Viking Kagit Ve Seluloz AS (IST:VKING) Research & Development: ₺10.8 Mil (TTM As of Mar. 2026)


IST:VKING Viking Kagit Ve Seluloz AS IST:VKING
25 GF Score
Price ₺23.92
GF Value ₺19.69
Valuation Modestly Overvalued
! 9 Warning Signs
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What is Viking Kagit Ve Seluloz AS Research & Development?

Viking Kagit Ve Seluloz AS IST:VKING -0.32% 25 Research & Development is ₺10.8 Mil as of Mar. 2026. GuruFocus rates IST:VKING with a GF Score™ of 25/100 and a GF Value™ of ₺19.69 (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. Viking Kagit Ve Seluloz AS's Research & Development for the three months ended in Mar. 2026 was ₺2.4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was ₺10.8 Mil.

Viking Kagit Ve Seluloz AS  (IST:VKING) 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.

Viking Kagit Ve Seluloz AS Research & Development Related Terms

Viking Kagit Ve Seluloz AS Research & Development Historical Data

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The historical data trend for Viking Kagit Ve Seluloz 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.

Viking Kagit Ve Seluloz AS Research & Development Chart

Viking Kagit Ve Seluloz 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 2.06 7.30 9.35 12.57 11.42

Viking Kagit Ve Seluloz 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 3.32 2.96 2.43 2.92 2.45
IST:VKING
25GF Score
Viking Kagit Ve Seluloz AS IST:VKING
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Viking Kagit Ve Seluloz 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 ₺10.8 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 ₺10.8 Mil mean?
Viking Kagit Ve Seluloz AS (IST:VKING) has a Research & Development of ₺10.8 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Viking Kagit Ve Seluloz AS and its competitors.
Is Viking Kagit Ve Seluloz AS's Research & Development too high?
Viking Kagit Ve Seluloz AS's current Research & Development is ₺10.8 Mil. Overall, Viking Kagit Ve Seluloz AS has a GF Score™ of 25/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Viking Kagit Ve Seluloz AS's Research & Development compare to PG and CL?
Viking Kagit Ve Seluloz AS's Research & Development of ₺10.8 Mil can be compared against companies in the Consumer Packaged Goods 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 Consumer Packaged Goods company?
A good Research & Development depends on the Consumer Packaged Goods 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 Viking Kagit Ve Seluloz AS and its competitors. Viking Kagit Ve Seluloz AS's current Research & Development is ₺10.8 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Viking Kagit Ve Seluloz AS stock overvalued right now?
Based on GuruFocus' analysis, Viking Kagit Ve Seluloz AS (IST:VKING) is currently considered Modestly Overvalued. The stock's GF Value™ is ₺19.69, compared to a current price of ₺23.92 — trading 21.5% above its estimated fair value. The current Research & Development is ₺10.8 Mil. Viking Kagit Ve Seluloz AS's overall GF Score™ is 25/100 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 Viking Kagit Ve Seluloz AS (IST:VKING), the current Research & Development is ₺10.8 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 Viking Kagit Ve Seluloz AS (IST:VKING) Overvalued in 2026?

Based on GuruFocus' analysis, Viking Kagit Ve Seluloz AS stock appears to be overvalued. The current stock price of ₺23.92 is trading 21.5% above its estimated GF Value™ of ₺19.69. GuruFocus considers Viking Kagit Ve Seluloz AS to be Modestly Overvalued.

Key valuation signals for IST:VKING:

  • Research & Development: ₺10.8 Mil
  • GF Value™: ₺19.69 vs. price of ₺23.92 (21.5% above fair value)
  • GF Score™: 25/100 with 9 warning signs

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

Viking Kagit Ve Seluloz AS Business Description

Address Yali Mah. Hurriyet Cad. No: 474, Aliaga, Izmir, TUR
Viking Kagit Ve Seluloz AS manufactures and sells semi-finished and finished paper products. It offers paper towels, napkins, facial tissues, tissue paper, printing, laminating and wrapping paper under the brand Premia, Lily, Senso, and Select.
25GF Score

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

₺23.92
Price
₺19.69
GF Value