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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.
IST:MERIT's Debt-to-EBITDA is not ranked *
in the Travel & Leisure industry.
Industry Median: 2.45 * Ranked among companies with meaningful Debt-to-EBITDA only.
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.
Merit Turizm Yatirim ve Isletme AS Debt-to-EBITDA Related Terms
Merit Turizm Yatirim ve Isletme AS Debt-to-EBITDA Historical Data
* 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 Debt-to-EBITDA Chart
IST:MERIT vs LVS, MGM, WYNN: Debt-to-EBITDA Comparison
For the Resorts & Casinos subindustry, Merit Turizm Yatirim ve Isletme 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.
Merit Turizm Yatirim ve Isletme AS Debt-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Merit Turizm Yatirim ve Isletme AS's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Merit Turizm Yatirim ve Isletme 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.
Merit Turizm Yatirim ve Isletme AS (IST:MERIT) has a Debt-to-EBITDA of 0.00 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 Merit Turizm Yatirim ve Isletme AS. According to the industry distribution chart, Merit Turizm Yatirim ve Isletme AS ranks #999999 out of 653 companies in the Travel & Leisure industry.
Is Merit Turizm Yatirim ve Isletme AS's Debt-to-EBITDA too high?
Merit Turizm Yatirim ve Isletme AS's current Debt-to-EBITDA is 0.00. Based on the distribution chart, Merit Turizm Yatirim ve Isletme AS ranks #999999 out of 653 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Merit Turizm Yatirim ve Isletme AS has a GF Score™ of 81/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merit Turizm Yatirim ve Isletme AS's Debt-to-EBITDA compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Merit Turizm Yatirim ve Isletme AS ranks #999999 out of 653 companies for Debt-to-EBITDA. This places Merit Turizm Yatirim ve Isletme AS in the lower half of its industry. The industry median Debt-to-EBITDA is 2.45. 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 2.45, based on 653 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 Merit Turizm Yatirim ve Isletme AS. For the Travel & Leisure industry, the median Debt-to-EBITDA is 2.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merit Turizm Yatirim ve Isletme AS's current Debt-to-EBITDA is 0.00. 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 ₺22.47, compared to a current price of ₺15.92 — trading 29.1% below its estimated fair value. The current Debt-to-EBITDA is 0.00. Merit Turizm Yatirim ve Isletme AS's overall GF Score™ is 81/100 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 Merit Turizm Yatirim ve Isletme AS (IST:MERIT), the current Debt-to-EBITDA is 0.00 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 ₺15.92 is trading 29.1% below its estimated GF Value™ of ₺22.47.
GuruFocus considers Merit Turizm Yatirim ve Isletme AS to be Modestly Undervalued.
Key valuation signals for IST:MERIT:
Debt-to-EBITDA: 0.00
GF Value™: ₺22.47 vs. price of ₺15.92 (29.1% below fair value)
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 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.
81GF Score
Get the complete analysis for IST:MERIT
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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