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Avrupa Yatirim Holding AS (IST:AVHOL) EBIT : ₺112.6 Mil (TTM As of Mar. 2024)


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What is Avrupa Yatirim Holding AS EBIT?

Avrupa Yatirim Holding AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₺82.8 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₺112.6 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Avrupa Yatirim Holding AS's annualized ROC % for the quarter that ended in Mar. 2024 was 14.59%. Avrupa Yatirim Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 195.11%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Avrupa Yatirim Holding AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.32%.


Avrupa Yatirim Holding AS EBIT Historical Data

The historical data trend for Avrupa Yatirim Holding 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.

Avrupa Yatirim Holding AS EBIT Chart

Avrupa Yatirim Holding AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.46 3.01 5.40 -30.31 50.09

Avrupa Yatirim Holding AS Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT 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 70.68 11.57 28.62 -10.40 82.84

Competitive Comparison of Avrupa Yatirim Holding AS's EBIT

For the Asset Management subindustry, Avrupa Yatirim Holding 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.


Avrupa Yatirim Holding AS's EV-to-EBIT Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Avrupa Yatirim Holding AS's EV-to-EBIT distribution charts can be found below:

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



Avrupa Yatirim Holding 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺112.6 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.


Avrupa Yatirim Holding AS  (IST:AVHOL) EBIT Explanation

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

Avrupa Yatirim Holding AS's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=97.152 * ( 1 - 33.33% )/( (394.056 + 493.944)/ 2 )
=64.7712384/444
=14.59 %

where

Invested Capital(Q: Dec. 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))
=507.658 - 101.295 - ( 12.307 - max(0, 108.496 - 173.651+12.307))
=394.056

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

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

Avrupa Yatirim Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=331.344/( ( (103.478 + max(55.008, 0)) + (103.636 + max(77.527, 0)) )/ 2 )
=331.344/( ( 158.486 + 181.163 )/ 2 )
=331.344/169.8245
=195.11 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(129.076 + 9.412 + 20.01) - (101.295 + 0 + 2.195)
=55.008

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(166.166 + 22.791 + 19.679) - (127.454 + 0 + 3.655)
=77.527

When net working capital is negative, 0 is used.

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

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=112.622/1353.249
=8.32 %

* 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.


Avrupa Yatirim Holding AS EBIT Related Terms

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Avrupa Yatirim Holding AS Business Description

Traded in Other Exchanges
N/A
Address
Merkez Mah. Ays?l Sok. No: 60, Arnavutkoy, Istanbul, TUR
Avrupa Yatirim Holding AS is an investment company. The company invests in strategic sectors such as health, energy, construction, and software. Its current investment are in the health and insurance sectors.

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