Marti Otel Isletmeleri AS (IST:MARTI) Debt-to-EBITDA : 402.99 (As of Mar. 2026) — 5309% Above Median

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IST:MARTI Marti Otel Isletmeleri AS IST:MARTI
28 GF Score
Price ₺1.64
GF Value ₺3.90
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Marti Otel Isletmeleri AS Debt-to-EBITDA?

Marti Otel Isletmeleri AS IST:MARTI 28 Debt-to-EBITDA is 402.99 as of Mar. 2026, which is 5309% above its 10-year median of 7.45. GuruFocus rates IST:MARTI with a GF Score™ of 28/100 and a GF Value™ of ₺3.90 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 649 Travel & Leisure companies, Marti Otel Isletmeleri AS ranks worse than 84.28% on this metric.

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

Marti Otel Isletmeleri AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺1,190 Mil. Marti Otel Isletmeleri AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺4,345 Mil. Marti Otel Isletmeleri AS's annualized EBITDA for the quarter that ended in Mar. 2026 was ₺14 Mil. Marti Otel Isletmeleri AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 402.99.

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 Marti Otel Isletmeleri AS's Debt-to-EBITDA or its related term are showing as below:

IST:MARTI' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -33.16   Med: 7.45   Max: 60.53
Current: 7.57

During the past 13 years, the highest Debt-to-EBITDA Ratio of Marti Otel Isletmeleri AS was 60.53. The lowest was -33.16. And the median was 7.45.

IST:MARTI's Debt-to-EBITDA is ranked worse than
84.28% of 649 companies
in the Travel & Leisure industry
Industry Median: 2.53 vs IST:MARTI: 7.57

Marti Otel Isletmeleri AS  (IST:MARTI) 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.


Marti Otel Isletmeleri AS Debt-to-EBITDA Related Terms


Marti Otel Isletmeleri AS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Marti Otel Isletmeleri 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.

Marti Otel Isletmeleri AS Debt-to-EBITDA Chart

Marti Otel Isletmeleri AS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.55 9.59 -33.16 7.34 7.57

Marti Otel Isletmeleri AS Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -5.19 4.07 17.44 3.56 402.99

IST:MARTI vs MAR, HLT, H: Debt-to-EBITDA Comparison

For the Lodging subindustry, Marti Otel Isletmeleri 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.


Marti Otel Isletmeleri AS Debt-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Marti Otel Isletmeleri AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Marti Otel Isletmeleri AS's Debt-to-EBITDA falls into.


IST:MARTI
28GF Score
Marti Otel Isletmeleri AS IST:MARTI
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marti Otel Isletmeleri AS Debt-to-EBITDA Calculation

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

Marti Otel Isletmeleri AS's Debt-to-EBITDA for the fiscal year 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
=(1189.511 + 4345.111) / 731.382
=7.57

Marti Otel Isletmeleri 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
=(1189.511 + 4345.111) / 13.734
=402.99

* 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 two times the quarterly (Mar. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 402.99 mean?
Marti Otel Isletmeleri AS (IST:MARTI) has a Debt-to-EBITDA of 402.99 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 Marti Otel Isletmeleri AS. This is 5309% above median its historical median of 7.45. According to the industry distribution chart, Marti Otel Isletmeleri AS ranks #547 out of 649 companies in the Travel & Leisure industry, placing it in the top 84.3%.
Is Marti Otel Isletmeleri AS's Debt-to-EBITDA too high?
Marti Otel Isletmeleri AS's current Debt-to-EBITDA of 402.99 is 5309% above median its 10-year median of 7.45. The Travel & Leisure industry median Debt-to-EBITDA is 2.53. Marti Otel Isletmeleri AS's value of 402.99 is 15828.5% above this industry median. Based on the distribution chart, Marti Otel Isletmeleri AS ranks #547 out of 649 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Marti Otel Isletmeleri AS has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marti Otel Isletmeleri AS's Debt-to-EBITDA compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Marti Otel Isletmeleri AS ranks #547 out of 649 companies for Debt-to-EBITDA. This places Marti Otel Isletmeleri AS in the lower half of its industry. The industry median Debt-to-EBITDA is 2.53. Marti Otel Isletmeleri AS's value of 402.99 is 15828.5% above this benchmark. While the company's 10-year median is 7.45 vs. the industry median of 2.53, Marti Otel Isletmeleri AS has consistently been above 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 Travel & Leisure company?
The median Debt-to-EBITDA among Travel & Leisure companies is 2.53, based on 649 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. Marti Otel Isletmeleri AS's current Debt-to-EBITDA of 402.99 is 15828.5% above 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 Marti Otel Isletmeleri AS. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marti Otel Isletmeleri AS's current Debt-to-EBITDA is 402.99, which is 5309% above median its own 10-year median of 7.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marti Otel Isletmeleri AS stock overvalued right now?
Based on GuruFocus' analysis, Marti Otel Isletmeleri AS (IST:MARTI) is currently considered Possible Value Trap. The stock's GF Value™ is ₺3.90, compared to a current price of ₺1.64 — trading 57.9% below its estimated fair value. The current Debt-to-EBITDA is 402.99, which is 5309% above median its 10-year median of 7.45 and 15828.5% above the Travel & Leisure industry median of 2.53. Marti Otel Isletmeleri AS's overall GF Score™ is 28/100 with 5 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 Marti Otel Isletmeleri AS (IST:MARTI), the current Debt-to-EBITDA is 402.99 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 Marti Otel Isletmeleri AS (IST:MARTI) Overvalued in 2026?

Based on GuruFocus' analysis, Marti Otel Isletmeleri AS stock appears to be undervalued. The current stock price of ₺1.64 is trading 57.9% below its estimated GF Value™ of ₺3.90. GuruFocus considers Marti Otel Isletmeleri AS to be Possible Value Trap.

Key valuation signals for IST:MARTI:

  • Debt-to-EBITDA: 402.99 (5309% above median its 10-year median of 7.45)
  • GF Value™: ₺3.90 vs. price of ₺1.64 (57.9% below fair value)
  • GF Score™: 28/100 with 5 warning signs
  • Industry Position: 15828.5% above the Travel & Leisure median (#547 of 649)

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


Marti Otel Isletmeleri AS Business Description

Address Devres Han No:50/4, Inonu Caddesi, Beyoglu, Gumussuyu, Istanbul, TUR
Marti Otel Isletmeleri AS is engaged in the operation of tourist resorts and hotels located in Turkey.
28GF Score

Get the complete analysis for IST:MARTI

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

₺1.64
Price
₺3.90
GF Value