Merit Turizm Yatirim ve Isletme AS
Merit Turizm Yatirim ve Isletme Anonim Sirketi, together with its subsidiaries, engages in the hotel management business in Turkey. The company was founded in 1988 and is based in Istanbul, Turkey. Merit Turizm Yatirim ve Isletme Anonim Sirketi operates as a subsidiary of Net Holding A.S. Merit Turizm Yatirim ve Isletme Anonim Sirketi opearates as a subsidiary of Net Holding A.S.
Market Cap & Net Worth: Merit Turizm Yatirim ve Isletme AS (MERIT)
Merit Turizm Yatirim ve Isletme AS (IS:MERIT) has a market capitalization of $157.75 Million (TL5.59 Billion) as of March 18, 2026. Listed on the IS stock exchange, this Turkey-based company holds position #21475 globally and #258 in its home market, demonstrating a -8.08% decrease in market value over the past year.
Market capitalization, also known as net worth in stock markets, is calculated by multiplying Merit Turizm Yatirim ve Isletme AS's stock price TL16.62 by its total outstanding shares 336600000 (336.60 Million).
Merit Turizm Yatirim ve Isletme AS Market Cap History: 2015 to 2026
Merit Turizm Yatirim ve Isletme AS's market capitalization history from 2015 to 2026. Data shows growth from $4.80 Million to $157.75 Million (34.79% CAGR).
Merit Turizm Yatirim ve Isletme AS Market Cap to Earnings & Revenue Ratios Timeline
This chart shows how Merit Turizm Yatirim ve Isletme AS's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance.
Latest Price to Sales (P/S) Ratio
0.99x
Merit Turizm Yatirim ve Isletme AS's market cap is 0.99 times its annual revenue
0.89x
Higher than industry averageLatest Price to Earnings (P/E) Ratio
0.42x
Merit Turizm Yatirim ve Isletme AS's market cap is 0.42 times its annual earnings
12.03x
Lower than industry averageWhat These Ratios Tell Investors:
- Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
- Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
- Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
- Industry comparison provides context for whether the company is valued higher or lower than peers.
| Year | Market Cap (USD) | Revenue (USD) | Net Income (USD) | P/S Ratio | P/E Ratio |
|---|---|---|---|---|---|
| 2015 | $4.80 Million | $5.88 Million | $1.85 Million | 0.82x | 2.60x |
| 2016 | $4.60 Million | $8.34 Million | $2.35 Million | 0.55x | 1.95x |
| 2017 | $6.69 Million | $10.69 Million | $3.89 Million | 0.63x | 1.72x |
| 2018 | $6.80 Million | $9.97 Million | $7.65 Million | 0.68x | 0.89x |
| 2019 | $22.07 Million | $14.32 Million | $7.21 Million | 1.54x | 3.06x |
| 2020 | $95.01 Million | $4.82 Million | $2.44 Million | 19.71x | 38.94x |
| 2021 | $280.64 Million | $11.37 Million | $3.90 Million | 24.69x | 71.99x |
| 2022 | $382.82 Million | $59.34 Million | $20.10 Million | 6.45x | 19.04x |
| 2023 | $631.44 Million | $149.41 Million | $121.66 Million | 4.23x | 5.19x |
| 2024 | $149.69 Million | $150.51 Million | $357.47 Million | 0.99x | 0.42x |
Competitor Companies of MERIT by Market Capitalization
Companies near Merit Turizm Yatirim ve Isletme AS in the global market cap rankings as of March 18, 2026.
Key companies related to Merit Turizm Yatirim ve Isletme AS by market ranking:
- Las Vegas Sands Corp (NYSE:LVS): Ranked #1126 globally with a market cap of $17.15 Billion USD.
- Galaxy Entertainment Group Ltd (PINK:GXYEF): Ranked #1633 globally with a market cap of $10.45 Billion USD.
- Wynn Resorts Limited (NASDAQ:WYNN): Ranked #2037 globally with a market cap of $7.67 Billion USD.
- MGM Resorts International (NYSE:MGM): Ranked #2210 globally with a market cap of $6.90 Billion USD.
| Rank | Company | Symbol | Market Cap | Price |
|---|---|---|---|---|
| #1126 | Las Vegas Sands Corp | NYSE:LVS | $17.15 Billion | $54.15 |
| #1633 | Galaxy Entertainment Group Ltd | PINK:GXYEF | $10.45 Billion | $4.03 |
| #2037 | Wynn Resorts Limited | NASDAQ:WYNN | $7.67 Billion | $103.33 |
| #2210 | MGM Resorts International | NYSE:MGM | $6.90 Billion | $36.86 |
Merit Turizm Yatirim ve Isletme AS Historical Marketcap From 2015 to 2026
Between 2015 and today, Merit Turizm Yatirim ve Isletme AS's market cap moved from $4.80 Million to $ 157.75 Million, with a yearly change of 34.79%.
| Year | Market Cap | Change (%) |
|---|---|---|
| 2026 | TL157.75 Million | -7.15% |
| 2025 | TL169.90 Million | +13.51% |
| 2024 | TL149.69 Million | -76.29% |
| 2023 | TL631.44 Million | +64.94% |
| 2022 | TL382.82 Million | +36.41% |
| 2021 | TL280.64 Million | +195.39% |
| 2020 | TL95.01 Million | +330.56% |
| 2019 | TL22.07 Million | +224.56% |
| 2018 | TL6.80 Million | +1.69% |
| 2017 | TL6.69 Million | +45.45% |
| 2016 | TL4.60 Million | -4.27% |
| 2015 | TL4.80 Million | -- |
End of Day Market Cap According to Different Sources
On Mar 18th, 2026 the market cap of Merit Turizm Yatirim ve Isletme AS was reported to be:
| Source | Market Cap |
|---|---|
| Yahoo Finance | $157.75 Million USD |
| MoneyControl | $157.75 Million USD |
| MarketWatch | $157.75 Million USD |
| marketcap.company | $157.75 Million USD |
| Reuters | $157.75 Million USD |
Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.