Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) Return-on-Tangible-Equity: 32.49% (As of Jun. 2026) — 103% Above Median

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IST:KARTN Kartonsan Karton Sanayi ve Ticaret AS IST:KARTN
48 GF Score
Price ₺184.50
GF Value ₺70.16
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Kartonsan Kartonnayi ve Ticaret AS Return-on-Tangible-Equity?

Kartonsan Kartonnayi ve Ticaret AS IST:KARTN -2.43% 48 Return-on-Tangible-Equity is 32.49% as of Jun. 2026, which is 103% above its 10-year median of 15.99. GuruFocus rates IST:KARTN with a GF Score™ of 48/100 and a GF Value™ of ₺70.16 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 394 Packaging & Containers companies, Kartonsan Kartonnayi ve Ticaret AS ranks worse than 94.16% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Kartonsan Kartonnayi ve Ticaret AS's annualized net income for the quarter that ended in Jun. 2026 was ₺876 Mil. Kartonsan Kartonnayi ve Ticaret AS's average shareholder tangible equity for the quarter that ended in Jun. 2026 was ₺2,697 Mil. Therefore, Kartonsan Kartonnayi ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 was 32.49%.

The historical rank and industry rank for Kartonsan Kartonnayi ve Ticaret AS's Return-on-Tangible-Equity or its related term are showing as below:

IST:KARTN' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -38.4   Med: 15.99   Max: 52.19
Current: -19.47

During the past 13 years, Kartonsan Kartonnayi ve Ticaret AS's highest Return-on-Tangible-Equity was 52.19%. The lowest was -38.40%. And the median was 15.99%.

IST:KARTN's Return-on-Tangible-Equity is ranked worse than
94.16% of 394 companies
in the Packaging & Containers industry
Industry Median: 5.94 vs IST:KARTN: -19.47

Kartonsan Kartonnayi ve Ticaret AS  (IST:KARTN) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Kartonsan Kartonnayi ve Ticaret AS Return-on-Tangible-Equity Related Terms


Kartonsan Kartonnayi ve Ticaret AS Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Kartonsan Kartonnayi ve Ticaret AS's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

Kartonsan Kartonnayi ve Ticaret AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 52.19 25.79 -26.74 -24.29 -38.40

Kartonsan Kartonnayi ve Ticaret AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Return-on-Tangible-Equity 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 -47.42 -21.91 -59.47 -33.02 32.49

IST:KARTN vs SW, PKG, IP: Return-on-Tangible-Equity Comparison

For the Packaging & Containers subindustry, Kartonsan Kartonnayi ve Ticaret AS's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Kartonsan Kartonnayi ve Ticaret AS Return-on-Tangible-Equity vs Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Kartonsan Kartonnayi ve Ticaret AS's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Kartonsan Kartonnayi ve Ticaret AS's Return-on-Tangible-Equity falls into.


IST:KARTN
48GF Score
Kartonsan Karton Sanayi ve Ticaret AS IST:KARTN
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kartonsan Kartonnayi ve Ticaret AS Return-on-Tangible-Equity Calculation

Kartonsan Kartonnayi ve Ticaret AS's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=-1161.718/( (3603.071+2447.167 )/ 2 )
=-1161.718/3025.119
=-38.40 %

Kartonsan Kartonnayi ve Ticaret AS's annualized Return-on-Tangible-Equity for the quarter that ended in Jun. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jun. 2026 )  (Q: Mar. 2026 )(Q: Jun. 2026 )
=876.372/( (2503.59+2890.956)/ 2 )
=876.372/2697.273
=32.49 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jun. 2026) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 32.49% mean?
Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN) has a Return-on-Tangible-Equity of 32.49% as of Jun. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Kartonsan Kartonnayi ve Ticaret AS and its competitors. This is 103% above median its historical median of 15.99. According to the industry distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #371 out of 394 companies in the Packaging & Containers industry, placing it in the top 94.2%.
Is Kartonsan Kartonnayi ve Ticaret AS's Return-on-Tangible-Equity too high?
Kartonsan Kartonnayi ve Ticaret AS's current Return-on-Tangible-Equity of 32.49% is 103% above median its 10-year median of 15.99. The Packaging & Containers industry median Return-on-Tangible-Equity is 5.94. Kartonsan Kartonnayi ve Ticaret AS's value of 32.49% is 447% above this industry median. Based on the distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #371 out of 394 companies in the Packaging & Containers industry, which is in the bottom quartile relative to peers. Overall, Kartonsan Kartonnayi ve Ticaret AS has a GF Score™ of 48/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kartonsan Kartonnayi ve Ticaret AS's Return-on-Tangible-Equity compare to SW and PKG?
According to the Packaging & Containers industry distribution chart, Kartonsan Kartonnayi ve Ticaret AS ranks #371 out of 394 companies for Return-on-Tangible-Equity. This places Kartonsan Kartonnayi ve Ticaret AS in the lower half of its industry. The industry median Return-on-Tangible-Equity is 5.94. Kartonsan Kartonnayi ve Ticaret AS's value of 32.49% is 447% above this benchmark. While the company's 10-year median is 15.99 vs. the industry median of 5.94, Kartonsan Kartonnayi ve Ticaret AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for a Packaging & Containers company?
The median Return-on-Tangible-Equity among Packaging & Containers companies is 5.94, based on 394 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Kartonsan Kartonnayi ve Ticaret AS's current Return-on-Tangible-Equity of 32.49% is 447% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Kartonsan Kartonnayi ve Ticaret AS and its competitors. For the Packaging & Containers industry, the median Return-on-Tangible-Equity is 5.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kartonsan Kartonnayi ve Ticaret AS's current Return-on-Tangible-Equity is 32.49%, which is 103% above median its own 10-year median of 15.99. 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 ₺70.16, compared to a current price of ₺184.50 — trading 163% above its estimated fair value. The current Return-on-Tangible-Equity is 32.49%, which is 103% above median its 10-year median of 15.99 and 447% above the Packaging & Containers industry median of 5.94. Kartonsan Kartonnayi ve Ticaret AS's overall GF Score™ is 48/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Kartonsan Kartonnayi ve Ticaret AS (IST:KARTN), the current Return-on-Tangible-Equity is 32.49% as of Jun. 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 ₺184.50 is trading 163% above its estimated GF Value™ of ₺70.16. GuruFocus considers Kartonsan Kartonnayi ve Ticaret AS to be Significantly Overvalued.

Key valuation signals for IST:KARTN:

  • Return-on-Tangible-Equity: 32.49% (103% above median its 10-year median of 15.99)
  • GF Value™: ₺70.16 vs. price of ₺184.50 (163% above fair value)
  • GF Score™: 48/100 with 5 warning signs
  • Industry Position: 447% above the Packaging & Containers median (#371 of 394)

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.
48GF Score

Get the complete analysis for IST:KARTN

Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺184.50
Price
₺70.16
GF Value