Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) EBIT : ₺3,378 Mil (TTM As of Sep. 2023)

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What is Avrupakent Gayrimenkul Yatirim Ortakligi EBIT?

Avrupakent Gayrimenkul Yatirim Ortakligi's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was ₺1,367 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ₺3,378 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Avrupakent Gayrimenkul Yatirim Ortakligi's annualized ROC % for the quarter that ended in Sep. 2023 was -102.36%. Avrupakent Gayrimenkul Yatirim Ortakligi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 636.61%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Avrupakent Gayrimenkul Yatirim Ortakligi's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 19.89%.

Avrupakent Gayrimenkul Yatirim Ortakligi EBIT Historical Data

The historical data trend for Avrupakent Gayrimenkul Yatirim Ortakligi's EBIT 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.

* Premium members only.

Avrupakent Gayrimenkul Yatirim Ortakligi EBIT Chart

Avrupakent Gayrimenkul Yatirim Ortakligi Annual Data

Trend

Dec20

Dec21

Dec22

EBIT

223.76

1,185.04

8,079.94

Avrupakent Gayrimenkul Yatirim Ortakligi Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Jun23	Sep23
EBIT	Get a 7-Day Free Trial			-	2,736.16	2,011.01	-	1,367.32

Competitive Comparison of Avrupakent Gayrimenkul Yatirim Ortakligi's EBIT

For the Real Estate - Diversified subindustry, Avrupakent Gayrimenkul Yatirim Ortakligi's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Avrupakent Gayrimenkul Yatirim Ortakligi's EV-to-EBIT Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Avrupakent Gayrimenkul Yatirim Ortakligi's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Avrupakent Gayrimenkul Yatirim Ortakligi's EV-to-EBIT falls into.

Avrupakent Gayrimenkul Yatirim Ortakligi EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺3,378 Mil.

Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) EBIT Explanation

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

Avrupakent Gayrimenkul Yatirim Ortakligi's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

	ROC % (Q: Sep. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2023 )	+	Invested Capital (Q: Sep. 2023 ))	/ count )
=	-14850.94 * ( 1 - 0% )	/	( (13701.743	+	15315.917)	/ 2 )
=	-14850.94	/	14508.83
=	-102.36 %

where

	Invested Capital		(Q: Jun. 2023 )
=	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	))
=	13960.105	-	232.66	-	( 25.702	-	max(0, 359.597	-	1421.501	+	25.702	))
=	13701.743

	Invested Capital		(Q: Sep. 2023 )
=	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	))
=	15737.141	-	365.596	-	( 55.628	-	max(0, 463.561	-	910.314	+	55.628	))
=	15315.917

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Avrupakent Gayrimenkul Yatirim Ortakligi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2023		Q: Sep. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	5469.292	/	( ( (186.502 + max(1032.48, 0))	+	(111.866 + max(387.406, 0)) )	/	2 )
=	5469.292	/	( ( 1218.982	+	499.272 )	/	2 )
=	5469.292	/	859.127
=	636.61 %

where Working Capital is:

	Working Capital		(Q: Jun. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(701.62	+	380.081	+	310.376)	-	(232.66	+	0	+	126.937)
=	1032.48

	Working Capital		(Q: Sep. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(225.174	+	353.267	+	272.526)	-	(365.596	+	0	+	97.965)
=	387.406

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Avrupakent Gayrimenkul Yatirim Ortakligi's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2023 )
	=	3378.332	/	16982.298
	=	19.89 %

Avrupakent Gayrimenkul Yatirim Ortakligi EBIT Related Terms

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Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Avrupakent Gayrimenkul Yatirim Ortakligi (IST:AVPGY) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Atakoy 7-8-9-10, Kisim Mah C. Cesme E-5, Yanyol Cad.N.8/2/7, Bakirkoy, Istanbul, TUR

Website

https://www.avrupakentgyo.com

Avrupakent Gayrimenkul Yatirim Ortakligi is a company that has business activities in the fields of real estate development, rental and management. It contains valuable portfolios of the country with its shopping malls, residences and other real estate. It also develops projects and rents or sells operating real estate.

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