Merit Turizm Yatirim ve Isletme Anonim Sirketi (IST:MERIT)
Turkey flag Turkey · Delayed Price · Currency is TRY
18.90
+0.96 (5.35%)
At close: Jun 19, 2026

IST:MERIT Statistics

Total Valuation

IST:MERIT has a market cap or net worth of TRY 6.36 billion. The enterprise value is 6.36 billion.

Market Cap6.36B
Enterprise Value 6.36B

Important Dates

The next estimated earnings date is Friday, August 21, 2026.

Earnings Date Aug 21, 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 (%) 0.18%
Float 98.39M

Valuation Ratios

The trailing PE ratio is 8.38.

PE Ratio 8.38
Forward PE n/a
PS Ratio 19.16
PB Ratio 0.33
P/TBV Ratio 0.33
P/FCF Ratio 26.77
P/OCF Ratio 26.73
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 8.37
EV / Sales 19.14
EV / EBITDA n/a
EV / EBIT 9.76
EV / FCF 26.74

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 n/a

Financial Efficiency

Return on equity (ROE) is 5.09% and return on invested capital (ROIC) is 0.92%.

Return on Equity (ROE) 5.09%
Return on Assets (ROA) 0.74%
Return on Invested Capital (ROIC) 0.92%
Return on Capital Employed (ROCE) 0.93%
Weighted Average Cost of Capital (WACC) 5.76%
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 +48.35% in the last 52 weeks. The beta is 0.28, so IST:MERIT's price volatility has been lower than the market average.

Beta (5Y) 0.28
52-Week Price Change +48.35%
50-Day Moving Average 16.68
200-Day Moving Average 18.15
Relative Strength Index (RSI) 66.96
Average Volume (20 Days) 4,509,708

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. Earnings per share was 2.25.

Revenue332.06M
Gross Profit 319.58M
Operating Income 177.53M
Pretax Income 809.61M
Net Income 759.80M
EBITDA n/a
EBIT 177.53M
Earnings Per Share (EPS) 2.25
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 56.58
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 53.46% and 228.81%.

Gross Margin 96.24%
Operating Margin 53.46%
Pretax Margin 243.81%
Profit Margin 228.81%
EBITDA Margin n/a
EBIT Margin 53.46%
FCF Margin 71.57%

Dividends & Yields

This stock pays an annual dividend of 0.14, which amounts to a dividend yield of 0.74%.

Dividend Per Share 0.14
Dividend Yield 0.74%
Dividend Growth (YoY) 68.01%
Years of Dividend Growth 1
Payout Ratio 7.05%
Buyback Yield n/a
Shareholder Yield 0.74%
Earnings Yield 11.94%
FCF Yield 3.74%
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 118.69 and a Piotroski F-Score of 6.

Altman Z-Score 118.69
Piotroski F-Score 6