Bossa Ticaret VEnayi Isletmeleri TAS (IST:BOSSA) Operating Income: ₺675 Mil (TTM As of Mar. 2026)


IST:BOSSA Bossa Ticaret VE Sanayi Isletmeleri TAS IST:BOSSA
59 GF Score
Price ₺6.26
GF Value ₺4.82
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Bossa Ticaret VEnayi Isletmeleri TAS Operating Income?

Bossa Ticaret VEnayi Isletmeleri TAS IST:BOSSA -0.79% 59 Operating Income is ₺675 Mil as of Mar. 2026. GuruFocus rates IST:BOSSA with a GF Score™ of 59/100 and a GF Value™ of ₺4.82 (Modestly Overvalued). The stock has 10 warning signs investors should review.

Bossa Ticaret VEnayi Isletmeleri TAS's Operating Income for the three months ended in Mar. 2026 was ₺111 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₺675 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Bossa Ticaret VEnayi Isletmeleri TAS's Operating Income for the three months ended in Mar. 2026 was ₺111 Mil. Bossa Ticaret VEnayi Isletmeleri TAS's Revenue for the three months ended in Mar. 2026 was ₺1,493 Mil. Therefore, Bossa Ticaret VEnayi Isletmeleri TAS's Operating Margin % for the quarter that ended in Mar. 2026 was 7.43%.

Warning Sign:

Bossa Ticaret VE Sanayi Isletmeleri TAS operating margin has been in a 5-year decline. The average rate of decline per year is -17.7%.

Bossa Ticaret VEnayi Isletmeleri TAS's 5-Year average Growth Rate for Operating Margin % was -17.70% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Bossa Ticaret VEnayi Isletmeleri TAS's annualized ROC % for the quarter that ended in Mar. 2026 was 0.35%. Bossa Ticaret VEnayi Isletmeleri TAS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.78%.


Bossa Ticaret VEnayi Isletmeleri TAS  (IST:BOSSA) Operating Income Explanation

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

Bossa Ticaret VEnayi Isletmeleri TAS'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 )
=443.748 * ( 1 - 88.69% )/( (13968.743 + 15121.864)/ 2 )
=50.1878988/14545.3035
=0.35 %

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))
=14927.075 - 494.968 - ( 463.364 - max(0, 2573.624 - 5014.789+463.364))
=13968.743

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))
=15948.409 - 466.133 - ( 360.412 - max(0, 2323.028 - 5115.108+360.412))
=15121.864

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

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

Bossa Ticaret VEnayi Isletmeleri TAS'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 )
=890.66/( ( (7177.087 + max(3939.304, 0)) + (7749.855 + max(4026.339, 0)) )/ 2 )
=890.66/( ( 11116.391 + 11776.194 )/ 2 )
=890.66/11446.2925
=7.78 %

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)
=(2045.485 + 2407.789 + 80.441) - (494.968 + 0 + 99.443)
=3939.304

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(1921.224 + 2633.345 + 84.217000000001) - (466.133 + 0 + 146.314)
=4026.339

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 %:

Bossa Ticaret VEnayi Isletmeleri TAS'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 )
=110.937/1492.891
=7.43 %

* 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.


Bossa Ticaret VEnayi Isletmeleri TAS Operating Income Related Terms


Bossa Ticaret VEnayi Isletmeleri TAS Operating Income Historical Data

* Premium members only.

The historical data trend for Bossa Ticaret VEnayi Isletmeleri TAS'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.

Bossa Ticaret VEnayi Isletmeleri TAS Operating Income Chart

Bossa Ticaret VEnayi Isletmeleri TAS 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 354.63 219.98 408.47 991.06 653.29

Bossa Ticaret VEnayi Isletmeleri TAS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 77.34 286.21 97.80 180.45 110.94
IST:BOSSA
59GF Score
Bossa Ticaret VE Sanayi Isletmeleri TAS IST:BOSSA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Bossa Ticaret VEnayi Isletmeleri TAS 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 ₺675 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 ₺675 Mil mean?
Bossa Ticaret VEnayi Isletmeleri TAS (IST:BOSSA) has a Operating Income of ₺675 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Bossa Ticaret VEnayi Isletmeleri TAS and its competitors.
Is Bossa Ticaret VEnayi Isletmeleri TAS's Operating Income too high?
Bossa Ticaret VEnayi Isletmeleri TAS's current Operating Income is ₺675 Mil. Overall, Bossa Ticaret VEnayi Isletmeleri TAS has a GF Score™ of 59/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Bossa Ticaret VEnayi Isletmeleri TAS's Operating Income compare to competitors?
Bossa Ticaret VEnayi Isletmeleri TAS's Operating Income of ₺675 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Operating Income depends on the Manufacturing - Apparel & Accessories 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 Bossa Ticaret VEnayi Isletmeleri TAS and its competitors. Bossa Ticaret VEnayi Isletmeleri TAS's current Operating Income is ₺675 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bossa Ticaret VEnayi Isletmeleri TAS stock overvalued right now?
Based on GuruFocus' analysis, Bossa Ticaret VEnayi Isletmeleri TAS (IST:BOSSA) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺4.82, compared to a current price of ₺6.26 — trading 29.9% above its estimated fair value. The current Operating Income is ₺675 Mil. Bossa Ticaret VEnayi Isletmeleri TAS's overall GF Score™ is 59/100 with 10 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 Bossa Ticaret VEnayi Isletmeleri TAS (IST:BOSSA), the current Operating Income is ₺675 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.

Is Bossa Ticaret VEnayi Isletmeleri TAS (IST:BOSSA) Overvalued in 2026?

Based on GuruFocus' analysis, Bossa Ticaret VEnayi Isletmeleri TAS stock appears to be overvalued. The current stock price of ₺6.26 is trading 29.9% above its estimated GF Value™ of ₺4.82. GuruFocus considers Bossa Ticaret VEnayi Isletmeleri TAS to be Modestly Overvalued.

Key valuation signals for IST:BOSSA:

  • Operating Income: ₺675 Mil
  • GF Value™: ₺4.82 vs. price of ₺6.26 (29.9% above fair value)
  • GF Score™: 59/100 with 10 warning signs

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


Bossa Ticaret VEnayi Isletmeleri TAS Business Description

Address Celal Bayar Bulvari No. 3, Haci Sabanci Organize Sanayi Bolgesi Acidere OSB Mahallesi, Adana, TUR, 01410
Bossa Ticaret VE Sanayi Isletmeleri TAS is a Turkish based company, engages in the manufacture, market, and sale of fabrics and textile products. Its products include denim and sportswear for formal and smart casual wear and shirting fabrics, including dyed, printed and yarn-dyed clothing and cotton, polyester, nylon, linen, silk and wool blends. It manufactures and markets its finished fabrics through spinning, weaving and dying processes and exports its products to domestic market and overseas market.
59GF Score

Get the complete analysis for IST:BOSSA

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

₺6.26
Price
₺4.82
GF Value