Marti Otel Isletmeleri AS (IST:MARTI) Gross Margin %: -12.35% (As of Mar. 2026)

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IST:MARTI Marti Otel Isletmeleri AS IST:MARTI
28 GF Score
Price ₺1.64
GF Value ₺3.90
Valuation Possible Value Trap
! 5 Warning Signs
View Full Analysis

What is Marti Otel Isletmeleri AS Gross Margin %?

Marti Otel Isletmeleri AS IST:MARTI 28 Gross Margin % is -12.35% as of Mar. 2026. 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 792 Travel & Leisure companies, Marti Otel Isletmeleri AS ranks worse than 66.79% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Marti Otel Isletmeleri AS's Gross Profit for the six months ended in Mar. 2026 was ₺-39 Mil. Marti Otel Isletmeleri AS's Revenue for the six months ended in Mar. 2026 was ₺314 Mil. Therefore, Marti Otel Isletmeleri AS's Gross Margin % for the quarter that ended in Mar. 2026 was -12.35%.


The historical rank and industry rank for Marti Otel Isletmeleri AS's Gross Margin % or its related term are showing as below:

IST:MARTI' s Gross Margin % Range Over the Past 10 Years
Min: 3.16   Med: 32.89   Max: 43.53
Current: 32.5


During the past 13 years, the highest Gross Margin % of Marti Otel Isletmeleri AS was 43.53%. The lowest was 3.16%. And the median was 32.89%.

IST:MARTI's Gross Margin % is ranked worse than
66.79% of 792 companies
in the Travel & Leisure industry
Industry Median: 43.5 vs IST:MARTI: 32.50

Marti Otel Isletmeleri AS had a gross margin of -12.35% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Marti Otel Isletmeleri AS was 32.40% per year.


Marti Otel Isletmeleri AS  (IST:MARTI) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Marti Otel Isletmeleri AS had a gross margin of -12.35% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Marti Otel Isletmeleri AS Gross Margin % Related Terms


Marti Otel Isletmeleri AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Marti Otel Isletmeleri AS's Gross 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.

Marti Otel Isletmeleri AS Gross Margin % Chart

Marti Otel Isletmeleri AS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 33.27 35.50 20.57 24.90 32.50

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
Gross Margin % 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 -103.18 39.12 -29.38 43.37 -12.35

IST:MARTI vs MAR, HLT, H: Gross Margin % Comparison

For the Lodging subindustry, Marti Otel Isletmeleri AS's Gross Margin %, along with its competitors' market caps and Gross 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.


Marti Otel Isletmeleri AS Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Marti Otel Isletmeleri AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Marti Otel Isletmeleri AS's Gross Margin % falls into.


IST:MARTI
28GF Score
Marti Otel Isletmeleri AS IST:MARTI
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Marti Otel Isletmeleri AS Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Marti Otel Isletmeleri AS's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=522.6 / 1608.027
=(Revenue - Cost of Goods Sold) / Revenue
=(1608.027 - 1085.393) / 1608.027
=32.50 %

Marti Otel Isletmeleri AS's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-38.7 / 313.746
=(Revenue - Cost of Goods Sold) / Revenue
=(313.746 - 352.495) / 313.746
=-12.35 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -12.35% mean?
Marti Otel Isletmeleri AS (IST:MARTI) has a Gross Margin % of -12.35% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Marti Otel Isletmeleri AS and its competitors. Over the past decade, Marti Otel Isletmeleri AS's Gross Margin % has ranged from 3.16 to 43.53. According to the industry distribution chart, Marti Otel Isletmeleri AS ranks #529 out of 792 companies in the Travel & Leisure industry, placing it in the top 66.8%.
Is Marti Otel Isletmeleri AS's Gross Margin % too high?
Marti Otel Isletmeleri AS's current Gross Margin % is -12.35%. Over the past 10 years, this metric has ranged from a low of 3.16 to a high of 43.53. Based on the distribution chart, Marti Otel Isletmeleri AS ranks #529 out of 792 companies in the Travel & Leisure industry, which is below the industry midpoint. 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 Gross Margin % compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Marti Otel Isletmeleri AS ranks #529 out of 792 companies for Gross Margin %. This places Marti Otel Isletmeleri AS in the lower half of its industry. The industry median Gross Margin % is 43.50. Historically, Marti Otel Isletmeleri AS's own Gross Margin % has ranged from 3.16 to 43.53 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 43.50, based on 792 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Marti Otel Isletmeleri AS and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 43.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marti Otel Isletmeleri AS's current Gross Margin % is -12.35%. 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 ₺1.64 — trading 57.9% below its estimated fair value. The current Gross Margin % is -12.35%. 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 Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Marti Otel Isletmeleri AS (IST:MARTI), the current Gross Margin % is -12.35% 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 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 ₺1.64 is trading 57.9% 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:

  • Gross Margin %: -12.35%
  • GF Value™: ₺3.90 vs. price of ₺1.64 (57.9% below fair value)
  • GF Score™: 28/100 with 5 warning signs

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

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺1.64
Price
₺3.90
GF Value