Mega Metalnayi ve Ticaret AS (IST:MEGMT) EBIT : ₺757 Mil (TTM As of Dec. 2024)

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What is Mega Metalnayi ve Ticaret AS EBIT?

Mega Metalnayi ve Ticaret AS's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₺142 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₺757 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Mega Metalnayi ve Ticaret AS's annualized ROC % for the quarter that ended in Dec. 2024 was 0.06%. Mega Metalnayi ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 10.89%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Mega Metalnayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 7.77%.

Mega Metalnayi ve Ticaret AS EBIT Historical Data

The historical data trend for Mega Metalnayi 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.

* Premium members only.

Mega Metalnayi ve Ticaret AS EBIT Chart

Mega Metalnayi ve Ticaret AS Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

EBIT

69.69

104.39

302.71

584.78

757.32

Mega Metalnayi ve Ticaret AS Quarterly Data
	Dec20	Dec21	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
EBIT	Get a 7-Day Free Trial								126.14	291.98	200.07	122.77	142.50

Competitive Comparison of Mega Metalnayi ve Ticaret AS's EBIT

For the Electrical Equipment & Parts subindustry, Mega Metalnayi 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.

Mega Metalnayi ve Ticaret AS's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Mega Metalnayi ve Ticaret AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Mega Metalnayi ve Ticaret AS's EV-to-EBIT falls into.

Mega Metalnayi 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 Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺757 Mil.

Mega Metalnayi ve Ticaret AS (IST:MEGMT) EBIT Explanation

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

Mega Metalnayi ve Ticaret AS's annualized ROC % for the quarter that ended in Dec. 2024 is calculated as:

	ROC % (Q: Dec. 2024 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Sep. 2024 )	+	Invested Capital (Q: Dec. 2024 ))	/ count )
=	10.852 * ( 1 - 58.53% )	/	( (7383.629	+	7221.321)	/ 2 )
=	4.5003244	/	7302.475
=	0.06 %

where

	Invested Capital		(Q: Sep. 2024 )
=	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	))
=	9031.219	-	605.332	-	( 1604.211	-	max(0, 4707.2	-	5749.458	+	1604.211	))
=	7383.629

	Invested Capital		(Q: Dec. 2024 )
=	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	))
=	8850.113	-	700.338	-	( 1646.506	-	max(0, 4539.586	-	5468.04	+	1646.506	))
=	7221.321

Note: The Operating Income data used here is four times the quarterly (Dec. 2024) data.

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

Mega Metalnayi ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Dec. 2024 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Sep. 2024		Q: Dec. 2024
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	569.996	/	( ( (2575.29 + max(2976.149, 0))	+	(2626.25 + max(2285.861, 0)) )	/	2 )
=	569.996	/	( ( 5551.439	+	4912.111 )	/	2 )
=	569.996	/	5231.775
=	10.89 %

where Working Capital is:

	Working Capital		(Q: Sep. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1717.036	+	1973.175	+	443.091)	-	(605.332	+	0	+	551.821)
=	2976.149

	Working Capital		(Q: Dec. 2024 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(1008.516	+	1924.844	+	500.222)	-	(700.338	+	0	+	447.383)
=	2285.861

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2024) EBIT data.

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

Mega Metalnayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2024 )
	=	757.321	/	9742.231
	=	7.77 %

Mega Metalnayi ve Ticaret AS EBIT Related Terms

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Mega Metalnayi ve Ticaret AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Mega Metal Sanayi ve Ticaret AS (IST:MEGMT) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kayseri OSB District 12, Cadde No: 61, Kayseri, TUR

Website

https://www.megametal.com.tr

Mega Metal Sanayi ve Ticaret AS is a company produces electrolytic copper wire with conductive properties for low current in its production facilities located in Kayseri OSB with an annual melting capacity of forty eight thousand tons. The copper wire that makes up the products produced by Mega Metal is in the form of oxygen-free electrolytic copper wire with low current sectors. The products produced by the company are produced as bare or tin alloyed. The product range is generally bare or tinned which consists of Mono Wire, Multi-Wire Products, Stranded Wires and Coil Wires. The products it produces are used in various sectors such as electrical, electronics, communications, energy, defense and automotive industries.

Mega Metalnayi ve Ticaret AS Headlines

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