )
=264.074/1001.63
=26.36 %

* 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.


Singer Thailand PCL Operating Income Related Terms


Singer Thailand PCL Operating Income Historical Data

* Premium members only.

The historical data trend for Singer Thailand 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.

Singer Thailand PCL Operating Income Chart

Singer Thailand 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 1,262.88 1,649.58 -4,154.17 189.05 333.19

Singer Thailand 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 32.34 67.17 132.86 142.46 264.07
BKK:SINGER-W2-R
67GF Score
Singer Thailand PCL BKK:SINGER-W2-R
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Singer Thailand 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 ฿606.56 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 ฿606.56 Mil mean?
Singer Thailand PCL (BKK:SINGER-W2-R) has a Operating Income of ฿606.56 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Singer Thailand PCL and its competitors.
Is Singer Thailand PCL's Operating Income too high?
Singer Thailand PCL's current Operating Income is ฿606.56 Mil. Overall, Singer Thailand PCL has a GF Score™ of 67/100, reflecting its overall financial health beyond just this single metric.
How does Singer Thailand PCL's Operating Income compare to V and MA?
Singer Thailand PCL's Operating Income of ฿606.56 Mil can be compared against companies in the Credit Services 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 Credit Services company?
A good Operating Income depends on the Credit Services 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 Singer Thailand PCL and its competitors. Singer Thailand PCL's current Operating Income is ฿606.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singer Thailand PCL stock overvalued right now?
Singer Thailand PCL (BKK:SINGER-W2-R) has a current Operating Income of ฿606.56 Mil. The current Operating Income is ฿606.56 Mil. Singer Thailand PCL's overall GF Score™ is 67/100 with 5 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 Singer Thailand PCL (BKK:SINGER-W2-R), the current Operating Income is ฿606.56 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.

Singer Thailand PCL Business Description

Other Exchanges SINGER:Thailand
Address Charoenkrung Road, 72 NT Bangrak Building, 17th Floor, Bangrak, Bangkok, THA, 10500
Singer Thailand PCL activities include trade sales and hire-purchase of electronic appliances, commercial products, mobile phones, hire-purchase of vehicles, loan receivables with vehicle collateral, repair and maintenance services of electronic appliances, and providing life and non-life insurance brokerage. The Company distributes products under the Singer brand, including sewing machines and home electrical appliances, and also distributes commercial appliances, vending machines, and mobile telephone products and accessories. The Company operates through three segments: Trade sales, Hire purchase and loans, which generate maximum revenue; and Service and others. The Group is managed and operates principally in Thailand.
67GF Score

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

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