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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 Turkcell Iletisim Hizmetleri AS's Debt-to-Equity or its related term are showing as below:
IST:TCELL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.48 Med: 1.03 Max: 2.06
Current: 0.71
During the past 13 years, the highest Debt-to-Equity Ratio of Turkcell Iletisim Hizmetleri AS was 2.06. The lowest was 0.48. And the median was 1.03.
IST:TCELL's Debt-to-Equity is ranked worse than 54.15% of 325
companies
in the Telecommunication Services industry
Industry Median: 0.62
vs IST:TCELL: 0.71
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.
Turkcell Iletisim Hizmetleri AS Debt-to-Equity Related Terms
Turkcell Iletisim Hizmetleri 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.
Turkcell Iletisim Hizmetleri AS Debt-to-Equity Chart
IST:TCELL vs VZ, TMUS, T: Debt-to-Equity Comparison
For the Telecom Services subindustry, Turkcell Iletisim Hizmetleri 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.
Turkcell Iletisim Hizmetleri AS Debt-to-Equity vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Turkcell Iletisim Hizmetleri AS's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Turkcell Iletisim Hizmetleri 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.
Turkcell Iletisim Hizmetleri AS (IST:TCELL) has a Debt-to-Equity of 0.71 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Turkcell Iletisim Hizmetleri AS and its competitors. This is 31% below median its historical median of 1.03. Over the past decade, Turkcell Iletisim Hizmetleri AS's Debt-to-Equity has ranged from 0.48 to 2.06. According to the industry distribution chart, Turkcell Iletisim Hizmetleri AS ranks #176 out of 325 companies in the Telecommunication Services industry, placing it in the top 54.2%.
Is Turkcell Iletisim Hizmetleri AS's Debt-to-Equity too high?
Turkcell Iletisim Hizmetleri AS's current Debt-to-Equity of 0.71 is 31% below median its 10-year median of 1.03. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 2.06. The Telecommunication Services industry median Debt-to-Equity is 0.62. Turkcell Iletisim Hizmetleri AS's value of 0.71 is 14.5% above this industry median. Based on the distribution chart, Turkcell Iletisim Hizmetleri AS ranks #176 out of 325 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Turkcell Iletisim Hizmetleri AS has a GF Score™ of 93/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Turkcell Iletisim Hizmetleri AS's Debt-to-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Turkcell Iletisim Hizmetleri AS ranks #176 out of 325 companies for Debt-to-Equity. This places Turkcell Iletisim Hizmetleri AS in the lower half of its industry. The industry median Debt-to-Equity is 0.62. Turkcell Iletisim Hizmetleri AS's value of 0.71 is 14.5% above this benchmark. Historically, Turkcell Iletisim Hizmetleri AS's own Debt-to-Equity has ranged from 0.48 to 2.06 over the past decade. While the company's 10-year median is 1.03 vs. the industry median of 0.62, Turkcell Iletisim Hizmetleri 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-Equity for a Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.62, based on 325 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. Turkcell Iletisim Hizmetleri AS's current Debt-to-Equity of 0.71 is 14.5% 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-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 Turkcell Iletisim Hizmetleri AS and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Turkcell Iletisim Hizmetleri AS's current Debt-to-Equity is 0.71, which is 31% below median its own 10-year median of 1.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Turkcell Iletisim Hizmetleri AS stock overvalued right now?
Based on GuruFocus' analysis, Turkcell Iletisim Hizmetleri AS (IST:TCELL) is currently considered Fairly Valued. The stock's GF Value™ is ₺107.02, compared to a current price of ₺105.10 — trading 1.8% below its estimated fair value. The current Debt-to-Equity is 0.71, which is 31% below median its 10-year median of 1.03 and 14.5% above the Telecommunication Services industry median of 0.62. Turkcell Iletisim Hizmetleri AS's overall GF Score™ is 93/100 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 Turkcell Iletisim Hizmetleri AS (IST:TCELL), the current Debt-to-Equity is 0.71 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 Turkcell Iletisim Hizmetleri AS (IST:TCELL) Overvalued in 2026?
Based on GuruFocus' analysis, Turkcell Iletisim Hizmetleri AS stock appears to be undervalued.
The current stock price of ₺105.10 is trading 1.8% below its estimated GF Value™ of ₺107.02.
GuruFocus considers Turkcell Iletisim Hizmetleri AS to be Fairly Valued.
Key valuation signals for IST:TCELL:
Debt-to-Equity: 0.71 (31% below median its 10-year median of 1.03)
GF Value™: ₺107.02 vs. price of ₺105.10 (1.8% below fair value)
Industry Position: 14.5% above the Telecommunication Services median (#176 of 325)
No single metric tells the full story. See the IST:TCELL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Turkcell Iletisim Hizmetleri AS provides mobile telephone services in Turkey. The firm's services portfolio includes mobile and fixed voice, data, TV, and digital services over its network. The firm also operates in the Turkish Republic of Northern Cyprus, Belarus, the Netherlands, and Ukraine. It has three main reportable segments: Turkcell Turkiye, Techfin, and Other. The Turkcell Turkiye segment, which derives the majority of revenue, comprises mainly telecommunication and technology services activities.
93GF Score
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