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Erciyas Celik Borunayi (IST:ERCB) EBIT : ₺1,127 Mil (TTM As of Dec. 2024)


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What is Erciyas Celik Borunayi EBIT?

Erciyas Celik Borunayi's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₺238 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₺1,127 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Erciyas Celik Borunayi's annualized ROC % for the quarter that ended in Dec. 2024 was -2.63%. Erciyas Celik Borunayi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 25.70%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Erciyas Celik Borunayi's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 10.91%.


Erciyas Celik Borunayi EBIT Historical Data

The historical data trend for Erciyas Celik Borunayi'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.

Erciyas Celik Borunayi EBIT Chart

Erciyas Celik Borunayi Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
- 89.10 248.94 365.05 831.31

Erciyas Celik Borunayi Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 53.11 366.31 338.74 183.29 238.22

Competitive Comparison of Erciyas Celik Borunayi's EBIT

For the Steel subindustry, Erciyas Celik Borunayi'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.


Erciyas Celik Borunayi's EV-to-EBIT Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Erciyas Celik Borunayi's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Erciyas Celik Borunayi's EV-to-EBIT falls into.



Erciyas Celik Borunayi 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,127 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.


Erciyas Celik Borunayi  (IST:ERCB) EBIT Explanation

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

Erciyas Celik Borunayi's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

ROC % (Q: Dec. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2024 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=246.672 * ( 1 - 199.82% )/( (9490.08 + 9235.461)/ 2 )
=-246.2279904/9362.7705
=-2.63 %

where

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))
=11827.78 - 2104.964 - ( 232.736 - max(0, 6514.437 - 7856.436+232.736))
=9490.08

Invested Capital(Q: Dec. 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))
=12771.489 - 3106.128 - ( 429.9 - max(0, 7155.071 - 8678.951+429.9))
=9235.461

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

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

Erciyas Celik Borunayi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2024  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=952.88/( ( (3645.936 + max(40.132, 0)) + (3729.84 + max(-581.334, 0)) )/ 2 )
=952.88/( ( 3686.068 + 3729.84 )/ 2 )
=952.88/3707.954
=25.70 %

where Working Capital is:

Working Capital(Q: Sep. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1852.463 + 734.022 + 278.816) - (2104.964 + 0 + 720.205)
=40.132

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1641.349 + 811.651 + 631.758) - (3106.128 + 0 + 559.964)
=-581.334

When net working capital is negative, 0 is used.

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

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

Erciyas Celik Borunayi's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=1126.555/10323.346
=10.91 %

* 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.


Erciyas Celik Borunayi EBIT Related Terms

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Erciyas Celik Borunayi Business Description

Traded in Other Exchanges
N/A
Address
Palladium Tower Barbaros M. Halk Cd. Kardelen, Sk. No:2/1 Kat:25-26 34746 Atasehir, Istanbul, TUR
Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.

Erciyas Celik Borunayi Headlines

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