TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO) Interest Coverage: 0.43 (As of Mar. 2026) — 46% Below Median


IST:TSGYO TSKB Gayrimenkul Yatirim Ortakligi AS IST:TSGYO
71 GF Score
Price ₺6.55
GF Value ₺9.13
Valuation Modestly Undervalued
! 7 Warning Signs
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What is TSKB Gayrimenkul Yatirim Ortakligi AS Interest Coverage?

TSKB Gayrimenkul Yatirim Ortakligi AS IST:TSGYO -3.25% 71 Interest Coverage is 0.43 as of Mar. 2026, which is 46% below its 10-year median of 0.80. GuruFocus rates IST:TSGYO with a GF Score™ of 71/100 and a GF Value™ of ₺9.13 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 699 REITs companies, TSKB Gayrimenkul Yatirim Ortakligi AS ranks worse than 96.28% 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. TSKB Gayrimenkul Yatirim Ortakligi AS's Operating Income for the three months ended in Mar. 2026 was ₺8.6 Mil. TSKB Gayrimenkul Yatirim Ortakligi AS's Interest Expense for the three months ended in Mar. 2026 was ₺-20.3 Mil. TSKB Gayrimenkul Yatirim Ortakligi AS's interest coverage for the quarter that ended in Mar. 2026 was 0.43. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for TSKB Gayrimenkul Yatirim Ortakligi AS's Interest Coverage or its related term are showing as below:

IST:TSGYO' s Interest Coverage Range Over the Past 10 Years
Min: 0.41   Med: 0.8   Max: 647.91
Current: 0.42


IST:TSGYO's Interest Coverage is ranked worse than
96.28% of 699 companies
in the REITs industry
Industry Median: 3.11 vs IST:TSGYO: 0.42

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


TSKB Gayrimenkul Yatirim Ortakligi AS  (IST:TSGYO) 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 .


TSKB Gayrimenkul Yatirim Ortakligi AS Interest Coverage Related Terms


TSKB Gayrimenkul Yatirim Ortakligi AS Interest Coverage Historical Data

* Premium members only.

The historical data trend for TSKB Gayrimenkul Yatirim Ortakligi 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.

TSKB Gayrimenkul Yatirim Ortakligi AS Interest Coverage Chart

TSKB Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 647.91 487.32 0.84 0.45

TSKB Gayrimenkul Yatirim Ortakligi 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 0.54 0.31 0.43 0.51 0.43

IST:TSGYO vs BXP, ARE, VNO: Interest Coverage Comparison

For the REIT - Office subindustry, TSKB Gayrimenkul Yatirim Ortakligi 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.


TSKB Gayrimenkul Yatirim Ortakligi AS Interest Coverage vs REITs Industry

For the REITs industry and Real Estate sector, TSKB Gayrimenkul Yatirim Ortakligi AS's Interest Coverage distribution charts can be found below:

* The bar in red indicates where TSKB Gayrimenkul Yatirim Ortakligi AS's Interest Coverage falls into.


IST:TSGYO
71GF Score
TSKB Gayrimenkul Yatirim Ortakligi AS IST:TSGYO
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TSKB Gayrimenkul Yatirim Ortakligi 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.

TSKB Gayrimenkul Yatirim Ortakligi 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, TSKB Gayrimenkul Yatirim Ortakligi AS's Interest Expense was ₺-105.7 Mil. Its Operating Income was ₺47.2 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺0.0 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*47.169/-105.669
=0.45

TSKB Gayrimenkul Yatirim Ortakligi AS's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, TSKB Gayrimenkul Yatirim Ortakligi AS's Interest Expense was ₺-20.3 Mil. Its Operating Income was ₺8.6 Mil. And its Long-Term Debt & Capital Lease Obligation was ₺0.0 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*8.644/-20.313
=0.43

* 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 0.43 mean?
TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO) has a Interest Coverage of 0.43 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on TSKB Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 46% below median its historical median of 0.80. Over the past decade, TSKB Gayrimenkul Yatirim Ortakligi AS's Interest Coverage has ranged from 0.41 to 647.91. According to the industry distribution chart, TSKB Gayrimenkul Yatirim Ortakligi AS ranks #673 out of 699 companies in the REITs industry, placing it in the top 96.3%.
Is TSKB Gayrimenkul Yatirim Ortakligi AS's Interest Coverage too high?
TSKB Gayrimenkul Yatirim Ortakligi AS's current Interest Coverage of 0.43 is 46% below median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 647.91. The REITs industry median Interest Coverage is 3.11. TSKB Gayrimenkul Yatirim Ortakligi AS's value of 0.43 is 86.2% below this industry median. Based on the distribution chart, TSKB Gayrimenkul Yatirim Ortakligi AS ranks #673 out of 699 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, TSKB Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TSKB Gayrimenkul Yatirim Ortakligi AS's Interest Coverage compare to BXP and ARE?
According to the REITs industry distribution chart, TSKB Gayrimenkul Yatirim Ortakligi AS ranks #673 out of 699 companies for Interest Coverage. This places TSKB Gayrimenkul Yatirim Ortakligi AS in the lower half of its industry. The industry median Interest Coverage is 3.11. TSKB Gayrimenkul Yatirim Ortakligi AS's value of 0.43 is 86.2% below this benchmark. Historically, TSKB Gayrimenkul Yatirim Ortakligi AS's own Interest Coverage has ranged from 0.41 to 647.91 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 3.11, TSKB Gayrimenkul Yatirim Ortakligi 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 REITs company?
The median Interest Coverage among REITs companies is 3.11, based on 699 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. TSKB Gayrimenkul Yatirim Ortakligi AS's current Interest Coverage of 0.43 is 86.2% 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 TSKB Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Interest Coverage is 3.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TSKB Gayrimenkul Yatirim Ortakligi AS's current Interest Coverage is 0.43, which is 46% below median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TSKB Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO) is currently considered Modestly Undervalued. The stock's GF Value™ is ₺9.13, compared to a current price of ₺6.55 — trading 28.3% below its estimated fair value. The current Interest Coverage is 0.43, which is 46% below median its 10-year median of 0.80 and 86.2% below the REITs industry median of 3.11. TSKB Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 71/100 with 7 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 TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO), the current Interest Coverage is 0.43 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 TSKB Gayrimenkul Yatirim Ortakligi AS (IST:TSGYO) Overvalued in 2026?

Based on GuruFocus' analysis, TSKB Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺6.55 is trading 28.3% below its estimated GF Value™ of ₺9.13. GuruFocus considers TSKB Gayrimenkul Yatirim Ortakligi AS to be Modestly Undervalued.

Key valuation signals for IST:TSGYO:

  • Interest Coverage: 0.43 (46% below median its 10-year median of 0.80)
  • GF Value™: ₺9.13 vs. price of ₺6.55 (28.3% below fair value)
  • GF Score™: 71/100 with 7 warning signs
  • Industry Position: 86.2% below the REITs median (#673 of 699)

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


TSKB Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Meclisi Mebusan Cad, Mollabayırı Sok. No:1, Fındıklı, Instanbul, TUR, 34427
TSKB Gayrimenkul Yatirim Ortakligi AS is a portfolio management company that invests in real estate and real estate projects. The company focuses to create and develop a profitable real estate portfolio in order to provide high returns to its shareholders. It invests in real estate properties, real estate-based capital market instruments, real estate projects, real estate-based rights and capital market instruments. Geographically the business activities are carried out through the region of Turkey.
71GF Score

Get the complete analysis for IST:TSGYO

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

₺6.55
Price
₺9.13
GF Value