Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Gross Margin %: -12.00% (As of Mar. 2026)


IST:KARTN Kartonsan Karton Sanayi ve Ticaret AS IST:KARTN
49 GF Score
Price ₺137.00
GF Value ₺68.72
Valuation Significantly Overvalued
! 9 Warning Signs
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What is Kartonsan Kartonnayi ve Ticaret AS Gross Margin %?

Kartonsan Kartonnayi ve Ticaret AS IST:KARTN +0.59% 49 Gross Margin % is -12.00% as of Mar. 2026. GuruFocus rates IST:KARTN with a GF Score™ of 49/100 and a GF Value™ of ₺68.72 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 383 Packaging & Containers companies, Kartonsan Kartonnayi ve Ticaret AS ranks worse than 98.96% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Kartonsan Kartonnayi ve Ticaret AS's Gross Profit for the three months ended in Mar. 2026 was ₺-126 Mil. Kartonsan Kartonnayi ve Ticaret AS's Revenue for the three months ended in Mar. 2026 was ₺1,052 Mil. Therefore, Kartonsan Kartonnayi ve Ticaret AS's Gross Margin % for the quarter that ended in Mar. 2026 was -12.00%.


The historical rank and industry rank for Kartonsan Kartonnayi ve Ticaret AS's Gross Margin % or its related term are showing as below:

IST:KARTN' s Gross Margin % Range Over the Past 10 Years
Min: -29.55   Med: 16.62   Max: 26.58
Current: -25.48


During the past 13 years, the highest Gross Margin % of Kartonsan Kartonnayi ve Ticaret AS was 26.58%. The lowest was -29.55%. And the median was 16.62%.

IST:KARTN's Gross Margin % is ranked worse than
98.96% of 383 companies
in the Packaging & Containers industry
Industry Median: 21.27 vs IST:KARTN: -25.48

Kartonsan Kartonnayi ve Ticaret AS had a gross margin of -12.00% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kartonsan Kartonnayi ve Ticaret AS was 0.00% per year.


Kartonsan Kartonnayi ve Ticaret AS  (IST:KARTN) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Kartonsan Kartonnayi ve Ticaret AS had a gross margin of -12.00% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Kartonsan Kartonnayi ve Ticaret AS Gross Margin % Related Terms


Kartonsan Kartonnayi ve Ticaret AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Kartonsan Kartonnayi ve Ticaret AS's Gross Margin % 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 Gross Margin % Chart

Kartonsan Kartonnayi ve Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 26.58 21.19 -18.60 -10.25 -29.55

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
Gross Margin % 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 -27.33 -27.15 -24.42 -37.72 -12.00

IST:KARTN vs SW, PKG, AMCR: Gross Margin % Comparison

For the Packaging & Containers subindustry, Kartonsan Kartonnayi ve Ticaret AS's Gross Margin %, along with its competitors' market caps and Gross Margin % 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 Gross Margin % vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kartonsan Kartonnayi ve Ticaret AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Kartonsan Kartonnayi ve Ticaret AS's Gross Margin % falls into.


IST:KARTN
49GF Score
Kartonsan Karton Sanayi ve Ticaret AS IST:KARTN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kartonsan Kartonnayi ve Ticaret AS Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Kartonsan Kartonnayi ve Ticaret AS's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=-1187.8 / 4019.169
=(Revenue - Cost of Goods Sold) / Revenue
=(4019.169 - 5207.015) / 4019.169
=-29.55 %

Kartonsan Kartonnayi ve Ticaret AS's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-126.2 / 1051.595
=(Revenue - Cost of Goods Sold) / Revenue
=(1051.595 - 1177.746) / 1051.595
=-12.00 %

* 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.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -12.00% mean?
Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) has a Gross Margin % of -12.00% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kartonsan Kartonnayi ve Ticaret AS and its competitors. According to the industry distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #379 out of 383 companies in the Packaging & Containers industry, placing it in the top 99%.
Is Kartonsan Kartonnayi ve Ticaret AS's Gross Margin % too high?
Kartonsan Kartonnayi ve Ticaret AS's current Gross Margin % is -12.00%. Based on the distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #379 out of 383 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Kartonsan Kartonnayi ve Ticaret AS has a GF Score™ of 49/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kartonsan Kartonnayi ve Ticaret AS's Gross Margin % compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #379 out of 383 companies for Gross Margin %. This places Kartonsan Kartonnayi ve Ticaret AS in the lower half of its industry. The industry median Gross Margin % is 21.27. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Packaging & Containers company?
The median Gross Margin % among Packaging & Containers companies is 21.27, based on 383 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Kartonsan Kartonnayi ve Ticaret AS and its competitors. For the Packaging & Containers industry, the median Gross Margin % is 21.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kartonsan Kartonnayi ve Ticaret AS's current Gross Margin % is -12.00%. 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 ₺68.72, compared to a current price of ₺137.00 — trading 99.4% above its estimated fair value. The current Gross Margin % is -12.00%. Kartonsan Kartonnayi ve Ticaret AS's overall GF Score™ is 49/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN), the current Gross Margin % is -12.00% 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 ₺137.00 is trading 99.4% above its estimated GF Value™ of ₺68.72. GuruFocus considers Kartonsan Kartonnayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:KARTN:

  • Gross Margin %: -12.00%
  • GF Value™: ₺68.72 vs. price of ₺137.00 (99.4% above fair value)
  • GF Score™: 49/100 with 9 warning signs

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.
49GF Score

Get the complete analysis for IST:KARTN

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺137.00
Price
₺68.72
GF Value