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Birikim Varlik Yonetim AS (IST:BRKVY) EBIT : ₺582 Mil (TTM As of Sep. 2024)


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What is Birikim Varlik Yonetim AS EBIT?

Birikim Varlik Yonetim AS's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2024 was ₺181 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2024 was ₺582 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Birikim Varlik Yonetim AS's annualized ROC % for the quarter that ended in Sep. 2024 was 32.07%. Birikim Varlik Yonetim AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 218.94%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Birikim Varlik Yonetim AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2024 was 16.14%.


Birikim Varlik Yonetim AS EBIT Historical Data

The historical data trend for Birikim Varlik Yonetim 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.

Birikim Varlik Yonetim AS EBIT Chart

Birikim Varlik Yonetim AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
52.40 33.66 210.71 224.60 476.87

Birikim Varlik Yonetim AS Quarterly Data
Dec19 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 174.18 87.98 231.29 81.84 180.97

Competitive Comparison of Birikim Varlik Yonetim AS's EBIT

For the Asset Management subindustry, Birikim Varlik Yonetim 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.


Birikim Varlik Yonetim AS's EV-to-EBIT Distribution in the Asset Management Industry

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

* The bar in red indicates where Birikim Varlik Yonetim AS's EV-to-EBIT falls into.



Birikim Varlik Yonetim 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺582 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.


Birikim Varlik Yonetim AS  (IST:BRKVY) EBIT Explanation

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

Birikim Varlik Yonetim AS's annualized ROC % for the quarter that ended in Sep. 2024 is calculated as:

ROC % (Q: Sep. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Jun. 2024 ) + Invested Capital (Q: Sep. 2024 ))/ count )
=692.816 * ( 1 - 30.23% )/( (1380.644 + 1633.513)/ 2 )
=483.3777232/1507.0785
=32.07 %

where

Invested Capital(Q: Jun. 2024 )
=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))
=1450.547 - 18.196 - ( 51.707 - max(0, 352.854 - 1127.957+51.707))
=1380.644

Invested Capital(Q: Sep. 2024 )
=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))
=1688.001 - 22.384 - ( 32.104 - max(0, 451.746 - 1367.152+32.104))
=1633.513

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

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

Birikim Varlik Yonetim AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Jun. 2024  Q: Sep. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=723.896/( ( (317.67 + max(-15.159, 0)) + (315.037 + max(28.568, 0)) )/ 2 )
=723.896/( ( 317.67 + 343.605 )/ 2 )
=723.896/330.6375
=218.94 %

where Working Capital is:

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 39.091) - (18.196 + 0 + 36.054)
=-15.159

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(0 + 0 + 99.987) - (22.384 + 0 + 49.035)
=28.568

When net working capital is negative, 0 is used.

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

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

Birikim Varlik Yonetim AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2024 )
=582.081/3607.423
=16.14 %

* 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.


Birikim Varlik Yonetim AS EBIT Related Terms

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Birikim Varlik Yonetim AS Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Buyukdere Caddesi, Ozsezen Business Center, A Blok No. 122 Floor No. 5 Esentepe, Sisli, Istanbul, TUR
Birikim Varlik Yonetim AS operates as a asset management company.

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