Is Gayrimenkul Yatirim Ortakligi AS

IS:ISGYO Turkey REIT - Diversified
Market Cap
$573.16 Million
TL20.33 Billion TRY
Market Cap Rank
#13363 Global
#83 in Turkey
Share Price
TL21.20
Change (1 day)
+2.02%
52-Week Range
TL14.36 - TL24.48
All Time High
TL24.48
About

Is Gayrimenkul Yatirim Ortakligi Anonim Sirketi (the Company) was established on 6 August 1999 by Is Gayrimenkul Yatirim ve Proje Degerlendirme Anonim Sirketi taking over all assets and liabilities of Is Gayrimenkul Yatirim ve Proje Degerlendirme Anonim Sirketi and Merkez Gayrimenkul Yatirim ve Proje Degerlendirme Anonim Sirketi, both of which operated separately and were established in 1998. The… Read more

Is Gayrimenkul Yatirim Ortakligi AS (ISGYO) - Net Assets

Latest net assets as of June 2025: TL46.01 Billion TRY

Based on the latest financial reports, Is Gayrimenkul Yatirim Ortakligi AS (ISGYO) has net assets worth TL46.01 Billion TRY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL52.75 Billion) and total liabilities (TL6.74 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 TL46.01 Billion
% of Total Assets 87.23%
Annual Growth Rate 21.74%
5-Year Change 846.76%
10-Year Change 1301.47%
Growth Volatility 42.89

Is Gayrimenkul Yatirim Ortakligi AS - Net Assets Trend (2003–2024)

This chart illustrates how Is 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 Is Gayrimenkul Yatirim Ortakligi AS (2003–2024)

The table below shows the annual net assets of Is Gayrimenkul Yatirim Ortakligi AS from 2003 to 2024.

Year Net Assets Change
2024-12-31 TL39.11 Billion +44.67%
2023-12-31 TL27.03 Billion +94.20%
2022-12-31 TL13.92 Billion +154.22%
2021-12-31 TL5.48 Billion +32.55%
2020-12-31 TL4.13 Billion +7.01%
2019-12-31 TL3.86 Billion +8.53%
2018-12-31 TL3.56 Billion +8.42%
2017-12-31 TL3.28 Billion +3.77%
2016-12-31 TL3.16 Billion +13.28%
2015-12-31 TL2.79 Billion +130.35%
2014-12-31 TL1.21 Billion +4.79%
2013-12-31 TL1.16 Billion +8.06%
2012-12-31 TL1.07 Billion +3.42%
2011-12-31 TL1.03 Billion +4.49%
2010-12-31 TL990.02 Million +4.04%
2009-12-31 TL951.60 Million +4.14%
2008-12-31 TL913.80 Million +3.46%
2007-12-31 TL883.21 Million +6.63%
2006-12-31 TL828.27 Million +4.12%
2005-12-31 TL795.52 Million +2.14%
2004-12-31 TL778.84 Million +23.95%
2003-12-31 TL628.35 Million --

Equity Component Analysis

This analysis shows how different components contribute to Is 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 1678346312900.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL16.78 Billion 42.91%
Other Components TL22.33 Billion 57.09%
Total Equity TL39.11 Billion 100.00%

Is Gayrimenkul Yatirim Ortakligi AS Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 27,033,160,346 to 39,110,049,089, a change of 12,076,888,743 (44.7%).
  • Net income of 892,029,688 contributed positively to equity growth.
  • Other factors increased equity by 11,184,859,055.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL892.03 Million +2.28%
Other Changes TL11.18 Billion +28.6%
Total Change TL- 44.67%

Book Value vs Market Value Analysis

This analysis compares Is 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: 0.52x
  • 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 6.20x to 0.52x 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 TL3.42 TL21.20 x
2018-12-31 TL3.71 TL21.20 x
2019-12-31 TL4.03 TL21.20 x
2020-12-31 TL4.31 TL21.20 x
2021-12-31 TL5.71 TL21.20 x
2022-12-31 TL14.52 TL21.20 x
2023-12-31 TL28.20 TL21.20 x
2024-12-31 TL40.79 TL21.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Is 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): 2.28%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 22.04%
  • • Asset Turnover: 0.08x
  • • Equity Multiplier: 1.22x
  • Recent ROE (2.28%) is below the historical average (10.82%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 5.20% 55.69% 0.09x 1.03x TL-30.13 Million
2004 2.47% 27.08% 0.09x 1.03x TL-58.65 Million
2005 4.29% 55.74% 0.07x 1.06x TL-45.46 Million
2006 5.89% 47.10% 0.12x 1.07x TL-34.08 Million
2007 6.22% 26.58% 0.23x 1.02x TL-33.38 Million
2008 5.81% 61.32% 0.09x 1.06x TL-38.29 Million
2009 6.34% 54.96% 0.11x 1.06x TL-34.86 Million
2010 6.15% 52.79% 0.11x 1.11x TL-38.08 Million
2011 6.47% 47.83% 0.12x 1.12x TL-36.49 Million
2012 6.11% 45.78% 0.10x 1.30x TL-41.58 Million
2013 10.05% 30.34% 0.23x 1.44x TL548.40K
2014 7.16% 32.53% 0.14x 1.54x TL-34.38 Million
2015 19.92% 250.42% 0.05x 1.48x TL276.87 Million
2016 13.30% 103.95% 0.08x 1.55x TL104.38 Million
2017 5.49% 40.93% 0.08x 1.62x TL-148.10 Million
2018 9.60% 31.10% 0.21x 1.47x TL-14.08 Million
2019 7.70% 24.65% 0.21x 1.48x TL-88.63 Million
2020 6.45% 48.22% 0.11x 1.26x TL-146.59 Million
2021 24.29% 272.20% 0.07x 1.22x TL782.35 Million
2022 60.09% 1217.61% 0.04x 1.25x TL6.97 Billion
2023 16.72% 273.88% 0.05x 1.23x TL1.82 Billion
2024 2.28% 22.04% 0.08x 1.22x TL-3.02 Billion

Industry Comparison

This section compares Is 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: $5,480,003,321,471
  • Average return on equity (ROE) among peers: 10.87%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Is Gayrimenkul Yatirim Ortakligi AS (ISGYO) TL46.01 Billion 5.20% 0.15x $271.40 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
EYG Gayrimenkul Yatirim Ortakligi A.S. (EYGYO) $1.30 Billion 18.63% 0.60x $18.10 Million
Halk Gayrimenkul Yatirim Ortakligi AS (HLGYO) $2.28 Billion 17.35% 0.15x $145.70 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