Brisa Bridgestonebanci Lastikn & Tic AS (IST:BRISA) Operating Income: ₺2,841 Mil (TTM As of Mar. 2026)

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IST:BRISA Brisa Bridgestone Sabanci Lastik San & Tic AS IST:BRISA
73 GF Score
Price ₺78.00
GF Value ₺89.24
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Brisa Bridgestonebanci Lastikn & Tic AS Operating Income?

Brisa Bridgestonebanci Lastikn & Tic AS IST:BRISA -2.68% 73 Operating Income is ₺2,841 Mil as of Mar. 2026. GuruFocus rates IST:BRISA with a GF Score™ of 73/100 and a GF Value™ of ₺89.24 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Brisa Bridgestonebanci Lastikn & Tic AS's Operating Income for the three months ended in Mar. 2026 was ₺348 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₺2,841 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Brisa Bridgestonebanci Lastikn & Tic AS's Operating Income for the three months ended in Mar. 2026 was ₺348 Mil. Brisa Bridgestonebanci Lastikn & Tic AS's Revenue for the three months ended in Mar. 2026 was ₺11,978 Mil. Therefore, Brisa Bridgestonebanci Lastikn & Tic AS's Operating Margin % for the quarter that ended in Mar. 2026 was 2.90%.

Warning Sign:

Brisa Bridgestone Sabanci Lastik San & Tic AS operating margin has been in a 5-year decline. The average rate of decline per year is -12.5%.

Brisa Bridgestonebanci Lastikn & Tic AS's 5-Year average Growth Rate for Operating Margin % was -12.50% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Brisa Bridgestonebanci Lastikn & Tic AS's annualized ROC % for the quarter that ended in Mar. 2026 was 0.21%. Brisa Bridgestonebanci Lastikn & Tic AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.19%.


Brisa Bridgestonebanci Lastikn & Tic AS  (IST:BRISA) Operating Income Explanation

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

Brisa Bridgestonebanci Lastikn & Tic 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 )
=1390.872 * ( 1 - 93.42% )/( (41171.59 + 44991.649)/ 2 )
=91.5193776/43081.6195
=0.21 %

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))
=52025.527 - 9623.365 - ( 9966.41 - max(0, 23949.198 - 25179.77+9966.41))
=41171.59

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))
=56307.336 - 9808.48 - ( 9204.129 - max(0, 25446.511 - 26953.718+9204.129))
=44991.649

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

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

Brisa Bridgestonebanci Lastikn & Tic 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 )
=6958.148/( ( (24444.478 + max(4004.081, 0)) + (26627.008 + max(4944.939, 0)) )/ 2 )
=6958.148/( ( 28448.559 + 31571.947 )/ 2 )
=6958.148/30010.253
=23.19 %

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)
=(8125.919 + 6216.994 + 693.748) - (9623.365 + 0 + 1409.215)
=4004.081

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(10610.317 + 6157.477 + 773.584) - (9808.48 + 0 + 2787.959)
=4944.939

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 %:

Brisa Bridgestonebanci Lastikn & Tic 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 )
=347.718/11977.641
=2.90 %

* 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.


Brisa Bridgestonebanci Lastikn & Tic AS Operating Income Related Terms


Brisa Bridgestonebanci Lastikn & Tic AS Operating Income Historical Data

* Premium members only.

The historical data trend for Brisa Bridgestonebanci Lastikn & Tic 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.

Brisa Bridgestonebanci Lastikn & Tic AS Operating Income Chart

Brisa Bridgestonebanci Lastikn & Tic 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 1,388.85 2,779.48 4,688.87 5,607.11 4,151.09

Brisa Bridgestonebanci Lastikn & Tic AS 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 -409.17 -311.71 1,262.90 1,542.02 347.72
IST:BRISA
73GF Score
Brisa Bridgestone Sabanci Lastik San & Tic AS IST:BRISA
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Brisa Bridgestonebanci Lastikn & Tic 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 ₺2,841 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 ₺2,841 Mil mean?
Brisa Bridgestonebanci Lastikn & Tic AS (IST:BRISA) has a Operating Income of ₺2,841 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Brisa Bridgestonebanci Lastikn & Tic AS and its competitors.
Is Brisa Bridgestonebanci Lastikn & Tic AS's Operating Income too high?
Brisa Bridgestonebanci Lastikn & Tic AS's current Operating Income is ₺2,841 Mil. Overall, Brisa Bridgestonebanci Lastikn & Tic AS has a GF Score™ of 73/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Brisa Bridgestonebanci Lastikn & Tic AS's Operating Income compare to ORLY and AZO?
Brisa Bridgestonebanci Lastikn & Tic AS's Operating Income of ₺2,841 Mil can be compared against companies in the Vehicles & Parts 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 Vehicles & Parts company?
A good Operating Income depends on the Vehicles & Parts 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 Brisa Bridgestonebanci Lastikn & Tic AS and its competitors. Brisa Bridgestonebanci Lastikn & Tic AS's current Operating Income is ₺2,841 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brisa Bridgestonebanci Lastikn & Tic AS stock overvalued right now?
Based on GuruFocus' analysis, Brisa Bridgestonebanci Lastikn & Tic AS (IST:BRISA) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺89.24, compared to a current price of ₺78.00 — trading 12.6% below its estimated fair value. The current Operating Income is ₺2,841 Mil. Brisa Bridgestonebanci Lastikn & Tic AS's overall GF Score™ is 73/100 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 Brisa Bridgestonebanci Lastikn & Tic AS (IST:BRISA), the current Operating Income is ₺2,841 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 Brisa Bridgestonebanci Lastikn & Tic AS (IST:BRISA) Overvalued in 2026?

Based on GuruFocus' analysis, Brisa Bridgestonebanci Lastikn & Tic AS stock appears to be undervalued. The current stock price of ₺78.00 is trading 12.6% below its estimated GF Value™ of ₺89.24. GuruFocus considers Brisa Bridgestonebanci Lastikn & Tic AS to be Modestly Undervalued.

Key valuation signals for IST:BRISA:

  • Operating Income: ₺2,841 Mil
  • GF Value™: ₺89.24 vs. price of ₺78.00 (12.6% below fair value)
  • GF Score™: 73/100 with 4 warning signs

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


Brisa Bridgestonebanci Lastikn & Tic AS Business Description

Address Sehit Lieutenant Ismail Moray Street, Kisikli Caddesi, No: 2/1 Altunizade, Istanbul, TUR, 34662
Brisa Bridgestone Sabanci Lastik San & Tic AS is engaged in manufacturing tyres under the brand names Bridgestone and Lassa. The company manufactures cars for passenger cars, light commercial vehicles, buses, trucks, tractors, and construction equipment. The other brands of the company are bandang, Dayton, Firestone, and kinesis.
73GF Score

Get the complete analysis for IST:BRISA

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

₺78.00
Price
₺89.24
GF Value