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

IST:MERIT Statistics

Total Valuation

IST:MERIT has a market cap or net worth of TRY 5.12 billion. The enterprise value is 5.11 billion.

Market Cap5.12B
Enterprise Value 5.11B

Important Dates

The next estimated earnings date is Monday, May 11, 2026.

Earnings Date May 11, 2026
Ex-Dividend Date Jun 16, 2025

Share Statistics

IST:MERIT has 336.60 million shares outstanding. The number of shares has increased by 1,100.00% in one year.

Current Share Class 336.59M
Shares Outstanding 336.60M
Shares Change (YoY) +1,100.00%
Shares Change (QoQ) n/a
Owned by Insiders (%) n/a
Owned by Institutions (%) 0.38%
Float 98.39M

Valuation Ratios

The trailing PE ratio is 6.79.

PE Ratio 6.79
Forward PE n/a
PS Ratio 15.75
PB Ratio 0.30
P/TBV Ratio 0.30
P/FCF Ratio 21.45
P/OCF Ratio 21.42
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 7.87, with an EV/FCF ratio of 21.42.

EV / Earnings 6.77
EV / Sales 15.73
EV / EBITDA 7.87
EV / EBIT 7.87
EV / FCF 21.42

Financial Position

The company has a current ratio of 3.14

Current Ratio 3.14
Quick Ratio 2.37
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 5.02% and return on invested capital (ROIC) is 1.03%.

Return on Equity (ROE) 5.02%
Return on Assets (ROA) 0.75%
Return on Invested Capital (ROIC) 1.03%
Return on Capital Employed (ROCE) 1.05%
Weighted Average Cost of Capital (WACC) 6.03%
Revenue Per Employee 12.99M
Profits Per Employee 30.20M
Employee Count25
Asset Turnover 0.02
Inventory Turnover n/a

Taxes

In the past 12 months, IST:MERIT has paid 48.94 million in taxes.

Income Tax 48.94M
Effective Tax Rate 6.09%

Stock Price Statistics

The stock price has increased by +26.46% in the last 52 weeks. The beta is 0.32, so IST:MERIT's price volatility has been lower than the market average.

Beta (5Y) 0.32
52-Week Price Change +26.46%
50-Day Moving Average 16.91
200-Day Moving Average 18.51
Relative Strength Index (RSI) 34.22
Average Volume (20 Days) 5,112,588

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:MERIT had revenue of TRY 324.83 million and earned 754.96 million in profits. Earnings per share was 2.24.

Revenue324.83M
Gross Profit 312.42M
Operating Income 181.21M
Pretax Income 803.90M
Net Income 754.96M
EBITDA 181.22M
EBIT 181.21M
Earnings Per Share (EPS) 2.24
Full Income Statement

Balance Sheet

The company has 6.50 million in cash and n/a in debt, with a net cash position of 6.50 million or 0.02 per share.

Cash & Cash Equivalents 6.50M
Total Debt n/a
Net Cash 6.50M
Net Cash Per Share 0.02
Equity (Book Value) 17.28B
Book Value Per Share 51.34
Working Capital 113.55M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 238.87 million and capital expenditures -303,025, giving a free cash flow of 238.56 million.

Operating Cash Flow 238.87M
Capital Expenditures -303,025
Depreciation & Amortization 13,353
Net Borrowing n/a
Free Cash Flow 238.56M
FCF Per Share 0.71
Full Cash Flow Statement

Margins

Gross margin is 96.18%, with operating and profit margins of 55.79% and 232.41%.

Gross Margin 96.18%
Operating Margin 55.79%
Pretax Margin 247.48%
Profit Margin 232.41%
EBITDA Margin 55.79%
EBIT Margin 55.79%
FCF Margin 73.44%

Dividends & Yields

This stock pays an annual dividend of 0.14, which amounts to a dividend yield of 0.92%.

Dividend Per Share 0.14
Dividend Yield 0.92%
Dividend Growth (YoY) 68.01%
Years of Dividend Growth 1
Payout Ratio 7.10%
Buyback Yield -1,100.00%
Shareholder Yield -1,099.08%
Earnings Yield 14.76%
FCF Yield 4.66%
Dividend Details

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 December 10, 2024. It was a forward split with a ratio of 12.

Last Split Date Dec 10, 2024
Split Type Forward
Split Ratio 12

Scores

IST:MERIT has an Altman Z-Score of 52.77 and a Piotroski F-Score of 6.

Altman Z-Score 52.77
Piotroski F-Score 6