Kordsa Teknik Tekstil AS (IST:KORDS) Equity-to-Asset: 0.32 (As of Jun. 2026) — Near 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:KORDS Kordsa Teknik Tekstil AS IST:KORDS
73 GF Score
Price ₺88.90
GF Value ₺89.64
Valuation Fairly Valued
! 9 Warning Signs
View Full Analysis

What is Kordsa Teknik Tekstil AS Equity-to-Asset?

Kordsa Teknik Tekstil AS IST:KORDS +1.14% 73 Equity-to-Asset is 0.32 as of Jun. 2026, which is 9% below its 10-year median of 0.35. GuruFocus rates IST:KORDS with a GF Score™ of 73/100 and a GF Value™ of ₺89.64 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,067 Manufacturing - Apparel & Accessories companies, Kordsa Teknik Tekstil AS ranks worse than 79.57% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kordsa Teknik Tekstil AS's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₺17,377 Mil. Kordsa Teknik Tekstil AS's Total Assets for the quarter that ended in Jun. 2026 was ₺53,896 Mil. Therefore, Kordsa Teknik Tekstil AS's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.32.

The historical rank and industry rank for Kordsa Teknik Tekstil AS's Equity-to-Asset or its related term are showing as below:

IST:KORDS' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3   Med: 0.35   Max: 0.45
Current: 0.32

During the past 13 years, the highest Equity to Asset Ratio of Kordsa Teknik Tekstil AS was 0.45. The lowest was 0.30. And the median was 0.35.

IST:KORDS's Equity-to-Asset is ranked worse than
79.57% of 1067 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.55 vs IST:KORDS: 0.32

Kordsa Teknik Tekstil AS  (IST:KORDS) 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%.


Kordsa Teknik Tekstil AS Equity-to-Asset Related Terms


Kordsa Teknik Tekstil AS Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Kordsa Teknik Tekstil 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.

Kordsa Teknik Tekstil AS Equity-to-Asset Chart

Kordsa Teknik Tekstil 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 0.37 0.34 0.37 0.31 0.35

Kordsa Teknik Tekstil 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 0.31 0.31 0.35 0.31 0.32

Kordsa Teknik Tekstil AS Equity-to-Asset Competitor Comparison

For the Textile Manufacturing subindustry, Kordsa Teknik Tekstil 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.


Kordsa Teknik Tekstil AS Equity-to-Asset vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Kordsa Teknik Tekstil AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Kordsa Teknik Tekstil AS's Equity-to-Asset falls into.


IST:KORDS
73GF Score
Kordsa Teknik Tekstil AS IST:KORDS
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kordsa Teknik Tekstil 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.

Kordsa Teknik Tekstil 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
=17354.168/50293.155
=0.35

Kordsa Teknik Tekstil 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
=17376.546/53896.101
=0.32

* 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 0.32 mean?
Kordsa Teknik Tekstil AS (IST:KORDS) has a Equity-to-Asset of 0.32 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Kordsa Teknik Tekstil AS and its competitors. This is near median its historical median of 0.35. Over the past decade, Kordsa Teknik Tekstil AS's Equity-to-Asset has ranged from 0.30 to 0.45. According to the industry distribution chart, Kordsa Teknik Tekstil AS ranks #849 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 79.6%.
Is Kordsa Teknik Tekstil AS's Equity-to-Asset too high?
Kordsa Teknik Tekstil AS's current Equity-to-Asset of 0.32 is near median its 10-year median of 0.35. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.45. The Manufacturing - Apparel & Accessories industry median Equity-to-Asset is 0.55. Kordsa Teknik Tekstil AS's value of 0.32 is 41.8% below this industry median. Based on the distribution chart, Kordsa Teknik Tekstil AS ranks #849 out of 1067 companies in the Manufacturing - Apparel & Accessories industry, which is in the bottom quartile relative to peers. Overall, Kordsa Teknik Tekstil AS has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Kordsa Teknik Tekstil AS's Equity-to-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Kordsa Teknik Tekstil AS ranks #849 out of 1067 companies for Equity-to-Asset. This places Kordsa Teknik Tekstil AS in the lower half of its industry. The industry median Equity-to-Asset is 0.55. Kordsa Teknik Tekstil AS's value of 0.32 is 41.8% below this benchmark. Historically, Kordsa Teknik Tekstil AS's own Equity-to-Asset has ranged from 0.30 to 0.45 over the past decade. While the company's 10-year median is 0.35 vs. the industry median of 0.55, Kordsa Teknik Tekstil AS has consistently been below 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 Manufacturing - Apparel & Accessories company?
The median Equity-to-Asset among Manufacturing - Apparel & Accessories companies is 0.55, based on 1,067 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. Kordsa Teknik Tekstil AS's current Equity-to-Asset of 0.32 is 41.8% below 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 Kordsa Teknik Tekstil AS and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kordsa Teknik Tekstil AS's current Equity-to-Asset is 0.32, which is near median its own 10-year median of 0.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kordsa Teknik Tekstil AS stock overvalued right now?
Based on GuruFocus' analysis, Kordsa Teknik Tekstil AS (IST:KORDS) is currently considered Fairly Valued. The stock's GF Value™ is ₺89.64, compared to a current price of ₺88.90 — trading 0.8% below its estimated fair value. The current Equity-to-Asset is 0.32, which is near median its 10-year median of 0.35 and 41.8% below the Manufacturing - Apparel & Accessories industry median of 0.55. Kordsa Teknik Tekstil AS's overall GF Score™ is 73/100 with 9 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 Kordsa Teknik Tekstil AS (IST:KORDS), the current Equity-to-Asset is 0.32 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 Kordsa Teknik Tekstil AS (IST:KORDS) Overvalued in 2026?

Based on GuruFocus' analysis, Kordsa Teknik Tekstil AS stock appears to be undervalued. The current stock price of ₺88.90 is trading 0.8% below its estimated GF Value™ of ₺89.64. GuruFocus considers Kordsa Teknik Tekstil AS to be Fairly Valued.

Key valuation signals for IST:KORDS:

  • Equity-to-Asset: 0.32 (near median its 10-year median of 0.35)
  • GF Value™: ₺89.64 vs. price of ₺88.90 (0.8% below fair value)
  • GF Score™: 73/100 with 9 warning signs
  • Industry Position: 41.8% below the Manufacturing - Apparel & Accessories median (#849 of 1067)

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


Kordsa Teknik Tekstil AS Business Description

Address Alikahya Fatih Mahallesi Sanayici Caddesi No. 90, Izmit, Kocaeli, TUR, 41310
Kordsa Teknik Tekstil AS is mainly engaged in the production of carcass and industrial fabrics used in vehicle tires; manufacture of industrial fabrics used in rubber and plastic materials such as transmission belts, V belts and rubber hoses; production of heavy denier fibre and connection fabrics; conversion of yarn into cord fabric, fabric for mechanical rubber goods and other rubber reinforcement materials and the marketing thereof; and production of Nylon 6, Nylon 6.6, PET (Polyethyleneterephthalate) HMLS polyester, and rayon heavy decitex yarn for use in tires and mechanical rubber goods. The Company operates in Europe, the Middle East and Africa, North America, South America and Asia.
73GF Score

Get the complete analysis for IST:KORDS

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

₺88.90
Price
₺89.64
GF Value