Tekfen Holding AS (IST:TKFEN) EBIT: ₺-2,239 Mil (TTM As of Mar. 2026)


IST:TKFEN Tekfen Holding AS IST:TKFEN
44 GF Score
Price ₺132.80
GF Value ₺50.04
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Tekfen Holding AS EBIT?

Tekfen Holding AS IST:TKFEN +4.24% 44 EBIT is ₺-2,239 Mil as of Mar. 2026. GuruFocus rates IST:TKFEN with a GF Score™ of 44/100 and a GF Value™ of ₺50.04 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Tekfen Holding AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was ₺99 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺-2,239 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tekfen Holding AS's annualized ROC % for the quarter that ended in Mar. 2026 was 1.56%. Tekfen Holding AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 1.29%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tekfen Holding AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was -4.15%.


Tekfen Holding AS  (IST:TKFEN) EBIT Explanation

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

Tekfen 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 )
=1034.184 * ( 1 - 0% )/( (63988.505 + 68587.613)/ 2 )
=1034.184/66288.059
=1.56 %

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))
=72194.888 - 17284.217 - ( 8254.958 - max(0, 36089.961 - 27012.127+8254.958))
=63988.505

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))
=78652.67 - 18970.067 - ( 8960.018 - max(0, 39114.844 - 30209.834+8960.018))
=68587.613

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

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

Tekfen 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 )
=394.372/( ( (29691.81 + max(-5173.495, 0)) + (31513.416 + max(-5249.894, 0)) )/ 2 )
=394.372/( ( 29691.81 + 31513.416 )/ 2 )
=394.372/30602.613
=1.29 %

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)
=(5166.181 + 9990.211 + 2669.77) - (17284.217 + 0 + 5715.44)
=-5173.495

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(5505.163 + 11755.473 + 2998.664) - (18970.067 + 0 + 6539.127)
=-5249.894

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:

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

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=-2239.045/53974.279
=-4.15 %

* 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.


Tekfen Holding AS EBIT Related Terms


Tekfen Holding AS EBIT Historical Data

* Premium members only.

The historical data trend for Tekfen 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.

Tekfen Holding AS EBIT Chart

Tekfen 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 1,288.62 2,478.20 -997.61 2,264.65 -2,223.10

Tekfen 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 -195.24 -1,955.38 -456.03 73.77 98.59

IST:TKFEN vs CTVA, CF, MOS: EBIT Comparison

For the Agricultural Inputs subindustry, Tekfen 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.


Tekfen Holding AS EV-to-EBIT vs Agriculture Industry

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

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


IST:TKFEN
44GF Score
Tekfen Holding AS IST:TKFEN
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Tekfen 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 ₺-2,239 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 ₺-2,239 Mil mean?
Tekfen Holding AS (IST:TKFEN) has a EBIT of ₺-2,239 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Tekfen Holding AS.
Is Tekfen Holding AS's EBIT too high?
Tekfen Holding AS's current EBIT is ₺-2,239 Mil. Overall, Tekfen Holding AS has a GF Score™ of 44/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Tekfen Holding AS's EBIT compare to CTVA and CF?
Tekfen Holding AS's EBIT of ₺-2,239 Mil can be compared against companies in the Agriculture 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 an Agriculture company?
A good EBIT depends on the Agriculture 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 Tekfen Holding AS. Tekfen Holding AS's current EBIT is ₺-2,239 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tekfen Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Tekfen Holding AS (IST:TKFEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺50.04, compared to a current price of ₺132.80 — trading 165.4% above its estimated fair value. The current EBIT is ₺-2,239 Mil. Tekfen Holding AS's overall GF Score™ is 44/100 with 7 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 Tekfen Holding AS (IST:TKFEN), the current EBIT is ₺-2,239 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 Tekfen Holding AS (IST:TKFEN) Overvalued in 2026?

Based on GuruFocus' analysis, Tekfen Holding AS stock appears to be overvalued. The current stock price of ₺132.80 is trading 165.4% above its estimated GF Value™ of ₺50.04. GuruFocus considers Tekfen Holding AS to be Significantly Overvalued.

Key valuation signals for IST:TKFEN:

  • EBIT: ₺-2,239 Mil
  • GF Value™: ₺50.04 vs. price of ₺132.80 (165.4% above fair value)
  • GF Score™: 44/100 with 7 warning signs

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


Tekfen Holding AS Business Description

Address Kultur Mahallesi, Tekfen Sitesi, Budak Sokak, A Blok, No. 7, Ulus-Besiktas, Istanbul, TUR, 34340
Tekfen Holding AS is a conglomerate that operates in below business lines: Engineering and Contracting; Agricultural Industry; and Investment. It generates maximum revenue from the Agricultural Industry segment. The Agricultural Industry segment is engaged in the production and sale of mineral fertilizers as well as special water soluble fertilizers and organic fertilizers. It also manufactures bags used in fertilizer packaging in its facility. Additionally, it generates biogas through the fermentation of organic wastes and electricity from biogas and also produces solid and liquid organic fertilizers from wastes that have completed the gasification process. Geographically, the company generates maximum revenue from Turkey and the rest from the CIS, the Middle East, and other regions.
44GF Score

Get the complete analysis for IST:TKFEN

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

₺132.80
Price
₺50.04
GF Value