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Turkish (BIST) Residential REITs Industry Analysis

UpdatedMar 28, 2024
DataAggregated Company Financials
Companies6
  • 7D-11.8%
  • 3M29.1%
  • 1Y44.3%
  • YTD24.8%

Over the last 7 days, the Residential REITs industry has dropped 12%, driven by Emlak Konut Gayrimenkul Yatirim Ortakligi declining 13%. In contrast, Trend Gayrimenkul Yatirim Ortakligi has gained 9.9%. Over the past 12 months, the industry was up 44%. As for the next few years, earnings are expected to grow by 24% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 28 Mar 2024₺52.7b₺17.1b₺11.9b6.9x4.4x3.1x
Sat, 24 Feb 2024₺64.9b₺17.1b₺12.0b8.3x5.4x3.8x
Mon, 22 Jan 2024₺49.9b₺17.1b₺12.0b6.8x4.2x2.9x
Wed, 20 Dec 2023₺42.1b₺17.1b₺12.0b5.9x3.5x2.5x
Fri, 17 Nov 2023₺46.6b₺17.1b₺12.0b6.2x3.9x2.7x
Sun, 15 Oct 2023₺36.5b₺15.0b₺8.8b5.8x4.2x2.4x
Tue, 12 Sep 2023₺42.5b₺15.0b₺8.8b6.9x4.8x2.8x
Thu, 10 Aug 2023₺42.0b₺11.3b₺8.0b6.7x5.2x3.7x
Sat, 08 Jul 2023₺38.3b₺11.3b₺8.0b5.2x4.8x3.4x
Mon, 05 Jun 2023₺33.6b₺11.3b₺8.0b4x4.2x3x
Wed, 03 May 2023₺27.6b₺9.5b₺8.3b3.8x3.3x2.9x
Fri, 31 Mar 2023₺30.6b₺9.5b₺8.3b4.4x3.7x3.2x
Price to Earnings Ratio

3.7x


Total Market Cap: ₺30.6bTotal Earnings: ₺8.3bTotal Revenue: ₺9.5bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Residential REITs Industry Price to Earnings3Y Average 4.3xAprilJulyOctober2024
Current Industry PE
  • Investors are relatively neutral on the Turkish Residential REITs 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 4.3x.
  • The industry is trading close to its 3-year average PS ratio of 3.0x.
Past Earnings Growth
  • The earnings for companies in the Residential REITs industry have grown 13% per year over the last three years.
  • Revenues for these companies have grown 22% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Turkish Real Estate industry?

TR Market-1.49%
Real Estate-7.81%
Residential REITs-11.82%
Single-Family Residential REITs0%
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
TDGYO Trend Gayrimenkul Yatirim Ortakligi₺11.293.5%
+₺26.2m
154.3%PB4.8x
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Latest News

TDGYO

₺11.29

Trend Gayrimenkul Yatirim Ortakligi

7D

3.5%

1Y

154.3%

ADGYO

₺27.84

Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi

7D

-12.7%

1Y

n/a

IDGYO

₺6.07

Idealist Gayrimenkul Yatirim Ortakligi

7D

-5.0%

1Y

85.1%

EKGYO

₺9.43

Emlak Konut Gayrimenkul Yatirim Ortakligi

7D

-12.4%

1Y

45.5%

EYGYO

₺10.55

Eyg Gayrimenkul Yatirim Ortakligi

7D

-4.7%

1Y

27.2%