Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS (IST:VAKKO) EBIT : ₺2,704 Mil (TTM As of Dec. 2023)

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What is Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS EBIT?

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₺1,295 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₺2,704 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's annualized ROC % for the quarter that ended in Dec. 2023 was 19.08%. Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 113.06%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 22.97%.

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS EBIT Historical Data

The historical data trend for Vakko Tekstil ve Hazir Giyimnayi Isletmeleri 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.

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS EBIT Chart

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

EBIT

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206.63

105.69

391.82

2,258.89

2,730.97

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
EBIT	Get a 7-Day Free Trial															1,426.02	204.47	669.70	534.46	1,295.25

Competitive Comparison of Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's EBIT

For the Apparel Manufacturing subindustry, Vakko Tekstil ve Hazir Giyimnayi Isletmeleri 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.

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's EV-to-EBIT falls into.

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Vakko Tekstil ve Hazir Giyimnayi Isletmeleri 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 ₺2,704 Mil.

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS (IST:VAKKO) EBIT Explanation

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

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri 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 )
=	1275.868 * ( 1 - 25.7% )	/	( (3676.001	+	6259.167)	/ 2 )
=	947.969924	/	4967.584
=	19.08 %

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	))
=	5293.542	-	1227.42	-	( 390.121	-	max(0, 2169.77	-	3378.043	+	390.121	))
=	3676.001

	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	))
=	8811.582	-	1588.707	-	( 963.708	-	max(0, 2517.062	-	5439.068	+	963.708	))
=	6259.167

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

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

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri 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 )
=	5180.984	/	( ( (1734.389 + max(1560.651, 0))	+	(3296.251 + max(2574.062, 0)) )	/	2 )
=	5180.984	/	( ( 3295.04	+	5870.313 )	/	2 )
=	5180.984	/	4582.6765
=	113.06 %

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)
=	(227.631	+	2455.324	+	304.919)	-	(1227.42	+	0	+	199.803)
=	1560.651

	Working Capital		(Q: Dec. 2023 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(335.111	+	3883.267	+	254.287)	-	(1588.707	+	0	+	309.896)
=	2574.062

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:

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Dec. 2023 )
	=	2703.874	/	11770.160
	=	22.97 %

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS EBIT Related Terms

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Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS (IST:VAKKO) » Definitions » EBIT

Comparable Companies

Traded in Other Exchanges

N/A

Address

Londra Asfalti Cirpici Cayiri Mevki, Merter, ISTANBUL, TUR

Website

http://www.vakko.com.tr

Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS is engaged in textile manufacturing. The company sells men's wear, women's wear, bags, shoes and cosmetics.

Vakko Tekstil ve Hazir Giyimnayi Isletmeleri AS Headlines

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