Financials Ozak Gayrimenkul Yatirim Ortakligi

Equities

OZKGY

TREOZAK00014

Diversified REITs

Delayed Borsa Istanbul 03:31:28 2024-06-11 am EDT 5-day change 1st Jan Change
8.49 TRY -0.59% Intraday chart for Ozak Gayrimenkul Yatirim Ortakligi -1.85% +10.55%

Valuation

Fiscal Period: December 2019 2020 2022 2023 2024 2025
Capitalization 1 931.6 1,849 14,834 11,115 12,360 -
Enterprise Value (EV) 1 1,159 1,885 15,395 11,115 12,360 12,360
P/E ratio - - 1.64 x - - -
Yield - - - - - -
Capitalization / Revenue 1.76 x 1.56 x 4.49 x 5.15 x 6.88 x -
EV / Revenue 1.76 x 1.56 x 4.49 x 5.15 x 6.88 x -
EV / EBITDA 4.78 x 4.78 x 7.75 x 19.2 x 26.5 x 19.2 x
EV / FCF - - 37,444,042 x - - -
FCF Yield - - 0% - - -
Price to Book 0.38 x 0.53 x - - - -
Nbr of stocks (in thousands) 1,449,997 1,449,997 1,447,260 1,447,260 1,447,260 -
Reference price 2 0.6425 1.275 10.25 7.680 8.540 8.540
Announcement Date 3/5/20 3/3/21 2/27/23 4/25/24 - -
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net sales 1 530.5 1,186 - 3,303 2,158 1,797 -
EBITDA 1 194.8 386.4 - 1,915 577.9 467 645
EBIT 177 354.2 - 1,888 - - -
Operating Margin 33.36% 29.87% - 57.17% - - -
Earnings before Tax (EBT) 311.8 621.4 - 8,307 - - -
Net income 1 311.4 617.5 2,524 8,313 2,942 14,207 13,808
Net margin 58.7% 52.07% - 251.7% 136.33% 790.6% -
EPS - - - 6.249 - - -
Free Cash Flow - - - 396.2 - - -
FCF margin - - - 12% - - -
FCF Conversion (EBITDA) - - - 20.69% - - -
FCF Conversion (Net income) - - - 4.77% - - -
Dividend per Share - - - - - - -
Announcement Date 3/5/20 3/3/21 2/25/22 2/27/23 4/25/24 - -
1TRY in Million
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3
Net sales 1 344.8 564.2 836.1 768.1 993.1 696.2 - 316.6 624.3
EBITDA 1 167.7 316.9 329.4 465.8 461.8 690.7 - 50.94 322.9
EBIT - - - - - - - - -
Operating Margin - - - - - - - - -
Earnings before Tax (EBT) - - - - - - - - -
Net income 1 - 2,200 481.6 481.8 4,247 3,138 327.5 5,203 356.6
Net margin - 389.89% 57.6% 62.73% 427.65% 450.7% - 1,643.51% 57.13%
EPS - - - - - - 0.2250 - -
Dividend per Share - - - - - - - - -
Announcement Date 11/5/21 2/25/22 5/10/22 8/16/22 11/8/22 2/27/23 5/10/23 8/21/23 11/7/23
1TRY in Million
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025
Net Debt 228 36.4 - 561 - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) 1.168 x 0.0943 x - 0.293 x - - -
Free Cash Flow - - - 396 - - -
ROE (net income / shareholders' equity) 14.5% 20.8% - 69.9% 9.27% - -
ROA (Net income/ Total Assets) - - - 58% 8.15% - -
Assets 1 - - - 14,340 36,108 - -
Book Value Per Share 1.680 2.400 - - - - -
Cash Flow per Share - - - - - - -
Capex - - - 61.1 - - -
Capex / Sales - - - 1.85% - - -
Announcement Date 3/5/20 3/3/21 2/25/22 2/27/23 4/25/24 - -
1TRY in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
2
Last Close Price
8.54 TRY
Average target price
12.7 TRY
Spread / Average Target
+48.71%
Consensus

Quarterly revenue - Rate of surprise

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