Formul Plastik Ve Metalnayi AS (IST:FRMPL) EBIT: ₺ Mil (TTM As of Dec. 2024)


IST:FRMPL Formul Plastik Ve Metal Sanayi AS IST:FRMPL
22 GF Score
Price ₺35.00
! 1 Warning Sign
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What is Formul Plastik Ve Metalnayi AS EBIT?

Formul Plastik Ve Metalnayi AS IST:FRMPL -1.63% 22 EBIT is ₺ Mil as of Dec. 2024. GuruFocus rates IST:FRMPL with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Formul Plastik Ve Metalnayi AS's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2024 was ₺383 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Formul Plastik Ve Metalnayi AS's annualized ROC % for the quarter that ended in Dec. 2024 was 15.97%. Formul Plastik Ve Metalnayi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 21.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

Formul Plastik Ve Metalnayi AS  (IST:FRMPL) EBIT Explanation

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

Formul Plastik Ve Metalnayi AS'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: Dec. 2023 ) + Invested Capital (Q: Dec. 2024 ))/ count )
=554.451 * ( 1 - 8.14% )/( (3158.725 + 3221.48)/ 2 )
=509.3186886/3190.1025
=15.97 %

where

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))
=3539.308 - 314.909 - ( 65.674 - max(0, 1247.894 - 2537.777+65.674))
=3158.725

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))
=3545.005 - 285.913 - ( 37.612 - max(0, 1234.9 - 2179.468+37.612))
=3221.48

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

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

Formul Plastik Ve Metalnayi AS'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: Dec. 2023  Q: Dec. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=383.021/( ( (769.18 + max(727.338, 0)) + (840.306 + max(1162.213, 0)) )/ 2 )
=383.021/( ( 1496.518 + 2002.519 )/ 2 )
=383.021/1749.5185
=21.89 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(489.252 + 1047.329 + 85.215) - (314.909 + 0 + 579.549)
=727.338

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(509.318 + 1048.014 + 73.801) - (285.913 + 0 + 183.007)
=1162.213

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2024) EBIT data.

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

Formul Plastik Ve Metalnayi AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=/5581.528
= %

* 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.

Formul Plastik Ve Metalnayi AS EBIT Related Terms

Formul Plastik Ve Metalnayi AS EBIT Historical Data

* Premium members only.

The historical data trend for Formul Plastik Ve Metalnayi 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.

Formul Plastik Ve Metalnayi AS EBIT Chart

Formul Plastik Ve Metalnayi AS Annual Data
Trend Dec22 Dec23 Dec24
EBIT
700.08 560.83 383.02

Formul Plastik Ve Metalnayi AS Semi-Annual Data
Dec22 Dec23 Dec24
EBIT 700.08 560.83 383.02

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

For the Building Materials subindustry, Formul Plastik Ve Metalnayi 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.

Formul Plastik Ve Metalnayi AS EV-to-EBIT vs Building Materials Industry

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

* The bar in red indicates where Formul Plastik Ve Metalnayi AS's EV-to-EBIT falls into.


IST:FRMPL
22GF Score
Formul Plastik Ve Metal Sanayi AS IST:FRMPL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Formul Plastik Ve Metalnayi 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2024 was ₺ 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 ₺ Mil mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a EBIT of ₺ Mil as of Dec. 2024. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Formul Plastik Ve Metalnayi AS.
Is Formul Plastik Ve Metalnayi AS's EBIT too high?
Formul Plastik Ve Metalnayi AS's current EBIT is ₺ Mil. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's EBIT compare to CRH and VMC?
Formul Plastik Ve Metalnayi AS's EBIT of ₺ 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 Formul Plastik Ve Metalnayi AS. Formul Plastik Ve Metalnayi AS's current EBIT is ₺ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current EBIT of ₺ Mil. The current EBIT is ₺ Mil. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 22/100 with 1 warning sign 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 Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current EBIT is ₺ Mil as of Dec. 2024. 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.

Formul Plastik Ve Metalnayi AS Business Description

Address Gurpinar Yolu Caddesi, Cumhuriyet Mahallesi, Kaya Milenyum Is Merkezi K:8 N:5A/144, Buyukcekmece, Istanbul, TUR
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
22GF Score

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

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