SDT Uzay Vevunma Teknolojeleri (IST:SDTTR) Operating Income: ₺329 Mil (TTM As of Mar. 2026)

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IST:SDTTR SDT Uzay Ve Savunma Teknolojeleri IST:SDTTR
88 GF Score
Price ₺246.80
GF Value ₺271.42
Valuation Fairly Valued
! 8 Warning Signs
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What is SDT Uzay Vevunma Teknolojeleri Operating Income?

SDT Uzay Vevunma Teknolojeleri IST:SDTTR +2.11% 88 Operating Income is ₺329 Mil as of Mar. 2026. GuruFocus rates IST:SDTTR with a GF Score™ of 88/100 and a GF Value™ of ₺271.42 (Fairly Valued). The stock has 8 warning signs investors should review.

SDT Uzay Vevunma Teknolojeleri's Operating Income for the three months ended in Mar. 2026 was ₺114 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₺329 Mil.

Warning Sign:

SDT Uzay Ve Savunma Teknolojeleri 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. SDT Uzay Vevunma Teknolojeleri's Operating Income for the three months ended in Mar. 2026 was ₺114 Mil. SDT Uzay Vevunma Teknolojeleri's Revenue for the three months ended in Mar. 2026 was ₺507 Mil. Therefore, SDT Uzay Vevunma Teknolojeleri's Operating Margin % for the quarter that ended in Mar. 2026 was 22.55%.

Warning Sign:

SDT Uzay Ve Savunma Teknolojeleri operating margin has been in a 5-year decline. The average rate of decline per year is -20.4%.

SDT Uzay Vevunma Teknolojeleri's 5-Year average Growth Rate for Operating Margin % was -20.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. SDT Uzay Vevunma Teknolojeleri's annualized ROC % for the quarter that ended in Mar. 2026 was 2.63%. SDT Uzay Vevunma Teknolojeleri's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 20.05%.


SDT Uzay Vevunma Teknolojeleri  (IST:SDTTR) Operating Income Explanation

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

SDT Uzay Vevunma Teknolojeleri'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 )
=457.268 * ( 1 - 78.52% )/( (3460.494 + 4019.028)/ 2 )
=98.2211664/3739.761
=2.63 %

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))
=4149.455 - 330.231 - ( 358.73 - max(0, 1542.522 - 2744.704+358.73))
=3460.494

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))
=4529.098 - 349.72 - ( 160.35 - max(0, 1601.31 - 2800.883+160.35))
=4019.028

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

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

SDT Uzay Vevunma Teknolojeleri'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 )
=397.08/( ( (773.344 + max(933.103, 0)) + (1066.604 + max(1188.151, 0)) )/ 2 )
=397.08/( ( 1706.447 + 2254.755 )/ 2 )
=397.08/1980.601
=20.05 %

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)
=(339.64 + 1524.483 + 165.989) - (330.231 + 0 + 766.778)
=933.103

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(262.212 + 1791.994 + 229.214) - (349.72 + 0 + 745.549)
=1188.151

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 %:

SDT Uzay Vevunma Teknolojeleri'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 )
=114.317/506.841
=22.55 %

* 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.


SDT Uzay Vevunma Teknolojeleri Operating Income Related Terms


SDT Uzay Vevunma Teknolojeleri Operating Income Historical Data

* Premium members only.

The historical data trend for SDT Uzay Vevunma Teknolojeleri'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.

SDT Uzay Vevunma Teknolojeleri Operating Income Chart

SDT Uzay Vevunma Teknolojeleri Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Income
Get a 7-Day Free Trial 141.16 241.93 448.80 274.08 216.49

SDT Uzay Vevunma Teknolojeleri Quarterly Data
Dec19 Dec20 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 -7.67 64.95 196.72 -47.39 114.32
IST:SDTTR
88GF Score
SDT Uzay Ve Savunma Teknolojeleri IST:SDTTR
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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SDT Uzay Vevunma Teknolojeleri 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 ₺329 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 ₺329 Mil mean?
SDT Uzay Vevunma Teknolojeleri (IST:SDTTR) has a Operating Income of ₺329 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on SDT Uzay Vevunma Teknolojeleri and its competitors.
Is SDT Uzay Vevunma Teknolojeleri's Operating Income too high?
SDT Uzay Vevunma Teknolojeleri's current Operating Income is ₺329 Mil. Overall, SDT Uzay Vevunma Teknolojeleri has a GF Score™ of 88/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SDT Uzay Vevunma Teknolojeleri's Operating Income compare to SPCX and GE?
SDT Uzay Vevunma Teknolojeleri's Operating Income of ₺329 Mil can be compared against companies in the Aerospace & Defense 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 Aerospace & Defense company?
A good Operating Income depends on the Aerospace & Defense 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 SDT Uzay Vevunma Teknolojeleri and its competitors. SDT Uzay Vevunma Teknolojeleri's current Operating Income is ₺329 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SDT Uzay Vevunma Teknolojeleri stock overvalued right now?
Based on GuruFocus' analysis, SDT Uzay Vevunma Teknolojeleri (IST:SDTTR) is currently considered Fairly Valued. The stock's GF Value™ is ₺271.42, compared to a current price of ₺246.80 — trading 9.1% below its estimated fair value. The current Operating Income is ₺329 Mil. SDT Uzay Vevunma Teknolojeleri's overall GF Score™ is 88/100 with 8 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 SDT Uzay Vevunma Teknolojeleri (IST:SDTTR), the current Operating Income is ₺329 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 SDT Uzay Vevunma Teknolojeleri (IST:SDTTR) Overvalued in 2026?

Based on GuruFocus' analysis, SDT Uzay Vevunma Teknolojeleri stock appears to be undervalued. The current stock price of ₺246.80 is trading 9.1% below its estimated GF Value™ of ₺271.42. GuruFocus considers SDT Uzay Vevunma Teknolojeleri to be Fairly Valued.

Key valuation signals for IST:SDTTR:

  • Operating Income: ₺329 Mil
  • GF Value™: ₺271.42 vs. price of ₺246.80 (9.1% below fair value)
  • GF Score™: 88/100 with 8 warning signs

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


SDT Uzay Vevunma Teknolojeleri Business Description

Address Yhsan Doyramacy Boulevard, No: 37, Universities Neighborhood, Interior Door No: 1 Cankaya, Ankara, TUR
SDT Uzay Ve Savunma Teknolojeleri operates as a defense sector company that develops domestic products and capabilities in R&D-based fields. It engages in producing defense electronics and software products. Its solutions consist of Radar, electronic warfare, and communication systems. It also engages in analyzing, designing, coding, and testing various software components, from embedded software to enterprise solutions.
88GF Score

Get the complete analysis for IST:SDTTR

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

₺246.80
Price
₺271.42
GF Value