Emlak Konut Gayrimenkul Yatirim Ortakligi AS
In 1953, an understanding that would pioneer a country's urbanization efforts and raise people's quality of life came to life. The successful journey of Emlak Konut, a long-established brand in the construction sector, began. Establishing environmentally friendly, modern cities that would add comfort to human life was determined as the corporate vision. With this basic purpose, Emlak Konut became… Read more
Emlak Konut Gayrimenkul Yatirim Ortakligi AS (EKGYO) - Net Assets
Latest net assets as of September 2025: TL128.85 Billion TRY
Based on the latest financial reports, Emlak Konut Gayrimenkul Yatirim Ortakligi AS (EKGYO) has net assets worth TL128.85 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 (TL297.76 Billion) and total liabilities (TL168.90 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 | TL128.85 Billion |
| % of Total Assets | 43.28% |
| Annual Growth Rate | 28.88% |
| 5-Year Change | 560.98% |
| 10-Year Change | 927.34% |
| Growth Volatility | 53.58 |
Emlak Konut Gayrimenkul Yatirim Ortakligi AS - Net Assets Trend (2008–2024)
This chart illustrates how Emlak Konut 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 Emlak Konut Gayrimenkul Yatirim Ortakligi AS (2008–2024)
The table below shows the annual net assets of Emlak Konut Gayrimenkul Yatirim Ortakligi AS from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL95.80 Billion | +67.92% |
| 2023-12-31 | TL57.05 Billion | +210.61% |
| 2022-12-31 | TL18.37 Billion | +16.65% |
| 2021-12-31 | TL15.75 Billion | +8.64% |
| 2020-12-31 | TL14.49 Billion | +5.46% |
| 2019-12-31 | TL13.74 Billion | +5.04% |
| 2018-12-31 | TL13.08 Billion | +4.96% |
| 2017-12-31 | TL12.47 Billion | +16.17% |
| 2016-12-31 | TL10.73 Billion | +15.06% |
| 2015-12-31 | TL9.33 Billion | +6.56% |
| 2014-12-31 | TL8.75 Billion | +4.76% |
| 2013-12-31 | TL8.35 Billion | +98.53% |
| 2012-12-31 | TL4.21 Billion | +10.65% |
| 2011-12-31 | TL3.80 Billion | +5.18% |
| 2010-12-31 | TL3.62 Billion | +81.12% |
| 2009-12-31 | TL2.00 Billion | +20.79% |
| 2008-12-31 | TL1.65 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Emlak Konut 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 401.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.96 Billion | 5.18% |
| Other Components | TL90.84 Billion | 94.82% |
| Total Equity | TL95.80 Billion | 100.00% |
Emlak Konut Gayrimenkul Yatirim Ortakligi AS Competitors by Market Cap
The table below lists competitors of Emlak Konut Gayrimenkul Yatirim Ortakligi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GE T&D India Limited
NSE:GET&D
|
$2.09 Billion |
|
PennyMac Financial Services Inc
F:1AC
|
$2.09 Billion |
|
Sumitomo Rubber Industries Ltd
F:108
|
$2.09 Billion |
|
Holitech Technology Co Ltd
SHE:002217
|
$2.09 Billion |
|
Henan Mingtai Al.Industrial Co Ltd
SHG:601677
|
$2.08 Billion |
|
Kinetik Holdings Inc
NYSE:KNTK
|
$2.08 Billion |
|
Shenergy Co Ltd
SHG:600642
|
$2.08 Billion |
|
Hutchison Port Holdings Trust
PINK:HUPHY
|
$2.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Emlak Konut Gayrimenkul Yatirim Ortakligi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 57,053,551,000 to 95,803,122,000, a change of 38,749,571,000 (67.9%).
- Net income of 13,197,381,000 contributed positively to equity growth.
- Other factors increased equity by 25,552,190,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL13.20 Billion | +13.78% |
| Other Changes | TL25.55 Billion | +26.67% |
| Total Change | TL- | 67.92% |
Book Value vs Market Value Analysis
This analysis compares Emlak Konut 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: 0.77x
- 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 5.94x to 0.77x 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 | TL3.40 | TL20.16 | x |
| 2018-12-31 | TL3.56 | TL20.16 | x |
| 2019-12-31 | TL3.74 | TL20.16 | x |
| 2020-12-31 | TL3.96 | TL20.16 | x |
| 2021-12-31 | TL4.30 | TL20.16 | x |
| 2022-12-31 | TL5.02 | TL20.16 | x |
| 2023-12-31 | TL15.58 | TL20.16 | x |
| 2024-12-31 | TL26.17 | TL20.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Emlak Konut 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): 13.78%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 41.37%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 2.14x
- Recent ROE (13.78%) is above the historical average (9.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 12.97% | 33.01% | 0.20x | 1.97x | TL107.46 Million |
| 2011 | 6.00% | 23.90% | 0.13x | 1.98x | TL-151.97 Million |
| 2012 | 12.44% | 43.00% | 0.14x | 1.99x | TL102.63 Million |
| 2013 | 12.70% | 41.74% | 0.19x | 1.61x | TL225.18 Million |
| 2014 | 10.91% | 43.25% | 0.15x | 1.71x | TL79.27 Million |
| 2015 | 10.22% | 53.31% | 0.11x | 1.79x | TL20.07 Million |
| 2016 | 16.41% | 50.96% | 0.18x | 1.74x | TL688.26 Million |
| 2017 | 14.09% | 45.06% | 0.19x | 1.65x | TL509.54 Million |
| 2018 | 9.69% | 32.42% | 0.17x | 1.78x | TL-40.45 Million |
| 2019 | 5.66% | 13.83% | 0.23x | 1.76x | TL-596.08 Million |
| 2020 | 5.77% | 18.13% | 0.16x | 1.98x | TL-613.26 Million |
| 2021 | 8.46% | 19.77% | 0.22x | 1.95x | TL-242.37 Million |
| 2022 | 16.32% | 36.90% | 0.17x | 2.56x | TL1.16 Billion |
| 2023 | -10.31% | -14.30% | 0.34x | 2.13x | TL-11.59 Billion |
| 2024 | 13.78% | 41.37% | 0.16x | 2.14x | TL3.62 Billion |
Industry Comparison
This section compares Emlak Konut Gayrimenkul Yatirim Ortakligi AS's net assets metrics with peer companies in the REIT - Residential industry.
Industry Context
- Industry: REIT - Residential
- Average net assets among peers: $1,814,364,402
- Average return on equity (ROE) among peers: 13.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Emlak Konut Gayrimenkul Yatirim Ortakligi AS (EKGYO) | TL128.85 Billion | 12.97% | 1.31x | $2.09 Billion |
| Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi (ADGYO) | $5.06 Billion | 17.18% | 0.01x | $56.35 Million |
| Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi (FZLGY) | $2.73 Billion | 9.03% | 1.22x | $146.73 Million |
| Idealist Gayrimenkul Yatirim Ortakligi AS (IDGYO) | $333.68 Million | -2.67% | 0.84x | $9.61 Million |
| Korfez Gayrimenkul Yatirim (KRGYO) | $85.29 Million | 42.96% | 0.48x | $6.54 Million |
| Sinpas Gayrimenkul Yatirim Ortakligi AS (SNGYO) | $863.09 Million | 0.00% | 0.56x | $186.54 Million |