Vanet Gidanayi Ic ve Dis Ticaret AS (IST:VANGD) EBIT: ₺-9.70 Mil (TTM As of Sep. 2025)

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Vanet Gida Sanayi Ic ve Dis Ticaret AS IST:VANGD

49 GF Score

Price ₺90.85

GF Value ₺18.29

Valuation Significantly Overvalued

1 Warning Sign

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What is Vanet Gidanayi Ic ve Dis Ticaret AS EBIT?

Vanet Gidanayi Ic ve Dis Ticaret AS IST:VANGD -0.27% 49 EBIT is ₺-9.70 Mil as of Sep. 2025. GuruFocus rates IST:VANGD with a GF Score™ of 49/100 and a GF Value™ of ₺18.29 (Significantly Overvalued). The stock has 1 warning sign investors should review.

Vanet Gidanayi Ic ve Dis Ticaret AS's earnings before interest and taxes (EBIT) for the three months ended in Sep. 2025 was ₺0.08 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Sep. 2025 was ₺-9.70 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vanet Gidanayi Ic ve Dis Ticaret AS's annualized ROC % for the quarter that ended in Sep. 2025 was 0.00%. Vanet Gidanayi Ic ve Dis Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was 1.71%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vanet Gidanayi Ic ve Dis Ticaret AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Sep. 2025 was -0.43%.

Vanet Gidanayi Ic ve Dis Ticaret AS (IST:VANGD) EBIT Explanation

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

Vanet Gidanayi Ic ve Dis Ticaret AS's annualized ROC % for the quarter that ended in Sep. 2025 is calculated as:

	ROC % (Q: Sep. 2025 )
=	NOPAT	/	Average Invested Capital
=	Operating Income * ( 1 - Tax Rate % )	/	( (Invested Capital (Q: Jun. 2025 )	+	Invested Capital (Q: Sep. 2025 ))	/ count )
=	-12.064 * ( 1 - 100% )	/	( (237.917	+	264.134)	/ 2 )
=	-0	/	251.0255
=	0.00 %

where

	Invested Capital		(Q: Jun. 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	))
=	260.832	-	13.31	-	( 9.605	-	max(0, 13.464	-	25.087	+	9.605	))
=	237.917

	Invested Capital		(Q: Sep. 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	))
=	281.302	-	16.994	-	( 0.174	-	max(0, 17.076	-	28.443	+	0.174	))
=	264.134

Note: The Operating Income data used here is four times the quarterly (Sep. 2025) data.

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

Vanet Gidanayi Ic ve Dis Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Sep. 2025 is calculated as:

	ROC (Joel Greenblatt) %		(Q: Sep. 2025 )
=	EBIT	/	Average of (Net fixed Assets	+	Net Working Capital)
=	EBIT	/	Average of (Property, Plant and Equipment	+	Net Working Capital)
			Q: Jun. 2025		Q: Sep. 2025
=	EBIT	/	( ( (Property, Plant and Equipment + Net Working Capital)	+	(Property, Plant and Equipment + Net Working Capital) )	/	count )
=	0.32	/	( ( (12.9 + max(1.084, 0))	+	(13.292 + max(10.218, 0)) )	/	2 )
=	0.32	/	( ( 13.984	+	23.51 )	/	2 )
=	0.32	/	18.747
=	1.71 %

where Working Capital is:

	Working Capital		(Q: Jun. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(13.093	+	0	+	1.455)	-	(13.31	+	0	+	0.154)
=	1.084

	Working Capital		(Q: Sep. 2025 )
=	(Accounts Receivable	+	Total Inventories	+	Other Current Assets)	-	(Accounts Payable & Accrued Expense	+	Defer. Rev.	+	Other Current Liabilities)
=	(25.636	+	0	+	1.658)	-	(16.994	+	0	+	0.082000000000001)
=	10.218

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Sep. 2025) EBIT data.

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

Vanet Gidanayi Ic ve Dis Ticaret AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %	=	EBIT (TTM)	/	Enterprise Value (Q: Sep. 2025 )
	=	-9.703	/	2271.076
	=	-0.43 %

* 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.

Vanet Gidanayi Ic ve Dis Ticaret AS EBIT Related Terms

Vanet Gidanayi Ic ve Dis Ticaret AS EBIT Historical Data

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The historical data trend for Vanet Gidanayi Ic ve Dis Ticaret AS's EBIT can be seen below:

Vanet Gidanayi Ic ve Dis Ticaret AS EBIT Chart

Vanet Gidanayi Ic ve Dis Ticaret AS Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

EBIT

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7.22

18.69

44.07

-49.60

-0.17

Vanet Gidanayi Ic ve Dis Ticaret AS Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25
EBIT	Get a 7-Day Free Trial															0.76	-12.71	1.81	1.12	0.08

IST:VANGD vs SYY, USFD, PFGC: EBIT Comparison

For the Food Distribution subindustry, Vanet Gidanayi Ic ve Dis Ticaret 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.

Vanet Gidanayi Ic ve Dis Ticaret AS EV-to-EBIT vs Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Vanet Gidanayi Ic ve Dis Ticaret AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Vanet Gidanayi Ic ve Dis Ticaret AS's EV-to-EBIT falls into.

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49GF Score

Vanet Gida Sanayi Ic ve Dis Ticaret AS IST:VANGD

EBIT is just one metric. See GF Score™, valuation, warning signs, and more.

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Vanet Gidanayi Ic ve Dis Ticaret 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 Sep. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺-9.70 Mil.

Frequently Asked Questions Learn more about EBIT →

What does a EBIT of ₺-9.70 Mil mean?

Vanet Gidanayi Ic ve Dis Ticaret AS (IST:VANGD) has a EBIT of ₺-9.70 Mil as of Sep. 2025. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Vanet Gidanayi Ic ve Dis Ticaret AS.

Is Vanet Gidanayi Ic ve Dis Ticaret AS's EBIT too high?

Vanet Gidanayi Ic ve Dis Ticaret AS's current EBIT is ₺-9.70 Mil. Overall, Vanet Gidanayi Ic ve Dis Ticaret AS has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.

How does Vanet Gidanayi Ic ve Dis Ticaret AS's EBIT compare to SYY and USFD?

Vanet Gidanayi Ic ve Dis Ticaret AS's EBIT of ₺-9.70 Mil can be compared against companies in the Retail - Defensive 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 Retail - Defensive company?

A good EBIT depends on the Retail - Defensive 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 Vanet Gidanayi Ic ve Dis Ticaret AS. Vanet Gidanayi Ic ve Dis Ticaret AS's current EBIT is ₺-9.70 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Vanet Gidanayi Ic ve Dis Ticaret AS stock overvalued right now?

Based on GuruFocus' analysis, Vanet Gidanayi Ic ve Dis Ticaret AS (IST:VANGD) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺18.29, compared to a current price of ₺90.85 — trading 396.7% above its estimated fair value. The current EBIT is ₺-9.70 Mil. Vanet Gidanayi Ic ve Dis Ticaret AS's overall GF Score™ is 49/100 with 1 warning sign 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 Vanet Gidanayi Ic ve Dis Ticaret AS (IST:VANGD), the current EBIT is ₺-9.70 Mil as of Sep. 2025. 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 Vanet Gidanayi Ic ve Dis Ticaret AS (IST:VANGD) Overvalued in 2026?

Based on GuruFocus' analysis, Vanet Gidanayi Ic ve Dis Ticaret AS stock appears to be overvalued. The current stock price of ₺90.85 is trading 396.7% above its estimated GF Value™ of ₺18.29. GuruFocus considers Vanet Gidanayi Ic ve Dis Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:VANGD:

EBIT: ₺-9.70 Mil
GF Value™: ₺18.29 vs. price of ₺90.85 (396.7% above fair value)
GF Score™: 49/100 with 1 warning sign

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

Vanet Gidanayi Ic ve Dis Ticaret AS Business Description

Industry Consumer Defensive Retail - Defensive

Comparable Companies IST:KUVVA SYY USFD PFGC XLIS:JMT LSE:BNZL JSE:BID HKSE:01768 BKK:CPAXT CHEF SGX:VC2 HAM:B4B UNFI ANDE ASX:MTS SZSE:002515 SHSE:600113 SZSE:000061 WAR:KER XKRX:005440

Address Resadiye Caddesi, Cumhuriyet Koyu No. 18, Beykoz, Istanbul, TUR

Website http://www.vanet.com.tr

Vanet Gida Sanayi Ic ve Dis Ticaret AS a supplier of various meat and deli products. Its products include meat carcass, turkey products, sausage, pastrami, ham, tripe, and a range of other meat products.

49GF Score

Get the complete analysis for IST:VANGD

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

₺90.85

Price

₺18.29

GF Value

View IST:VANGD Analysis

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