Koc Holding AS (IST:KCHOL) Research & Development: ₺9,661 Mil (TTM As of Mar. 2026)


IST:KCHOL Koc Holding AS IST:KCHOL
82 GF Score
Price ₺198.20
GF Value ₺192.66
Valuation Fairly Valued
! 9 Warning Signs
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What is Koc Holding AS Research & Development?

Koc Holding AS IST:KCHOL +1.69% 82 Research & Development is ₺9,661 Mil as of Mar. 2026. GuruFocus rates IST:KCHOL with a GF Score™ of 82/100 and a GF Value™ of ₺192.66 (Fairly Valued). The stock has 9 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Koc Holding AS's Research & Development for the three months ended in Mar. 2026 was ₺2,580 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₺9,661 Mil.


Koc Holding AS  (IST:KCHOL) 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.


Koc Holding AS Research & Development Related Terms


Koc Holding AS Research & Development Historical Data

* Premium members only.

The historical data trend for Koc Holding 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.

Koc Holding AS Research & Development Chart

Koc Holding AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 631.00 2,830.00 4,685.00 9,013.00 9,376.00

Koc Holding 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 2,443.00 2,229.00 2,148.00 2,704.00 2,580.00
IST:KCHOL
82GF Score
Koc Holding AS IST:KCHOL
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Koc Holding 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 ₺9,661 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 ₺9,661 Mil mean?
Koc Holding AS (IST:KCHOL) has a Research & Development of ₺9,661 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Koc Holding AS and its competitors.
Is Koc Holding AS's Research & Development too high?
Koc Holding AS's current Research & Development is ₺9,661 Mil. Overall, Koc Holding AS has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Koc Holding AS's Research & Development compare to HON and MMM?
Koc Holding AS's Research & Development of ₺9,661 Mil can be compared against companies in the Conglomerates 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 Conglomerates company?
A good Research & Development depends on the Conglomerates 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 Koc Holding AS and its competitors. Koc Holding AS's current Research & Development is ₺9,661 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koc Holding AS stock overvalued right now?
Based on GuruFocus' analysis, Koc Holding AS (IST:KCHOL) is currently considered Fairly Valued. The stock's GF Value™ is ₺192.66, compared to a current price of ₺198.20 — trading 2.9% above its estimated fair value. The current Research & Development is ₺9,661 Mil. Koc Holding AS's overall GF Score™ is 82/100 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 Koc Holding AS (IST:KCHOL), the current Research & Development is ₺9,661 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 Koc Holding AS (IST:KCHOL) Overvalued in 2026?

Based on GuruFocus' analysis, Koc Holding AS stock appears to be overvalued. The current stock price of ₺198.20 is trading 2.9% above its estimated GF Value™ of ₺192.66. GuruFocus considers Koc Holding AS to be Fairly Valued.

Key valuation signals for IST:KCHOL:

  • Research & Development: ₺9,661 Mil
  • GF Value™: ₺192.66 vs. price of ₺198.20 (2.9% above fair value)
  • GF Score™: 82/100 with 9 warning signs

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


Koc Holding AS Business Description

Other Exchanges KHOLY:USAKRKA:Germany
Address Nakkastepe Azizbey Sokak No.1, Kuzguncuk-Uskuda, Uskudar, Istanbul, TUR, 34674
Koc Holding AS is a Turkish conglomerate. The group's businesses operate in the energy refining, fuel distribution, liquefied petroleum gas distribution, power generation, natural gas, automotive, automotive retailing, farm tractors, defense, white goods, consumer electronics, air conditioning, banking, leasing, REIT, factoring, brokerage, asset-management, consumer finance, food production, food production distribution, do-it-yourself retailing, tourism, marina operations, information technology, and ship and yacht construction industries. The company operates five core business segments: Energy, Automotive, Consumer durables, Finance, and Other. The majority segment by sales is energy, containing the fuel distribution, refining, and power generation businesses.
82GF Score

Get the complete analysis for IST:KCHOL

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

₺198.20
Price
₺192.66
GF Value