Ayen Enerji AS (IST:AYEN) EV-to-EBITDA: 6.86 (As of Aug. 05, 2026) — 31% Below Median

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IST:AYEN Ayen Enerji AS IST:AYEN
54 GF Score
Price ₺31.88
GF Value ₺22.99
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Ayen Enerji AS EV-to-EBITDA?

Ayen Enerji AS IST:AYEN +1.85% 54 EV-to-EBITDA is 6.86 as of Aug. 05, 2026, which is 31% below its 10-year median of 9.95. GuruFocus rates IST:AYEN with a GF Score™ of 54/100 and a GF Value™ of ₺22.99 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 359 Utilities - Independent Power Producers companies, Ayen Enerji AS ranks better than 75.77% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Ayen Enerji AS's enterprise value is ₺16,055 Mil. Ayen Enerji AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₺2,342 Mil. Therefore, Ayen Enerji AS's EV-to-EBITDA for today is 6.86.

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

IST:AYEN' s EV-to-EBITDA Range Over the Past 10 Years
Min: 1.94   Med: 9.95   Max: 78.63
Current: 6.86

During the past 13 years, the highest EV-to-EBITDA of Ayen Enerji AS was 78.63. The lowest was 1.94. And the median was 9.95.

IST:AYEN's EV-to-EBITDA is ranked better than
75.77% of 359 companies
in the Utilities - Independent Power Producers industry
Industry Median: 11.61 vs IST:AYEN: 6.86

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.

As of today (2026-08-05), Ayen Enerji AS's stock price is ₺31.88. Ayen Enerji AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺0.888. Therefore, Ayen Enerji AS's PE Ratio (TTM) for today is 35.90.

The "classic" EV-to-EBITDA is much better in capturing debt and net cash than the PE Ratio (TTM).


Ayen Enerji AS  (IST:AYEN) 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.

Ayen Enerji AS's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=31.88/0.888
=35.90

Ayen Enerji AS's share price for today is ₺31.88.
Ayen Enerji 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 ₺0.888.

* 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).

Please read Which price ratio outperforms the enterprise multiple?


Ayen Enerji AS EV-to-EBITDA Related Terms


Ayen Enerji AS EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ayen Enerji AS's EV-to-EBITDA 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 EV-to-EBITDA Chart

Ayen Enerji AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.77 3.65 5.41 4.69 6.32

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
EV-to-EBITDA 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 4.04 5.38 6.51 6.32 7.06

Ayen Enerji AS EV-to-EBITDA Competitor Comparison

For the Utilities - Renewable subindustry, Ayen Enerji 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.


Ayen Enerji AS EV-to-EBITDA vs Utilities - Independent Power Producers Industry

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

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


IST:AYEN
54GF Score
Ayen Enerji AS IST:AYEN
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ayen Enerji AS EV-to-EBITDA Calculation

Ayen Enerji AS's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=16055.195/2341.708
=6.86

Ayen Enerji AS's current Enterprise Value is ₺16,055 Mil.
Ayen Enerji 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 ₺2,342 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.

Frequently Asked Questions Learn more about EV-to-EBITDA →
What does a EV-to-EBITDA of 6.86 mean?
Ayen Enerji AS (IST:AYEN) has a EV-to-EBITDA of 6.86 as of Aug. 05, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Ayen Enerji AS. This is 31% below median its historical median of 9.95. Over the past decade, Ayen Enerji AS's EV-to-EBITDA has ranged from 1.94 to 78.63. According to the industry distribution chart, Ayen Enerji AS ranks #87 out of 359 companies in the Utilities - Independent Power Producers industry, placing it in the top 24.2%.
Is Ayen Enerji AS's EV-to-EBITDA too high?
Ayen Enerji AS's current EV-to-EBITDA of 6.86 is 31% below median its 10-year median of 9.95. Over the past 10 years, this metric has ranged from a low of 1.94 to a high of 78.63. The Utilities - Independent Power Producers industry median EV-to-EBITDA is 11.61. Ayen Enerji AS's value of 6.86 is 40.9% below this industry median. Based on the distribution chart, Ayen Enerji AS ranks #87 out of 359 companies in the Utilities - Independent Power Producers industry, which is in the top quartile — a strong position relative to peers. Overall, Ayen Enerji AS has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ayen Enerji AS's EV-to-EBITDA compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Ayen Enerji AS ranks #87 out of 359 companies for EV-to-EBITDA. This places Ayen Enerji AS in the top 24% of its industry — outperforming the majority of peers. The industry median EV-to-EBITDA is 11.61. Ayen Enerji AS's value of 6.86 is 40.9% below this benchmark. Historically, Ayen Enerji AS's own EV-to-EBITDA has ranged from 1.94 to 78.63 over the past decade. While the company's 10-year median is 9.95 vs. the industry median of 11.61, 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 EV-to-EBITDA for an Utilities - Independent Power Producers company?
The median EV-to-EBITDA among Utilities - Independent Power Producers companies is 11.61, based on 359 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. Ayen Enerji AS's current EV-to-EBITDA of 6.86 is 40.9% 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 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 Ayen Enerji AS. For the Utilities - Independent Power Producers industry, the median EV-to-EBITDA is 11.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ayen Enerji AS's current EV-to-EBITDA is 6.86, which is 31% below median its own 10-year median of 9.95. 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 ₺22.99, compared to a current price of ₺31.88 — trading 38.7% above its estimated fair value. The current EV-to-EBITDA is 6.86, which is 31% below median its 10-year median of 9.95 and 40.9% below the Utilities - Independent Power Producers industry median of 11.61. Ayen Enerji AS's overall GF Score™ is 54/100 with 6 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 Ayen Enerji AS (IST:AYEN), the current EV-to-EBITDA is 6.86 as of Aug. 05, 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 ₺31.88 is trading 38.7% above its estimated GF Value™ of ₺22.99. GuruFocus considers Ayen Enerji AS to be Significantly Overvalued.

Key valuation signals for IST:AYEN:

  • EV-to-EBITDA: 6.86 (31% below median its 10-year median of 9.95)
  • GF Value™: ₺22.99 vs. price of ₺31.88 (38.7% above fair value)
  • GF Score™: 54/100 with 6 warning signs
  • Industry Position: 40.9% below the Utilities - Independent Power Producers median (#87 of 359)

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.
54GF Score

Get the complete analysis for IST:AYEN

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

₺31.88
Price
₺22.99
GF Value