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Ayen Enerji ASIST:AYEN -2.54%54 Debt-to-EBITDA is 2.36 as of Mar. 2026, which is 70% below its 10-year median of 7.74. GuruFocus rates IST:AYEN with a GF Score™ of 54/100 and a GF Value™ of ₺23.04 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 340 Utilities - Independent Power Producers companies, Ayen Enerji AS ranks better than 65% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Ayen Enerji AS's Debt-to-EBITDA or its related term are showing as below:
IST:AYEN'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.09 Med: 7.74 Max: 22.19
Current: 3.01
During the past 13 years, the highest Debt-to-EBITDA Ratio of Ayen Enerji AS was 22.19. The lowest was 2.09. And the median was 7.74.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Ayen Enerji AS Debt-to-EBITDA Related Terms
Ayen Enerji AS Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Ayen Enerji AS's Debt-to-EBITDA 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.
Ayen Enerji AS Debt-to-EBITDA Competitor Comparison
For the Utilities - Renewable subindustry, Ayen Enerji AS's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ayen Enerji AS Debt-to-EBITDA vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Ayen Enerji AS's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Ayen Enerji AS's Debt-to-EBITDA falls into.
* 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.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Ayen Enerji AS (IST:AYEN) has a Debt-to-EBITDA of 2.36 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ayen Enerji AS. This is 70% below median its historical median of 7.74. Over the past decade, Ayen Enerji AS's Debt-to-EBITDA has ranged from 2.09 to 22.19. According to the industry distribution chart, Ayen Enerji AS ranks #119 out of 340 companies in the Utilities - Independent Power Producers industry, placing it in the top 35%.
Is Ayen Enerji AS's Debt-to-EBITDA too high?
Ayen Enerji AS's current Debt-to-EBITDA of 2.36 is 70% below median its 10-year median of 7.74. Over the past 10 years, this metric has ranged from a low of 2.09 to a high of 22.19. The Utilities - Independent Power Producers industry median Debt-to-EBITDA is 4.63. Ayen Enerji AS's value of 2.36 is 49% below this industry median. Based on the distribution chart, Ayen Enerji AS ranks #119 out of 340 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Ayen Enerji AS has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ayen Enerji AS's Debt-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ayen Enerji AS ranks #119 out of 340 companies for Debt-to-EBITDA. This puts Ayen Enerji AS in the upper half of its industry. The industry median Debt-to-EBITDA is 4.63. Ayen Enerji AS's value of 2.36 is 49% below this benchmark. Historically, Ayen Enerji AS's own Debt-to-EBITDA has ranged from 2.09 to 22.19 over the past decade. While the company's 10-year median is 7.74 vs. the industry median of 4.63, Ayen Enerji AS has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for an Utilities - Independent Power Producers company?
The median Debt-to-EBITDA among Utilities - Independent Power Producers companies is 4.63, based on 340 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Ayen Enerji AS's current Debt-to-EBITDA of 2.36 is 49% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ayen Enerji AS. For the Utilities - Independent Power Producers industry, the median Debt-to-EBITDA is 4.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ayen Enerji AS's current Debt-to-EBITDA is 2.36, which is 70% below median its own 10-year median of 7.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ayen Enerji AS stock overvalued right now?
Based on GuruFocus' analysis, Ayen Enerji AS (IST:AYEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺23.04, compared to a current price of ₺32.98 — trading 43.1% above its estimated fair value. The current Debt-to-EBITDA is 2.36, which is 70% below median its 10-year median of 7.74 and 49% below the Utilities - Independent Power Producers industry median of 4.63. Ayen Enerji AS's overall GF Score™ is 54/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Ayen Enerji AS (IST:AYEN), the current Debt-to-EBITDA is 2.36 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 Ayen Enerji AS (IST:AYEN) Overvalued in 2026?
Based on GuruFocus' analysis, Ayen Enerji AS stock appears to be overvalued.
The current stock price of ₺32.98 is trading 43.1% above its estimated GF Value™ of ₺23.04.
GuruFocus considers Ayen Enerji AS to be Significantly Overvalued.
Key valuation signals for IST:AYEN:
Debt-to-EBITDA: 2.36 (70% below median its 10-year median of 7.74)
GF Value™: ₺23.04 vs. price of ₺32.98 (43.1% above fair value)
Industry Position: 49% below the Utilities - Independent Power Producers median (#119 of 340)
No single metric tells the full story. See the IST:AYEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Ayen Enerji AS is a Turkey-based company engaged in the generation, transmission, distribution, and trading of electricity. The company's geographical segment includes Turkey and Abroad. It generates maximum revenue from Abroad. The company generates the majority of its energy from Hydro plants. The companies located in abroad operate in Albania, Serbia, and Slovenia.
54GF Score
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