Ayen Enerji AS (IST:AYEN) EBIT: ₺1,440 Mil (TTM As of Mar. 2026)


IST:AYEN Ayen Enerji AS IST:AYEN
54 GF Score
Price ₺35.24
GF Value ₺23.24
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ayen Enerji AS EBIT?

Ayen Enerji AS IST:AYEN -1.62% 54 EBIT is ₺1,440 Mil as of Mar. 2026. GuruFocus rates IST:AYEN with a GF Score™ of 54/100 and a GF Value™ of ₺23.24 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Ayen Enerji AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₺496 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺1,440 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ayen Enerji AS's annualized ROC % for the quarter that ended in Mar. 2026 was 4.45%. Ayen Enerji AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ayen Enerji AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.48%.


Ayen Enerji AS  (IST:AYEN) EBIT Explanation

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

Ayen Enerji AS's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2875.648 * ( 1 - 56.94% )/( (27412.98 + 28187.422)/ 2 )
=1238.2540288/27800.201
=4.45 %

where

Invested Capital(Q: Dec. 2025 )
=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))
=26822.865 - 440.101 - ( 342.804 - max(0, 2671.935 - 1641.719+342.804))
=27412.98

Invested Capital(Q: Mar. 2026 )
=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))
=27913.531 - 226.998 - ( 634.503 - max(0, 2238.487 - 1737.598+634.503))
=28187.422

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Ayen Enerji AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1984.728/( ( (19389.019 + max(286.978, 0)) + (19998.561 + max(476.89, 0)) )/ 2 )
=1984.728/( ( 19675.997 + 20475.451 )/ 2 )
=1984.728/20075.724
=9.89 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(702.528 + 0 + 319.962) - (440.101 + 0 + 295.411)
=286.978

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(533.219 + 0 + 262.194) - (226.998 + 0 + 91.525)
=476.89

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=1440.053/16987.595
=8.48 %

* 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.


Ayen Enerji AS EBIT Related Terms


Ayen Enerji AS EBIT Historical Data

* Premium members only.

The historical data trend for Ayen Enerji 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.

Ayen Enerji AS EBIT Chart

Ayen Enerji AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 304.88 3,949.28 2,399.43 2,552.97 1,384.03

Ayen Enerji AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 484.30 523.93 33.21 386.73 496.18

Ayen Enerji AS EBIT Competitor Comparison

For the Utilities - Renewable subindustry, Ayen Enerji 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.


Ayen Enerji AS EV-to-EBIT vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ayen Enerji AS's EV-to-EBIT distribution charts can be found below:

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


IST:AYEN
54GF Score
Ayen Enerji AS IST:AYEN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ayen Enerji 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. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,440 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₺1,440 Mil mean?
Ayen Enerji AS (IST:AYEN) has a EBIT of ₺1,440 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ayen Enerji AS.
Is Ayen Enerji AS's EBIT too high?
Ayen Enerji AS's current EBIT is ₺1,440 Mil. Overall, Ayen Enerji AS has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ayen Enerji AS's EBIT compare to competitors?
Ayen Enerji AS's EBIT of ₺1,440 Mil can be compared against companies in the Utilities - Independent Power Producers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Utilities - Independent Power Producers company?
A good EBIT depends on the Utilities - Independent Power Producers industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ayen Enerji AS. Ayen Enerji AS's current EBIT is ₺1,440 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ayen Enerji AS stock overvalued right now?
Based on GuruFocus' analysis, Ayen Enerji AS (IST:AYEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺23.24, compared to a current price of ₺35.24 — trading 51.6% above its estimated fair value. The current EBIT is ₺1,440 Mil. Ayen Enerji AS's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Ayen Enerji AS (IST:AYEN), the current EBIT is ₺1,440 Mil 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 Ayen Enerji AS (IST:AYEN) Overvalued in 2026?

Based on GuruFocus' analysis, Ayen Enerji AS stock appears to be overvalued. The current stock price of ₺35.24 is trading 51.6% above its estimated GF Value™ of ₺23.24. GuruFocus considers Ayen Enerji AS to be Significantly Overvalued.

Key valuation signals for IST:AYEN:

  • EBIT: ₺1,440 Mil
  • GF Value™: ₺23.24 vs. price of ₺35.24 (51.6% above fair value)
  • GF Score™: 54/100 with 6 warning signs

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


Ayen Enerji AS Business Description

Address Hulya Sokak No: 37, Gaziosmanpasa, Ankara, TUR, 06700
Ayen Enerji AS is a Turkey-based company engaged in the generation, transmission, distribution, and trading of electricity. The company's geographical segment includes Turkey and Abroad. It generates maximum revenue from Abroad. The company generates the majority of its energy from Hydro plants. The companies located in abroad operate in Albania, Serbia, and Slovenia.
54GF Score

Get the complete analysis for IST:AYEN

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺35.24
Price
₺23.24
GF Value