Celik Halat ve Telnayii AS (IST:CELHA) Research & Development: ₺7 Mil (TTM As of Mar. 2026)


IST:CELHA Celik Halat ve Tel Sanayii AS IST:CELHA
38 GF Score
Price ₺17.15
GF Value ₺6.59
Valuation Significantly Overvalued
! 10 Warning Signs
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What is Celik Halat ve Telnayii AS Research & Development?

Celik Halat ve Telnayii AS IST:CELHA -0.69% 38 Research & Development is ₺7 Mil as of Mar. 2026. GuruFocus rates IST:CELHA with a GF Score™ of 38/100 and a GF Value™ of ₺6.59 (Significantly Overvalued). The stock has 10 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Celik Halat ve Telnayii AS's Research & Development for the three months ended in Mar. 2026 was ₺4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₺7 Mil.


Celik Halat ve Telnayii AS  (IST:CELHA) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.


Celik Halat ve Telnayii AS Research & Development Related Terms


Celik Halat ve Telnayii AS Research & Development Historical Data

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The historical data trend for Celik Halat ve Telnayii AS's Research & Development 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.

Celik Halat ve Telnayii AS Research & Development Chart

Celik Halat ve Telnayii AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.69 2.71 3.35 22.52 102.38

Celik Halat ve Telnayii AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
Research & Development 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 68.62 0.00 2.13 0.17 4.33
IST:CELHA
38GF Score
Celik Halat ve Tel Sanayii AS IST:CELHA
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Celik Halat ve Telnayii AS Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺7 Mil.

* 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 Research & Development →
What does a Research & Development of ₺7 Mil mean?
Celik Halat ve Telnayii AS (IST:CELHA) has a Research & Development of ₺7 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Celik Halat ve Telnayii AS and its competitors.
Is Celik Halat ve Telnayii AS's Research & Development too high?
Celik Halat ve Telnayii AS's current Research & Development is ₺7 Mil. Overall, Celik Halat ve Telnayii AS has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Celik Halat ve Telnayii AS's Research & Development compare to CRS and ATI?
Celik Halat ve Telnayii AS's Research & Development of ₺7 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for an Industrial Products company?
A good Research & Development depends on the Industrial Products industry context. However, Research & Development 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 Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Celik Halat ve Telnayii AS and its competitors. Celik Halat ve Telnayii AS's current Research & Development is ₺7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Celik Halat ve Telnayii AS stock overvalued right now?
Based on GuruFocus' analysis, Celik Halat ve Telnayii AS (IST:CELHA) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺6.59, compared to a current price of ₺17.15 — trading 160.2% above its estimated fair value. The current Research & Development is ₺7 Mil. Celik Halat ve Telnayii AS's overall GF Score™ is 38/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Celik Halat ve Telnayii AS (IST:CELHA), the current Research & Development is ₺7 Mil 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 Celik Halat ve Telnayii AS (IST:CELHA) Overvalued in 2026?

Based on GuruFocus' analysis, Celik Halat ve Telnayii AS stock appears to be overvalued. The current stock price of ₺17.15 is trading 160.2% above its estimated GF Value™ of ₺6.59. GuruFocus considers Celik Halat ve Telnayii AS to be Significantly Overvalued.

Key valuation signals for IST:CELHA:

  • Research & Development: ₺7 Mil
  • GF Value™: ₺6.59 vs. price of ₺17.15 (160.2% above fair value)
  • GF Score™: 38/100 with 10 warning signs

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


Celik Halat ve Telnayii AS Business Description

Address Ertugrul Gazi Mahallesi Sehitler Caddesi, No:2 Kartepe, Kocaeli, TUR, 41180
Celik Halat ve Tel Sanayii AS is engaged in manufacturing high carbon wire and steel wire ropes. Its products portfolio includes steel wire ropes consisting of Crane Ropes, Chairlift Ropes, Marine Ropes, Mining Ropes, Elevator Ropes, and special ropes; galvanized wire, bead wire, mechanical spring wire; prestressed concrete strand, concrete strand, and concrete wire. Its products are used in various sectors including mining, construction, tire, bead, energy, fishery and other manufacturing industries. Its products are exported to the USA, Canada, Holland, Romania, Serbia, Spain, Italy and other European Countries, Turkmenistan, Azerbaijan and other Turkic Republics.
38GF Score

Get the complete analysis for IST:CELHA

Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺17.15
Price
₺6.59
GF Value