Mercan Kimyanayi ve Ticaret AS (IST:MERCN) Beta: N/A (As of Aug. 01, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:MERCN Mercan Kimya Sanayi ve Ticaret AS IST:MERCN
70 GF Score
Price ₺21.14
GF Value ₺11.95
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Mercan Kimyanayi ve Ticaret AS Beta?

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. As of today (2026-08-01), Mercan Kimyanayi ve Ticaret AS's Beta is Not available.

Mercan Kimyanayi ve Ticaret AS  (IST:MERCN) Beta Explanation

Beta is a measure of the volatility, or systematic risk, of a security or a portfolio in comparison to the market as a whole. We usually compare beta to 1. A beta of 1 indicates that the security's price will move with the market. A beta of less than 1 means that the security will be less volatile than the market. A beta of greater than 1 indicates that the security's price will be more volatile than the market.

Beta is primarily used in the Capital Asset Pricing Model (CAPM) to calculate the Cost of Equity, which can be used in the calculation of WACC %. The formula of Cost of Equity is:
Cost of Equity = Risk-Free Rate of Return + Beta of Asset * (Expected Return of the Market - Risk-Free Rate of Return)

Mercan Kimyanayi ve Ticaret AS Beta Related Terms

Mercan Kimyanayi ve Ticaret AS Beta Historical Data

* Premium members only.

The historical data trend for Mercan Kimyanayi ve Ticaret AS's Beta can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mercan Kimyanayi ve Ticaret AS Beta Chart

Mercan Kimyanayi ve Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Beta
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Mercan Kimyanayi ve Ticaret AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Beta Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00
IST:MERCN
70GF Score
Mercan Kimya Sanayi ve Ticaret AS IST:MERCN
Beta is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercan Kimyanayi ve Ticaret AS Beta Calculation

Beta is the sensitivity of the expected excess asset returns to the expected excess market returns. A stock's beta can be calculated by dividing the product of the covariance of the individual stock's returns and the market's returns by the variance of the market's returns over a specified period. Basically, GuruFocus uses the returns calculated over three-year period.

Is Mercan Kimyanayi ve Ticaret AS (IST:MERCN) Overvalued in 2026?

Based on GuruFocus' analysis, Mercan Kimyanayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺21.14 is trading 76.9% above its estimated GF Value™ of ₺11.95. GuruFocus considers Mercan Kimyanayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:MERCN:

  • Beta: N/A
  • GF Value™: ₺11.95 vs. price of ₺21.14 (76.9% above fair value)
  • GF Score™: 70/100 with 6 warning signs

No single metric tells the full story. See the IST:MERCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Mercan Kimyanayi ve Ticaret AS Business Description

Address Hacieyuplu Mah. 3125 Sok. No. 23, Merkezefendi Denizli, TUR, 20195
Mercan Kimya Sanayi ve Ticaret AS is engaged in the business of producing, buying, and selling paraffin, emulsion, vaseline and liquid paraffin. It has three group companies under its roof. One of these companies trades cosmetics, detergents, and industrial products in Turkey and abroad. The other company's main activity is to produce, buy and sell paraffin and emulsion for domestic and international markets.
70GF Score

Get the complete analysis for IST:MERCN

Beta is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺21.14
Price
₺11.95
GF Value