Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) Debt-to-Equity: 0.96 (As of Mar. 2026) — 72% Below Median

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IST:ZOREN Zorlu Enerji Elektrik Uretim AS IST:ZOREN
61 GF Score
Price ₺2.32
GF Value ₺3.29
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Zorlu Enerji Elektrik Uretim AS Debt-to-Equity?

Zorlu Enerji Elektrik Uretim AS IST:ZOREN -1.28% 61 Debt-to-Equity is 0.96 as of Mar. 2026, which is 72% below its 10-year median of 3.45. GuruFocus rates IST:ZOREN with a GF Score™ of 61/100 and a GF Value™ of ₺3.29 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 397 Utilities - Independent Power Producers companies, Zorlu Enerji Elektrik Uretim AS ranks worse than 53.65% on this metric.

Zorlu Enerji Elektrik Uretim AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺11,526 Mil. Zorlu Enerji Elektrik Uretim AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺47,270 Mil. Zorlu Enerji Elektrik Uretim AS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₺61,079 Mil. Zorlu Enerji Elektrik Uretim AS's debt to equity for the quarter that ended in Mar. 2026 was 0.96.

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 Zorlu Enerji Elektrik Uretim AS's Debt-to-Equity or its related term are showing as below:

IST:ZOREN' s Debt-to-Equity Range Over the Past 10 Years
Min: -90.3   Med: 3.45   Max: 9.97
Current: 0.96

During the past 13 years, the highest Debt-to-Equity Ratio of Zorlu Enerji Elektrik Uretim AS was 9.97. The lowest was -90.30. And the median was 3.45.

IST:ZOREN's Debt-to-Equity is ranked worse than
53.65% of 397 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84 vs IST:ZOREN: 0.96

Zorlu Enerji Elektrik Uretim AS  (IST:ZOREN) 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.


Zorlu Enerji Elektrik Uretim AS Debt-to-Equity Related Terms


Zorlu Enerji Elektrik Uretim AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Zorlu Enerji Elektrik Uretim 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.

Zorlu Enerji Elektrik Uretim AS Debt-to-Equity Chart

Zorlu Enerji Elektrik Uretim 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 3.77 1.64 1.11 0.78 0.99

Zorlu Enerji Elektrik Uretim 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 0.84 0.86 0.81 0.99 0.96

Zorlu Enerji Elektrik Uretim AS Debt-to-Equity Competitor Comparison

For the Utilities - Renewable subindustry, Zorlu Enerji Elektrik Uretim 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.


Zorlu Enerji Elektrik Uretim AS Debt-to-Equity vs Utilities - Independent Power Producers Industry

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

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


IST:ZOREN
61GF Score
Zorlu Enerji Elektrik Uretim AS IST:ZOREN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zorlu Enerji Elektrik Uretim AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Zorlu Enerji Elektrik Uretim 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 0.96 mean?
Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) has a Debt-to-Equity of 0.96 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zorlu Enerji Elektrik Uretim AS and its competitors. This is 72% below median its historical median of 3.45. According to the industry distribution chart, Zorlu Enerji Elektrik Uretim AS ranks #213 out of 397 companies in the Utilities - Independent Power Producers industry, placing it in the top 53.7%.
Is Zorlu Enerji Elektrik Uretim AS's Debt-to-Equity too high?
Zorlu Enerji Elektrik Uretim AS's current Debt-to-Equity of 0.96 is 72% below median its 10-year median of 3.45. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. Zorlu Enerji Elektrik Uretim AS's value of 0.96 is 14.3% above this industry median. Based on the distribution chart, Zorlu Enerji Elektrik Uretim AS ranks #213 out of 397 companies in the Utilities - Independent Power Producers industry, which is below the industry midpoint. Overall, Zorlu Enerji Elektrik Uretim AS has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Zorlu Enerji Elektrik Uretim AS's Debt-to-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Zorlu Enerji Elektrik Uretim AS ranks #213 out of 397 companies for Debt-to-Equity. This places Zorlu Enerji Elektrik Uretim AS in the lower half of its industry. The industry median Debt-to-Equity is 0.84. Zorlu Enerji Elektrik Uretim AS's value of 0.96 is 14.3% above this benchmark. While the company's 10-year median is 3.45 vs. the industry median of 0.84, Zorlu Enerji Elektrik Uretim 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 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. Zorlu Enerji Elektrik Uretim AS's current Debt-to-Equity of 0.96 is 14.3% 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 Zorlu Enerji Elektrik Uretim 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. Zorlu Enerji Elektrik Uretim AS's current Debt-to-Equity is 0.96, which is 72% below median its own 10-year median of 3.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zorlu Enerji Elektrik Uretim AS stock overvalued right now?
Based on GuruFocus' analysis, Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺3.29, compared to a current price of ₺2.32 — trading 29.5% below its estimated fair value. The current Debt-to-Equity is 0.96, which is 72% below median its 10-year median of 3.45 and 14.3% above the Utilities - Independent Power Producers industry median of 0.84. Zorlu Enerji Elektrik Uretim AS's overall GF Score™ is 61/100 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 Zorlu Enerji Elektrik Uretim AS (IST:ZOREN), the current Debt-to-Equity is 0.96 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 Zorlu Enerji Elektrik Uretim AS (IST:ZOREN) Overvalued in 2026?

Based on GuruFocus' analysis, Zorlu Enerji Elektrik Uretim AS stock appears to be undervalued. The current stock price of ₺2.32 is trading 29.5% below its estimated GF Value™ of ₺3.29. GuruFocus considers Zorlu Enerji Elektrik Uretim AS to be Modestly Undervalued.

Key valuation signals for IST:ZOREN:

  • Debt-to-Equity: 0.96 (72% below median its 10-year median of 3.45)
  • GF Value™: ₺3.29 vs. price of ₺2.32 (29.5% below fair value)
  • GF Score™: 61/100 with 6 warning signs
  • Industry Position: 14.3% above the Utilities - Independent Power Producers median (#213 of 397)

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


Zorlu Enerji Elektrik Uretim AS Business Description

Address Buyukdere Caddesi, No: 199, Levent 199, Istanbul, TUR, 34394
Zorlu Enerji Elektrik Uretim AS together with its subsidiaries is engaged in establishing, renting and operating facilities of electrical energy production plant, producing electricity and trading electricity to the customers.
61GF Score

Get the complete analysis for IST:ZOREN

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

₺2.32
Price
₺3.29
GF Value