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Turkish (BIST) Real Estate Industry Analysis

UpdatedJun 16, 2024
DataAggregated Company Financials
Companies8
  • 7D0.5%
  • 3M-1.4%
  • 1Y172.3%
  • YTD24.7%

Last week, the Real Estate industry hasn't moved much but Ronesans Gayrimenkul Yatirim is up 6.2% in that time. As for the the longer term, the industry is up 172% over the past 12 months.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 16 Jun 2024₺108.6b₺15.9b₺22.9b10.8x4.7x6.8x
Tue, 14 May 2024₺108.5b₺14.2b₺17.0b8.7x6.4x7.6x
Thu, 11 Apr 2024₺62.9b₺8.0b₺1.8b10.3x35.9x7.9x
Sat, 09 Mar 2024₺70.3b₺7.0b₺3.5b15.7x20.4x10x
Mon, 05 Feb 2024₺61.3b₺7.0b₺4.8b12.7x12.6x8.7x
Wed, 03 Jan 2024₺59.1b₺10.1b₺10.9b7.7x5.4x5.9x
Fri, 01 Dec 2023₺45.2b₺7.0b₺3.5b16x13.1x6.4x
Sun, 29 Oct 2023₺64.4b₺6.0b₺7.7b9.7x8.4x10.7x
Tue, 26 Sep 2023₺60.2b₺6.6b₺7.6b6.8x8x9.1x
Thu, 24 Aug 2023₺48.4b₺5.8b₺5.2b9x9.3x8.4x
Sat, 22 Jul 2023₺32.0b₺5.3b₺4.1b5.6x7.8x6x
Mon, 19 Jun 2023₺71.8b₺4.9b₺3.9b7.1x18.3x14.7x
Wed, 17 May 2023₺16.9b₺541.0m₺2.2b2.6x7.5x31.2x
Fri, 14 Apr 2023₺15.9b₺477.9m₺2.4b4.3x6.6x33.4x
Sun, 12 Mar 2023₺203.7b₺445.8m₺2.2b11.1x94.5x457x
Tue, 07 Feb 2023₺19.3b₺439.6m₺1.9b8.8x9.9x43.9x
Thu, 05 Jan 2023₺24.6b₺336.3m₺1.9b12.9x13x73x
Sat, 03 Dec 2022₺25.5b₺336.3m₺1.9b11.5x13.5x75.7x
Mon, 31 Oct 2022₺19.3b₺182.0m₺620.7m15.7x31.1x106.2x
Wed, 28 Sep 2022₺13.7b₺186.3m₺619.4m12.5x22.2x73.7x
Fri, 26 Aug 2022₺15.3b₺126.7m₺615.5m17.3x24.8x120.5x
Sun, 24 Jul 2022₺13.7b₺120.3m₺542.2m17.2x25.3x114.1x
Tue, 21 Jun 2022₺31.3b₺120.3m₺542.2m15x57.8x260.4x
Thu, 19 May 2022₺30.2b₺120.3m₺542.2m12x55.7x251.1x
Sat, 16 Apr 2022₺24.9b₺102.4m₺529.5m11.3x47.1x243.3x
Mon, 14 Mar 2022₺18.9b₺102.4m₺529.5m9.6x35.6x184.2x
Wed, 09 Feb 2022₺14.4b₺46.9m₺164.6m48.9x87.5x307x
Fri, 07 Jan 2022₺10.2b₺46.9m₺164.6mn/a61.7x216.4x
Sun, 05 Dec 2021₺10.2b₺46.9m₺164.6m34.3x62.2x218.2x
Tue, 02 Nov 2021₺10.6b₺29.4m₺170.1m33.5x62.5x361.6x
Thu, 30 Sep 2021₺9.4b₺29.2m₺170.6m33.6x55.3x323.7x
Sat, 28 Aug 2021₺8.6b₺29.2m₺170.6m33.3x50.5x295.6x
Sun, 04 Jul 2021₺2.6b₺29.2m₺170.6m29.8x15.3x89.3x
Price to Earnings Ratio

15.3x


Total Market Cap: ₺2.6bTotal Earnings: ₺170.6mTotal Revenue: ₺29.2mTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Real Estate Industry Price to Earnings3Y Average 31.6x202220232024
Current Industry PE
  • Investors are pessimistic on the Turkish Real Estate industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 4.7x which is lower than its 3-year average PE of 31.6x.
  • The 3-year average PS ratio of 133x is higher than the industry's current PS ratio of 6.8x.
Past Earnings Growth
  • The earnings for companies in the Real Estate industry have grown 412% per year over the last three years.
  • Revenues for these companies have grown 716% 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 industry?

TR Market3.29%
Real Estate1.32%
Real Estate0.46%
Diversified Real Estate2.56%
Real Estate Operating Companies2.33%
Real Estate Services0.50%
Real Estate Development-0.13%
Industry PE
  • Investors are most optimistic about the Real Estate Operating Companies industry which is trading above its 3-year average PE ratio of 69.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
RGYAS Ronesans Gayrimenkul Yatirim₺131.106.2%
+₺2.5b
n/aPE2.3x
UFUK UFUK Yatirim Yonetim ve Gayrimenkul₺440.002.3%
+₺468.5m
591.8%PE103.3x
TURGG Türker Proje Gayrimenkul ve Yatirim Gelistirme₺597.503.0%
+₺124.6m
190.2%PE28x
MIPAZ Milpa Ticari ve Sinai Ürünler Pazarlama Sanayi ve Ticaret₺80.400.5%
+₺83.2m
713.8%PB9.7x
EDIP Edip Gayrimenkul Yatirim Sanayi ve Ticaret₺25.642.6%
+₺41.6m
233.9%PE1x
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Latest News

DAPGM

₺32.48

DAP Gayrimenkul Gelistirme

7D

-10.8%

1Y

5.9%

EDIP

₺25.64

Edip Gayrimenkul Yatirim Sanayi ve Ticaret

7D

2.6%

1Y

233.9%

RGYAS

₺131.10

Ronesans Gayrimenkul Yatirim

7D

6.2%

1Y

n/a

UFUK

₺440.00

UFUK Yatirim Yonetim ve Gayrimenkul

7D

2.3%

1Y

591.8%

KUYAS

₺48.40

Kuyas Yatirim

7D

-1.4%

1Y

37.1%