Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Debt-to-Equity: 0.43 (As of Mar. 2026) — 4200% Above Median

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IST:KARTN Kartonsan Karton Sanayi ve Ticaret AS IST:KARTN
41 GF Score
Price ₺233.80
GF Value ₺67.76
Valuation Significantly Overvalued
! 8 Warning Signs
View Full Analysis

What is Kartonsan Kartonnayi ve Ticaret AS Debt-to-Equity?

Kartonsan Kartonnayi ve Ticaret AS IST:KARTN +9.97% 41 Debt-to-Equity is 0.43 as of Mar. 2026, which is 4200% above its 10-year median of 0.01. GuruFocus rates IST:KARTN with a GF Score™ of 41/100 and a GF Value™ of ₺67.76 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 362 Packaging & Containers companies, Kartonsan Kartonnayi ve Ticaret AS ranks worse than 50.28% on this metric.

Kartonsan Kartonnayi ve Ticaret AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺524 Mil. Kartonsan Kartonnayi ve Ticaret AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was ₺573 Mil. Kartonsan Kartonnayi ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was ₺2,531 Mil. Kartonsan Kartonnayi ve Ticaret AS's debt to equity for the quarter that ended in Mar. 2026 was 0.43.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Kartonsan Kartonnayi ve Ticaret AS's Debt-to-Equity or its related term are showing as below:

IST:KARTN' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.01   Max: 0.43
Current: 0.43

During the past 13 years, the highest Debt-to-Equity Ratio of Kartonsan Kartonnayi ve Ticaret AS was 0.43. The lowest was 0.00. And the median was 0.01.

IST:KARTN's Debt-to-Equity is ranked worse than
50.28% of 362 companies
in the Packaging & Containers industry
Industry Median: 0.425 vs IST:KARTN: 0.43

Kartonsan Kartonnayi ve Ticaret AS  (IST:KARTN) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Kartonsan Kartonnayi ve Ticaret AS Debt-to-Equity Related Terms


Kartonsan Kartonnayi ve Ticaret AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Kartonsan Kartonnayi ve Ticaret AS's Debt-to-Equity 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.

Kartonsan Kartonnayi ve Ticaret AS Debt-to-Equity Chart

Kartonsan Kartonnayi ve Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.00 0.00 0.16 0.41

Kartonsan Kartonnayi 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
Debt-to-Equity 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 0.19 0.26 0.34 0.41 0.43

IST:KARTN vs SW, PKG, IP: Debt-to-Equity Comparison

For the Packaging & Containers subindustry, Kartonsan Kartonnayi ve Ticaret AS's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Kartonsan Kartonnayi ve Ticaret AS Debt-to-Equity vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kartonsan Kartonnayi ve Ticaret AS's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Kartonsan Kartonnayi ve Ticaret AS's Debt-to-Equity falls into.


IST:KARTN
41GF Score
Kartonsan Karton Sanayi ve Ticaret AS IST:KARTN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kartonsan Kartonnayi ve Ticaret AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kartonsan Kartonnayi ve Ticaret AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Kartonsan Kartonnayi ve Ticaret AS's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.43 mean?
Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) has a Debt-to-Equity of 0.43 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kartonsan Kartonnayi ve Ticaret AS and its competitors. This is 4200% above median its historical median of 0.01. According to the industry distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #182 out of 362 companies in the Packaging & Containers industry, placing it in the top 50.3%.
Is Kartonsan Kartonnayi ve Ticaret AS's Debt-to-Equity too high?
Kartonsan Kartonnayi ve Ticaret AS's current Debt-to-Equity of 0.43 is 4200% above median its 10-year median of 0.01. The Packaging & Containers industry median Debt-to-Equity is 0.43. Kartonsan Kartonnayi ve Ticaret AS's value of 0.43 is 1.2% above this industry median. Based on the distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #182 out of 362 companies in the Packaging & Containers industry, which is below the industry midpoint. Overall, Kartonsan Kartonnayi ve Ticaret AS has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kartonsan Kartonnayi ve Ticaret AS's Debt-to-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #182 out of 362 companies for Debt-to-Equity. This places Kartonsan Kartonnayi ve Ticaret AS in the lower half of its industry. The industry median Debt-to-Equity is 0.43. Kartonsan Kartonnayi ve Ticaret AS's value of 0.43 is 1.2% above this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.43, Kartonsan Kartonnayi ve Ticaret AS has consistently been above 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 Debt-to-Equity for a Packaging & Containers company?
The median Debt-to-Equity among Packaging & Containers companies is 0.43, based on 362 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kartonsan Kartonnayi ve Ticaret AS's current Debt-to-Equity of 0.43 is 1.2% above 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kartonsan Kartonnayi ve Ticaret AS and its competitors. For the Packaging & Containers industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kartonsan Kartonnayi ve Ticaret AS's current Debt-to-Equity is 0.43, which is 4200% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kartonsan Kartonnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺67.76, compared to a current price of ₺233.80 — trading 245% above its estimated fair value. The current Debt-to-Equity is 0.43, which is 4200% above median its 10-year median of 0.01 and 1.2% above the Packaging & Containers industry median of 0.43. Kartonsan Kartonnayi ve Ticaret AS's overall GF Score™ is 41/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN), the current Debt-to-Equity 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 Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Overvalued in 2026?

Based on GuruFocus' analysis, Kartonsan Kartonnayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺233.80 is trading 245% above its estimated GF Value™ of ₺67.76. GuruFocus considers Kartonsan Kartonnayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:KARTN:

  • Debt-to-Equity: 0.43 (4200% above median its 10-year median of 0.01)
  • GF Value™: ₺67.76 vs. price of ₺233.80 (245% above fair value)
  • GF Score™: 41/100 with 8 warning signs
  • Industry Position: 1.2% above the Packaging & Containers median (#182 of 362)

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


Kartonsan Kartonnayi ve Ticaret AS Business Description

Address Prof. Dr. Bulent Tarcan Caddesi, No: 5 Pak Is Merkezi, Kat: 3, Gayrettepe, Istanbul, TUR, 34349
Kartonsan Karton Sanayi ve Ticaret AS is a Turkey-based company engaged in producing and trading of coated cardboard from recycled paper. Business activity of the group is operated through Ukraine, Bulgaria, Spain, Greece, Portugal, and Italy. Its portfolio includes product such as Normprint, Exprint and Luxtriplex, Normprint is multi-coated grey-backside cardboard with a blade top coat, which is used as a packaging material; Exprint, used in all types of packaging and detailed graphic printing and Luxtriplex, multi-coated cardboard with white backside which is ideal for all types of packaging, especially for food, cosmetics, pharmaceuticals. Kartonsan derives revenue through the sale of the products.
41GF Score

Get the complete analysis for IST:KARTN

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

₺233.80
Price
₺67.76
GF Value