Turkish (BIST) Retail REITs Industry Analysis
UpdatedJul 05, 2024
DataAggregated Company Financials
Companies5
- 7D-1.0%
- 3M14.4%
- 1Y91.7%
- YTDn/a
Over the last 7 days, the Retail REITs industry has dropped 3.1%, driven by pullbacks in Akmerkez Gayrimenkul Yatirim Ortakligi and Ronesans Gayrimenkul Yatirim of 1.5% and 0.3%, respectively. In the past year, the industry has gained 88%.
Industry Valuation and Performance
Has the Turkish Retail REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 06 Jul 2024 | ₺68.2b | ₺9.4b | ₺28.8b | 2.2x | 2.4x | 7.2x |
| Mon, 03 Jun 2024 | ₺27.0b | ₺2.5b | ₺10.7b | 10.1x | 2.5x | 10.9x |
| Wed, 01 May 2024 | ₺28.1b | ₺2.3b | ₺10.0b | 11.3x | 2.8x | 12.2x |
| Fri, 29 Mar 2024 | ₺24.7b | ₺1.8b | ₺6.2b | 2.9x | 4x | 13.8x |
| Sun, 25 Feb 2024 | ₺23.4b | ₺1.6b | ₺7.1b | 3x | 3.3x | 14.3x |
| Tue, 23 Jan 2024 | ₺20.3b | ₺1.6b | ₺7.1b | 2.5x | 2.9x | 12.5x |
| Thu, 21 Dec 2023 | ₺17.4b | ₺1.6b | ₺7.1b | 2.3x | 2.5x | 10.7x |
| Sat, 18 Nov 2023 | ₺19.0b | ₺1.6b | ₺7.1b | 2.4x | 2.7x | 11.6x |
| Mon, 16 Oct 2023 | ₺18.8b | ₺1.4b | ₺6.7b | 2.6x | 2.8x | 13.2x |
| Wed, 13 Sep 2023 | ₺19.0b | ₺1.4b | ₺6.7b | 2.8x | 2.8x | 13.3x |
| Fri, 11 Aug 2023 | ₺16.3b | ₺1.4b | ₺6.6b | 2.2x | 2.5x | 11.8x |
| Sun, 09 Jul 2023 | ₺14.4b | ₺1.3b | ₺6.4b | 2.3x | 2.2x | 11.5x |
| Tue, 06 Jun 2023 | ₺14.2b | ₺1.3b | ₺6.4b | 2x | 2.2x | 11.3x |
| Thu, 04 May 2023 | ₺12.7b | ₺1.1b | ₺6.3b | 1.6x | 2x | 11.6x |
| Sat, 01 Apr 2023 | ₺14.1b | ₺1.1b | ₺6.3b | 1.7x | 2.2x | 12.8x |
| Mon, 27 Feb 2023 | ₺13.8b | ₺1.0b | ₺3.7b | 5x | 3.7x | 13.5x |
| Wed, 25 Jan 2023 | ₺13.6b | ₺906.3m | ₺1.5b | 8.1x | 9x | 15x |
| Fri, 23 Dec 2022 | ₺14.1b | ₺906.3m | ₺1.5b | 8.8x | 9.3x | 15.6x |
| Sun, 20 Nov 2022 | ₺11.2b | ₺906.3m | ₺1.5b | 6.7x | 7.4x | 12.4x |
| Tue, 18 Oct 2022 | ₺9.5b | ₺764.0m | ₺1.4b | 5.9x | 7x | 12.5x |
| Thu, 15 Sep 2022 | ₺9.2b | ₺764.0m | ₺1.4b | 6.4x | 6.7x | 12x |
| Sat, 13 Aug 2022 | ₺8.4b | ₺602.2m | ₺1.2b | 5.6x | 6.9x | 13.9x |
| Mon, 11 Jul 2022 | ₺8.2b | ₺602.2m | ₺1.2b | 5.4x | 6.8x | 13.7x |
| Wed, 08 Jun 2022 | ₺6.9b | ₺602.2m | ₺1.2b | 4.7x | 5.7x | 11.4x |
| Fri, 06 May 2022 | ₺6.7b | ₺565.1m | ₺1.2b | 4.5x | 5.7x | 11.8x |
| Sun, 03 Apr 2022 | ₺6.7b | ₺477.9m | ₺1.1b | 5.8x | 6.3x | 14.1x |
| Tue, 01 Mar 2022 | ₺5.8b | ₺465.5m | ₺828.6m | 15.8x | 6.9x | 12.4x |
| Thu, 27 Jan 2022 | ₺5.9b | ₺403.6m | ₺282.0m | 20.6x | 21x | 14.7x |
| Sat, 25 Dec 2021 | ₺5.8b | ₺403.6m | ₺282.0m | 19.2x | 20.5x | 14.3x |
| Mon, 22 Nov 2021 | ₺4.8b | ₺403.6m | ₺282.0m | 15.6x | 16.9x | 11.8x |
| Wed, 20 Oct 2021 | ₺4.4b | ₺346.3m | ₺237.5m | 18.1x | 18.5x | 12.7x |
| Fri, 17 Sep 2021 | ₺4.6b | ₺346.3m | ₺237.5m | 19.2x | 19.2x | 13.1x |
| Sun, 15 Aug 2021 | ₺4.3b | ₺346.3m | ₺237.5m | 18.2x | 18.2x | 12.5x |
Price to Earnings Ratio
18.4x
Current Industry PE
- Investors are pessimistic on the Turkish Retail 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 2.4x which is lower than its 3-year average PE of 8.1x.
- The 3-year average PS ratio of 15.6x is higher than the industry's current PS ratio of 7.3x.
Past Earnings Growth
- The earnings for companies in the Retail REITs industry have grown 395% per year over the last three years.
- Revenues for these companies have grown 201% 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 Retail REITs compare with similar industries?
| TR Market | 0.049% | |
| Real Estate | 2.51% | |
| REITS | 2.10% | |
| Retail REITs | -0.98% | |
| Residential REITs | 11.68% | |
| Diversified REITs | 2.10% | |
| Industrial REITs | 0.39% | |
| Specialized REITs | 0% | |
| Healthcare REITs | 0% | |
| Hotel and Resort REITs | -0.28% | |
| Office REITs | -2.39% | |
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 | |
|---|---|---|---|---|---|
| YGGYO Yeni Gimat Gayrimenkul Yatirim Ortakligi | ₺53.50 | 3.6% +₺443.5m | 51.1% | PB0.8x | |
| PAGYO Panora Gayrimenkul Yatirim Ortakligi | ₺54.10 | 8.0% +₺348.0m | 89.8% | PB0.5x |