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.
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.
Erciyas Celik BorunayiIST:ERCB +0.37%30 Debt-to-EBITDA is 2.82 as of Mar. 2026, which is 59% below its 10-year median of 6.82. GuruFocus rates IST:ERCB with a GF Score™ of 30/100 and a GF Value™ of ₺93.10 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 493 Steel companies, Erciyas Celik Borunayi ranks worse than 67.14% 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 Erciyas Celik Borunayi's Debt-to-EBITDA or its related term are showing as below:
IST:ERCB'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 3.91 Med: 6.82 Max: 8.65
Current: 4.85
During the past 6 years, the highest Debt-to-EBITDA Ratio of Erciyas Celik Borunayi was 8.65. The lowest was 3.91. And the median was 6.82.
IST:ERCB's Debt-to-EBITDA is ranked worse than 67.14% of 493
companies
in the Steel industry
Industry Median: 2.85
vs IST:ERCB: 4.85
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.
Erciyas Celik Borunayi Debt-to-EBITDA Related Terms
Erciyas Celik Borunayi Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Erciyas Celik Borunayi'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.
IST:ERCB vs NUE, STLD, RS: Debt-to-EBITDA Comparison
For the Steel subindustry, Erciyas Celik Borunayi'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.
Erciyas Celik Borunayi Debt-to-EBITDA vs Steel Industry
For the Steel industry and Basic Materials sector, Erciyas Celik Borunayi's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Erciyas Celik Borunayi'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.
Erciyas Celik Borunayi (IST:ERCB) has a Debt-to-EBITDA of 2.82 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 Erciyas Celik Borunayi. This is 59% below median its historical median of 6.82. Over the past decade, Erciyas Celik Borunayi's Debt-to-EBITDA has ranged from 3.91 to 8.65. According to the industry distribution chart, Erciyas Celik Borunayi ranks #331 out of 493 companies in the Steel industry, placing it in the top 67.1%.
Is Erciyas Celik Borunayi's Debt-to-EBITDA too high?
Erciyas Celik Borunayi's current Debt-to-EBITDA of 2.82 is 59% below median its 10-year median of 6.82. Over the past 10 years, this metric has ranged from a low of 3.91 to a high of 8.65. The Steel industry median Debt-to-EBITDA is 2.85. Erciyas Celik Borunayi's value of 2.82 is 1.1% below this industry median. Based on the distribution chart, Erciyas Celik Borunayi ranks #331 out of 493 companies in the Steel industry, which is below the industry midpoint. Overall, Erciyas Celik Borunayi has a GF Score™ of 30/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erciyas Celik Borunayi's Debt-to-EBITDA compare to NUE and STLD?
According to the Steel industry distribution chart, Erciyas Celik Borunayi ranks #331 out of 493 companies for Debt-to-EBITDA. This places Erciyas Celik Borunayi in the lower half of its industry. The industry median Debt-to-EBITDA is 2.85. Erciyas Celik Borunayi's value of 2.82 is 1.1% below this benchmark. Historically, Erciyas Celik Borunayi's own Debt-to-EBITDA has ranged from 3.91 to 8.65 over the past decade. While the company's 10-year median is 6.82 vs. the industry median of 2.85, Erciyas Celik Borunayi 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 a Steel company?
The median Debt-to-EBITDA among Steel companies is 2.85, based on 493 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. Erciyas Celik Borunayi's current Debt-to-EBITDA of 2.82 is 1.1% 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 Erciyas Celik Borunayi. For the Steel industry, the median Debt-to-EBITDA is 2.85 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Erciyas Celik Borunayi's current Debt-to-EBITDA is 2.82, which is 59% below median its own 10-year median of 6.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erciyas Celik Borunayi stock overvalued right now?
Based on GuruFocus' analysis, Erciyas Celik Borunayi (IST:ERCB) is currently considered Possible Value Trap. The stock's GF Value™ is ₺93.10, compared to a current price of ₺54.80 — trading 41.1% below its estimated fair value. The current Debt-to-EBITDA is 2.82, which is 59% below median its 10-year median of 6.82 and 1.1% below the Steel industry median of 2.85. Erciyas Celik Borunayi's overall GF Score™ is 30/100 with 9 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 Erciyas Celik Borunayi (IST:ERCB), the current Debt-to-EBITDA is 2.82 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 Erciyas Celik Borunayi (IST:ERCB) Overvalued in 2026?
Based on GuruFocus' analysis, Erciyas Celik Borunayi stock appears to be undervalued.
The current stock price of ₺54.80 is trading 41.1% below its estimated GF Value™ of ₺93.10.
GuruFocus considers Erciyas Celik Borunayi to be Possible Value Trap.
Key valuation signals for IST:ERCB:
Debt-to-EBITDA: 2.82 (59% below median its 10-year median of 6.82)
GF Value™: ₺93.10 vs. price of ₺54.80 (41.1% below fair value)
Industry Position: 1.1% below the Steel median (#331 of 493)
No single metric tells the full story. See the IST:ERCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.
30GF Score
Get the complete analysis for IST:ERCB
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:ERCB has been successfully added to your 
