Best Brands Grup Enerji Yatirim AS (IST:BESTE) Tax Rate %: -16.62% (As of Dec. 2024)

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IST:BESTE Best Brands Grup Enerji Yatirim AS IST:BESTE
17 GF Score
Price ₺28.00
! 2 Warning Signs
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What is Best Brands Grup Enerji Yatirim AS Tax Rate %?

Best Brands Grup Enerji Yatirim AS IST:BESTE -0.36% 17 Tax Rate % is -16.62% as of Dec. 2024. GuruFocus rates IST:BESTE with a GF Score™ of 17/100. The stock has 2 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Best Brands Grup Enerji Yatirim AS's Tax Expense for the six months ended in Dec. 2024 was ₺-17.4 Mil. Best Brands Grup Enerji Yatirim AS's Pre-Tax Income for the six months ended in Dec. 2024 was ₺104.6 Mil. Therefore, Best Brands Grup Enerji Yatirim AS's Tax Rate % for the quarter that ended in Dec. 2024 was -16.62%.

Best Brands Grup Enerji Yatirim AS Tax Rate % Related Terms

Best Brands Grup Enerji Yatirim AS Tax Rate % Historical Data

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The historical data trend for Best Brands Grup Enerji Yatirim AS's Tax Rate % 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.

Best Brands Grup Enerji Yatirim AS Tax Rate % Chart

Best Brands Grup Enerji Yatirim AS Annual Data
Trend Dec22 Dec23 Dec24
Tax Rate %
-0.52 -39.48 -16.62

Best Brands Grup Enerji Yatirim AS Semi-Annual Data
Dec22 Dec23 Dec24
Tax Rate % -0.52 -39.48 -16.62
IST:BESTE
17GF Score
Best Brands Grup Enerji Yatirim AS IST:BESTE
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
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Best Brands Grup Enerji Yatirim AS Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Best Brands Grup Enerji Yatirim AS's Tax Rate % for the fiscal year that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2024 )/Pre-Tax Income (A: Dec. 2024 )
=-17.386/104.616
=-16.62 %

Best Brands Grup Enerji Yatirim AS's Tax Rate % for the quarter that ended in Dec. 2024 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2024 )/Pre-Tax Income (Q: Dec. 2024 )
=-17.386/104.616
=-16.62 %

* 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 Tax Rate % →
What does a Tax Rate % of -16.62% mean?
Best Brands Grup Enerji Yatirim AS (IST:BESTE) has a Tax Rate % of -16.62% as of Dec. 2024.
Is Best Brands Grup Enerji Yatirim AS's Tax Rate % too high?
Best Brands Grup Enerji Yatirim AS's current Tax Rate % is -16.62%. Overall, Best Brands Grup Enerji Yatirim AS has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Best Brands Grup Enerji Yatirim AS's Tax Rate % compare to competitors?
Best Brands Grup Enerji Yatirim AS's Tax Rate % of -16.62% 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 Tax Rate % for an Utilities - Independent Power Producers company?
A good Tax Rate % depends on the Utilities - Independent Power Producers industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Best Brands Grup Enerji Yatirim AS's current Tax Rate % is -16.62%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Best Brands Grup Enerji Yatirim AS stock overvalued right now?
Best Brands Grup Enerji Yatirim AS (IST:BESTE) has a current Tax Rate % of -16.62%. The current Tax Rate % is -16.62%. Best Brands Grup Enerji Yatirim AS's overall GF Score™ is 17/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Best Brands Grup Enerji Yatirim AS (IST:BESTE), the current Tax Rate % is -16.62% as of Dec. 2024. 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.

Best Brands Grup Enerji Yatirim AS Business Description

Address Ruzgarlibahce Mahallesi Sehit, Topcu Yzb. Sinan Eroglu, Caddesi No:6/2 , Kavacik, Beykoz, Istanbul, TUR
Best Brands Grup Enerji Yatirim AS is a renewable energy organization. The company is engaged in the establishment, commissioning, leasing, and participation in existing or future facilities, individuals, and businesses, as well as the production of electrical energy and the sale of the produced electrical energy and/or capacity to customers, both domestically and internationally. Its activities are carried out through its solar power plants are related to electricity generation.
17GF Score

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