Financials Halk Gayrimenkul Yatirim Ortakligi

Equities

HLGYO

TREHLGY00016

Real Estate Development & Operations

Delayed Borsa Istanbul 06:58:42 2024-04-30 am EDT 5-day change 1st Jan Change
3.18 TRY -3.05% Intraday chart for Halk Gayrimenkul Yatirim Ortakligi +8.53% -13.59%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 787.2 600.6 1,132 3,114 2,377 10,283
Enterprise Value (EV) 1 891 886.4 1,491 3,545 3,337 11,533
P/E ratio 3.12 x 1.52 x 3.52 x 8.83 x 6.28 x 1.56 x
Yield - - - 0.16% - 0.07%
Capitalization / Revenue 9.57 x 1.88 x 8.71 x 6.67 x 22.7 x 62.2 x
EV / Revenue 10.8 x 2.78 x 11.5 x 7.59 x 31.9 x 69.8 x
EV / EBITDA 17.5 x 8.83 x 21.2 x 9.44 x 70.8 x 126 x
EV / FCF -36.9 x -16.4 x 19.6 x 9.47 x -35 x 14.7 x
FCF Yield -2.71% -6.1% 5.1% 10.6% -2.85% 6.8%
Price to Book 0.41 x 0.26 x 0.43 x 1.03 x 0.7 x 0.96 x
Nbr of stocks (in thousands) 1,096,666 1,096,666 1,096,666 1,096,666 1,096,667 1,645,000
Reference price 2 0.7178 0.5477 1.032 2.839 2.167 6.251
Announcement Date 2/14/18 2/14/19 2/14/20 2/15/21 2/14/22 2/18/23
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 82.24 319.2 130 467 104.6 165.3
EBITDA 1 50.78 100.4 70.23 375.6 47.15 91.78
EBIT 1 50.37 100.2 69.28 372.9 45.01 90.37
Operating Margin 61.24% 31.39% 53.3% 79.86% 43.03% 54.68%
Earnings before Tax (EBT) 1 252.1 394.8 321.4 352.5 378.6 6,604
Net income 1 252.1 394.8 321.4 352.5 378.6 6,602
Net margin 306.55% 123.7% 247.28% 75.47% 361.92% 3,994.66%
EPS 2 0.2299 0.3600 0.2931 0.3214 0.3452 4.014
Free Cash Flow 1 -24.13 -54.07 76.11 374.4 -95.26 784.4
FCF margin -29.34% -16.94% 58.55% 80.17% -91.07% 474.6%
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 2/14/18 2/14/19 2/14/20 2/15/21 2/14/22 2/18/23
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 104 286 359 432 961 1,249
Net Cash position 1 - - - - - -
Leverage (Debt/EBITDA) 2.044 x 2.848 x 5.114 x 1.149 x 20.37 x 13.61 x
Free Cash Flow 1 -24.1 -54.1 76.1 374 -95.3 784
ROE (net income / shareholders' equity) 14.4% 19% 13.3% 12.8% 12.2% 96.2%
ROA (Net income/ Total Assets) 1.49% 2.5% 1.53% 7.11% 0.7% 0.6%
Assets 1 16,885 15,776 21,052 4,955 54,453 1,103,896
Book Value Per Share 2 1.760 2.130 2.420 2.750 3.100 6.480
Cash Flow per Share 2 0.1200 0.0300 0.0700 0.0500 0.0500 0.2900
Capex 1 0.05 0.68 0.17 0.58 1.86 2.35
Capex / Sales 0.06% 0.21% 0.13% 0.12% 1.77% 1.42%
Announcement Date 2/14/18 2/14/19 2/14/20 2/15/21 2/14/22 2/18/23
1TRY in Million2TRY
Estimates
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