Ulker Biskuvinayi AS (IST:ULKER) EV-to-EBIT: 6.73 (As of Aug. 28, 2026) — 18% 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:ULKER Ulker Biskuvi Sanayi AS IST:ULKER
89 GF Score
Price ₺92.65
GF Value ₺129.07
Valuation Modestly Undervalued
! 7 Warning Signs
View Full Analysis

What is Ulker Biskuvinayi AS EV-to-EBIT?

Ulker Biskuvinayi AS IST:ULKER +0.49% 89 EV-to-EBIT is 6.73 as of Aug. 28, 2026, which is 18% above its 10-year median of 5.71. GuruFocus rates IST:ULKER with a GF Score™ of 89/100 and a GF Value™ of ₺129.07 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 1,565 Consumer Packaged Goods companies, Ulker Biskuvinayi AS ranks better than 78.91% on this metric.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, Ulker Biskuvinayi AS's Enterprise Value is ₺78,990 Mil. Ulker Biskuvinayi AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₺11,742 Mil. Therefore, Ulker Biskuvinayi AS's EV-to-EBIT for today is 6.73.

The historical rank and industry rank for Ulker Biskuvinayi AS's EV-to-EBIT or its related term are showing as below:

IST:ULKER' s EV-to-EBIT Range Over the Past 10 Years
Min: -803.56   Med: 5.71   Max: 22.7
Current: 6.73

During the past 13 years, the highest EV-to-EBIT of Ulker Biskuvinayi AS was 22.70. The lowest was -803.56. And the median was 5.71.

IST:ULKER's EV-to-EBIT is ranked better than
78.91% of 1565 companies
in the Consumer Packaged Goods industry
Industry Median: 12.33 vs IST:ULKER: 6.73

Joel Greenblatt calls the inversion of this ratio Earnings Yield (Joel Greenblatt) %. Ulker Biskuvinayi AS's Enterprise Value for the quarter that ended in Jun. 2026 was ₺81,445 Mil. Ulker Biskuvinayi AS's EBIT for the trailing twelve months (TTM) ended in Jun. 2026 was ₺11,742 Mil. Ulker Biskuvinayi AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 14.42%.


Ulker Biskuvinayi AS  (IST:ULKER) 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) %.

Ulker Biskuvinayi 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 )
=11741.894/81445.3128
=14.42 %

Ulker Biskuvinayi AS's Enterprise Value for the quarter that ended in Jun. 2026 was ₺81,445 Mil.
Ulker Biskuvinayi 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 ₺11,742 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.


Ulker Biskuvinayi AS EV-to-EBIT Related Terms


Ulker Biskuvinayi AS EV-to-EBIT Historical Data

* Premium members only.

The historical data trend for Ulker Biskuvinayi 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.

Ulker Biskuvinayi AS EV-to-EBIT Chart

Ulker Biskuvinayi 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 21.93 7.47 4.76 3.63 6.20

Ulker Biskuvinayi 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 4.34 4.39 6.20 6.96 6.94

IST:ULKER vs MDLZ, HSY, TR: EV-to-EBIT Comparison

For the Confectioners subindustry, Ulker Biskuvinayi 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.


Ulker Biskuvinayi AS EV-to-EBIT vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Ulker Biskuvinayi AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Ulker Biskuvinayi AS's EV-to-EBIT falls into.


IST:ULKER
89GF Score
Ulker Biskuvi Sanayi AS IST:ULKER
EV-to-EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ulker Biskuvinayi AS EV-to-EBIT Calculation

Ulker Biskuvinayi AS's EV-to-EBIT for today is calculated as:

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=78989.614/11741.894
=6.73

Ulker Biskuvinayi AS's current Enterprise Value is ₺78,990 Mil.
Ulker Biskuvinayi 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 ₺11,742 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 6.73 mean?
Ulker Biskuvinayi AS (IST:ULKER) has a EV-to-EBIT of 6.73 as of Aug. 28, 2026. EV to EBIT ratio is the inverse of Joel Greenblatt's earnings yield definition. View historical data on Ulker Biskuvinayi AS and its competitors. This is 18% above median its historical median of 5.71. According to the industry distribution chart, Ulker Biskuvinayi AS ranks #330 out of 1565 companies in the Consumer Packaged Goods industry, placing it in the top 21.1%.
Is Ulker Biskuvinayi AS's EV-to-EBIT too high?
Ulker Biskuvinayi AS's current EV-to-EBIT of 6.73 is 18% above median its 10-year median of 5.71. The Consumer Packaged Goods industry median EV-to-EBIT is 12.33. Ulker Biskuvinayi AS's value of 6.73 is 45.4% below this industry median. Based on the distribution chart, Ulker Biskuvinayi AS ranks #330 out of 1565 companies in the Consumer Packaged Goods industry, which is in the top quartile — a strong position relative to peers. Overall, Ulker Biskuvinayi AS has a GF Score™ of 89/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Ulker Biskuvinayi AS's EV-to-EBIT compare to MDLZ and HSY?
According to the Consumer Packaged Goods industry distribution chart, Ulker Biskuvinayi AS ranks #330 out of 1565 companies for EV-to-EBIT. This places Ulker Biskuvinayi AS in the top 21% of its industry — outperforming the majority of peers. The industry median EV-to-EBIT is 12.33. Ulker Biskuvinayi AS's value of 6.73 is 45.4% below this benchmark. While the company's 10-year median is 5.71 vs. the industry median of 12.33, Ulker Biskuvinayi AS has consistently been below 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 Consumer Packaged Goods company?
The median EV-to-EBIT among Consumer Packaged Goods companies is 12.33, based on 1,565 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. Ulker Biskuvinayi AS's current EV-to-EBIT of 6.73 is 45.4% below 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 Ulker Biskuvinayi AS and its competitors. For the Consumer Packaged Goods industry, the median EV-to-EBIT is 12.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ulker Biskuvinayi AS's current EV-to-EBIT is 6.73, which is 18% above median its own 10-year median of 5.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ulker Biskuvinayi AS stock overvalued right now?
Based on GuruFocus' analysis, Ulker Biskuvinayi AS (IST:ULKER) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺129.07, compared to a current price of ₺92.65 — trading 28.2% below its estimated fair value. The current EV-to-EBIT is 6.73, which is 18% above median its 10-year median of 5.71 and 45.4% below the Consumer Packaged Goods industry median of 12.33. Ulker Biskuvinayi AS's overall GF Score™ is 89/100 with 7 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 Ulker Biskuvinayi AS (IST:ULKER), the current EV-to-EBIT is 6.73 as of Aug. 28, 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 Ulker Biskuvinayi AS (IST:ULKER) Overvalued in 2026?

Based on GuruFocus' analysis, Ulker Biskuvinayi AS stock appears to be undervalued. The current stock price of ₺92.65 is trading 28.2% below its estimated GF Value™ of ₺129.07. GuruFocus considers Ulker Biskuvinayi AS to be Modestly Undervalued.

Key valuation signals for IST:ULKER:

  • EV-to-EBIT: 6.73 (18% above median its 10-year median of 5.71)
  • GF Value™: ₺129.07 vs. price of ₺92.65 (28.2% below fair value)
  • GF Score™: 89/100 with 7 warning signs
  • Industry Position: 45.4% below the Consumer Packaged Goods median (#330 of 1565)

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


Ulker Biskuvinayi AS Business Description

Other Exchanges UELKY:USA
Address Kysykly Mah. Ferah Cad. No:1, Buyuk Camlyca, Uskudar, Istanbul, TUR, 34692
Ulker Biskuvi Sanayi AS is engaged in manufacturing marketing, and sale of biscuits, chocolate-coated biscuits, wafers, cakes, and chocolate. The brands of the company include Ulker, Alpella, Albeni, Dido, Laviva, Cocostar, Godiva, Piko, Buklet, and others. Substantially all of the remaining revenue is from cake sales. The company earns majority of its revenue from domestic market.
89GF Score

Get the complete analysis for IST:ULKER

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

₺92.65
Price
₺129.07
GF Value