Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) Debt-to-EBITDA : 2.74 (As of Mar. 2026) — 20% Above Median

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IST:SISE Turkiye Sise ve Cam Fabrikalari AS IST:SISE
90 GF Score
Price ₺44.20
GF Value ₺60.82
Valuation Modestly Undervalued
! 8 Warning Signs
View Full Analysis

What is Turkiye Sise ve Cam Fabrikalari AS Debt-to-EBITDA?

Turkiye Sise ve Cam Fabrikalari AS IST:SISE -1.78% 90 Debt-to-EBITDA is 2.74 as of Mar. 2026, which is 20% above its 10-year median of 2.29. GuruFocus rates IST:SISE with a GF Score™ of 90/100 and a GF Value™ of ₺60.82 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 460 Conglomerates companies, Turkiye Sise ve Cam Fabrikalari AS ranks worse than 52.39% on this metric.

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

Turkiye Sise ve Cam Fabrikalari AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺42,434 Mil. Turkiye Sise ve Cam Fabrikalari AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺128,281 Mil. Turkiye Sise ve Cam Fabrikalari AS's annualized EBITDA for the quarter that ended in Mar. 2026 was ₺62,292 Mil. Turkiye Sise ve Cam Fabrikalari AS's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 2.74.

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.

The historical rank and industry rank for Turkiye Sise ve Cam Fabrikalari AS's Debt-to-EBITDA or its related term are showing as below:

IST:SISE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.52   Med: 2.29   Max: 3.2
Current: 2.92

During the past 13 years, the highest Debt-to-EBITDA Ratio of Turkiye Sise ve Cam Fabrikalari AS was 3.20. The lowest was 1.52. And the median was 2.29.

IST:SISE's Debt-to-EBITDA is ranked worse than
52.39% of 460 companies
in the Conglomerates industry
Industry Median: 2.755 vs IST:SISE: 2.92

Turkiye Sise ve Cam Fabrikalari AS  (IST:SISE) 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.


Turkiye Sise ve Cam Fabrikalari AS Debt-to-EBITDA Related Terms


Turkiye Sise ve Cam Fabrikalari AS Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Turkiye Sise ve Cam Fabrikalari 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.

Turkiye Sise ve Cam Fabrikalari AS Debt-to-EBITDA Chart

Turkiye Sise ve Cam Fabrikalari 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 1.89 1.74 1.99 3.20 2.82

Turkiye Sise ve Cam Fabrikalari 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 2.29 2.87 2.95 2.55 2.74

IST:SISE vs HON, MMM: Debt-to-EBITDA Comparison

For the Conglomerates subindustry, Turkiye Sise ve Cam Fabrikalari 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.


Turkiye Sise ve Cam Fabrikalari AS Debt-to-EBITDA vs Conglomerates Industry

For the Conglomerates industry and Industrials sector, Turkiye Sise ve Cam Fabrikalari AS's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Turkiye Sise ve Cam Fabrikalari AS's Debt-to-EBITDA falls into.


IST:SISE
90GF Score
Turkiye Sise ve Cam Fabrikalari AS IST:SISE
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Turkiye Sise ve Cam Fabrikalari AS Debt-to-EBITDA Calculation

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

Turkiye Sise ve Cam Fabrikalari 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
=(63169.102 + 98754.145) / 57446.872
=2.82

Turkiye Sise ve Cam Fabrikalari 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
=(42433.888 + 128281.125) / 62292.128
=2.74

* 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 2.74 mean?
Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) has a Debt-to-EBITDA of 2.74 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 Turkiye Sise ve Cam Fabrikalari AS. This is 20% above median its historical median of 2.29. Over the past decade, Turkiye Sise ve Cam Fabrikalari AS's Debt-to-EBITDA has ranged from 1.52 to 3.20. According to the industry distribution chart, Turkiye Sise ve Cam Fabrikalari AS ranks #241 out of 460 companies in the Conglomerates industry, placing it in the top 52.4%.
Is Turkiye Sise ve Cam Fabrikalari AS's Debt-to-EBITDA too high?
Turkiye Sise ve Cam Fabrikalari AS's current Debt-to-EBITDA of 2.74 is 20% above median its 10-year median of 2.29. Over the past 10 years, this metric has ranged from a low of 1.52 to a high of 3.20. The Conglomerates industry median Debt-to-EBITDA is 2.76. Turkiye Sise ve Cam Fabrikalari AS's value of 2.74 is 0.5% below this industry median. Based on the distribution chart, Turkiye Sise ve Cam Fabrikalari AS ranks #241 out of 460 companies in the Conglomerates industry, which is below the industry midpoint. Overall, Turkiye Sise ve Cam Fabrikalari AS has a GF Score™ of 90/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Turkiye Sise ve Cam Fabrikalari AS's Debt-to-EBITDA compare to HON and MMM?
According to the Conglomerates industry distribution chart, Turkiye Sise ve Cam Fabrikalari AS ranks #241 out of 460 companies for Debt-to-EBITDA. This places Turkiye Sise ve Cam Fabrikalari AS in the lower half of its industry. The industry median Debt-to-EBITDA is 2.76. Turkiye Sise ve Cam Fabrikalari AS's value of 2.74 is 0.5% below this benchmark. Historically, Turkiye Sise ve Cam Fabrikalari AS's own Debt-to-EBITDA has ranged from 1.52 to 3.20 over the past decade. While the company's 10-year median is 2.29 vs. the industry median of 2.76, Turkiye Sise ve Cam Fabrikalari 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 a Conglomerates company?
The median Debt-to-EBITDA among Conglomerates companies is 2.76, based on 460 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. Turkiye Sise ve Cam Fabrikalari AS's current Debt-to-EBITDA of 2.74 is 0.5% 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 Turkiye Sise ve Cam Fabrikalari AS. For the Conglomerates industry, the median Debt-to-EBITDA is 2.76 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turkiye Sise ve Cam Fabrikalari AS's current Debt-to-EBITDA is 2.74, which is 20% above median its own 10-year median of 2.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkiye Sise ve Cam Fabrikalari AS stock overvalued right now?
Based on GuruFocus' analysis, Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺60.82, compared to a current price of ₺44.20 — trading 27.3% below its estimated fair value. The current Debt-to-EBITDA is 2.74, which is 20% above median its 10-year median of 2.29 and 0.5% below the Conglomerates industry median of 2.76. Turkiye Sise ve Cam Fabrikalari AS's overall GF Score™ is 90/100 with 8 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 Turkiye Sise ve Cam Fabrikalari AS (IST:SISE), the current Debt-to-EBITDA is 2.74 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 Turkiye Sise ve Cam Fabrikalari AS (IST:SISE) Overvalued in 2026?

Based on GuruFocus' analysis, Turkiye Sise ve Cam Fabrikalari AS stock appears to be undervalued. The current stock price of ₺44.20 is trading 27.3% below its estimated GF Value™ of ₺60.82. GuruFocus considers Turkiye Sise ve Cam Fabrikalari AS to be Modestly Undervalued.

Key valuation signals for IST:SISE:

  • Debt-to-EBITDA: 2.74 (20% above median its 10-year median of 2.29)
  • GF Value™: ₺60.82 vs. price of ₺44.20 (27.3% below fair value)
  • GF Score™: 90/100 with 8 warning signs
  • Industry Position: 0.5% below the Conglomerates median (#241 of 460)

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


Turkiye Sise ve Cam Fabrikalari AS Business Description

Address Icmeler Mahallesi, D-100 Karayolu Caddesi, No: 44/A, Tuzla, Istanbul, TUR, 34947
Turkiye Sise ve Cam Fabrikalari AS is a holding company that, through its subsidiaries, manufactures and sells glass products, chemicals, and glass packaging. The firm's five segments are based on product type. The flat glass segment, which generates more revenue than any other segment, sells glass panes used in windows and automobile windshields. The glassware segment sells glass beverage bottles and crystal products. The other three segments are glass packaging, chemicals, and other, which consists primarily of services including insurance and the export and import of goods. The majority of revenue comes from Turkey.
90GF Score

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

₺44.20
Price
₺60.82
GF Value