Körfez Gayrimenkul Yatirim Ortakligi Valuation

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

KRGYO (TRY37) is trading above our estimate of [[fair value]] (TRY0.23)

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

Valuation Score

0/6

Valuation Score 0/6

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

Below Fair Value: KRGYO (TRY37) is trading above our estimate of fair value (TRY0.23)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for KRGYO. This is calculated by dividing KRGYO's market cap by their current earnings.
What is KRGYO's PE Ratio?
PE Ratio	12.7x
Earnings	₺191.74m
Market Cap	₺2.44b

KRGYO 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	24.5x
Enterprise Value/EBITDA	13.8x
PEG Ratio	n/a

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for KRGYO 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	3x
MSGYO Mistral Gayrimenkul Yatirim Ortakligi	2.5x	n/a	₺2.0b
PEKGY Peker Gayrimenkul Yatirim Ortakligi Anonim Sirketi	2.3x	n/a	₺2.7b
BEGYO Bati Ege Gayrimenkul Yatirim Ortakligi	6.2x	n/a	₺3.2b
YGYO Yesil Gayrimenkul Yatirim Ortakligi	0.9x	n/a	₺2.2b
KRGYO Körfez Gayrimenkul Yatirim Ortakligi	12.7x	n/a	₺2.4b

Price-To-Earnings vs Peers: KRGYO is expensive based on its Price-To-Earnings Ratio (12.7x) compared to the peer average (3x).

Price to Earnings Ratio vs Industry

How does KRGYO'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: KRGYO is expensive based on its Price-To-Earnings Ratio (12.7x) compared to the TR REITs industry average (4.1x).

Price to Earnings Ratio vs Fair Ratio

What is KRGYO'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.

KRGYO PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio	12.7x
Fair PE Ratio	n/a

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

Discover undervalued companies

Ronesans Gayrimenkul Yatirim

₺37.7b

Engages in developing and managing real estate properties in Türkiye.

RGYAS

₺114.00

0.6%

n/a

Reysas Gayrimenkul Yatirim Ortakligi

₺27.8b

Reysas Gayrimenkul Yatirim Ortakligi A.S.

RYGYO

₺13.91

5.3%

129.9%

Emlak Konut Gayrimenkul Yatirim Ortakligi

₺45.9b

In 1953, a mentality that would lead the urbanization efforts of a country and improve the people’s life quality was born.

EKGYO

₺12.07

3.7%

66.3%