Kiler Gayrimenkul Yatirim Ortakligi AS

IS:KLGYO Turkey REIT - Diversified
Market Cap
$229.34 Million
TL8.13 Billion TRY
Market Cap Rank
#14723 Global
#97 in Turkey
Share Price
TL5.83
Change (1 day)
+1.92%
52-Week Range
TL4.22 - TL7.93
All Time High
TL7.93
About

Kiler Gayrimenkul Yatirim Ortakligi A.S. operates as a real estate investment trust in Turkey. The company engages in the development of residential and commercial real estate projects. It also provides property management services. The company was formerly known as Biskon Yapi A.S. and changed its name to Kiler Gayrimenkul Yatirim Ortakligi A.S. in February 2008. Kiler Gayrimenkul Yatirim Ortakl… Read more

Kiler Gayrimenkul Yatirim Ortakligi AS (KLGYO) - Net Assets

Latest net assets as of June 2025: TL21.28 Billion TRY

Based on the latest financial reports, Kiler Gayrimenkul Yatirim Ortakligi AS (KLGYO) has net assets worth TL21.28 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 (TL29.19 Billion) and total liabilities (TL7.91 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 TL21.28 Billion
% of Total Assets 72.91%
Annual Growth Rate 39.05%
5-Year Change 1429.77%
10-Year Change 2348.02%
Growth Volatility 70.46

Kiler Gayrimenkul Yatirim Ortakligi AS - Net Assets Trend (2008–2024)

This chart illustrates how Kiler 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 Kiler Gayrimenkul Yatirim Ortakligi AS (2008–2024)

The table below shows the annual net assets of Kiler Gayrimenkul Yatirim Ortakligi AS from 2008 to 2024.

Year Net Assets Change
2024-12-31 TL18.58 Billion +51.36%
2023-12-31 TL12.28 Billion +109.94%
2022-12-31 TL5.85 Billion +231.97%
2021-12-31 TL1.76 Billion +45.02%
2020-12-31 TL1.21 Billion +66.50%
2019-12-31 TL729.57 Million -38.03%
2018-12-31 TL1.18 Billion +6.74%
2017-12-31 TL1.10 Billion +39.64%
2016-12-31 TL789.82 Million +4.05%
2015-12-31 TL759.07 Million +156.42%
2014-12-31 TL296.03 Million -0.01%
2013-12-31 TL296.06 Million -3.66%
2012-12-31 TL307.30 Million +15.18%
2011-12-31 TL266.81 Million +144.93%
2010-12-31 TL108.93 Million +16.26%
2009-12-31 TL93.70 Million -1.48%
2008-12-31 TL95.10 Million --

Equity Component Analysis

This analysis shows how different components contribute to Kiler 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 896853200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL8.97 Billion 48.26%
Other Components TL9.61 Billion 51.74%
Total Equity TL18.58 Billion 100.00%

Kiler Gayrimenkul Yatirim Ortakligi AS Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,276,704,000 to 18,582,162,000, a change of 6,305,458,000 (51.4%).
  • Net income of 857,759,000 contributed positively to equity growth.
  • Other factors increased equity by 5,447,699,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL857.76 Million +4.62%
Other Changes TL5.45 Billion +29.32%
Total Change TL- 51.36%

Book Value vs Market Value Analysis

This analysis compares Kiler 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: 0.44x
  • 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 2.32x to 0.44x 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 TL2.51 TL5.83 x
2018-12-31 TL2.68 TL5.83 x
2019-12-31 TL1.66 TL5.83 x
2020-12-31 TL1.96 TL5.83 x
2021-12-31 TL0.98 TL5.83 x
2022-12-31 TL4.19 TL5.83 x
2023-12-31 TL8.80 TL5.83 x
2024-12-31 TL13.32 TL5.83 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kiler 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): 4.62%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.84%
  • • Asset Turnover: 0.34x
  • • Equity Multiplier: 1.36x
  • Recent ROE (4.62%) is below the historical average (10.08%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 20.31% 19.64% 0.61x 1.69x TL27.52 Million
2012 13.18% 40.56% 0.20x 1.64x TL9.77 Million
2014 -0.02% -0.09% 0.11x 1.97x TL-29.66 Million
2015 6.40% 151.62% 0.03x 1.53x TL-27.35 Million
2016 3.89% 208.75% 0.01x 1.76x TL-48.23 Million
2017 28.39% 84.71% 0.19x 1.76x TL202.80 Million
2018 12.25% 142.24% 0.05x 1.86x TL26.50 Million
2019 -61.36% -59.90% 0.53x 1.93x TL-520.60 Million
2020 -1.06% -4.80% 0.15x 1.52x TL-134.38 Million
2021 31.08% 104.43% 0.18x 1.70x TL371.28 Million
2022 56.67% 321.79% 0.11x 1.59x TL2.73 Billion
2023 16.67% 604.66% 0.02x 1.69x TL819.00 Million
2024 4.62% 9.84% 0.34x 1.36x TL-1.00 Billion

Industry Comparison

This section compares Kiler 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: $5,482,974,113,731
  • Average return on equity (ROE) among peers: 12.73%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Kiler Gayrimenkul Yatirim Ortakligi AS (KLGYO) TL21.28 Billion 20.31% 0.37x $212.57 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
Is Gayrimenkul Yatirim Ortakligi AS (ISGYO) $27.03 Billion 16.72% 0.23x $271.40 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