Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) Interest Coverage: 3.21 (As of Jun. 2026) — Near 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:AEFES Anadolu Efes Biracilik ve Malt Sanayi AS IST:AEFES
80 GF Score
Price ₺19.33
GF Value ₺17.71
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Anadolu Efes Biracilik ve Maltnayi AS Interest Coverage?

Anadolu Efes Biracilik ve Maltnayi AS IST:AEFES +0.42% 80 Interest Coverage is 3.21 as of Jun. 2026, which is 9% below its 10-year median of 3.53. GuruFocus rates IST:AEFES with a GF Score™ of 80/100 and a GF Value™ of ₺17.71 (Fairly Valued). The stock has 4 warning signs investors should review. Among 91 Beverages - Non-Alcoholic companies, Anadolu Efes Biracilik ve Maltnayi AS ranks worse than 94.51% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Anadolu Efes Biracilik ve Maltnayi AS's Operating Income for the three months ended in Jun. 2026 was ₺13,230 Mil. Anadolu Efes Biracilik ve Maltnayi AS's Interest Expense for the three months ended in Jun. 2026 was ₺-4,116 Mil. Anadolu Efes Biracilik ve Maltnayi AS's interest coverage for the quarter that ended in Jun. 2026 was 3.21. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Anadolu Efes Biracilik ve Maltnayi AS's Interest Coverage or its related term are showing as below:

IST:AEFES' s Interest Coverage Range Over the Past 10 Years
Min: 1.37   Med: 3.53   Max: 4.67
Current: 1.91


IST:AEFES's Interest Coverage is ranked worse than
94.51% of 91 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 12.64 vs IST:AEFES: 1.91

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Anadolu Efes Biracilik ve Maltnayi AS  (IST:AEFES) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Anadolu Efes Biracilik ve Maltnayi AS Interest Coverage Related Terms


Anadolu Efes Biracilik ve Maltnayi AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Anadolu Efes Biracilik ve Maltnayi AS's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Anadolu Efes Biracilik ve Maltnayi AS Interest Coverage Chart

Anadolu Efes Biracilik ve Maltnayi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.17 3.25 3.07 1.89 1.37

Anadolu Efes Biracilik ve Maltnayi AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Interest Coverage 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 1.85 2.45 0.81 1.07 3.21

IST:AEFES vs KO, PEP, MNST: Interest Coverage Comparison

For the Beverages - Non-Alcoholic subindustry, Anadolu Efes Biracilik ve Maltnayi AS's Interest Coverage, along with its competitors' market caps and Interest Coverage 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.


Anadolu Efes Biracilik ve Maltnayi AS Interest Coverage vs Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Anadolu Efes Biracilik ve Maltnayi AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Anadolu Efes Biracilik ve Maltnayi AS's Interest Coverage falls into.


IST:AEFES
80GF Score
Anadolu Efes Biracilik ve Malt Sanayi AS IST:AEFES
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Anadolu Efes Biracilik ve Maltnayi AS Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Anadolu Efes Biracilik ve Maltnayi AS's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Anadolu Efes Biracilik ve Maltnayi AS's Interest Expense was ₺-19,215 Mil. Its Operating Income was ₺26,291 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺57,024 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*26291.16/-19215.019
=1.37

Anadolu Efes Biracilik ve Maltnayi AS's Interest Coverage for the quarter that ended in Jun. 2026 is calculated as

Here, for the three months ended in Jun. 2026, Anadolu Efes Biracilik ve Maltnayi AS's Interest Expense was ₺-4,116 Mil. Its Operating Income was ₺13,230 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺62,412 Mil.

Interest Coverage=-1* Operating Income (Q: Jun. 2026 )/Interest Expense (Q: Jun. 2026 )
=-1*13229.799/-4115.99
=3.21

* 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.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 3.21 mean?
Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) has a Interest Coverage of 3.21 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Anadolu Efes Biracilik ve Maltnayi AS and its competitors. This is near median its historical median of 3.53. Over the past decade, Anadolu Efes Biracilik ve Maltnayi AS's Interest Coverage has ranged from 1.37 to 4.67. According to the industry distribution chart, Anadolu Efes Biracilik ve Maltnayi AS ranks #86 out of 91 companies in the Beverages - Non-Alcoholic industry, placing it in the top 94.5%.
Is Anadolu Efes Biracilik ve Maltnayi AS's Interest Coverage too high?
Anadolu Efes Biracilik ve Maltnayi AS's current Interest Coverage of 3.21 is near median its 10-year median of 3.53. Over the past 10 years, this metric has ranged from a low of 1.37 to a high of 4.67. The Beverages - Non-Alcoholic industry median Interest Coverage is 12.64. Anadolu Efes Biracilik ve Maltnayi AS's value of 3.21 is 74.6% below this industry median. Based on the distribution chart, Anadolu Efes Biracilik ve Maltnayi AS ranks #86 out of 91 companies in the Beverages - Non-Alcoholic industry, which is in the bottom quartile relative to peers. Overall, Anadolu Efes Biracilik ve Maltnayi AS has a GF Score™ of 80/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Anadolu Efes Biracilik ve Maltnayi AS's Interest Coverage compare to KO and PEP?
According to the Beverages - Non-Alcoholic industry distribution chart, Anadolu Efes Biracilik ve Maltnayi AS ranks #86 out of 91 companies for Interest Coverage. This places Anadolu Efes Biracilik ve Maltnayi AS in the lower half of its industry. The industry median Interest Coverage is 12.64. Anadolu Efes Biracilik ve Maltnayi AS's value of 3.21 is 74.6% below this benchmark. Historically, Anadolu Efes Biracilik ve Maltnayi AS's own Interest Coverage has ranged from 1.37 to 4.67 over the past decade. While the company's 10-year median is 3.53 vs. the industry median of 12.64, Anadolu Efes Biracilik ve Maltnayi 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 Interest Coverage for a Beverages - Non-Alcoholic company?
The median Interest Coverage among Beverages - Non-Alcoholic companies is 12.64, based on 91 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Anadolu Efes Biracilik ve Maltnayi AS's current Interest Coverage of 3.21 is 74.6% 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Anadolu Efes Biracilik ve Maltnayi AS and its competitors. For the Beverages - Non-Alcoholic industry, the median Interest Coverage is 12.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Anadolu Efes Biracilik ve Maltnayi AS's current Interest Coverage is 3.21, which is near median its own 10-year median of 3.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Anadolu Efes Biracilik ve Maltnayi AS stock overvalued right now?
Based on GuruFocus' analysis, Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) is currently considered Fairly Valued. The stock's GF Value™ is ₺17.71, compared to a current price of ₺19.33 — trading 9.1% above its estimated fair value. The current Interest Coverage is 3.21, which is near median its 10-year median of 3.53 and 74.6% below the Beverages - Non-Alcoholic industry median of 12.64. Anadolu Efes Biracilik ve Maltnayi AS's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES), the current Interest Coverage is 3.21 as of Jun. 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 Anadolu Efes Biracilik ve Maltnayi AS (IST:AEFES) Overvalued in 2026?

Based on GuruFocus' analysis, Anadolu Efes Biracilik ve Maltnayi AS stock appears to be overvalued. The current stock price of ₺19.33 is trading 9.1% above its estimated GF Value™ of ₺17.71. GuruFocus considers Anadolu Efes Biracilik ve Maltnayi AS to be Fairly Valued.

Key valuation signals for IST:AEFES:

  • Interest Coverage: 3.21 (near median its 10-year median of 3.53)
  • GF Value™: ₺17.71 vs. price of ₺19.33 (9.1% above fair value)
  • GF Score™: 80/100 with 4 warning signs
  • Industry Position: 74.6% below the Beverages - Non-Alcoholic median (#86 of 91)

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


Anadolu Efes Biracilik ve Maltnayi AS Business Description

Other Exchanges AEBZY:USAEF41:Germany
Address Fatih Sultan Mehmet Mahallesi Balkan Caddesi, Buyaka E Blok No: 58/24, Istanbul, TUR, 34771
Anadolu Efes Biracilik ve Malt Sanayi AS produces and distributes beer, sparkling, and still beverages under several brand names. It has joint control over Coca-Cola Icecek, which has the rights to sell Coca-Cola products in Turkey, Pakistan, Central Asia, and the Middle East. The group operates in two segments: Beer Operations (Beer Group) and Soft Drinks Operations (Soft Drinks), and the majority of its revenue is generated from the soft drinks segment.
80GF Score

Get the complete analysis for IST:AEFES

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

₺19.33
Price
₺17.71
GF Value