Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) Research & Development: ₺112 Mil (TTM As of Dec. 2025)


IST:LINK Link Bilgisayar Systemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS IST:LINK
76 GF Score
Price ₺7.17
GF Value ₺23.93
Valuation Possible Value Trap
! 5 Warning Signs
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What is Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Research & Development?

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS IST:LINK 76 Research & Development is ₺112 Mil as of Dec. 2025. GuruFocus rates IST:LINK with a GF Score™ of 76/100 and a GF Value™ of ₺23.93 (Possible Value Trap). The stock has 5 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Research & Development for the three months ended in Dec. 2025 was ₺35 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2025 was ₺112 Mil.

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS  (IST:LINK) 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.

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Research & Development Related Terms

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Research & Development Historical Data

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The historical data trend for Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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.

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Research & Development Chart

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret 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 2.70 13.08 18.90 37.84 117.84

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 20.00 23.00 29.57 24.46 35.38
IST:LINK
76GF Score
Link Bilgisayar Systemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS IST:LINK
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Link Bilgisayar Systemleri Yazilimi ve Donaniminayi 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 Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was ₺112 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 ₺112 Mil mean?
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) has a Research & Development of ₺112 Mil as of Dec. 2025. Research and development expense is the total cost for research and development activities. View historical data on Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS and its competitors.
Is Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Research & Development too high?
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's current Research & Development is ₺112 Mil. Overall, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Research & Development compare to CRM and SHOP?
Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's Research & Development of ₺112 Mil can be compared against companies in the Software 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 Software company?
A good Research & Development depends on the Software 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS and its competitors. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's current Research & Development is ₺112 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) is currently considered Possible Value Trap. The stock's GF Value™ is ₺23.93, compared to a current price of ₺7.17 — trading 70% below its estimated fair value. The current Research & Development is ₺112 Mil. Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS's overall GF Score™ is 76/100 with 5 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK), the current Research & Development is ₺112 Mil as of Dec. 2025. 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 Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS (IST:LINK) Overvalued in 2026?

Based on GuruFocus' analysis, Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS stock appears to be undervalued. The current stock price of ₺7.17 is trading 70% below its estimated GF Value™ of ₺23.93. GuruFocus considers Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS to be Possible Value Trap.

Key valuation signals for IST:LINK:

  • Research & Development: ₺112 Mil
  • GF Value™: ₺23.93 vs. price of ₺7.17 (70% below fair value)
  • GF Score™: 76/100 with 5 warning signs

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

Link Bilgisayar Systemleri Yazilimi ve Donaniminayi ve Ticaret AS Business Description

Address Kisikli Caddesi No.2, Ak Is Merkezi, A Blok Kat: 2, Altunizade, Uskudar, Istanbul, TUR, 34662
Link Bilgisayar Systemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS is a software development company. It develops integrated business application software that covers all accounting, production, and commercial operational requirements. Some of its products and solutions include e-Document e-Ledger; Bank Integration; Organized Industry Billing; e-Purchase Invoice Transfer; Mandatory Feed Operations Management and others.
76GF Score

Get the complete analysis for IST:LINK

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

₺7.17
Price
₺23.93
GF Value