Birlesim Grup Enerji Yatirimlari AS (IST:BIGEN) Operating Income: ₺368 Mil (TTM As of Mar. 2026)


IST:BIGEN Birlesim Grup Enerji Yatirimlari AS IST:BIGEN
15 GF Score
Price ₺98.00
! 4 Warning Signs
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What is Birlesim Grup Enerji Yatirimlari AS Operating Income?

Birlesim Grup Enerji Yatirimlari AS IST:BIGEN +6.52% 15 Operating Income is ₺368 Mil as of Mar. 2026. GuruFocus rates IST:BIGEN with a GF Score™ of 15/100. The stock has 4 warning signs investors should review.

Birlesim Grup Enerji Yatirimlari AS's Operating Income for the three months ended in Mar. 2026 was ₺25 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₺368 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Birlesim Grup Enerji Yatirimlari AS's Operating Income for the three months ended in Mar. 2026 was ₺25 Mil. Birlesim Grup Enerji Yatirimlari AS's Revenue for the three months ended in Mar. 2026 was ₺200 Mil. Therefore, Birlesim Grup Enerji Yatirimlari AS's Operating Margin % for the quarter that ended in Mar. 2026 was 12.46%.

Birlesim Grup Enerji Yatirimlari 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. Birlesim Grup Enerji Yatirimlari AS's annualized ROC % for the quarter that ended in Mar. 2026 was 1.22%. Birlesim Grup Enerji Yatirimlari AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 0.25%.

Birlesim Grup Enerji Yatirimlari AS  (IST:BIGEN) Operating Income Explanation

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

Birlesim Grup Enerji Yatirimlari AS's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=99.58 * ( 1 - 7.98% )/( (7240.484 + 7823.589)/ 2 )
=91.633516/7532.0365
=1.22 %

where

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))
=6998.978 - 331.94 - ( 311.18 - max(0, 1104.797 - 531.351+311.18))
=7240.484

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))
=7425.127 - 326.932 - ( 298.085 - max(0, 1309.925 - 584.531+298.085))
=7823.589

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

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

Birlesim Grup Enerji Yatirimlari AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=15.084/( ( (5998.853 + max(-136.11, 0)) + (6134.67 + max(-119.261, 0)) )/ 2 )
=15.084/( ( 5998.853 + 6134.67 )/ 2 )
=15.084/6066.7615
=0.25 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(101.424 + 0 + 102.226) - (331.94 + 0 + 7.8199999999999)
=-136.11

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(163.747 + 0 + 98.218) - (326.932 + 0 + 54.294)
=-119.261

When net working capital is negative, 0 is used.

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

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

Birlesim Grup Enerji Yatirimlari AS's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=24.895/199.74
=12.46 %

* 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.

Birlesim Grup Enerji Yatirimlari AS Operating Income Related Terms

Birlesim Grup Enerji Yatirimlari AS Operating Income Historical Data

* Premium members only.

The historical data trend for Birlesim Grup Enerji Yatirimlari 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.

Birlesim Grup Enerji Yatirimlari AS Operating Income Chart

Birlesim Grup Enerji Yatirimlari AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
40.51 132.75 216.12 331.66 441.67

Birlesim Grup Enerji Yatirimlari AS Quarterly Data
Dec21 Dec22 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 98.95 125.78 128.29 88.65 24.90
IST:BIGEN
15GF Score
Birlesim Grup Enerji Yatirimlari AS IST:BIGEN
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Birlesim Grup Enerji Yatirimlari 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 Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺368 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 ₺368 Mil mean?
Birlesim Grup Enerji Yatirimlari AS (IST:BIGEN) has a Operating Income of ₺368 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Birlesim Grup Enerji Yatirimlari AS and its competitors.
Is Birlesim Grup Enerji Yatirimlari AS's Operating Income too high?
Birlesim Grup Enerji Yatirimlari AS's current Operating Income is ₺368 Mil. Overall, Birlesim Grup Enerji Yatirimlari AS has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Birlesim Grup Enerji Yatirimlari AS's Operating Income compare to competitors?
Birlesim Grup Enerji Yatirimlari AS's Operating Income of ₺368 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Operating Income depends on the Utilities - Independent Power Producers 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 Birlesim Grup Enerji Yatirimlari AS and its competitors. Birlesim Grup Enerji Yatirimlari AS's current Operating Income is ₺368 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Birlesim Grup Enerji Yatirimlari AS stock overvalued right now?
Birlesim Grup Enerji Yatirimlari AS (IST:BIGEN) has a current Operating Income of ₺368 Mil. The current Operating Income is ₺368 Mil. Birlesim Grup Enerji Yatirimlari AS's overall GF Score™ is 15/100 with 4 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 Birlesim Grup Enerji Yatirimlari AS (IST:BIGEN), the current Operating Income is ₺368 Mil as of Mar. 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.

Birlesim Grup Enerji Yatirimlari AS Business Description

Address Dudullu Organized Industrial Zone 1st Street, No: 3, Umraniye, Istanbul, TUR, 34776
Birlesim Grup Enerji Yatirimlari AS is engaged in producing energy. The company is engaged in energy sector with a particular focus on renewable energy.
15GF Score

Get the complete analysis for IST:BIGEN

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

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