Turkish (BIST) Diversified REITs Industry Analysis
UpdatedMay 30, 2024
DataAggregated Company Financials
Companies25
- 7D-3.2%
- 3M-4.9%
- 1Y90.2%
- YTDn/a
Over the last 7 days, the Diversified REITs industry has dropped 1.3%, driven by a pullback from Servet Gayrimenkul Yatirim Ortakligi of 15%. On the other hand Pasifik Gayrimenkul Yatirim Ortakligi is actually up 6.5%. This takes the industry's 12 month performance to a gain of 94%. Earnings are forecast to grow by 53% annually.
Industry Valuation and Performance
Has the Turkish Diversified REITs Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 30 May 2024 | ₺239.8b | ₺25.9b | ₺50.0b | 5.2x | 4.8x | 9.3x |
| Sat, 27 Apr 2024 | ₺235.8b | ₺21.8b | ₺67.6b | 4.2x | 3.5x | 10.8x |
| Mon, 25 Mar 2024 | ₺227.8b | ₺22.4b | ₺76.3b | 3.8x | 3x | 10.2x |
| Wed, 21 Feb 2024 | ₺253.3b | ₺20.3b | ₺91.2b | 2.9x | 2.8x | 12.5x |
| Fri, 19 Jan 2024 | ₺234.7b | ₺20.3b | ₺91.2b | 2.8x | 2.6x | 11.5x |
| Sun, 17 Dec 2023 | ₺198.6b | ₺17.2b | ₺84.5b | 2.2x | 2.3x | 11.5x |
| Tue, 14 Nov 2023 | ₺205.8b | ₺16.9b | ₺83.9b | 2x | 2.5x | 12.2x |
| Thu, 12 Oct 2023 | ₺213.6b | ₺16.3b | ₺88.4b | 2.2x | 2.4x | 13.1x |
| Sat, 09 Sep 2023 | ₺203.8b | ₺16.3b | ₺88.4b | 2.2x | 2.3x | 12.5x |
| Mon, 07 Aug 2023 | ₺159.0b | ₺15.9b | ₺82.0b | 2x | 1.9x | 10x |
| Wed, 05 Jul 2023 | ₺123.8b | ₺16.2b | ₺76.0b | 1.8x | 1.6x | 7.6x |
| Fri, 02 Jun 2023 | ₺108.9b | ₺16.2b | ₺76.0b | 1.5x | 1.4x | 6.7x |
| Sun, 30 Apr 2023 | ₺95.7b | ₺16.8b | ₺75.5b | 1.4x | 1.3x | 5.7x |
| Tue, 28 Mar 2023 | ₺112.6b | ₺16.8b | ₺75.5b | 1.6x | 1.5x | 6.7x |
| Thu, 23 Feb 2023 | ₺106.5b | ₺13.3b | ₺45.2b | 3.1x | 2.4x | 8x |
| Sat, 21 Jan 2023 | ₺114.9b | ₺12.2b | ₺25.9b | 6.8x | 4.4x | 9.4x |
| Mon, 19 Dec 2022 | ₺122.1b | ₺12.2b | ₺25.9b | 6.3x | 4.7x | 10x |
| Wed, 16 Nov 2022 | ₺97.0b | ₺11.5b | ₺26.2b | 5.1x | 3.7x | 8.4x |
| Fri, 14 Oct 2022 | ₺77.6b | ₺11.6b | ₺20.0b | 4.3x | 3.9x | 6.7x |
| Sun, 11 Sep 2022 | ₺93.8b | ₺11.3b | ₺19.6b | 10.9x | 4.8x | 8.3x |
| Tue, 09 Aug 2022 | ₺78.8b | ₺9.7b | ₺15.6b | 10.6x | 5.1x | 8.1x |
| Thu, 07 Jul 2022 | ₺65.6b | ₺8.8b | ₺15.2b | 8.8x | 4.3x | 7.5x |
| Sat, 04 Jun 2022 | ₺67.2b | ₺8.8b | ₺15.2b | 9.4x | 4.4x | 7.7x |
| Mon, 02 May 2022 | ₺64.0b | ₺7.1b | ₺14.3b | 7.9x | 4.5x | 9x |
| Wed, 30 Mar 2022 | ₺58.1b | ₺7.1b | ₺14.2b | 7.1x | 4.1x | 8.2x |
| Fri, 25 Feb 2022 | ₺44.8b | ₺6.7b | ₺6.0b | 7.7x | 7.4x | 6.7x |
| Sun, 23 Jan 2022 | ₺46.5b | ₺6.7b | ₺3.3b | 13.7x | 14.1x | 7x |
| Tue, 21 Dec 2021 | ₺43.9b | ₺6.7b | ₺3.3b | 12.3x | 13.3x | 6.6x |
| Thu, 18 Nov 2021 | ₺38.3b | ₺6.7b | ₺3.3b | 9.1x | 11.6x | 5.7x |
| Sat, 16 Oct 2021 | ₺34.7b | ₺6.2b | ₺2.2b | 11.4x | 15.7x | 5.6x |
| Mon, 13 Sep 2021 | ₺36.2b | ₺6.2b | ₺2.2b | 13.5x | 16.4x | 5.8x |
| Wed, 11 Aug 2021 | ₺34.0b | ₺6.2b | ₺2.2b | 12.4x | 15.3x | 5.5x |
| Sun, 06 Jun 2021 | ₺35.4b | ₺5.7b | ₺1.9b | 11.9x | 18.9x | 6.2x |
Price to Earnings Ratio
18.9x
Current Industry PE
- Investors are pessimistic on the Turkish Diversified REITs 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 4.8x which is lower than its 3-year average PE of 8.8x.
- The 3-year average PS ratio of 12.3x is higher than the industry's current PS ratio of 9.4x.
Past Earnings Growth
- The earnings for companies in the Diversified REITs industry have grown 199% per year over the last three years.
- Revenues for these companies have grown 66% 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 Diversified REITs compare with similar industries?
| TR Market | -5.71% | |
| Real Estate | -4.30% | |
| REITS | -3.19% | |
| Diversified REITs | -3.19% | |
| Industrial REITs | 1.27% | |
| Specialized REITs | 0% | |
| Healthcare REITs | 0% | |
| Residential REITs | -3.94% | |
| Retail REITs | -4.54% | |
| Hotel and Resort REITs | -4.60% | |
| Office REITs | -8.24% | |
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 | |
|---|---|---|---|---|---|
| PSGYO Pasifik Gayrimenkul Yatirim Ortakligi | ₺6.09 | 6.5% +₺606.8m | 41.2% | PB0.8x | |
| TSGYO TSKB Gayrimenkul Yatirim Ortakligi | ₺12.30 | 4.4% +₺338.0m | 173.9% | PB2.4x | |
| FZLGY Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi | ₺13.95 | 7.2% +₺298.9m | n/a | PB2.5x | |
| YGYO Yesil Gayrimenkul Yatirim Ortakligi | ₺9.94 | 5.2% +₺115.2m | 428.7% | PB0.2x | |
| PEGYO PERA Gayrimenkul Yatirim Ortakligi | ₺22.62 | 3.6% +₺111.2m | 224.5% | PB5x |