Ayen Enerji AS (IST:AYEN) Debt-to-Equity: 0.38 (As of Mar. 2026) — 85% Below Median

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IST:AYEN Ayen Enerji AS IST:AYEN
50 GF Score
Price ₺34.00
GF Value ₺22.96
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Ayen Enerji AS Debt-to-Equity?

Ayen Enerji AS IST:AYEN 50 Debt-to-Equity is 0.38 as of Mar. 2026, which is 85% below its 10-year median of 2.49. GuruFocus rates IST:AYEN with a GF Score™ of 50/100 and a GF Value™ of ₺22.96 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 397 Utilities - Independent Power Producers companies, Ayen Enerji AS ranks better than 71.28% on this metric.

Ayen Enerji AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺1,920 Mil. Ayen Enerji AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺5,128 Mil. Ayen Enerji AS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₺18,686 Mil. Ayen Enerji AS's debt to equity for the quarter that ended in Mar. 2026 was 0.38.

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.

The historical rank and industry rank for Ayen Enerji AS's Debt-to-Equity or its related term are showing as below:

IST:AYEN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.38   Med: 2.49   Max: 7.05
Current: 0.38

During the past 13 years, the highest Debt-to-Equity Ratio of Ayen Enerji AS was 7.05. The lowest was 0.38. And the median was 2.49.

IST:AYEN's Debt-to-Equity is ranked better than
71.28% of 397 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84 vs IST:AYEN: 0.38

Ayen Enerji AS  (IST:AYEN) Debt-to-Equity Explanation

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


Be Aware

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.


Ayen Enerji AS Debt-to-Equity Related Terms


Ayen Enerji AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ayen Enerji AS's Debt-to-Equity 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.

Ayen Enerji AS Debt-to-Equity Chart

Ayen Enerji AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.11 0.73 0.53 0.45 0.41

Ayen Enerji 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-Equity 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 0.45 0.48 0.44 0.41 0.38

Ayen Enerji AS Debt-to-Equity Competitor Comparison

For the Utilities - Renewable subindustry, Ayen Enerji 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.


Ayen Enerji AS Debt-to-Equity vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Ayen Enerji AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ayen Enerji AS's Debt-to-Equity falls into.


IST:AYEN
50GF Score
Ayen Enerji AS IST:AYEN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Ayen Enerji AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ayen Enerji AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Ayen Enerji AS's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.38 mean?
Ayen Enerji AS (IST:AYEN) has a Debt-to-Equity of 0.38 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ayen Enerji AS and its competitors. This is 85% below median its historical median of 2.49. Over the past decade, Ayen Enerji AS's Debt-to-Equity has ranged from 0.38 to 7.05. According to the industry distribution chart, Ayen Enerji AS ranks #114 out of 397 companies in the Utilities - Independent Power Producers industry, placing it in the top 28.7%.
Is Ayen Enerji AS's Debt-to-Equity too high?
Ayen Enerji AS's current Debt-to-Equity of 0.38 is 85% below median its 10-year median of 2.49. Over the past 10 years, this metric has ranged from a low of 0.38 to a high of 7.05. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. Ayen Enerji AS's value of 0.38 is 54.8% below this industry median. Based on the distribution chart, Ayen Enerji AS ranks #114 out of 397 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Ayen Enerji AS has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ayen Enerji AS's Debt-to-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ayen Enerji AS ranks #114 out of 397 companies for Debt-to-Equity. This puts Ayen Enerji AS in the upper half of its industry. The industry median Debt-to-Equity is 0.84. Ayen Enerji AS's value of 0.38 is 54.8% below this benchmark. Historically, Ayen Enerji AS's own Debt-to-Equity has ranged from 0.38 to 7.05 over the past decade. While the company's 10-year median is 2.49 vs. the industry median of 0.84, Ayen Enerji 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 Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 397 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. Ayen Enerji AS's current Debt-to-Equity of 0.38 is 54.8% 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 Ayen Enerji AS and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ayen Enerji AS's current Debt-to-Equity is 0.38, which is 85% below median its own 10-year median of 2.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ayen Enerji AS stock overvalued right now?
Based on GuruFocus' analysis, Ayen Enerji AS (IST:AYEN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺22.96, compared to a current price of ₺34.00 — trading 48.1% above its estimated fair value. The current Debt-to-Equity is 0.38, which is 85% below median its 10-year median of 2.49 and 54.8% below the Utilities - Independent Power Producers industry median of 0.84. Ayen Enerji AS's overall GF Score™ is 50/100 with 6 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 Ayen Enerji AS (IST:AYEN), the current Debt-to-Equity is 0.38 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 Ayen Enerji AS (IST:AYEN) Overvalued in 2026?

Based on GuruFocus' analysis, Ayen Enerji AS stock appears to be overvalued. The current stock price of ₺34.00 is trading 48.1% above its estimated GF Value™ of ₺22.96. GuruFocus considers Ayen Enerji AS to be Significantly Overvalued.

Key valuation signals for IST:AYEN:

  • Debt-to-Equity: 0.38 (85% below median its 10-year median of 2.49)
  • GF Value™: ₺22.96 vs. price of ₺34.00 (48.1% above fair value)
  • GF Score™: 50/100 with 6 warning signs
  • Industry Position: 54.8% below the Utilities - Independent Power Producers median (#114 of 397)

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


Ayen Enerji AS Business Description

Address Hulya Sokak No: 37, Gaziosmanpasa, Ankara, TUR, 06700
Ayen Enerji AS is a Turkey-based company engaged in the generation, transmission, distribution, and trading of electricity. The company's geographical segment includes Turkey and Abroad. It generates maximum revenue from Abroad. The company generates the majority of its energy from Hydro plants. The companies located in abroad operate in Albania, Serbia, and Slovenia.
50GF Score

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

₺34.00
Price
₺22.96
GF Value