Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) EBIT: ₺215.7 Mil (TTM As of Mar. 2026)


IST:FORMT Formet Metal Ve Cam Sanayi Anonim Sirketi IST:FORMT
62 GF Score
Price ₺2.20
GF Value ₺2.65
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Formet Metal Ve Camnayi Anonim Sirketi EBIT?

Formet Metal Ve Camnayi Anonim Sirketi IST:FORMT 62 EBIT is ₺215.7 Mil as of Mar. 2026. GuruFocus rates IST:FORMT with a GF Score™ of 62/100 and a GF Value™ of ₺2.65 (Modestly Undervalued). The stock has 6 warning signs investors should review.

Formet Metal Ve Camnayi Anonim Sirketi's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₺54.9 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺215.7 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Formet Metal Ve Camnayi Anonim Sirketi's annualized ROC % for the quarter that ended in Mar. 2026 was 1.41%. Formet Metal Ve Camnayi Anonim Sirketi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.18%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Formet Metal Ve Camnayi Anonim Sirketi's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 8.25%.

Formet Metal Ve Camnayi Anonim Sirketi  (IST:FORMT) EBIT Explanation

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

Formet Metal Ve Camnayi Anonim Sirketi'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 )
=36.852 * ( 1 - 0% )/( (2498.8 + 2727.384)/ 2 )
=36.852/2613.092
=1.41 %

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))
=2797.184 - 169.353 - ( 129.031 - max(0, 505.432 - 909.068+129.031))
=2498.8

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))
=3006.658 - 203.12 - ( 76.154 - max(0, 567.54 - 950.987+76.154))
=2727.384

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

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

Formet Metal Ve Camnayi Anonim Sirketi'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 )
=219.724/( ( (1874.309 + max(431.369, 0)) + (2042.042 + max(438.13, 0)) )/ 2 )
=219.724/( ( 2305.678 + 2480.172 )/ 2 )
=219.724/2392.925
=9.18 %

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)
=(419.904 + 265.479 + 92.057) - (169.353 + 0 + 176.718)
=431.369

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(537.314 + 257.402 + 76.032) - (203.12 + 0 + 229.498)
=438.13

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:

Formet Metal Ve Camnayi Anonim Sirketi's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=215.686/2614.270
=8.25 %

* 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.

Formet Metal Ve Camnayi Anonim Sirketi EBIT Related Terms

Formet Metal Ve Camnayi Anonim Sirketi EBIT Historical Data

* Premium members only.

The historical data trend for Formet Metal Ve Camnayi Anonim Sirketi'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.

Formet Metal Ve Camnayi Anonim Sirketi EBIT Chart

Formet Metal Ve Camnayi Anonim Sirketi 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 18.91 54.24 -71.53 -30.76 166.50

Formet Metal Ve Camnayi Anonim Sirketi 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 130.35 -136.11 -21.05 317.91 54.93

IST:FORMT vs TT, JCI, CARR: EBIT Comparison

For the Building Products & Equipment subindustry, Formet Metal Ve Camnayi Anonim Sirketi'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.

Formet Metal Ve Camnayi Anonim Sirketi EV-to-EBIT vs Construction Industry

For the Construction industry and Industrials sector, Formet Metal Ve Camnayi Anonim Sirketi's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Formet Metal Ve Camnayi Anonim Sirketi's EV-to-EBIT falls into.


IST:FORMT
62GF Score
Formet Metal Ve Cam Sanayi Anonim Sirketi IST:FORMT
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Formet Metal Ve Camnayi Anonim Sirketi 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 ₺215.7 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 ₺215.7 Mil mean?
Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) has a EBIT of ₺215.7 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Formet Metal Ve Camnayi Anonim Sirketi.
Is Formet Metal Ve Camnayi Anonim Sirketi's EBIT too high?
Formet Metal Ve Camnayi Anonim Sirketi's current EBIT is ₺215.7 Mil. Overall, Formet Metal Ve Camnayi Anonim Sirketi has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Formet Metal Ve Camnayi Anonim Sirketi's EBIT compare to TT and JCI?
Formet Metal Ve Camnayi Anonim Sirketi's EBIT of ₺215.7 Mil can be compared against companies in the Construction 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 Construction company?
A good EBIT depends on the Construction 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 Formet Metal Ve Camnayi Anonim Sirketi. Formet Metal Ve Camnayi Anonim Sirketi's current EBIT is ₺215.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formet Metal Ve Camnayi Anonim Sirketi stock overvalued right now?
Based on GuruFocus' analysis, Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺2.65, compared to a current price of ₺2.20 — trading 17% below its estimated fair value. The current EBIT is ₺215.7 Mil. Formet Metal Ve Camnayi Anonim Sirketi's overall GF Score™ is 62/100 with 6 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 Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT), the current EBIT is ₺215.7 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 Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Overvalued in 2026?

Based on GuruFocus' analysis, Formet Metal Ve Camnayi Anonim Sirketi stock appears to be undervalued. The current stock price of ₺2.20 is trading 17% below its estimated GF Value™ of ₺2.65. GuruFocus considers Formet Metal Ve Camnayi Anonim Sirketi to be Modestly Undervalued.

Key valuation signals for IST:FORMT:

  • EBIT: ₺215.7 Mil
  • GF Value™: ₺2.65 vs. price of ₺2.20 (17% below fair value)
  • GF Score™: 62/100 with 6 warning signs

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

Formet Metal Ve Camnayi Anonim Sirketi Business Description

Address Caddesi No. 18, Organize Sanayi Bolgesi 9, Kayseri, TUR
Formet Metal Ve Cam Sanayi Anonim Sirketi manufactures and sells steel doors. It offers products such as Panel Series, Neo Series, Eko Series, and others. The company also provides various accessories such as Knob 204, Knob 208, Kumru 1301 Gold, and other related accessories.
62GF Score

Get the complete analysis for IST:FORMT

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

₺2.20
Price
₺2.65
GF Value