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Turkish (BIST) Real Estate Sector Analysis

UpdatedDec 01, 2021
DataAggregated Company Financials
Companies37
  • 7D-0.9%
  • 3M16.4%
  • 1Y-0.6%
  • YTD-0.2%

Over the last 7 days, the Real Estate industry has remained flat, although notably Akfen Gayrimenkul Yatirim Ortakligi gained 25%. Furthermore, the industry has been flat for the past year as well.

Sector Valuation and Performance

Has the Turkish Real Estate Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPE
Wed, 01 Dec 2021₺79.8b₺16.4b₺8.4b13.1x
Fri, 29 Oct 2021₺70.3b₺16.5b₺6.7b14.7x
Sun, 26 Sep 2021₺63.4b₺16.4b₺6.7b14.8x
Tue, 24 Aug 2021₺65.9b₺16.4b₺6.7b15.2x
Wed, 30 Jun 2021₺55.7b₺16.4b₺6.7b10.6x
Sat, 03 Apr 2021₺58.4b₺13.9b₺4.9b15.1x
Tue, 05 Jan 2021₺55.3b₺13.6b₺3.1b18.2x
Fri, 09 Oct 2020₺43.1b₺12.5b₺3.0b11.3x
Thu, 02 Jul 2020₺36.7b₺10.4b₺3.8b11.4x
Sun, 05 Apr 2020₺23.3b₺14.0b₺4.5b5.7x
Wed, 08 Jan 2020₺28.1b₺14.0b₺4.6b6.1x
Tue, 01 Oct 2019₺20.0b₺10.3b₺6.1b5.4x
Fri, 05 Jul 2019₺16.6b₺9.5b₺4.4b4.9x
Mon, 08 Apr 2019₺18.7b₺9.1b₺4.3b4.9x
Thu, 10 Jan 2019₺18.3b₺10.2b₺5.2b4.6x
PE Ratio

5.4x

Total Market Cap: ₺20.0bTotal Earnings: ₺3.5bTotal Revenue: ₺9.8b0%0%0%3 Year10 Year
201920202021

Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 9.9x. It appears they believe that earnings will grow in-line with historical growth rates.

Past Earnings Growth: The earnings for companies in the Real Estate industry have grown 34% per year over the last three years, and revenues for these companies have grown 19% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Turkish Real Estate sector?

REITS0.90%
Real Estate-12.10%

Industry PE: Investors are most optimistic about the Real Estate industry which is trading above its 3-year average PE ratio of 26.3x. It looks like they are confident that earnings will grow faster in the future than they have historically. Meanwhile, investors are most pessimistic about the REITS industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 8.4x.

Forecasted Growth: Analysts are most optimistic on the REITS industry, expecting annual earnings growth of 10% over the next 5 years. However this is lower than its past earnings growth rate of 16% per year.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

Company7D1YValuation
AKFGY Akfen Gayrimenkul Yatirim Ortakligi24.7%+₺1.1b53.0%PB2.8x
SRVGY Servet Gayrimenkul Yatirim Ortakligi7.6%+₺358.9m65.2%PB4.9x
ZRGYO Ziraat Gayrimenkul Yatirim Ortakligi3.0%+₺328.6mn/aPB1.6x
EKGYO Emlak Konut Gayrimenkul Yatirim Ortakligi3.2%+₺266.0m5.1%PB0.6x
ISGYO Is Gayrimenkul Yatirim Ortakligi Anonim Sirketi7.8%+₺182.2m22.9%PB0.6x
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