Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) EBIT: ₺-96 Mil (TTM As of Mar. 2026)


IST:HATSN Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS IST:HATSN
58 GF Score
Price ₺64.40
! 7 Warning Signs
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What is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS EBIT?

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS IST:HATSN +6.62% 58 EBIT is ₺-96 Mil as of Mar. 2026. GuruFocus rates IST:HATSN with a GF Score™ of 58/100. The stock has 7 warning signs investors should review.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₺-103 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺-96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's annualized ROC % for the quarter that ended in Mar. 2026 was -3.74%. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -6.46%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -0.66%.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS  (IST:HATSN) EBIT Explanation

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

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret 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 )
=-547.86 * ( 1 - 50.16% )/( (6654.112 + 7930.629)/ 2 )
=-273.053424/7292.3705
=-3.74 %

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))
=7730.049 - 748.922 - ( 509.983 - max(0, 1241.681 - 1568.696+509.983))
=6654.112

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))
=8706.573 - 495.3 - ( 679.01 - max(0, 1627.583 - 1908.227+679.01))
=7930.629

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

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

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret 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 )
=-411.304/( ( (6016.067 + max(73.863, 0)) + (6638.979 + max(-10.771, 0)) )/ 2 )
=-411.304/( ( 6089.93 + 6638.979 )/ 2 )
=-411.304/6364.4545
=-6.46 %

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)
=(32.432 + 626.148 + 382.848) - (748.922 + 0 + 218.643)
=73.863

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(140.331 + 554.266 + 502.587) - (495.3 + 0 + 712.655)
=-10.771

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:

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-95.808/14526.218
=-0.66 %

* 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS EBIT Related Terms

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS EBIT Historical Data

* Premium members only.

The historical data trend for Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS EBIT Chart

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
15.41 22.01 965.28 900.90 1,273.30

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Mar22 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 70.05 209.85 0.19 -203.02 -102.83

IST:HATSN vs GE, RTX, BA: EBIT Comparison

For the Aerospace & Defense subindustry, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS EV-to-EBIT vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's EV-to-EBIT falls into.


IST:HATSN
58GF Score
Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS IST:HATSN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-96 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 ₺-96 Mil mean?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) has a EBIT of ₺-96 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS.
Is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's EBIT too high?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's current EBIT is ₺-96 Mil. Overall, Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's EBIT compare to GE and RTX?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's EBIT of ₺-96 Mil can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good EBIT depends on the Aerospace & Defense 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 Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's current EBIT is ₺-96 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS stock overvalued right now?
Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN) has a current EBIT of ₺-96 Mil. The current EBIT is ₺-96 Mil. Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS's overall GF Score™ is 58/100 with 7 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 Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS (IST:HATSN), the current EBIT is ₺-96 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.

Hatn Gemi Insaa Bakim Onarim Deniz Nakliyatnayi ve Ticaret AS Business Description

Address Florya Cad. Florya Plaza, No: 88/2 Florya, Bakirkoy, Istanbul, TUR, 34153
Hat San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret AS is a company engaged in purchase of domestic and foreign shipbuilding facilities, shipyards, hotels, cruise ships and yachts of all tonnages. It also operates in special transformation projects. Extension projects on ships, special project installations related to new machinery, equipment or production, and heavy steel construction works are the expertise of HAT-SAN Shipyard.
58GF 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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