Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) Interest Coverage: 4.34 (As of Dec. 2025) — 104% Above Median


IST:AYES Ayes Akdeniz Yapi Elemanlari Sanayi ve Ticaret AS IST:AYES
56 GF Score
Price ₺31.88
GF Value ₺13.00
Valuation Significantly Overvalued
! 12 Warning Signs
View Full Analysis

What is Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Interest Coverage?

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS IST:AYES -0.38% 56 Interest Coverage is 4.34 as of Dec. 2025, which is 104% above its 10-year median of 2.13. GuruFocus rates IST:AYES with a GF Score™ of 56/100 and a GF Value™ of ₺13.00 (Significantly Overvalued). The stock has 12 warning signs investors should review. Among 456 Steel companies, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS ranks worse than 87.94% 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. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Operating Income for the six months ended in Dec. 2025 was ₺162 Mil. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Interest Expense for the six months ended in Dec. 2025 was ₺-37 Mil. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's interest coverage for the quarter that ended in Dec. 2025 was 4.34. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Interest Coverage or its related term are showing as below:

IST:AYES' s Interest Coverage Range Over the Past 10 Years
Min: 0.67   Med: 2.13   Max: 11.1
Current: 0.97


IST:AYES's Interest Coverage is ranked worse than
87.94% of 456 companies
in the Steel industry
Industry Median: 4.445 vs IST:AYES: 0.97

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


Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS  (IST:AYES) 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 .


Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Interest Coverage Related Terms


Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret 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.

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Interest Coverage Chart

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret 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 6.70 4.18 2.12 0.00 0.97

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.01 0.11 0.00 0.27 4.34

IST:AYES vs NUE, STLD, RS: Interest Coverage Comparison

For the Steel subindustry, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret 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.


Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Interest Coverage vs Steel Industry

For the Steel industry and Basic Materials sector, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Interest Coverage falls into.


IST:AYES
56GF Score
Ayes Akdeniz Yapi Elemanlari Sanayi ve Ticaret AS IST:AYES
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret 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.

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret 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, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Interest Expense was ₺-217 Mil. Its Operating Income was ₺211 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺14 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*210.946/-216.742
=0.97

Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Interest Coverage for the quarter that ended in Dec. 2025 is calculated as

Here, for the six months ended in Dec. 2025, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Interest Expense was ₺-37 Mil. Its Operating Income was ₺162 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺14 Mil.

Interest Coverage=-1* Operating Income (Q: Dec. 2025 )/Interest Expense (Q: Dec. 2025 )
=-1*162.231/-37.383
=4.34

* 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 4.34 mean?
Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) has a Interest Coverage of 4.34 as of Dec. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS and its competitors. This is 104% above median its historical median of 2.13. Over the past decade, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Interest Coverage has ranged from 0.67 to 11.10. According to the industry distribution chart, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS ranks #401 out of 456 companies in the Steel industry, placing it in the top 87.9%.
Is Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Interest Coverage too high?
Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's current Interest Coverage of 4.34 is 104% above median its 10-year median of 2.13. Over the past 10 years, this metric has ranged from a low of 0.67 to a high of 11.10. The Steel industry median Interest Coverage is 4.45. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's value of 4.34 is 2.4% below this industry median. Based on the distribution chart, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS ranks #401 out of 456 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS ranks #401 out of 456 companies for Interest Coverage. This places Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS in the lower half of its industry. The industry median Interest Coverage is 4.45. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's value of 4.34 is 2.4% below this benchmark. Historically, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's own Interest Coverage has ranged from 0.67 to 11.10 over the past decade. While the company's 10-year median is 2.13 vs. the industry median of 4.45, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret 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 Steel company?
The median Interest Coverage among Steel companies is 4.45, based on 456 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. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's current Interest Coverage of 4.34 is 2.4% 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 Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS and its competitors. For the Steel industry, the median Interest Coverage is 4.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's current Interest Coverage is 4.34, which is 104% above median its own 10-year median of 2.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺13.00, compared to a current price of ₺31.88 — trading 145.2% above its estimated fair value. The current Interest Coverage is 4.34, which is 104% above median its 10-year median of 2.13 and 2.4% below the Steel industry median of 4.45. Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS's overall GF Score™ is 56/100 with 12 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 Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES), the current Interest Coverage is 4.34 as of Dec. 2025. 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 Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS (IST:AYES) Overvalued in 2026?

Based on GuruFocus' analysis, Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺31.88 is trading 145.2% above its estimated GF Value™ of ₺13.00. GuruFocus considers Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:AYES:

  • Interest Coverage: 4.34 (104% above median its 10-year median of 2.13)
  • GF Value™: ₺13.00 vs. price of ₺31.88 (145.2% above fair value)
  • GF Score™: 56/100 with 12 warning signs
  • Industry Position: 2.4% below the Steel median (#401 of 456)

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


Ayes Akdeniz Yapi Elemanlarinayi ve Ticaret AS Business Description

Address Metropol Center, D:21, 32 A.n. Gurm, Ali Riza Gurcan Caddesi, Istanbul, TUR, 34010
Ayes Akdeniz Yapi Elemanlari Sanayi ve Ticaret AS is steel mesh manufacturer. Its products include coil iron, fence mesh, wire mesh bending.
56GF Score

Get the complete analysis for IST:AYES

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

₺31.88
Price
₺13.00
GF Value