Bastas Baskent Cimentonayi ve Ticaret AS (IST:BASCM) Operating Income: ₺906 Mil (TTM As of Dec. 2025)


IST:BASCM Bastas Baskent Cimento Sanayi ve Ticaret AS IST:BASCM
58 GF Score
Price ₺14.18
GF Value ₺16.12
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Bastas Baskent Cimentonayi ve Ticaret AS Operating Income?

Bastas Baskent Cimentonayi ve Ticaret AS IST:BASCM -0.07% 58 Operating Income is ₺906 Mil as of Dec. 2025. GuruFocus rates IST:BASCM with a GF Score™ of 58/100 and a GF Value™ of ₺16.12 (Modestly Undervalued). The stock has 2 warning signs investors should review.

Bastas Baskent Cimentonayi ve Ticaret AS's Operating Income for the six months ended in Dec. 2025 was ₺906 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was ₺906 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bastas Baskent Cimentonayi ve Ticaret AS's Operating Income for the six months ended in Dec. 2025 was ₺906 Mil. Bastas Baskent Cimentonayi ve Ticaret AS's Revenue for the six months ended in Dec. 2025 was ₺11,255 Mil. Therefore, Bastas Baskent Cimentonayi ve Ticaret AS's Operating Margin % for the quarter that ended in Dec. 2025 was 8.05%.

Bastas Baskent Cimentonayi 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. Bastas Baskent Cimentonayi ve Ticaret AS's annualized ROC % for the quarter that ended in Dec. 2025 was 9.12%. Bastas Baskent Cimentonayi ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2025 was 6.89%.


Bastas Baskent Cimentonayi ve Ticaret AS  (IST:BASCM) Operating Income Explanation

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

Bastas Baskent Cimentonayi 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: Dec. 2024 ) + Invested Capital (Q: Dec. 2025 ))/ count )
=905.75 * ( 1 - 20.18% )/( (7948.652 + 7912.723)/ 2 )
=722.96965/7930.6875
=9.12 %

where

Invested Capital(Q: Dec. 2024 )
=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))
=9659.671 - 1491.979 - ( 219.04 - max(0, 2006.245 - 3430.082+219.04))
=7948.652

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))
=9891.013 - 1631.138 - ( 347.152 - max(0, 1876.659 - 4047.374+347.152))
=7912.723

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

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

Bastas Baskent Cimentonayi 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: Dec. 2024  Q: Dec. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=510.621/( ( (5885.487 + max(1553.631, 0)) + (5507.051 + max(1871.106, 0)) )/ 2 )
=510.621/( ( 7439.118 + 7378.157 )/ 2 )
=510.621/7408.6375
=6.89 %

where Working Capital is:

Working Capital(Q: Dec. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2236.848 + 898.345 + 71.599) - (1491.979 + 0 + 161.182)
=1553.631

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2568.17 + 1002.003 + 126.189) - (1631.138 + 0 + 194.118)
=1871.106

When net working capital is negative, 0 is used.

Note: The EBIT data used here is one times the annual (Dec. 2025) EBIT data.

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

Bastas Baskent Cimentonayi 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 )
=905.75/11254.603
=8.05 %

* 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.


Bastas Baskent Cimentonayi ve Ticaret AS Operating Income Related Terms


Bastas Baskent Cimentonayi ve Ticaret AS Operating Income Historical Data

* Premium members only.

The historical data trend for Bastas Baskent Cimentonayi 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.

Bastas Baskent Cimentonayi ve Ticaret AS Operating Income Chart

Bastas Baskent Cimentonayi ve Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.75 379.06 1,167.60 264.22 905.75

Bastas Baskent Cimentonayi ve Ticaret AS Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 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 Premium Member Only Premium Member Only Premium Member Only 3.75 379.06 1,167.60 264.22 905.75
IST:BASCM
58GF Score
Bastas Baskent Cimento Sanayi ve Ticaret AS IST:BASCM
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Bastas Baskent Cimentonayi 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.

For stock reported annually, GuruFocus uses latest annual data as the TTM data. Operating Income for the trailing twelve months (TTM) ended in Dec. 2025 was ₺906 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 ₺906 Mil mean?
Bastas Baskent Cimentonayi ve Ticaret AS (IST:BASCM) has a Operating Income of ₺906 Mil as of Dec. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Bastas Baskent Cimentonayi ve Ticaret AS and its competitors.
Is Bastas Baskent Cimentonayi ve Ticaret AS's Operating Income too high?
Bastas Baskent Cimentonayi ve Ticaret AS's current Operating Income is ₺906 Mil. Overall, Bastas Baskent Cimentonayi ve Ticaret AS has a GF Score™ of 58/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bastas Baskent Cimentonayi ve Ticaret AS's Operating Income compare to CRH and VMC?
Bastas Baskent Cimentonayi ve Ticaret AS's Operating Income of ₺906 Mil can be compared against companies in the Building Materials 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 a Building Materials company?
A good Operating Income depends on the Building Materials 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 Bastas Baskent Cimentonayi ve Ticaret AS and its competitors. Bastas Baskent Cimentonayi ve Ticaret AS's current Operating Income is ₺906 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bastas Baskent Cimentonayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Bastas Baskent Cimentonayi ve Ticaret AS (IST:BASCM) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺16.12, compared to a current price of ₺14.18 — trading 12% below its estimated fair value. The current Operating Income is ₺906 Mil. Bastas Baskent Cimentonayi ve Ticaret AS's overall GF Score™ is 58/100 with 2 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 Bastas Baskent Cimentonayi ve Ticaret AS (IST:BASCM), the current Operating Income is ₺906 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.

Is Bastas Baskent Cimentonayi ve Ticaret AS (IST:BASCM) Overvalued in 2026?

Based on GuruFocus' analysis, Bastas Baskent Cimentonayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺14.18 is trading 12% below its estimated GF Value™ of ₺16.12. GuruFocus considers Bastas Baskent Cimentonayi ve Ticaret AS to be Modestly Undervalued.

Key valuation signals for IST:BASCM:

  • Operating Income: ₺906 Mil
  • GF Value™: ₺16.12 vs. price of ₺14.18 (12% below fair value)
  • GF Score™: 58/100 with 2 warning signs

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


Bastas Baskent Cimentonayi ve Ticaret AS Business Description

Address Ankara-Samsun Karayolu 35. Km. Elmadag, Ankara, TUR, 06780
Bastas Baskent Cimento Sanayi ve Ticaret AS is engaged in manufacturing building products. Its products include cement, Lime, ready-mix concrete, all kinds of pipe and stones, among others.
58GF Score

Get the complete analysis for IST:BASCM

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

₺14.18
Price
₺16.12
GF Value