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.
A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.
IST:ASELS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.2 Max: 0.34
Current: 0.19
During the past 13 years, the highest Debt-to-Equity Ratio of Aselsan Elektroniknayi Ve Ticaret AS was 0.34. The lowest was 0.06. And the median was 0.20.
IST:ASELS's Debt-to-Equity is ranked better than 65.5% of 313
companies
in the Aerospace & Defense industry
Industry Median: 0.32
vs IST:ASELS: 0.19
Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) Debt-to-Equity Explanation
Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.
Aselsan Elektroniknayi Ve Ticaret AS Debt-to-Equity Related Terms
Aselsan Elektroniknayi Ve Ticaret AS Debt-to-Equity 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.
Aselsan Elektroniknayi Ve Ticaret AS Debt-to-Equity Chart
IST:ASELS vs SPCX, GE, RTX: Debt-to-Equity Comparison
For the Aerospace & Defense subindustry, Aselsan Elektroniknayi Ve Ticaret AS's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.
Aselsan Elektroniknayi Ve Ticaret AS Debt-to-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Aselsan Elektroniknayi Ve Ticaret AS's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Aselsan Elektroniknayi Ve Ticaret AS's Debt-to-Equity 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.
Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) has a Debt-to-Equity of 0.19 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aselsan Elektroniknayi Ve Ticaret AS and its competitors. This is near median its historical median of 0.20. Over the past decade, Aselsan Elektroniknayi Ve Ticaret AS's Debt-to-Equity has ranged from 0.06 to 0.34. According to the industry distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #108 out of 313 companies in the Aerospace & Defense industry, placing it in the top 34.5%.
Is Aselsan Elektroniknayi Ve Ticaret AS's Debt-to-Equity too high?
Aselsan Elektroniknayi Ve Ticaret AS's current Debt-to-Equity of 0.19 is near median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.34. The Aerospace & Defense industry median Debt-to-Equity is 0.32. Aselsan Elektroniknayi Ve Ticaret AS's value of 0.19 is 40.6% below this industry median. Based on the distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #108 out of 313 companies in the Aerospace & Defense industry, which is above the industry midpoint. Overall, Aselsan Elektroniknayi Ve Ticaret AS has a GF Score™ of 79/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Aselsan Elektroniknayi Ve Ticaret AS's Debt-to-Equity compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #108 out of 313 companies for Debt-to-Equity. This puts Aselsan Elektroniknayi Ve Ticaret AS in the upper half of its industry. The industry median Debt-to-Equity is 0.32. Aselsan Elektroniknayi Ve Ticaret AS's value of 0.19 is 40.6% below this benchmark. Historically, Aselsan Elektroniknayi Ve Ticaret AS's own Debt-to-Equity has ranged from 0.06 to 0.34 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.32, Aselsan Elektroniknayi Ve Ticaret 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-Equity for an Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.32, based on 313 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aselsan Elektroniknayi Ve Ticaret AS's current Debt-to-Equity of 0.19 is 40.6% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Aselsan Elektroniknayi Ve Ticaret AS and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aselsan Elektroniknayi Ve Ticaret AS's current Debt-to-Equity is 0.19, which is near median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aselsan Elektroniknayi Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺116.96, compared to a current price of ₺352.50 — trading 201.4% above its estimated fair value. The current Debt-to-Equity is 0.19, which is near median its 10-year median of 0.20 and 40.6% below the Aerospace & Defense industry median of 0.32. Aselsan Elektroniknayi Ve Ticaret AS's overall GF Score™ is 79/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS), the current Debt-to-Equity is 0.19 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 Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) Overvalued in 2026?
Based on GuruFocus' analysis, Aselsan Elektroniknayi Ve Ticaret AS stock appears to be overvalued.
The current stock price of ₺352.50 is trading 201.4% above its estimated GF Value™ of ₺116.96.
GuruFocus considers Aselsan Elektroniknayi Ve Ticaret AS to be Significantly Overvalued.
Key valuation signals for IST:ASELS:
Debt-to-Equity: 0.19 (near median its 10-year median of 0.20)
GF Value™: ₺116.96 vs. price of ₺352.50 (201.4% above fair value)
Industry Position: 40.6% below the Aerospace & Defense median (#108 of 313)
No single metric tells the full story. See the IST:ASELS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Aselsan Elektroniknayi Ve Ticaret AS Business Description
Aselsan Elektronik Sanayi Ve Ticaret AS provides defense technologies to the Turkish armed forces. Additionally, it exports systems and solutions to clients in other countries and has taken on civil projects. Its products may help with communications, radars, sensing, or other defense systems to enhance proficiencies within the industrials sector. Marketing efforts may be geared toward a specific customer or specific segment in the market, and plans are implemented to showcase product capabilities.
79GF Score
Get the complete analysis for IST:ASELS
Debt-to-Equity 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:ASELS has been successfully added to your 
