Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS (IST:SMRTG) Interest Coverage: 0.36 (As of Mar. 2026) — 79% Below Median


IST:SMRTG Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretim San ve Tic AS IST:SMRTG
79 GF Score
Price ₺11.13
GF Value ₺11.51
Valuation Fairly Valued
! 11 Warning Signs
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What is Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS Interest Coverage?

Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS IST:SMRTG -2.71% 79 Interest Coverage is 0.36 as of Mar. 2026, which is 79% below its 10-year median of 1.70. GuruFocus rates IST:SMRTG with a GF Score™ of 79/100 and a GF Value™ of ₺11.51 (Fairly Valued). The stock has 11 warning signs investors should review. Among 635 Semiconductors companies, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS ranks worse than 96.22% 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. Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's Operating Income for the three months ended in Mar. 2026 was ₺145 Mil. Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's Interest Expense for the three months ended in Mar. 2026 was ₺-397 Mil. Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's interest coverage for the quarter that ended in Mar. 2026 was 0.36. 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. Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretim San ve Tic ASs 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 Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's Interest Coverage or its related term are showing as below:

IST:SMRTG' s Interest Coverage Range Over the Past 10 Years
Min: 0.7   Med: 1.7   Max: 6.05
Current: 0.7


IST:SMRTG's Interest Coverage is ranked worse than
96.22% of 635 companies
in the Semiconductors industry
Industry Median: 20.32 vs IST:SMRTG: 0.70

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


Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS  (IST:SMRTG) 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 .


Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS Interest Coverage Related Terms


Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic 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.

Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS Interest Coverage Chart

Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial 1.70 6.05 3.15 0.91 0.71

Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.52 0.22 0.68 1.59 0.36

IST:SMRTG vs FSLR, NXT, ENPH: Interest Coverage Comparison

For the Solar subindustry, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic 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.


Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS Interest Coverage vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's Interest Coverage falls into.


IST:SMRTG
79GF Score
Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretim San ve Tic AS IST:SMRTG
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic 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.

Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic 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, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's Interest Expense was ₺-2,317 Mil. Its Operating Income was ₺1,642 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺3,557 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*1641.703/-2316.787
=0.71

Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's Interest Expense was ₺-397 Mil. Its Operating Income was ₺145 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺5,019 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*144.609/-396.717
=0.36

* 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 0.36 mean?
Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS (IST:SMRTG) has a Interest Coverage of 0.36 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS and its competitors. This is 79% below median its historical median of 1.70. Over the past decade, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's Interest Coverage has ranged from 0.70 to 6.05. According to the industry distribution chart, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS ranks #611 out of 635 companies in the Semiconductors industry, placing it in the top 96.2%.
Is Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's Interest Coverage too high?
Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's current Interest Coverage of 0.36 is 79% below median its 10-year median of 1.70. Over the past 10 years, this metric has ranged from a low of 0.70 to a high of 6.05. The Semiconductors industry median Interest Coverage is 20.32. Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's value of 0.36 is 98.2% below this industry median. Based on the distribution chart, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS ranks #611 out of 635 companies in the Semiconductors industry, which is in the bottom quartile relative to peers. Overall, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's Interest Coverage compare to FSLR and NXT?
According to the Semiconductors industry distribution chart, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS ranks #611 out of 635 companies for Interest Coverage. This places Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS in the lower half of its industry. The industry median Interest Coverage is 20.32. Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's value of 0.36 is 98.2% below this benchmark. Historically, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's own Interest Coverage has ranged from 0.70 to 6.05 over the past decade. While the company's 10-year median is 1.70 vs. the industry median of 20.32, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic 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 Semiconductors company?
The median Interest Coverage among Semiconductors companies is 20.32, based on 635 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. Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's current Interest Coverage of 0.36 is 98.2% 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 Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS and its competitors. For the Semiconductors industry, the median Interest Coverage is 20.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's current Interest Coverage is 0.36, which is 79% below median its own 10-year median of 1.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS stock overvalued right now?
Based on GuruFocus' analysis, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS (IST:SMRTG) is currently considered Fairly Valued. The stock's GF Value™ is ₺11.51, compared to a current price of ₺11.13 — trading 3.3% below its estimated fair value. The current Interest Coverage is 0.36, which is 79% below median its 10-year median of 1.70 and 98.2% below the Semiconductors industry median of 20.32. Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS's overall GF Score™ is 79/100 with 11 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 Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS (IST:SMRTG), the current Interest Coverage is 0.36 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 Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS (IST:SMRTG) Overvalued in 2026?

Based on GuruFocus' analysis, Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS stock appears to be undervalued. The current stock price of ₺11.13 is trading 3.3% below its estimated GF Value™ of ₺11.51. GuruFocus considers Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS to be Fairly Valued.

Key valuation signals for IST:SMRTG:

  • Interest Coverage: 0.36 (79% below median its 10-year median of 1.70)
  • GF Value™: ₺11.51 vs. price of ₺11.13 (3.3% below fair value)
  • GF Score™: 79/100 with 11 warning signs
  • Industry Position: 98.2% below the Semiconductors median (#611 of 635)

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


Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretimn ve Tic AS Business Description

Address Feragat Street No-2, Ruzgarlybahce, 6th Floor, Energy Plaza, Beykoz, Istanbul, TUR
Smart Gunes Enerjisi Tek Arastirma Gelistirme Uretim San ve Tic AS, formerly Smart Gunes Teknolojileri is an integrated solar energy company operating in the area of turnkey installation services and PV module production offers a wide range of solar energy solutions to commercial and retail users. The company provides photovoltaic solar panels based on crystal silicon cells for use in the field and rooftop solar plants.
79GF Score

Get the complete analysis for IST:SMRTG

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

₺11.13
Price
₺11.51
GF Value