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Artemis Hali AS (IST:ARTMS) EBIT : ₺287.0 Mil (TTM As of Dec. 2024)


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What is Artemis Hali AS EBIT?

Artemis Hali AS's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₺168.1 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₺287.0 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Artemis Hali AS's annualized ROC % for the quarter that ended in Dec. 2024 was 35.87%. Artemis Hali AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 42.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Artemis Hali AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 15.06%.


Artemis Hali AS EBIT Historical Data

The historical data trend for Artemis Hali 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.

* Premium members only.

Artemis Hali AS EBIT Chart

Artemis Hali AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
50.06 38.09 102.52 157.68 382.46

Artemis Hali AS Quarterly Data
Dec20 Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24 Sep24 Dec24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.56 34.64 40.04 78.84 168.13

Competitive Comparison of Artemis Hali AS's EBIT

For the Textile Manufacturing subindustry, Artemis Hali 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.


Artemis Hali AS's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Artemis Hali AS's EV-to-EBIT distribution charts can be found below:

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


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Artemis Hali 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺287.0 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.


Artemis Hali AS  (IST:ARTMS) EBIT Explanation

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

Artemis Hali AS's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=744.652 * ( 1 - 21.16% )/( (1573.164 + 1700.278)/ 2 )
=587.0836368/1636.721
=35.87 %

where

Invested Capital(Q: Sep. 2024 )
=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))
=1980.046 - 192.166 - ( 214.716 - max(0, 383.71 - 1418.625+214.716))
=1573.164

Invested Capital(Q: Dec. 2024 )
=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))
=2024.262 - 180.583 - ( 143.401 - max(0, 234.877 - 1404.642+143.401))
=1700.278

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

Artemis Hali AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=672.528/( ( (547.113 + max(918.98, 0)) + (603.023 + max(1066.636, 0)) )/ 2 )
=672.528/( ( 1466.093 + 1669.659 )/ 2 )
=672.528/1567.876
=42.89 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(335.73 + 602.666 + 236.444) - (192.166 + 0 + 63.694)
=918.98

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(598.262 + 604.737 + 49.685) - (180.583 + 0 + 5.465)
=1066.636

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=287.008/1905.730
=15.06 %

* 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.


Artemis Hali AS EBIT Related Terms

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Artemis Hali AS Business Description

Traded in Other Exchanges
N/A
Address
Balmumcu District Itri Street No:8/1, Turkey, TUR
Artemis Hali AS is a company whose business activity is manufacturing, importing, exporting, buying-selling and marketing all kinds of handmade carpets and machine-made carpets, runners, prayer rugs, rugs, blankets and textile products.

Artemis Hali AS Headlines

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