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Parsan Makina Parcalarinayii AS (IST:PARSN) EBIT : ₺-421 Mil (TTM As of Dec. 2024)


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What is Parsan Makina Parcalarinayii AS EBIT?

Parsan Makina Parcalarinayii AS's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₺-346 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₺-421 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Parsan Makina Parcalarinayii AS's annualized ROC % for the quarter that ended in Dec. 2024 was -3.68%. Parsan Makina Parcalarinayii AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -12.98%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Parsan Makina Parcalarinayii AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was -3.77%.


Parsan Makina Parcalarinayii AS EBIT Historical Data

The historical data trend for Parsan Makina Parcalarinayii 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.

Parsan Makina Parcalarinayii AS EBIT Chart

Parsan Makina Parcalarinayii AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 191.32 321.81 829.49 482.36 -420.92

Parsan Makina Parcalarinayii AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 -87.30 115.21 -140.33 -49.44 -346.36

Competitive Comparison of Parsan Makina Parcalarinayii AS's EBIT

For the Specialty Industrial Machinery subindustry, Parsan Makina Parcalarinayii 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.


Parsan Makina Parcalarinayii AS's EV-to-EBIT Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Parsan Makina Parcalarinayii AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Parsan Makina Parcalarinayii AS's EV-to-EBIT falls into.


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Parsan Makina Parcalarinayii 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 ₺-421 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.


Parsan Makina Parcalarinayii AS  (IST:PARSN) EBIT Explanation

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

Parsan Makina Parcalarinayii 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 )
=-763.608 * ( 1 - 17.85% )/( (16511.832 + 17557.709)/ 2 )
=-627.303972/17034.7705
=-3.68 %

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))
=15560.049 - 1058.329 - ( 70.364 - max(0, 3771.524 - 1761.412+70.364))
=16511.832

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))
=16212.166 - 1031.695 - ( 99.419 - max(0, 3831.531 - 1454.293+99.419))
=17557.709

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

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

Parsan Makina Parcalarinayii 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 )
=-1385.42/( ( (10105.182 + max(179.685, 0)) + (11064.58 + max(-262.264, 0)) )/ 2 )
=-1385.42/( ( 10284.867 + 11064.58 )/ 2 )
=-1385.42/10674.7235
=-12.98 %

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)
=(459.92 + 1087.257 + 143.376) - (1058.329 + 0 + 452.539)
=179.685

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(388.284 + 895.228 + 70.672) - (1031.695 + 0 + 584.753)
=-262.264

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:

Parsan Makina Parcalarinayii AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=-420.918/11159.601
=-3.77 %

* 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.


Parsan Makina Parcalarinayii AS EBIT Related Terms

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Parsan Makina Parcalarinayii AS Business Description

Traded in Other Exchanges
N/A
Address
Kemiklidere Mevkii PK: 3 Guzelyali Koyu, Pendik, Istanbul, TUR, 34903
Parsan Makina Parcalari Sanayii AS is a Turkey-based company involved in the business of forging, heat treatment, special machining and die production. It manufactures Cardan shafts, spider gears, slip shafts, other automotive products, rear axle shafts, front axle beams, and front axle assemblies, and track assemblies.

Parsan Makina Parcalarinayii AS Headlines

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