Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) Interest Coverage: 2.15 (As of Mar. 2026) — 72% Above Median


IST:AKFGY Akfen Gayrimenkul Yatirim Ortakligi IST:AKFGY
54 GF Score
Price ₺2.64
GF Value ₺2.30
Valuation Modestly Overvalued
! 5 Warning Signs
View Full Analysis

What is Akfen Gayrimenkul Yatirim Ortakligi Interest Coverage?

Akfen Gayrimenkul Yatirim Ortakligi IST:AKFGY -2.94% 54 Interest Coverage is 2.15 as of Mar. 2026, which is 72% above its 10-year median of 1.25. GuruFocus rates IST:AKFGY with a GF Score™ of 54/100 and a GF Value™ of ₺2.30 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 697 REITs companies, Akfen Gayrimenkul Yatirim Ortakligi ranks better than 52.65% 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. Akfen Gayrimenkul Yatirim Ortakligi's Operating Income for the three months ended in Mar. 2026 was ₺331 Mil. Akfen Gayrimenkul Yatirim Ortakligi's Interest Expense for the three months ended in Mar. 2026 was ₺-154 Mil. Akfen Gayrimenkul Yatirim Ortakligi's interest coverage for the quarter that ended in Mar. 2026 was 2.15. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Akfen Gayrimenkul Yatirim Ortakligi's Interest Coverage or its related term are showing as below:

IST:AKFGY' s Interest Coverage Range Over the Past 10 Years
Min: 0.34   Med: 1.25   Max: 3.45
Current: 3.29


IST:AKFGY's Interest Coverage is ranked better than
52.65% of 697 companies
in the REITs industry
Industry Median: 3.11 vs IST:AKFGY: 3.29

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


Akfen Gayrimenkul Yatirim Ortakligi  (IST:AKFGY) 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 .


Akfen Gayrimenkul Yatirim Ortakligi Interest Coverage Related Terms


Akfen Gayrimenkul Yatirim Ortakligi Interest Coverage Historical Data

* Premium members only.

The historical data trend for Akfen Gayrimenkul Yatirim Ortakligi'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.

Akfen Gayrimenkul Yatirim Ortakligi Interest Coverage Chart

Akfen Gayrimenkul Yatirim Ortakligi 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 1.34 1.65 1.23 2.96 3.45

Akfen Gayrimenkul Yatirim Ortakligi Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.89 4.60 5.09 2.81 2.15

IST:AKFGY vs HST, RHP, APLE: Interest Coverage Comparison

For the REIT - Hotel & Motel subindustry, Akfen Gayrimenkul Yatirim Ortakligi'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.


Akfen Gayrimenkul Yatirim Ortakligi Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, Akfen Gayrimenkul Yatirim Ortakligi's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Akfen Gayrimenkul Yatirim Ortakligi's Interest Coverage falls into.


IST:AKFGY
54GF Score
Akfen Gayrimenkul Yatirim Ortakligi IST:AKFGY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akfen Gayrimenkul Yatirim Ortakligi 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.

Akfen Gayrimenkul Yatirim Ortakligi'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, Akfen Gayrimenkul Yatirim Ortakligi's Interest Expense was ₺-398 Mil. Its Operating Income was ₺1,372 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺4,473 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1371.611/-397.881
=3.45

Akfen Gayrimenkul Yatirim Ortakligi's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Akfen Gayrimenkul Yatirim Ortakligi's Interest Expense was ₺-154 Mil. Its Operating Income was ₺331 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺5,219 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*331.431/-154.232
=2.15

* 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 2.15 mean?
Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) has a Interest Coverage of 2.15 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Akfen Gayrimenkul Yatirim Ortakligi and its competitors. This is 72% above median its historical median of 1.25. Over the past decade, Akfen Gayrimenkul Yatirim Ortakligi's Interest Coverage has ranged from 0.34 to 3.45. According to the industry distribution chart, Akfen Gayrimenkul Yatirim Ortakligi ranks #330 out of 697 companies in the REITs industry, placing it in the top 47.3%.
Is Akfen Gayrimenkul Yatirim Ortakligi's Interest Coverage too high?
Akfen Gayrimenkul Yatirim Ortakligi's current Interest Coverage of 2.15 is 72% above median its 10-year median of 1.25. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 3.45. The REITs industry median Interest Coverage is 3.11. Akfen Gayrimenkul Yatirim Ortakligi's value of 2.15 is 30.9% below this industry median. Based on the distribution chart, Akfen Gayrimenkul Yatirim Ortakligi ranks #330 out of 697 companies in the REITs industry, which is above the industry midpoint. Overall, Akfen Gayrimenkul Yatirim Ortakligi has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Akfen Gayrimenkul Yatirim Ortakligi's Interest Coverage compare to HST and RHP?
According to the REITs industry distribution chart, Akfen Gayrimenkul Yatirim Ortakligi ranks #330 out of 697 companies for Interest Coverage. This puts Akfen Gayrimenkul Yatirim Ortakligi in the upper half of its industry. The industry median Interest Coverage is 3.11. Akfen Gayrimenkul Yatirim Ortakligi's value of 2.15 is 30.9% below this benchmark. Historically, Akfen Gayrimenkul Yatirim Ortakligi's own Interest Coverage has ranged from 0.34 to 3.45 over the past decade. While the company's 10-year median is 1.25 vs. the industry median of 3.11, Akfen Gayrimenkul Yatirim Ortakligi 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 REITs company?
The median Interest Coverage among REITs companies is 3.11, based on 697 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. Akfen Gayrimenkul Yatirim Ortakligi's current Interest Coverage of 2.15 is 30.9% 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 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 Akfen Gayrimenkul Yatirim Ortakligi and its competitors. For the REITs industry, the median Interest Coverage is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akfen Gayrimenkul Yatirim Ortakligi's current Interest Coverage is 2.15, which is 72% above median its own 10-year median of 1.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akfen Gayrimenkul Yatirim Ortakligi stock overvalued right now?
Based on GuruFocus' analysis, Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺2.30, compared to a current price of ₺2.64 — trading 14.8% above its estimated fair value. The current Interest Coverage is 2.15, which is 72% above median its 10-year median of 1.25 and 30.9% below the REITs industry median of 3.11. Akfen Gayrimenkul Yatirim Ortakligi's overall GF Score™ is 54/100 with 5 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 Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY), the current Interest Coverage is 2.15 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 Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) Overvalued in 2026?

Based on GuruFocus' analysis, Akfen Gayrimenkul Yatirim Ortakligi stock appears to be overvalued. The current stock price of ₺2.64 is trading 14.8% above its estimated GF Value™ of ₺2.30. GuruFocus considers Akfen Gayrimenkul Yatirim Ortakligi to be Modestly Overvalued.

Key valuation signals for IST:AKFGY:

  • Interest Coverage: 2.15 (72% above median its 10-year median of 1.25)
  • GF Value™: ₺2.30 vs. price of ₺2.64 (14.8% above fair value)
  • GF Score™: 54/100 with 5 warning signs
  • Industry Position: 30.9% below the REITs median (#330 of 697)

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


Akfen Gayrimenkul Yatirim Ortakligi Business Description

Industry Real EstateREITs
Address Levent Loft, Buyukdere Caddesi No. 201, C Blok Kat 8, Istanbul, TUR
Akfen Gayrimenkul Yatirim Ortakligi is a real estate investment trust. The group's main operations and activities are investing in real estates, real estate projects, and real estate-based capital markets instruments and to create and develop a real estate portfolio. The group is mainly developing hotels with Ibis Hotel and Novotel trademarks and leasing the hotels to Tamaris Turizm A.S. It is organized geographically across three principal operating segments: Turkey, Northern Cyprus, and Russia. Geographically the company receives maximum revenue from Turkey.
54GF Score

Get the complete analysis for IST:AKFGY

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

₺2.64
Price
₺2.30
GF Value