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Vera Konsept Gayrimenkul Yatirim Ortakligi AS (IST:VRGYO) EBIT : ₺170.96 Mil (TTM As of Mar. 2024)


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What is Vera Konsept Gayrimenkul Yatirim Ortakligi AS EBIT?

Vera Konsept Gayrimenkul Yatirim Ortakligi AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₺-28.14 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₺170.96 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Vera Konsept Gayrimenkul Yatirim Ortakligi AS's annualized ROC % for the quarter that ended in Mar. 2024 was -0.32%. Vera Konsept Gayrimenkul Yatirim Ortakligi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was -12.52%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Vera Konsept Gayrimenkul Yatirim Ortakligi AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 3.96%.


Vera Konsept Gayrimenkul Yatirim Ortakligi AS EBIT Historical Data

The historical data trend for Vera Konsept Gayrimenkul Yatirim Ortakligi 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.

Vera Konsept Gayrimenkul Yatirim Ortakligi AS EBIT Chart

Vera Konsept Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
EBIT
-1.13 43.68 166.99 302.50

Vera Konsept Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only 103.30 685.61 5.22 -491.72 -28.14

Competitive Comparison of Vera Konsept Gayrimenkul Yatirim Ortakligi AS's EBIT

For the REIT - Diversified subindustry, Vera Konsept Gayrimenkul Yatirim Ortakligi 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.


Vera Konsept Gayrimenkul Yatirim Ortakligi AS's EV-to-EBIT Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vera Konsept Gayrimenkul Yatirim Ortakligi AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Vera Konsept Gayrimenkul Yatirim Ortakligi AS's EV-to-EBIT falls into.



Vera Konsept Gayrimenkul Yatirim Ortakligi 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺170.96 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.


Vera Konsept Gayrimenkul Yatirim Ortakligi AS  (IST:VRGYO) EBIT Explanation

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

Vera Konsept Gayrimenkul Yatirim Ortakligi AS's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=-11.38 * ( 1 - 0.03% )/( (3441.953 + 3773.683)/ 2 )
=-11.376586/3607.818
=-0.32 %

where

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))
=3763.698 - 6.849 - ( 314.896 - max(0, 90.373 - 1295.216+314.896))
=3441.953

Invested Capital(Q: Mar. 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))
=4225.591 - 7.709 - ( 444.199 - max(0, 30.992 - 1385.34+444.199))
=3773.683

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

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

Vera Konsept Gayrimenkul Yatirim Ortakligi AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-112.576/( ( (2.008 + max(886.34, 0)) + (2.235 + max(907.815, 0)) )/ 2 )
=-112.576/( ( 888.348 + 910.05 )/ 2 )
=-112.576/899.199
=-12.52 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(6.911 + 275.562 + 694.24) - (6.849 + 0 + 83.524)
=886.34

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8.91 + 317.072 + 612.825) - (7.709 + 0 + 23.283)
=907.815

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Vera Konsept Gayrimenkul Yatirim Ortakligi AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=170.96/4320.001
=3.96 %

* 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.


Vera Konsept Gayrimenkul Yatirim Ortakligi AS EBIT Related Terms

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Vera Konsept Gayrimenkul Yatirim Ortakligi AS (IST:VRGYO) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Mevlana Bulv, Yelken Plaza Apt No: 139 A/59, Balgat District, Cankaya, Ankara, TUR
Vera Konsept Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust whose main field of activity is to carry out all kinds of architectural plans and project drawings and construction, contracting works.

Vera Konsept Gayrimenkul Yatirim Ortakligi AS (IST:VRGYO) Headlines

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