Bien Yapi Urunlerinayi Turizm ve Ticaret AS (IST:BIENY) Operating Income: ₺1,211 Mil (TTM As of Jun. 2026)

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IST:BIENY Bien Yapi Urunleri Sanayi Turizm ve Ticaret AS IST:BIENY
65 GF Score
Price ₺19.83
GF Value ₺41.26
Valuation Possible Value Trap
! 9 Warning Signs
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What is Bien Yapi Urunlerinayi Turizm ve Ticaret AS Operating Income?

Bien Yapi Urunlerinayi Turizm ve Ticaret AS IST:BIENY -1.54% 65 Operating Income is ₺1,211 Mil as of Jun. 2026. GuruFocus rates IST:BIENY with a GF Score™ of 65/100 and a GF Value™ of ₺41.26 (Possible Value Trap). The stock has 9 warning signs investors should review.

Bien Yapi Urunlerinayi Turizm ve Ticaret AS's Operating Income for the three months ended in Jun. 2026 was ₺519 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2026 was ₺1,211 Mil.

Warning Sign:

Bien Yapi Urunleri Sanayi Turizm ve Ticaret AS has recorded a loss in operating income at least once over the past 3 years.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bien Yapi Urunlerinayi Turizm ve Ticaret AS's Operating Income for the three months ended in Jun. 2026 was ₺519 Mil. Bien Yapi Urunlerinayi Turizm ve Ticaret AS's Revenue for the three months ended in Jun. 2026 was ₺3,321 Mil. Therefore, Bien Yapi Urunlerinayi Turizm ve Ticaret AS's Operating Margin % for the quarter that ended in Jun. 2026 was 15.63%.

Warning Sign:

Bien Yapi Urunleri Sanayi Turizm ve Ticaret AS operating margin has been in a 5-year decline. The average rate of decline per year is -23.6%.

Bien Yapi Urunlerinayi Turizm ve Ticaret AS's 5-Year average Growth Rate for Operating Margin % was -23.60% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bien Yapi Urunlerinayi Turizm ve Ticaret AS's annualized ROC % for the quarter that ended in Jun. 2026 was 8.72%. Bien Yapi Urunlerinayi Turizm ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 was 12.06%.


Bien Yapi Urunlerinayi Turizm ve Ticaret AS  (IST:BIENY) Operating Income Explanation

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

Bien Yapi Urunlerinayi Turizm ve Ticaret AS's annualized ROC % for the quarter that ended in Jun. 2026 is calculated as:

ROC % (Q: Jun. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2026 ) + Invested Capital (Q: Jun. 2026 ))/ count )
=2075.465524 * ( 1 - 0% )/( (22494.997668 + 25086.215004)/ 2 )
=2075.465524/23790.606336
=8.72 %

where

Invested Capital(Q: Mar. 2026 )
=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))
=27477.240164 - 4104.691071 - ( 877.551425 - max(0, 11928.652454 - 13457.595134+877.551425))
=22494.997668

Invested Capital(Q: Jun. 2026 )
=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))
=28698.285842 - 3530.784161 - ( 81.286677 - max(0, 12676.096259 - 14362.166361+81.286677))
=25086.215004

Note: The Operating Income data used here is four times the quarterly (Jun. 2026) data.

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

Bien Yapi Urunlerinayi Turizm ve Ticaret AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2026  Q: Jun. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=2218.75254/( ( (12160.106851 + max(4730.538551, 0)) + (12826.139583 + max(7077.179812, 0)) )/ 2 )
=2218.75254/( ( 16890.645402 + 19903.319395 )/ 2 )
=2218.75254/18396.9823985
=12.06 %

where Working Capital is:

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(7083.121834 + 4854.279371 + 106.571186) - (4104.691071 + 1584.003871 + 1624.738898)
=4730.538551

Working Capital(Q: Jun. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(8607.725124 + 5131.502678 + 90.020378) - (3530.784161 + 1454.689387 + 1766.59482)
=7077.179812

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2026) EBIT data.

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

Bien Yapi Urunlerinayi Turizm ve Ticaret AS's Operating Margin % for the quarter that ended in Jun. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=518.866381/3320.661881
=15.63 %

* 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.


Bien Yapi Urunlerinayi Turizm ve Ticaret AS Operating Income Related Terms


Bien Yapi Urunlerinayi Turizm ve Ticaret AS Operating Income Historical Data

* Premium members only.

The historical data trend for Bien Yapi Urunlerinayi Turizm 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.

Bien Yapi Urunlerinayi Turizm ve Ticaret AS Operating Income Chart

Bien Yapi Urunlerinayi Turizm ve Ticaret AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial 785.67 1,888.34 737.64 366.87 1,058.22

Bien Yapi Urunlerinayi Turizm ve Ticaret AS Quarterly Data
Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 341.79 352.37 98.72 243.78 518.87
IST:BIENY
65GF Score
Bien Yapi Urunleri Sanayi Turizm ve Ticaret AS IST:BIENY
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Bien Yapi Urunlerinayi Turizm 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 Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺1,211 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 ₺1,211 Mil mean?
Bien Yapi Urunlerinayi Turizm ve Ticaret AS (IST:BIENY) has a Operating Income of ₺1,211 Mil as of Jun. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Bien Yapi Urunlerinayi Turizm ve Ticaret AS and its competitors.
Is Bien Yapi Urunlerinayi Turizm ve Ticaret AS's Operating Income too high?
Bien Yapi Urunlerinayi Turizm ve Ticaret AS's current Operating Income is ₺1,211 Mil. Overall, Bien Yapi Urunlerinayi Turizm ve Ticaret AS has a GF Score™ of 65/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bien Yapi Urunlerinayi Turizm ve Ticaret AS's Operating Income compare to TT and JCI?
Bien Yapi Urunlerinayi Turizm ve Ticaret AS's Operating Income of ₺1,211 Mil can be compared against companies in the Construction 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 Construction company?
A good Operating Income depends on the Construction 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 Bien Yapi Urunlerinayi Turizm ve Ticaret AS and its competitors. Bien Yapi Urunlerinayi Turizm ve Ticaret AS's current Operating Income is ₺1,211 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bien Yapi Urunlerinayi Turizm ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Bien Yapi Urunlerinayi Turizm ve Ticaret AS (IST:BIENY) is currently considered Possible Value Trap. The stock's GF Value™ is ₺41.26, compared to a current price of ₺19.83 — trading 51.9% below its estimated fair value. The current Operating Income is ₺1,211 Mil. Bien Yapi Urunlerinayi Turizm ve Ticaret AS's overall GF Score™ is 65/100 with 9 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 Bien Yapi Urunlerinayi Turizm ve Ticaret AS (IST:BIENY), the current Operating Income is ₺1,211 Mil as of Jun. 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 Bien Yapi Urunlerinayi Turizm ve Ticaret AS (IST:BIENY) Overvalued in 2026?

Based on GuruFocus' analysis, Bien Yapi Urunlerinayi Turizm ve Ticaret AS stock appears to be undervalued. The current stock price of ₺19.83 is trading 51.9% below its estimated GF Value™ of ₺41.26. GuruFocus considers Bien Yapi Urunlerinayi Turizm ve Ticaret AS to be Possible Value Trap.

Key valuation signals for IST:BIENY:

  • Operating Income: ₺1,211 Mil
  • GF Value™: ₺41.26 vs. price of ₺19.83 (51.9% below fair value)
  • GF Score™: 65/100 with 9 warning signs

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


Bien Yapi Urunlerinayi Turizm ve Ticaret AS Business Description

Address Billur Street No: 1/16, Barbaros Mah, ankaya, Ankara, TUR, 34660
Bien Yapi Urunleri Sanayi Turizm ve Ticaret AS manufactures and distributes building products. The company produces and markets a variety of ceramic tiles for wet areas, ceramic sanitary ware, faucets, concealed cisterns, bathroom accessories, and other related products.
65GF Score

Get the complete analysis for IST:BIENY

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

₺19.83
Price
₺41.26
GF Value