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

IST:MERIT Statistics

Total Valuation

IST:MERIT has a market cap or net worth of TRY 6.61 billion. The enterprise value is 6.45 billion.

Market Cap	6.61B
Enterprise Value	6.45B

Important Dates

The next estimated earnings date is Friday, November 7, 2025.

Earnings Date	Nov 7, 2025
Ex-Dividend Date	Jun 16, 2025

Share Statistics

IST:MERIT has 336.60 million shares outstanding. The number of shares has decreased by -0.00% in one year.

Current Share Class	336.59M
Shares Outstanding	336.60M
Shares Change (YoY)	-0.00%
Shares Change (QoQ)	n/a
Owned by Insiders (%)	n/a
Owned by Institutions (%)	n/a
Float	101.86M

Valuation Ratios

The trailing PE ratio is 28.03.

PE Ratio	28.03
Forward PE	n/a
PS Ratio	39.32
PB Ratio	0.58
P/TBV Ratio	0.58
P/FCF Ratio	n/a
P/OCF Ratio	407.01
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	27.31
EV / Sales	38.32
EV / EBITDA	n/a
EV / EBIT	209.09
EV / FCF	n/a

Financial Position

The company has a current ratio of 13.34

Current Ratio	13.34
Quick Ratio	12.66
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	6,706.23

Financial Efficiency

Return on equity (ROE) is 2.33% and return on invested capital (ROIC) is 0.33%.

Return on Equity (ROE)	2.33%
Return on Assets (ROA)	0.33%
Return on Invested Capital (ROIC)	0.33%
Return on Capital Employed (ROCE)	0.46%
Revenue Per Employee	6.47M
Profits Per Employee	9.08M
Employee Count	25
Asset Turnover	0.02
Inventory Turnover	n/a

Taxes

Income Tax	-273.45M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has increased by +48.12% in the last 52 weeks. The beta is 0.53, so IST:MERIT's price volatility has been lower than the market average.

Beta (5Y)	0.53
52-Week Price Change	+48.12%
50-Day Moving Average	21.13
200-Day Moving Average	15.58
Relative Strength Index (RSI)	45.73
Average Volume (20 Days)	5,734,179

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 168.19 million and earned 235.99 million in profits. Earnings per share was 0.70.

Revenue	168.19M
Gross Profit	159.03M
Operating Income	52.93M
Pretax Income	-37.46M
Net Income	235.99M
EBITDA	n/a
EBIT	52.93M
Earnings Per Share (EPS)	0.70

Balance Sheet

The company has 168.65 million in cash and n/a in debt, giving a net cash position of 168.65 million or 0.50 per share.

Cash & Cash Equivalents	168.65M
Total Debt	n/a
Net Cash	168.65M
Net Cash Per Share	0.50
Equity (Book Value)	11.48B
Book Value Per Share	34.10
Working Capital	223.15M

Cash Flow

Operating Cash Flow	16.25M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 94.55%, with operating and profit margins of 31.47% and 140.31%.

Gross Margin	94.55%
Operating Margin	31.47%
Pretax Margin	-22.27%
Profit Margin	140.31%
EBITDA Margin	n/a
EBIT Margin	31.47%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.14, which amounts to a dividend yield of 0.71%.

Dividend Per Share	0.14
Dividend Yield	0.71%
Dividend Growth (YoY)	68.01%
Years of Dividend Growth	n/a
Payout Ratio	33.57%
Buyback Yield	0.00%
Shareholder Yield	0.75%
Earnings Yield	3.57%
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 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 123.34 and a Piotroski F-Score of 5.

Altman Z-Score	123.34
Piotroski F-Score	5