GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Tofas Turk Otomobil Fabrikasi AS (IST:TOASO) » Definitions » EBIT

Tofas Turk Otomobil Fabrikasi AS (IST:TOASO) EBIT : ₺6,083 Mil (TTM As of Dec. 2024)


View and export this data going back to 1991. Start your Free Trial

What is Tofas Turk Otomobil Fabrikasi AS EBIT?

Tofas Turk Otomobil Fabrikasi AS's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2024 was ₺1,698 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2024 was ₺6,083 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Tofas Turk Otomobil Fabrikasi AS's annualized ROC % for the quarter that ended in Dec. 2024 was -271.05%. Tofas Turk Otomobil Fabrikasi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 25.80%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Tofas Turk Otomobil Fabrikasi AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2024 was 6.32%.


Tofas Turk Otomobil Fabrikasi AS EBIT Historical Data

The historical data trend for Tofas Turk Otomobil Fabrikasi 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.

Tofas Turk Otomobil Fabrikasi AS EBIT Chart

Tofas Turk Otomobil Fabrikasi 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 2,065.65 4,148.36 16,275.39 31,083.01 6,693.64

Tofas Turk Otomobil Fabrikasi 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 13,506.28 2,970.60 829.02 584.75 1,698.41

Competitive Comparison of Tofas Turk Otomobil Fabrikasi AS's EBIT

For the Auto Manufacturers subindustry, Tofas Turk Otomobil Fabrikasi 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.


Tofas Turk Otomobil Fabrikasi AS's EV-to-EBIT Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Tofas Turk Otomobil Fabrikasi AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Tofas Turk Otomobil Fabrikasi AS's EV-to-EBIT falls into.


';

Tofas Turk Otomobil Fabrikasi 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 ₺6,083 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.


Tofas Turk Otomobil Fabrikasi AS  (IST:TOASO) EBIT Explanation

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

Tofas Turk Otomobil Fabrikasi 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 )
=-11940.14 * ( 1 - -1123.86% )/( (47458.528 + 60366.744)/ 2 )
=-146130.597404/53912.636
=-271.05 %

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))
=86599.894 - 19195.954 - ( 19945.412 - max(0, 34133.365 - 58544.311+19945.412))
=47458.528

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))
=91659.98 - 12317.116 - ( 18976.12 - max(0, 26515.983 - 62716.132+18976.12))
=60366.744

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

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

Tofas Turk Otomobil Fabrikasi 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 )
=6793.624/( ( (15051.555 + max(5416.533, 0)) + (16307.239 + max(15890.234, 0)) )/ 2 )
=6793.624/( ( 20468.088 + 32197.473 )/ 2 )
=6793.624/26332.7805
=25.80 %

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)
=(14320.097 + 12012.574 + 1386.877) - (19195.954 + 0 + 3107.061)
=5416.533

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20885.083 + 8701.217 + 1882.808) - (12317.116 + 0 + 3261.758)
=15890.234

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:

Tofas Turk Otomobil Fabrikasi AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2024 )
=6082.782/96174.839
=6.32 %

* 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.


Tofas Turk Otomobil Fabrikasi AS EBIT Related Terms

Thank you for viewing the detailed overview of Tofas Turk Otomobil Fabrikasi AS's EBIT provided by GuruFocus.com. Please click on the following links to see related term pages.


Tofas Turk Otomobil Fabrikasi AS Business Description

Traded in Other Exchanges
N/A
Address
Buyukdere Cad. No: 145 Tofas Han, Zincirlikuyu, Istanbul, TUR, 34394
Tofas Turk Otomobil Fabrikasi AS is a Turkish automotive manufacturer of both passenger cars and light commercial vehicles. Its core business s manufacturing, exporting and selling passenger cars and light commercial vehicles under licenses of Fiat Chrysler Automobiles S.p.A. (Fiat). The company manufactures for a range of passenger cars i.e. Fiat Linea, Egea models, and others. Tofas also acts as a distributor of the Fiat, Alfa Romeo, Jeep, Lancia, Maserati, and Ferrari brands in Turkey. It also produces various automotive spare parts used in its automobiles. The company has three business divisions namely Automobile, Trading of spare parts, and Consumer finance.

Tofas Turk Otomobil Fabrikasi AS Headlines

No Headlines