Sanica Isinayi AS (IST:SNICA) Tax Rate %: -9.21% (As of Mar. 2026)

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:SNICA Sanica Isi Sanayi AS IST:SNICA
76 GF Score
Price ₺3.91
GF Value ₺5.65
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Sanica Isinayi AS Tax Rate %?

Sanica Isinayi AS IST:SNICA -2.25% 76 Tax Rate % is -9.21% as of Mar. 2026. GuruFocus rates IST:SNICA with a GF Score™ of 76/100 and a GF Value™ of ₺5.65 (Possible Value Trap). The stock has 7 warning signs investors should review.

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Sanica Isinayi AS's Tax Expense for the three months ended in Mar. 2026 was ₺29 Mil. Sanica Isinayi AS's Pre-Tax Income for the three months ended in Mar. 2026 was ₺-312 Mil. Therefore, Sanica Isinayi AS's Tax Rate % for the quarter that ended in Mar. 2026 was -9.21%.

Sanica Isinayi AS Tax Rate % Related Terms

Sanica Isinayi AS Tax Rate % Historical Data

* Premium members only.

The historical data trend for Sanica Isinayi 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.

Sanica Isinayi AS Tax Rate % Chart

Sanica Isinayi AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Tax Rate %
Get a 7-Day Free Trial 12.32 5.59 -13.76 14.80 -12.01

Sanica Isinayi AS Quarterly Data
Dec19 Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Rate % 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 -3.09 -64.28 -138.20 11.35 -9.21
IST:SNICA
76GF Score
Sanica Isi Sanayi AS IST:SNICA
Tax Rate % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Sanica Isinayi AS Tax Rate % Calculation

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

Sanica Isinayi AS's Tax Rate % for the fiscal year that ended in Dec. 2025 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2025 )/Pre-Tax Income (A: Dec. 2025 )
=92.18/-767.714
=-12.01 %

Sanica Isinayi AS's Tax Rate % for the quarter that ended in Mar. 2026 is calculated as

Tax Rate %=Tax Expense (Q: Mar. 2026 )/Pre-Tax Income (Q: Mar. 2026 )
=28.718/-311.735
=-9.21 %

* 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 -9.21% mean?
Sanica Isinayi AS (IST:SNICA) has a Tax Rate % of -9.21% as of Mar. 2026.
Is Sanica Isinayi AS's Tax Rate % too high?
Sanica Isinayi AS's current Tax Rate % is -9.21%. Overall, Sanica Isinayi AS has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Sanica Isinayi AS's Tax Rate % compare to SN and SGI?
Sanica Isinayi AS's Tax Rate % of -9.21% can be compared against companies in the Furnishings, Fixtures & Appliances 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 Furnishings, Fixtures & Appliances company?
A good Tax Rate % depends on the Furnishings, Fixtures & Appliances 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. Sanica Isinayi AS's current Tax Rate % is -9.21%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sanica Isinayi AS stock overvalued right now?
Based on GuruFocus' analysis, Sanica Isinayi AS (IST:SNICA) is currently considered Possible Value Trap. The stock's GF Value™ is ₺5.65, compared to a current price of ₺3.91 — trading 30.8% below its estimated fair value. The current Tax Rate % is -9.21%. Sanica Isinayi AS's overall GF Score™ is 76/100 with 7 warning signs to review. 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 Sanica Isinayi AS (IST:SNICA), the current Tax Rate % is -9.21% 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 Sanica Isinayi AS (IST:SNICA) Overvalued in 2026?

Based on GuruFocus' analysis, Sanica Isinayi AS stock appears to be undervalued. The current stock price of ₺3.91 is trading 30.8% below its estimated GF Value™ of ₺5.65. GuruFocus considers Sanica Isinayi AS to be Possible Value Trap.

Key valuation signals for IST:SNICA:

  • Tax Rate %: -9.21%
  • GF Value™: ₺5.65 vs. price of ₺3.91 (30.8% below fair value)
  • GF Score™: 76/100 with 7 warning signs

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

Sanica Isinayi AS Business Description

Address Kavakli Mah Istanbul Cad. No: 10, Istanbul, TUR, 34520
Sanica Isi Sanayi AS engages in manufacturing fabricated metal products, machinery electrical equipment, and transportation vehicles. It is a manufacturer of acrylic bathtubs and also produces bathrooms, spas, heat, plumbing, glass, and infrastructure. It offers electric housewares, acrylic bathtubs, boilers, panel radiators, and towel warmers.
76GF Score

Get the complete analysis for IST:SNICA

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

₺3.91
Price
₺5.65
GF Value