TFIG (TFI TAB Gida Yatirimlari AS) EBIT: $ Mil (TTM As of Dec. 2016)

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What is TFI TAB Gida Yatirimlari AS EBIT?

TFI TAB Gida Yatirimlari AS TFIG EBIT is $ Mil as of Dec. 2016.

TFI TAB Gida Yatirimlari AS's earnings before interest and taxes (EBIT) for the six months ended in Dec. 2016 was $-41.28 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. TFI TAB Gida Yatirimlari AS's annualized ROC % for the quarter that ended in Dec. 2016 was -0.21%. TFI TAB Gida Yatirimlari AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2016 was -12.75%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield.

TFI TAB Gida Yatirimlari AS  (NAS:TFIG) EBIT Explanation

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

TFI TAB Gida Yatirimlari AS's annualized ROC % for the quarter that ended in Dec. 2016 is calculated as:

ROC % (Q: Dec. 2016 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2015 ) + Invested Capital (Q: Dec. 2016 ))/ count )
=-1.218 * ( 1 - 1.59% )/( (502.663 + 643.685)/ 2 )
=-1.1986338/573.174
=-0.21 %

where

Invested Capital(Q: Dec. 2015 )
=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))
=525.627 - 175.857 - ( 47.974 - max(0, 276.183 - 123.29+47.974))
=502.663

Invested Capital(Q: Dec. 2016 )
=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))
=647.192 - 184.561 - ( 113.099 - max(0, 386.687 - 205.633+113.099))
=643.685

Note: The Operating Income data used here is one times the annual (Dec. 2016) data.

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

TFI TAB Gida Yatirimlari AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2016 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2016 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2015  Q: Dec. 2016
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-41.275/( ( (301.564 + max(-127.041, 0)) + (345.866 + max(-122.299, 0)) )/ 2 )
=-41.275/( ( 301.564 + 345.866 )/ 2 )
=-41.275/323.715
=-12.75 %

where Working Capital is:

Working Capital(Q: Dec. 2015 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(25.417 + 33.385 + 9.186) - (175.857 + 15.155 + 4.0170000000001)
=-127.041

Working Capital(Q: Dec. 2016 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(31.892 + 37.124 + 11.216) - (184.561 + 14.08 + 3.89)
=-122.299

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2016) EBIT data.

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

TFI TAB Gida Yatirimlari AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2016 )
=/0.000
= %

* 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.

TFI TAB Gida Yatirimlari AS EBIT Related Terms

TFI TAB Gida Yatirimlari AS EBIT Historical Data

* Premium members only.

The historical data trend for TFI TAB Gida Yatirimlari 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.

TFI TAB Gida Yatirimlari AS EBIT Chart

TFI TAB Gida Yatirimlari AS Annual Data
Trend Dec15 Dec16
EBIT
-58.11 -41.28

TFI TAB Gida Yatirimlari AS Semi-Annual Data
Dec15 Dec16
EBIT -58.11 -41.28

TFIG vs : EBIT Comparison

For the Restaurants subindustry, TFI TAB Gida Yatirimlari 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.

TFI TAB Gida Yatirimlari AS EV-to-EBIT vs Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, TFI TAB Gida Yatirimlari AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where TFI TAB Gida Yatirimlari AS's EV-to-EBIT falls into.


TFI TAB Gida Yatirimlari 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. EBIT for the trailing twelve months (TTM) ended in Dec. 2016 was $ 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 $ Mil mean?
TFI TAB Gida Yatirimlari AS (TFIG) has a EBIT of $ Mil as of Dec. 2016. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on TFI TAB Gida Yatirimlari AS.
Is TFI TAB Gida Yatirimlari AS's EBIT too high?
TFI TAB Gida Yatirimlari AS's current EBIT is $ Mil.
How does TFI TAB Gida Yatirimlari AS's EBIT compare to ?
TFI TAB Gida Yatirimlari AS's EBIT of $ Mil can be compared against companies in the Restaurants 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 Restaurants company?
A good EBIT depends on the Restaurants 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 TFI TAB Gida Yatirimlari AS. TFI TAB Gida Yatirimlari AS's current EBIT is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TFI TAB Gida Yatirimlari AS stock overvalued right now?
TFI TAB Gida Yatirimlari AS (TFIG) has a current EBIT of $ Mil. The current EBIT is $ Mil. 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 TFI TAB Gida Yatirimlari AS (TFIG), the current EBIT is $ Mil as of Dec. 2016. 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.

TFI TAB Gida Yatirimlari AS Business Description

Comparable Companies
Address Dikilitas Mah. Emirhan Cad, No:109 Atakule Besiktas, Istanbul, TUR
TFI TAB Gida Yatirimlari AS acts as a restaurant operator. The company operates a broad range of quick service restaurants, (QSRs), mainly in Turkey and China. It provides a wide spectrum of restaurant concepts, encompassing hamburger, chicken, sandwich, Italian/pizza, and Turkish QSRs. The company operates more than 600 Burger King restaurants in Turkey. It acts as a franchisee of Popeyes, Arby's and Sbarro. It has developed its own fast food brand Usta Dönerci in Turkey. The company operates its restaurant in three channels namely mall, street in-line, and freestanding and airport. It operates through Quick service restaurants segment, Ecosystem, and Other segment. The majority of the company's revenue comes from Turkey.