Kardemir Celiknayi AS (IST:KARCL) EBIT: ₺776 Mil (TTM As of Mar. 2026)

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IST:KARCL Kardemir Celik Sanayi AS IST:KARCL
6 GF Score
Price ₺151.50
! 3 Warning Signs
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What is Kardemir Celiknayi AS EBIT?

Kardemir Celiknayi AS IST:KARCL +5.94% 6 EBIT is ₺776 Mil as of Mar. 2026. GuruFocus rates IST:KARCL with a GF Score™ of 6/100. The stock has 3 warning signs investors should review.

Kardemir Celiknayi AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₺776 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺776 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Kardemir Celiknayi AS's annualized ROC % for the quarter that ended in Mar. 2026 was 0.00%. Kardemir Celiknayi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.63%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Kardemir Celiknayi AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.56%.

Kardemir Celiknayi AS  (IST:KARCL) EBIT Explanation

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

Kardemir Celiknayi 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 )
=2556.16 * ( 1 - 100% )/( (26652.594 + 28658.386)/ 2 )
=0/27655.49
=0.00 %

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))
=28239.5 - 2852.931 - ( 175.817 - max(0, 10123.838 - 8857.813+175.817))
=26652.594

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))
=30870.784 - 2679.297 - ( 46.182 - max(0, 10288.516 - 9821.617+46.182))
=28658.386

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

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

Kardemir Celiknayi 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 )
=3104.344/( ( (18616.244 + max(4828.745, 0)) + (20319.56 + max(5380.596, 0)) )/ 2 )
=3104.344/( ( 23444.989 + 25700.156 )/ 2 )
=3104.344/24572.5725
=12.63 %

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)
=(1278.855 + 7109.742 + 225.456) - (2852.931 + 0 + 932.377)
=4828.745

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1204.196 + 7688.05 + 798.2) - (2679.297 + 0 + 1630.553)
=5380.596

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=776.086/138467.359
=0.56 %

* 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.

Kardemir Celiknayi AS EBIT Related Terms

Kardemir Celiknayi AS EBIT Historical Data

* Premium members only.

The historical data trend for Kardemir Celiknayi 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.

Kardemir Celiknayi AS EBIT Chart

Kardemir Celiknayi AS Annual Data
Trend Dec23 Dec24 Dec25
EBIT
1,259.70 2,148.39 1,652.25

Kardemir Celiknayi AS Quarterly Data
Dec23 Dec24 Mar25 Dec25 Mar26
EBIT 0.00 0.00 550.65 0.00 776.09

IST:KARCL vs NUE, STLD, RS: EBIT Comparison

For the Steel subindustry, Kardemir Celiknayi 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.

Kardemir Celiknayi AS EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Kardemir Celiknayi AS's EV-to-EBIT distribution charts can be found below:

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


IST:KARCL
6GF Score
Kardemir Celik Sanayi AS IST:KARCL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Kardemir Celiknayi 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 ₺776 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 ₺776 Mil mean?
Kardemir Celiknayi AS (IST:KARCL) has a EBIT of ₺776 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Kardemir Celiknayi AS.
Is Kardemir Celiknayi AS's EBIT too high?
Kardemir Celiknayi AS's current EBIT is ₺776 Mil. Overall, Kardemir Celiknayi AS has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Kardemir Celiknayi AS's EBIT compare to NUE and STLD?
Kardemir Celiknayi AS's EBIT of ₺776 Mil can be compared against companies in the Steel 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 Steel company?
A good EBIT depends on the Steel 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 Kardemir Celiknayi AS. Kardemir Celiknayi AS's current EBIT is ₺776 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kardemir Celiknayi AS stock overvalued right now?
Kardemir Celiknayi AS (IST:KARCL) has a current EBIT of ₺776 Mil. The current EBIT is ₺776 Mil. Kardemir Celiknayi AS's overall GF Score™ is 6/100 with 3 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 Kardemir Celiknayi AS (IST:KARCL), the current EBIT is ₺776 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.

Kardemir Celiknayi AS Business Description

Address Akcesme Mah, Cigdem Cad. No:1, Merkezefendi, Denizli, TUR
Kardemir Celik Sanayi AS manufactures equal angles, flat bars, square bars, NPU and NPI profiles, T-bars, and round bars in various dimensions and in accordance with international standards. Its products are Billet Iron, Film Rod, and Reinforcement Steel.
6GF Score

Get the complete analysis for IST:KARCL

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

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