Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Construction In Progress: ₺0.0 Mil (As of Mar. 2026)


IST:MERIT Merit Turizm Yatirim ve Isletme AS IST:MERIT
78 GF Score
Price ₺18.00
GF Value ₺22.07
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Merit Turizm Yatirim ve Isletme AS Construction In Progress?

Merit Turizm Yatirim ve Isletme AS IST:MERIT +3.15% 78 Construction In Progress is ₺0.0 Mil as of Mar. 2026. GuruFocus rates IST:MERIT with a GF Score™ of 78/100 and a GF Value™ of ₺22.07 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Merit Turizm Yatirim ve Isletme AS Construction In Progress Historical Data

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The historical data trend for Merit Turizm Yatirim ve Isletme AS's Construction In Progress 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.

Merit Turizm Yatirim ve Isletme AS Construction In Progress Chart

Merit Turizm Yatirim ve Isletme AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
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Merit Turizm Yatirim ve Isletme AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress 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:MERIT
78GF Score
Merit Turizm Yatirim ve Isletme AS IST:MERIT
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Merit Turizm Yatirim ve Isletme AS Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of ₺0.0 Mil mean?
Merit Turizm Yatirim ve Isletme AS (IST:MERIT) has a Construction In Progress of ₺0.0 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Merit Turizm Yatirim ve Isletme AS and its competitors.
Is Merit Turizm Yatirim ve Isletme AS's Construction In Progress too high?
Merit Turizm Yatirim ve Isletme AS's current Construction In Progress is ₺0.0 Mil. Overall, Merit Turizm Yatirim ve Isletme AS has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merit Turizm Yatirim ve Isletme AS's Construction In Progress compare to LVS and MGM?
Merit Turizm Yatirim ve Isletme AS's Construction In Progress of ₺0.0 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Travel & Leisure company?
A good Construction In Progress depends on the Travel & Leisure industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Merit Turizm Yatirim ve Isletme AS and its competitors. Merit Turizm Yatirim ve Isletme AS's current Construction In Progress is ₺0.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merit Turizm Yatirim ve Isletme AS stock overvalued right now?
Based on GuruFocus' analysis, Merit Turizm Yatirim ve Isletme AS (IST:MERIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺22.07, compared to a current price of ₺18.00 — trading 18.4% below its estimated fair value. The current Construction In Progress is ₺0.0 Mil. Merit Turizm Yatirim ve Isletme AS's overall GF Score™ is 78/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Merit Turizm Yatirim ve Isletme AS (IST:MERIT), the current Construction In Progress is ₺0.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Overvalued in 2026?

Based on GuruFocus' analysis, Merit Turizm Yatirim ve Isletme AS stock appears to be undervalued. The current stock price of ₺18.00 is trading 18.4% below its estimated GF Value™ of ₺22.07. GuruFocus considers Merit Turizm Yatirim ve Isletme AS to be Modestly Undervalued.

Key valuation signals for IST:MERIT:

  • Construction In Progress: ₺0.0 Mil
  • GF Value™: ₺22.07 vs. price of ₺18.00 (18.4% below fair value)
  • GF Score™: 78/100 with 4 warning signs

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

Merit Turizm Yatirim ve Isletme AS Business Description

Address Etiler, Street No. 9, Besiktas, Istanbul, TUR, 34337
Merit Turizm Yatirim ve Isletme AS is a hotel management company. It owns and operates the Merit Royal hotel and casino, Merit Crystal Cove hotel and casino, The Merit Park hotel and Casino, The Merit Lefkosa andThe Merit Cyprus Gardens.
78GF Score

Get the complete analysis for IST:MERIT

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

₺18.00
Price
₺22.07
GF Value