EYG Gayrimenkul Yatirim Ortakligi A.S.
Eyg Gayrimenkul Yatirim Ortakligi A.S. operates as a real estate investment trust. The company was founded in 2014 and is based in Istanbul, Turkey.
EYG Gayrimenkul Yatirim Ortakligi A.S. (EYGYO) - Net Assets
Latest net assets as of June 2024: TL1.63 Billion TRY
Based on the latest financial reports, EYG Gayrimenkul Yatirim Ortakligi A.S. (EYGYO) has net assets worth TL1.63 Billion TRY as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL2.39 Billion) and total liabilities (TL758.51 Million). 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 | TL1.63 Billion |
| % of Total Assets | 68.27% |
| Annual Growth Rate | 284.44% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 540.55 |
EYG Gayrimenkul Yatirim Ortakligi A.S. - Net Assets Trend (2021–2023)
This chart illustrates how EYG Gayrimenkul Yatirim Ortakligi A.S.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for EYG Gayrimenkul Yatirim Ortakligi A.S. (2021–2023)
The table below shows the annual net assets of EYG Gayrimenkul Yatirim Ortakligi A.S. from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL1.30 Billion | +22.56% |
| 2022-12-31 | TL1.06 Billion | +1103.67% |
| 2021-12-31 | TL88.22 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EYG Gayrimenkul Yatirim Ortakligi A.S.'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 2339.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL687.40 Million | 52.82% |
| Other Components | TL614.11 Million | 47.18% |
| Total Equity | TL1.30 Billion | 100.00% |
EYG Gayrimenkul Yatirim Ortakligi A.S. Competitors by Market Cap
The table below lists competitors of EYG Gayrimenkul Yatirim Ortakligi A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MDX Public Company Limited
BK:MDX
|
$18.10 Million |
|
SEAFIRE CAPITAL SK 10
F:OJ3
|
$18.10 Million |
|
GTPL Hathway Limited
NSE:GTPL
|
$18.10 Million |
|
Hengdeli Holdings Limited
OTCGREY:HENGF
|
$18.11 Million |
|
C-Com Satellite Systems Inc
OTCQB:CYSNF
|
$18.10 Million |
|
Sunsweet Public Company Limited
BK:SUN
|
$18.08 Million |
|
Innovate Corp
NYSE:VATE
|
$18.08 Million |
|
Fang Holdings Ltd
NYSE:SFUNY
|
$18.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EYG Gayrimenkul Yatirim Ortakligi A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,061,906,314 to 1,301,507,134, a change of 239,600,820 (22.6%).
- Net income of 242,499,674 contributed positively to equity growth.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL242.50 Million | +18.63% |
| Other Changes | TL-2.90 Million | -0.22% |
| Total Change | TL- | 22.56% |
Book Value vs Market Value Analysis
This analysis compares EYG Gayrimenkul Yatirim Ortakligi A.S.'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: 0.45x
- 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 2.73x to 0.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | TL1.07 | TL2.92 | x |
| 2022-12-31 | TL12.87 | TL2.92 | x |
| 2023-12-31 | TL6.51 | TL2.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EYG Gayrimenkul Yatirim Ortakligi A.S. 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): 18.63%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.32%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.60x
- Recent ROE (18.63%) is below the historical average (24.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 29.86% | 222.62% | 0.04x | 3.49x | TL210.94 Million |
| 2023 | 18.63% | 17.32% | 0.67x | 1.60x | TL112.35 Million |
Industry Comparison
This section compares EYG Gayrimenkul Yatirim Ortakligi A.S.'s net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $5,482,862,394,050
- Average return on equity (ROE) among peers: 10.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EYG Gayrimenkul Yatirim Ortakligi A.S. (EYGYO) | TL1.63 Billion | 29.86% | 0.46x | $18.10 Million |
| Dogus Gayrimenkul Yatirim Ortakligi AS (DGGYO) | $49.30 Trillion | 15.41% | 0.00x | $225.44 Million |
| Deniz Gayrimenkul Yatirim Ortakligi AS (DZGYO) | $3.64 Billion | 2.73% | 0.02x | $23.99 Million |
| Edip Gayrimenkul Yatirim Sanayi ve Ticaret AS (EDIP) | $4.70 Billion | 19.87% | 0.32x | $31.67 Million |
| Halk Gayrimenkul Yatirim Ortakligi AS (HLGYO) | $2.28 Billion | 17.35% | 0.15x | $145.70 Million |
| Is Gayrimenkul Yatirim Ortakligi AS (ISGYO) | $27.03 Billion | 16.72% | 0.23x | $271.40 Million |
| Kiler Gayrimenkul Yatirim Ortakligi AS (KLGYO) | $296.03 Million | -0.02% | 0.97x | $212.57 Million |
| Mistral Gayrimenkul Yatirim Ortakligi AS (MSGYO) | $209.71 Million | 2.91% | 0.13x | $9.23 Million |
| Nurol Gayrimenkul Yatirim Ortakligi AS (NUGYO) | $5.27 Billion | 3.30% | 0.08x | $29.84 Million |
| Ozak Gayrimenkul Yatirim Ortakligi AS (OZKGY) | $3.49 Billion | 17.67% | 0.68x | $140.71 Million |