Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Interest Coverage: 206.21 (As of Mar. 2026) — 43% Below Median

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IST:AKMGY Akmerkez Gayrimenkul Yatirim Ort AS IST:AKMGY
62 GF Score
Price ₺249.10
GF Value ₺244.05
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Akmerkez Gayrimenkul Yatirim Ort AS Interest Coverage?

Akmerkez Gayrimenkul Yatirim Ort AS IST:AKMGY +2.43% 62 Interest Coverage is 206.21 as of Mar. 2026, which is 43% below its 10-year median of 360.46. GuruFocus rates IST:AKMGY with a GF Score™ of 62/100 and a GF Value™ of ₺244.05 (Fairly Valued). The stock has 4 warning signs investors should review. Among 696 REITs companies, Akmerkez Gayrimenkul Yatirim Ort AS ranks better than 86.78% 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. Akmerkez Gayrimenkul Yatirim Ort AS's Operating Income for the three months ended in Mar. 2026 was ₺179 Mil. Akmerkez Gayrimenkul Yatirim Ort AS's Interest Expense for the three months ended in Mar. 2026 was ₺-1 Mil. Akmerkez Gayrimenkul Yatirim Ort AS's interest coverage for the quarter that ended in Mar. 2026 was 206.21. The higher the ratio, the stronger the company's financial strength is.

Good Sign:

Ben Graham prefers companies' interest coverage to be at least 5. Akmerkez Gayrimenkul Yatirim Ort AS has enough cash to cover all of its debt. Its financial situation is stable.

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

IST:AKMGY' s Interest Coverage Range Over the Past 10 Years
Min: 65.62   Med: 360.46   Max: 861.53
Current: 212.21


IST:AKMGY's Interest Coverage is ranked better than
86.78% of 696 companies
in the REITs industry
Industry Median: 3.125 vs IST:AKMGY: 212.21

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


Akmerkez Gayrimenkul Yatirim Ort AS  (IST:AKMGY) 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 .


Akmerkez Gayrimenkul Yatirim Ort AS Interest Coverage Related Terms


Akmerkez Gayrimenkul Yatirim Ort AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Akmerkez Gayrimenkul Yatirim Ort 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.

Akmerkez Gayrimenkul Yatirim Ort AS Interest Coverage Chart

Akmerkez Gayrimenkul Yatirim Ort 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 277.22 769.87 226.21 442.10 232.39

Akmerkez Gayrimenkul Yatirim Ort AS 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 314.86 347.94 356.72 139.72 206.21

IST:AKMGY vs SPG, O, KIM: Interest Coverage Comparison

For the REIT - Retail subindustry, Akmerkez Gayrimenkul Yatirim Ort 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.


Akmerkez Gayrimenkul Yatirim Ort AS Interest Coverage vs REITs Industry

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

* The bar in red indicates where Akmerkez Gayrimenkul Yatirim Ort AS's Interest Coverage falls into.


IST:AKMGY
62GF Score
Akmerkez Gayrimenkul Yatirim Ort AS IST:AKMGY
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Akmerkez Gayrimenkul Yatirim Ort 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.

Akmerkez Gayrimenkul Yatirim Ort 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, Akmerkez Gayrimenkul Yatirim Ort AS's Interest Expense was ₺-3 Mil. Its Operating Income was ₺693 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺4 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*692.52/-2.98
=232.39

Akmerkez Gayrimenkul Yatirim Ort AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Akmerkez Gayrimenkul Yatirim Ort AS's Interest Expense was ₺-1 Mil. Its Operating Income was ₺179 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺2 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*178.575/-0.866
=206.21

* 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 206.21 mean?
Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) has a Interest Coverage of 206.21 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Akmerkez Gayrimenkul Yatirim Ort AS and its competitors. This is 43% below median its historical median of 360.46. Over the past decade, Akmerkez Gayrimenkul Yatirim Ort AS's Interest Coverage has ranged from 65.62 to 861.53. According to the industry distribution chart, Akmerkez Gayrimenkul Yatirim Ort AS ranks #92 out of 696 companies in the REITs industry, placing it in the top 13.2%.
Is Akmerkez Gayrimenkul Yatirim Ort AS's Interest Coverage too high?
Akmerkez Gayrimenkul Yatirim Ort AS's current Interest Coverage of 206.21 is 43% below median its 10-year median of 360.46. Over the past 10 years, this metric has ranged from a low of 65.62 to a high of 861.53. The REITs industry median Interest Coverage is 3.13. Akmerkez Gayrimenkul Yatirim Ort AS's value of 206.21 is 6498.7% above this industry median. Based on the distribution chart, Akmerkez Gayrimenkul Yatirim Ort AS ranks #92 out of 696 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. Overall, Akmerkez Gayrimenkul Yatirim Ort AS has a GF Score™ of 62/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Akmerkez Gayrimenkul Yatirim Ort AS's Interest Coverage compare to SPG and O?
According to the REITs industry distribution chart, Akmerkez Gayrimenkul Yatirim Ort AS ranks #92 out of 696 companies for Interest Coverage. This places Akmerkez Gayrimenkul Yatirim Ort AS in the top 13% of its industry — outperforming the majority of peers. The industry median Interest Coverage is 3.13. Akmerkez Gayrimenkul Yatirim Ort AS's value of 206.21 is 6498.7% above this benchmark. Historically, Akmerkez Gayrimenkul Yatirim Ort AS's own Interest Coverage has ranged from 65.62 to 861.53 over the past decade. While the company's 10-year median is 360.46 vs. the industry median of 3.13, Akmerkez Gayrimenkul Yatirim Ort 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 Interest Coverage for a REITs company?
The median Interest Coverage among REITs companies is 3.13, based on 696 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. Akmerkez Gayrimenkul Yatirim Ort AS's current Interest Coverage of 206.21 is 6498.7% 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 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 Akmerkez Gayrimenkul Yatirim Ort AS and its competitors. For the REITs industry, the median Interest Coverage is 3.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Akmerkez Gayrimenkul Yatirim Ort AS's current Interest Coverage is 206.21, which is 43% below median its own 10-year median of 360.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akmerkez Gayrimenkul Yatirim Ort AS stock overvalued right now?
Based on GuruFocus' analysis, Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) is currently considered Fairly Valued. The stock's GF Value™ is ₺244.05, compared to a current price of ₺249.10 — trading 2.1% above its estimated fair value. The current Interest Coverage is 206.21, which is 43% below median its 10-year median of 360.46 and 6498.7% above the REITs industry median of 3.13. Akmerkez Gayrimenkul Yatirim Ort AS's overall GF Score™ is 62/100 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 Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY), the current Interest Coverage is 206.21 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 Akmerkez Gayrimenkul Yatirim Ort AS (IST:AKMGY) Overvalued in 2026?

Based on GuruFocus' analysis, Akmerkez Gayrimenkul Yatirim Ort AS stock appears to be overvalued. The current stock price of ₺249.10 is trading 2.1% above its estimated GF Value™ of ₺244.05. GuruFocus considers Akmerkez Gayrimenkul Yatirim Ort AS to be Fairly Valued.

Key valuation signals for IST:AKMGY:

  • Interest Coverage: 206.21 (43% below median its 10-year median of 360.46)
  • GF Value™: ₺244.05 vs. price of ₺249.10 (2.1% above fair value)
  • GF Score™: 62/100 with 4 warning signs
  • Industry Position: 6498.7% above the REITs median (#92 of 696)

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


Akmerkez Gayrimenkul Yatirim Ort AS Business Description

Industry Real EstateREITs
Address Nispetiye caddesi, Akmerkez E-3 Blok Kat 1, Etiler, Istanbul, TUR
Akmerkez Gayrimenkul Yatirim Ort AS is a real estate investment trust. Its business activity is to operate shopping mall that sells different products.
62GF Score

Get the complete analysis for IST:AKMGY

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

₺249.10
Price
₺244.05
GF Value