Ray Sigorta AS

Ray Sigorta AS EBIT

The EBIT of Ray Sigorta AS (RAYSG.E.IS) as of Nov 2, 2026 is 57.89 M TRY. In the previous year, EBIT was 9.90 M TRY — a change of 484.98% (higher).

EBIT

57.89 MTRY

YoY

484.98%

Last updated:

In 2019, Ray Sigorta AS's EBIT was 57.89 M TRY, a 484.98% increase from the 9.90 M TRY EBIT recorded in the previous year.

The Ray Sigorta AS EBIT history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

EBIT
Date
EBIT
Jan 1, 2012
2.89 M TRY
Jan 1, 2013
6.60 M TRY
Jan 1, 2014
3.64 M TRY
Jan 1, 2015
-23.07 M TRY
Jan 1, 2016
39.65 M TRY
Jan 1, 2017
15.87 M TRY
Jan 1, 2018
9.90 M TRY
Jan 1, 2019
57.89 M TRY
The Ray Sigorta AS EBIT history
YEAREBITYoY
57.89 MTRY+484.98%
9.90 MTRY-37.64%
15.87 MTRY-59.98%
39.65 MTRY-271.89%
-23.07 MTRY-733.91%
3.64 MTRY-44.86%
6.60 MTRY+128.77%
2.89 MTRY+266.12%
788,000.00TRY—

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Ray Sigorta AS Revenue

Ray Sigorta AS Revenue, EBIT, Net Income

  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Revenue
EBIT
Net Income
Details
Date
Revenue
EBIT
Net Income
Jan 1, 2018
504.95 M TRY
9.90 M TRY
28.39 M TRY
Jan 1, 2019
666.66 M TRY
57.89 M TRY
50.08 M TRY
Jan 1, 2020
813.93 M TRY
0.00 TRY
58.92 M TRY
Jan 1, 2021
1.19 B TRY
0.00 TRY
68.32 M TRY
Jan 1, 2022
2.13 B TRY
0.00 TRY
179.72 M TRY
Jan 1, 2023
5.99 B TRY
0.00 TRY
901.94 M TRY
Jan 1, 2024
14.72 B TRY
0.00 TRY
2.21 B TRY
Jan 1, 2025
31.74 B TRY
0.00 TRY
3.74 B TRY

Ray Sigorta AS Margins

Ray Sigorta AS stock margins

The Ray Sigorta AS margin analysis displays the gross margin, EBIT margin, as well as the profit margin of Ray Sigorta AS. The EBIT margin (EBIT/sales) indicates the percentage of sales that remains as operating profit. The profit margin shows the percentage of sales that remains for Ray Sigorta AS.
  • 3 Years

  • 5 Years

  • 10 Years

  • 25 Years

  • Max

Gross margin
EBIT margin
Profit margin
Details
Date
Gross margin
EBIT margin
Profit margin
Jan 1, 2018
21.66 %
1.96 %
5.62 %
Jan 1, 2019
33.44 %
8.68 %
7.51 %
Jan 1, 2020
33.44 %
0.00 %
7.24 %
Jan 1, 2021
33.44 %
0.00 %
5.72 %
Jan 1, 2022
33.44 %
0.00 %
8.43 %
Jan 1, 2023
33.44 %
0.00 %
15.06 %
Jan 1, 2024
33.44 %
0.00 %
15.03 %
Jan 1, 2025
33.44 %
0.00 %
11.77 %

Ray Sigorta AS Stock analysis

What does Ray Sigorta AS do? Ray Sigorta AS provides a wide range of insurance services including life, accident, fire, shipping, engineering, motor vehicle, travel, health, agricultural, home, workplace, transportation, and medical insurance. The company also offers specialized insurances such as aviation, legal protection, commodity marine/cargo, and hull insurances. It serves individual policyholders across segments like transportation, media, manufacturing, marketing, and distribution through 788 agencies, 64 bank branches, 59 brokers, 6 leasing points, and 818 contracted car service points in 73 provinces. As a 81.59%-owned subsidiary of TBIH Financial Services Group N.V., Ray Sigorta AS operates under the Vienna Insurance Group umbrella. The firm generates revenue by selling insurance plans to individual customers in various business segments. Its distribution network includes 788 agencies, 64 bank branches, 59 brokers, 6 leasing points, and 818 contracted car service points. These channels serve clients in transportation, media, manufacturing, marketing, and distribution sectors. The company's insurance products cover diverse risks from personal health to commercial operations, ensuring comprehensive coverage for its policyholders. Ray Sigorta AS's primary buyers are individual policyholders who purchase insurance plans for personal and business needs. The company's services are distributed through a vast network of 73 provinces with 1,908 contracted health institutions supporting medical insurance offerings. As a subsidiary of TBIH Financial Services Group N.V., it benefits from the broader Vienna Insurance Group's resources and market presence. Ray Sigorta AS is one of the most popular companies on Eulerpool.

EBIT Details

Analyzing Ray Sigorta AS's EBIT

Ray Sigorta AS's Earnings Before Interest and Taxes (EBIT) represents the company's operating profit. It is calculated by deducting all operating expenses, including the cost of goods sold (COGS) and operating expenses, from the total revenue, but before accounting for interest and taxes. It provides insights into the company’s operational profitability, excluding the impacts of financing and tax structures.

Year-to-Year Comparison

A yearly comparison of Ray Sigorta AS's EBIT can reveal trends in the company’s operational efficiency and profitability. An increase in EBIT over the years can indicate enhanced operational efficiency or growth in revenue, while a decrease might raise concerns about increased operating costs or declining sales.

Impact on Investments

Ray Sigorta AS's EBIT is a significant metric for investors. A positive EBIT suggests that the company is generating enough revenue to cover its operating expenses, an essential aspect for assessing the company’s financial health and stability. Investors closely monitor EBIT to gauge the company’s profitability and potential for future growth.

Interpreting EBIT Fluctuations

Fluctuations in Ray Sigorta AS’s EBIT can be due to variations in revenue, operating expenses, or both. An increasing EBIT indicates improved operational performance or increased sales, while a declining EBIT can signal rising operational costs or reduced revenue, prompting a need for strategic adjustments.

Frequently Asked Questions about Ray Sigorta AS stock

EBIT of Ray Sigorta AS is 57.89 M TRY in 2019.

EBIT of Ray Sigorta AS changed from 9.90 M TRY to 57.89 M TRY, representing a 484.98% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of EBIT Ray Sigorta AS since 2006 – with annual values, charts, and detailed analysis.

"Earnings before interest and taxes", abbreviated as EBIT, is also referred to as the operating result of a company. It is a key figure that allows the profit to be assessed over a specific period of time, usually a fiscal year. Taxes and interest are not deducted from EBIT, making it suitable for international comparisons of different companies.

Net income
+ Tax expense
+ Interest expense and other financial expenses
- Interest income and other financial income
= EBIT (operating profit)

EBIT's TRY is a key factor for investors. Changes in this metric can signal improving or deteriorating fundamentals, directly impacting the stock price. On Eulerpool, you can track EBIT's Ray Sigorta AS historically and in real time.

The sales revenue is important for evaluating a stock.

EBIT is an acronym for "Earnings Before Interest and Tax" and represents a company's gross profit before taxes and interest are deducted. The EBIT amount is often used as a metric to evaluate a company.

History

The EBIT was originally introduced in the 1940s when the US Internal Revenue Service (IRS) passed a new tax law. This law required companies to calculate their profit before deducting taxes and interest on loans (or "interest and taxes"). Since then, the EBIT has been used as one of the key financial indicators in evaluating a company.

Usage

The EBIT can be used to assess a company by comparing its financial results to a benchmark or a comparative value. The EBIT is also used to determine how much the company's shareholders will receive from its operating income.

Calculation

EBIT is calculated by deducting taxes and interest on loans from the company's net profit. This amount can be calculated in various ways, but the most common method is as follows:

EBIT = Net profit + interest and taxes

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Net profit of XYZ Co. = $1,000,000
Interest and taxes = $ 500,000
EBIT of XYZ Co. = $1,500,000

Application

The EBIT value is often used to determine and evaluate the financial stability of a company. The EBIT value can also be used to determine how much money a company can spend on investments or dividends.

Use of EBIT in stock investment

Investors use EBIT to determine if a stock is over- or undervalued. If a company has a high EBIT value, it may indicate that its stock is overvalued, as the profit it generates could be lower than what it would generate with a different stock.

Advantages of EBIT

EBIT is a helpful measure for determining the financial stability of a company. There are several advantages associated with using EBIT, such as:
- EBIT eliminates the impact of financing on the company's earnings.
- It is a useful measure for determining the profits that a company can distribute to its shareholders.
- It can be used to determine whether a stock is overvalued or undervalued.

Disadvantages of EBIT

There are also some disadvantages to using EBIT, such as:
- EBIT cannot be used as the sole measure to evaluate a company as it does not reflect the overall profit of the company.
- EBIT can be influenced by unforeseen events such as a tax increase.
- EBIT is not always a reliable indicator of a company's future profit development.

Conclusion

The EBIT is an important measure used to evaluate a company. It can be used to determine how much money a company can generate from its operational results and whether a stock is overvalued or undervalued. However, the EBIT also has some disadvantages as it does not reflect the overall profitability of a company and can be influenced by unforeseen events. Therefore, it is important to consider the EBIT in conjunction with other financial indicators to obtain a complete picture of the company.

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Income Statement — Ray Sigorta AS

All Key Metrics — Ray Sigorta AS