Mercan Kimyanayi ve Ticaret AS (IST:MERCN) Total Operating Expense: ₺498 Mil (TTM As of Mar. 2026)

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IST:MERCN Mercan Kimya Sanayi ve Ticaret AS IST:MERCN
70 GF Score
Price ₺21.14
GF Value ₺11.95
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Mercan Kimyanayi ve Ticaret AS Total Operating Expense?

Mercan Kimyanayi ve Ticaret AS IST:MERCN +1.25% 70 Total Operating Expense is ₺498 Mil as of Mar. 2026. GuruFocus rates IST:MERCN with a GF Score™ of 70/100 and a GF Value™ of ₺11.95 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Mercan Kimyanayi ve Ticaret AS's Total Operating Expense for the three months ended in Mar. 2026 was ₺148 Mil. Mercan Kimyanayi ve Ticaret AS's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₺498 Mil.

Mercan Kimyanayi ve Ticaret AS Total Operating Expense Related Terms

Mercan Kimyanayi ve Ticaret AS Total Operating Expense Historical Data

* Premium members only.

The historical data trend for Mercan Kimyanayi ve Ticaret AS's Total Operating Expense 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.

Mercan Kimyanayi ve Ticaret AS Total Operating Expense Chart

Mercan Kimyanayi ve Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial 62.92 215.62 349.65 443.90 461.74

Mercan Kimyanayi ve Ticaret AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 118.85 121.40 73.56 154.11 148.50
IST:MERCN
70GF Score
Mercan Kimya Sanayi ve Ticaret AS IST:MERCN
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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Mercan Kimyanayi ve Ticaret AS Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺498 Mil.

* 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.

What does a Total Operating Expense of ₺498 Mil mean?
Mercan Kimyanayi ve Ticaret AS (IST:MERCN) has a Total Operating Expense of ₺498 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on Mercan Kimyanayi ve Ticaret AS and its competitors.
Is Mercan Kimyanayi ve Ticaret AS's Total Operating Expense too high?
Mercan Kimyanayi ve Ticaret AS's current Total Operating Expense is ₺498 Mil. Overall, Mercan Kimyanayi ve Ticaret AS has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercan Kimyanayi ve Ticaret AS's Total Operating Expense compare to LIN and SHW?
Mercan Kimyanayi ve Ticaret AS's Total Operating Expense of ₺498 Mil can be compared against companies in the Chemicals industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Operating Expense for a Chemicals company?
A good Total Operating Expense depends on the Chemicals industry context. However, Total Operating Expense should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on Mercan Kimyanayi ve Ticaret AS and its competitors. Mercan Kimyanayi ve Ticaret AS's current Total Operating Expense is ₺498 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercan Kimyanayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Mercan Kimyanayi ve Ticaret AS (IST:MERCN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺11.95, compared to a current price of ₺21.14 — trading 76.9% above its estimated fair value. The current Total Operating Expense is ₺498 Mil. Mercan Kimyanayi ve Ticaret AS's overall GF Score™ is 70/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For Mercan Kimyanayi ve Ticaret AS (IST:MERCN), the current Total Operating Expense is ₺498 Mil 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 Mercan Kimyanayi ve Ticaret AS (IST:MERCN) Overvalued in 2026?

Based on GuruFocus' analysis, Mercan Kimyanayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺21.14 is trading 76.9% above its estimated GF Value™ of ₺11.95. GuruFocus considers Mercan Kimyanayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:MERCN:

  • Total Operating Expense: ₺498 Mil
  • GF Value™: ₺11.95 vs. price of ₺21.14 (76.9% above fair value)
  • GF Score™: 70/100 with 6 warning signs

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

Mercan Kimyanayi ve Ticaret AS Business Description

Address Hacieyuplu Mah. 3125 Sok. No. 23, Merkezefendi Denizli, TUR, 20195
Mercan Kimya Sanayi ve Ticaret AS is engaged in the business of producing, buying, and selling paraffin, emulsion, vaseline and liquid paraffin. It has three group companies under its roof. One of these companies trades cosmetics, detergents, and industrial products in Turkey and abroad. The other company's main activity is to produce, buy and sell paraffin and emulsion for domestic and international markets.
70GF Score

Get the complete analysis for IST:MERCN

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

₺21.14
Price
₺11.95
GF Value