Merit Turizm Yatirim ve Isletme Anonim Sirketi (IST:MERIT)
Turkey flag Turkey · Delayed Price · Currency is TRY
15.63
+0.04 (0.26%)
Last updated: Sep 7, 2026, 2:02 PM GMT+3

IST:MERIT Statistics

Total Valuation

IST:MERIT has a market cap or net worth of TRY 5.25 billion. The enterprise value is 5.24 billion.

Market Cap5.25B
Enterprise Value 5.24B

Important Dates

The next estimated earnings date is Tuesday, November 10, 2026.

Earnings Date Nov 10, 2026
Ex-Dividend Date Oct 27, 2026

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 (%) 0.42%
Float 97.59M

Valuation Ratios

The trailing PE ratio is 7.53.

PE Ratio 7.53
Forward PE n/a
PS Ratio 15.55
PB Ratio 0.26
P/TBV Ratio 0.26
P/FCF Ratio 17.44
P/OCF Ratio 17.42
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 7.51
EV / Sales 15.54
EV / EBITDA n/a
EV / EBIT 8.82
EV / FCF 17.42

Financial Position

The company has a current ratio of 6.00

Current Ratio 6.00
Quick Ratio 4.48
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage n/a

Financial Efficiency

Return on equity (ROE) is 4.37% and return on invested capital (ROIC) is 1.00%.

Return on Equity (ROE) 4.37%
Return on Assets (ROA) 0.76%
Return on Invested Capital (ROIC) 1.00%
Return on Capital Employed (ROCE) 0.96%
Weighted Average Cost of Capital (WACC) 5.48%
Revenue Per Employee 13.50M
Profits Per Employee 27.93M
Employee Count25
Asset Turnover 0.02
Inventory Turnover n/a

Taxes

In the past 12 months, IST:MERIT has paid 48.01 million in taxes.

Income Tax 48.01M
Effective Tax Rate 6.43%

Stock Price Statistics

The stock price has decreased by -35.74% in the last 52 weeks. The beta is 0.22, so IST:MERIT's price volatility has been lower than the market average.

Beta (5Y) 0.22
52-Week Price Change -35.74%
50-Day Moving Average 16.52
200-Day Moving Average 16.95
Relative Strength Index (RSI) 40.12
Average Volume (20 Days) 2,464,689

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 337.45 million and earned 698.25 million in profits. Earnings per share was 2.07.

Revenue337.45M
Gross Profit 326.53M
Operating Income 195.63M
Pretax Income 746.26M
Net Income 698.25M
EBITDA n/a
EBIT 195.63M
Earnings Per Share (EPS) 2.07
Full Income Statement

Balance Sheet

The company has 4.05 million in cash and no debt, with a net cash position of 4.05 million or 0.01 per share.

Cash & Cash Equivalents 4.05M
Total Debt n/a
Net Cash 4.05M
Net Cash Per Share 0.01
Equity (Book Value) 20.44B
Book Value Per Share 60.73
Working Capital 151.40M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 301.24 million and capital expenditures -303,025, giving a free cash flow of 300.94 million.

Operating Cash Flow 301.24M
Capital Expenditures -303,025
Depreciation & Amortization 49,036
Net Borrowing n/a
Free Cash Flow 300.94M
FCF Per Share 0.89
Full Cash Flow Statement

Margins

Gross margin is 96.76%, with operating and profit margins of 57.97% and 206.92%.

Gross Margin 96.76%
Operating Margin 57.97%
Pretax Margin 221.14%
Profit Margin 206.92%
EBITDA Margin n/a
EBIT Margin 57.97%
FCF Margin 86.26%

Dividends & Yields

This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 6.41%.

Dividend Per Share 1.00
Dividend Yield 6.41%
Dividend Growth (YoY) n/a
Years of Dividend Growth 1
Payout Ratio n/a
Buyback Yield n/a
Shareholder Yield 6.41%
Earnings Yield 13.31%
FCF Yield 5.73%
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 84.4 and a Piotroski F-Score of 4.

Altman Z-Score 84.4
Piotroski F-Score 4