Financials Halk Gayrimenkul Yatirim Ortakligi

Equities

HLGYO

TREHLGY00016

Real Estate Development & Operations

Market Closed - Borsa Istanbul 08:39:58 25/06/2024 pm IST 5-day change 1st Jan Change
2.98 TRY -1.32% Intraday chart for Halk Gayrimenkul Yatirim Ortakligi -0.33% -19.02%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 600.6 1,132 3,114 2,377 10,283 6,054
Enterprise Value (EV) 1 886.4 1,491 3,545 3,337 11,533 9,767
P/E ratio 1.52 x 3.52 x 8.83 x 6.28 x 1.56 x 2.34 x
Yield - - 0.16% - 0.07% -
Capitalization / Revenue 1.88 x 8.71 x 6.67 x 22.7 x 62.2 x 3.83 x
EV / Revenue 2.78 x 11.5 x 7.59 x 31.9 x 69.8 x 6.19 x
EV / EBITDA 8.83 x 21.2 x 9.44 x 70.8 x 126 x 18.5 x
EV / FCF -16.4 x 19.6 x 9.47 x -35 x 14.7 x -5.93 x
FCF Yield -6.1% 5.1% 10.6% -2.85% 6.8% -16.9%
Price to Book 0.26 x 0.43 x 1.03 x 0.7 x 0.96 x 0.29 x
Nbr of stocks (in thousands) 10,96,666 10,96,666 10,96,666 10,96,667 16,45,000 16,45,000
Reference price 2 0.5477 1.032 2.839 2.167 6.251 3.680
Announcement Date 14/02/19 14/02/20 15/02/21 14/02/22 18/02/23 17/05/24
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 319.2 130 467 104.6 165.3 1,579
EBITDA 1 100.4 70.23 375.6 47.15 91.78 527.4
EBIT 1 100.2 69.28 372.9 45.01 90.37 523.5
Operating Margin 31.39% 53.3% 79.86% 43.03% 54.68% 33.16%
Earnings before Tax (EBT) 1 394.8 321.4 352.5 378.6 6,604 2,610
Net income 1 394.8 321.4 352.5 378.6 6,602 2,585
Net margin 123.7% 247.28% 75.47% 361.92% 3,994.66% 163.75%
EPS 2 0.3600 0.2931 0.3214 0.3452 4.014 1.571
Free Cash Flow 1 -54.07 76.11 374.4 -95.26 784.4 -1,646
FCF margin -16.94% 58.55% 80.17% -91.07% 474.6% -104.28%
FCF Conversion (EBITDA) - 108.38% 99.68% - 854.73% -
FCF Conversion (Net income) - 23.68% 106.22% - 11.88% -
Dividend per Share - - 0.004600 - 0.004600 -
Announcement Date 14/02/19 14/02/20 15/02/21 14/02/22 18/02/23 17/05/24
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 286 359 432 961 1,249 3,713
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.848 x 5.114 x 1.149 x 20.37 x 13.61 x 7.041 x
Free Cash Flow 1 -54.1 76.1 374 -95.3 784 -1,646
ROE (net income / shareholders' equity) 19% 13.3% 12.8% 12.2% 96.2% 13.7%
ROA (Net income/ Total Assets) 2.5% 1.53% 7.11% 0.7% 0.6% 1.25%
Assets 1 15,776 21,052 4,955 54,453 11,03,896 2,07,234
Book Value Per Share 2 2.130 2.420 2.750 3.100 6.480 12.50
Cash Flow per Share 2 0.0300 0.0700 0.0500 0.0500 0.2900 0.0500
Capex 1 0.68 0.17 0.58 1.86 2.35 2.11
Capex / Sales 0.21% 0.13% 0.12% 1.77% 1.42% 0.13%
Announcement Date 14/02/19 14/02/20 15/02/21 14/02/22 18/02/23 17/05/24
1TRY in Million2TRY
Estimates
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