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.
IST:ASELS'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.98 Med: 12.35 Max: 61.45
Current: 36.77
During the past 13 years, the highest EV-to-EBITDA of Aselsan Elektroniknayi Ve Ticaret AS was 61.45. The lowest was 5.98. And the median was 12.35.
IST:ASELS's EV-to-EBITDA is ranked worse than 72.83% of 265
companies
in the Aerospace & Defense industry
Industry Median: 21.44
vs IST:ASELS: 36.77
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).
Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Aselsan Elektroniknayi Ve Ticaret AS's PE Ratio (TTM) for today is calculated as:
Aselsan Elektroniknayi Ve Ticaret AS's share price for today is ₺352.50.
Aselsan Elektroniknayi Ve Ticaret AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺7.149.
* 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.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* 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 EV-to-EBITDA Chart
IST:ASELS vs SPCX, GE, RTX: EV-to-EBITDA Comparison
For the Aerospace & Defense subindustry, Aselsan Elektroniknayi Ve Ticaret AS's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Aselsan Elektroniknayi Ve Ticaret AS's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Aselsan Elektroniknayi Ve Ticaret AS's EV-to-EBITDA falls into.
Aselsan Elektroniknayi Ve Ticaret AS's current Enterprise Value is ₺1,623,043 Mil.
Aselsan Elektroniknayi Ve Ticaret AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺44,137 Mil.
* 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 EV-to-EBITDA of 36.77 as of Jul. 17, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Aselsan Elektroniknayi Ve Ticaret AS. This is 198% above median its historical median of 12.35. Over the past decade, Aselsan Elektroniknayi Ve Ticaret AS's EV-to-EBITDA has ranged from 5.98 to 61.45. According to the industry distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #193 out of 265 companies in the Aerospace & Defense industry, placing it in the top 72.8%.
Is Aselsan Elektroniknayi Ve Ticaret AS's EV-to-EBITDA too high?
Aselsan Elektroniknayi Ve Ticaret AS's current EV-to-EBITDA of 36.77 is 198% above median its 10-year median of 12.35. Over the past 10 years, this metric has ranged from a low of 5.98 to a high of 61.45. The Aerospace & Defense industry median EV-to-EBITDA is 21.44. Aselsan Elektroniknayi Ve Ticaret AS's value of 36.77 is 71.5% above this industry median. Based on the distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #193 out of 265 companies in the Aerospace & Defense industry, which is below 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 EV-to-EBITDA compare to SPCX and GE?
According to the Aerospace & Defense industry distribution chart, Aselsan Elektroniknayi Ve Ticaret AS ranks #193 out of 265 companies for EV-to-EBITDA. This places Aselsan Elektroniknayi Ve Ticaret AS in the lower half of its industry. The industry median EV-to-EBITDA is 21.44. Aselsan Elektroniknayi Ve Ticaret AS's value of 36.77 is 71.5% above this benchmark. Historically, Aselsan Elektroniknayi Ve Ticaret AS's own EV-to-EBITDA has ranged from 5.98 to 61.45 over the past decade. While the company's 10-year median is 12.35 vs. the industry median of 21.44, Aselsan Elektroniknayi Ve Ticaret 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 EV-to-EBITDA for an Aerospace & Defense company?
The median EV-to-EBITDA among Aerospace & Defense companies is 21.44, based on 265 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aselsan Elektroniknayi Ve Ticaret AS's current EV-to-EBITDA of 36.77 is 71.5% 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 EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Aselsan Elektroniknayi Ve Ticaret AS. For the Aerospace & Defense industry, the median EV-to-EBITDA is 21.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aselsan Elektroniknayi Ve Ticaret AS's current EV-to-EBITDA is 36.77, which is 198% above median its own 10-year median of 12.35. 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 EV-to-EBITDA is 36.77, which is 198% above median its 10-year median of 12.35 and 71.5% above the Aerospace & Defense industry median of 21.44. 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 EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Aselsan Elektroniknayi Ve Ticaret AS (IST:ASELS), the current EV-to-EBITDA is 36.77 as of Jul. 17, 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:
EV-to-EBITDA: 36.77 (198% above median its 10-year median of 12.35)
GF Value™: ₺116.96 vs. price of ₺352.50 (201.4% above fair value)
Industry Position: 71.5% above the Aerospace & Defense median (#193 of 265)
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
EV-to-EBITDA 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 
