Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) Tax Rate %: 19.43% (As of Dec. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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:KOTON Koton Magazacilik Tekstil Sanayi Ve Ticaret AS IST:KOTON
20 GF Score
Price ₺12.69
View Full Analysis

What is Koton Magazacilik Tekstilnayi Ve Ticaret AS Tax Rate %?

Koton Magazacilik Tekstilnayi Ve Ticaret AS IST:KOTON +1.20% 20 Tax Rate % is 19.43% as of Dec. 2023. GuruFocus rates IST:KOTON with a GF Score™ of 20/100.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Koton Magazacilik Tekstilnayi Ve Ticaret AS's Tax Expense for the six months ended in Dec. 2023 was ₺435 Mil. Koton Magazacilik Tekstilnayi Ve Ticaret AS's Pre-Tax Income for the six months ended in Dec. 2023 was ₺2,240 Mil. Therefore, Koton Magazacilik Tekstilnayi Ve Ticaret AS's Tax Rate % for the quarter that ended in Dec. 2023 was 19.43%.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Tax Rate % Related Terms

Koton Magazacilik Tekstilnayi Ve Ticaret AS Tax Rate % Historical Data

* Premium members only.

The historical data trend for Koton Magazacilik Tekstilnayi Ve Ticaret AS's Tax Rate % 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.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Tax Rate % Chart

Koton Magazacilik Tekstilnayi Ve Ticaret AS Annual Data
Trend Dec21 Dec22 Dec23
Tax Rate %
-28.21 19.56 19.43

Koton Magazacilik Tekstilnayi Ve Ticaret AS Semi-Annual Data
Dec21 Dec22 Dec23
Tax Rate % -28.21 19.56 19.43
IST:KOTON
20GF Score
Koton Magazacilik Tekstil Sanayi Ve Ticaret AS IST:KOTON
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Koton Magazacilik Tekstilnayi Ve Ticaret AS Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Koton Magazacilik Tekstilnayi Ve Ticaret AS's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=435.28/2239.855
=19.43 %

Koton Magazacilik Tekstilnayi Ve Ticaret AS's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=435.28/2239.855
=19.43 %

* 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 Tax Rate % →
What does a Tax Rate % of 19.43% mean?
Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) has a Tax Rate % of 19.43% as of Dec. 2023.
Is Koton Magazacilik Tekstilnayi Ve Ticaret AS's Tax Rate % too high?
Koton Magazacilik Tekstilnayi Ve Ticaret AS's current Tax Rate % is 19.43%. Overall, Koton Magazacilik Tekstilnayi Ve Ticaret AS has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Koton Magazacilik Tekstilnayi Ve Ticaret AS's Tax Rate % compare to RL and LEVI?
Koton Magazacilik Tekstilnayi Ve Ticaret AS's Tax Rate % of 19.43% can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Rate % for a Manufacturing - Apparel & Accessories company?
A good Tax Rate % depends on the Manufacturing - Apparel & Accessories industry context. However, Tax Rate % 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 Tax Rate % mean?
A high Tax Rate % can signal that a stock is expensive relative to its fundamentals. Koton Magazacilik Tekstilnayi Ve Ticaret AS's current Tax Rate % is 19.43%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koton Magazacilik Tekstilnayi Ve Ticaret AS stock overvalued right now?
Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON) has a current Tax Rate % of 19.43%. The current Tax Rate % is 19.43%. Koton Magazacilik Tekstilnayi Ve Ticaret AS's overall GF Score™ is 20/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Rate % calculated?
Tax Rate % is calculated from a company's financial statements. For Koton Magazacilik Tekstilnayi Ve Ticaret AS (IST:KOTON), the current Tax Rate % is 19.43% as of Dec. 2023. 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.

Koton Magazacilik Tekstilnayi Ve Ticaret AS Business Description

Address Ayazaga Street, No:3, Ic Kapi No:5, Ayazaga District, Istanbul, TUR
Koton Magazacilik Tekstil Sanayi Ve Ticaret AS is a Fashion company that has grown into a regional retail ready-to-wear company that designs and sells Koton branded products in four continents. Its field of activity is to design and produce all kinds of textile and accessory products and to sell stores (retail sales) operated by itself or by Franchisees at home and abroad, through its website koton.com and the Company's mobile application. e-commerce channel, including local and international online marketplaces.
20GF Score

Get the complete analysis for IST:KOTON

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

₺12.69
Price