Is Gayrimenkul Yatirim Ortakligi AS (ISGYO) - Net Assets
Based on the latest financial reports, Is Gayrimenkul Yatirim Ortakligi AS (ISGYO) has net assets worth TL46.01 Billion TRY (≈ $1.03 Billion USD) 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 ≈ $1.18 Billion USD) and total liabilities (TL6.74 Billion ≈ $150.90 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 Is Gayrimenkul Yatirim Ortakligi AS (ISGYO) tangible equity ratio to evaluate the tangible quality of the company's equity base.
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. See ISGYO defensive interval ratio to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see ISGYO stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL39.11 Billion ≈ $875.96 Million |
+44.67% |
| 2023-12-31 | TL27.03 Billion ≈ $605.47 Million |
+94.20% |
| 2022-12-31 | TL13.92 Billion ≈ $311.78 Million |
+154.22% |
| 2021-12-31 | TL5.48 Billion ≈ $122.64 Million |
+32.55% |
| 2020-12-31 | TL4.13 Billion ≈ $92.52 Million |
+7.01% |
| 2019-12-31 | TL3.86 Billion ≈ $86.46 Million |
+8.53% |
| 2018-12-31 | TL3.56 Billion ≈ $79.67 Million |
+8.42% |
| 2017-12-31 | TL3.28 Billion ≈ $73.48 Million |
+3.77% |
| 2016-12-31 | TL3.16 Billion ≈ $70.81 Million |
+13.28% |
| 2015-12-31 | TL2.79 Billion ≈ $62.50 Million |
+130.35% |
| 2014-12-31 | TL1.21 Billion ≈ $27.13 Million |
+4.79% |
| 2013-12-31 | TL1.16 Billion ≈ $25.89 Million |
+8.06% |
| 2012-12-31 | TL1.07 Billion ≈ $23.96 Million |
+3.42% |
| 2011-12-31 | TL1.03 Billion ≈ $23.17 Million |
+4.49% |
| 2010-12-31 | TL990.02 Million ≈ $22.17 Million |
+4.04% |
| 2009-12-31 | TL951.60 Million ≈ $21.31 Million |
+4.14% |
| 2008-12-31 | TL913.80 Million ≈ $20.47 Million |
+3.46% |
| 2007-12-31 | TL883.21 Million ≈ $19.78 Million |
+6.63% |
| 2006-12-31 | TL828.27 Million ≈ $18.55 Million |
+4.12% |
| 2005-12-31 | TL795.52 Million ≈ $17.82 Million |
+2.14% |
| 2004-12-31 | TL778.84 Million ≈ $17.44 Million |
+23.95% |
| 2003-12-31 | TL628.35 Million ≈ $14.07 Million |
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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.
| Company | Market Cap |
|---|---|
|
Shenzhen RoadRover Technology Co Ltd
SHE:002813
|
$475.52 Million |
|
Nanjing Central Emporium Group Stocks Co Ltd
SHG:600280
|
$475.52 Million |
|
Ucore Rare Metals Inc
V:UCU
|
$475.56 Million |
|
Kforce Inc.
NYSE:KFRC
|
$475.59 Million |
|
Integrated Service Technology
TWO:3289
|
$475.26 Million |
|
Shandong Yuma Sun-shading Technology Corp. Ltd.
SHE:300993
|
$475.24 Million |
|
Baotou Dongbao Bio-Tech Co Ltd
SHE:300239
|
$475.16 Million |
|
Zhejiang Hongchang Electrical Technology Co. Ltd.
SHE:301008
|
$475.08 Million |
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: 0.54x
- 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 6.47x to 0.54x 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 | TL22.14 | x |
| 2018-12-31 | TL3.71 | TL22.14 | x |
| 2019-12-31 | TL4.03 | TL22.14 | x |
| 2020-12-31 | TL4.31 | TL22.14 | x |
| 2021-12-31 | TL5.71 | TL22.14 | x |
| 2022-12-31 | TL14.52 | TL22.14 | x |
| 2023-12-31 | TL28.20 | TL22.14 | x |
| 2024-12-31 | TL40.79 | TL22.14 | 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: $1,610,079,214
- Average return on equity (ROE) among peers: 14.36%
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 | $475.42 Million |
| Akis Gayrimenkul Yatirim Ortakligi AS (AKSGY) | $9.81 Billion | 56.69% | 0.41x | $510.61 Million |
| Alarko Gayrimenkul Yatirim Ortakligi AS (ALGYO) | $1.51 Billion | 25.75% | 0.01x | $25.96 Million |
| Ata Gayrimenkul Yatirim Ortakligi AS (ATAGY) | $28.17 Million | 2.91% | 0.04x | $13.25 Million |
| Dogus Gayrimenkul Yatirim Ortakligi AS (DGGYO) | $133.28 Million | 14.36% | 0.25x | $315.89 Million |
| Deniz Gayrimenkul Yatirim Ortakligi AS (DZGYO) | $197.15 Million | 6.26% | 0.01x | $75.79 Million |
| Edip Gayrimenkul Yatirim Sanayi ve Ticaret AS (EDIP) | $59.86 Million | 0.00% | 5.02x | $52.67 Million |
| EYG Gayrimenkul Yatirim Ortakligi A.S. (EYGYO) | $88.22 Million | 0.00% | 7.71x | $39.35 Million |
| Halk Gayrimenkul Yatirim Ortakligi AS (HLGYO) | $2.58 Billion | 12.47% | 0.18x | $549.69 Million |
| Yapi Kredi Koray Gayrimenkul Yatirim Ortakligi AS (KGYO) | $78.06 Million | 10.84% | 0.20x | $180.41 Million |
About Is Gayrimenkul Yatirim Ortakligi AS
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