Merit Turizm Yatirim ve Isletme Anonim Sirketi (IST:MERIT)

Turkey flag Turkey · Delayed Price · Currency is TRY
15.20
-0.32 (-2.06%)
At close: Mar 27, 2026
Market Cap5.12B +7.0%
Revenue (ttm)324.83M +64.9%
Net Income754.96M +61.4%
EPS2.24 -86.6%
Shares Out336.60M
PE Ratio6.79
Forward PEn/a
Dividend0.14 (0.92%)
Ex-Dividend DateJun 16, 2025
Volume2,357,625
Average Volume5,112,588
Open15.60
Previous Close15.52
Day's Range15.18 - 15.63
52-Week Range11.28 - 25.00
Beta0.32
RSI34.22
Earnings DateMay 11, 2026

About IST:MERIT

Merit Turizm Yatirim ve Isletme Anonim Sirketi, together with its subsidiaries, engages in the operation and management of hotels in Turkey and internationally. It operates hotels under the Merit Lefkoşa, Merit Crystal Cove, Merit Park, Merit Royal, Liman Hotel by Merit, Merit Royal Diamond Hotel, Merit Royal Gardens, Merit Starlit, and Merit Grand Mosta brands. The company was incorporated in 1988 and is based in Istanbul, Turkey. Merit Turizm Yatirim ve Isletme Anonim Sirketi operates as a subsidiary of Net Holding A.S. [Read more]

Founded 1988
Employees 25
Stock Exchange Istanbul Stock Exchange
Ticker Symbol MERIT
Full Company Profile

Financial Performance

In 2025, IST:MERIT's revenue was 324.83 million, an increase of 64.89% compared to the previous year's 197.00 million. Earnings were 754.96 million, an increase of 61.35%.

Financial Statements