Merit Turizm Yatirim ve Isletme Anonim Sirketi (IST:MERIT)
Turkey flag Turkey · Delayed Price · Currency is TRY
11.77
-0.08 (-0.68%)
At close: Nov 13, 2026

IST:MERIT Statistics

Total Valuation

IST:MERIT has a market cap or net worth of TRY 3.96 billion. The enterprise value is 3.95 billion.

Market Cap3.96B
Enterprise Value 3.95B

Important Dates

The next estimated earnings date is Tuesday, November 17, 2026.

Earnings Date Nov 17, 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 (%) 0.27%
Float 97.59M

Valuation Ratios

The trailing PE ratio is 9.19.

PE Ratio 9.19
Forward PE n/a
PS Ratio 11.15
PB Ratio 0.19
P/TBV Ratio 0.19
P/FCF Ratio 18.92
P/OCF Ratio 18.89
PEG Ratio n/a
Financial Ratio History

Enterprise Valuation

EV / Earnings 9.15
EV / Sales 11.11
EV / EBITDA n/a
EV / EBIT 6.67
EV / FCF 18.85

Financial Position

The company has a current ratio of 2.07, with zero debt.

Current Ratio 2.07
Quick Ratio 1.99
Debt / Equity n/a
Debt / EBITDA n/a
Debt / FCF n/a
Interest Coverage 1.05

Financial Efficiency

Return on equity (ROE) is 2.34% and return on invested capital (ROIC) is 0.97%.

Return on Equity (ROE) 2.34%
Return on Assets (ROA) 0.76%
Return on Invested Capital (ROIC) 0.97%
Return on Capital Employed (ROCE) 1.07%
Weighted Average Cost of Capital (WACC) 5.56%
Revenue Per Employee 14.21M
Profits Per Employee 17.25M
Employee Count25
Asset Turnover 0.02
Inventory Turnover n/a

Taxes

In the past 12 months, IST:MERIT has paid 53.04 million in taxes.

Income Tax 53.04M
Effective Tax Rate 10.95%

Stock Price Statistics

The stock price has decreased by -46.35% in the last 52 weeks. The beta is 0.24, so IST:MERIT's price volatility has been lower than the market average.

Beta (5Y) 0.24
52-Week Price Change -46.35%
50-Day Moving Average 13.64
200-Day Moving Average 15.94
Relative Strength Index (RSI) 36.19
Average Volume (20 Days) 2,185,508

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 355.27 million and earned 431.32 million in profits.

Revenue355.27M
Gross Profit 342.98M
Operating Income 227.57M
Pretax Income 484.36M
Net Income 431.32M
EBITDA n/a
EBIT 227.57M
Earnings Per Share (EPS) n/a
Full Income Statement

Balance Sheet

The company has 13.18 million in cash and no debt, with a net cash position of 13.18 million or 0.04 per share.

Cash & Cash Equivalents 13.18M
Total Debt n/a
Net Cash 13.18M
Net Cash Per Share 0.04
Equity (Book Value) 21.26B
Book Value Per Share n/a
Working Capital 405.70M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 209.74 million and capital expenditures -303,025, giving a free cash flow of 209.44 million.

Operating Cash Flow 209.74M
Capital Expenditures -303,025
Depreciation & Amortization 69,859
Net Borrowing n/a
Free Cash Flow 209.44M
FCF Per Share 0.62
Full Cash Flow Statement

Margins

Gross margin is 96.54%, with operating and profit margins of 64.05% and 121.40%.

Gross Margin 96.54%
Operating Margin 64.05%
Pretax Margin 136.33%
Profit Margin 121.40%
EBITDA Margin n/a
EBIT Margin 64.05%
FCF Margin 58.95%

Dividends & Yields

This stock pays an annual dividend of 1.00, which amounts to a dividend yield of 8.50%.

Dividend Per Share 1.00
Dividend Yield 8.50%
Dividend Growth (YoY) n/a
Years of Dividend Growth 1
Payout Ratio n/a
FCF Payout Ratio 160.71%
Buyback Yield n/a
Shareholder Yield 8.50%
Earnings Yield 10.89%
FCF Yield 5.29%
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
Graham Formula Value n/a
Graham Formula 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 4