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Turkish (BIST) Retail REITs Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies5
- 7D1.1%
- 3M7.3%
- 1Y46.3%
- YTDn/a
Over the last 7 days, the Retail REITs industry has risen 2.4%, driven by gains from Ronesans Gayrimenkul Yatirim of 3.5%. During this same period, the Akmerkez Gayrimenkul Yatirim Ortakligi underperformed, falling 8.7%. This means that the industry has gained 50% over the past year.
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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ₺65.7b | ₺11.2b | ₺28.0b | 2.2x | 2.3x | 5.9x |
| Sat, 19 Oct 2024 | ₺60.2b | ₺8.7b | ₺26.8b | 2.3x | 2.2x | 6.9x |
| Mon, 16 Sep 2024 | ₺61.3b | ₺9.5b | ₺30.4b | 1.9x | 2x | 6.5x |
| Wed, 14 Aug 2024 | ₺61.6b | ₺9.4b | ₺28.8b | 2x | 2.1x | 6.5x |
| Fri, 12 Jul 2024 | ₺66.1b | ₺9.4b | ₺28.8b | 2.2x | 2.3x | 7x |
| Sun, 09 Jun 2024 | ₺26.8b | ₺2.5b | ₺10.7b | 9.9x | 2.5x | 10.9x |
| Tue, 07 May 2024 | ₺27.8b | ₺2.3b | ₺10.0b | 11.5x | 2.8x | 12x |
| Thu, 04 Apr 2024 | ₺23.9b | ₺2.3b | ₺10.2b | 2.2x | 2.4x | 10.6x |
| Sat, 02 Mar 2024 | ₺24.9b | ₺1.8b | ₺6.2b | 3.4x | 4x | 13.9x |
| Mon, 29 Jan 2024 | ₺19.9b | ₺1.6b | ₺7.1b | 2.5x | 2.8x | 12.2x |
| Wed, 27 Dec 2023 | ₺16.8b | ₺1.6b | ₺7.1b | 2.3x | 2.4x | 10.3x |
| Fri, 24 Nov 2023 | ₺19.1b | ₺1.6b | ₺7.1b | 2.5x | 2.7x | 11.7x |
| Sun, 22 Oct 2023 | ₺17.1b | ₺1.4b | ₺6.7b | 2.5x | 2.6x | 12x |
| Tue, 19 Sep 2023 | ₺18.5b | ₺1.4b | ₺6.7b | 2.8x | 2.8x | 13x |
| Thu, 17 Aug 2023 | ₺17.0b | ₺1.4b | ₺6.6b | 2.3x | 2.6x | 12.3x |
| Sat, 15 Jul 2023 | ₺16.0b | ₺1.3b | ₺6.4b | 2.7x | 2.5x | 12.8x |
| Mon, 12 Jun 2023 | ₺14.5b | ₺1.3b | ₺6.4b | 2.1x | 2.3x | 11.6x |
| Wed, 10 May 2023 | ₺12.9b | ₺1.2b | ₺6.4b | 1.7x | 2x | 11x |
| Fri, 07 Apr 2023 | ₺14.1b | ₺1.1b | ₺6.3b | 1.8x | 2.2x | 12.9x |
| Sun, 05 Mar 2023 | ₺14.1b | ₺1.1b | ₺4.8b | 2.6x | 2.9x | 13.3x |
| Tue, 31 Jan 2023 | ₺14.8b | ₺906.3m | ₺1.5b | 8.7x | 9.7x | 16.3x |
| Thu, 29 Dec 2022 | ₺13.7b | ₺906.3m | ₺1.5b | 8.4x | 9x | 15.1x |
| Sat, 26 Nov 2022 | ₺12.3b | ₺906.3m | ₺1.5b | 7.5x | 8.1x | 13.6x |
| Mon, 24 Oct 2022 | ₺10.1b | ₺764.0m | ₺1.4b | 6x | 7.4x | 13.2x |
| Wed, 21 Sep 2022 | ₺8.8b | ₺764.0m | ₺1.4b | 5.8x | 6.5x | 11.6x |
| Fri, 19 Aug 2022 | ₺191.4b | ₺602.2m | ₺1.2b | 5.6x | 158.6x | 317.9x |
| Sun, 17 Jul 2022 | ₺8.2b | ₺602.2m | ₺1.2b | 5.3x | 6.8x | 13.5x |
| Tue, 14 Jun 2022 | ₺5.8b | ₺602.2m | ₺1.2b | 4x | 4.8x | 9.7x |
| Thu, 12 May 2022 | ₺6.6b | ₺565.1m | ₺1.2b | 4.5x | 5.6x | 11.7x |
| Sat, 09 Apr 2022 | ₺6.9b | ₺477.9m | ₺1.1b | 5.7x | 6.5x | 14.5x |
| Mon, 07 Mar 2022 | ₺5.9b | ₺477.9m | ₺1.1b | 5.7x | 5.6x | 12.4x |
| Wed, 02 Feb 2022 | ₺6.0b | ₺403.6m | ₺282.0m | 21.9x | 21.2x | 14.8x |
| Fri, 31 Dec 2021 | ₺5.9b | ₺403.6m | ₺282.0m | 20.3x | 20.8x | 14.5x |
| Sun, 28 Nov 2021 | ₺5.0b | ₺403.6m | ₺282.0m | 16.9x | 17.6x | 12.3x |
Price to Earnings Ratio
17.6x
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 6.3x.
- The 3-year average PS ratio of 14.7x is higher than the industry's current PS ratio of 5.9x.
Past Earnings Growth
- The earnings for companies in the Retail REITs industry have grown 363% per year over the last three years.
- Revenues for these companies have grown 203% 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 | -1.68% | |
| Real Estate | 1.52% | |
| REITS | 5.43% | |
| Retail REITs | 1.05% | |
| Diversified REITs | 5.43% | |
| Office REITs | 4.00% | |
| Industrial REITs | 3.90% | |
| Specialized REITs | 0% | |
| Healthcare REITs | 0% | |
| Residential REITs | -1.96% | |
| Hotel and Resort REITs | -14.01% | |
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 | |
|---|---|---|---|---|---|
| RGYAS Ronesans Gayrimenkul Yatirim | ₺112.70 | 2.4% +₺860.6m | n/a | PB0.4x | |
| PAGYO Panora Gayrimenkul Yatirim Ortakligi | ₺66.35 | 4.2% +₺234.9m | 65.3% | PB0.6x | |
| YGGYO Yeni Gimat Gayrimenkul Yatirim Ortakligi | ₺60.10 | 0.4% +₺59.9m | 53.6% | PB0.8x | |
| ATAGY Ata Gayrimenkul Yatirim Ortakligi | ₺11.70 | 2.0% +₺10.9m | 27.3% | PB1x |