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MERCN Stock Analysis and CommentaryMercan Kimya Sanayi ve Ticaret A.Ş.
- Volume
- TRY 9.7M
- Day range
- 2.56 – 2.72
- Previous close
- 2.72
- Market cap
- TRY 498.8M
Last updated: Source: Borsa Istanbul, 15-minute delayed
At a Glance: MERCN Stock
- The MERCN share price was TRY 2.62 as of November 2, 2026, a daily change of −3.68%.
- According to Yatırımcı.AI data, the company has a market cap of TRY 498.8M, a P/E of 2.79 and a P/B of 0.18.
- 52-week price range: TRY 2.56 – 9.26; one-year change −68.73%.
- Latest dividend: gross TRY 0.21 per share paid on July 28, 2026.
- Latest reported financial statements: Q2 2026.
What is the MERCN share price?
MERCN (Mercan Kimya Sanayi ve Ticaret A.Ş.) was at TRY 2.62 as of November 2, 2026, a daily change of −3.68%. Prices are delayed by 15 minutes.
What are the MERCN P/E and P/B ratios?
MERCN has a market cap of TRY 498.8M, a P/E of 2.79 and a P/B of 0.18. Ratios use the latest financial statements and the current price.
Does MERCN pay a dividend?
Latest dividend: gross TRY 0.21 per share paid on July 28, 2026.
Key Stats
- Day range
- 2.562.72
- 52 weeks
- 2.5612.40
- Previous close
- 2.72
- Volume
- TRY 9.7M
- Weighted avg.
- 2.61
- Market cap
- TRY 498.8M
- P/E
- 2.79
- P/B
- 0.18
- EV/EBITDA
- 5.44
- Dividend yield
- 0.90%
- Free float
- 36.14%
- Paid-in capital
- TRY 190.4M
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My Notes
MERCN Company Profile
Mercan Kimya Sanayi ve Ticaret A.Ş. trades on Borsa Istanbul under the ticker MERCN. Field of activity as filed with KAP (in Turkish): Şirketin ana faaliyet konusu parafin, vazelin, emülsiyon ve likit parafin üretmek, almak ve satmaktır.
- Head office
- Hacıeyüplü Mah. 3125 Sok. NO:23 Merkezefendi / Denizli
- Chair of the board
- Gültekin Okay Salgar
- Genel Müdür
- Tolga Duran
- Website
- mercankimya.com.tr
- Subsidiaries and affiliates
- 5 companies
Shareholder structure
- Gültekin Okay Salgar
- 25.14%
- Berkin Salgar
- 18.09%
- Sinan Salgar
- 18.05%
- Other
- 38.72%
MERCN Price Performance
- 1 week
- −10.78%
- 1 month
- −27.56%
- 3 months
- −62.36%
- Year to date
- −54.11%
- 1 year
- −68.73%
- 52-week high
- 9.26
- 52-week low
- 2.56
- Distance from 52-week high
- −71.70%
- Volume vs 20-session average
- 0.2×
- Rank among the day’s losers
- 159 / 626
- Rank by traded value
- 350 / 626
MERCN Stock Summary (Nov 2, 2026)
Mercan Kimya Sanayi ve Ticaret A.Ş. (MERCN) traded at TRY 2.62 as of 02/11/2026, a daily change of −3.68%. In the 02/11/2026 session, MERCN ranked #159 among the top losers and #350 by traded value out of 626 traded stocks. The share price changed −10.78% over the past week, −27.56% over the past month, −54.11% year to date and −68.73% over the past year. The 52-week trading range is TRY 2.56 – 9.26. The last close is 71.70% below the 52-week high. The company has a market cap of TRY 498.8M, a P/E ratio of 2.79, a P/B ratio of 0.18 and a free float of 36.14%. The stock belongs to the Chemicals, Petroleum, Rubber and Plastics sector, trades on the Main Market and is a constituent of the BIST 500, BIST All Shares, XTUMY, BIST Main Market indices. Our AI fair value model estimates TRY 22.70 (766.29%); model date July 21, 2026. Latest KAP disclosure (November 2, 2026): BISTECH Pay Piyasası Alım Satım Sistemi Duyurusu.
Frequently Asked Questions
What is the price target for MERCN?
Our AI fair value model estimates TRY 22.70 (766.29%).
MERCN stock today: what happened?
In the 02/11/2026 session MERCN traded at TRY 2.62, a daily change of −3.68%, with a day range of TRY 2.56 – 2.72 and a turnover of TRY 9.7M. Previous close: TRY 2.72. Data is delayed by 15 minutes.
What is the MERCN share price today?
MERCN (Mercan Kimya Sanayi ve Ticaret A.Ş.) is at TRY 2.62 as of 02/11/2026, a daily change of −3.68%. Prices are delayed by 15 minutes; live prices require a Plus membership.
Which company is MERCN and what does it do?
Mercan Kimya Sanayi ve Ticaret A.Ş. trades on Borsa Istanbul under the ticker MERCN. Field of activity as filed with KAP (in Turkish): Şirketin ana faaliyet konusu parafin, vazelin, emülsiyon ve likit parafin üretmek, almak ve satmaktır. Head office: Hacıeyüplü Mah. 3125 Sok. NO:23 Merkezefendi / Denizli. Chair of the board: Gültekin Okay Salgar. Genel Müdür: Tolga Duran.
Who are the shareholders of MERCN?
According to the capital structure filed with KAP, the shareholders of MERCN are: Gültekin Okay Salgar (25.14%), Berkin Salgar (18.09%), Sinan Salgar (18.05%), Other (38.72%).
How much has MERCN changed over the past year?
The share price changed −10.78% over the past week, −27.56% over the past month, −54.11% year to date and −68.73% over the past year. The 52-week trading range is TRY 2.56 – 9.26. The last close is 71.70% below the 52-week high.
What are the P/E and P/B ratios of MERCN?
MERCN has a market cap of TRY 498.8M, a P/E ratio of 2.79, a P/B ratio of 0.18 and an EV/EBITDA of 5.44. Ratios use the latest reported financial statements and the current price.
Which sector and indices does MERCN belong to?
Mercan Kimya Sanayi ve Ticaret A.Ş. trades in the Chemicals, Petroleum, Rubber and Plastics sector on the Main Market market. Its indices: BIST 500, BIST All Shares, XTUMY, BIST Main Market, BIST Participation All, XT05Y, XUGRA, BIST Industrials, XSINS, BIST Chemicals, Petroleum, Plastics, XSDNZ.
Is MERCN eligible for the participation (Islamic) indices?
Yes. As of Nov 2, 2026, MERCN is a constituent of the Borsa Istanbul participation indices, which cover companies that comply with interest-free finance principles: BIST Participation All. The current index period is October 2026–April 2027. Borsa Istanbul reviews participation index membership for the May–September and October–April periods; this is not investment advice.
What is the dividend yield of MERCN?
The trailing dividend yield of MERCN is calculated at 0.90%.
What does the AI say about MERCN?
Our fair value model estimates TRY 22.70 for MERCN, a difference of 766.29% from the current price. The model was updated on July 21, 2026. This is not investment advice.
Which stocks are similar to MERCN?
Stocks trading alongside MERCN in the Chemicals, Petroleum, Rubber and Plastics sector: TUPRS, GUBRF, SASA, PETKM, AKSA, ECILC, BRISA, ORZAX.
Where does the data on this page come from and how often is it updated?
Price, ratio and company data come from IdealData, a licensed Borsa Istanbul data vendor; analyst targets from broker research; AI indicators from Yatırımcı.AI models. Prices are delayed 15 minutes, ratios refresh daily and financial statements after each KAP disclosure.
Participation index coverage: Borsa Istanbul
Prepared by: Yatırımcı.AI Research TeamLast reviewed: Method: MethodologyEditorial policy