Emlak Konut Gayrimenkul Yatirim Ortakligi A.S.

IBSE:EKGYO Stock Report

Market Cap: ₺45.6b

Emlak Konut Gayrimenkul Yatirim Ortakligi Valuation

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

Valuation Score

3/6

Valuation Score 3/6

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

Below Fair Value: EKGYO (TRY12) is trading above our estimate of fair value (TRY4.08)

Significantly Below Fair Value: EKGYO is trading above our estimate of fair value.

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for EKGYO. This is calculated by dividing EKGYO's market cap by their current earnings.
What is EKGYO's PE Ratio?
PE Ratio8.8x
Earnings₺5.16b
Market Cap₺45.60b

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for EKGYO vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average20.1x
SNGYO Sinpas Gayrimenkul Yatirim Ortakligi
17.5xn/a₺13.0b
ADGYO Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi
51.6xn/a₺9.0b
RGYAS Ronesans Gayrimenkul Yatirim
2.2xn/a₺39.8b
TRGYO Torunlar Gayrimenkul Yatirim Ortakligi
8.9x64.4%₺55.1b
EKGYO Emlak Konut Gayrimenkul Yatirim Ortakligi
8.8xn/a₺45.6b

Price-To-Earnings vs Peers: EKGYO is good value based on its Price-To-Earnings Ratio (8.8x) compared to the peer average (20.1x).

Price to Earnings Ratio vs Industry

How does EKGYO's PE Ratio compare vs other companies in the Global Residential REITs Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
EKGYO 8.8xIndustry Avg. 27.3xNo. of Companies9PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: EKGYO is good value based on its Price-To-Earnings Ratio (8.8x) compared to the Global Residential REITs industry average (27.1x).

Price to Earnings Ratio vs Fair Ratio

What is EKGYO'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.

EKGYO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio8.8x
Fair PE Ration/a

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

The above table shows the analyst EKGYO forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₺12.00
₺16.88
+40.7%
14.2%₺20.63₺14.60n/a4
Nov ’25₺9.85
₺15.81
+60.5%
18.2%₺20.63₺13.00n/a4
Oct ’25₺11.15
₺16.21
+45.4%
19.9%₺20.63₺13.00n/a3
Sep ’25₺11.68
₺16.21
+38.8%
19.9%₺20.63₺13.00n/a3
Aug ’25₺11.60
₺16.04
+38.3%
21.2%₺20.63₺12.50n/a3
Jul ’25₺9.32
₺16.06
+72.3%
21.2%₺20.63₺12.50n/a3
Jun ’25₺8.85
₺16.06
+81.4%
21.2%₺20.63₺12.50n/a3
May ’25₺9.74
₺16.06
+64.9%
21.2%₺20.63₺12.50n/a3
Apr ’25₺9.25
₺16.06
+73.6%
21.2%₺20.63₺12.50n/a3
Mar ’25₺11.34
₺13.18
+16.3%
10.1%₺15.04₺12.01n/a3
Feb ’25₺10.24
₺12.75
+24.5%
13.0%₺15.04₺11.20n/a3
Jan ’25₺6.88
₺12.87
+87.1%
14.1%₺15.40₺11.20n/a3
Dec ’24₺7.35
₺12.87
+75.1%
14.1%₺15.40₺11.20n/a3
Nov ’24₺6.48
₺10.90
+68.3%
14.3%₺12.01₺8.70₺9.853
Oct ’24₺8.08
₺11.27
+39.5%
16.6%₺13.12₺8.70₺11.153
Sep ’24₺8.84
₺11.27
+27.5%
16.6%₺13.12₺8.70₺11.683
Aug ’24₺8.57
₺11.27
+31.5%
16.6%₺13.12₺8.70₺11.603
Jul ’24₺7.40
₺11.27
+52.3%
16.6%₺13.12₺8.70₺9.323
Jun ’24₺7.24
₺11.27
+55.7%
16.6%₺13.12₺8.70₺8.853
May ’24₺6.01
₺11.35
+88.9%
17.2%₺13.35₺8.70₺9.743
Apr ’24₺6.19
₺10.08
+62.9%
36.8%₺13.35₺4.90₺9.253
Mar ’24₺8.43
₺10.08
+19.6%
36.8%₺13.35₺4.90₺11.343
Feb ’24₺7.14
₺10.08
+41.2%
36.8%₺13.35₺4.90₺10.243
Jan ’24₺8.73
₺6.55
-25.0%
22.7%₺8.50₺4.90₺6.883
Dec ’23₺7.14
₺6.55
-8.3%
22.7%₺8.50₺4.90₺7.353
Nov ’23₺4.51
₺4.62
+2.4%
15.1%₺5.30₺3.66₺6.483

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Reysas Gayrimenkul Yatirim Ortakligi

₺28.9b

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RYGYO

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