Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) EBIT: ₺2,470 Mil (TTM As of Jun. 2026)

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Ayes Akdeniz Yapi Elemanlari Sanayi ve Ticaret AS IST:AYES

57 GF Score

Price ₺30.66

GF Value ₺13.42

Valuation Significantly Overvalued

8 Warning Signs

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What is Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS EBIT?

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS IST:AYES -1.48% 57 EBIT is ₺2,470 Mil as of Jun. 2026. GuruFocus rates IST:AYES with a GF Score™ of 57/100 and a GF Value™ of ₺13.42 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's earnings before interest and taxes (EBIT) for the six months ended in Jun. 2026 was ₺1,332 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was ₺2,470 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's annualized ROC % for the quarter that ended in Jun. 2026 was 1.34%. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 64.23%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 46.48%.

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Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) EBIT Explanation

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

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

	ROC % (Q: Jun. 2026 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2025 )	+	Invested Capital (Q: Jun. 2026 ))	/ count )
=	105.414 * ( 1 - 36.23% )	/	( (4520.427	+	5522.974)	/ 2 )
=	67.2225078	/	5021.7005
=	1.34 %

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	))
=	5758.872	-	304.25	-	( 1085.395	-	max(0, 2615.084	-	3549.279	+	1085.395	))
=	4520.427

	Invested Capital		(Q: Jun. 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	))
=	8008.879	-	1062.05	-	( 1423.855	-	max(0, 3269.43	-	4978.557	+	1423.855	))
=	5522.974

Note: The Operating Income data used here is two times the semi-annual (Jun. 2026) data.

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

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Jun. 2026 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2025		Q: Jun. 2026
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	2663.09	/	( ( (2081.085 + max(1412.714, 0))	+	(2693.148 + max(2105.792, 0)) )	/	2 )
=	2663.09	/	( ( 3493.799	+	4798.94 )	/	2 )
=	2663.09	/	4146.3695
=	64.23 %

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)
=	(1259.815	+	427.925	+	756.047)	-	(304.25	+	0	+	726.823)
=	1412.714

	Working Capital		(Q: Jun. 2026 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1622.977	+	751.06	+	1154.947)	-	(1062.05	+	0	+	361.142)
=	2105.792

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Jun. 2026) EBIT data.

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

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Jun. 2026 )
	=	2470.362	/	5314.364
	=	46.48 %

* 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.

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS EBIT Related Terms

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS EBIT Historical Data

* Premium members only.

The historical data trend for Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's EBIT can be seen below:

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS EBIT Chart

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Dec25

EBIT

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60.99

185.32

366.38

526.93

1,210.17

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Semi-Annual Data
	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24	Jun25	Dec25	Jun26
EBIT	Get a 7-Day Free Trial															214.94	311.99	71.35	1,138.82	1,331.55

IST:AYES vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret 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.

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's EV-to-EBIT falls into.

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57GF Score

Ayes Akdeniz Yapi Elemanlari Sanayi ve Ticaret AS IST:AYES

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Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret 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 Jun. 2026 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₺2,470 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of ₺2,470 Mil mean?

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) has a EBIT of ₺2,470 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS.

Is Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's EBIT too high?

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's current EBIT is ₺2,470 Mil. Overall, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's EBIT compare to NUE and STLD?

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's EBIT of ₺2,470 Mil can be compared against companies in the Steel 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 a Steel company?

A good EBIT depends on the Steel 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 Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's current EBIT is ₺2,470 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS stock overvalued right now?

Based on GuruFocus' analysis, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺13.42, compared to a current price of ₺30.66 — trading 128.5% above its estimated fair value. The current EBIT is ₺2,470 Mil. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's overall GF Score™ is 57/100 with 8 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 Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES), the current EBIT is ₺2,470 Mil as of Jun. 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 Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) Overvalued in 2026?

Based on GuruFocus' analysis, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺30.66 is trading 128.5% above its estimated GF Value™ of ₺13.42. GuruFocus considers Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:AYES:

EBIT: ₺2,470 Mil
GF Value™: ₺13.42 vs. price of ₺30.66 (128.5% above fair value)
GF Score™: 57/100 with 8 warning signs

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

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