Asce Gayrimenkul Yatirim Ortakligi A.S.

IBSE:ASGYO Stock Report

Market Cap: ₺8.0b

Asce Gayrimenkul Yatirim Ortakligi Valuation

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

Valuation Score

4/6

Valuation Score 4/6

  • 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 ASGYO when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ASGYO (TRY12.18) is trading below our estimate of fair value (TRY15.43)

Significantly Below Fair Value: ASGYO is trading below fair value by more than 20%.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for ASGYO. This is calculated by dividing ASGYO's market cap by their current earnings.
What is ASGYO's PE Ratio?
PE Ratio1.6x
Earnings₺5.16b
Market Cap₺8.03b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for ASGYO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average15.8x
PSGYO Pasifik Gayrimenkul Yatirim Ortakligi
2.8xn/a₺7.4b
TSGYO TSKB Gayrimenkul Yatirim Ortakligi
50xn/a₺6.1b
ALGYO Alarko Gayrimenkul Yatirim Ortakligi
3.6xn/a₺5.7b
DGGYO Dogus Gayrimenkul Yatirim Ortakligi
6.5xn/a₺14.3b
ASGYO Asce Gayrimenkul Yatirim Ortakligi
1.6xn/a₺8.0b

Price-To-Earnings vs Peers: ASGYO is good value based on its Price-To-Earnings Ratio (1.6x) compared to the peer average (15.8x).

Price to Earnings Ratio vs Industry

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

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
YGYO Yesil Gayrimenkul Yatirim Ortakligi
0.9xn/aUS$60.97m
No more companies available in this PE range
ASGYO 1.6xIndustry Avg. 4.2xNo. of Companies6PE0612182430+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: ASGYO is good value based on its Price-To-Earnings Ratio (1.6x) compared to the TR REITs industry average (4.2x).

Price to Earnings Ratio vs Fair Ratio

What is ASGYO'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.

ASGYO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio1.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate ASGYO'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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