IMAS Makinanayi Anonim Sirketi (IST:IMASM) Operating Income: ₺378 Mil (TTM As of Jun. 2025)


IST:IMASM IMAS Makina Sanayi Anonim Sirketi IST:IMASM
81 GF Score
Price ₺3.03
Valuation Significantly Undervalued
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What is IMAS Makinanayi Anonim Sirketi Operating Income?

IMAS Makinanayi Anonim Sirketi IST:IMASM +1.00% 81 Operating Income is ₺378 Mil as of Jun. 2025. GuruFocus rates IST:IMASM with a GF Score™ of 81/100 (Significantly Undervalued).

IMAS Makinanayi Anonim Sirketi's Operating Income for the three months ended in Jun. 2025 was ₺51 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Jun. 2025 was ₺378 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. IMAS Makinanayi Anonim Sirketi's Operating Income for the three months ended in Jun. 2025 was ₺51 Mil. IMAS Makinanayi Anonim Sirketi's Revenue for the three months ended in Jun. 2025 was ₺386 Mil. Therefore, IMAS Makinanayi Anonim Sirketi's Operating Margin % for the quarter that ended in Jun. 2025 was 13.27%.

IMAS Makinanayi Anonim Sirketi'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. IMAS Makinanayi Anonim Sirketi's annualized ROC % for the quarter that ended in Jun. 2025 was 5.33%. IMAS Makinanayi Anonim Sirketi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 was -6.78%.

IMAS Makinanayi Anonim Sirketi  (IST:IMASM) Operating Income Explanation

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

IMAS Makinanayi Anonim Sirketi's annualized ROC % for the quarter that ended in Jun. 2025 is calculated as:

ROC % (Q: Jun. 2025 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Mar. 2025 ) + Invested Capital (Q: Jun. 2025 ))/ count )
=204.832 * ( 1 - 5.9% )/( (3519.048 + 3713.412)/ 2 )
=192.746912/3616.23
=5.33 %

where

Invested Capital(Q: Mar. 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))
=4037.807 - 482.556 - ( 36.203 - max(0, 939.882 - 1484.076+36.203))
=3519.048

Invested Capital(Q: Jun. 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))
=4378.29 - 534.109 - ( 130.769 - max(0, 1126.101 - 1677.996+130.769))
=3713.412

Note: The Operating Income data used here is four times the quarterly (Jun. 2025) data.

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

IMAS Makinanayi Anonim Sirketi's annualized ROC (Joel Greenblatt) % for the quarter that ended in Jun. 2025 is calculated as:

ROC (Joel Greenblatt) %(Q: Jun. 2025 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Mar. 2025  Q: Jun. 2025
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=-175.868/( ( (2048.505 + max(531.245, 0)) + (2148.064 + max(462.893, 0)) )/ 2 )
=-175.868/( ( 2579.75 + 2610.957 )/ 2 )
=-175.868/2595.3535
=-6.78 %

where Working Capital is:

Working Capital(Q: Mar. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(547.165 + 524.909 + 357.928) - (482.556 + 0 + 416.201)
=531.245

Working Capital(Q: Jun. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(595.133 + 591.788 + 355.808) - (534.109 + 0 + 545.727)
=462.893

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Jun. 2025) EBIT data.

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

IMAS Makinanayi Anonim Sirketi's Operating Margin % for the quarter that ended in Jun. 2025 is calculated as:

Operating Margin %=Operating Income (Q: Jun. 2025 )/Revenue (Q: Jun. 2025 )
=51.208/385.85
=13.27 %

* 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.

IMAS Makinanayi Anonim Sirketi Operating Income Related Terms

IMAS Makinanayi Anonim Sirketi Operating Income Historical Data

* Premium members only.

The historical data trend for IMAS Makinanayi Anonim Sirketi'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.

IMAS Makinanayi Anonim Sirketi Operating Income Chart

IMAS Makinanayi Anonim Sirketi Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Operating Income
Get a 7-Day Free Trial 29.23 25.95 127.24 234.61 374.86

IMAS Makinanayi Anonim Sirketi Quarterly Data
Dec19 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25
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 108.01 159.92 124.02 43.33 51.21
IST:IMASM
81GF Score
IMAS Makina Sanayi Anonim Sirketi IST:IMASM
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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IMAS Makinanayi Anonim Sirketi 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. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺378 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 ₺378 Mil mean?
IMAS Makinanayi Anonim Sirketi (IST:IMASM) has a Operating Income of ₺378 Mil as of Jun. 2025. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on IMAS Makinanayi Anonim Sirketi and its competitors.
Is IMAS Makinanayi Anonim Sirketi's Operating Income too high?
IMAS Makinanayi Anonim Sirketi's current Operating Income is ₺378 Mil. Overall, IMAS Makinanayi Anonim Sirketi has a GF Score™ of 81/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does IMAS Makinanayi Anonim Sirketi's Operating Income compare to GEV and ETN?
IMAS Makinanayi Anonim Sirketi's Operating Income of ₺378 Mil can be compared against companies in the Industrial Products 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 Industrial Products company?
A good Operating Income depends on the Industrial Products 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 IMAS Makinanayi Anonim Sirketi and its competitors. IMAS Makinanayi Anonim Sirketi's current Operating Income is ₺378 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is IMAS Makinanayi Anonim Sirketi stock overvalued right now?
Based on GuruFocus' analysis, IMAS Makinanayi Anonim Sirketi (IST:IMASM) is currently considered Significantly Undervalued. The current Operating Income is ₺378 Mil. IMAS Makinanayi Anonim Sirketi's overall GF Score™ is 81/100. 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 IMAS Makinanayi Anonim Sirketi (IST:IMASM), the current Operating Income is ₺378 Mil as of Jun. 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.

IMAS Makinanayi Anonim Sirketi Business Description

Address Buyukkayacik Mahallesi No 407 Street No: 8, Konya, TUR, 42250
IMAS Makina Sanayi Anonim Sirketi produces machinery and equipment with high quality and technology. It operates under the brands of Milleral in grain milling, Viteral in feed factories, Cuteral in the band saw industry, Steral in the steel construction industry and ProSupport in after-sales services.
81GF Score

Get the complete analysis for IST:IMASM

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

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