Ihlas Holding AS (IST:IHLAS) EBIT: ₺-1,444 Mil (TTM As of Mar. 2026)


IST:IHLAS Ihlas Holding AS IST:IHLAS
46 GF Score
Price ₺1.29
GF Value ₺1.90
Valuation Possible Value Trap
! 5 Warning Signs
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What is Ihlas Holding AS EBIT?

Ihlas Holding AS IST:IHLAS +4.88% 46 EBIT is ₺-1,444 Mil as of Mar. 2026. GuruFocus rates IST:IHLAS with a GF Score™ of 46/100 and a GF Value™ of ₺1.90 (Possible Value Trap). The stock has 5 warning signs investors should review.

Ihlas Holding AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₺533 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺-1,444 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Ihlas Holding AS's annualized ROC % for the quarter that ended in Mar. 2026 was -12.49%. Ihlas Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 11.84%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Ihlas Holding AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -8.65%.

Ihlas Holding AS  (IST:IHLAS) EBIT Explanation

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

Ihlas Holding 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 )
=-3241.42 * ( 1 - 0% )/( (24358.614 + 27557.142)/ 2 )
=-3241.42/25957.878
=-12.49 %

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))
=28718.836 - 3350.653 - ( 1009.569 - max(0, 6142.25 - 16381.025+1009.569))
=24358.614

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))
=31774.647 - 3326.371 - ( 891.134 - max(0, 6646.1 - 17737.011+891.134))
=27557.142

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

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

Ihlas Holding 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 )
=2133.304/( ( (6195.921 + max(10935.018, 0)) + (6815.743 + max(12080.994, 0)) )/ 2 )
=2133.304/( ( 17130.939 + 18896.737 )/ 2 )
=2133.304/18013.838
=11.84 %

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)
=(3143.331 + 10145.781 + 1612.984) - (3350.653 + 0 + 616.425)
=10935.018

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3382.793 + 11154.643 + 1694.88) - (3326.371 + 0 + 824.951)
=12080.994

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:

Ihlas Holding AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-1444.141/16688.807
=-8.65 %

* 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.

Ihlas Holding AS EBIT Related Terms

Ihlas Holding AS EBIT Historical Data

* Premium members only.

The historical data trend for Ihlas Holding 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.

Ihlas Holding AS EBIT Chart

Ihlas Holding AS 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 466.49 -2,225.73 800.21 -1,821.73 -1,851.91

Ihlas Holding AS 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 202.54 -677.20 -567.77 -732.50 533.33

IST:IHLAS vs HON, MMM: EBIT Comparison

For the Conglomerates subindustry, Ihlas Holding 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.

Ihlas Holding AS EV-to-EBIT vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Ihlas Holding AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ihlas Holding AS's EV-to-EBIT falls into.


IST:IHLAS
46GF Score
Ihlas Holding AS IST:IHLAS
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Ihlas Holding 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 ₺-1,444 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 ₺-1,444 Mil mean?
Ihlas Holding AS (IST:IHLAS) has a EBIT of ₺-1,444 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Ihlas Holding AS.
Is Ihlas Holding AS's EBIT too high?
Ihlas Holding AS's current EBIT is ₺-1,444 Mil. Overall, Ihlas Holding AS has a GF Score™ of 46/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Ihlas Holding AS's EBIT compare to HON and MMM?
Ihlas Holding AS's EBIT of ₺-1,444 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good EBIT depends on the Conglomerates 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 Ihlas Holding AS. Ihlas Holding AS's current EBIT is ₺-1,444 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ihlas Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Ihlas Holding AS (IST:IHLAS) is currently considered Possible Value Trap. The stock's GF Value™ is ₺1.90, compared to a current price of ₺1.29 — trading 32.1% below its estimated fair value. The current EBIT is ₺-1,444 Mil. Ihlas Holding AS's overall GF Score™ is 46/100 with 5 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 Ihlas Holding AS (IST:IHLAS), the current EBIT is ₺-1,444 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 Ihlas Holding AS (IST:IHLAS) Overvalued in 2026?

Based on GuruFocus' analysis, Ihlas Holding AS stock appears to be undervalued. The current stock price of ₺1.29 is trading 32.1% below its estimated GF Value™ of ₺1.90. GuruFocus considers Ihlas Holding AS to be Possible Value Trap.

Key valuation signals for IST:IHLAS:

  • EBIT: ₺-1,444 Mil
  • GF Value™: ₺1.90 vs. price of ₺1.29 (32.1% below fair value)
  • GF Score™: 46/100 with 5 warning signs

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

Ihlas Holding AS Business Description

Address Merkez Mahallesi 29 Ekim Caddesi, Ihlas Plaza No: 11 B/21, Yenibosna, Bahcelievler, Istanbul, TUR, 34197
Ihlas Holding AS is a Turkey-based holding company. The operating segment includes Construction, Marketing, Media, and Others. It generates maximum revenue from the Marketing segment. The construction segment includes Real estate trading, construction projects, installation and contracting works, tourism and health investments, marketing, operating, and other construction operations. The Media Segment involves Publishing, selling, distributing and marketing of newspapers and all kinds of publications in Turkey and abroad, news agencies, television, and Other. The Marketing segment includes Home appliances manufacturing, all kinds of motorized and non-motorized vehicles production, import, export, consumer durable trade, and its marketing. Geographically, it operates only in Turkey.
46GF Score

Get the complete analysis for IST:IHLAS

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

₺1.29
Price
₺1.90
GF Value