Karsan Otomotivnayii Ve Ticaret AS (IST:KARSN) EBIT: ₺3,802 Mil (TTM As of Jun. 2026)

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IST:KARSN Karsan Otomotiv Sanayii Ve Ticaret AS IST:KARSN
52 GF Score
Price ₺9.28
GF Value ₺18.31
Valuation Possible Value Trap
! 8 Warning Signs
View Full Analysis

What is Karsan Otomotivnayii Ve Ticaret AS EBIT?

Karsan Otomotivnayii Ve Ticaret AS IST:KARSN -1.38% 52 EBIT is ₺3,802 Mil as of Jun. 2026. GuruFocus rates IST:KARSN with a GF Score™ of 52/100 and a GF Value™ of ₺18.31 (Possible Value Trap). The stock has 8 warning signs investors should review.

Karsan Otomotivnayii Ve Ticaret AS's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2026 was ₺338 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2026 was ₺3,802 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Karsan Otomotivnayii Ve Ticaret AS's annualized ROC % for the quarter that ended in Jun. 2026 was -0.46%. Karsan Otomotivnayii Ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 10.32%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Karsan Otomotivnayii Ve Ticaret AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 21.98%.


Karsan Otomotivnayii Ve Ticaret AS  (IST:KARSN) EBIT Explanation

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

Karsan Otomotivnayii Ve Ticaret AS's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=-113.812 * ( 1 - 18.75% )/( (19825.527 + 19952.516)/ 2 )
=-92.47225/19889.0215
=-0.46 %

where

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))
=23367.517 - 3572.285 - ( 1040.347 - max(0, 12883.348 - 12853.053+1040.347))
=19825.527

Invested Capital(Q: Jun. 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))
=22420.072 - 2437.27 - ( 499.065 - max(0, 11238.24 - 11268.526+499.065))
=19952.516

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

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

Karsan Otomotivnayii Ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1350.892/( ( (5923.043 + max(6844.82, 0)) + (6248.7 + max(7160.938, 0)) )/ 2 )
=1350.892/( ( 12767.863 + 13409.638 )/ 2 )
=1350.892/13088.7505
=10.32 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6345.565 + 3882.319 + 1300.901) - (3572.285 + 0 + 1111.68)
=6844.82

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6637.104 + 3040.986 + 822.855) - (2437.27 + 0 + 902.737)
=7160.938

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

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

Karsan Otomotivnayii Ve Ticaret AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2026 )
=3802.452/17298.928
=21.98 %

* 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.


Karsan Otomotivnayii Ve Ticaret AS EBIT Related Terms


Karsan Otomotivnayii Ve Ticaret AS EBIT Historical Data

* Premium members only.

The historical data trend for Karsan Otomotivnayii 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.

Karsan Otomotivnayii Ve Ticaret AS EBIT Chart

Karsan Otomotivnayii Ve Ticaret 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 244.51 340.42 867.27 1,999.06 3,025.29

Karsan Otomotivnayii Ve Ticaret AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 832.80 426.29 1,991.27 1,047.17 337.72

IST:KARSN vs CAT, DE, PCAR: EBIT Comparison

For the Farm & Heavy Construction Machinery subindustry, Karsan Otomotivnayii 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.


Karsan Otomotivnayii Ve Ticaret AS EV-to-EBIT vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Karsan Otomotivnayii Ve Ticaret AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Karsan Otomotivnayii Ve Ticaret AS's EV-to-EBIT falls into.


IST:KARSN
52GF Score
Karsan Otomotiv Sanayii Ve Ticaret AS IST:KARSN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Karsan Otomotivnayii 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺3,802 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 ₺3,802 Mil mean?
Karsan Otomotivnayii Ve Ticaret AS (IST:KARSN) has a EBIT of ₺3,802 Mil as of Jun. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Karsan Otomotivnayii Ve Ticaret AS.
Is Karsan Otomotivnayii Ve Ticaret AS's EBIT too high?
Karsan Otomotivnayii Ve Ticaret AS's current EBIT is ₺3,802 Mil. Overall, Karsan Otomotivnayii Ve Ticaret AS has a GF Score™ of 52/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Karsan Otomotivnayii Ve Ticaret AS's EBIT compare to CAT and DE?
Karsan Otomotivnayii Ve Ticaret AS's EBIT of ₺3,802 Mil can be compared against companies in the Farm & Heavy Construction Machinery 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 Farm & Heavy Construction Machinery company?
A good EBIT depends on the Farm & Heavy Construction Machinery 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 Karsan Otomotivnayii Ve Ticaret AS. Karsan Otomotivnayii Ve Ticaret AS's current EBIT is ₺3,802 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Karsan Otomotivnayii Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Karsan Otomotivnayii Ve Ticaret AS (IST:KARSN) is currently considered Possible Value Trap. The stock's GF Value™ is ₺18.31, compared to a current price of ₺9.28 — trading 49.3% below its estimated fair value. The current EBIT is ₺3,802 Mil. Karsan Otomotivnayii Ve Ticaret AS's overall GF Score™ is 52/100 with 8 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 Karsan Otomotivnayii Ve Ticaret AS (IST:KARSN), the current EBIT is ₺3,802 Mil as of Jun. 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 Karsan Otomotivnayii Ve Ticaret AS (IST:KARSN) Overvalued in 2026?

Based on GuruFocus' analysis, Karsan Otomotivnayii Ve Ticaret AS stock appears to be undervalued. The current stock price of ₺9.28 is trading 49.3% below its estimated GF Value™ of ₺18.31. GuruFocus considers Karsan Otomotivnayii Ve Ticaret AS to be Possible Value Trap.

Key valuation signals for IST:KARSN:

  • EBIT: ₺3,802 Mil
  • GF Value™: ₺18.31 vs. price of ₺9.28 (49.3% below fair value)
  • GF Score™: 52/100 with 8 warning signs

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


Karsan Otomotivnayii Ve Ticaret AS Business Description

Address Hasanaga Organize Sanayi Bolgesi (HOSAB), Sanayi Caddesi, Nilufer, Bursa, TUR, 16225
Karsan Otomotiv Sanayii Ve Ticaret AS is engaged in production, import and export of motor vehicles to automotive brands. It provides industrial services to automotive companies and its activities include the production of spare parts for automotive and other vehicles. The operating segments are Bus segment reports production of buses for municipalities, Karsan segment reports the production of commercial vehicles with its own brand, Spare Parts segment represents the production of spare parts and Industrial Sales segment reports the cataphoresis processes and tractor cabin. The group operates in Turkey and internationally and generates the majority of the revenue from the Hyundai segment.
52GF Score

Get the complete analysis for IST:KARSN

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

₺9.28
Price
₺18.31
GF Value