Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) EBIT: ₺-2,016 Mil (TTM As of Dec. 2023)

What is Bagfas Bandirma Gubre Fabrikalari AS EBIT?

Bagfas Bandirma Gubre Fabrikalari AS IST:BAGFS -1.90% 5 EBIT is ₺-2,016 Mil as of Dec. 2023. GuruFocus rates IST:BAGFS with a GF Score™ of 5/100.

Bagfas Bandirma Gubre Fabrikalari AS's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2023 was ₺-2,016 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-2,016 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bagfas Bandirma Gubre Fabrikalari AS's annualized ROC % for the quarter that ended in Dec. 2023 was -7.82%. Bagfas Bandirma Gubre Fabrikalari AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -27.24%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Bagfas Bandirma Gubre Fabrikalari AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was -36.62%.

Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) EBIT Explanation

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

Bagfas Bandirma Gubre Fabrikalari AS's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

	ROC % (Q: Dec. 2023 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Dec. 2022 )	+	Invested Capital (Q: Dec. 2023 ))	/ count )
=	-994.469 * ( 1 - 30.38% )	/	( (9507.077	+	8210.267)	/ 2 )
=	-692.3493178	/	8858.672
=	-7.82 %

where

	Invested Capital		(Q: Dec. 2022 )
=	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	))
=	10960.92	-	380.546	-	( 1073.297	-	max(0, 2380.862	-	3874.255	+	1073.297	))
=	9507.077

	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	))
=	9063.177	-	262.158	-	( 1073.32	-	max(0, 2211.022	-	2801.774	+	1073.32	))
=	8210.267

Note: The Operating Income data used here is one times the annual (Dec. 2023) data.

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

Bagfas Bandirma Gubre Fabrikalari AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2023 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Dec. 2022		Q: Dec. 2023
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	-2016.317	/	( ( (5730.118 + max(2318.901, 0))	+	(5434.409 + max(1320.273, 0)) )	/	2 )
=	-2016.317	/	( ( 8049.019	+	6754.682 )	/	2 )
=	-2016.317	/	7401.8505
=	-27.24 %

where Working Capital is:

	Working Capital		(Q: Dec. 2022 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(3.181	+	2649.967	+	147.7)	-	(380.546	+	0	+	101.401)
=	2318.901

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(0.394	+	1262.356	+	465.055)	-	(262.158	+	0	+	145.374)
=	1320.273

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2023) EBIT data.

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

Bagfas Bandirma Gubre Fabrikalari AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	-2016.317	/	5506.254
	=	-36.62 %

* 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.

Bagfas Bandirma Gubre Fabrikalari AS EBIT Related Terms

Bagfas Bandirma Gubre Fabrikalari AS EBIT Historical Data

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The historical data trend for Bagfas Bandirma Gubre Fabrikalari AS's EBIT can be seen below:

Bagfas Bandirma Gubre Fabrikalari AS EBIT Chart

Bagfas Bandirma Gubre Fabrikalari AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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44.51

-68.30

82.10

699.60

-2,016.32

Bagfas Bandirma Gubre Fabrikalari AS Semi-Annual Data
	Dec06	Dec07	Dec08	Dec09	Dec10	Dec11	Dec12	Dec13	Dec14	Dec15	Dec16	Dec17	Dec18	Dec19	Dec20	Dec21	Dec22	Dec23
EBIT	Get a 7-Day Free Trial													44.51	-68.30	82.10	699.60	-2,016.32

IST:BAGFS vs CTVA, CF, MOS: EBIT Comparison

For the Agricultural Inputs subindustry, Bagfas Bandirma Gubre Fabrikalari 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.

Bagfas Bandirma Gubre Fabrikalari AS EV-to-EBIT vs Agriculture Industry

For the Agriculture industry and Basic Materials sector, Bagfas Bandirma Gubre Fabrikalari AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Bagfas Bandirma Gubre Fabrikalari AS's EV-to-EBIT falls into.

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Bagfas Bandirma Gubre Fabrikalari AS IST:BAGFS

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Bagfas Bandirma Gubre Fabrikalari 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2023 was ₺-2,016 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of ₺-2,016 Mil mean?

Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) has a EBIT of ₺-2,016 Mil as of Dec. 2023. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Bagfas Bandirma Gubre Fabrikalari AS.

Is Bagfas Bandirma Gubre Fabrikalari AS's EBIT too high?

Bagfas Bandirma Gubre Fabrikalari AS's current EBIT is ₺-2,016 Mil. Overall, Bagfas Bandirma Gubre Fabrikalari AS has a GF Score™ of 5/100, reflecting its overall financial health beyond just this single metric.

How does Bagfas Bandirma Gubre Fabrikalari AS's EBIT compare to CTVA and CF?

Bagfas Bandirma Gubre Fabrikalari AS's EBIT of ₺-2,016 Mil can be compared against companies in the Agriculture 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 Agriculture company?

A good EBIT depends on the Agriculture 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 Bagfas Bandirma Gubre Fabrikalari AS. Bagfas Bandirma Gubre Fabrikalari AS's current EBIT is ₺-2,016 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Bagfas Bandirma Gubre Fabrikalari AS stock overvalued right now?

Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS) has a current EBIT of ₺-2,016 Mil. The current EBIT is ₺-2,016 Mil. Bagfas Bandirma Gubre Fabrikalari AS's overall GF Score™ is 5/100. 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 Bagfas Bandirma Gubre Fabrikalari AS (IST:BAGFS), the current EBIT is ₺-2,016 Mil as of Dec. 2023. 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.

Bagfas Bandirma Gubre Fabrikalari AS Business Description

Industry Basic Materials Agriculture

Comparable Companies CTVA TSX:NTR DSMD:IQCD SAU:2020 SZSE:000792 CF MOS OSL:YAR AMM:JOPH XTAE:ICL BOM:506395 SHSE:600096 BOM:590024 NSE:UPL NSE:PIIND ADX:FERTIGLB FMC SZSE:000893 SHSE:600486 AMM:APOT

Address Susam Street No. 2, Kylycali Paya Neighborhood, Istanbul, TUR

Website https://www.bagfas.com.tr

Bagfas Bandirma Gubre Fabrikalari AS is a Turkey-based company involved in the business of chemical fertilizers and acids. The product portfolio of the company includes Super Granule CAN, Sulphur Composite Fertilizer, Sulphur Zinc Composite Fertilizer, Special Formulations, Phosphoric Acid, and Other specialty products.

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