Turkish (BIST) Residential REITs Industry Analysis

UpdatedDec 24, 2025

DataAggregated Company Financials

Companies6

7D-1.7%
3M-2.6%
1Y52.8%
YTD46.4%

Over the last 7 days, the Residential REITs industry has dropped 2.9%, driven by Emlak Konut Gayrimenkul Yatirim Ortakligi declining 0.9%. On the other hand Idealist Gayrimenkul Yatirim Ortakligi is actually up 18%. This takes the industry's 12 month performance to a gain of 57%. Looking forward, earnings are forecast to grow by 5.7% annually.

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Wed, 24 Dec 2025	₺113.8b	₺91.3b	₺24.7b	4x	4.6x	1.2x
Fri, 21 Nov 2025	₺114.7b	₺91.7b	₺24.8b	4x	4.6x	1.3x
Sun, 19 Oct 2025	₺105.8b	₺85.6b	₺26.9b	3.5x	3.9x	1.2x
Tue, 16 Sep 2025	₺118.1b	₺85.6b	₺26.9b	3.8x	4.4x	1.4x
Thu, 14 Aug 2025	₺109.4b	₺66.6b	₺22.3b	4.6x	4.9x	1.6x
Sat, 12 Jul 2025	₺103.0b	₺66.6b	₺22.3b	4.4x	4.6x	1.5x
Mon, 09 Jun 2025	₺84.5b	₺66.5b	₺22.0b	3.6x	3.8x	1.3x
Wed, 07 May 2025	₺72.0b	₺47.8b	₺19.6b	5.4x	3.7x	1.5x
Fri, 04 Apr 2025	₺75.1b	₺47.8b	₺19.6b	5.6x	3.8x	1.6x
Sun, 02 Mar 2025	₺78.2b	₺19.0b	₺5.8b	16.7x	13.5x	4.1x
Tue, 28 Jan 2025	₺79.2b	₺19.0b	₺5.8b	15.4x	13.7x	4.2x
Thu, 26 Dec 2024	₺76.2b	₺19.0b	₺5.8b	15.2x	13.2x	4x
Sat, 23 Nov 2024	₺70.9b	₺20.9b	₺7.3b	8x	9.7x	3.4x
Mon, 21 Oct 2024	₺58.9b	₺17.3b	₺2.4b	11.5x	24.9x	3.4x
Wed, 18 Sep 2024	₺65.6b	₺24.9b	₺357.5m	17.4x	183.6x	2.6x
Fri, 16 Aug 2024	₺66.3b	₺25.9b	₺1.4b	15.2x	46.2x	2.6x
Sun, 14 Jul 2024	₺63.7b	₺25.9b	₺1.4b	15x	44.4x	2.5x
Tue, 11 Jun 2024	₺51.5b	₺32.2b	-₺1,880,961,044.00	8.7x	-27.4x	1.6x
Thu, 09 May 2024	₺57.6b	₺30.6b	₺2.6b	5.3x	22.1x	1.9x
Sat, 06 Apr 2024	₺55.1b	₺17.1b	₺11.9b	7.2x	4.6x	3.2x
Mon, 04 Mar 2024	₺63.3b	₺17.1b	₺12.0b	8x	5.3x	3.7x
Wed, 31 Jan 2024	₺56.2b	₺17.1b	₺12.0b	7.2x	4.7x	3.3x
Fri, 29 Dec 2023	₺40.8b	₺17.1b	₺12.0b	5.7x	3.4x	2.4x
Sun, 26 Nov 2023	₺45.9b	₺17.1b	₺12.0b	6x	3.8x	2.7x
Tue, 24 Oct 2023	₺33.9b	₺15.0b	₺8.8b	6x	3.9x	2.3x
Thu, 21 Sep 2023	₺37.0b	₺15.0b	₺8.8b	6x	4.2x	2.5x
Sat, 19 Aug 2023	₺39.9b	₺15.1b	₺9.1b	7.2x	4.4x	2.7x
Mon, 17 Jul 2023	₺37.8b	₺11.3b	₺8.0b	6x	4.7x	3.3x
Wed, 14 Jun 2023	₺34.0b	₺11.3b	₺8.0b	4.4x	4.2x	3x
Fri, 12 May 2023	₺27.6b	₺11.3b	₺8.5b	3.5x	3.2x	2.4x
Sun, 09 Apr 2023	₺31.4b	₺9.5b	₺8.3b	4.6x	3.8x	3.3x

Price to Earnings Ratio

3.7x

Wed, 29 Mar 2023

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 industry is trading at a PE ratio of 4.6x which is lower than its 3-year average PE of 12.1x.

The 3-year average PS ratio of 2.6x is higher than the industry's current PS ratio of 1.2x.

Past Earnings Growth

The earnings for companies in the Residential REITs industry have grown 44% per year over the last three years.
Revenues for these companies have grown 113% per year.
This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.