Financials Ziraat Gayrimenkul Yatirim Ortakligi

Equities

ZRGYO

TREZRGY00023

Real Estate Development & Operations

Market Closed - Borsa Istanbul 16:09:35 10/05/2024 BST 5-day change 1st Jan Change
7.12 TRY +0.42% Intraday chart for Ziraat Gayrimenkul Yatirim Ortakligi -1.79% +25.57%

Valuation

Fiscal Period: December 2021 2022 2023
Capitalization 1 11,405 26,848 26,613
Enterprise Value (EV) 1 10,802 27,912 28,717
P/E ratio 7.89 x 2.45 x -
Yield 0.13% 0.09% -
Capitalization / Revenue 116 x 34.3 x 7.58 x
EV / Revenue 110 x 35.6 x 8.18 x
EV / EBITDA -327 x 90 x 5.42 x
EV / FCF 82,910,351 x 354,861,568 x 11,267,941 x
FCF Yield 0% 0% 0%
Price to Book 1.36 x 1.38 x -
Nbr of stocks (in thousands) 4,693,620 4,693,620 4,693,620
Reference price 2 2.430 5.720 5.670
Announcement Date 04/02/22 14/02/23 07/05/24
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net sales 1 46.41 44.02 144.9 98.32 783.1 3,512
EBITDA 1 40.29 65.26 44.04 -33.08 310.2 5,294
EBIT 1 40.17 65.11 43.88 -33.18 309.3 5,288
Operating Margin 86.56% 147.9% 30.27% -33.75% 39.5% 150.59%
Earnings before Tax (EBT) 1 133.2 125.2 378 1,322 10,946 4,150
Net income 1 133.2 127 377.8 1,320 10,945 4,148
Net margin 286.99% 288.53% 260.62% 1,342.79% 1,397.67% 118.13%
EPS 2 0.1025 0.0977 0.1317 0.3079 2.332 -
Free Cash Flow - 213.1 -53.21 130.3 78.66 2,549
FCF margin - 484.12% -36.71% 132.51% 10.04% 72.58%
FCF Conversion (EBITDA) - 326.56% - - 25.35% 48.14%
FCF Conversion (Net income) - 167.79% - 9.87% 0.72% 61.44%
Dividend per Share - - - 0.003172 0.004906 -
Announcement Date 20/03/20 20/03/20 10/03/21 04/02/22 14/02/23 07/05/24
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2018 2019 2020 2021 2022 2023
Net Debt 1 225 420 171 - 1,064 2,104
Net Cash position 1 - - - 604 - -
Leverage (Debt/EBITDA) 5.579 x 6.433 x 3.882 x - 3.43 x 0.3975 x
Free Cash Flow - 213 -53.2 130 78.7 2,549
ROE (net income / shareholders' equity) - 7.27% 10.9% 19.6% 78.8% 14.9%
ROA (Net income/ Total Assets) - 1.8% 0.68% -0.29% 1.32% 10.8%
Assets 1 - 7,068 55,447 -448,147 829,693 38,246
Book Value Per Share 2 1.300 1.390 1.450 1.780 4.130 -
Cash Flow per Share 2 0 0.1000 0.0100 0.1300 0.0100 -
Capex 1 0.05 0.63 0.08 0.28 13.5 -
Capex / Sales 0.1% 1.44% 0.06% 0.29% 1.72% -
Announcement Date 20/03/20 20/03/20 10/03/21 04/02/22 14/02/23 07/05/24
1TRY in Million2TRY
Estimates
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