Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
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. Meka Global Makine Imalatnayi ve Ticaret AS's
Operating Income
for the
three
months ended in Jun. 2026 was ₺19 Mil. Meka Global Makine Imalatnayi ve Ticaret AS's Interest Expense for the
three
months ended in Jun. 2026 was ₺-7 Mil.
Meka Global Makine Imalatnayi ve Ticaret AS's interest coverage for the quarter that ended in Jun. 2026 was 2.85.
The higher the ratio, the stronger the company's financial strength is.
IST:MEKAG's Interest Coverage is not ranked *
in the Building Materials industry.
Industry Median: 7.43 * Ranked among companies with meaningful Interest Coverage only.
Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) 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 .
Meka Global Makine Imalatnayi ve Ticaret AS Interest Coverage Related Terms
Meka Global Makine Imalatnayi ve Ticaret AS 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.
Meka Global Makine Imalatnayi ve Ticaret AS Interest Coverage Chart
Meka Global Makine Imalatnayi ve Ticaret AS Annual Data
IST:MEKAG vs CRH, MLM, VMC: Interest Coverage Comparison
For the Building Materials subindustry, Meka Global Makine Imalatnayi 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.
Meka Global Makine Imalatnayi ve Ticaret AS Interest Coverage vs Building Materials Industry
Meka Global Makine Imalatnayi 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:
* 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.
Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) has a Interest Coverage of 2.85 as of Jun. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Meka Global Makine Imalatnayi ve Ticaret AS and its competitors. This is 81% below median its historical median of 15.39. According to the industry distribution chart, Meka Global Makine Imalatnayi ve Ticaret AS ranks #999999 out of 299 companies in the Building Materials industry.
Is Meka Global Makine Imalatnayi ve Ticaret AS's Interest Coverage too high?
Meka Global Makine Imalatnayi ve Ticaret AS's current Interest Coverage of 2.85 is 81% below median its 10-year median of 15.39. The Building Materials industry median Interest Coverage is 7.43. Meka Global Makine Imalatnayi ve Ticaret AS's value of 2.85 is 61.6% below this industry median. Based on the distribution chart, Meka Global Makine Imalatnayi ve Ticaret AS ranks #999999 out of 299 companies in the Building Materials industry, which is in the bottom quartile relative to peers. Overall, Meka Global Makine Imalatnayi ve Ticaret AS has a GF Score™ of 87/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Meka Global Makine Imalatnayi ve Ticaret AS's Interest Coverage compare to CRH and MLM?
According to the Building Materials industry distribution chart, Meka Global Makine Imalatnayi ve Ticaret AS ranks #999999 out of 299 companies for Interest Coverage. This places Meka Global Makine Imalatnayi ve Ticaret AS in the lower half of its industry. The industry median Interest Coverage is 7.43. Meka Global Makine Imalatnayi ve Ticaret AS's value of 2.85 is 61.6% below this benchmark. While the company's 10-year median is 15.39 vs. the industry median of 7.43, Meka Global Makine Imalatnayi 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 Building Materials company?
The median Interest Coverage among Building Materials companies is 7.43, based on 299 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. Meka Global Makine Imalatnayi ve Ticaret AS's current Interest Coverage of 2.85 is 61.6% 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 Meka Global Makine Imalatnayi ve Ticaret AS and its competitors. For the Building Materials industry, the median Interest Coverage is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meka Global Makine Imalatnayi ve Ticaret AS's current Interest Coverage is 2.85, which is 81% below median its own 10-year median of 15.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meka Global Makine Imalatnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺4.65, compared to a current price of ₺2.95 — trading 36.6% below its estimated fair value. The current Interest Coverage is 2.85, which is 81% below median its 10-year median of 15.39 and 61.6% below the Building Materials industry median of 7.43. Meka Global Makine Imalatnayi ve Ticaret AS's overall GF Score™ is 87/100 with 3 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 Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG), the current Interest Coverage is 2.85 as of Jun. 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 Meka Global Makine Imalatnayi ve Ticaret AS (IST:MEKAG) Overvalued in 2026?
Based on GuruFocus' analysis, Meka Global Makine Imalatnayi ve Ticaret AS stock appears to be undervalued.
The current stock price of ₺2.95 is trading 36.6% below its estimated GF Value™ of ₺4.65.
GuruFocus considers Meka Global Makine Imalatnayi ve Ticaret AS to be Significantly Undervalued.
Key valuation signals for IST:MEKAG:
Interest Coverage: 2.85 (81% below median its 10-year median of 15.39)
GF Value™: ₺4.65 vs. price of ₺2.95 (36.6% below fair value)
Industry Position: 61.6% below the Building Materials median (#999999 of 299)
No single metric tells the full story. See the IST:MEKAG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meka Global Makine Imalat Sanayi ve Ticaret AS is a company engaged in the Production of Concrete Plants and Equipment for Ready-Mixed Concrete Production, Construction and Precast Industries. It has ability and experience to design and produce plants and equipment for every capacity and production type in the production of concrete plants and equipment. MEKA produces crushing, screening and washing equipment for aggregate production, mining and recycling industries.
87GF Score
Get the complete analysis for IST:MEKAG
Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
IST:MEKAG has been successfully added to your 
