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Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) EBIT : ₺149 Mil (TTM As of Dec. 2023)


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What is Dofer Yapi Malzemelerinayi ve Ticaret AS EBIT?

Dofer Yapi Malzemelerinayi ve Ticaret AS's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₺103 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₺149 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Dofer Yapi Malzemelerinayi ve Ticaret AS's annualized ROC % for the quarter that ended in Dec. 2023 was 8.22%. Dofer Yapi Malzemelerinayi ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 84.92%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Dofer Yapi Malzemelerinayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 5.71%.


Dofer Yapi Malzemelerinayi ve Ticaret AS EBIT Historical Data

The historical data trend for Dofer Yapi Malzemelerinayi 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.

Dofer Yapi Malzemelerinayi ve Ticaret AS EBIT Chart

Dofer Yapi Malzemelerinayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
18.23 28.24 101.06 194.81

Dofer Yapi Malzemelerinayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial 10.73 33.49 - 45.25 103.45

Competitive Comparison of Dofer Yapi Malzemelerinayi ve Ticaret AS's EBIT

For the Steel subindustry, Dofer Yapi Malzemelerinayi 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.


Dofer Yapi Malzemelerinayi ve Ticaret AS's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Dofer Yapi Malzemelerinayi ve Ticaret AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Dofer Yapi Malzemelerinayi ve Ticaret AS's EV-to-EBIT falls into.



Dofer Yapi Malzemelerinayi 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 ₺149 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.


Dofer Yapi Malzemelerinayi ve Ticaret AS  (IST:DOFER) EBIT Explanation

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

Dofer Yapi Malzemelerinayi 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 )
=56.168 * ( 1 - -16.54% )/( (735.315 + 857.576)/ 2 )
=65.4581872/796.4455
=8.22 %

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))
=1072.499 - 263.703 - ( 209.24 - max(0, 708.837 - 782.318+209.24))
=735.315

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))
=1226.522 - 140.255 - ( 228.691 - max(0, 368.592 - 728.248+228.691))
=857.576

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

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

Dofer Yapi Malzemelerinayi 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 )
=413.812/( ( (288.433 + max(-35.054, 0)) + (497.114 + max(189.042, 0)) )/ 2 )
=413.812/( ( 288.433 + 686.156 )/ 2 )
=413.812/487.2945
=84.92 %

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)
=(60.576 + 223.41 + 289.092) - (263.703 + 0 + 344.429)
=-35.054

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(101.123 + 193.466 + 204.968) - (140.255 + 0 + 170.26)
=189.042

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:

Dofer Yapi Malzemelerinayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=148.7/2604.858
=5.71 %

* 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.


Dofer Yapi Malzemelerinayi ve Ticaret AS EBIT Related Terms

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Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Business Description

Traded in Other Exchanges
N/A
Address
Turgut Özal 2, Bulvar? No:34 Dofer Plaza, Alt?nda? / ANKARA, Istanbul, TUR
Dofer Yapi Malzemeleri Sanayi ve Ticaret AS is engaged in trade of reinforcing bar, as well as production of wire mesh & pre-cut rebar.

Dofer Yapi Malzemelerinayi ve Ticaret AS (IST:DOFER) Headlines

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