Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS) Debt-to-EBITDA : -0.03 (As of Mar. 2026)


IST:HDFGS Hedef Girisim Sermayesi Yati Ortakligi AS IST:HDFGS
70 GF Score
Price ₺2.62
GF Value ₺1.75
Valuation Significantly Overvalued
! 4 Warning Signs
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What is Hedef Girisim Sermayesi Yati Ortakligi AS Debt-to-EBITDA?

Hedef Girisim Sermayesi Yati Ortakligi AS IST:HDFGS +0.38% 70 Debt-to-EBITDA is -0.03 as of Mar. 2026. GuruFocus rates IST:HDFGS with a GF Score™ of 70/100 and a GF Value™ of ₺1.75 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 386 Asset Management companies, Hedef Girisim Sermayesi Yati Ortakligi AS ranks better than 99.74% on this metric.

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hedef Girisim Sermayesi Yati Ortakligi AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺1 Mil. Hedef Girisim Sermayesi Yati Ortakligi AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺1 Mil. Hedef Girisim Sermayesi Yati Ortakligi AS's annualized EBITDA for the quarter that ended in Mar. 2026 was ₺-81 Mil. Hedef Girisim Sermayesi Yati Ortakligi AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -0.03.

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 Hedef Girisim Sermayesi Yati Ortakligi AS's Debt-to-EBITDA or its related term are showing as below:

IST:HDFGS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.01   Med: 0   Max: 0.05
Current: 0.01

During the past 12 years, the highest Debt-to-EBITDA Ratio of Hedef Girisim Sermayesi Yati Ortakligi AS was 0.05. The lowest was -0.01. And the median was 0.00.

IST:HDFGS's Debt-to-EBITDA is ranked better than
99.74% of 386 companies
in the Asset Management industry
Industry Median: 1.395 vs IST:HDFGS: 0.01

Hedef Girisim Sermayesi Yati Ortakligi AS  (IST:HDFGS) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Hedef Girisim Sermayesi Yati Ortakligi AS Debt-to-EBITDA Related Terms


Hedef Girisim Sermayesi Yati Ortakligi AS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Hedef Girisim Sermayesi Yati Ortakligi 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.

Hedef Girisim Sermayesi Yati Ortakligi AS Debt-to-EBITDA Chart

Hedef Girisim Sermayesi Yati Ortakligi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.00 -0.00 -0.01 0.01

Hedef Girisim Sermayesi Yati Ortakligi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-EBITDA 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 -0.01 0.00 0.00 -0.03

IST:HDFGS vs BLK, BX, KKR: Debt-to-EBITDA Comparison

For the Asset Management subindustry, Hedef Girisim Sermayesi Yati Ortakligi 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.


Hedef Girisim Sermayesi Yati Ortakligi AS Debt-to-EBITDA vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Hedef Girisim Sermayesi Yati Ortakligi AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hedef Girisim Sermayesi Yati Ortakligi AS's Debt-to-EBITDA falls into.


IST:HDFGS
70GF Score
Hedef Girisim Sermayesi Yati Ortakligi AS IST:HDFGS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hedef Girisim Sermayesi Yati Ortakligi AS Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hedef Girisim Sermayesi Yati Ortakligi AS's Debt-to-EBITDA for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.161 + 1.274) / 299.89
=0.01

Hedef Girisim Sermayesi Yati Ortakligi AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.494 + 1.213) / -81.376
=-0.03

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.03 mean?
Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS) has a Debt-to-EBITDA of -0.03 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 Hedef Girisim Sermayesi Yati Ortakligi AS. According to the industry distribution chart, Hedef Girisim Sermayesi Yati Ortakligi AS ranks #1 out of 386 companies in the Asset Management industry, placing it in the top 0.3%.
Is Hedef Girisim Sermayesi Yati Ortakligi AS's Debt-to-EBITDA too high?
Hedef Girisim Sermayesi Yati Ortakligi AS's current Debt-to-EBITDA is -0.03. Based on the distribution chart, Hedef Girisim Sermayesi Yati Ortakligi AS ranks #1 out of 386 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, Hedef Girisim Sermayesi Yati Ortakligi AS has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hedef Girisim Sermayesi Yati Ortakligi AS's Debt-to-EBITDA compare to BLK and BX?
According to the Asset Management industry distribution chart, Hedef Girisim Sermayesi Yati Ortakligi AS ranks #1 out of 386 companies for Debt-to-EBITDA. This places Hedef Girisim Sermayesi Yati Ortakligi AS in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.40. 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 Asset Management company?
The median Debt-to-EBITDA among Asset Management companies is 1.40, based on 386 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. 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 Hedef Girisim Sermayesi Yati Ortakligi AS. For the Asset Management industry, the median Debt-to-EBITDA is 1.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hedef Girisim Sermayesi Yati Ortakligi AS's current Debt-to-EBITDA is -0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hedef Girisim Sermayesi Yati Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺1.75, compared to a current price of ₺2.62 — trading 49.7% above its estimated fair value. The current Debt-to-EBITDA is -0.03. Hedef Girisim Sermayesi Yati Ortakligi AS's overall GF Score™ is 70/100 with 4 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 Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS), the current Debt-to-EBITDA is -0.03 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 Hedef Girisim Sermayesi Yati Ortakligi AS (IST:HDFGS) Overvalued in 2026?

Based on GuruFocus' analysis, Hedef Girisim Sermayesi Yati Ortakligi AS stock appears to be overvalued. The current stock price of ₺2.62 is trading 49.7% above its estimated GF Value™ of ₺1.75. GuruFocus considers Hedef Girisim Sermayesi Yati Ortakligi AS to be Significantly Overvalued.

Key valuation signals for IST:HDFGS:

  • Debt-to-EBITDA: -0.03
  • GF Value™: ₺1.75 vs. price of ₺2.62 (49.7% above fair value)
  • GF Score™: 70/100 with 4 warning signs

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


Hedef Girisim Sermayesi Yati Ortakligi AS Business Description

Address Ihlamur Bulvari, No:3/214 Kat:20, Barbaros Mahallesi, Agaoglu My Newwork, Atasehir, Istanbul, TUR, 34746
Hedef Girisim Sermayesi Yati Ortakligi AS makes direct and indirect investments across multiple sectors, with a primary focus on finance and technology. Its investment activities span areas including fintech, software, gaming, real estate, agriculture and food, marketing, media and publishing, education, logistics, healthcare products, materials such as polycarbonate and polymers, renewable energy, consulting, blockchain, cryptocurrency, and SaaS. The company holds investments in more than 15 portfolio companies across these sectors.
70GF Score

Get the complete analysis for IST:HDFGS

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

₺2.62
Price
₺1.75
GF Value