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Borlease Otomotiv AS (IST:BORLS) EBIT : ₺490 Mil (TTM As of Sep. 2023)


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What is Borlease Otomotiv AS EBIT?

Borlease Otomotiv AS's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2023 was ₺239 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2023 was ₺490 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Borlease Otomotiv AS's annualized ROC % for the quarter that ended in Sep. 2023 was 35.45%. Borlease Otomotiv AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 38.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Borlease Otomotiv AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2023 was 6.27%.

Borlease Otomotiv AS EBIT Historical Data

The historical data trend for Borlease Otomotiv 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.

Borlease Otomotiv AS EBIT Chart

Borlease Otomotiv AS Annual Data
Trend Dec20 Dec21 Dec22
EBIT
143.44 205.06 715.03

Borlease Otomotiv AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23
EBIT Get a 7-Day Free Trial - 206.05 250.14 - 239.39

Competitive Comparison of Borlease Otomotiv AS's EBIT

For the Rental & Leasing Services subindustry, Borlease Otomotiv 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.

Borlease Otomotiv AS's EV-to-EBIT Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Borlease Otomotiv AS's EV-to-EBIT distribution charts can be found below:

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


Borlease Otomotiv 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 Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺490 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.

Borlease Otomotiv AS  (IST:BORLS) EBIT Explanation

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

Borlease Otomotiv AS's annualized ROC % for the quarter that ended in Sep. 2023 is calculated as:

ROC % (Q: Sep. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2023 ) + Invested Capital (Q: Sep. 2023 ))/ count )
=954.728 * ( 1 - -59.29% )/( (3834.011 + 4745.39)/ 2 )
=1520.7862312/4289.7005
=35.45 %

where

Invested Capital(Q: Jun. 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))
=3280.931 - 263.811 - ( 46.879 - max(0, 1679.971 - 863.08+46.879))
=3834.011

Invested Capital(Q: Sep. 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))
=3981.546 - 413.135 - ( 117.289 - max(0, 2229.875 - 1052.896+117.289))
=4745.39

Note: The Operating Income data used here is four times the quarterly (Sep. 2023) data.

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

Borlease Otomotiv AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2023  Q: Sep. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=957.544/( ( (2243.978 + max(-121.433, 0)) + (2703.74 + max(-159.395, 0)) )/ 2 )
=957.544/( ( 2243.978 + 2703.74 )/ 2 )
=957.544/2473.859
=38.71 %

where Working Capital is:

Working Capital(Q: Jun. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(126.218 + 2.107 + 276.444) - (263.811 + 0 + 262.391)
=-121.433

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(195.963 + 24.712 + 293.027) - (413.135 + 0 + 259.962)
=-159.395

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2023 )
=489.521/7805.793
=6.27 %

* 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.

Borlease Otomotiv AS EBIT Related Terms

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Borlease Otomotiv AS (IST:BORLS) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Borlease Otomotiv AS (IST:BORLS) » Definitions » EBIT
Comparable Companies
Traded in Other Exchanges
N/A
Address
Saray Mahallesi, Dr. Adnan Büyükdeniz Cad. 2 Blok, No: 4 Ic Kap? No: 28 Umraniye, Istanbul, TUR
Website
https://www.borlease.com.tr
Borlease Otomotiv AS is a company whose main activity is is to rent all kinds of motorized and non-motorized land vehicles, whether it is owned or otherwise obtained from third parties and institutions. The Company primarily provides operational fleet rental services for all brands of passenger vehicles.

Borlease Otomotiv AS (IST:BORLS) Headlines

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