Koc Holding AS (IST:KCHOL) EBIT: ₺174,740 Mil (TTM As of Mar. 2026)


IST:KCHOL Koc Holding AS IST:KCHOL
82 GF Score
Price ₺194.90
GF Value ₺192.66
Valuation Fairly Valued
! 9 Warning Signs
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What is Koc Holding AS EBIT?

Koc Holding AS IST:KCHOL +0.98% 82 EBIT is ₺174,740 Mil as of Mar. 2026. GuruFocus rates IST:KCHOL with a GF Score™ of 82/100 and a GF Value™ of ₺192.66 (Fairly Valued). The stock has 9 warning signs investors should review.

Koc Holding AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₺38,494 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺174,740 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Koc Holding AS's annualized ROC % for the quarter that ended in Mar. 2026 was 0.34%. Koc Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 26.35%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Koc Holding AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 12.10%.

Koc Holding AS  (IST:KCHOL) EBIT Explanation

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

Koc 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 )
=124628 * ( 1 - 90.44% )/( (3417427 + 3691757)/ 2 )
=11914.4368/3554592
=0.34 %

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))
=5317600 - 2343376 - ( 682864 - max(0, 3459611 - 3016408+682864))
=3417427

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))
=5748170 - 2571316 - ( 1022490 - max(0, 3811794 - 3296891+1022490))
=3691757

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

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

Koc 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 )
=153976/( ( (561856 + max(-1704000, 0)) + (606930 + max(-2108421, 0)) )/ 2 )
=153976/( ( 561856 + 606930 )/ 2 )
=153976/584393
=26.35 %

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)
=(240073 + 195089 + 418090) - (2343376 + 0 + 213876)
=-1704000

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(271507 + 206407 + 300424) - (2571316 + 0 + 315443)
=-2108421

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=174740/1444377.976
=12.10 %

* 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.

Koc Holding AS EBIT Related Terms

Koc Holding AS EBIT Historical Data

* Premium members only.

The historical data trend for Koc 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.

Koc Holding AS EBIT Chart

Koc 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 36,335.00 213,411.00 278,406.00 111,920.00 160,643.00

Koc 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 26,130.00 32,978.00 41,653.00 61,615.00 38,494.00

IST:KCHOL vs HON, MMM: EBIT Comparison

For the Conglomerates subindustry, Koc 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.

Koc Holding AS EV-to-EBIT vs Conglomerates Industry

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

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


IST:KCHOL
82GF Score
Koc Holding AS IST:KCHOL
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Koc 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 ₺174,740 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 ₺174,740 Mil mean?
Koc Holding AS (IST:KCHOL) has a EBIT of ₺174,740 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Koc Holding AS.
Is Koc Holding AS's EBIT too high?
Koc Holding AS's current EBIT is ₺174,740 Mil. Overall, Koc Holding AS has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Koc Holding AS's EBIT compare to HON and MMM?
Koc Holding AS's EBIT of ₺174,740 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 Koc Holding AS. Koc Holding AS's current EBIT is ₺174,740 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koc Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Koc Holding AS (IST:KCHOL) is currently considered Fairly Valued. The stock's GF Value™ is ₺192.66, compared to a current price of ₺194.90 — trading 1.2% above its estimated fair value. The current EBIT is ₺174,740 Mil. Koc Holding AS's overall GF Score™ is 82/100 with 9 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 Koc Holding AS (IST:KCHOL), the current EBIT is ₺174,740 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 Koc Holding AS (IST:KCHOL) Overvalued in 2026?

Based on GuruFocus' analysis, Koc Holding AS stock appears to be overvalued. The current stock price of ₺194.90 is trading 1.2% above its estimated GF Value™ of ₺192.66. GuruFocus considers Koc Holding AS to be Fairly Valued.

Key valuation signals for IST:KCHOL:

  • EBIT: ₺174,740 Mil
  • GF Value™: ₺192.66 vs. price of ₺194.90 (1.2% above fair value)
  • GF Score™: 82/100 with 9 warning signs

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

Koc Holding AS Business Description

Other Exchanges KHOLY:USAKRKA:Germany
Address Nakkastepe Azizbey Sokak No.1, Kuzguncuk-Uskuda, Uskudar, Istanbul, TUR, 34674
Koc Holding AS is a Turkish conglomerate. The group's businesses operate in the energy refining, fuel distribution, liquefied petroleum gas distribution, power generation, natural gas, automotive, automotive retailing, farm tractors, defense, white goods, consumer electronics, air conditioning, banking, leasing, REIT, factoring, brokerage, asset-management, consumer finance, food production, food production distribution, do-it-yourself retailing, tourism, marina operations, information technology, and ship and yacht construction industries. The company operates five core business segments: Energy, Automotive, Consumer durables, Finance, and Other. The majority segment by sales is energy, containing the fuel distribution, refining, and power generation businesses.
82GF Score

Get the complete analysis for IST:KCHOL

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

₺194.90
Price
₺192.66
GF Value