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Aksa Akrilik Kimyanayii AS (IST:AKSA) EBIT : ₺3,159 Mil (TTM As of Mar. 2024)


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What is Aksa Akrilik Kimyanayii AS EBIT?

Aksa Akrilik Kimyanayii AS's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2024 was ₺1,153 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2024 was ₺3,159 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Aksa Akrilik Kimyanayii AS's annualized ROC % for the quarter that ended in Mar. 2024 was 12.34%. Aksa Akrilik Kimyanayii AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 31.02%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Aksa Akrilik Kimyanayii AS's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2024 was 8.29%.


Aksa Akrilik Kimyanayii AS EBIT Historical Data

The historical data trend for Aksa Akrilik Kimyanayii AS'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.

Aksa Akrilik Kimyanayii AS EBIT Chart

Aksa Akrilik Kimyanayii AS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 430.48 580.86 1,198.61 4,539.49 2,881.95

Aksa Akrilik Kimyanayii AS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
EBIT 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 1,146.72 556.28 1,062.16 388.06 1,152.95

Competitive Comparison of Aksa Akrilik Kimyanayii AS's EBIT

For the Textile Manufacturing subindustry, Aksa Akrilik Kimyanayii AS'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.


Aksa Akrilik Kimyanayii AS's EV-to-EBIT Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Aksa Akrilik Kimyanayii AS's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Aksa Akrilik Kimyanayii AS's EV-to-EBIT falls into.



Aksa Akrilik Kimyanayii AS 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 Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺3,159 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.


Aksa Akrilik Kimyanayii AS  (IST:AKSA) EBIT Explanation

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

Aksa Akrilik Kimyanayii AS's annualized ROC % for the quarter that ended in Mar. 2024 is calculated as:

ROC % (Q: Mar. 2024 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2023 ) + Invested Capital (Q: Mar. 2024 ))/ count )
=3586.476 * ( 1 - 33.53% )/( (18126.827 + 20521.259)/ 2 )
=2383.9305972/19324.043
=12.34 %

where

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))
=25001.684 - 3991.762 - ( 3445.109 - max(0, 6890.251 - 9773.346+3445.109))
=18126.827

Invested Capital(Q: Mar. 2024 )
=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))
=28914.997 - 6132.263 - ( 3986.983 - max(0, 9219.765 - 11481.24+3986.983))
=20521.259

Note: The Operating Income data used here is four times the quarterly (Mar. 2024) data.

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

Aksa Akrilik Kimyanayii AS's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2024 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2024 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2023  Q: Mar. 2024
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=4611.804/( ( (12731.25 + max(1837.035, 0)) + (14353.315 + max(810.605, 0)) )/ 2 )
=4611.804/( ( 14568.285 + 15163.92 )/ 2 )
=4611.804/14866.1025
=31.02 %

where Working Capital is:

Working Capital(Q: Dec. 2023 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(2345.114 + 3448.222 + 534.901) - (3991.762 + 0 + 499.44)
=1837.035

Working Capital(Q: Mar. 2024 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(3058.604 + 3745.411 + 689.711) - (6132.263 + 0 + 550.858)
=810.605

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2024) EBIT data.

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

Aksa Akrilik Kimyanayii AS's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2024 )
=3159.457/38088.720
=8.29 %

* 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.


Aksa Akrilik Kimyanayii AS EBIT Related Terms

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Aksa Akrilik Kimyanayii AS (IST:AKSA) Business Description

Traded in Other Exchanges
N/A
Address
Merkez Mahallesi Yalova, Kocaeli Yolu Caddesi Number 34 PK 114, Taskopru Ciftlikkoy, Yalova, TUR, 77602
Aksa Akrilik Kimya Sanayii AS is a manufacturer of textile, chemical, and other industrial products and raw materials, auxiliary materials and intermediate substances, artificial, synthetic omand natural fibers, carbon fibers, and polymers among others. It consists of three operating segments such as fibers, energy, and others. The company generates maximum revenue from the Fibers segment.

Aksa Akrilik Kimyanayii AS (IST:AKSA) Headlines

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