Financials Avrasya Gayrimenkul Yatirim Ortakligi Anonim Sirketi

Equities

AVGYO

TRAAVRSY91Q2

Diversified REITs

Delayed Borsa Istanbul 08:27:53 2024-04-29 am EDT 5-day change 1st Jan Change
8.86 TRY -1.45% Intraday chart for Avrasya Gayrimenkul Yatirim Ortakligi Anonim Sirketi +0.23% +3.03%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 113.8 63.36 108.7 292.3 330.3 514.5
Enterprise Value (EV) 1 79.44 35.9 69.7 277.8 329.7 512.3
P/E ratio 4.6 x 5.04 x 3.2 x 5.65 x 10.7 x 2.35 x
Yield - - - - - -
Capitalization / Revenue 7.56 x 8.28 x 11 x 28.8 x 32.8 x 24.5 x
EV / Revenue 5.28 x 4.69 x 7.02 x 27.4 x 32.7 x 24.4 x
EV / EBITDA 7.07 x 6.87 x 10.5 x 35.7 x -37.8 x 34.8 x
EV / FCF 2.91 x -3.22 x 30 x -29 x 33.1 x -43.7 x
FCF Yield 34.3% -31% 3.33% -3.45% 3.02% -2.29%
Price to Book 0.75 x 0.37 x 0.53 x 1.11 x 0.95 x 0.8 x
Nbr of stocks (in thousands) 111,600 111,600 111,600 111,609 111,600 111,600
Reference price 2 1.019 0.5677 0.9742 2.619 2.960 4.610
Announcement Date 2/28/18 2/12/19 2/14/20 3/8/21 2/28/22 3/13/23
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 15.04 7.648 9.924 10.14 10.08 21.03
EBITDA 1 11.23 5.229 6.61 7.776 -8.716 14.71
EBIT 1 11.04 4.93 6.313 7.481 -9.009 14.37
Operating Margin 73.41% 64.46% 63.61% 73.81% -89.34% 68.34%
Earnings before Tax (EBT) 1 24.71 12.56 33.94 51.76 30.99 218.6
Net income 1 24.71 12.56 33.94 51.76 30.99 218.6
Net margin 164.3% 164.26% 341.95% 510.7% 307.28% 1,039.62%
EPS 2 0.2215 0.1126 0.3041 0.4638 0.2777 1.959
Free Cash Flow 1 27.28 -11.14 2.323 -9.591 9.962 -11.73
FCF margin 181.38% -145.68% 23.41% -94.63% 98.79% -55.8%
FCF Conversion (EBITDA) 242.93% - 35.14% - - -
FCF Conversion (Net income) 110.39% - 6.84% - 32.15% -
Dividend per Share - - - - - -
Announcement Date 2/28/18 2/12/19 2/14/20 3/8/21 2/28/22 3/13/23
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 - - - - - -
Net Cash position 1 34.3 27.5 39 14.5 0.63 2.22
Leverage (Debt/EBITDA) - - - - - -
Free Cash Flow 1 27.3 -11.1 2.32 -9.59 9.96 -11.7
ROE (net income / shareholders' equity) 17.7% 7.79% 18% 22.1% 10.1% 44.2%
ROA (Net income/ Total Assets) 4.49% 1.73% 2.03% 1.98% -1.79% 1.76%
Assets 1 550.1 725.7 1,668 2,610 -1,731 12,442
Book Value Per Share 2 1.360 1.530 1.850 2.360 3.130 5.740
Cash Flow per Share 2 0.0300 0.0100 0.0200 0 0.0100 0.0200
Capex 1 0.89 0.05 0.01 0.01 0.03 0.82
Capex / Sales 5.9% 0.71% 0.06% 0.14% 0.29% 3.9%
Announcement Date 2/28/18 2/12/19 2/14/20 3/8/21 2/28/22 3/13/23
1TRY in Million2TRY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

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