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

Turkey · Delayed Price · Currency is TRY

15.63

+0.04 (0.26%)

Last updated: Sep 7, 2026, 2:02 PM GMT+3

IST:MERIT Ratios and Metrics

Market cap in millions TRY. Fiscal year is January - December.

Millions TRY. Fiscal year is Jan - Dec.

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	5,248	6,025	5,308	1,872	1,165	858
Market Cap Growth	-35.74%	13.51%	183.51%	60.69%	35.75%	302.15%
Enterprise Value	5,244	6,023	5,304	1,871	1,165	858
Last Close Price	15.59	17.90	15.59	5.48	3.32	2.44

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	7.53	7.98	11.35	15.39	74.91	220.17
PS Ratio	15.55	18.55	26.95	12.53	10.35	75.51
PB Ratio	0.26	0.35	0.42	0.31	0.46	0.94
P/TBV Ratio	0.26	0.35	0.42	0.31	0.46	0.94
P/FCF Ratio	17.44	25.26	76.05	31.63	108.92	65.88
P/OCF Ratio	17.42	25.22	76.05	31.63	108.92	65.88

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
EV/Sales Ratio	15.54	18.54	26.92	12.52	10.35	75.50
EV/EBITDA Ratio	-	33.23	-	-	24.89	164.22
EV/EBIT Ratio	8.82	33.24	54.37	24.74	24.89	164.22
EV/FCF Ratio	17.42	25.25	76.00	31.60	108.92	65.88

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Debt / Equity Ratio	0	0	0	0	0.00	0
Net Debt / EBITDA Ratio	-	-0.04	-	-	-0.05	-0.01
Net Debt / FCF Ratio	-0.02	-0.03	-0.02	-0.04	-0.21	0.00
Asset Turnover	0.02	0.02	0.02	0.03	0.06	0.02
Quick Ratio	4.48	2.37	2.28	1.50	2.49	1.55
Current Ratio	6.00	3.15	3.05	1.67	2.88	1.65
Return on Equity (ROE)	4.52%	5.02%	4.98%	2.86%	0.91%	0.81%
Return on Assets (ROA)	0.83%	0.75%	0.64%	1.05%	1.62%	0.65%
Return on Invested Capital (ROIC)	1.00%	1.13%	1.04%	1.78%	1.04%	0.81%
Return on Capital Employed (ROCE)	1.00%	1.00%	0.80%	1.20%	1.80%	0.50%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 4, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Earnings Yield	13.31%	12.53%	8.82%	6.50%	1.33%	0.45%
FCF Yield	5.73%	3.96%	1.31%	3.16%	0.92%	1.52%
Dividend Yield	6.41%	-	0.90%	1.52%	2.51%	-
Payout Ratio	-	7.10%	8.80%	47.59%	32.76%	-
Buyback Yield / Dilution	-	-	-	-	-147.08%	-345.20%
Total Shareholder Return	6.41%	-	0.90%	1.52%	-144.57%	-345.20%