VBT Yazilim AS (IST:VBTYZ) Enterprise Value: ₺3,623 Mil (As of Jun. 25, 2026) ***


IST:VBTYZ VBT Yazilim AS IST:VBTYZ
83 GF Score
Price ₺28.00
GF Value ₺23.31
Valuation Modestly Overvalued
! 6 Warning Signs
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What is VBT Yazilim AS Enterprise Value?

VBT Yazilim AS IST:VBTYZ -2.10% 83 Enterprise Value is ₺3,623 Mil as of Jun. 25, 2026. GuruFocus rates IST:VBTYZ with a GF Score™ of 83/100 and a GF Value™ of ₺23.31 (Modestly Overvalued). The stock has 6 warning signs investors should review.

Think of Enterprise Value as the theoretical takeover price. It is more comprehensive than market capitalization (Market Cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

EV-to-EBIT is calculated as Enterprise Value divided by its EBIT. As of today, VBT Yazilim AS's Enterprise Value is ₺3,623 Mil. VBT Yazilim AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 was ₺321 Mil. Therefore, VBT Yazilim AS's EV-to-EBIT ratio for today is 11.27.

EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA. As of today, VBT Yazilim AS's Enterprise Value is ₺3,623 Mil. VBT Yazilim AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₺628 Mil. Therefore, VBT Yazilim AS's EV-to-EBITDA ratio for today is 5.77.

EV-to-Revenue is calculated as Enterprise Value divided by its Revenue. As of today, VBT Yazilim AS's Enterprise Value is ₺3,623 Mil. VBT Yazilim AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 was ₺2,474 Mil. Therefore, VBT Yazilim AS's EV-to-Revenue ratio for today is 1.46.

EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations. As of today, VBT Yazilim AS's Enterprise Value is ₺3,623 Mil. VBT Yazilim AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 was ₺334 Mil. Therefore, VBT Yazilim AS's EV-to-OCF ratio for today is 10.84.

EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow. As of today, VBT Yazilim AS's Enterprise Value is ₺3,623 Mil. VBT Yazilim AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 was ₺334 Mil. Therefore, VBT Yazilim AS's EV-to-FCF ratio for today is 10.85.

*** Please note that the current Enterprise Value is calculated using the current market capitalization and the most recently available financial data. If key financial fields—Long-Term Debt & Capital Lease Obligation and Short-Term Debt & Capital Lease Obligation—are recorded as null in the latest reporting period, our data vendor will default to using data from the prior period with valid entries.


VBT Yazilim AS  (IST:VBTYZ) Enterprise Value Explanation

When an investor buy a company, the investor needs to pay not only the common shares, he/she also needs to pay the shareholders of Preferred Stocks. He also assumes the debt of the company, and receives the cash on the company's balance sheet.

If a company has more cash than debt, the investor actually pays less than the Market Cap because he immediately owns the cash once the transaction goes through.

The market value of Preferred Stock needs to be added to the market value of common stocks in the calculation of Enterprise Value.

For the companies with the same Market Cap, the smaller the Enterprise Value is, the cheaper the company is.

Enterprise Value can be negative when the company's net cash is more than its Market Cap. In this case the investor is basically getting the company for free and get paid for that.

1. EV-to-EBIT is calculated as Enterprise Value divided by its EBIT.

VBT Yazilim AS's EV-to-EBIT for today is

EV-to-EBIT=Enterprise Value (Today)/EBIT (TTM)
=3622.694/321.389
=11.27

VBT Yazilim AS's current Enterprise Value is ₺3,623 Mil.
VBT Yazilim AS's EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺321 Mil.

2. EV-to-EBITDA is calculated as Enterprise Value divided by its EBITDA.

VBT Yazilim AS's EV-to-EBITDA for today is:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA(TTM)
=3622.694/627.618
=5.77

VBT Yazilim AS's current Enterprise Value is ₺3,623 Mil.
VBT Yazilim AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺628 Mil.

3. EV-to-Revenue is calculated as Enterprise Value divided by its Revenue.

VBT Yazilim AS's EV-to-Revenue for today is:

EV-to-Revenue=Enterprise Value (Today)/Revenue (TTM)
=3622.694/2473.852
=1.46

VBT Yazilim AS's current Enterprise Value is ₺3,623 Mil.
VBT Yazilim AS's Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺2,474 Mil.

4. EV-to-OCF is calculated as Enterprise Value divided by its Cash Flow from Operations.

VBT Yazilim AS's EV-to-OCF for today is:

EV-to-OCF=Enterprise Value (Today)/Cash Flow from Operations (TTM)
=3622.694/334.052
=10.84

VBT Yazilim AS's current Enterprise Value is ₺3,623 Mil.
VBT Yazilim AS's Cash Flow from Operations for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺334 Mil.

5. EV-to-FCF is calculated as Enterprise Value divided by its Free Cash Flow.

VBT Yazilim AS's EV-to-FCF for today is:

EV-to-FCF=Enterprise Value (Today)/Free Cash Flow (TTM)
=3622.694/333.937
=10.85

VBT Yazilim AS's current Enterprise Value is ₺3,623 Mil.
VBT Yazilim AS's Free Cash Flow for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺334 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.


VBT Yazilim AS Enterprise Value Related Terms


VBT Yazilim AS Enterprise Value Historical Data

* Premium members only.

The historical data trend for VBT Yazilim AS's Enterprise Value 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.

VBT Yazilim AS Enterprise Value Chart

VBT Yazilim AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Enterprise Value
Get a 7-Day Free Trial 328.21 1,117.29 2,738.68 3,594.11 2,320.64

VBT Yazilim AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Enterprise Value 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 2,838.71 3,084.41 2,856.21 2,320.64 2,560.33

IST:VBTYZ vs IBM, ACN, FISV: Enterprise Value Comparison

For the Information Technology Services subindustry, VBT Yazilim AS's Enterprise Value, along with its competitors' market caps and Enterprise Value 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.


VBT Yazilim AS Enterprise Value vs Software Industry

For the Software industry and Technology sector, VBT Yazilim AS's Enterprise Value distribution charts can be found below:

* The bar in red indicates where VBT Yazilim AS's Enterprise Value falls into.


IST:VBTYZ
83GF Score
VBT Yazilim AS IST:VBTYZ
Enterprise Value is just one metric. See GF Score™, valuation, warning signs, and more.
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VBT Yazilim AS Enterprise Value Calculation

Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash, cash equivalents, and marketable securities.

VBT Yazilim AS's Enterprise Value for the fiscal year that ended in Dec. 2025 is calculated as

VBT Yazilim AS's Enterprise Value for the quarter that ended in Mar. 2026 is calculated as

* 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 Enterprise Value →
What does a Enterprise Value of ₺3,623 Mil mean?
VBT Yazilim AS (IST:VBTYZ) has a Enterprise Value of ₺3,623 Mil as of Jun. 25, 2026. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on VBT Yazilim AS and its competitors.
Is VBT Yazilim AS's Enterprise Value too high?
VBT Yazilim AS's current Enterprise Value is ₺3,623 Mil. Overall, VBT Yazilim AS has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does VBT Yazilim AS's Enterprise Value compare to IBM and ACN?
VBT Yazilim AS's Enterprise Value of ₺3,623 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Enterprise Value for a Software company?
A good Enterprise Value depends on the Software industry context. However, Enterprise Value 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 Enterprise Value mean?
A high Enterprise Value can signal that a stock is expensive relative to its fundamentals. Enterprise value equals the sum of market cap, debt and preferred shares less cash and equivalents. View historical data on VBT Yazilim AS and its competitors. VBT Yazilim AS's current Enterprise Value is ₺3,623 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VBT Yazilim AS stock overvalued right now?
Based on GuruFocus' analysis, VBT Yazilim AS (IST:VBTYZ) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺23.31, compared to a current price of ₺28.00 — trading 20.1% above its estimated fair value. The current Enterprise Value is ₺3,623 Mil. VBT Yazilim AS's overall GF Score™ is 83/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Enterprise Value calculated?
Enterprise Value is calculated from a company's financial statements. For VBT Yazilim AS (IST:VBTYZ), the current Enterprise Value is ₺3,623 Mil as of Jun. 25, 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 VBT Yazilim AS (IST:VBTYZ) Overvalued in 2026?

Based on GuruFocus' analysis, VBT Yazilim AS stock appears to be overvalued. The current stock price of ₺28.00 is trading 20.1% above its estimated GF Value™ of ₺23.31. GuruFocus considers VBT Yazilim AS to be Modestly Overvalued.

Key valuation signals for IST:VBTYZ:

  • Enterprise Value: ₺3,623 Mil
  • GF Value™: ₺23.31 vs. price of ₺28.00 (20.1% above fair value)
  • GF Score™: 83/100 with 6 warning signs

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


VBT Yazilim AS Business Description

Address Icerenkoy Mh. Umut Sk. No:10-12, AND Plaza, K:13 D:57-60, Atasehir, Istanbul, TUR, 34752
VBT Yazilim AS is an information technology company. Its products include E-Transformation Applications, Energy and Utility Applications, Public Applications, Commercial Applications, Application Modernization, BMC Software, IBM, MICRO FOCUS, Jennifer. Its services include Outsource, Training, Consultancy Services, and Modernization.
83GF Score

Get the complete analysis for IST:VBTYZ

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

₺28.00
Price
₺23.31
GF Value