Formet Metal Ve Camnayi Anonim SirketiIST:FORMT 62 Interest Coverage is 0.09 as of Mar. 2026, which is 93% below its 10-year median of 1.22. GuruFocus rates IST:FORMT with a GF Score™ of 62/100 and a GF Value™ of ₺2.65 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,355 Construction companies, Formet Metal Ve Camnayi Anonim Sirketi ranks worse than 73800.66% 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. Formet Metal Ve Camnayi Anonim Sirketi's
Operating Income
for the
three
months ended in Mar. 2026 was ₺9.2 Mil. Formet Metal Ve Camnayi Anonim Sirketi's Interest Expense for the
three
months ended in Mar. 2026 was ₺-106.5 Mil.
Formet Metal Ve Camnayi Anonim Sirketi's interest coverage for the quarter that ended in Mar. 2026 was 0.09.
The higher the ratio, the stronger the company's financial strength is.
IST:FORMT's Interest Coverage is not ranked *
in the Construction industry.
Industry Median: 7.81 * Ranked among companies with meaningful Interest Coverage only.
Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) 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 .
Formet Metal Ve Camnayi Anonim Sirketi Interest Coverage Related Terms
Formet Metal Ve Camnayi Anonim Sirketi Interest Coverage Historical Data
* 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.
Formet Metal Ve Camnayi Anonim Sirketi Interest Coverage Chart
Formet Metal Ve Camnayi Anonim Sirketi Annual Data
IST:FORMT vs TT, JCI, CARR: Interest Coverage Comparison
For the Building Products & Equipment subindustry, Formet Metal Ve Camnayi Anonim Sirketi'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.
Formet Metal Ve Camnayi Anonim Sirketi Interest Coverage vs Construction Industry
For the Construction industry and Industrials sector, Formet Metal Ve Camnayi Anonim Sirketi's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Formet Metal Ve Camnayi Anonim Sirketi's Interest Coverage falls into.
Formet Metal Ve Camnayi Anonim Sirketi 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:
* 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.
Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) has a Interest Coverage of 0.09 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Formet Metal Ve Camnayi Anonim Sirketi and its competitors. This is 93% below median its historical median of 1.22. According to the industry distribution chart, Formet Metal Ve Camnayi Anonim Sirketi ranks #999999 out of 1355 companies in the Construction industry.
Is Formet Metal Ve Camnayi Anonim Sirketi's Interest Coverage too high?
Formet Metal Ve Camnayi Anonim Sirketi's current Interest Coverage of 0.09 is 93% below median its 10-year median of 1.22. The Construction industry median Interest Coverage is 7.81. Formet Metal Ve Camnayi Anonim Sirketi's value of 0.09 is 98.8% below this industry median. Based on the distribution chart, Formet Metal Ve Camnayi Anonim Sirketi ranks #999999 out of 1355 companies in the Construction industry, which is in the bottom quartile relative to peers. Overall, Formet Metal Ve Camnayi Anonim Sirketi has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Formet Metal Ve Camnayi Anonim Sirketi's Interest Coverage compare to TT and JCI?
According to the Construction industry distribution chart, Formet Metal Ve Camnayi Anonim Sirketi ranks #999999 out of 1355 companies for Interest Coverage. This places Formet Metal Ve Camnayi Anonim Sirketi in the lower half of its industry. The industry median Interest Coverage is 7.81. Formet Metal Ve Camnayi Anonim Sirketi's value of 0.09 is 98.8% below this benchmark. While the company's 10-year median is 1.22 vs. the industry median of 7.81, Formet Metal Ve Camnayi Anonim Sirketi 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 Construction company?
The median Interest Coverage among Construction companies is 7.81, based on 1,355 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. Formet Metal Ve Camnayi Anonim Sirketi's current Interest Coverage of 0.09 is 98.8% 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 Formet Metal Ve Camnayi Anonim Sirketi and its competitors. For the Construction industry, the median Interest Coverage is 7.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Formet Metal Ve Camnayi Anonim Sirketi's current Interest Coverage is 0.09, which is 93% below median its own 10-year median of 1.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formet Metal Ve Camnayi Anonim Sirketi stock overvalued right now?
Based on GuruFocus' analysis, Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺2.65, compared to a current price of ₺2.20 — trading 17% below its estimated fair value. The current Interest Coverage is 0.09, which is 93% below median its 10-year median of 1.22 and 98.8% below the Construction industry median of 7.81. Formet Metal Ve Camnayi Anonim Sirketi's overall GF Score™ is 62/100 with 6 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 Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT), the current Interest Coverage is 0.09 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 Formet Metal Ve Camnayi Anonim Sirketi (IST:FORMT) Overvalued in 2026?
Based on GuruFocus' analysis, Formet Metal Ve Camnayi Anonim Sirketi stock appears to be undervalued.
The current stock price of ₺2.20 is trading 17% below its estimated GF Value™ of ₺2.65.
GuruFocus considers Formet Metal Ve Camnayi Anonim Sirketi to be Modestly Undervalued.
Key valuation signals for IST:FORMT:
Interest Coverage: 0.09 (93% below median its 10-year median of 1.22)
GF Value™: ₺2.65 vs. price of ₺2.20 (17% below fair value)
Industry Position: 98.8% below the Construction median (#999999 of 1355)
No single metric tells the full story. See the IST:FORMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Formet Metal Ve Camnayi Anonim Sirketi Business Description
Formet Metal Ve Cam Sanayi Anonim Sirketi manufactures and sells steel doors. It offers products such as Panel Series, Neo Series, Eko Series, and others. The company also provides various accessories such as Knob 204, Knob 208, Kumru 1301 Gold, and other related accessories.
62GF Score
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