Akis Gayrimenkul Yatirim Ortakligi AS

IS:AKSGY Turkey REIT - Diversified
Market Cap
$596.56 Million
TL21.16 Billion TRY
Market Cap Rank
#13814 Global
#86 in Turkey
Share Price
TL8.76
Change (1 day)
+1.62%
52-Week Range
TL6.04 - TL8.95
All Time High
TL8.95
About

Akis Gayrimenkul Yatirim A.S is based in Turkey.

Akis Gayrimenkul Yatirim Ortakligi AS (AKSGY) - Net Assets

Latest net assets as of September 2025: TL40.93 Billion TRY

Based on the latest financial reports, Akis Gayrimenkul Yatirim Ortakligi AS (AKSGY) has net assets worth TL40.93 Billion TRY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL48.84 Billion) and total liabilities (TL7.91 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets TL40.93 Billion
% of Total Assets 83.8%
Annual Growth Rate 38.71%
5-Year Change 785.47%
10-Year Change 2944.99%
Growth Volatility 59.58

Akis Gayrimenkul Yatirim Ortakligi AS - Net Assets Trend (2011–2024)

This chart illustrates how Akis Gayrimenkul Yatirim Ortakligi AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Akis Gayrimenkul Yatirim Ortakligi AS (2011–2024)

The table below shows the annual net assets of Akis Gayrimenkul Yatirim Ortakligi AS from 2011 to 2024.

Year Net Assets Change
2024-12-31 TL31.94 Billion +9.34%
2023-12-31 TL29.21 Billion +197.63%
2022-12-31 TL9.81 Billion +137.18%
2021-12-31 TL4.14 Billion +14.72%
2020-12-31 TL3.61 Billion -10.28%
2019-12-31 TL4.02 Billion +10.73%
2018-12-31 TL3.63 Billion +45.25%
2017-12-31 TL2.50 Billion +109.89%
2016-12-31 TL1.19 Billion +13.53%
2015-12-31 TL1.05 Billion +26.58%
2014-12-31 TL828.67 Million +14.08%
2013-12-31 TL726.39 Million +51.14%
2012-12-31 TL480.61 Million +5.98%
2011-12-31 TL453.50 Million --

Equity Component Analysis

This analysis shows how different components contribute to Akis Gayrimenkul Yatirim Ortakligi AS's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 4730.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL12.25 Billion 38.36%
Other Components TL19.69 Billion 61.64%
Total Equity TL31.94 Billion 100.00%

Akis Gayrimenkul Yatirim Ortakligi AS Competitors by Market Cap

The table below lists competitors of Akis Gayrimenkul Yatirim Ortakligi AS ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Akis Gayrimenkul Yatirim Ortakligi AS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 29,211,677,518 to 31,940,718,244, a change of 2,729,040,726 (9.3%).
  • Net income of 4,010,583,424 contributed positively to equity growth.
  • Dividend payments of 72,966,250 reduced retained earnings.
  • Other factors decreased equity by 1,208,576,448.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL4.01 Billion +12.56%
Dividends Paid TL72.97 Million -0.23%
Other Changes TL-1.21 Billion -3.78%
Total Change TL- 9.34%

Book Value vs Market Value Analysis

This analysis compares Akis Gayrimenkul Yatirim Ortakligi AS's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.66x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 2.46x to 0.66x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 TL3.56 TL8.76 x
2018-12-31 TL5.19 TL8.76 x
2019-12-31 TL5.75 TL8.76 x
2020-12-31 TL5.15 TL8.76 x
2021-12-31 TL5.14 TL8.76 x
2022-12-31 TL12.19 TL8.76 x
2023-12-31 TL12.10 TL8.76 x
2024-12-31 TL13.23 TL8.76 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Akis Gayrimenkul Yatirim Ortakligi AS utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 12.56%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 121.67%
  • • Asset Turnover: 0.09x
  • • Equity Multiplier: 1.17x
  • Recent ROE (12.56%) is below the historical average (17.25%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 7.08% 36.73% 0.12x 1.63x TL-24.23 Million
2015 27.83% 288.20% 0.06x 1.70x TL187.05 Million
2016 14.27% 216.30% 0.04x 1.68x TL50.84 Million
2017 19.63% 153.47% 0.07x 1.71x TL240.59 Million
2018 28.37% 260.01% 0.07x 1.55x TL666.80 Million
2019 13.66% 125.59% 0.07x 1.57x TL147.00 Million
2020 -12.71% -152.08% 0.05x 1.69x TL-819.17 Million
2021 5.75% 57.20% 0.05x 1.87x TL-175.90 Million
2022 56.69% 632.35% 0.06x 1.41x TL4.58 Billion
2023 16.60% 130.32% 0.11x 1.18x TL1.93 Billion
2024 12.56% 121.67% 0.09x 1.17x TL816.51 Million

Industry Comparison

This section compares Akis Gayrimenkul Yatirim Ortakligi AS's net assets metrics with peer companies in the REIT - Diversified industry.

Industry Context

  • Industry: REIT - Diversified
  • Average net assets among peers: $1,021,374,964
  • Average return on equity (ROE) among peers: 14.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Akis Gayrimenkul Yatirim Ortakligi AS (AKSGY) TL40.93 Billion 7.08% 0.19x $251.32 Million
Dogus Gayrimenkul Yatirim Ortakligi AS (DGGYO) $656.34 Million 7.90% 0.15x $226.23 Million
Deniz Gayrimenkul Yatirim Ortakligi AS (DZGYO) $719.94 Million 13.63% 0.40x $24.40 Million
Edip Gayrimenkul Yatirim Sanayi ve Ticaret AS (EDIP) $71.29 Million 0.00% 3.60x $31.55 Million
EYG Gayrimenkul Yatirim Ortakligi A.S. (EYGYO) $88.22 Million 0.00% 7.71x $19.90 Million
Halk Gayrimenkul Yatirim Ortakligi AS (HLGYO) $3.30 Billion 11.47% 0.39x $143.75 Million
Is Gayrimenkul Yatirim Ortakligi AS (ISGYO) $778.84 Million 2.47% 0.03x $271.40 Million
Yapi Kredi Koray Gayrimenkul Yatirim Ortakligi AS (KGYO) $78.06 Million 10.84% 0.20x $65.84 Million
Mistral Gayrimenkul Yatirim Ortakligi AS (MSGYO) $467.77 Million 46.04% 0.05x $10.15 Million
Nurol Gayrimenkul Yatirim Ortakligi AS (NUGYO) $3.03 Billion 36.21% 0.25x $29.45 Million