Girisim Elektriknayi Taahhut Ve Ticaret AS (IST:GESAN) Research & Development: ₺148 Mil (TTM As of Mar. 2026)


IST:GESAN Girisim Elektrik Sanayi Taahhut Ve Ticaret AS IST:GESAN
84 GF Score
Price ₺77.65
GF Value ₺61.44
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Girisim Elektriknayi Taahhut Ve Ticaret AS Research & Development?

Girisim Elektriknayi Taahhut Ve Ticaret AS IST:GESAN +6.08% 84 Research & Development is ₺148 Mil as of Mar. 2026. GuruFocus rates IST:GESAN with a GF Score™ of 84/100 and a GF Value™ of ₺61.44 (Modestly Overvalued). The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Girisim Elektriknayi Taahhut Ve Ticaret AS's Research & Development for the three months ended in Mar. 2026 was ₺44 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₺148 Mil.


Girisim Elektriknayi Taahhut Ve Ticaret AS  (IST:GESAN) 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.


Girisim Elektriknayi Taahhut Ve Ticaret AS Research & Development Related Terms


Girisim Elektriknayi Taahhut Ve Ticaret AS Research & Development Historical Data

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The historical data trend for Girisim Elektriknayi Taahhut Ve Ticaret 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.

Girisim Elektriknayi Taahhut Ve Ticaret AS Research & Development Chart

Girisim Elektriknayi Taahhut Ve Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 6.76 34.54 103.29 158.91 137.91

Girisim Elektriknayi Taahhut 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
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 36.54 24.33 24.40 55.53 43.66
IST:GESAN
84GF Score
Girisim Elektrik Sanayi Taahhut Ve Ticaret AS IST:GESAN
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Girisim Elektriknayi Taahhut Ve Ticaret 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 ₺148 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 ₺148 Mil mean?
Girisim Elektriknayi Taahhut Ve Ticaret AS (IST:GESAN) has a Research & Development of ₺148 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Girisim Elektriknayi Taahhut Ve Ticaret AS and its competitors.
Is Girisim Elektriknayi Taahhut Ve Ticaret AS's Research & Development too high?
Girisim Elektriknayi Taahhut Ve Ticaret AS's current Research & Development is ₺148 Mil. Overall, Girisim Elektriknayi Taahhut Ve Ticaret AS has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Girisim Elektriknayi Taahhut Ve Ticaret AS's Research & Development compare to PWR and FIX?
Girisim Elektriknayi Taahhut Ve Ticaret AS's Research & Development of ₺148 Mil can be compared against companies in the Construction 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 a Construction company?
A good Research & Development depends on the Construction 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 Girisim Elektriknayi Taahhut Ve Ticaret AS and its competitors. Girisim Elektriknayi Taahhut Ve Ticaret AS's current Research & Development is ₺148 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Girisim Elektriknayi Taahhut Ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Girisim Elektriknayi Taahhut Ve Ticaret AS (IST:GESAN) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺61.44, compared to a current price of ₺77.65 — trading 26.4% above its estimated fair value. The current Research & Development is ₺148 Mil. Girisim Elektriknayi Taahhut Ve Ticaret AS's overall GF Score™ is 84/100 with 9 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 Girisim Elektriknayi Taahhut Ve Ticaret AS (IST:GESAN), the current Research & Development is ₺148 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 Girisim Elektriknayi Taahhut Ve Ticaret AS (IST:GESAN) Overvalued in 2026?

Based on GuruFocus' analysis, Girisim Elektriknayi Taahhut Ve Ticaret AS stock appears to be overvalued. The current stock price of ₺77.65 is trading 26.4% above its estimated GF Value™ of ₺61.44. GuruFocus considers Girisim Elektriknayi Taahhut Ve Ticaret AS to be Modestly Overvalued.

Key valuation signals for IST:GESAN:

  • Research & Development: ₺148 Mil
  • GF Value™: ₺61.44 vs. price of ₺77.65 (26.4% above fair value)
  • GF Score™: 84/100 with 9 warning signs

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


Girisim Elektriknayi Taahhut Ve Ticaret AS Business Description

Address Saray Mah. Atom Cad. No:15, Kahramankazan, Ankara, TUR
Girisim Elektrik Sanayi Taahhut Ve Ticaret AS is an EPC contracting, engineering, sales, and marketing company in the Turkish and regional electricity and energy industry.
84GF Score

Get the complete analysis for IST:GESAN

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

₺77.65
Price
₺61.44
GF Value