Marti Otel Isletmeleri AS (IST:MARTI) Interest Coverage: 0.46 (As of Sep. 2025) — 411% Above Median


IST:MARTI Marti Otel Isletmeleri AS IST:MARTI
25 GF Score
Price ₺1.82
GF Value ₺7.42
Valuation Possible Value Trap
! 6 Warning Signs
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What is Marti Otel Isletmeleri AS Interest Coverage?

Marti Otel Isletmeleri AS IST:MARTI -4.71% 25 Interest Coverage is 0.46 as of Sep. 2025, which is 411% above its 10-year median of 0.09. GuruFocus rates IST:MARTI with a GF Score™ of 25/100 and a GF Value™ of ₺7.42 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 609 Travel & Leisure companies, Marti Otel Isletmeleri AS ranks worse than 164203.45% 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. Marti Otel Isletmeleri AS's Operating Income for the six months ended in Sep. 2025 was ₺150 Mil. Marti Otel Isletmeleri AS's Interest Expense for the six months ended in Sep. 2025 was ₺-325 Mil. Marti Otel Isletmeleri AS's interest coverage for the quarter that ended in Sep. 2025 was 0.46. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Marti Otel Isletmeleri AS's Interest Coverage or its related term are showing as below:


IST:MARTI's Interest Coverage is not ranked *
in the Travel & Leisure industry.
Industry Median: 5.35
* Ranked among companies with meaningful Interest Coverage only.

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


Marti Otel Isletmeleri AS  (IST:MARTI) 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 .


Marti Otel Isletmeleri AS Interest Coverage Related Terms


Marti Otel Isletmeleri AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Marti Otel Isletmeleri 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.

Marti Otel Isletmeleri AS Interest Coverage Chart

Marti Otel Isletmeleri AS Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Marti Otel Isletmeleri AS Semi-Annual Data
Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25
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 0.87 0.00 8.64 0.00 0.46

IST:MARTI vs MAR, HLT, H: Interest Coverage Comparison

For the Lodging subindustry, Marti Otel Isletmeleri 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.


Marti Otel Isletmeleri AS Interest Coverage vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Marti Otel Isletmeleri AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Marti Otel Isletmeleri AS's Interest Coverage falls into.


IST:MARTI
25GF Score
Marti Otel Isletmeleri AS IST:MARTI
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Marti Otel Isletmeleri 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.

Marti Otel Isletmeleri AS's Interest Coverage for the fiscal year that ended in Mar. 2025 is calculated as

Here, for the fiscal year that ended in Mar. 2025, Marti Otel Isletmeleri AS's Interest Expense was ₺-307 Mil. Its Operating Income was ₺-74 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺3,827 Mil.

Marti Otel Isletmeleri AS did not have earnings to cover the interest expense.

Marti Otel Isletmeleri AS's Interest Coverage for the quarter that ended in Sep. 2025 is calculated as

Here, for the six months ended in Sep. 2025, Marti Otel Isletmeleri AS's Interest Expense was ₺-325 Mil. Its Operating Income was ₺150 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺4,144 Mil.

Interest Coverage=-1* Operating Income (Q: Sep. 2025 )/Interest Expense (Q: Sep. 2025 )
=-1*150.473/-325.155
=0.46

* 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 0.46 mean?
Marti Otel Isletmeleri AS (IST:MARTI) has a Interest Coverage of 0.46 as of Sep. 2025. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Marti Otel Isletmeleri AS and its competitors. This is 411% above median its historical median of 0.09. According to the industry distribution chart, Marti Otel Isletmeleri AS ranks #999999 out of 609 companies in the Travel & Leisure industry.
Is Marti Otel Isletmeleri AS's Interest Coverage too high?
Marti Otel Isletmeleri AS's current Interest Coverage of 0.46 is 411% above median its 10-year median of 0.09. The Travel & Leisure industry median Interest Coverage is 5.35. Marti Otel Isletmeleri AS's value of 0.46 is 91.4% below this industry median. Based on the distribution chart, Marti Otel Isletmeleri AS ranks #999999 out of 609 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers. Overall, Marti Otel Isletmeleri AS has a GF Score™ of 25/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marti Otel Isletmeleri AS's Interest Coverage compare to MAR and HLT?
According to the Travel & Leisure industry distribution chart, Marti Otel Isletmeleri AS ranks #999999 out of 609 companies for Interest Coverage. This places Marti Otel Isletmeleri AS in the lower half of its industry. The industry median Interest Coverage is 5.35. Marti Otel Isletmeleri AS's value of 0.46 is 91.4% below this benchmark. While the company's 10-year median is 0.09 vs. the industry median of 5.35, Marti Otel Isletmeleri 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 Travel & Leisure company?
The median Interest Coverage among Travel & Leisure companies is 5.35, based on 609 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. Marti Otel Isletmeleri AS's current Interest Coverage of 0.46 is 91.4% 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 Marti Otel Isletmeleri AS and its competitors. For the Travel & Leisure industry, the median Interest Coverage is 5.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Marti Otel Isletmeleri AS's current Interest Coverage is 0.46, which is 411% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marti Otel Isletmeleri AS stock overvalued right now?
Based on GuruFocus' analysis, Marti Otel Isletmeleri AS (IST:MARTI) is currently considered Possible Value Trap. The stock's GF Value™ is ₺7.42, compared to a current price of ₺1.82 — trading 75.5% below its estimated fair value. The current Interest Coverage is 0.46, which is 411% above median its 10-year median of 0.09 and 91.4% below the Travel & Leisure industry median of 5.35. Marti Otel Isletmeleri AS's overall GF Score™ is 25/100 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 Marti Otel Isletmeleri AS (IST:MARTI), the current Interest Coverage is 0.46 as of Sep. 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 Marti Otel Isletmeleri AS (IST:MARTI) Overvalued in 2026?

Based on GuruFocus' analysis, Marti Otel Isletmeleri AS stock appears to be undervalued. The current stock price of ₺1.82 is trading 75.5% below its estimated GF Value™ of ₺7.42. GuruFocus considers Marti Otel Isletmeleri AS to be Possible Value Trap.

Key valuation signals for IST:MARTI:

  • Interest Coverage: 0.46 (411% above median its 10-year median of 0.09)
  • GF Value™: ₺7.42 vs. price of ₺1.82 (75.5% below fair value)
  • GF Score™: 25/100 with 6 warning signs
  • Industry Position: 91.4% below the Travel & Leisure median (#999999 of 609)

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


Marti Otel Isletmeleri AS Business Description

Address Devres Han No:50/4, Inonu Caddesi, Beyoglu, Gumussuyu, Istanbul, TUR
Marti Otel Isletmeleri AS is engaged in the operation of tourist resorts and hotels located in Turkey.
25GF Score

Get the complete analysis for IST:MARTI

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

₺1.82
Price
₺7.42
GF Value