Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Earnings Yield (Joel Greenblatt) %: 4.37% (As of Mar. 2026) — 82% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:HTTBT Hitit Bilgisayar Hizmetleri AS IST:HTTBT
86 GF Score
Price ₺36.44
GF Value ₺86.62
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Hitit Bilgisayar Hizmetleri AS Earnings Yield (Joel Greenblatt) %?

Hitit Bilgisayar Hizmetleri AS IST:HTTBT +1.22% 86 Earnings Yield (Joel Greenblatt) % is 4.37% as of Mar. 2026, which is 82% above its 10-year median of 2.40. GuruFocus rates IST:HTTBT with a GF Score™ of 86/100 and a GF Value™ of ₺86.62 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 2,910 Software companies, Hitit Bilgisayar Hizmetleri AS ranks better than 60.72% on this metric.

Hitit Bilgisayar Hizmetleri AS's Enterprise Value for the quarter that ended in Mar. 2026 was ₺10,889 Mil. Hitit Bilgisayar Hizmetleri AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₺476 Mil. Hitit Bilgisayar Hizmetleri AS's Earnings Yield (Joel Greenblatt) for the quarter that ended in Mar. 2026 was 4.37%.

The historical rank and industry rank for Hitit Bilgisayar Hizmetleri AS's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

IST:HTTBT' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: 1.1   Med: 2.4   Max: 4.51
Current: 4.45

During the past 8 years, the highest Earnings Yield (Joel Greenblatt) of Hitit Bilgisayar Hizmetleri AS was 4.51%. The lowest was 1.10%. And the median was 2.40%.

IST:HTTBT's Earnings Yield (Joel Greenblatt) % is ranked better than
60.72% of 2910 companies
in the Software industry
Industry Median: 2.045 vs IST:HTTBT: 4.45

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. Hitit Bilgisayar Hizmetleri AS's Forward Rate of Return (Yacktman) % for the quarter that ended in Mar. 2026 was 18.48%. The Forward Rate of Return uses the normalized Free Cash Flow of the past five years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


Hitit Bilgisayar Hizmetleri AS  (IST:HTTBT) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


Hitit Bilgisayar Hizmetleri AS Earnings Yield (Joel Greenblatt) % Related Terms


Hitit Bilgisayar Hizmetleri AS Earnings Yield (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Hitit Bilgisayar Hizmetleri AS's Earnings Yield (Joel Greenblatt) % 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.

Hitit Bilgisayar Hizmetleri AS Earnings Yield (Joel Greenblatt) % Chart

Hitit Bilgisayar Hizmetleri AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Earnings Yield (Joel Greenblatt) %
Get a 7-Day Free Trial 0.00 2.24 2.54 1.97 3.84

Hitit Bilgisayar Hizmetleri AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Earnings Yield (Joel Greenblatt) % 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 2.51 3.49 3.38 3.84 4.37

IST:HTTBT vs QH, SHOP, UBER: Earnings Yield (Joel Greenblatt) % Comparison

For the Software - Application subindustry, Hitit Bilgisayar Hizmetleri AS's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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.


Hitit Bilgisayar Hizmetleri AS Earnings Yield (Joel Greenblatt) % vs Software Industry

For the Software industry and Technology sector, Hitit Bilgisayar Hizmetleri AS's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Hitit Bilgisayar Hizmetleri AS's Earnings Yield (Joel Greenblatt) % falls into.


IST:HTTBT
86GF Score
Hitit Bilgisayar Hizmetleri AS IST:HTTBT
Earnings Yield (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hitit Bilgisayar Hizmetleri AS Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

Hitit Bilgisayar Hizmetleri ASs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2025 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=471.241/12276.684
=3.84 %

Hitit Bilgisayar Hizmetleri AS's EBIT 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 ₺476 Mil.


What does a Earnings Yield (Joel Greenblatt) % of 4.37% mean?
Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) has a Earnings Yield (Joel Greenblatt) % of 4.37% as of Mar. 2026. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Hitit Bilgisayar Hizmetleri AS and its competitors. This is 82% above median its historical median of 2.40. Over the past decade, Hitit Bilgisayar Hizmetleri AS's Earnings Yield (Joel Greenblatt) % has ranged from 1.10 to 4.51. According to the industry distribution chart, Hitit Bilgisayar Hizmetleri AS ranks #1143 out of 2910 companies in the Software industry, placing it in the top 39.3%.
Is Hitit Bilgisayar Hizmetleri AS's Earnings Yield (Joel Greenblatt) % too high?
Hitit Bilgisayar Hizmetleri AS's current Earnings Yield (Joel Greenblatt) % of 4.37% is 82% above median its 10-year median of 2.40. Over the past 10 years, this metric has ranged from a low of 1.10 to a high of 4.51. The Software industry median Earnings Yield (Joel Greenblatt) % is 2.05. Hitit Bilgisayar Hizmetleri AS's value of 4.37% is 113.7% above this industry median. Based on the distribution chart, Hitit Bilgisayar Hizmetleri AS ranks #1143 out of 2910 companies in the Software industry, which is above the industry midpoint. Overall, Hitit Bilgisayar Hizmetleri AS has a GF Score™ of 86/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Hitit Bilgisayar Hizmetleri AS's Earnings Yield (Joel Greenblatt) % compare to QH and SHOP?
According to the Software industry distribution chart, Hitit Bilgisayar Hizmetleri AS ranks #1143 out of 2910 companies for Earnings Yield (Joel Greenblatt) %. This puts Hitit Bilgisayar Hizmetleri AS in the upper half of its industry. The industry median Earnings Yield (Joel Greenblatt) % is 2.05. Hitit Bilgisayar Hizmetleri AS's value of 4.37% is 113.7% above this benchmark. Historically, Hitit Bilgisayar Hizmetleri AS's own Earnings Yield (Joel Greenblatt) % has ranged from 1.10 to 4.51 over the past decade. While the company's 10-year median is 2.40 vs. the industry median of 2.05, Hitit Bilgisayar Hizmetleri AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Earnings Yield (Joel Greenblatt) % for a Software company?
The median Earnings Yield (Joel Greenblatt) % among Software companies is 2.05, based on 2,910 companies in the industry. Companies in the top quartile (top 25%) have a Earnings Yield (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, Earnings Yield (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Hitit Bilgisayar Hizmetleri AS's current Earnings Yield (Joel Greenblatt) % of 4.37% is 113.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Earnings Yield (Joel Greenblatt) % mean?
A high Earnings Yield (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's earnings yield equals the ratio of earnings before interest and taxes to enterprise value. View historical data on Hitit Bilgisayar Hizmetleri AS and its competitors. For the Software industry, the median Earnings Yield (Joel Greenblatt) % is 2.05 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hitit Bilgisayar Hizmetleri AS's current Earnings Yield (Joel Greenblatt) % is 4.37%, which is 82% above median its own 10-year median of 2.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hitit Bilgisayar Hizmetleri AS stock overvalued right now?
Based on GuruFocus' analysis, Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺86.62, compared to a current price of ₺36.44 — trading 57.9% below its estimated fair value. The current Earnings Yield (Joel Greenblatt) % is 4.37%, which is 82% above median its 10-year median of 2.40 and 113.7% above the Software industry median of 2.05. Hitit Bilgisayar Hizmetleri AS's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Earnings Yield (Joel Greenblatt) % calculated?
Earnings Yield (Joel Greenblatt) % is calculated from a company's financial statements. For Hitit Bilgisayar Hizmetleri AS (IST:HTTBT), the current Earnings Yield (Joel Greenblatt) % is 4.37% 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 Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Overvalued in 2026?

Based on GuruFocus' analysis, Hitit Bilgisayar Hizmetleri AS stock appears to be undervalued. The current stock price of ₺36.44 is trading 57.9% below its estimated GF Value™ of ₺86.62. GuruFocus considers Hitit Bilgisayar Hizmetleri AS to be Significantly Undervalued.

Key valuation signals for IST:HTTBT:

  • Earnings Yield (Joel Greenblatt) %: 4.37% (82% above median its 10-year median of 2.40)
  • GF Value™: ₺86.62 vs. price of ₺36.44 (57.9% below fair value)
  • GF Score™: 86/100 with 3 warning signs
  • Industry Position: 113.7% above the Software median (#1143 of 2910)

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


Hitit Bilgisayar Hizmetleri AS Business Description

Address Resitpasa Mah. Katar Cad. No: 4/1 Ari, Teknokent 2 Ic Kapi No: 601 34469, Maslak, Istanbul, TUR
Hitit Bilgisayar Hizmetleri AS develops software solutions for airlines, travel companies and airports, carry operations to provide these as a service, to host and to sell. The company operates in a single reporting unit that develop software solutions for the travel industry, especially for airlines, tour operators and airports, providing them as a service, additional development, maintenance and operating activities.
86GF Score

Get the complete analysis for IST:HTTBT

Earnings Yield (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺36.44
Price
₺86.62
GF Value