Merit Turizm Yatirim ve Isletme Anonim Sirketi (IST:MERIT)
Turkey flag Turkey · Delayed Price · Currency is TRY
16.00
-0.05 (-0.31%)
At close: May 26, 2026

IST:MERIT Statistics

Total Valuation

IST:MERIT has a market cap or net worth of TRY 5.39 billion. The enterprise value is 5.38 billion.

Market Cap5.39B
Enterprise Value 5.38B

Important Dates

The next estimated earnings date is Thursday, August 20, 2026.

Earnings Date Aug 20, 2026
Ex-Dividend Date Jun 16, 2025

Share Statistics

IST:MERIT has 336.60 million shares outstanding.

Current Share Class 336.59M
Shares Outstanding 336.60M
Shares Change (YoY) n/a
Shares Change (QoQ) n/a
Owned by Insiders (%) n/a
Owned by Institutions (%) 0.22%
Float 98.39M

Valuation Ratios

The trailing PE ratio is 7.09.

PE Ratio 7.09
Forward PE n/a
PS Ratio 16.22
PB Ratio 0.28
P/TBV Ratio 0.28
P/FCF Ratio 22.66
P/OCF Ratio 22.63
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 7.08
EV / Sales 16.20
EV / EBITDA n/a
EV / EBIT 8.15
EV / FCF 22.64

Financial Position

The company has a current ratio of 7.94

Current Ratio 7.94
Quick Ratio 6.86
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage 22,294.69

Financial Efficiency

Return on equity (ROE) is 5.09% and return on invested capital (ROIC) is 0.96%.

Return on Equity (ROE) 5.09%
Return on Assets (ROA) 0.78%
Return on Invested Capital (ROIC) 0.96%
Return on Capital Employed (ROCE) 0.98%
Weighted Average Cost of Capital (WACC) 5.97%
Revenue Per Employee 13.28M
Profits Per Employee 30.39M
Employee Count25
Asset Turnover 0.02
Inventory Turnover n/a

Taxes

In the past 12 months, IST:MERIT has paid 49.81 million in taxes.

Income Tax 49.81M
Effective Tax Rate 6.15%

Stock Price Statistics

The stock price has increased by +33.00% in the last 52 weeks. The beta is 0.31, so IST:MERIT's price volatility has been lower than the market average.

Beta (5Y) 0.31
52-Week Price Change +33.00%
50-Day Moving Average 16.34
200-Day Moving Average 18.51
Relative Strength Index (RSI) 46.23
Average Volume (20 Days) 3,858,427

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 332.06 million and earned 759.80 million in profits.

Revenue332.06M
Gross Profit 319.58M
Operating Income 186.52M
Pretax Income 809.61M
Net Income 759.80M
EBITDA n/a
EBIT 186.52M
Earnings Per Share (EPS) n/a
Full Income Statement

Balance Sheet

The company has 5.73 million in cash and n/a in debt, with a net cash position of 5.73 million or 0.02 per share.

Cash & Cash Equivalents 5.73M
Total Debt n/a
Net Cash 5.73M
Net Cash Per Share 0.02
Equity (Book Value) 19.04B
Book Value Per Share n/a
Working Capital 117.89M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 237.96 million and capital expenditures -303,025, giving a free cash flow of 237.66 million.

Operating Cash Flow 237.96M
Capital Expenditures -303,025
Depreciation & Amortization 30,025
Net Borrowing n/a
Free Cash Flow 237.66M
FCF Per Share 0.71
Full Cash Flow Statement

Margins

Gross margin is 96.24%, with operating and profit margins of 56.17% and 228.81%.

Gross Margin 96.24%
Operating Margin 56.17%
Pretax Margin 243.81%
Profit Margin 228.81%
EBITDA Margin n/a
EBIT Margin 56.17%
FCF Margin 71.57%

Dividends & Yields

This stock pays an annual dividend of 0.14, which amounts to a dividend yield of 0.88%.

Dividend Per Share 0.14
Dividend Yield 0.88%
Dividend Growth (YoY) 68.01%
Years of Dividend Growth 1
Payout Ratio 7.05%
Buyback Yield n/a
Shareholder Yield 0.88%
Earnings Yield 14.11%
FCF Yield 4.41%
Dividend Details

Fair Value

There are several formulas that can be used to estimate the intrinsic value of a stock.

Lynch Fair Value n/a
Lynch Upside n/a
Graham Number n/a
Graham Upside n/a

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

Altman Z-Score n/a
Piotroski F-Score 6