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Turkish (BIST) Residential REITs Industry Analysis

UpdatedMay 24, 2024
DataAggregated Company Financials
Companies6
  • 7D2.7%
  • 3M-17.4%
  • 1Y50.7%
  • YTDn/a

The Residential REITs industry is up 2.7% in the last week, with Emlak Konut Gayrimenkul Yatirim Ortakligi up 2.1%. This means that the industry has gained 51% over the past year. As for the next few years, earnings are expected to grow by 94% per annum.

Industry Valuation and Performance

Has the Turkish Residential REITs Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 25 May 2024₺53.6b₺30.8b-₺2,123,460,718.008.2x-25.2x1.7x
Mon, 22 Apr 2024₺52.7b₺31.0b₺3.3b6.6x16.1x1.7x
Wed, 20 Mar 2024₺59.3b₺17.1b₺12.0b6.9x4.9x3.5x
Fri, 16 Feb 2024₺59.2b₺17.1b₺12.0b7.8x4.9x3.5x
Sun, 14 Jan 2024₺46.6b₺17.1b₺12.0b6.2x3.9x2.7x
Tue, 12 Dec 2023₺44.7b₺17.1b₺12.0b6.2x3.7x2.6x
Thu, 09 Nov 2023₺44.3b₺15.8b₺10.0b6.3x4.4x2.8x
Sat, 07 Oct 2023₺41.0b₺15.0b₺8.8b6.4x4.7x2.7x
Mon, 04 Sep 2023₺41.2b₺15.0b₺8.8b6.7x4.7x2.7x
Wed, 02 Aug 2023₺39.7b₺11.3b₺8.0b6.2x4.9x3.5x
Fri, 30 Jun 2023₺33.9b₺11.3b₺8.0b4.7x4.2x3x
Sun, 28 May 2023₺32.1b₺11.3b₺8.0b3.6x4x2.8x
Tue, 25 Apr 2023₺31.8b₺9.5b₺8.3b4.4x3.8x3.4x
Thu, 23 Mar 2023₺33.4b₺9.5b₺8.3b4.4x4x3.5x
Sat, 18 Feb 2023₺33.9b₺8.2b₺7.7b8.5x4.4x4.1x
Mon, 16 Jan 2023₺43.6b₺9.1b₺6.9b12.5x6.3x4.8x
Wed, 14 Dec 2022₺44.8b₺9.1b₺6.9b12.5x6.5x4.9x
Fri, 11 Nov 2022₺33.9b₺8.9b₺8.3b8.5x4.1x3.8x
Sun, 09 Oct 2022₺27.7b₺10.1b₺8.0b7.6x3.5x2.8x
Tue, 06 Sep 2022₺28.5b₺10.1b₺8.0b7.1x3.5x2.8x
Thu, 04 Aug 2022₺23.2b₺9.8b₺4.6b8x5x2.4x
Sat, 02 Jul 2022₺22.6b₺9.8b₺4.6b7.1x4.9x2.3x
Mon, 30 May 2022₺20.2b₺9.8b₺4.6b7.3x4.4x2.1x
Wed, 27 Apr 2022₺19.4b₺9.0b₺4.9b8x3.9x2.2x
Fri, 25 Mar 2022₺16.3b₺9.0b₺4.9b6.4x3.3x1.8x
Sun, 20 Feb 2022₺16.1b₺8.5b₺3.7b6.6x4.4x1.9x
Tue, 18 Jan 2022₺15.7b₺8.8b₺3.6b7.5x4.3x1.8x
Thu, 16 Dec 2021₺16.1b₺8.8b₺3.6b7.9x4.4x1.8x
Sat, 13 Nov 2021₺13.8b₺8.8b₺3.6b7.2x3.8x1.6x
Mon, 11 Oct 2021₺12.2b₺9.4b₺3.4b6.2x3.6x1.3x
Wed, 08 Sep 2021₺12.5b₺9.4b₺3.4b6.2x3.6x1.3x
Fri, 06 Aug 2021₺12.8b₺9.4b₺3.4b6.2x3.7x1.4x
Price to Earnings Ratio

5.1x


Total Market Cap: ₺13.4bTotal Earnings: ₺2.6bTotal Revenue: ₺7.7bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Residential REITs Industry Price to Earnings3Y Average 4.7x202220232024
Current Industry PE
  • Investors are pessimistic on the Turkish Residential REITs industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.7x.
Past Earnings Growth
  • Total earnings for the Residential REITs industry have declined over the last three years, with the industry now making a loss overall.
  • Meanwhile revenues have grown 59% 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 Comparison

How does Turkish Residential REITs compare with similar industries?

TR Market1.89%
Real Estate0.51%
REITS0.33%
Residential REITs2.75%
Industrial REITs9.42%
Retail REITs5.24%
Diversified REITs0.33%
Specialized REITs0%
Healthcare REITs0%
Hotel and Resort REITs-0.53%
Office REITs-4.64%
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
ADGYO Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi₺30.266.0%
+₺505.2m
n/aPB1.8x
EKGYO Emlak Konut Gayrimenkul Yatirim Ortakligi₺8.880.2%
+₺76.0m
26.1%PB0.6x
SNGYO Sinpas Gayrimenkul Yatirim Ortakligi₺5.030.6%
+₺42.4m
120.6%PB0.3x
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Latest News

ADGYO

₺30.26

Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi

7D

6.0%

1Y

n/a

TDGYO

₺12.51

Trend Gayrimenkul Yatirim Ortakligi

7D

-4.6%

1Y

224.1%

EKGYO

₺8.88

Emlak Konut Gayrimenkul Yatirim Ortakligi

7D

0.2%

1Y

26.1%

IDGYO

₺6.97

Idealist Gayrimenkul Yatirim Ortakligi

7D

-4.0%

1Y

130.8%

EYGYO

₺9.82

Eyg Gayrimenkul Yatirim Ortakligi

7D

-2.5%

1Y

13.9%