Sis Distribution (Thailand) PCL (BKK:SIS-R) Operating Income: ฿1,143 Mil (TTM As of Mar. 2026)


BKK:SIS-R Sis Distribution (Thailand) PCL BKK:SIS-R
92 GF Score
Price ฿21.37
GF Value ฿24.57
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What is Sis Distribution (Thailand) PCL Operating Income?

Sis Distribution (Thailand) PCL BKK:SIS-R 92 Operating Income is ฿1,143 Mil as of Mar. 2026. GuruFocus rates BKK:SIS-R with a GF Score™ of 92/100 and a GF Value™ of ฿24.57.

Sis Distribution (Thailand) PCL's Operating Income for the three months ended in Mar. 2026 was ฿241 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ฿1,143 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Sis Distribution (Thailand) PCL's Operating Income for the three months ended in Mar. 2026 was ฿241 Mil. Sis Distribution (Thailand) PCL's Revenue for the three months ended in Mar. 2026 was ฿7,595 Mil. Therefore, Sis Distribution (Thailand) PCL's Operating Margin % for the quarter that ended in Mar. 2026 was 3.18%.

Good Sign:

Sis Distribution (Thailand) PCL operating margin is expanding. Margin expansion is usually a good sign.

Sis Distribution (Thailand) PCL's 5-Year average Growth Rate for Operating Margin % was 3.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Sis Distribution (Thailand) PCL's annualized ROC % for the quarter that ended in Mar. 2026 was 13.83%. Sis Distribution (Thailand) PCL's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 29.22%.

Sis Distribution (Thailand) PCL  (BKK:SIS-R) Operating Income Explanation

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

Sis Distribution (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 )
=965.724 * ( 1 - 20.12% )/( (5572.933 + 5580.311)/ 2 )
=771.4203312/5576.622
=13.83 %

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))
=11195.845 - 4878.312 - ( 744.6 - max(0, 6331.718 - 10161.089+744.6))
=5572.933

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))
=11932.46 - 5713.166 - ( 638.983 - max(0, 6817.559 - 10925.755+638.983))
=5580.311

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

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

Sis Distribution (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 )
=1324.816/( ( (327.843 + max(4039.966, 0)) + (298.23 + max(4401.6, 0)) )/ 2 )
=1324.816/( ( 4367.809 + 4699.83 )/ 2 )
=1324.816/4533.8195
=29.22 %

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)
=(5256.917 + 3652.426 + 329.114) - (4878.312 + 82.511 + 237.668)
=4039.966

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5101.962 + 4548.072 + 482.369) - (5713.166 + 0 + 17.637)
=4401.6

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 %:

Sis Distribution (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 )
=241.431/7594.842
=3.18 %

* 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.

Sis Distribution (Thailand) PCL Operating Income Related Terms

Sis Distribution (Thailand) PCL Operating Income Historical Data

* Premium members only.

The historical data trend for Sis Distribution (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.

Sis Distribution (Thailand) PCL Operating Income Chart

Sis Distribution (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 883.22 928.78 869.03 924.67 1,137.88

Sis Distribution (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 236.68 291.09 269.91 340.19 241.43
BKK:SIS-R
92GF Score
Sis Distribution (Thailand) PCL BKK:SIS-R
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Sis Distribution (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 ฿1,143 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 ฿1,143 Mil mean?
Sis Distribution (Thailand) PCL (BKK:SIS-R) has a Operating Income of ฿1,143 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Sis Distribution (Thailand) PCL and its competitors.
Is Sis Distribution (Thailand) PCL's Operating Income too high?
Sis Distribution (Thailand) PCL's current Operating Income is ฿1,143 Mil. Overall, Sis Distribution (Thailand) PCL has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does Sis Distribution (Thailand) PCL's Operating Income compare to SNX and ARW?
Sis Distribution (Thailand) PCL's Operating Income of ฿1,143 Mil can be compared against companies in the Hardware 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 Hardware company?
A good Operating Income depends on the Hardware 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 Sis Distribution (Thailand) PCL and its competitors. Sis Distribution (Thailand) PCL's current Operating Income is ฿1,143 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sis Distribution (Thailand) PCL stock overvalued right now?
Sis Distribution (Thailand) PCL (BKK:SIS-R) has a current Operating Income of ฿1,143 Mil. The stock's GF Value™ is ฿24.57, compared to a current price of ฿21.37 — trading 13% below its estimated fair value. The current Operating Income is ฿1,143 Mil. Sis Distribution (Thailand) PCL's overall GF Score™ is 92/100. 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 Sis Distribution (Thailand) PCL (BKK:SIS-R), the current Operating Income is ฿1,143 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 Sis Distribution (Thailand) PCL (BKK:SIS-R) Overvalued in 2026?

Based on GuruFocus' analysis, Sis Distribution (Thailand) PCL stock appears to be undervalued. The current stock price of ฿21.37 is trading 13% below its estimated GF Value™ of ฿24.57.

Key valuation signals for BKK:SIS-R:

  • Operating Income: ฿1,143 Mil
  • GF Value™: ฿24.57 vs. price of ฿21.37 (13% below fair value)
  • GF Score™: 92/100

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

Sis Distribution (Thailand) PCL Business Description

Other Exchanges SIS:Thailand
Address Ratchadaphisek Road, 9 Pakin Building, 9th Floor, Room Number 901, Din Daeng, Bangkok, THA, 10400
Sis Distribution (Thailand) PCL is engaged in the distribution of computer components, smartphones, office automation equipment, service and rental of computers and accessories. The company operates as a distributor for various IT product manufacturers such as Asus, Acer, Brother, Dell, Fortinet, Hewlett Packard Enterprise, HP Inc, Lenovo, Samsung, Xiaomi, etc. It has four reportable segments: Commercial products, Consumer products, Value-added products, and Phones. Maximum revenue is generated from the Consumer products segment, which distributes products for household use, such as personal computers, printers, and IoT devices. Geographically, the company operates in Thailand only.
92GF Score

Get the complete analysis for BKK:SIS-R

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

฿21.37
Price
฿24.57
GF Value