Turkish (BIST) Real Estate Development Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies5
- 7D-3.1%
- 3M-17.2%
- 1Y59.0%
- YTDn/a
Over the last 7 days, the Real Estate Development industry has dropped 3.2%, driven by a pullback from Ronesans Gayrimenkul Yatirim of 3.2%. This takes the industry's 12 month performance to a gain of 61%.
Industry Valuation and Performance
Has the Turkish Real Estate Development Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | ₺66.5b | ₺15.0b | ₺20.9b | 8.9x | 3.2x | 4.4x |
| Sat, 27 Apr 2024 | ₺30.1b | ₺7.6b | ₺2.3b | 13.9x | 13.2x | 3.9x |
| Mon, 25 Mar 2024 | ₺31.9b | ₺6.7b | ₺2.9b | 12.3x | 11x | 4.8x |
| Wed, 21 Feb 2024 | ₺32.2b | ₺6.7b | ₺2.9b | 15x | 11.1x | 4.8x |
| Fri, 19 Jan 2024 | ₺32.9b | ₺6.7b | ₺4.3b | 8.4x | 7.7x | 4.9x |
| Sun, 17 Dec 2023 | ₺36.3b | ₺6.7b | ₺2.9b | 12.2x | 12.5x | 5.4x |
| Tue, 14 Nov 2023 | ₺50.0b | ₺6.9b | ₺4.8b | 12.5x | 10.5x | 7.2x |
| Thu, 12 Oct 2023 | ₺39.5b | ₺5.6b | ₺4.3b | 10.7x | 9.3x | 7.1x |
| Sat, 09 Sep 2023 | ₺37.6b | ₺5.6b | ₺4.3b | 9.3x | 8.9x | 6.7x |
| Mon, 07 Aug 2023 | ₺29.5b | ₺5.0b | ₺2.5b | 10.2x | 12x | 5.9x |
| Wed, 05 Jul 2023 | ₺19.1b | ₺5.0b | ₺2.5b | 7.4x | 7.7x | 3.8x |
| Fri, 02 Jun 2023 | ₺13.9b | ₺270.1m | ₺646.7m | 7.2x | 21.5x | 51.5x |
| Sun, 30 Apr 2023 | ₺12.5b | ₺243.2m | ₺592.4m | 8.9x | 21.1x | 51.4x |
| Tue, 28 Mar 2023 | ₺13.6b | ₺243.2m | ₺592.4m | 7.3x | 23x | 56x |
| Thu, 23 Feb 2023 | ₺14.1b | ₺243.2m | ₺261.0m | 31.7x | 54.1x | 58.1x |
| Sat, 21 Jan 2023 | ₺17.1b | ₺139.9m | ₺204.5m | 41x | 83.8x | 122.6x |
| Mon, 19 Dec 2022 | ₺19.4b | ₺139.9m | ₺204.5m | 45.1x | 95x | 138.9x |
| Wed, 16 Nov 2022 | ₺16.4b | ₺139.9m | ₺204.5m | 35.7x | 80.2x | 117.3x |
| Fri, 14 Oct 2022 | ₺11.6b | ₺144.2m | ₺203.5m | 26.6x | 57.2x | 80.8x |
| Sun, 11 Sep 2022 | ₺9.9b | ₺144.2m | ₺203.5m | 26.3x | 48.5x | 68.5x |
| Tue, 09 Aug 2022 | ₺10.1b | ₺84.6m | ₺199.6m | 29x | 50.4x | 119x |
| Thu, 07 Jul 2022 | ₺8.0b | ₺84.6m | ₺200.1m | 25.1x | 39.8x | 94.3x |
| Sat, 04 Jun 2022 | ₺25.5b | ₺84.6m | ₺200.1m | 25.1x | 127.5x | 301.8x |
| Mon, 02 May 2022 | ₺160.4b | ₺84.6m | ₺200.1m | 2266.4x | 801.4x | 1896.7x |
| Wed, 30 Mar 2022 | ₺19.0b | ₺71.9m | ₺158.2m | 23.5x | 119.9x | 263.8x |
| Fri, 25 Feb 2022 | ₺12.5b | ₺20.7m | ₺40.0m | 53.3x | 312.3x | 604.3x |
| Sun, 23 Jan 2022 | ₺10.2b | ₺20.7m | ₺15.2m | 100.9x | 669.8x | 491.8x |
| Tue, 21 Dec 2021 | ₺7.8b | ₺20.7m | ₺15.2m | 93.7x | 514.8x | 378x |
| Thu, 18 Nov 2021 | ₺8.9b | ₺423.7k | ₺12.3m | 97.6x | 722x | 20946.9x |
| Sat, 16 Oct 2021 | ₺8.1b | ₺423.7k | ₺12.1m | 99.9x | 664.2x | 19014.3x |
| Mon, 13 Sep 2021 | ₺7.1b | ₺423.7k | ₺12.1m | 115.2x | 587.8x | 16828.4x |
| Wed, 11 Aug 2021 | ₺1.1b | ₺423.7k | ₺12.1m | 91.5x | 90.3x | 2585.6x |
| Sun, 06 Jun 2021 | ₺1.2b | ₺7.1m | ₺16.4m | 100.6x | 75.6x | 174.7x |
Price to Earnings Ratio
75.6x
Current Industry PE
- Investors are pessimistic on the Turkish Real Estate Development 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 3.2x which is lower than its 3-year average PE of 166x.
- The 3-year average PS ratio of 2kx is higher than the industry's current PS ratio of 4.5x.
Past Earnings Growth
- The earnings for companies in the Real Estate Development industry have grown 985% per year over the last three years.
- Revenues for these companies have grown 1,183% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Turkish Real Estate Development compare with similar industries?
| TR Market | -5.71% | |
| Real Estate | -4.30% | |
| Real Estate | -6.84% | |
| Real Estate Development | -3.14% | |
| Diversified Real Estate | -5.24% | |
| Real Estate Services | -12.65% | |
| Real Estate Operating Companies | -13.16% | |
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 | |
|---|---|---|---|---|---|
| DAPGM DAP Gayrimenkul Gelistirme | ₺33.98 | 0.8% +₺107.8m | 37.7% | PE8.1x |