Turkish (BIST) Residential REITs Industry Analysis
UpdatedMay 22, 2022
DataAggregated Company Financials
Companies5
- 7D-2.4%
- 3M16.3%
- 1Y30.8%
- YTD28.0%
Over the last 7 days, the Residential REITs industry has dropped 2.4%, driven by a pullback from Emlak Konut Gayrimenkul Yatirim Ortakligi of 2.2%. In contrast, Trend Gayrimenkul Yatirim Ortakligi has gained 9.8%. This takes the industry's 12 month performance to a gain of 31%. In the next few years, earnings are forecast to decline by 9.2% annually.
Industry Valuation and Performance
Has the Turkish Residential REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sun, 22 May 2022 | ₺20.2b | ₺9.8b | ₺4.6b | 7.2x |
| Tue, 19 Apr 2022 | ₺20.7b | ₺9.0b | ₺4.9b | 8.3x |
| Thu, 17 Mar 2022 | ₺15.5b | ₺9.0b | ₺4.9b | 6.4x |
| Sat, 12 Feb 2022 | ₺15.5b | ₺8.8b | ₺3.6b | 7x |
| Mon, 10 Jan 2022 | ₺14.9b | ₺8.8b | ₺3.6b | 7x |
| Wed, 08 Dec 2021 | ₺15.6b | ₺8.8b | ₺3.6b | 7.7x |
| Fri, 05 Nov 2021 | ₺14.1b | ₺9.5b | ₺3.4b | 7.4x |
| Sun, 03 Oct 2021 | ₺12.4b | ₺9.4b | ₺3.4b | 6.3x |
| Tue, 31 Aug 2021 | ₺12.4b | ₺9.4b | ₺3.4b | 6.1x |
| Wed, 07 Jul 2021 | ₺12.7b | ₺9.4b | ₺3.4b | 6.5x |
| Sat, 10 Apr 2021 | ₺13.7b | ₺7.7b | ₺2.6b | 8.4x |
| Fri, 01 Jan 2021 | ₺14.5b | ₺7.2b | ₺1.3b | 9.6x |
| Mon, 05 Oct 2020 | ₺9.1b | ₺6.0b | ₺1.5b | 8x |
| Thu, 09 Jul 2020 | ₺10.1b | ₺4.3b | ₺986.0m | 21.5x |
| Wed, 01 Apr 2020 | ₺6.3b | ₺7.3b | ₺1.3b | 5.4x |
| Sat, 04 Jan 2020 | ₺7.6b | ₺7.8b | ₺1.3b | 7.1x |
| Tue, 08 Oct 2019 | ₺6.9b | ₺6.0b | ₺1.1b | 8x |
| Mon, 01 Jul 2019 | ₺5.1b | ₺5.1b | ₺877.2m | 8.5x |
Median PE Ratio
5.6x
Current Industry PE
- Investors are relatively neutral on the industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 9.3x.
- Future earnings are expected to decline by 9.2% which could cause market valuations to fall.
Past Earnings Growth
- The earnings for companies in the Residential REITs industry have grown 77% per year over the last three years.
- Revenues for these companies have grown 34% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Turkish Residential REITs compare with similar industries?
| TR Market | -2.32% | |
| Real Estate | -0.27% | |
| REITS | -1.78% | |
| Residential REITs | -2.44% | |
| Specialized REITs | 0% | |
| Healthcare REITs | 0% | |
| Hotel and Resort REITs | -0.47% | |
| Retail REITs | -1.38% | |
| Diversified REITs | -1.52% | |
| Industrial REITs | -3.29% | |
| Office REITs | -5.31% | |
Industry PEThere is insufficient data on the sub-industries of this industry.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TDGYO Trend Gayrimenkul Yatirim Ortakligi | ₺7.50 | 9.8% +₺20.1m | 15.0% | PB2.8x |