Marti Otel Isletmeleri AS (IST:MARTI) EV-to-EBITDA: 23.41 (As of Jul. 23, 2026) — 35% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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:MARTI Marti Otel Isletmeleri AS IST:MARTI
28 GF Score
Price ₺1.79
GF Value ₺3.90
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Marti Otel Isletmeleri AS EV-to-EBITDA?

Marti Otel Isletmeleri AS IST:MARTI +9.82% 28 EV-to-EBITDA is 23.41 as of Jul. 23, 2026, which is 35% above its 10-year median of 17.38. GuruFocus rates IST:MARTI with a GF Score™ of 28/100 and a GF Value™ of ₺3.90 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 691 Travel & Leisure companies, Marti Otel Isletmeleri AS ranks worse than 81.04% on this metric.

EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Marti Otel Isletmeleri AS's enterprise value is ₺17,120 Mil. Marti Otel Isletmeleri AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₺731 Mil. Therefore, Marti Otel Isletmeleri AS's EV-to-EBITDA for today is 23.41.

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

IST:MARTI' s EV-to-EBITDA Range Over the Past 10 Years
Min: -104.08   Med: 17.38   Max: 118.93
Current: 23.41

During the past 13 years, the highest EV-to-EBITDA of Marti Otel Isletmeleri AS was 118.93. The lowest was -104.08. And the median was 17.38.

IST:MARTI's EV-to-EBITDA is ranked worse than
81.04% of 691 companies
in the Travel & Leisure industry
Industry Median: 9.67 vs IST:MARTI: 23.41

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 (2026-07-23), Marti Otel Isletmeleri AS's stock price is ₺1.79. Marti Otel Isletmeleri AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺-0.385. Therefore, Marti Otel Isletmeleri AS's PE Ratio (TTM) for today is At Loss.

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


Marti Otel Isletmeleri AS  (IST:MARTI) 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.

Marti Otel Isletmeleri AS's PE Ratio (TTM) for today is calculated as:

PE Ratio (TTM)=Share Price (Today)/Earnings per Share (Diluted) (TTM)
=1.79/-0.385
=At Loss

Marti Otel Isletmeleri AS's share price for today is ₺1.79.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Marti Otel Isletmeleri AS's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 was ₺-0.385.

* 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?


Marti Otel Isletmeleri AS EV-to-EBITDA Related Terms


Marti Otel Isletmeleri AS EV-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Marti Otel Isletmeleri 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.

Marti Otel Isletmeleri AS EV-to-EBITDA Chart

Marti Otel Isletmeleri AS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
EV-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.15 27.46 -101.02 19.84 22.63

Marti Otel Isletmeleri AS Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -101.02 37.43 19.84 0.00 22.63

IST:MARTI vs MAR, HLT, H: EV-to-EBITDA Comparison

For the Lodging subindustry, Marti Otel Isletmeleri 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.


Marti Otel Isletmeleri AS EV-to-EBITDA vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Marti Otel Isletmeleri AS's EV-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Marti Otel Isletmeleri AS's EV-to-EBITDA falls into.


IST:MARTI
28GF Score
Marti Otel Isletmeleri AS IST:MARTI
EV-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marti Otel Isletmeleri AS EV-to-EBITDA Calculation

Marti Otel Isletmeleri AS's EV-to-EBITDA for today is calculated as:

EV-to-EBITDA=Enterprise Value (Today)/EBITDA (TTM)
=17120.197/731.382
=23.41

Marti Otel Isletmeleri AS's current Enterprise Value is ₺17,120 Mil.
For company reported semi-annually, GuruFocus uses latest annual data as the TTM data. Marti Otel Isletmeleri AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₺731 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 23.41 mean?
Marti Otel Isletmeleri AS (IST:MARTI) has a EV-to-EBITDA of 23.41 as of Jul. 23, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Marti Otel Isletmeleri AS. This is 35% above median its historical median of 17.38. According to the industry distribution chart, Marti Otel Isletmeleri AS ranks #560 out of 691 companies in the Travel & Leisure industry, placing it in the top 81%.
Is Marti Otel Isletmeleri AS's EV-to-EBITDA too high?
Marti Otel Isletmeleri AS's current EV-to-EBITDA of 23.41 is 35% above median its 10-year median of 17.38. The Travel & Leisure industry median EV-to-EBITDA is 9.67. Marti Otel Isletmeleri AS's value of 23.41 is 142.1% above this industry median. Based on the distribution chart, Marti Otel Isletmeleri AS ranks #560 out of 691 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Marti Otel Isletmeleri AS has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marti Otel Isletmeleri AS's EV-to-EBITDA compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Marti Otel Isletmeleri AS ranks #560 out of 691 companies for EV-to-EBITDA. This places Marti Otel Isletmeleri AS in the lower half of its industry. The industry median EV-to-EBITDA is 9.67. Marti Otel Isletmeleri AS's value of 23.41 is 142.1% above this benchmark. While the company's 10-year median is 17.38 vs. the industry median of 9.67, Marti Otel Isletmeleri 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 a Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.67, based on 691 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. Marti Otel Isletmeleri AS's current EV-to-EBITDA of 23.41 is 142.1% 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 Marti Otel Isletmeleri AS. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.67 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marti Otel Isletmeleri AS's current EV-to-EBITDA is 23.41, which is 35% above median its own 10-year median of 17.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marti Otel Isletmeleri AS stock overvalued right now?
Based on GuruFocus' analysis, Marti Otel Isletmeleri AS (IST:MARTI) is currently considered Possible Value Trap. The stock's GF Value™ is ₺3.90, compared to a current price of ₺1.79 — trading 54.1% below its estimated fair value. The current EV-to-EBITDA is 23.41, which is 35% above median its 10-year median of 17.38 and 142.1% above the Travel & Leisure industry median of 9.67. Marti Otel Isletmeleri AS's overall GF Score™ is 28/100 with 5 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 Marti Otel Isletmeleri AS (IST:MARTI), the current EV-to-EBITDA is 23.41 as of Jul. 23, 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 Marti Otel Isletmeleri AS (IST:MARTI) Overvalued in 2026?

Based on GuruFocus' analysis, Marti Otel Isletmeleri AS stock appears to be undervalued. The current stock price of ₺1.79 is trading 54.1% below its estimated GF Value™ of ₺3.90. GuruFocus considers Marti Otel Isletmeleri AS to be Possible Value Trap.

Key valuation signals for IST:MARTI:

  • EV-to-EBITDA: 23.41 (35% above median its 10-year median of 17.38)
  • GF Value™: ₺3.90 vs. price of ₺1.79 (54.1% below fair value)
  • GF Score™: 28/100 with 5 warning signs
  • Industry Position: 142.1% above the Travel & Leisure median (#560 of 691)

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


Marti Otel Isletmeleri AS Business Description

Address Devres Han No:50/4, Inonu Caddesi, Beyoglu, Gumussuyu, Istanbul, TUR
Marti Otel Isletmeleri AS is engaged in the operation of tourist resorts and hotels located in Turkey.
28GF Score

Get the complete analysis for IST:MARTI

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

₺1.79
Price
₺3.90
GF Value