Peker Gayrimenkul Yatirim Ortakligi AS

IS:PEKGY Turkey REIT - Diversified
Market Cap
$1.92 Billion
TL68.05 Billion TRY
Market Cap Rank
#6173 Global
#25 in Turkey
Share Price
TL13.61
Change (1 day)
+1.57%
52-Week Range
TL1.28 - TL15.07
All Time High
TL37.38
About

Peker Gayrimenkul Yatirim Ortakligi Anonim Sirketi engages in the real estate investment business in Turkey, England, and Germany. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income taxes if it distributes at least 90% of its taxable income to its stockholders. The company was incorporated in 2017 … Read more

Peker Gayrimenkul Yatirim Ortakligi AS (PEKGY) - Net Assets

Latest net assets as of September 2025: TL6.76 Billion TRY

Based on the latest financial reports, Peker Gayrimenkul Yatirim Ortakligi AS (PEKGY) has net assets worth TL6.76 Billion TRY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL10.06 Billion) and total liabilities (TL3.30 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 TL6.76 Billion
% of Total Assets 67.22%
Annual Growth Rate 60.1%
5-Year Change 770.18%
10-Year Change N/A
Growth Volatility 78.59

Peker Gayrimenkul Yatirim Ortakligi AS - Net Assets Trend (2019–2024)

This chart illustrates how Peker 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 Peker Gayrimenkul Yatirim Ortakligi AS (2019–2024)

The table below shows the annual net assets of Peker Gayrimenkul Yatirim Ortakligi AS from 2019 to 2024.

Year Net Assets Change
2024-12-31 TL3.39 Billion -27.61%
2023-12-31 TL4.68 Billion +162.82%
2022-12-31 TL1.78 Billion +67.07%
2021-12-31 TL1.07 Billion +173.78%
2020-12-31 TL389.01 Million +20.99%
2019-12-31 TL321.51 Million --

Equity Component Analysis

This analysis shows how different components contribute to Peker 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 1070.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL2.91 Billion 91.33%
Other Components TL275.88 Million 8.67%
Total Equity TL3.18 Billion 100.00%

Peker Gayrimenkul Yatirim Ortakligi AS Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 4,372,979,931 to 3,182,205,512, a change of -1,190,774,419 (-27.2%).
  • Net income of 105,822,505 contributed positively to equity growth.
  • Share repurchases of 56,914,754 reduced equity.
  • Other factors decreased equity by 1,239,682,170.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL105.82 Million +3.33%
Share Repurchases TL56.91 Million -1.79%
Other Changes TL-1.24 Billion -38.96%
Total Change TL- -27.23%

Book Value vs Market Value Analysis

This analysis compares Peker 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: 13.69x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 12.36x to 13.69x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-12-31 TL1.10 TL13.61 x
2020-12-31 TL1.33 TL13.61 x
2021-12-31 TL1.59 TL13.61 x
2022-12-31 TL2.66 TL13.61 x
2023-12-31 TL1.37 TL13.61 x
2024-12-31 TL0.99 TL13.61 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Peker 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): 3.33%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 74.84%
  • • Asset Turnover: 0.02x
  • • Equity Multiplier: 2.54x
  • Recent ROE (3.33%) is below the historical average (17.43%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 -0.34% -1.29% 0.16x 1.69x TL-33.25 Million
2020 17.33% 61.17% 0.22x 1.31x TL28.53 Million
2021 28.42% 486.15% 0.05x 1.15x TL196.22 Million
2022 20.24% 248.63% 0.07x 1.12x TL182.28 Million
2023 35.57% 120.20% 0.14x 2.10x TL1.12 Billion
2024 3.33% 74.84% 0.02x 2.54x TL-212.40 Million

Industry Comparison

This section compares Peker 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: $4,934,706,305,358
  • Average return on equity (ROE) among peers: 11.46%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Peker Gayrimenkul Yatirim Ortakligi AS (PEKGY) TL6.76 Billion -0.34% 0.49x $1.36 Billion
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
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