Turkish (BIST) Hotel and Resort REITs Industry Analysis
UpdatedMay 19, 2024
DataAggregated Company Financials
Companies5
- 7D0.5%
- 3M-2.9%
- 1Y3.2%
- YTD30.0%
The Hotel and Resort REITs is pretty flat in the last 7 days, but Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi Anonim Sirketi has stood out, gaining 3.4%. The past year has been better, since the industry has gained 3.2% in that time.
Industry Valuation and Performance
Has the Turkish Hotel and Resort REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sun, 19 May 2024 | ₺32.5b | ₺1.8b | ₺6.1b | 9.5x | 5.3x | 17.9x |
| Tue, 16 Apr 2024 | ₺29.4b | ₺1.7b | ₺10.0b | 2.2x | 3x | 17.1x |
| Thu, 14 Mar 2024 | ₺31.9b | ₺1.6b | ₺11.7b | 2.6x | 2.7x | 20.5x |
| Sat, 10 Feb 2024 | ₺34.7b | ₺1.6b | ₺11.7b | 2.5x | 3x | 22.3x |
| Mon, 08 Jan 2024 | ₺18.5b | ₺1.6b | ₺11.3b | 1.8x | 1.6x | 12x |
| Wed, 06 Dec 2023 | ₺20.3b | ₺1.6b | ₺11.3b | 1.7x | 1.8x | 13.1x |
| Fri, 03 Nov 2023 | ₺13.2b | ₺980.0m | ₺8.9b | 1.6x | 1.5x | 13.4x |
| Sun, 01 Oct 2023 | ₺15.9b | ₺980.0m | ₺8.9b | 2.1x | 1.8x | 16.2x |
| Tue, 29 Aug 2023 | ₺14.9b | ₺980.0m | ₺8.9b | 1.9x | 1.7x | 15.2x |
| Thu, 27 Jul 2023 | ₺15.0b | ₺776.6m | ₺7.6b | 1.9x | 2x | 19.3x |
| Sat, 24 Jun 2023 | ₺12.2b | ₺776.6m | ₺7.6b | 1.7x | 1.6x | 15.8x |
| Mon, 22 May 2023 | ₺10.4b | ₺777.9m | ₺7.5b | 1.4x | 1.4x | 13.4x |
| Wed, 19 Apr 2023 | ₺11.7b | ₺719.3m | ₺7.6b | 1.5x | 1.5x | 16.3x |
Price to Earnings Ratio
1.6x
Current Industry PE
- Investors are optimistic on the Turkish Hotel and Resort REITs industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 5.3x which is higher than its 3-year average PE of 2.1x.
- The 3-year average PS ratio of 16.1x is lower than the industry's current PS ratio of 17.9x.
Past Earnings Growth
- The earnings for companies in the Hotel and Resort REITs industry have declined 7.0% per year over the last three years.
- Meanwhile revenues for these companies have grown 36% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Turkish Real Estate industry?
| TR Market | 1.88% | |
| Real Estate | -0.027% | |
| Hotel and Resort REITs | 0.55% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| SURGY Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi Anonim Sirketi | ₺51.40 | 3.4% +₺281.4m | n/a | PB1.8x | |
| AKFGY Akfen Gayrimenkul Yatirim Ortakligi | ₺2.42 | 2.5% +₺234.0m | -25.1% | PB0.6x |