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Net Holding ASIST:NTHOL -2.00%71 EBITDA Margin % is 43.23% as of Mar. 2026, which is 14% below its 10-year median of 50.45. GuruFocus rates IST:NTHOL with a GF Score™ of 71/100 and a GF Value™ of ₺56.10 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 843 Travel & Leisure companies, Net Holding AS ranks better than 85.05% on this metric.
EBITDA Margin % is calculated as EBITDA divided by its Revenue. Net Holding AS's EBITDA for the
three
months ended in Mar. 2026 was ₺2,802 Mil. Net Holding AS's Revenue for the
three
months ended in Mar. 2026 was ₺6,483 Mil. Therefore, Net Holding AS's EBITDA margin for the quarter that ended in Mar. 2026 was 43.23%.
Net Holding AS (IST:NTHOL) EBITDA Margin % Explanation
EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.
Net Holding AS EBITDA Margin % Related Terms
Net Holding AS EBITDA Margin % Historical Data
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The historical data trend for Net Holding AS's EBITDA Margin % 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.
IST:NTHOL vs BKNG, ABNB, RCL: EBITDA Margin % Comparison
For the Travel Services subindustry, Net Holding AS's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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.
Net Holding AS EBITDA Margin % vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Net Holding AS's EBITDA Margin % distribution charts can be found below:
* The bar in red indicates where Net Holding AS's EBITDA Margin % 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.
Net Holding AS (IST:NTHOL) has a EBITDA Margin % of 43.23% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Net Holding AS and its competitors. This is 14% below median its historical median of 50.45. According to the industry distribution chart, Net Holding AS ranks #126 out of 843 companies in the Travel & Leisure industry, placing it in the top 14.9%.
Is Net Holding AS's EBITDA Margin % too high?
Net Holding AS's current EBITDA Margin % of 43.23% is 14% below median its 10-year median of 50.45. The Travel & Leisure industry median EBITDA Margin % is 15.62. Net Holding AS's value of 43.23% is 176.8% above this industry median. Based on the distribution chart, Net Holding AS ranks #126 out of 843 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, Net Holding AS has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Net Holding AS's EBITDA Margin % compare to BKNG and ABNB?
According to the Travel & Leisure industry distribution chart, Net Holding AS ranks #126 out of 843 companies for EBITDA Margin %. This places Net Holding AS in the top 15% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 15.62. Net Holding AS's value of 43.23% is 176.8% above this benchmark. While the company's 10-year median is 50.45 vs. the industry median of 15.62, Net Holding 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 EBITDA Margin % for a Travel & Leisure company?
The median EBITDA Margin % among Travel & Leisure companies is 15.62, based on 843 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Net Holding AS's current EBITDA Margin % of 43.23% is 176.8% 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 EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Net Holding AS and its competitors. For the Travel & Leisure industry, the median EBITDA Margin % is 15.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Net Holding AS's current EBITDA Margin % is 43.23%, which is 14% below median its own 10-year median of 50.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Net Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Net Holding AS (IST:NTHOL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺56.10, compared to a current price of ₺44.10 — trading 21.4% below its estimated fair value. The current EBITDA Margin % is 43.23%, which is 14% below median its 10-year median of 50.45 and 176.8% above the Travel & Leisure industry median of 15.62. Net Holding AS's overall GF Score™ is 71/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Net Holding AS (IST:NTHOL), the current EBITDA Margin % is 43.23% 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 Net Holding AS (IST:NTHOL) Overvalued in 2026?
Based on GuruFocus' analysis, Net Holding AS stock appears to be undervalued.
The current stock price of ₺44.10 is trading 21.4% below its estimated GF Value™ of ₺56.10.
GuruFocus considers Net Holding AS to be Modestly Undervalued.
Key valuation signals for IST:NTHOL:
EBITDA Margin %: 43.23% (14% below median its 10-year median of 50.45)
GF Value™: ₺56.10 vs. price of ₺44.10 (21.4% below fair value)
Industry Position: 176.8% above the Travel & Leisure median (#126 of 843)
No single metric tells the full story. See the IST:NTHOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Net Holding AS is a Turkey-based holding company which mainly provides tourism services. It manages its business through five reportable segments, namely, tourism, finance, publication, holding and others. As a tourism company, its major revenues come from the tourism segment. The tourism segment comprises of hotel and accommodation, touristic shopping, managing duty-free shops and car rentals. Through the publishing segment, the company publishes books and runs bookstores. The Holding segment refers to the company's business of managing its net group of companies and the other segment provides construction and agriculture-related services. The company's geographical segments are TRNC(Turkish Republic of Northern Cyprus), Croatia, Montenegro, Bulgaria, and Turkey.
71GF Score
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EBITDA Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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