Marti Otel Isletmeleri AS (IST:MARTI) Retained Earnings: ₺-898 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

IST:MARTI Marti Otel Isletmeleri AS IST:MARTI
28 GF Score
Price ₺1.64
GF Value ₺3.90
Valuation Possible Value Trap
! 5 Warning Signs
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What is Marti Otel Isletmeleri AS Retained Earnings?

Marti Otel Isletmeleri AS IST:MARTI 28 Retained Earnings is ₺-898 Mil as of Mar. 2026. GuruFocus rates IST:MARTI with a GF Score™ of 28/100 and a GF Value™ of ₺3.90 (Possible Value Trap). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Marti Otel Isletmeleri AS's retained earnings for the quarter that ended in Mar. 2026 was ₺-898 Mil.

Marti Otel Isletmeleri AS's quarterly retained earnings increased from Mar. 2025 (₺-518 Mil) to Sep. 2025 (₺-258 Mil) but then declined from Sep. 2025 (₺-258 Mil) to Mar. 2026 (₺-898 Mil).

Marti Otel Isletmeleri AS's annual retained earnings increased from Mar. 2024 (₺-719 Mil) to Mar. 2025 (₺-518 Mil) but then declined from Mar. 2025 (₺-518 Mil) to Mar. 2026 (₺-898 Mil).


Marti Otel Isletmeleri AS  (IST:MARTI) 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.


Marti Otel Isletmeleri AS Retained Earnings Historical Data

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The historical data trend for Marti Otel Isletmeleri 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.

Marti Otel Isletmeleri AS Retained Earnings Chart

Marti Otel Isletmeleri AS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -384.64 -383.93 -719.27 -518.04 -897.69

Marti Otel Isletmeleri AS Semi-Annual Data
Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 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 -719.27 -358.38 -518.04 -258.10 -897.69
IST:MARTI
28GF Score
Marti Otel Isletmeleri AS IST:MARTI
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Marti Otel Isletmeleri 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 ₺-898 Mil mean?
Marti Otel Isletmeleri AS (IST:MARTI) has a Retained Earnings of ₺-898 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Marti Otel Isletmeleri AS and its competitors.
Is Marti Otel Isletmeleri AS's Retained Earnings too high?
Marti Otel Isletmeleri AS's current Retained Earnings is ₺-898 Mil. Overall, Marti Otel Isletmeleri AS has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Marti Otel Isletmeleri AS's Retained Earnings compare to MAR and HLT?
Marti Otel Isletmeleri AS's Retained Earnings of ₺-898 Mil can be compared against companies in the Travel & Leisure 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 Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure 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 Marti Otel Isletmeleri AS and its competitors. Marti Otel Isletmeleri AS's current Retained Earnings is ₺-898 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Marti Otel Isletmeleri AS stock overvalued right now?
Based on GuruFocus' analysis, Marti Otel Isletmeleri AS (IST:MARTI) is currently considered Possible Value Trap. The stock's GF Value™ is ₺3.90, compared to a current price of ₺1.64 — trading 57.9% below its estimated fair value. The current Retained Earnings is ₺-898 Mil. Marti Otel Isletmeleri AS's overall GF Score™ is 28/100 with 5 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 Marti Otel Isletmeleri AS (IST:MARTI), the current Retained Earnings is ₺-898 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 Marti Otel Isletmeleri AS (IST:MARTI) Overvalued in 2026?

Based on GuruFocus' analysis, Marti Otel Isletmeleri AS stock appears to be undervalued. The current stock price of ₺1.64 is trading 57.9% below its estimated GF Value™ of ₺3.90. GuruFocus considers Marti Otel Isletmeleri AS to be Possible Value Trap.

Key valuation signals for IST:MARTI:

  • Retained Earnings: ₺-898 Mil
  • GF Value™: ₺3.90 vs. price of ₺1.64 (57.9% below fair value)
  • GF Score™: 28/100 with 5 warning signs

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


Marti Otel Isletmeleri AS Business Description

Address Devres Han No:50/4, Inonu Caddesi, Beyoglu, Gumussuyu, Istanbul, TUR
Marti Otel Isletmeleri AS is engaged in the operation of tourist resorts and hotels located in Turkey.
28GF Score

Get the complete analysis for IST:MARTI

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

₺1.64
Price
₺3.90
GF Value