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Petkim Petrokimya Holding AS (IST:PETKM) EBIT : ₺12,908 Mil (TTM As of Dec. 2023)


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What is Petkim Petrokimya Holding AS EBIT?

Petkim Petrokimya Holding AS's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₺8,362 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₺12,908 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Petkim Petrokimya Holding AS's annualized ROC % for the quarter that ended in Dec. 2023 was -26.86%. Petkim Petrokimya Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 88.83%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Petkim Petrokimya Holding AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 16.66%.


Petkim Petrokimya Holding AS EBIT Historical Data

The historical data trend for Petkim Petrokimya 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.

* Premium members only.

Petkim Petrokimya Holding AS EBIT Chart

Petkim Petrokimya Holding AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,466.78 1,683.70 7,175.61 -837.09 12,908.38

Petkim Petrokimya Holding AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -6,804.61 607.50 1,079.21 2,859.59 8,362.08

Competitive Comparison of Petkim Petrokimya Holding AS's EBIT

For the Chemicals subindustry, Petkim Petrokimya 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.


Petkim Petrokimya Holding AS's EV-to-EBIT Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Petkim Petrokimya Holding AS's EV-to-EBIT distribution charts can be found below:

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



Petkim Petrokimya 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 Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺12,908 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.


Petkim Petrokimya Holding AS  (IST:PETKM) EBIT Explanation

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

Petkim Petrokimya Holding AS's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=-27988.28 * ( 1 - 30.51% )/( (51133.646 + 93696.982)/ 2 )
=-19449.055772/72415.314
=-26.86 %

where

Invested Capital(Q: Sep. 2023 )
=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))
=60848.101 - 5389.319 - ( 4325.136 - max(0, 24441.801 - 31813.086+4325.136))
=51133.646

Invested Capital(Q: Dec. 2023 )
=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))
=95790.584 - 8512.176 - ( 4338.607 - max(0, 26752.611 - 20334.037+4338.607))
=93696.982

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Petkim Petrokimya Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=33448.312/( ( (15446.995 + max(20334.851, 0)) + (33538.985 + max(5986.008, 0)) )/ 2 )
=33448.312/( ( 35781.846 + 39524.993 )/ 2 )
=33448.312/37653.4195
=88.83 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6813.543 + 4943.367 + 15710.572) - (5389.319 + 0 + 1743.312)
=20334.851

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7545.99 + 6140.873 + 2185.843) - (8512.176 + 0 + 1374.522)
=5986.008

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

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

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=12908.376/77500.939
=16.66 %

* 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.


Petkim Petrokimya Holding AS EBIT Related Terms

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Petkim Petrokimya Holding AS (IST:PETKM) Business Description

Traded in Other Exchanges
N/A
Address
Aliaga, P.O. Box 12, Izmir, TUR, 35800
Petkim Petrokimya Holding AS is a holding company, which through its subsidiaries, manufactures and sells a variety of petrochemicals, specialty chemicals, plastics, and chemical-based products. The firm's product portfolio includes polyvinyl chloride, or PVC, used in construction, polypropylene, polyethylene, glycols, and ethylene. The company's products are used in soaps, detergents, textiles, food and beverage packaging, retail goods packaging, water treatment, and airplane and railway de-icing. The vast majority of revenue comes from Turkey.

Petkim Petrokimya Holding AS (IST:PETKM) Headlines

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