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Aksigorta AS (IST:AKGRT) EBIT : ₺0 Mil (TTM As of Sep. 2024)


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What is Aksigorta AS EBIT?

Aksigorta AS's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₺0 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₺0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aksigorta AS's annualized ROC % for the quarter that ended in Sep. 2024 was 0.00%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aksigorta AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 0.00%.


Aksigorta AS EBIT Historical Data

The historical data trend for Aksigorta AS'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.

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Aksigorta AS EBIT Chart

Aksigorta AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
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Aksigorta AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of Aksigorta AS's EBIT

For the Insurance - Diversified subindustry, Aksigorta AS'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.


Aksigorta AS's EV-to-EBIT Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Aksigorta AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Aksigorta AS's EV-to-EBIT falls into.


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Aksigorta AS 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺0 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.


Aksigorta AS  (IST:AKGRT) EBIT Explanation

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

Aksigorta AS's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=EBIT * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=0 * ( 1 - 4.6% )/( (10868.71315 + 11447.30785)/ 2 )
=0/11158.0105
=0.00 %

where

Invested Capital(Q: Jun. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=24119.773 - 5664 - ( 7814.9 - 5% * 4556.803 )
=10868.71315

Invested Capital(Q: Sep. 2024 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Balance Sheet Cash And Cash Equivalents - 5% * Revenue )
=24721.004 - 5870.136 - ( 7639.441 - 5% * 4717.617 )
=11447.30785

Note: The EBIT data used here is four times the quarterly (Sep. 2024) data.

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

ROC (Joel Greenblatt) % does not apply to banks and insurance companies.

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

Aksigorta AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=0/3369.074
=0.00 %

* 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.


Aksigorta AS EBIT Related Terms

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Aksigorta AS Business Description

Traded in Other Exchanges
N/A
Address
Poligon Avenue Buyaka 2 Site, No 8, Tower 1, Flat 0-6, Istanbul, TUR, 34471
Aksigorta AS is a Turkey-based general insurance company. Its main operations include insurance activities based on non-life insurance branches, including fire, marine, personal accident, engineering, agriculture and health insurance coverage policies. Aksigorta, renders service to retail and corporate customers all over Turkey with more than 10 regional headquarters, over 3,000 independent agencies, approx 782 Akbank branches, approx 69 brokers and approx 5,736 contracted institutions. It also offers its services online through its Aksigorta Service Centre.

Aksigorta AS Headlines

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