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EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Merit Turizm Yatirim ve Isletme AS's enterprise value is ₺5,507.8 Mil.
Merit Turizm Yatirim ve Isletme AS's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was ₺805.6 Mil. Therefore, Merit Turizm Yatirim ve Isletme AS's EV-to-EBITDA for today is 6.84.
IST:MERIT'
s EV-to-EBITDA Range Over the Past 10 Years
Min: -1588.75 Med: 28.58 Max: 432.77
Current: 6.84
During the past 13 years, the highest EV-to-EBITDA of Merit Turizm Yatirim ve Isletme AS was 432.77. The lowest was -1588.75. And the median was 28.58.
IST:MERIT's EV-to-EBITDA is ranked better than 68.67% of 699
companies
in the Travel & Leisure industry
Industry Median: 9.73
vs IST:MERIT: 6.84
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.
Merit Turizm Yatirim ve Isletme AS (IST:MERIT) 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.
Merit Turizm Yatirim ve Isletme AS's PE Ratio (TTM) for today is calculated as:
Merit Turizm Yatirim ve Isletme AS's share price for today is ₺16.38.
Merit Turizm Yatirim ve Isletme 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 ₺2.240.
* 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.
Merit Turizm Yatirim ve Isletme AS EV-to-EBITDA Chart
IST:MERIT vs LVS, MGM, WYNN: EV-to-EBITDA Comparison
For the Resorts & Casinos subindustry, Merit Turizm Yatirim ve Isletme 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.
Merit Turizm Yatirim ve Isletme AS EV-to-EBITDA vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Merit Turizm Yatirim ve Isletme AS's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Merit Turizm Yatirim ve Isletme AS's EV-to-EBITDA falls into.
Merit Turizm Yatirim ve Isletme AS's current Enterprise Value is ₺5,507.8 Mil.
Merit Turizm Yatirim ve Isletme 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 ₺805.6 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.
Merit Turizm Yatirim ve Isletme AS (IST:MERIT) has a EV-to-EBITDA of 6.84 as of Aug. 16, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Merit Turizm Yatirim ve Isletme AS. This is 76% below median its historical median of 28.58. According to the industry distribution chart, Merit Turizm Yatirim ve Isletme AS ranks #219 out of 699 companies in the Travel & Leisure industry, placing it in the top 31.3%.
Is Merit Turizm Yatirim ve Isletme AS's EV-to-EBITDA too high?
Merit Turizm Yatirim ve Isletme AS's current EV-to-EBITDA of 6.84 is 76% below median its 10-year median of 28.58. The Travel & Leisure industry median EV-to-EBITDA is 9.73. Merit Turizm Yatirim ve Isletme AS's value of 6.84 is 29.7% below this industry median. Based on the distribution chart, Merit Turizm Yatirim ve Isletme AS ranks #219 out of 699 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Merit Turizm Yatirim ve Isletme AS has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Merit Turizm Yatirim ve Isletme AS's EV-to-EBITDA compare to LVS and MGM?
According to the Travel & Leisure industry distribution chart, Merit Turizm Yatirim ve Isletme AS ranks #219 out of 699 companies for EV-to-EBITDA. This puts Merit Turizm Yatirim ve Isletme AS in the upper half of its industry. The industry median EV-to-EBITDA is 9.73. Merit Turizm Yatirim ve Isletme AS's value of 6.84 is 29.7% below this benchmark. While the company's 10-year median is 28.58 vs. the industry median of 9.73, Merit Turizm Yatirim ve Isletme 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 a Travel & Leisure company?
The median EV-to-EBITDA among Travel & Leisure companies is 9.73, based on 699 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. Merit Turizm Yatirim ve Isletme AS's current EV-to-EBITDA of 6.84 is 29.7% 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 Merit Turizm Yatirim ve Isletme AS. For the Travel & Leisure industry, the median EV-to-EBITDA is 9.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Merit Turizm Yatirim ve Isletme AS's current EV-to-EBITDA is 6.84, which is 76% below median its own 10-year median of 28.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merit Turizm Yatirim ve Isletme AS stock overvalued right now?
Based on GuruFocus' analysis, Merit Turizm Yatirim ve Isletme AS (IST:MERIT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺22.55, compared to a current price of ₺16.38 — trading 27.4% below its estimated fair value. The current EV-to-EBITDA is 6.84, which is 76% below median its 10-year median of 28.58 and 29.7% below the Travel & Leisure industry median of 9.73. Merit Turizm Yatirim ve Isletme 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 Merit Turizm Yatirim ve Isletme AS (IST:MERIT), the current EV-to-EBITDA is 6.84 as of Aug. 16, 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 Merit Turizm Yatirim ve Isletme AS (IST:MERIT) Overvalued in 2026?
Based on GuruFocus' analysis, Merit Turizm Yatirim ve Isletme AS stock appears to be undervalued.
The current stock price of ₺16.38 is trading 27.4% below its estimated GF Value™ of ₺22.55.
GuruFocus considers Merit Turizm Yatirim ve Isletme AS to be Modestly Undervalued.
Key valuation signals for IST:MERIT:
EV-to-EBITDA: 6.84 (76% below median its 10-year median of 28.58)
GF Value™: ₺22.55 vs. price of ₺16.38 (27.4% below fair value)
Industry Position: 29.7% below the Travel & Leisure median (#219 of 699)
No single metric tells the full story. See the IST:MERIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merit Turizm Yatirim ve Isletme AS is a hotel management company. It owns and operates the Merit Royal hotel and casino, Merit Crystal Cove hotel and casino, The Merit Park hotel and Casino, The Merit Lefkosa andThe Merit Cyprus Gardens.
79GF Score
Get the complete analysis for IST:MERIT
EV-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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