Erciyas Celik BorunayiIST:ERCB +2.01%24 Interest Coverage is 0.14 as of Mar. 2026, which is 90% below its 10-year median of 1.39. GuruFocus rates IST:ERCB with a GF Score™ of 24/100 and a GF Value™ of ₺91.64 (Possible Value Trap). The stock has 9 warning signs investors should review. Among 456 Steel companies, Erciyas Celik Borunayi ranks worse than 99.34% 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. Erciyas Celik Borunayi's
Operating Income
for the
three
months ended in Mar. 2026 was ₺48 Mil. Erciyas Celik Borunayi's Interest Expense for the
three
months ended in Mar. 2026 was ₺-346 Mil.
Erciyas Celik Borunayi's interest coverage for the quarter that ended in Mar. 2026 was 0.14.
The higher the ratio, the stronger the company's financial strength is.
Warning Sign:
Ben Graham prefers companies' interest coverage to be at least 5. Erciyas Celik Boru Sanayis earnings cannot cover its interest expense. If the situation continues, the company may have to issue more debt.
The historical rank and industry rank for Erciyas Celik Borunayi's Interest Coverage or its related term are showing as below:
IST:ERCB'
s Interest Coverage Range Over the Past 10 Years
Min: 0.08 Med: 1.39 Max: 1.59
Current: 0.08
IST:ERCB's Interest Coverage is ranked worse than 99.34% of 456
companies
in the Steel industry
Industry Median: 4.445
vs IST:ERCB: 0.08
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 .
Erciyas Celik Borunayi Interest Coverage Related Terms
Erciyas Celik Borunayi Interest Coverage Historical Data
* Premium members only.
The historical data trend for Erciyas Celik Borunayi'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.
IST:ERCB vs NUE, STLD, RS: Interest Coverage Comparison
For the Steel subindustry, Erciyas Celik Borunayi'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.
Erciyas Celik Borunayi Interest Coverage vs Steel Industry
For the Steel industry and Basic Materials sector, Erciyas Celik Borunayi's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Erciyas Celik Borunayi's Interest Coverage falls into.
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:
* 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.
Erciyas Celik Borunayi (IST:ERCB) has a Interest Coverage of 0.14 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Erciyas Celik Borunayi and its competitors. This is 90% below median its historical median of 1.39. Over the past decade, Erciyas Celik Borunayi's Interest Coverage has ranged from 0.08 to 1.59. According to the industry distribution chart, Erciyas Celik Borunayi ranks #453 out of 456 companies in the Steel industry, placing it in the top 99.3%.
Is Erciyas Celik Borunayi's Interest Coverage too high?
Erciyas Celik Borunayi's current Interest Coverage of 0.14 is 90% below median its 10-year median of 1.39. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.59. The Steel industry median Interest Coverage is 4.45. Erciyas Celik Borunayi's value of 0.14 is 96.9% below this industry median. Based on the distribution chart, Erciyas Celik Borunayi ranks #453 out of 456 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Erciyas Celik Borunayi has a GF Score™ of 24/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Erciyas Celik Borunayi's Interest Coverage compare to NUE and STLD?
According to the Steel industry distribution chart, Erciyas Celik Borunayi ranks #453 out of 456 companies for Interest Coverage. This places Erciyas Celik Borunayi in the lower half of its industry. The industry median Interest Coverage is 4.45. Erciyas Celik Borunayi's value of 0.14 is 96.9% below this benchmark. Historically, Erciyas Celik Borunayi's own Interest Coverage has ranged from 0.08 to 1.59 over the past decade. While the company's 10-year median is 1.39 vs. the industry median of 4.45, Erciyas Celik Borunayi 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. Erciyas Celik Borunayi's current Interest Coverage of 0.14 is 96.9% 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 Erciyas Celik Borunayi 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. Erciyas Celik Borunayi's current Interest Coverage is 0.14, which is 90% below median its own 10-year median of 1.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Erciyas Celik Borunayi stock overvalued right now?
Based on GuruFocus' analysis, Erciyas Celik Borunayi (IST:ERCB) is currently considered Possible Value Trap. The stock's GF Value™ is ₺91.64, compared to a current price of ₺49.76 — trading 45.7% below its estimated fair value. The current Interest Coverage is 0.14, which is 90% below median its 10-year median of 1.39 and 96.9% below the Steel industry median of 4.45. Erciyas Celik Borunayi's overall GF Score™ is 24/100 with 9 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 Erciyas Celik Borunayi (IST:ERCB), the current Interest Coverage is 0.14 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 Erciyas Celik Borunayi (IST:ERCB) Overvalued in 2026?
Based on GuruFocus' analysis, Erciyas Celik Borunayi stock appears to be undervalued.
The current stock price of ₺49.76 is trading 45.7% below its estimated GF Value™ of ₺91.64.
GuruFocus considers Erciyas Celik Borunayi to be Possible Value Trap.
Key valuation signals for IST:ERCB:
Interest Coverage: 0.14 (90% below median its 10-year median of 1.39)
GF Value™: ₺91.64 vs. price of ₺49.76 (45.7% below fair value)
Industry Position: 96.9% below the Steel median (#453 of 456)
No single metric tells the full story. See the IST:ERCB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Erciyas Celik Boru Sanayi is engaged in manufacturing all kinds of iron and steel products, longitudinally welded and spirally welded pipes, all kinds of pipe internal/external bitumen, epoxy concrete, PE coating, paint, and insulation.
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