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 6.12 billion. The enterprise value is 6.11 billion.

Market Cap	6.12B
Enterprise Value	6.11B

Important Dates

The next estimated earnings date is Tuesday, August 19, 2025.

Earnings Date	Aug 19, 2025
Ex-Dividend Date	Jun 16, 2025

Share Statistics

IST:MERIT has 336.60 million shares outstanding. The number of shares has decreased by -0.07% in one year.

Current Share Class	336.59M
Shares Outstanding	336.60M
Shares Change (YoY)	-0.07%
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 23.77.

PE Ratio	23.77
Forward PE	n/a
PS Ratio	39.04
PB Ratio	0.57
P/TBV Ratio	0.57
P/FCF Ratio	n/a
P/OCF Ratio	213.97
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	23.76
EV / Sales	39.03
EV / EBITDA	n/a
EV / EBIT	107.36
EV / FCF	n/a

Financial Position

The company has a current ratio of 4.26

Current Ratio	4.26
Quick Ratio	4.14
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	n/a
Interest Coverage	4,584.59

Financial Efficiency

Return on equity (ROE) is 2.74% and return on invested capital (ROIC) is 0.46%.

Return on Equity (ROE)	2.74%
Return on Assets (ROA)	0.46%
Return on Invested Capital (ROIC)	0.46%
Return on Capital Employed (ROCE)	0.64%
Revenue Per Employee	6.03M
Profits Per Employee	9.90M
Employee Count	25
Asset Turnover	0.02
Inventory Turnover	n/a

Taxes

Income Tax	-275.79M
Effective Tax Rate	n/a

Stock Price Statistics

The stock price has decreased by -10.20% in the last 52 weeks. The beta is 0.46, so IST:MERIT's price volatility has been lower than the market average.

Beta (5Y)	0.46
52-Week Price Change	-10.20%
50-Day Moving Average	13.77
200-Day Moving Average	13.97
Relative Strength Index (RSI)	76.51
Average Volume (20 Days)	9,056,357

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 156.67 million and earned 257.35 million in profits. Earnings per share was 0.76.

Revenue	156.67M
Gross Profit	147.86M
Operating Income	69.34M
Pretax Income	-18.43M
Net Income	257.35M
EBITDA	n/a
EBIT	69.34M
Earnings Per Share (EPS)	0.76

Balance Sheet

The company has 1.46 million in cash and n/a in debt, giving a net cash position of 1.46 million or 0.00 per share.

Cash & Cash Equivalents	1.46M
Total Debt	n/a
Net Cash	1.46M
Net Cash Per Share	0.00
Equity (Book Value)	10.78B
Book Value Per Share	32.04
Working Capital	44.51M

Cash Flow

Operating Cash Flow	28.58M
Capital Expenditures	n/a
Free Cash Flow	n/a
FCF Per Share	n/a

Margins

Gross margin is 94.38%, with operating and profit margins of 44.26% and 164.27%.

Gross Margin	94.38%
Operating Margin	44.26%
Pretax Margin	-11.77%
Profit Margin	164.27%
EBITDA Margin	n/a
EBIT Margin	44.26%
FCF Margin	n/a

Dividends & Yields

This stock pays an annual dividend of 0.14, which amounts to a dividend yield of 0.77%.

Dividend Per Share	0.14
Dividend Yield	0.77%
Dividend Growth (YoY)	68.01%
Years of Dividend Growth	n/a
Payout Ratio	12.22%
Buyback Yield	0.07%
Shareholder Yield	0.83%
Earnings Yield	4.21%
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 154.4 and a Piotroski F-Score of 5.

Altman Z-Score	154.4
Piotroski F-Score	5