Turkish (BIST) Hotel and Resort REITs Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies5
- 7D8.7%
- 3M4.5%
- 1Y-11.8%
- YTD24.8%
The Hotel and Resort REITs industry is up 3.8% in the last week, with Kuzugrup Gayrimenkul Yatirim Ortakligi up 18%. However, the industry is down 18% over the past year.
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 |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ₺31.2b | ₺1.8b | ₺6.6b | 5.7x | 4.7x | 17.2x |
| Sun, 24 Mar 2024 | ₺28.7b | ₺1.6b | ₺11.7b | 2.2x | 2.5x | 18.4x |
| Tue, 20 Feb 2024 | ₺33.5b | ₺1.6b | ₺11.7b | 2.7x | 2.9x | 21.5x |
| Thu, 18 Jan 2024 | ₺20.8b | ₺1.6b | ₺11.3b | 2x | 1.8x | 13.4x |
| Sat, 16 Dec 2023 | ₺16.7b | ₺1.6b | ₺11.3b | 1.6x | 1.5x | 10.8x |
| Mon, 13 Nov 2023 | ₺14.1b | ₺1.0b | ₺8.6b | 1.8x | 1.6x | 13.9x |
| Wed, 11 Oct 2023 | ₺16.3b | ₺980.0m | ₺8.9b | 2x | 1.8x | 16.6x |
| Fri, 08 Sep 2023 | ₺15.6b | ₺980.0m | ₺8.9b | 1.9x | 1.8x | 15.9x |
| Sun, 06 Aug 2023 | ₺16.0b | ₺786.8m | ₺7.6b | 2x | 2.1x | 20.3x |
| Tue, 04 Jul 2023 | ₺13.3b | ₺776.6m | ₺7.6b | 1.8x | 1.7x | 17.1x |
| Thu, 01 Jun 2023 | ₺11.7b | ₺775.0m | ₺7.5b | 1.5x | 1.6x | 15.1x |
| Sat, 29 Apr 2023 | ₺11.0b | ₺719.3m | ₺7.6b | 1.5x | 1.4x | 15.2x |
Price to Earnings Ratio
1.7x
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 4.6x which is higher than its 3-year average PE of 1.9x.
- The industry is trading close to its 3-year average PS ratio of 16.0x.
Past Earnings Growth
- The earnings for companies in the Hotel and Resort REITs industry have declined 4.7% per year over the last three years.
- Meanwhile revenues for these companies have grown 35% 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 | 3.75% | |
| Real Estate | 4.89% | |
| Hotel and Resort REITs | 8.75% | |
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 | |
|---|---|---|---|---|---|
| KZBGY Kizilbük Gayrimenkul Yatirim Ortakligi | ₺23.72 | 14.6% +₺906.0m | 33.7% | PB1.4x | |
| MRGYO Marti Gayrimenkul Yatirim Ortakligi | ₺6.25 | 34.1% +₺598.2m | 78.6% | PB0.4x | |
| KZGYO Kuzugrup Gayrimenkul Yatirim Ortakligi | ₺25.12 | 8.3% +₺384.0m | n/a | PB0.6x | |
| SURGY Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi Anonim Sirketi | ₺47.36 | 4.6% +₺348.4m | n/a | PB2.9x | |
| AKFGY Akfen Gayrimenkul Yatirim Ortakligi | ₺2.25 | 3.2% +₺273.0m | -37.5% | PB0.6x |