Akis Gayrimenkul Yatirim Ortakligi Valuation

Q: What is the Fair Price of AKSGY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

AKSGY (TRY7.18) is trading below our estimate of [[fair value]] (TRY8.92)

Is AKSGY undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

Below Fair Value
Significantly Below Fair Value
Price-To-Earnings vs Peers
Price-To-Earnings vs Industry
Price-To-Earnings vs Fair Ratio
Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of AKSGY when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: AKSGY (TRY7.18) is trading below our estimate of fair value (TRY8.92)

Significantly Below Fair Value: AKSGY is trading below fair value, but not by a significant amount.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for AKSGY?

Key metric: As AKSGY is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for AKSGY. This is calculated by dividing AKSGY's market cap by their current earnings.
What is AKSGY's PE Ratio?
PE Ratio	5.6x
Earnings	₺3.12b
Market Cap	₺17.34b

AKSGY key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue	9.2x
Enterprise Value/EBITDA	12.5x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

How does AKSGY's PE Ratio compare to its peers?

The above table shows the PE ratio for AKSGY vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
Company	Forward PE	Estimated Growth	Market Cap
Peer Average	7.8x
ISGYO Is Gayrimenkul Yatirim Ortakligi	10.1x	n/a	₺18.4b
DGGYO Dogus Gayrimenkul Yatirim Ortakligi	6.6x	n/a	₺14.4b
AVPGY Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi	1.9x	n/a	₺22.8b
OZKGY Ozak Gayrimenkul Yatirim Ortakligi	12.5x	n/a	₺18.2b
AKSGY Akis Gayrimenkul Yatirim Ortakligi	5.6x	n/a	₺17.3b

Price-To-Earnings vs Peers: AKSGY is good value based on its Price-To-Earnings Ratio (5.6x) compared to the peer average (7.8x).

Price to Earnings Ratio vs Industry

How does AKSGY's PE Ratio compare vs other companies in the TR REITs Industry?

2 Companies	Price / Earnings	Estimated Growth	Market Cap
ASGYO Asce Gayrimenkul Yatirim Ortakligi	1.5x	n/a	US$220.14m
YGYO Yesil Gayrimenkul Yatirim Ortakligi	0.9x	n/a	US$62.72m

No more companies available in this PE range

2 Companies		Estimated Growth	Market Cap

No more companies

Price-To-Earnings vs Industry: AKSGY is expensive based on its Price-To-Earnings Ratio (5.6x) compared to the TR REITs industry average (4.1x).

Price to Earnings Ratio vs Fair Ratio

What is AKSGY's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

AKSGY PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	5.6x
Fair PE Ratio	n/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate AKSGY's Price-To-Earnings Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.

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