Polisan Holding AS (IST:POLHO) EBIT: ₺-442 Mil (TTM As of Mar. 2026)


IST:POLHO Polisan Holding AS IST:POLHO
53 GF Score
Price ₺20.60
GF Value ₺7.81
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Polisan Holding AS EBIT?

Polisan Holding AS IST:POLHO +0.29% 53 EBIT is ₺-442 Mil as of Mar. 2026. GuruFocus rates IST:POLHO with a GF Score™ of 53/100 and a GF Value™ of ₺7.81 (Significantly Overvalued). The stock has 5 warning signs investors should review.

Polisan Holding AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₺-113 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺-442 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Polisan Holding AS's annualized ROC % for the quarter that ended in Mar. 2026 was -2.50%. Polisan Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -4.04%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Polisan Holding AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -2.59%.


Polisan Holding AS  (IST:POLHO) EBIT Explanation

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

Polisan 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 )
=-447.436 * ( 1 - 0% )/( (17193.733 + 18590.754)/ 2 )
=-447.436/17892.2435
=-2.50 %

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))
=18064.585 - 1083.089 - ( 282.577 - max(0, 2936.677 - 2724.44+282.577))
=17193.733

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))
=19525.898 - 1321.213 - ( 649.648 - max(0, 3072.625 - 2686.556+649.648))
=18590.754

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

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

Polisan 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 )
=-451.008/( ( (9860.206 + max(1110.575, 0)) + (10767.271 + max(571.029, 0)) )/ 2 )
=-451.008/( ( 10970.781 + 11338.3 )/ 2 )
=-451.008/11154.5405
=-4.04 %

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)
=(1193.485 + 320.621 + 917.724) - (1083.089 + 0 + 238.166)
=1110.575

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(945.007 + 310.123 + 747.011) - (1321.213 + 0 + 109.899)
=571.029

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-442.083/17100.588
=-2.59 %

* 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.


Polisan Holding AS EBIT Related Terms


Polisan Holding AS EBIT Historical Data

* Premium members only.

The historical data trend for Polisan 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.

Polisan Holding AS EBIT Chart

Polisan 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 331.38 1,970.80 1,535.57 187.48 -404.53

Polisan 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 -82.15 -60.97 57.37 -325.73 -112.75

IST:POLHO vs LIN, SHW, ECL: EBIT Comparison

For the Specialty Chemicals subindustry, Polisan 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.


Polisan Holding AS EV-to-EBIT vs Chemicals Industry

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

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


IST:POLHO
53GF Score
Polisan Holding AS IST:POLHO
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Polisan 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 ₺-442 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 ₺-442 Mil mean?
Polisan Holding AS (IST:POLHO) has a EBIT of ₺-442 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Polisan Holding AS.
Is Polisan Holding AS's EBIT too high?
Polisan Holding AS's current EBIT is ₺-442 Mil. Overall, Polisan Holding AS has a GF Score™ of 53/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polisan Holding AS's EBIT compare to LIN and SHW?
Polisan Holding AS's EBIT of ₺-442 Mil can be compared against companies in the Chemicals 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 Chemicals company?
A good EBIT depends on the Chemicals 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 Polisan Holding AS. Polisan Holding AS's current EBIT is ₺-442 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polisan Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Polisan Holding AS (IST:POLHO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺7.81, compared to a current price of ₺20.60 — trading 163.8% above its estimated fair value. The current EBIT is ₺-442 Mil. Polisan Holding AS's overall GF Score™ is 53/100 with 5 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 Polisan Holding AS (IST:POLHO), the current EBIT is ₺-442 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 Polisan Holding AS (IST:POLHO) Overvalued in 2026?

Based on GuruFocus' analysis, Polisan Holding AS stock appears to be overvalued. The current stock price of ₺20.60 is trading 163.8% above its estimated GF Value™ of ₺7.81. GuruFocus considers Polisan Holding AS to be Significantly Overvalued.

Key valuation signals for IST:POLHO:

  • EBIT: ₺-442 Mil
  • GF Value™: ₺7.81 vs. price of ₺20.60 (163.8% above fair value)
  • GF Score™: 53/100 with 5 warning signs

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


Polisan Holding AS Business Description

Address Dilovasi Organize Sanayi Bolgesi 1, Kisim Liman Caddesi No: 7, Kocaeli, Dilovasi, TUR
Polisan Holding AS engages in the manufacture and distribution of decorative paints, chemicals, textile goods, and rendering port and storage services. It operates through the following segments: Chemical Products, Port, Services, and Real estate. Majority of the firm's revenue gets derived from Chemical Products segment. The company offers paints, varnishes, resins, and other surface coating and insulation materials; formaldehyde, formaldehyde resins, and construction chemicals, as well as polyethylene terephthalate granules and synthetic fibers; emulsion polymers used in paint, wood, textiles, carpeting, and glue industries.
53GF Score

Get the complete analysis for IST:POLHO

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

₺20.60
Price
₺7.81
GF Value