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Turkish (BIST) Hotel and Resort REITs Industry Analysis

UpdatedApr 17, 2024
DataAggregated Company Financials
  • 7D-1.3%
  • 3M1.9%
  • 1Y-18.9%
  • YTDn/a

Over the last 7 days, the Hotel and Resort REITs industry has dropped 1.3%, driven by a pullback from Kizilbük Gayrimenkul Yatirim Ortakligi of 5.9%. On the other hand Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi Anonim Sirketi is actually up 6.4%. The industry has fallen 19% in the last year.

Industry Valuation and Performance

Has the Turkish Hotel and Resort REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 17 Apr 2024₺29.4b₺1.7b₺10.0b2.2x3x17.1x
Fri, 15 Mar 2024₺31.7b₺1.6b₺11.7b2.5x2.7x20.3x
Sun, 11 Feb 2024₺34.7b₺1.6b₺11.7b2.5x3x22.3x
Tue, 09 Jan 2024₺18.9b₺1.6b₺11.3b1.8x1.7x12.2x
Thu, 07 Dec 2023₺19.4b₺1.6b₺11.3b1.7x1.7x12.5x
Sat, 04 Nov 2023₺13.7b₺980.0m₺8.9b1.7x1.5x14x
Mon, 02 Oct 2023₺15.9b₺980.0m₺8.9b2.1x1.8x16.2x
Wed, 30 Aug 2023₺14.7b₺980.0m₺8.9b1.9x1.7x15x
Fri, 28 Jul 2023₺15.1b₺776.6m₺7.6b1.9x2x19.4x
Sun, 25 Jun 2023₺12.2b₺776.6m₺7.6b1.7x1.6x15.8x
Tue, 23 May 2023₺10.4b₺777.9m₺7.5b1.4x1.4x13.4x
Thu, 20 Apr 2023₺11.8b₺719.3m₺7.6b1.5x1.6x16.5x
Sat, 18 Mar 2023₺13.9b₺719.3m₺7.6b1.7x1.8x19.3x
Mon, 13 Feb 2023₺12.1b₺459.7m₺7.9b1.3x1.5x26.3x
Wed, 11 Jan 2023₺15.5b₺456.9m₺3.5b7.1x4.5x33.9x
Fri, 09 Dec 2022₺15.2b₺456.9m₺3.5b6.5x4.4x33.3x
Sun, 06 Nov 2022₺13.9b₺323.2m₺3.5b3.7x4x43x
Tue, 04 Oct 2022₺10.9b₺323.2m₺3.5b2.8x3.1x33.9x
Thu, 01 Sep 2022₺14.9b₺323.2m₺3.5b2.3x4.3x46.1x
Sat, 30 Jul 2022₺25.2b₺244.7m₺2.2b2.3x11.4x103x
Mon, 27 Jun 2022₺3.5b₺263.8m₺2.0b16.8x1.7x13.2x
Wed, 25 May 2022₺4.2b₺263.8m₺2.0b13.1x2.1x15.8x
Fri, 22 Apr 2022₺4.0b₺221.8m₺2.1b10.3x1.9x18x
Sun, 20 Mar 2022₺3.6b₺221.8m₺2.1b9.1x1.7x16.3x
Tue, 15 Feb 2022₺5.7b₺221.8m₺2.1b9.8x2.7x25.6x
Thu, 13 Jan 2022₺10.6b₺175.7m₺347.6m20.4x30.6x60.5x
Sat, 11 Dec 2021₺6.4b₺175.7m₺347.6m13.3x18.4x36.3x
Mon, 08 Nov 2021₺2.2b₺170.9m₺307.9m10.9x7.1x12.7x
Wed, 06 Oct 2021₺2.0b₺125.8m₺40.4m49.1x48.7x15.7x
Fri, 03 Sep 2021₺1.5b₺125.8m₺40.4m36.9x36.8x11.8x
Sun, 01 Aug 2021₺1.7b₺125.8m₺40.4m43x42.7x13.7x
Wed, 05 May 2021₺1.6b₺95.8m-₺42,941,267.0022.4x-36.3x16.3x
Price to Earnings Ratio


Total Market Cap: ₺1.6bTotal Earnings: -₺42,941,267.00Total Revenue: ₺95.8mTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Hotel and Resort REITs Industry Price to Earnings3Y Average 6.4x202220232024
Current Industry PE
  • Investors are pessimistic on the Turkish Hotel and Resort REITs 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 3.0x which is lower than its 3-year average PE of 6.4x.
  • The 3-year average PS ratio of 24.6x is higher than the industry's current PS ratio of 17.1x.
Past Earnings Growth
  • Total earnings for the Hotel and Resort REITs industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 162% per year.
  • This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.

Industry Comparison

How does Turkish Hotel and Resort REITs compare with similar industries?

TR Market-3.23%
Real Estate0.33%
Hotel and Resort REITs-1.32%
Industrial REITs17.73%
Retail REITs2.98%
Specialized REITs0%
Healthcare REITs0%
Diversified REITs-1.12%
Residential REITs-2.22%
Office REITs-3.92%
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?

CompanyLast Price7D1YValuation
SURGY Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi Anonim Sirketi₺45.544.4%
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Latest News



Kizilbük Gayrimenkul Yatirim Ortakligi







Akfen Gayrimenkul Yatirim Ortakligi







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