Pasifik Gayrimenkul Yatirim Ortakligi AS

IS:PSGYO Turkey REIT - Diversified
Market Cap
$331.76 Million
TL11.77 Billion TRY
Market Cap Rank
#18940 Global
#180 in Turkey
Share Price
TL2.21
Change (1 day)
+1.38%
52-Week Range
TL1.50 - TL3.75
All Time High
TL3.75
About

Pasifik Gayrimenkul Yatirim Ortakligi A.S. focuses on operating as a REIT company in Turkey. It has various mixed projects. The company is based in Ankara, Turkey.

Pasifik Gayrimenkul Yatirim Ortakligi AS (PSGYO) - Net Assets

Latest net assets as of June 2025: TL26.98 Billion TRY

Based on the latest financial reports, Pasifik Gayrimenkul Yatirim Ortakligi AS (PSGYO) has net assets worth TL26.98 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 (TL64.03 Billion) and total liabilities (TL37.05 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 TL26.98 Billion
% of Total Assets 42.13%
Annual Growth Rate N/A
5-Year Change N/A
10-Year Change N/A
Growth Volatility 95.0

Pasifik Gayrimenkul Yatirim Ortakligi AS - Net Assets Trend (2020–2024)

This chart illustrates how Pasifik 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 Pasifik Gayrimenkul Yatirim Ortakligi AS (2020–2024)

The table below shows the annual net assets of Pasifik Gayrimenkul Yatirim Ortakligi AS from 2020 to 2024.

Year Net Assets Change
2024-12-31 TL17.71 Billion +37.02%
2023-12-31 TL12.93 Billion +176.25%
2022-12-31 TL4.68 Billion +268.12%
2021-12-31 TL1.27 Billion +7132.52%
2020-12-31 TL-18.08 Million --

Equity Component Analysis

This analysis shows how different components contribute to Pasifik 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 702618467500.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL7.01 Billion 39.56%
Other Components TL10.71 Billion 60.44%
Total Equity TL17.71 Billion 100.00%

Pasifik Gayrimenkul Yatirim Ortakligi AS Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,928,039,232 to 17,714,878,056, a change of 4,786,838,824 (37.0%).
  • Net income of 2,367,879,594 contributed positively to equity growth.
  • Other factors increased equity by 2,418,959,230.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL2.37 Billion +13.37%
Other Changes TL2.42 Billion +13.65%
Total Change TL- 37.03%

Book Value vs Market Value Analysis

This analysis compares Pasifik 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: 0.60x
  • 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.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2020-12-31 TL-0.02 TL2.21 x
2021-12-31 TL1.27 TL2.21 x
2022-12-31 TL4.68 TL2.21 x
2023-12-31 TL2.69 TL2.21 x
2024-12-31 TL3.69 TL2.21 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pasifik 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): 13.37%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 468.24%
  • • Asset Turnover: 0.01x
  • • Equity Multiplier: 2.87x
  • Recent ROE (13.37%) is below the historical average (19.97%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2020 0.00% -7.37% 0.03x 0.00x TL-591.86K
2021 2.29% 3.59% 0.23x 2.80x TL-98.04 Million
2022 72.90% 205.50% 0.17x 2.04x TL2.94 Billion
2023 11.28% 54.38% 0.09x 2.35x TL165.70 Million
2024 13.37% 468.24% 0.01x 2.87x TL596.39 Million

Industry Comparison

This section compares Pasifik 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: $1,413,322,753
  • Average return on equity (ROE) among peers: 11.18%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Pasifik Gayrimenkul Yatirim Ortakligi AS (PSGYO) TL26.98 Billion 0.00% 1.37x $83.26 Million
Dogus Gayrimenkul Yatirim Ortakligi AS (DGGYO) $405.36 Million -56.56% 5.02x $225.60 Million
Deniz Gayrimenkul Yatirim Ortakligi AS (DZGYO) $32.06 Million 15.85% 0.00x $24.40 Million
Edip Gayrimenkul Yatirim Sanayi ve Ticaret AS (EDIP) $34.33 Million 0.00% 5.73x $31.20 Million
EYG Gayrimenkul Yatirim Ortakligi A.S. (EYGYO) $1.06 Billion 29.86% 2.49x $19.52 Million
Halk Gayrimenkul Yatirim Ortakligi AS (HLGYO) $3.30 Billion 11.47% 0.39x $144.86 Million
Is Gayrimenkul Yatirim Ortakligi AS (ISGYO) $951.60 Million 6.34% 0.06x $268.84 Million
Yapi Kredi Koray Gayrimenkul Yatirim Ortakligi AS (KGYO) $1.51 Billion -4.55% 3.04x $65.50 Million
Mistral Gayrimenkul Yatirim Ortakligi AS (MSGYO) $211.40 Million 72.39% 0.20x $9.84 Million
Nurol Gayrimenkul Yatirim Ortakligi AS (NUGYO) $5.27 Billion 3.30% 0.08x $29.55 Million
Pera Yatirim Holding Anonim Sirketi (PEHOL) $1.36 Billion 33.66% 0.13x $112.56 Million