Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Retained Earnings: ₺-87 Mil (As of Mar. 2026)

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IST:KARTN Kartonsan Karton Sanayi ve Ticaret AS IST:KARTN
41 GF Score
Price ₺179.90
GF Value ₺68.21
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Kartonsan Kartonnayi ve Ticaret AS Retained Earnings?

Kartonsan Kartonnayi ve Ticaret AS IST:KARTN +9.96% 41 Retained Earnings is ₺-87 Mil as of Mar. 2026. GuruFocus rates IST:KARTN with a GF Score™ of 41/100 and a GF Value™ of ₺68.21 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kartonsan Kartonnayi ve Ticaret AS's retained earnings for the quarter that ended in Mar. 2026 was ₺-87 Mil.

Kartonsan Kartonnayi ve Ticaret AS's quarterly retained earnings declined from Sep. 2025 (₺436 Mil) to Dec. 2025 (₺107 Mil) and declined from Dec. 2025 (₺107 Mil) to Mar. 2026 (₺-87 Mil).

Kartonsan Kartonnayi ve Ticaret AS's annual retained earnings declined from Dec. 2023 (₺1,738 Mil) to Dec. 2024 (₺1,418 Mil) and declined from Dec. 2024 (₺1,418 Mil) to Dec. 2025 (₺107 Mil).


Kartonsan Kartonnayi ve Ticaret AS  (IST:KARTN) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Kartonsan Kartonnayi ve Ticaret AS Retained Earnings Historical Data

* Premium members only.

The historical data trend for Kartonsan Kartonnayi ve Ticaret AS's Retained Earnings 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.

Kartonsan Kartonnayi ve Ticaret AS Retained Earnings Chart

Kartonsan Kartonnayi ve Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 751.41 2,140.25 1,738.33 1,417.84 106.81

Kartonsan Kartonnayi 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
Retained Earnings 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 735.60 540.75 435.53 106.81 -86.80
IST:KARTN
41GF Score
Kartonsan Karton Sanayi ve Ticaret AS IST:KARTN
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Kartonsan Kartonnayi ve Ticaret AS Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of ₺-87 Mil mean?
Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) has a Retained Earnings of ₺-87 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Kartonsan Kartonnayi ve Ticaret AS and its competitors.
Is Kartonsan Kartonnayi ve Ticaret AS's Retained Earnings too high?
Kartonsan Kartonnayi ve Ticaret AS's current Retained Earnings is ₺-87 Mil. Overall, Kartonsan Kartonnayi ve Ticaret AS has a GF Score™ of 41/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kartonsan Kartonnayi ve Ticaret AS's Retained Earnings compare to SW and PKG?
Kartonsan Kartonnayi ve Ticaret AS's Retained Earnings of ₺-87 Mil can be compared against companies in the Packaging & Containers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Packaging & Containers company?
A good Retained Earnings depends on the Packaging & Containers industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Kartonsan Kartonnayi ve Ticaret AS and its competitors. Kartonsan Kartonnayi ve Ticaret AS's current Retained Earnings is ₺-87 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kartonsan Kartonnayi ve Ticaret AS stock overvalued right now?
Based on GuruFocus' analysis, Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺68.21, compared to a current price of ₺179.90 — trading 163.7% above its estimated fair value. The current Retained Earnings is ₺-87 Mil. Kartonsan Kartonnayi ve Ticaret AS's overall GF Score™ is 41/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN), the current Retained Earnings is ₺-87 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 Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Overvalued in 2026?

Based on GuruFocus' analysis, Kartonsan Kartonnayi ve Ticaret AS stock appears to be overvalued. The current stock price of ₺179.90 is trading 163.7% above its estimated GF Value™ of ₺68.21. GuruFocus considers Kartonsan Kartonnayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:KARTN:

  • Retained Earnings: ₺-87 Mil
  • GF Value™: ₺68.21 vs. price of ₺179.90 (163.7% above fair value)
  • GF Score™: 41/100 with 8 warning signs

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


Kartonsan Kartonnayi ve Ticaret AS Business Description

Address Prof. Dr. Bulent Tarcan Caddesi, No: 5 Pak Is Merkezi, Kat: 3, Gayrettepe, Istanbul, TUR, 34349
Kartonsan Karton Sanayi ve Ticaret AS is a Turkey-based company engaged in producing and trading of coated cardboard from recycled paper. Business activity of the group is operated through Ukraine, Bulgaria, Spain, Greece, Portugal, and Italy. Its portfolio includes product such as Normprint, Exprint and Luxtriplex, Normprint is multi-coated grey-backside cardboard with a blade top coat, which is used as a packaging material; Exprint, used in all types of packaging and detailed graphic printing and Luxtriplex, multi-coated cardboard with white backside which is ideal for all types of packaging, especially for food, cosmetics, pharmaceuticals. Kartonsan derives revenue through the sale of the products.
41GF Score

Get the complete analysis for IST:KARTN

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

₺179.90
Price
₺68.21
GF Value