GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Cimsa Cimento Sanayi Ve Ticaret AS (IST:CIMSA) » Definitions » EBIT

Cimsa Cimentonayi Ve Ticaret AS (IST:CIMSA) EBIT : ₺4,090 Mil (TTM As of Dec. 2023)


View and export this data going back to 1986. Start your Free Trial

What is Cimsa Cimentonayi Ve Ticaret AS EBIT?

Cimsa Cimentonayi Ve Ticaret AS's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₺1,191 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₺4,090 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cimsa Cimentonayi Ve Ticaret AS's annualized ROC % for the quarter that ended in Dec. 2023 was 14.74%. Cimsa Cimentonayi Ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 41.12%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cimsa Cimentonayi Ve Ticaret AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.94%.


Cimsa Cimentonayi Ve Ticaret AS EBIT Historical Data

The historical data trend for Cimsa Cimentonayi Ve Ticaret 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.

Cimsa Cimentonayi Ve Ticaret AS EBIT Chart

Cimsa Cimentonayi Ve Ticaret AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 166.08 365.80 766.80 4,091.03 4,090.35

Cimsa Cimentonayi Ve Ticaret AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,095.66 376.78 1,337.62 1,184.59 1,191.37

Competitive Comparison of Cimsa Cimentonayi Ve Ticaret AS's EBIT

For the Building Materials subindustry, Cimsa Cimentonayi 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.


Cimsa Cimentonayi Ve Ticaret AS's EV-to-EBIT Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cimsa Cimentonayi Ve Ticaret AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cimsa Cimentonayi Ve Ticaret AS's EV-to-EBIT falls into.



Cimsa Cimentonayi 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺4,090 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.


Cimsa Cimentonayi Ve Ticaret AS  (IST:CIMSA) EBIT Explanation

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

Cimsa Cimentonayi Ve Ticaret 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: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=2592.412 * ( 1 - -21.3% )/( (10938.05 + 31728.482)/ 2 )
=3144.595756/21333.266
=14.74 %

where

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))
=14969.594 - 1528.389 - ( 2503.155 - max(0, 4442.679 - 7249.367+2503.155))
=10938.05

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))
=38386.122 - 3448.323 - ( 6306.682 - max(0, 8876.822 - 12086.139+6306.682))
=31728.482

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

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

Cimsa Cimentonayi Ve Ticaret 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: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4765.476/( ( (2806.587 + max(2592.677, 0)) + (17288.527 + max(488.883, 0)) )/ 2 )
=4765.476/( ( 5399.264 + 17777.41 )/ 2 )
=4765.476/11588.337
=41.12 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3007.853 + 1476.745 + 260.255) - (1528.389 + 0 + 623.787)
=2592.677

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2344.57 + 2861.185 + 551.921) - (3448.323 + 0 + 1820.47)
=488.883

When net working capital is negative, 0 is used.

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

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

Cimsa Cimentonayi Ve Ticaret AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=4090.355/31615.477
=12.94 %

* 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.


Cimsa Cimentonayi Ve Ticaret AS EBIT Related Terms

Thank you for viewing the detailed overview of Cimsa Cimentonayi Ve Ticaret AS's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Cimsa Cimentonayi Ve Ticaret AS (IST:CIMSA) Business Description

Traded in Other Exchanges
N/A
Address
Kayisdagi Cad. No: 1 Kat: 23-24, Allianz Tower Kucukbakkalkoy Mah., Istanbul, TUR, 34750
Cimsa Cimento Sanayi Ve Ticaret AS is a building materials company that manufactures and distributes various types of cement. Cimsa's product offerings include specialty cement, such as white cement and calculate aluminate cement and regular grey cement. Beyond the company's primary cement segment, Cimsa produces ready-mixed concrete and the company operates its distribution system. It generates the majority of its revenue from the Cement segment. The company is based in Turkey but maintains factories and operations across Europe.

Cimsa Cimentonayi Ve Ticaret AS (IST:CIMSA) Headlines

No Headlines