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Akfen Yenilenebilir Enerji (IST:AKFYE) EBIT : ₺4,425 Mil (TTM As of Dec. 2023)


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What is Akfen Yenilenebilir Enerji EBIT?

Akfen Yenilenebilir Enerji's earnings before interest and taxes (EBIT) for the three months ended in Dec. 2023 was ₺2,746 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Dec. 2023 was ₺4,425 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Akfen Yenilenebilir Enerji's annualized ROC % for the quarter that ended in Dec. 2023 was 58.37%. Akfen Yenilenebilir Enerji's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 46.31%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Akfen Yenilenebilir Enerji's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Dec. 2023 was 12.11%.


Akfen Yenilenebilir Enerji EBIT Historical Data

The historical data trend for Akfen Yenilenebilir Enerji's EBIT 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.

* Premium members only.

Akfen Yenilenebilir Enerji EBIT Chart

Akfen Yenilenebilir Enerji Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
-121.75 -92.21 707.79 -114.58 4,425.39

Akfen Yenilenebilir Enerji Quarterly Data
Dec19 Dec20 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1,951.84 257.09 510.08 912.58 2,745.64

Competitive Comparison of Akfen Yenilenebilir Enerji's EBIT

For the Utilities - Renewable subindustry, Akfen Yenilenebilir Enerji's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Akfen Yenilenebilir Enerji's EV-to-EBIT Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Akfen Yenilenebilir Enerji's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Akfen Yenilenebilir Enerji's EV-to-EBIT falls into.



Akfen Yenilenebilir Enerji EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺4,425 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.


Akfen Yenilenebilir Enerji  (IST:AKFYE) EBIT Explanation

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

Akfen Yenilenebilir Enerji's annualized ROC % for the quarter that ended in Dec. 2023 is calculated as:

ROC % (Q: Dec. 2023 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Sep. 2023 ) + Invested Capital (Q: Dec. 2023 ))/ count )
=11226.872 * ( 1 - -41.25% )/( (18786.122 + 35550.707)/ 2 )
=15857.9567/27168.4145
=58.37 %

where

Invested Capital(Q: Sep. 2023 )
=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))
=18396.205 - 309.93 - ( 162.786 - max(0, 2809.245 - 2109.398+162.786))
=18786.122

Invested Capital(Q: Dec. 2023 )
=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))
=34579.915 - 466.983 - ( 100.874 - max(0, 3142.385 - 1704.61+100.874))
=35550.707

Note: The Operating Income data used here is four times the quarterly (Dec. 2023) data.

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

Akfen Yenilenebilir Enerji's annualized ROC (Joel Greenblatt) % for the quarter that ended in Dec. 2023 is calculated as:

ROC (Joel Greenblatt) %(Q: Dec. 2023 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Sep. 2023  Q: Dec. 2023
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=10982.564/( ( (15276.685 + max(1444.145, 0)) + (29851.955 + max(862.759, 0)) )/ 2 )
=10982.564/( ( 16720.83 + 30714.714 )/ 2 )
=10982.564/23717.772
=46.31 %

where Working Capital is:

Working Capital(Q: Sep. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(330.66 + 0 + 1614.113) - (309.93 + 0 + 190.698)
=1444.145

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(467.668 + 1.131 + 1134.729) - (466.983 + 0 + 273.786)
=862.759

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Dec. 2023) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Akfen Yenilenebilir Enerji's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Dec. 2023 )
=4425.387/36542.805
=12.11 %

* 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.


Akfen Yenilenebilir Enerji EBIT Related Terms

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Akfen Yenilenebilir Enerji (IST:AKFYE) Business Description

Traded in Other Exchanges
N/A
Address
Turan Gunes Bulvar? Galip Erdem Caddesi, No:3, Ilkbahar Mahallesi, Cankaya, Ankara, TUR
Akfen Yenilenebilir Enerji operates as a renewable energy company. The company generates and trades electricity through renewable energy power plants such as hydroelectric power plant facilities, Solar Power Plants, and Wind Power Plants.

Akfen Yenilenebilir Enerji (IST:AKFYE) Headlines

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