Korfez Gayrimenkul Yatirim Net Assets

Latest as of March 2026: TL2.60 Billion TRY ≈ $58.14 Million USD

Korfez Gayrimenkul Yatirim net assets. Based on the latest financial reports, Korfez Gayrimenkul Yatirim (KRGYO) has net assets worth TL2.60 Billion TRY (≈ $58.14 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL3.04 Billion ≈ $67.99 Million USD) and total liabilities (TL439.80 Million ≈ $9.85 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. Also explore Korfez Gayrimenkul Yatirim (KRGYO) net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	TL2.60 Billion
% of Total Assets	85.51%
Annual Growth Rate	35.51%
5-Year Change	1567.52%
10-Year Change	2723.04%
Growth Volatility	51.37

Net Assets of Korfez Gayrimenkul Yatirim (2010–2025)

Net assets of Korfez Gayrimenkul Yatirim from 2010 to 2025. This chart illustrates how Korfez Gayrimenkul Yatirim's net assets have evolved over time, based on quarterly financial data. See KRGYO net asset quality index to measure how much of total assets are equity-financed.

Annual Net Assets for Korfez Gayrimenkul Yatirim (2010–2025)

The table below shows the annual net assets of Korfez Gayrimenkul Yatirim from 2010 to 2025. For live market cap and overall valuation, see market cap of Korfez Gayrimenkul Yatirim.

Year	Net Assets	Change
2025-12-31	TL2.41 Billion ≈ $53.93 Million	+52.91%
2024-12-31	TL1.57 Billion ≈ $35.27 Million	+100.05%
2023-12-31	TL787.13 Million ≈ $17.63 Million	+188.69%
2022-12-31	TL272.65 Million ≈ $6.11 Million	+88.83%
2021-12-31	TL144.39 Million ≈ $3.23 Million	+20.31%
2020-12-31	TL120.02 Million ≈ $2.69 Million	+5.42%
2019-12-31	TL113.84 Million ≈ $2.55 Million	+13.34%
2018-12-31	TL100.45 Million ≈ $2.25 Million	+4.86%
2017-12-31	TL95.80 Million ≈ $2.15 Million	+12.32%
2016-12-31	TL85.29 Million ≈ $1.91 Million	+75.31%
2015-12-31	TL48.65 Million ≈ $1.09 Million	-1.66%
2014-12-31	TL49.47 Million ≈ $1.11 Million	+56.28%
2013-12-31	TL31.66 Million ≈ $708.99K	-1.19%
2012-12-31	TL32.04 Million ≈ $717.52K	-6.86%
2011-12-31	TL34.40 Million ≈ $770.38K	+36.30%
2010-12-31	TL25.24 Million ≈ $565.22K	--

Equity Component Analysis

This analysis shows how different components contribute to Korfez Gayrimenkul Yatirim'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 21485857200.0% over the analyzed period, indicating profitable operations and earnings retention.

Korfez Gayrimenkul Yatirim Net Assets Breakdown (December 2025)

Korfez Gayrimenkul Yatirim net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	TL214.86 Million	8.92%
Other Components	TL2.19 Billion	91.08%
Total Equity	TL2.41 Billion	100.00%

Korfez Gayrimenkul Yatirim Competitors by Market Cap

The table below lists competitors of Korfez Gayrimenkul Yatirim ranked by their market capitalization.

Company	Market Cap
Orior AG SW:ORON	$73.85 Million
EXA E&C Inc KQ:054940	$73.85 Million
Pharol SGPS SA LS:PHR	$73.88 Million
Howteh Technology Co Ltd TWO:3114	$73.89 Million
Qualicorp Consultoria e Corretora de Seguros S.A SA:QUAL3	$73.82 Million
Ganesh Benzoplast Limited NSE:GANESHBE	$73.81 Million
Charoong Thai Wire and Cable Public Company Limited BK:CTW	$73.79 Million
Macrogen Inc KQ:038290	$73.75 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,574,612,124 to 2,407,783,039, a change of 833,170,915 (52.9%).
Net income of 142,229,405 contributed positively to equity growth.
New share issuances of 690,894,114 increased equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	TL142.23 Million	+5.91%
Share Issuances	TL690.89 Million	+28.69%
Other Changes	TL47.40K	+0.0%
Total Change	TL-	52.91%

Book Value vs Market Value Analysis

This analysis compares Korfez Gayrimenkul Yatirim'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: 1.37x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 2.29x to 1.37x 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	TL1.45	TL3.33	x
2018-12-31	TL1.52	TL3.33	x
2019-12-31	TL1.72	TL3.33	x
2020-12-31	TL1.82	TL3.33	x
2021-12-31	TL2.19	TL3.33	x
2022-12-31	TL4.13	TL3.33	x
2023-12-31	TL11.93	TL3.33	x
2024-12-31	TL1.96	TL3.33	x
2025-12-31	TL2.43	TL3.33	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Korfez Gayrimenkul Yatirim 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): 5.91%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 44.83%
• Asset Turnover: 0.11x
• Equity Multiplier: 1.15x
Recent ROE (5.91%) is below the historical average (14.48%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	-0.77%	-12.31%	0.04x	1.68x	TL-5.33 Million
2015	-1.57%	-39.28%	0.02x	2.12x	TL-5.63 Million
2016	42.96%	46.79%	0.62x	1.48x	TL28.11 Million
2017	10.97%	15.08%	0.65x	1.12x	TL929.57K
2018	4.64%	25.50%	0.17x	1.08x	TL-5.39 Million
2019	11.79%	116.17%	0.09x	1.08x	TL2.04 Million
2020	5.23%	29.19%	0.13x	1.39x	TL-5.72 Million
2021	16.90%	86.58%	0.15x	1.28x	TL9.96 Million
2022	47.24%	272.31%	0.15x	1.13x	TL101.54 Million
2023	24.86%	154.18%	0.15x	1.07x	TL116.99 Million
2024	5.55%	39.84%	0.12x	1.17x	TL-70.07 Million
2025	5.91%	44.83%	0.11x	1.15x	TL-98.55 Million

Industry Comparison

This section compares Korfez Gayrimenkul Yatirim's net assets metrics with peer companies in the REIT - Residential industry.

Industry Context

Industry: REIT - Residential
Average net assets among peers: $4,426,417,811
Average return on equity (ROE) among peers: -3.62%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Korfez Gayrimenkul Yatirim (KRGYO)	TL2.60 Billion	-0.77%	0.17x	$73.84 Million
Emlak Konut Gayrimenkul Yatirim Ortakligi AS (EKGYO)	$13.08 Billion	9.69%	0.78x	$1.36 Billion
Idealist Gayrimenkul Yatirim Ortakligi AS (IDGYO)	$14.44 Million	49.19%	1.07x	$4.97 Million
Ozderici Gayrimenkul Yatirim Ortakligi AS (OZGYO)	$4.26 Billion	-17.21%	0.15x	$30.24 Million
Sinpas Gayrimenkul Yatirim Ortakligi AS (SNGYO)	$350.56 Million	-56.16%	13.32x	$199.62 Million

About Korfez Gayrimenkul Yatirim

IS:KRGYO Turkey REIT - Residential

Market Cap

$73.84 Million

TL3.30 Billion TRY

Market Cap Rank

#20192 Global

#240 in Turkey

Share Price

TL3.33

Change (1 day)

-2.63%

52-Week Range

TL2.48 - TL3.73

All Time High

TL57.50