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TKKYY (Turkiye Sise ve Cam Fabrikalari AS) EBIT : $1,058 Mil (TTM As of Jun. 2024)


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What is Turkiye Sise ve Cam Fabrikalari AS EBIT?

Turkiye Sise ve Cam Fabrikalari AS's earnings before interest and taxes (EBIT) for the three months ended in Jun. 2024 was $140 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Jun. 2024 was $1,058 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Turkiye Sise ve Cam Fabrikalari AS's annualized ROC % for the quarter that ended in Jun. 2024 was 5.77%. Turkiye Sise ve Cam Fabrikalari AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 7.81%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Turkiye Sise ve Cam Fabrikalari AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2024 was 10.45%.


Turkiye Sise ve Cam Fabrikalari AS EBIT Historical Data

The historical data trend for Turkiye Sise ve Cam Fabrikalari 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.

Turkiye Sise ve Cam Fabrikalari AS EBIT Chart

Turkiye Sise ve Cam Fabrikalari AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 646.66 615.75 928.62 1,748.37 1,122.14

Turkiye Sise ve Cam Fabrikalari AS Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 527.07 306.23 348.15 263.80 139.62

Competitive Comparison of Turkiye Sise ve Cam Fabrikalari AS's EBIT

For the Conglomerates subindustry, Turkiye Sise ve Cam Fabrikalari 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.


Turkiye Sise ve Cam Fabrikalari AS's EV-to-EBIT Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Turkiye Sise ve Cam Fabrikalari AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Turkiye Sise ve Cam Fabrikalari AS's EV-to-EBIT falls into.



Turkiye Sise ve Cam Fabrikalari 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 Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,058 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.


Turkiye Sise ve Cam Fabrikalari AS  (OTCPK:TKKYY) EBIT Explanation

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

Turkiye Sise ve Cam Fabrikalari AS's annualized ROC % for the quarter that ended in Jun. 2024 is calculated as:

ROC % (Q: Jun. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2024 ) + Invested Capital (Q: Jun. 2024 ))/ count )
=-126.88 * ( 1 - 481.75% )/( (8116.911 + 8676.668)/ 2 )
=484.3644/8396.7895
=5.77 %

where

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))
=10093.115 - 651.706 - ( 1324.498 - max(0, 2210.895 - 3713.15+1324.498))
=8116.911

Invested Capital(Q: Jun. 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))
=11347.334 - 599.246 - ( 2071.42 - max(0, 1934.714 - 4596.81+2071.42))
=8676.668

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

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

Turkiye Sise ve Cam Fabrikalari AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2024  Q: Jun. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=558.488/( ( (5546.899 + max(1362.663, 0)) + (5831.715 + max(1555.559, 0)) )/ 2 )
=558.488/( ( 6909.562 + 7387.274 )/ 2 )
=558.488/7148.418
=7.81 %

where Working Capital is:

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(946.153 + 1130.232 + 279.028) - (651.706 + 0 + 341.044)
=1362.663

Working Capital(Q: Jun. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1021.617 + 1194.004 + 242.842) - (599.246 + 0 + 303.658)
=1555.559

When net working capital is negative, 0 is used.

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

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

Turkiye Sise ve Cam Fabrikalari AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Jun. 2024 )
=1057.796/10122.524
=10.45 %

* 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.


Turkiye Sise ve Cam Fabrikalari AS EBIT Related Terms

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Turkiye Sise ve Cam Fabrikalari AS Business Description

Traded in Other Exchanges
Address
Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44/A, Tuzla, Istanbul, TUR, 34947
Turkiye Sise ve Cam Fabrikalari AS is a holding company that, through its subsidiaries, manufactures and sells glass products, chemicals, and glass packaging. The firm's five segments are based on product type. The flat glass segment, which generates more revenue than any other segment, sells glass panes used in windows and automobile windshields. The glassware segment sells glass beverage bottles and crystal products. The other three segments are glass packaging, chemicals, and other, which consists primarily of services including insurance and the export and import of goods. The majority of revenue comes from Turkey.

Turkiye Sise ve Cam Fabrikalari AS Headlines