Financials Körfez Gayrimenkul Yatirim Ortakligi

Equities

KRGYO

TREKRFZ00016

Real Estate Development & Operations

Market Closed - Borsa Istanbul 08:39:35 14/06/2024 pm IST 5-day change 1st Jan Change
25.62 TRY -1.39% Intraday chart for Körfez Gayrimenkul Yatirim Ortakligi -1.23% -14.60%

Valuation

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Capitalization 1 80.52 157.7 382.8 519.4 618.4 1,980
Enterprise Value (EV) 1 61.89 130.1 351.1 473.8 548.7 1,844
P/E ratio 17.3 x 11.8 x 61 x 21.3 x 4.8 x 14.6 x
Yield - - - - - -
Capitalization / Revenue 4.41 x 13.7 x 17.8 x 18.4 x 13.1 x 23 x
EV / Revenue 3.39 x 11.3 x 16.3 x 16.8 x 11.6 x 21.4 x
EV / EBITDA 24.1 x 45.5 x 129 x 65.2 x 32.1 x 10.9 x
EV / FCF 4.85 x 30.7 x 16.4 x 32.7 x 31.5 x 365 x
FCF Yield 20.6% 3.26% 6.09% 3.06% 3.17% 0.27%
Price to Book 0.8 x 1.39 x 3.19 x 3.6 x 2.27 x 2.52 x
Nbr of stocks (in thousands) 66,000 66,000 66,000 66,000 66,000 66,000
Reference price 2 1.220 2.390 5.800 7.870 9.370 30.00
Announcement Date 28/02/19 17/02/20 01/03/21 16/02/22 06/02/23 22/03/24
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 18.26 11.55 21.51 28.19 47.3 86.15
EBITDA 1 2.569 2.857 2.718 7.271 17.1 169.1
EBIT 1 2.548 2.832 2.706 7.143 16.82 168.2
Operating Margin 13.95% 24.51% 12.58% 25.34% 35.57% 195.28%
Earnings before Tax (EBT) 1 4.657 13.42 6.278 24.4 128.8 135.5
Net income 1 4.657 13.42 6.278 24.4 128.8 135.5
Net margin 25.5% 116.17% 29.19% 86.58% 272.31% 157.33%
EPS 2 0.0706 0.2033 0.0951 0.3697 1.952 2.054
Free Cash Flow 1 12.77 4.242 21.39 14.49 17.4 5.053
FCF margin 69.92% 36.72% 99.47% 51.42% 36.78% 5.87%
FCF Conversion (EBITDA) 497.02% 148.47% 787.18% 199.31% 101.74% 2.99%
FCF Conversion (Net income) 274.2% 31.61% 340.79% 59.39% 13.51% 3.73%
Dividend per Share - - - - - -
Announcement Date 28/02/19 17/02/20 01/03/21 16/02/22 06/02/23 22/03/24
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 - - - - - -
Net Cash position 1 18.6 27.7 31.7 45.6 69.7 136
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 12.8 4.24 21.4 14.5 17.4 5.05
ROE (net income / shareholders' equity) 4.75% 12.5% 5.37% 18.5% 61.8% 18.8%
ROA (Net income/ Total Assets) 1.48% 1.53% 1.17% 2.54% 4.27% 13.5%
Assets 1 315.3 878.3 537.9 960.6 3,018 1,006
Book Value Per Share 2 1.520 1.720 1.820 2.190 4.130 11.90
Cash Flow per Share 2 0.0200 0.1200 0.0100 0.0300 0.3500 0.7500
Capex 1 0.01 - 0.02 1.35 0.01 -
Capex / Sales 0.04% - 0.08% 4.77% 0.02% -
Announcement Date 28/02/19 17/02/20 01/03/21 16/02/22 06/02/23 22/03/24
1TRY in Million2TRY
Estimates
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