Isbir Holding AS (IST:ISBIR) EBIT: ₺125.1 Mil (TTM As of Sep. 2013)


What is Isbir Holding AS EBIT?

Isbir Holding AS IST:ISBIR -1.39% EBIT is ₺125.1 Mil as of Sep. 2013.

Isbir Holding AS's earnings before interest and taxes (EBIT) for the six months ended in Sep. 2013 was ₺79.4 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2013 was ₺125.1 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Isbir Holding AS's annualized ROC % for the quarter that ended in Sep. 2013 was 63.03%. Isbir Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2013 was 73.42%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Isbir Holding AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2013 was 3.14%.

Isbir Holding AS  (IST:ISBIR) EBIT Explanation

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

Isbir Holding AS's annualized ROC % for the quarter that ended in Sep. 2013 is calculated as:

ROC % (Q: Sep. 2013 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2013 ) + Invested Capital (Q: Sep. 2013 ))/ count )
=182.41 * ( 1 - 0% )/( (311.685 + 267.158)/ 2 )
=182.41/289.4215
=63.03 %

where

Invested Capital(Q: Mar. 2013 )
=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))
=373.586 - 80.61 - ( 4.832 - max(0, 206.98 - 188.271+4.832))
=311.685

Invested Capital(Q: Sep. 2013 )
=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))
=347.929 - 78.488 - ( 2.283 - max(0, 150.762 - 157.9+2.283))
=267.158

Note: The Operating Income data used here is two times the semi-annual (Sep. 2013) data.

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

Isbir Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2013 is calculated as:

ROC (Joel Greenblatt) %(Q: Sep. 2013 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2013  Q: Sep. 2013
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=158.846/( ( (137.952 + max(84.29, 0)) + (147.408 + max(63.077, 0)) )/ 2 )
=158.846/( ( 222.242 + 210.485 )/ 2 )
=158.846/216.3635
=73.42 %

where Working Capital is:

Working Capital(Q: Mar. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(121.503 + 54.65 + 7.276) - (80.61 + 0 + 18.529)
=84.29

Working Capital(Q: Sep. 2013 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(95.677 + 51.717 + 6.128) - (78.488 + 0 + 11.957)
=63.077

When net working capital is negative, 0 is used.

Note: The EBIT data used here is two times the semi-annual (Sep. 2013) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Sep. 2013 )
=125.09/3980.367
=3.14 %

* 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.

Isbir Holding AS EBIT Related Terms

Isbir Holding AS EBIT Historical Data

* Premium members only.

The historical data trend for Isbir 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.

Isbir Holding AS EBIT Chart

Isbir Holding AS Annual Data
Trend Mar12 Mar13
EBIT
41.02 52.33

Isbir Holding AS Semi-Annual Data
Mar12 Sep12 Mar13 Sep13
EBIT 0.00 6.66 45.67 79.42

IST:ISBIR vs LZB, AMWD, SPB: EBIT Comparison

For the Furnishings, Fixtures & Appliances subindustry, Isbir 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.

Isbir Holding AS EV-to-EBIT vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Isbir Holding AS's EV-to-EBIT distribution charts can be found below:

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


Isbir 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 Sep. 2013 adds up the semi-annually data reported by the company within the most recent 12 months, which was ₺125.1 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 ₺125.1 Mil mean?
Isbir Holding AS (IST:ISBIR) has a EBIT of ₺125.1 Mil as of Sep. 2013. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Isbir Holding AS.
Is Isbir Holding AS's EBIT too high?
Isbir Holding AS's current EBIT is ₺125.1 Mil.
How does Isbir Holding AS's EBIT compare to LZB and AMWD?
Isbir Holding AS's EBIT of ₺125.1 Mil can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good EBIT depends on the Furnishings, Fixtures & Appliances 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 Isbir Holding AS. Isbir Holding AS's current EBIT is ₺125.1 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Isbir Holding AS stock overvalued right now?
Isbir Holding AS (IST:ISBIR) has a current EBIT of ₺125.1 Mil. The current EBIT is ₺125.1 Mil. 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 Isbir Holding AS (IST:ISBIR), the current EBIT is ₺125.1 Mil as of Sep. 2013. 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.

Isbir Holding AS Business Description

Address Ataturk Boulevard No 169/54, Cankaya, Ankara, TUR, 6680
Isbir Holding AS is a holding company. Along with its subsidiaries, the company manufactures mattresses. Its product includes home textiles, baby products, sofa and bed series among others.