TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ) Research & Development: ₺1,459 Mil (TTM As of Mar. 2026)

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IST:TRENJ TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS IST:TRENJ
71 GF Score
Price ₺91.80
GF Value ₺83.75
Valuation Fairly Valued
! 3 Warning Signs
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What is TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Research & Development?

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS IST:TRENJ -2.13% 71 Research & Development is ₺1,459 Mil as of Mar. 2026. GuruFocus rates IST:TRENJ with a GF Score™ of 71/100 and a GF Value™ of ₺83.75 (Fairly Valued). The stock has 3 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Research & Development for the three months ended in Mar. 2026 was ₺372 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₺1,459 Mil.

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS  (IST:TRENJ) 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.

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Research & Development Related Terms

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Research & Development Historical Data

* Premium members only.

The historical data trend for TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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.

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Research & Development Chart

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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 295.68 540.80 890.89 1,424.25 1,533.99

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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 483.21 352.06 313.96 420.73 372.43
IST:TRENJ
71GF Score
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS IST:TRENJ
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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TR Dogal Enerji Kaynaklari Arastirma Ve Uretim 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 ₺1,459 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 ₺1,459 Mil mean?
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ) has a Research & Development of ₺1,459 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS and its competitors.
Is TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Research & Development too high?
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's current Research & Development is ₺1,459 Mil. Overall, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Research & Development compare to NEM and AU?
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's Research & Development of ₺1,459 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Research & Development depends on the Metals & Mining 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 TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS and its competitors. TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's current Research & Development is ₺1,459 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS stock overvalued right now?
Based on GuruFocus' analysis, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ) is currently considered Fairly Valued. The stock's GF Value™ is ₺83.75, compared to a current price of ₺91.80 — trading 9.6% above its estimated fair value. The current Research & Development is ₺1,459 Mil. TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS's overall GF Score™ is 71/100 with 3 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 TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ), the current Research & Development is ₺1,459 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 TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS (IST:TRENJ) Overvalued in 2026?

Based on GuruFocus' analysis, TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS stock appears to be overvalued. The current stock price of ₺91.80 is trading 9.6% above its estimated GF Value™ of ₺83.75. GuruFocus considers TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS to be Fairly Valued.

Key valuation signals for IST:TRENJ:

  • Research & Development: ₺1,459 Mil
  • GF Value™: ₺83.75 vs. price of ₺91.80 (9.6% above fair value)
  • GF Score™: 71/100 with 3 warning signs

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

TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS Business Description

Address Necatibey Cad. No :56/B, Demirtepe, Ankara, TUR
TR Dogal Enerji Kaynaklari Arastirma Ve Uretim AS, formerly Ipek Dogal Enerji Kaynaklari Arastirma ve Uretim AS is engaged in the gold mining. It operates seven mines in five regions. The company generates the majority of its revenue from the sale of gold bullion, followed by other revenue and the sale of silver bullion.
71GF Score

Get the complete analysis for IST:TRENJ

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

₺91.80
Price
₺83.75
GF Value