Alves Kablonayi ve Ticaret AS (IST:ALVES) Operating Income: ₺1,891 Mil (TTM As of Dec. 2025)

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IST:ALVES Alves Kablo Sanayi ve Ticaret AS IST:ALVES
58 GF Score
Price ₺2.44
! 5 Warning Signs
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What is Alves Kablonayi ve Ticaret AS Operating Income?

Alves Kablonayi ve Ticaret AS IST:ALVES -0.41% 58 Operating Income is ₺1,891 Mil as of Dec. 2025. GuruFocus rates IST:ALVES with a GF Score™ of 58/100. The stock has 5 warning signs investors should review.

Alves Kablonayi ve Ticaret AS's Operating Income for the three months ended in Dec. 2025 was ₺820 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was ₺1,891 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Alves Kablonayi ve Ticaret AS's Operating Income for the three months ended in Dec. 2025 was ₺820 Mil. Alves Kablonayi ve Ticaret AS's Revenue for the three months ended in Dec. 2025 was ₺2,544 Mil. Therefore, Alves Kablonayi ve Ticaret AS's Operating Margin % for the quarter that ended in Dec. 2025 was 32.23%.

Alves Kablonayi ve Ticaret AS's 5-Year average Growth Rate for Operating Margin % was 0.00% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Alves Kablonayi ve Ticaret AS's annualized ROC % for the quarter that ended in Dec. 2025 was 11.70%. Alves Kablonayi ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 48.57%.

Alves Kablonayi ve Ticaret AS  (IST:ALVES) Operating Income Explanation

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

Alves Kablonayi ve Ticaret AS's annualized ROC % for the quarter that ended in Dec. 2025 is calculated as:

ROC % (Q: Dec. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2025 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=3280.016 * ( 1 - 78.86% )/( (5572.912 + 6278.253)/ 2 )
=693.3953824/5925.5825
=11.70 %

where

Invested Capital(Q: Sep. 2025 )
=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))
=7022.764 - 1246.256 - ( 203.596 - max(0, 3928.599 - 4726.647+203.596))
=5572.912

Invested Capital(Q: Dec. 2025 )
=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))
=8053.94 - 1539.769 - ( 235.918 - max(0, 5220.116 - 6037.788+235.918))
=6278.253

Note: The Operating Income data used here is four times the quarterly (Dec. 2025) data.

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

Alves Kablonayi ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2025  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2708.468/( ( (2207.85 + max(3092.049, 0)) + (1938.393 + max(3913.793, 0)) )/ 2 )
=2708.468/( ( 5299.899 + 5852.186 )/ 2 )
=2708.468/5576.0425
=48.57 %

where Working Capital is:

Working Capital(Q: Sep. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1879.036 + 1722.609 + 906.167) - (1246.256 + 0 + 169.507)
=3092.049

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1644.653 + 2930.526 + 1195.454) - (1539.769 + 0 + 317.071)
=3913.793

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2025) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Alves Kablonayi ve Ticaret AS's Operating Margin % for the quarter that ended in Dec. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=820.004/2543.976
=32.23 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.

Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.

Alves Kablonayi ve Ticaret AS Operating Income Related Terms

Alves Kablonayi ve Ticaret AS Operating Income Historical Data

* Premium members only.

The historical data trend for Alves Kablonayi ve Ticaret AS's Operating Income 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.

Alves Kablonayi ve Ticaret AS Operating Income Chart

Alves Kablonayi ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial 25.39 68.35 706.27 1,175.56 1,942.37

Alves Kablonayi ve Ticaret AS Quarterly Data
Dec20 Dec21 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Operating Income 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 376.92 132.96 534.32 403.94 820.00
IST:ALVES
58GF Score
Alves Kablo Sanayi ve Ticaret AS IST:ALVES
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Alves Kablonayi ve Ticaret AS Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,891 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 Operating Income →
What does a Operating Income of ₺1,891 Mil mean?
Alves Kablonayi ve Ticaret AS (IST:ALVES) has a Operating Income of ₺1,891 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Alves Kablonayi ve Ticaret AS and its competitors.
Is Alves Kablonayi ve Ticaret AS's Operating Income too high?
Alves Kablonayi ve Ticaret AS's current Operating Income is ₺1,891 Mil. Overall, Alves Kablonayi ve Ticaret AS has a GF Score™ of 58/100, reflecting its overall financial health beyond just this single metric.
How does Alves Kablonayi ve Ticaret AS's Operating Income compare to VRT and BE?
Alves Kablonayi ve Ticaret AS's Operating Income of ₺1,891 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Industrial Products company?
A good Operating Income depends on the Industrial Products industry context. However, Operating Income 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 Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Alves Kablonayi ve Ticaret AS and its competitors. Alves Kablonayi ve Ticaret AS's current Operating Income is ₺1,891 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alves Kablonayi ve Ticaret AS stock overvalued right now?
Alves Kablonayi ve Ticaret AS (IST:ALVES) has a current Operating Income of ₺1,891 Mil. The current Operating Income is ₺1,891 Mil. Alves Kablonayi ve Ticaret AS's overall GF Score™ is 58/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Alves Kablonayi ve Ticaret AS (IST:ALVES), the current Operating Income is ₺1,891 Mil as of Dec. 2025. 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.

Alves Kablonayi ve Ticaret AS Business Description

Address Fatih Mahallesi Karatay, Cad. No: 6, Kahramankazan, Ankara, TUR, 06980
Alves Kablo Sanayi ve Ticaret AS is engaged in producing cable wires. The company is engaged in the production of all starting from the production of 8 mm electrolytic copper wire to 3 kilovolts energy cables. The products of the company include installation cables, underground cables, halogen-free cables, aluminum cables, solar cables, and others.
58GF Score

Get the complete analysis for IST:ALVES

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

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