Mercan Kimya Sanayi Ve Ticaret Anonim Sirketi (IST:MERCN)

Total Valuation

IST:MERCN has a market cap or net worth of TRY 8.38 billion. The enterprise value is 9.00 billion.

Market Cap	8.38B
Enterprise Value	9.00B

Important Dates

The last earnings date was Friday, August 15, 2025.

Earnings Date	Aug 15, 2025
Ex-Dividend Date	Jun 2, 2025

Share Statistics

IST:MERCN has 190.37 million shares outstanding. The number of shares has decreased by -10.86% in one year.

Current Share Class	154.37M
Shares Outstanding	190.37M
Shares Change (YoY)	-10.86%
Shares Change (QoQ)	n/a
Owned by Insiders (%)	70.91%
Owned by Institutions (%)	n/a
Float	19.37M

Valuation Ratios

The trailing PE ratio is 93.08.

PE Ratio	93.08
Forward PE	n/a
PS Ratio	3.62
PB Ratio	4.03
P/TBV Ratio	4.21
P/FCF Ratio	n/a
P/OCF Ratio	n/a
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	100.02
EV / Sales	3.89
EV / EBITDA	32.58
EV / EBIT	45.69
EV / FCF	n/a

Financial Position

The company has a current ratio of 1.04, with a Debt / Equity ratio of 0.42.

Current Ratio	1.04
Quick Ratio	0.59
Debt / Equity	0.42
Debt / EBITDA	3.11
Debt / FCF	n/a
Interest Coverage	0.59

Financial Efficiency

Return on equity (ROE) is 4.54% and return on invested capital (ROIC) is 4.85%.

Return on Equity (ROE)	4.54%
Return on Assets (ROA)	4.24%
Return on Invested Capital (ROIC)	4.85%
Return on Capital Employed (ROCE)	9.41%
Revenue Per Employee	11.18M
Profits Per Employee	434,758
Employee Count	207
Asset Turnover	0.77
Inventory Turnover	4.74

Taxes

Income Tax	-22.60M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +206.06% in the last 52 weeks. The beta is 0.21, so IST:MERCN's price volatility has been lower than the market average.

Beta (5Y)	0.21
52-Week Price Change	+206.06%
50-Day Moving Average	34.20
200-Day Moving Average	20.56
Relative Strength Index (RSI)	59.81
Average Volume (20 Days)	10,324,589

Short Selling Information

Short Interest	n/a
Short Previous Month	n/a
Short % of Shares Out	n/a
Short % of Float	n/a
Short Ratio (days to cover)	n/a

Income Statement

In the last 12 months, IST:MERCN had revenue of TRY 2.31 billion and earned 89.99 million in profits. Earnings per share was 0.47.

Revenue	2.31B
Gross Profit	512.85M
Operating Income	203.94M
Pretax Income	59.33M
Net Income	89.99M
EBITDA	285.32M
EBIT	203.94M
Earnings Per Share (EPS)	0.47

Balance Sheet

The company has 249.13 million in cash and 882.04 million in debt, giving a net cash position of -632.91 million or -3.32 per share.

Cash & Cash Equivalents	249.13M
Total Debt	882.04M
Net Cash	-632.91M
Net Cash Per Share	-3.32
Equity (Book Value)	2.08B
Book Value Per Share	10.97
Working Capital	51.19M

Cash Flow

Operating Cash Flow	n/a
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 22.16%, with operating and profit margins of 8.81% and 3.89%.

Gross Margin	22.16%
Operating Margin	8.81%
Pretax Margin	2.56%
Profit Margin	3.89%
EBITDA Margin	12.33%
EBIT Margin	8.81%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.05, which amounts to a dividend yield of 0.12%.

Dividend Per Share	0.05
Dividend Yield	0.12%
Dividend Growth (YoY)	-24.95%
Years of Dividend Growth	4
Payout Ratio	n/a
Buyback Yield	10.86%
Shareholder Yield	10.98%
Earnings Yield	1.07%
FCF Yield	n/a

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value
Lynch Upside
Graham Number
Graham Upside

Stock Splits

The last stock split was on September 29, 2023. It was a forward split with a ratio of 3.

Last Split Date	Sep 29, 2023
Split Type	Forward
Split Ratio	3

Scores

Altman Z-Score	n/a
Piotroski F-Score	3