Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Equity-to-Asset: 0.66 (As of Jun. 2026) — 18% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:KARTN Kartonsan Karton Sanayi ve Ticaret AS IST:KARTN
48 GF Score
Price ₺185.10
GF Value ₺70.25
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

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

Kartonsan Kartonnayi ve Ticaret AS IST:KARTN +2.55% 48 Equity-to-Asset is 0.66 as of Jun. 2026, which is 18% below its 10-year median of 0.80. GuruFocus rates IST:KARTN with a GF Score™ of 48/100 and a GF Value™ of ₺70.25 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 407 Packaging & Containers companies, Kartonsan Kartonnayi ve Ticaret AS ranks better than 69.29% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kartonsan Kartonnayi ve Ticaret AS's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₺2,920 Mil. Kartonsan Kartonnayi ve Ticaret AS's Total Assets for the quarter that ended in Jun. 2026 was ₺4,420 Mil. Therefore, Kartonsan Kartonnayi ve Ticaret AS's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.66.

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

IST:KARTN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.57   Med: 0.8   Max: 0.9
Current: 0.66

During the past 13 years, the highest Equity to Asset Ratio of Kartonsan Kartonnayi ve Ticaret AS was 0.90. The lowest was 0.57. And the median was 0.80.

IST:KARTN's Equity-to-Asset is ranked better than
69.29% of 407 companies
in the Packaging & Containers industry
Industry Median: 0.56 vs IST:KARTN: 0.66

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

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


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


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

* Premium members only.

The historical data trend for Kartonsan Kartonnayi ve Ticaret AS's Equity-to-Asset 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 Equity-to-Asset Chart

Kartonsan Kartonnayi ve Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.81 0.79 0.71 0.58

Kartonsan Kartonnayi ve Ticaret AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset 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 0.64 0.62 0.58 0.57 0.66

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

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

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

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


IST:KARTN
48GF Score
Kartonsan Karton Sanayi ve Ticaret AS IST:KARTN
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kartonsan Kartonnayi ve Ticaret AS Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=2472.992/4303.731
=0.57

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

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=2919.641/4419.815
=0.66

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.66 mean?
Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) has a Equity-to-Asset of 0.66 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Kartonsan Kartonnayi ve Ticaret AS and its competitors. This is 18% below median its historical median of 0.80. Over the past decade, Kartonsan Kartonnayi ve Ticaret AS's Equity-to-Asset has ranged from 0.57 to 0.90. According to the industry distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #125 out of 407 companies in the Packaging & Containers industry, placing it in the top 30.7%.
Is Kartonsan Kartonnayi ve Ticaret AS's Equity-to-Asset too high?
Kartonsan Kartonnayi ve Ticaret AS's current Equity-to-Asset of 0.66 is 18% below median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.57 to a high of 0.90. The Packaging & Containers industry median Equity-to-Asset is 0.56. Kartonsan Kartonnayi ve Ticaret AS's value of 0.66 is 17.9% above this industry median. Based on the distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #125 out of 407 companies in the Packaging & Containers industry, which is above the industry midpoint. Overall, Kartonsan Kartonnayi ve Ticaret AS has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kartonsan Kartonnayi ve Ticaret AS's Equity-to-Asset compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #125 out of 407 companies for Equity-to-Asset. This puts Kartonsan Kartonnayi ve Ticaret AS in the upper half of its industry. The industry median Equity-to-Asset is 0.56. Kartonsan Kartonnayi ve Ticaret AS's value of 0.66 is 17.9% above this benchmark. Historically, Kartonsan Kartonnayi ve Ticaret AS's own Equity-to-Asset has ranged from 0.57 to 0.90 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 0.56, 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 Equity-to-Asset for a Packaging & Containers company?
The median Equity-to-Asset among Packaging & Containers companies is 0.56, based on 407 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kartonsan Kartonnayi ve Ticaret AS's current Equity-to-Asset of 0.66 is 17.9% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Kartonsan Kartonnayi ve Ticaret AS and its competitors. For the Packaging & Containers industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kartonsan Kartonnayi ve Ticaret AS's current Equity-to-Asset is 0.66, which is 18% 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 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 ₺70.25, compared to a current price of ₺185.10 — trading 163.5% above its estimated fair value. The current Equity-to-Asset is 0.66, which is 18% below median its 10-year median of 0.80 and 17.9% above the Packaging & Containers industry median of 0.56. Kartonsan Kartonnayi ve Ticaret AS's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN), the current Equity-to-Asset is 0.66 as of Jun. 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 ₺185.10 is trading 163.5% above its estimated GF Value™ of ₺70.25. GuruFocus considers Kartonsan Kartonnayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:KARTN:

  • Equity-to-Asset: 0.66 (18% below median its 10-year median of 0.80)
  • GF Value™: ₺70.25 vs. price of ₺185.10 (163.5% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 17.9% above the Packaging & Containers median (#125 of 407)

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.
48GF Score

Get the complete analysis for IST:KARTN

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

₺185.10
Price
₺70.25
GF Value