MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi

IS:MHRGY Turkey REIT - Office
Market Cap
$119.63 Million
TL4.24 Billion TRY
Market Cap Rank
#34215 Global
#520 in Turkey
Share Price
TL3.42
Change (1 day)
+0.00%
52-Week Range
TL3.25 - TL7.24
All Time High
TL7.60
About

MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi engages in real estate rental activities. The company was founded in 2021 and is based in Istanbul, Turkey.

MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi (MHRGY) - Net Assets

Latest net assets as of June 2023: TL3.02 Billion TRY

Based on the latest financial reports, MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi (MHRGY) has net assets worth TL3.02 Billion TRY as of June 2023.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL3.04 Billion) and total liabilities (TL23.13 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 TL3.02 Billion
% of Total Assets 99.24%
Annual Growth Rate 580.41%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 881.99

MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi - Net Assets Trend (2020–2022)

This chart illustrates how MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi (2020–2022)

The table below shows the annual net assets of MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi from 2020 to 2022.

Year Net Assets Change
2022-12-31 TL2.19 Billion +131.41%
2021-12-31 TL947.54 Million +1895.39%
2020-12-31 TL47.49 Million --

Equity Component Analysis

This analysis shows how different components contribute to MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi'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 22411.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2022)

Component Amount Percentage
Retained Earnings TL1.57 Billion 71.72%
Other Components TL620.00 Million 28.28%
Total Equity TL2.19 Billion 100.00%

MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi Competitors by Market Cap

The table below lists competitors of MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2021 to 2022, total equity changed from 947,536,788 to 2,192,676,036, a change of 1,245,139,248 (131.4%).
  • Net income of 1,237,282,789 contributed positively to equity growth.

Equity Change Factors (2021 to 2022)

Factor Impact Contribution
Net Income TL1.24 Billion +56.43%
Other Changes TL7.86 Million +0.36%
Total Change TL- 131.41%

Book Value vs Market Value Analysis

This analysis compares MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi'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: 1.29x
  • 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 59.56x to 1.29x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2020-12-31 TL0.06 TL3.42 x
2021-12-31 TL1.15 TL3.42 x
2022-12-31 TL2.65 TL3.42 x

Capital Efficiency Dashboard

This dashboard shows how efficiently MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi 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): 56.43%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2096.52%
  • • Asset Turnover: 0.03x
  • • Equity Multiplier: 1.01x
  • Recent ROE (56.43%) is above the historical average (-8.66%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2020 -117.06% -182.04% 0.04x 14.59x TL-60.33 Million
2021 34.66% 866.42% 0.03x 1.21x TL233.65 Million
2022 56.43% 2096.52% 0.03x 1.01x TL1.02 Billion

Industry Comparison

This section compares MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi's net assets metrics with peer companies in the REIT - Office industry.

Industry Context

  • Industry: REIT - Office
  • Average net assets among peers: $739,912,461
  • Average return on equity (ROE) among peers: 16.88%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
MHR Gayrimenkul Yatirim Ortakligi Anonim Sirketi (MHRGY) TL3.02 Billion -117.06% 0.01x $2.03 Million
TSKB Gayrimenkul Yatirim Ortakligi AS (TSGYO) $739.91 Million 16.88% 0.00x $14.32 Million