Formul Plastik Ve Metalnayi AS (IST:FRMPL) EV-to-EBIT: 14.60 (As of Aug. 16, 2026) — 79% Above Median

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IST:FRMPL Formul Plastik Ve Metal Sanayi AS IST:FRMPL
23 GF Score
Price ₺38.42
! 2 Warning Signs
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What is Formul Plastik Ve Metalnayi AS EV-to-EBIT?

Formul Plastik Ve Metalnayi AS IST:FRMPL +9.15% 23 EV-to-EBIT is 14.60 as of Aug. 16, 2026, which is 79% above its 10-year median of 8.17. GuruFocus rates IST:FRMPL with a GF Score™ of 23/100. The stock has 2 warning signs investors should review. Among 321 Building Materials companies, Formul Plastik Ve Metalnayi AS ranks worse than 53.58% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Formul Plastik Ve Metalnayi AS's Enterprise Value is ₺6,107 Mil. Formul Plastik Ve Metalnayi AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₺418 Mil. Therefore, Formul Plastik Ve Metalnayi AS's EV-to-EBIT for today is 14.60.

The historical rank and industry rank for Formul Plastik Ve Metalnayi AS's EV-to-EBIT or its related term are showing as below:

IST:FRMPL' s EV-to-EBIT Range Over the Past 10 Years
Min: 6.7   Med: 8.17   Max: 14.6
Current: 14.6

During the past 3 years, the highest EV-to-EBIT of Formul Plastik Ve Metalnayi AS was 14.60. The lowest was 6.70. And the median was 8.17.

IST:FRMPL's EV-to-EBIT is ranked worse than
53.58% of 321 companies
in the Building Materials industry
Industry Median: 13.46 vs IST:FRMPL: 14.60

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Formul Plastik Ve Metalnayi AS's Enterprise Value for the quarter that ended in Jun. 2026 was ₺5,560 Mil. Formul Plastik Ve Metalnayi AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₺418 Mil. Formul Plastik Ve Metalnayi AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 7.52%.


Formul Plastik Ve Metalnayi AS  (IST:FRMPL) EV-to-EBIT Explanation

This is a more accurate valuation of companies' operation because it considers the debt and cash on its balance sheet, and non-operating items such as interest payment, tax, and one-time items are not included in the Operating Income.

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %.

Formul Plastik Ve Metalnayi AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

Earnings Yield (Joel Greenblatt) % (Q: Jun. 2026 ) =EBIT / Enterprise Value (Q: Jun. 2026 )
=418.293/5559.932
=7.52 %

Formul Plastik Ve Metalnayi AS's Enterprise Value for the quarter that ended in Jun. 2026 was ₺5,560 Mil.
Formul Plastik Ve Metalnayi AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺418 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.


Formul Plastik Ve Metalnayi AS EV-to-EBIT Related Terms


Formul Plastik Ve Metalnayi AS EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Formul Plastik Ve Metalnayi AS's EV-to-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.

Formul Plastik Ve Metalnayi AS EV-to-EBIT Chart

Formul Plastik Ve Metalnayi AS Annual Data
Trend Dec22 Dec23 Dec24
EV-to-EBIT
0.00 0.00 0.00

Formul Plastik Ve Metalnayi AS Quarterly Data
Dec22 Dec23 Dec24 Mar25 Jun25 Sep25 Mar26 Jun26
EV-to-EBIT Get a 7-Day Free Trial 0.00 0.00 0.00 10.98 13.29

IST:FRMPL vs CRH, VMC, MLM: EV-to-EBIT Comparison

For the Building Materials subindustry, Formul Plastik Ve Metalnayi 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.


Formul Plastik Ve Metalnayi AS EV-to-EBIT vs Building Materials Industry

For the Building Materials industry and Basic Materials sector, Formul Plastik Ve Metalnayi AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Formul Plastik Ve Metalnayi AS's EV-to-EBIT falls into.


IST:FRMPL
23GF Score
Formul Plastik Ve Metal Sanayi AS IST:FRMPL
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Formul Plastik Ve Metalnayi AS EV-to-EBIT Calculation

Formul Plastik Ve Metalnayi AS's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=6107.131/418.293
=14.60

Formul Plastik Ve Metalnayi AS's current Enterprise Value is ₺6,107 Mil.
Formul Plastik Ve Metalnayi AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺418 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 EV-to-EBIT →
What does a EV-to-EBIT of 14.60 mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a EV-to-EBIT of 14.60 as of Aug. 16, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Formul Plastik Ve Metalnayi AS and its competitors. This is 79% above median its historical median of 8.17. Over the past decade, Formul Plastik Ve Metalnayi AS's EV-to-EBIT has ranged from 6.70 to 14.60. According to the industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #172 out of 321 companies in the Building Materials industry, placing it in the top 53.6%.
Is Formul Plastik Ve Metalnayi AS's EV-to-EBIT too high?
Formul Plastik Ve Metalnayi AS's current EV-to-EBIT of 14.60 is 79% above median its 10-year median of 8.17. Over the past 10 years, this metric has ranged from a low of 6.70 to a high of 14.60. The Building Materials industry median EV-to-EBIT is 13.46. Formul Plastik Ve Metalnayi AS's value of 14.60 is 8.5% above this industry median. Based on the distribution chart, Formul Plastik Ve Metalnayi AS ranks #172 out of 321 companies in the Building Materials industry, which is below the industry midpoint. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 23/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's EV-to-EBIT compare to CRH and VMC?
According to the Building Materials industry distribution chart, Formul Plastik Ve Metalnayi AS ranks #172 out of 321 companies for EV-to-EBIT. This places Formul Plastik Ve Metalnayi AS in the lower half of its industry. The industry median EV-to-EBIT is 13.46. Formul Plastik Ve Metalnayi AS's value of 14.60 is 8.5% above this benchmark. Historically, Formul Plastik Ve Metalnayi AS's own EV-to-EBIT has ranged from 6.70 to 14.60 over the past decade. While the company's 10-year median is 8.17 vs. the industry median of 13.46, Formul Plastik Ve Metalnayi AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBIT for a Building Materials company?
The median EV-to-EBIT among Building Materials companies is 13.46, based on 321 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBIT significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Formul Plastik Ve Metalnayi AS's current EV-to-EBIT of 14.60 is 8.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBIT mean?
A high EV-to-EBIT can signal that a stock is expensive relative to its fundamentals. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Formul Plastik Ve Metalnayi AS and its competitors. For the Building Materials industry, the median EV-to-EBIT is 13.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formul Plastik Ve Metalnayi AS's current EV-to-EBIT is 14.60, which is 79% above median its own 10-year median of 8.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current EV-to-EBIT of 14.60. The current EV-to-EBIT is 14.60, which is 79% above median its 10-year median of 8.17 and 8.5% above the Building Materials industry median of 13.46. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 23/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBIT calculated?
EV-to-EBIT is calculated from a company's financial statements. For Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current EV-to-EBIT is 14.60 as of Aug. 16, 2026. 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.

Formul Plastik Ve Metalnayi AS Business Description

Address Gurpinar Yolu Caddesi, Cumhuriyet Mahallesi, Kaya Milenyum Is Merkezi K:8 N:5A/144, Buyukcekmece, Istanbul, TUR
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
23GF Score

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

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