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Turkish (BIST) Residential REITs Industry Analysis
UpdatedNov 24, 2024
DataAggregated Company Financials
Companies6
- 7D2.9%
- 3M9.1%
- 1Y52.4%
- YTD65.8%
The Residential REITs industry is up 2.9% in the last week, with Emlak Konut Gayrimenkul Yatirim Ortakligi up 3.4%. In the last 12 months, the industry was up 52%.
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 |
|---|---|---|---|---|---|---|
| Sun, 24 Nov 2024 | ₺70.9b | ₺20.9b | ₺7.3b | 8x | 9.7x | 3.4x |
| Tue, 22 Oct 2024 | ₺57.8b | ₺17.3b | ₺2.4b | 11.4x | 24.4x | 3.3x |
| Thu, 19 Sep 2024 | ₺65.7b | ₺24.9b | ₺357.5m | 16.7x | 183.8x | 2.6x |
| Sat, 17 Aug 2024 | ₺65.3b | ₺25.9b | ₺1.4b | 14.9x | 45.5x | 2.5x |
| Mon, 15 Jul 2024 | ₺63.7b | ₺25.9b | ₺1.4b | 15x | 44.4x | 2.5x |
| Wed, 12 Jun 2024 | ₺51.0b | ₺32.2b | -₺1,880,961,044.00 | 8.4x | -27.1x | 1.6x |
| Fri, 10 May 2024 | ₺58.1b | ₺30.6b | ₺2.6b | 5.4x | 22.3x | 1.9x |
| Sun, 07 Apr 2024 | ₺55.1b | ₺17.1b | ₺11.9b | 7.2x | 4.6x | 3.2x |
| Tue, 05 Mar 2024 | ₺64.4b | ₺17.1b | ₺12.0b | 8.5x | 5.4x | 3.8x |
| Thu, 01 Feb 2024 | ₺55.8b | ₺17.1b | ₺12.0b | 7.1x | 4.6x | 3.3x |
| Sat, 30 Dec 2023 | ₺40.9b | ₺17.1b | ₺12.0b | 5.7x | 3.4x | 2.4x |
| Mon, 27 Nov 2023 | ₺45.9b | ₺17.1b | ₺12.0b | 6x | 3.8x | 2.7x |
| Wed, 25 Oct 2023 | ₺33.9b | ₺15.0b | ₺8.8b | 5.9x | 3.9x | 2.3x |
| Fri, 22 Sep 2023 | ₺38.1b | ₺15.0b | ₺8.8b | 6.1x | 4.3x | 2.5x |
| Sun, 20 Aug 2023 | ₺39.9b | ₺15.1b | ₺9.1b | 7.2x | 4.4x | 2.7x |
| Tue, 18 Jul 2023 | ₺38.0b | ₺11.3b | ₺8.0b | 6.4x | 4.7x | 3.4x |
| Thu, 15 Jun 2023 | ₺32.7b | ₺11.3b | ₺8.0b | 4.4x | 4.1x | 2.9x |
| Sat, 13 May 2023 | ₺26.7b | ₺11.3b | ₺8.5b | 3.4x | 3.2x | 2.4x |
| Mon, 10 Apr 2023 | ₺31.4b | ₺9.5b | ₺8.3b | 4.6x | 3.8x | 3.3x |
Price to Earnings Ratio
3.7x
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 9.7x which is lower than its 3-year average PE of 15.7x.
- The 3-year average PS ratio of 2.9x is lower than the industry's current PS ratio of 3.4x.
Past Earnings Growth
- The earnings for companies in the Residential REITs industry have declined 4.3% per year over the last three years.
- Meanwhile revenues for these companies have grown 30% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Turkish Real Estate industry?
| TR Market | 1.79% | |
| Real Estate | 4.00% | |
| Residential REITs | 2.87% | |
| Single-Family Residential REITs | 0% | |
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 | |
|---|---|---|---|---|---|
| EKGYO Emlak Konut Gayrimenkul Yatirim Ortakligi | ₺12.12 | 3.4% +₺1.5b | 65.6% | PB0.6x | |
| SNGYO Sinpas Gayrimenkul Yatirim Ortakligi | ₺9.30 | 6.3% +₺777.9m | 211.0% | PB0.4x | |
| IDGYO Idealist Gayrimenkul Yatirim Ortakligi | ₺2.75 | 2.2% +₺9.0m | -53.0% | PB1.4x |