Deniz Gayrimenkul Yatirim Ortakligi AS (DZGYO) - Net Assets
Based on the latest financial reports, Deniz Gayrimenkul Yatirim Ortakligi AS (DZGYO) has net assets worth TL6.65 Billion TRY (≈ $148.87 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL8.53 Billion ≈ $191.06 Million USD) and total liabilities (TL1.88 Billion ≈ $42.19 Million USD). 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. Check Deniz Gayrimenkul Yatirim Ortakligi AS strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL6.65 Billion |
| % of Total Assets | 77.92% |
| Annual Growth Rate | 31.12% |
| 5-Year Change | 687.78% |
| 10-Year Change | 2776.76% |
| Growth Volatility | 97.92 |
Deniz Gayrimenkul Yatirim Ortakligi AS - Net Assets Trend (2005–2025)
This chart illustrates how Deniz Gayrimenkul Yatirim Ortakligi AS's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market value of Deniz Gayrimenkul Yatirim Ortakligi AS.
Annual Net Assets for Deniz Gayrimenkul Yatirim Ortakligi AS (2005–2025)
The table below shows the annual net assets of Deniz Gayrimenkul Yatirim Ortakligi AS from 2005 to 2025. Also explore Deniz Gayrimenkul Yatirim Ortakligi AS (DZGYO) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL5.67 Billion ≈ $127.03 Million |
+5.25% |
| 2024-12-31 | TL5.39 Billion ≈ $120.69 Million |
+48.14% |
| 2023-12-31 | TL3.64 Billion ≈ $81.47 Million |
+174.39% |
| 2022-12-31 | TL1.33 Billion ≈ $29.69 Million |
+84.13% |
| 2021-12-31 | TL719.94 Million ≈ $16.12 Million |
+93.81% |
| 2020-12-31 | TL371.46 Million ≈ $8.32 Million |
+40.26% |
| 2019-12-31 | TL264.84 Million ≈ $5.93 Million |
+6.50% |
| 2018-12-31 | TL248.67 Million ≈ $5.57 Million |
+16.78% |
| 2017-12-31 | TL212.94 Million ≈ $4.77 Million |
+8.01% |
| 2016-12-31 | TL197.15 Million ≈ $4.42 Million |
+6.67% |
| 2015-12-31 | TL184.81 Million ≈ $4.14 Million |
+5.90% |
| 2014-12-31 | TL174.52 Million ≈ $3.91 Million |
+3.03% |
| 2013-12-31 | TL169.39 Million ≈ $3.79 Million |
+428.28% |
| 2012-12-31 | TL32.06 Million ≈ $718.17K |
+18.84% |
| 2011-12-31 | TL26.98 Million ≈ $604.33K |
-15.97% |
| 2010-12-31 | TL32.11 Million ≈ $719.18K |
-2.11% |
| 2009-12-31 | TL32.80 Million ≈ $734.70K |
-18.29% |
| 2008-12-31 | TL40.15 Million ≈ $899.21K |
-14.26% |
| 2007-12-31 | TL46.83 Million ≈ $1.05 Million |
+28.92% |
| 2006-12-31 | TL36.32 Million ≈ $813.52K |
+44.48% |
| 2005-12-31 | TL25.14 Million ≈ $563.05K |
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Equity Component Analysis
This analysis shows how different components contribute to Deniz 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 169488981700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.69 Billion | 29.88% |
| Other Components | TL3.98 Billion | 70.12% |
| Total Equity | TL5.67 Billion | 100.00% |
Deniz Gayrimenkul Yatirim Ortakligi AS Competitors by Market Cap
The table below lists competitors of Deniz Gayrimenkul Yatirim Ortakligi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RoyalTek Co Ltd
TWO:3306
|
$72.31 Million |
|
SSF Home Group Berhad
KLSE:0287
|
$72.31 Million |
|
Arena Group Holdings Inc
NYSE MKT:AREN
|
$72.36 Million |
|
KEFI GOLD COPPER LS -001
F:KMSA
|
$72.39 Million |
|
Hannan Metals Ltd
V:HAN
|
$72.28 Million |
|
Vortex Consolidated Bhd
KLSE:0060
|
$72.28 Million |
|
SG&G Corporation
KQ:040610
|
$72.27 Million |
|
Aditya Birla Money Limited
NSE:BIRLAMONEY
|
$72.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Deniz Gayrimenkul Yatirim Ortakligi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,388,367,677 to 5,671,510,634, a change of 283,142,957 (5.3%).
- Net income of 283,764,084 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL283.76 Million | +5.0% |
| Other Changes | TL-621.13K | -0.01% |
| Total Change | TL- | 5.25% |
Book Value vs Market Value Analysis
This analysis compares Deniz 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: 0.57x
- 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 8.44x to 0.57x 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 | TL0.96 | TL8.07 | x |
| 2018-12-31 | TL1.13 | TL8.07 | x |
| 2019-12-31 | TL1.19 | TL8.07 | x |
| 2020-12-31 | TL1.33 | TL8.07 | x |
| 2021-12-31 | TL1.80 | TL8.07 | x |
| 2022-12-31 | TL3.31 | TL8.07 | x |
| 2023-12-31 | TL9.09 | TL8.07 | x |
| 2024-12-31 | TL13.47 | TL8.07 | x |
| 2025-12-31 | TL14.18 | TL8.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Deniz 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): 5.00%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 256.23%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.23x
- Recent ROE (5.00%) is below the historical average (12.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 22.43% | 17.35% | 1.29x | 1.00x | TL5.82 Million |
| 2009 | 23.29% | 20.89% | 1.11x | 1.00x | TL4.36 Million |
| 2010 | 12.78% | 9.88% | 1.29x | 1.00x | TL891.90K |
| 2012 | 15.85% | 31.51% | 0.50x | 1.00x | TL1.88 Million |
| 2014 | 2.94% | 49.79% | 0.06x | 1.00x | TL-12.32 Million |
| 2015 | 5.57% | 105.77% | 0.05x | 1.02x | TL-8.19 Million |
| 2016 | 6.26% | 104.11% | 0.06x | 1.01x | TL-7.38 Million |
| 2017 | 7.41% | 116.67% | 0.05x | 1.17x | TL-5.51 Million |
| 2018 | 15.38% | 266.10% | 0.03x | 2.27x | TL13.38 Million |
| 2019 | 5.04% | 89.72% | 0.02x | 3.21x | TL-13.14 Million |
| 2020 | 1.76% | 1.78% | 0.35x | 2.84x | TL-30.62 Million |
| 2021 | 13.63% | 21.03% | 0.46x | 1.40x | TL26.14 Million |
| 2022 | 45.72% | 91.00% | 0.42x | 1.19x | TL473.45 Million |
| 2023 | 2.73% | 9.06% | 0.30x | 1.02x | TL-264.30 Million |
| 2024 | 11.63% | 99.22% | 0.10x | 1.16x | TL87.57 Million |
| 2025 | 5.00% | 256.23% | 0.02x | 1.23x | TL-283.39 Million |
Industry Comparison
This section compares Deniz 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: $8,912,456,076
- Average return on equity (ROE) among peers: 3.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Deniz Gayrimenkul Yatirim Ortakligi AS (DZGYO) | TL6.65 Billion | 22.43% | 0.28x | $72.30 Million |
| Akis Gayrimenkul Yatirim Ortakligi AS (AKSGY) | $29.21 Billion | 16.60% | 0.18x | $534.95 Million |
| Alarko Gayrimenkul Yatirim Ortakligi AS (ALGYO) | $3.06 Billion | 41.22% | 0.01x | $21.58 Million |
| Ata Gayrimenkul Yatirim Ortakligi AS (ATAGY) | $2.63 Million | 17.61% | 0.01x | $10.82 Million |
| Dogus Gayrimenkul Yatirim Ortakligi AS (DGGYO) | $188.24 Million | 7.01% | 0.01x | $243.16 Million |
| Edip Gayrimenkul Yatirim Sanayi ve Ticaret AS (EDIP) | $6.82 Billion | 9.71% | 0.19x | $50.43 Million |
| EYG Gayrimenkul Yatirim Ortakligi A.S. (EYGYO) | $88.22 Million | 0.00% | 7.71x | $39.51 Million |
| Halk Gayrimenkul Yatirim Ortakligi AS (HLGYO) | $509.25 Million | 0.00% | 0.04x | $351.33 Million |
| Is Gayrimenkul Yatirim Ortakligi AS (ISGYO) | $39.11 Billion | 2.28% | 0.22x | $480.58 Million |
| Yapi Kredi Koray Gayrimenkul Yatirim Ortakligi AS (KGYO) | $1.22 Billion | -61.66% | 6.08x | $177.42 Million |
About Deniz Gayrimenkul Yatirim Ortakligi AS
Deniz Gayrimenkul Yatirim Ortakligi A.S. operates as a real estate investment trust in Turkey. The company engages in real estate investment and development activities. Its property portfolio consists of residential units, hotels, and commercial units in Istanbul, Ankara, and Mugla. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be … Read more