Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD) EV-to-EBIT: 17.69 (As of Sep. 21, 2026) — 192% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:KRDMD Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS IST:KRDMD
82 GF Score
Price ₺44.02
GF Value ₺38.92
Valuation Modestly Overvalued
! 9 Warning Signs
View Full Analysis

What is Kardemir Karabuk Demir Celiknayi ve Ticaret AS EV-to-EBIT?

Kardemir Karabuk Demir Celiknayi ve Ticaret AS IST:KRDMD -0.14% 82 EV-to-EBIT is 17.69 as of Sep. 21, 2026, which is 192% above its 10-year median of 6.06. GuruFocus rates IST:KRDMD with a GF Score™ of 82/100 and a GF Value™ of ₺38.92 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 486 Steel companies, Kardemir Karabuk Demir Celiknayi ve Ticaret AS ranks better than 61.52% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Enterprise Value is ₺55,810 Mil. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₺3,156 Mil. Therefore, Kardemir Karabuk Demir Celiknayi ve Ticaret AS's EV-to-EBIT for today is 17.69.

The historical rank and industry rank for Kardemir Karabuk Demir Celiknayi ve Ticaret AS's EV-to-EBIT or its related term are showing as below:

IST:KRDMD' s EV-to-EBIT Range Over the Past 10 Years
Min: -60.78   Med: 6.06   Max: 179.71
Current: 10.13

During the past 13 years, the highest EV-to-EBIT of Kardemir Karabuk Demir Celiknayi ve Ticaret AS was 179.71. The lowest was -60.78. And the median was 6.06.

IST:KRDMD's EV-to-EBIT is ranked better than
61.52% of 486 companies
in the Steel industry
Industry Median: 12.765 vs IST:KRDMD: 10.13

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Enterprise Value for the quarter that ended in Jun. 2026 was ₺45,689 Mil. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₺3,156 Mil. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 6.91%.


Kardemir Karabuk Demir Celiknayi ve Ticaret AS  (IST:KRDMD) 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) %.

Kardemir Karabuk Demir Celiknayi ve Ticaret 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 )
=3155.696028/45689.438592
=6.91 %

Kardemir Karabuk Demir Celiknayi ve Ticaret AS's Enterprise Value for the quarter that ended in Jun. 2026 was ₺45,689 Mil.
Kardemir Karabuk Demir Celiknayi ve Ticaret 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 ₺3,156 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.


Kardemir Karabuk Demir Celiknayi ve Ticaret AS EV-to-EBIT Related Terms


Kardemir Karabuk Demir Celiknayi ve Ticaret AS EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Kardemir Karabuk Demir Celiknayi ve Ticaret 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.

Kardemir Karabuk Demir Celiknayi ve Ticaret AS EV-to-EBIT Chart

Kardemir Karabuk Demir Celiknayi ve Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 7.34 47.78 -35.33 47.70

Kardemir Karabuk Demir Celiknayi ve Ticaret AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
EV-to-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 62.19 32.79 35.59 15.78 14.48

IST:KRDMD vs NUE, STLD, RS: EV-to-EBIT Comparison

For the Steel subindustry, Kardemir Karabuk Demir Celiknayi ve 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.


Kardemir Karabuk Demir Celiknayi ve Ticaret AS EV-to-EBIT vs Steel Industry

For the Steel industry and Basic Materials sector, Kardemir Karabuk Demir Celiknayi ve Ticaret AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Kardemir Karabuk Demir Celiknayi ve Ticaret AS's EV-to-EBIT falls into.


IST:KRDMD
82GF Score
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS IST:KRDMD
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kardemir Karabuk Demir Celiknayi ve Ticaret AS EV-to-EBIT Calculation

Kardemir Karabuk Demir Celiknayi ve Ticaret AS's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=55809.612/3155.696028
=17.69

Kardemir Karabuk Demir Celiknayi ve Ticaret AS's current Enterprise Value is ₺55,810 Mil.
Kardemir Karabuk Demir Celiknayi ve Ticaret 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 ₺3,156 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 17.69 mean?
Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD) has a EV-to-EBIT of 17.69 as of Sep. 21, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Kardemir Karabuk Demir Celiknayi ve Ticaret AS and its competitors. This is 192% above median its historical median of 6.06. According to the industry distribution chart, Kardemir Karabuk Demir Celiknayi ve Ticaret AS ranks #187 out of 486 companies in the Steel industry, placing it in the top 38.5%.
Is Kardemir Karabuk Demir Celiknayi ve Ticaret AS's EV-to-EBIT too high?
Kardemir Karabuk Demir Celiknayi ve Ticaret AS's current EV-to-EBIT of 17.69 is 192% above median its 10-year median of 6.06. The Steel industry median EV-to-EBIT is 12.77. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's value of 17.69 is 38.6% above this industry median. Based on the distribution chart, Kardemir Karabuk Demir Celiknayi ve Ticaret AS ranks #187 out of 486 companies in the Steel industry, which is above the industry midpoint. Overall, Kardemir Karabuk Demir Celiknayi ve Ticaret AS has a GF Score™ of 82/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kardemir Karabuk Demir Celiknayi ve Ticaret AS's EV-to-EBIT compare to NUE and STLD?
According to the Steel industry distribution chart, Kardemir Karabuk Demir Celiknayi ve Ticaret AS ranks #187 out of 486 companies for EV-to-EBIT. This puts Kardemir Karabuk Demir Celiknayi ve Ticaret AS in the upper half of its industry. The industry median EV-to-EBIT is 12.77. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's value of 17.69 is 38.6% above this benchmark. While the company's 10-year median is 6.06 vs. the industry median of 12.77, Kardemir Karabuk Demir Celiknayi ve Ticaret 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 Steel company?
The median EV-to-EBIT among Steel companies is 12.77, based on 486 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. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's current EV-to-EBIT of 17.69 is 38.6% 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 Kardemir Karabuk Demir Celiknayi ve Ticaret AS and its competitors. For the Steel industry, the median EV-to-EBIT is 12.77 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's current EV-to-EBIT is 17.69, which is 192% above median its own 10-year median of 6.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kardemir Karabuk Demir Celiknayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺38.92, compared to a current price of ₺44.02 — trading 13.1% above its estimated fair value. The current EV-to-EBIT is 17.69, which is 192% above median its 10-year median of 6.06 and 38.6% above the Steel industry median of 12.77. Kardemir Karabuk Demir Celiknayi ve Ticaret AS's overall GF Score™ is 82/100 with 9 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 Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD), the current EV-to-EBIT is 17.69 as of Sep. 21, 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.

Is Kardemir Karabuk Demir Celiknayi ve Ticaret AS (IST:KRDMD) Overvalued in 2026?

Based on GuruFocus' analysis, Kardemir Karabuk Demir Celiknayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺44.02 is trading 13.1% above its estimated GF Value™ of ₺38.92. GuruFocus considers Kardemir Karabuk Demir Celiknayi ve Ticaret AS to be Modestly Overvalued.

Key valuation signals for IST:KRDMD:

  • EV-to-EBIT: 17.69 (192% above median its 10-year median of 6.06)
  • GF Value™: ₺38.92 vs. price of ₺44.02 (13.1% above fair value)
  • GF Score™: 82/100 with 9 warning signs
  • Industry Position: 38.6% above the Steel median (#187 of 486)

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


Kardemir Karabuk Demir Celiknayi ve Ticaret AS Business Description

Other Exchanges KRDMB:TurkeyKRDMA:Turkey
Address Kardemir Karabuk Demir Sanayi, Karabuk, TUR, 78170
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS is a Turkey-based company that is primarily engaged in manufacturing and selling of raw iron and steel products, coke, and coke byproducts. Its steel products include pig, blooms, billets, ribbed construction steel, profiles, mine poles, and all types of rails. Billet products and round products account for the majority of the company's steel product volume. The company's products are used in the construction, mining, transport, and industry sectors. Most of the company's revenue is generated from the Turkish domestic market.
82GF Score

Get the complete analysis for IST:KRDMD

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

₺44.02
Price
₺38.92
GF Value