Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) EBIT: ₺2,062 Mil (TTM As of Mar. 2026)


IST:CMENT Cimentas Izmir Cimento Fabrikasi Turk AS IST:CMENT
59 GF Score
Price ₺286.00
GF Value ₺379.38
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Cimentas Izmir Cimento Fabrikasi Turk AS EBIT?

Cimentas Izmir Cimento Fabrikasi Turk AS IST:CMENT +2.33% 59 EBIT is ₺2,062 Mil as of Mar. 2026. GuruFocus rates IST:CMENT with a GF Score™ of 59/100 and a GF Value™ of ₺379.38 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Cimentas Izmir Cimento Fabrikasi Turk AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₺-761 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺2,062 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cimentas Izmir Cimento Fabrikasi Turk AS's annualized ROC % for the quarter that ended in Mar. 2026 was -9.14%. Cimentas Izmir Cimento Fabrikasi Turk AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -31.07%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cimentas Izmir Cimento Fabrikasi Turk AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.37%.

Cimentas Izmir Cimento Fabrikasi Turk AS  (IST:CMENT) EBIT Explanation

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

Cimentas Izmir Cimento Fabrikasi Turk AS's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=-2017.512 * ( 1 - 0% )/( (20142.82 + 23995.404)/ 2 )
=-2017.512/22069.112
=-9.14 %

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))
=28008.51 - 3933.801 - ( 3931.889 - max(0, 5000.029 - 9875.467+3931.889))
=20142.82

Invested Capital(Q: Mar. 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))
=28486.572 - 2606.608 - ( 1884.56 - max(0, 3971.954 - 8285.873+1884.56))
=23995.404

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

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

Cimentas Izmir Cimento Fabrikasi Turk AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-3044.02/( ( (7449.109 + max(1057.467, 0)) + (8521.985 + max(2566.33, 0)) )/ 2 )
=-3044.02/( ( 8506.576 + 11088.315 )/ 2 )
=-3044.02/9797.4455
=-31.07 %

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)
=(3525.392 + 1350.892 + 1031.791) - (3933.801 + 0 + 916.807)
=1057.467

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3467.868 + 2095.372 + 738.268) - (2606.608 + 0 + 1128.57)
=2566.33

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

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

Cimentas Izmir Cimento Fabrikasi Turk AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=2061.716/27986.206
=7.37 %

* 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.

Cimentas Izmir Cimento Fabrikasi Turk AS EBIT Related Terms

Cimentas Izmir Cimento Fabrikasi Turk AS EBIT Historical Data

* Premium members only.

The historical data trend for Cimentas Izmir Cimento Fabrikasi Turk 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.

Cimentas Izmir Cimento Fabrikasi Turk AS EBIT Chart

Cimentas Izmir Cimento Fabrikasi Turk AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 226.41 666.86 1,809.51 2,880.49 2,758.52

Cimentas Izmir Cimento Fabrikasi Turk AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -116.13 500.66 760.19 1,561.88 -761.01

IST:CMENT vs CRH, VMC, MLM: EBIT Comparison

For the Building Materials subindustry, Cimentas Izmir Cimento Fabrikasi Turk 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.

Cimentas Izmir Cimento Fabrikasi Turk AS EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Cimentas Izmir Cimento Fabrikasi Turk AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cimentas Izmir Cimento Fabrikasi Turk AS's EV-to-EBIT falls into.


IST:CMENT
59GF Score
Cimentas Izmir Cimento Fabrikasi Turk AS IST:CMENT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Cimentas Izmir Cimento Fabrikasi Turk 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺2,062 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of ₺2,062 Mil mean?
Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) has a EBIT of ₺2,062 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cimentas Izmir Cimento Fabrikasi Turk AS.
Is Cimentas Izmir Cimento Fabrikasi Turk AS's EBIT too high?
Cimentas Izmir Cimento Fabrikasi Turk AS's current EBIT is ₺2,062 Mil. Overall, Cimentas Izmir Cimento Fabrikasi Turk AS has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cimentas Izmir Cimento Fabrikasi Turk AS's EBIT compare to CRH and VMC?
Cimentas Izmir Cimento Fabrikasi Turk AS's EBIT of ₺2,062 Mil can be compared against companies in the Building Materials 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 Building Materials company?
A good EBIT depends on the Building Materials 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 Cimentas Izmir Cimento Fabrikasi Turk AS. Cimentas Izmir Cimento Fabrikasi Turk AS's current EBIT is ₺2,062 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cimentas Izmir Cimento Fabrikasi Turk AS stock overvalued right now?
Based on GuruFocus' analysis, Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺379.38, compared to a current price of ₺286.00 — trading 24.6% below its estimated fair value. The current EBIT is ₺2,062 Mil. Cimentas Izmir Cimento Fabrikasi Turk AS's overall GF Score™ is 59/100 with 2 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 Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT), the current EBIT is ₺2,062 Mil as of Mar. 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 Cimentas Izmir Cimento Fabrikasi Turk AS (IST:CMENT) Overvalued in 2026?

Based on GuruFocus' analysis, Cimentas Izmir Cimento Fabrikasi Turk AS stock appears to be undervalued. The current stock price of ₺286.00 is trading 24.6% below its estimated GF Value™ of ₺379.38. GuruFocus considers Cimentas Izmir Cimento Fabrikasi Turk AS to be Modestly Undervalued.

Key valuation signals for IST:CMENT:

  • EBIT: ₺2,062 Mil
  • GF Value™: ₺379.38 vs. price of ₺286.00 (24.6% below fair value)
  • GF Score™: 59/100 with 2 warning signs

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

Cimentas Izmir Cimento Fabrikasi Turk AS Business Description

Address Egemenlik Mah, Eski Kemalpasa, Caddesi No: 4B, Isikkent Bornova, Izmir, TUR, 35070
Cimentas Izmir Cimento Fabrikasi Turk AS is specialized in the production and distribution of grey and white cement, ready-mixed concrete, aggregates and concrete products. It is also active in the management of urban and industrial waste. It's main segments are cement, aggregate, ready-mixed concrete and waste management. It obtains revenue from the sale of ready-mixed concrete and bulk and bagged cement. Cimentas Izmir Cimento Fabrikasi Turk AS is now present in 18 countries across 5 continents.
59GF Score

Get the complete analysis for IST:CMENT

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺286.00
Price
₺379.38
GF Value