Financials Mistral Gayrimenkul Yatirim Ortakligi

Equities

MSGYO

TREMIST00017

Diversified REITs

Market Closed - Borsa Istanbul 11:08:59 2024-05-07 am EDT 5-day change 1st Jan Change
14.47 TRY -2.36% Intraday chart for Mistral Gayrimenkul Yatirim Ortakligi +4.18% +5.62%

Valuation

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Capitalization 1 288.2 205.4 253.7 632.2 561 1,028
Enterprise Value (EV) 1 318.8 222.6 254.6 628.1 508.6 933.9
P/E ratio 1.88 x 33.6 x 7.27 x 50.2 x 2.61 x 1.38 x
Yield 2.71% - - 0.69% 2.54% 6.26%
Capitalization / Revenue 1.04 x 11.5 x 17.7 x 53.1 x 14 x 11.6 x
EV / Revenue 1.15 x 12.5 x 17.8 x 52.8 x 12.7 x 10.5 x
EV / EBITDA 2.34 x 73.3 x 33.3 x 108 x 18 x 13.7 x
EV / FCF 86.8 x 7 x 13.4 x 101 x 11.5 x 50.8 x
FCF Yield 1.15% 14.3% 7.47% 0.99% 8.69% 1.97%
Price to Book 1.36 x 0.98 x 1.02 x 2.46 x 1.2 x 0.86 x
Nbr of stocks (in thousands) 134,221 134,221 134,219 134,219 134,219 134,219
Reference price 2 2.147 1.530 1.890 4.710 4.180 7.660
Announcement Date 3/9/18 3/11/19 3/2/20 2/1/21 3/1/22 3/1/23
1TRY in Million2TRY
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net sales 1 277.1 17.86 14.31 11.9 39.96 88.87
EBITDA 1 136.4 3.039 7.641 5.821 28.32 68.37
EBIT 1 136.4 3.013 7.616 5.778 28.27 68.32
Operating Margin 49.22% 16.87% 53.21% 48.57% 70.75% 76.88%
Earnings before Tax (EBT) 1 153.1 6.109 34.89 12.6 215.3 743.8
Net income 1 153 6.103 34.89 12.6 215.3 743.8
Net margin 55.24% 34.17% 243.78% 105.92% 538.88% 836.96%
EPS 2 1.140 0.0455 0.2600 0.0939 1.604 5.542
Free Cash Flow 1 3.673 31.82 19.01 6.241 44.18 18.39
FCF margin 1.33% 178.18% 132.82% 52.46% 110.56% 20.69%
FCF Conversion (EBITDA) 2.69% 1,047.23% 248.83% 107.21% 156.01% 26.9%
FCF Conversion (Net income) 2.4% 521.39% 54.49% 49.53% 20.52% 2.47%
Dividend per Share 2 0.0581 - - 0.0327 0.1060 0.4793
Announcement Date 3/9/18 3/11/19 3/2/20 2/1/21 3/1/22 3/1/23
1TRY in Million2TRY
Estimates

Balance Sheet Analysis

Fiscal Period: December 2017 2018 2019 2020 2021 2022
Net Debt 1 30.6 17.3 0.93 - - -
Net Cash position 1 - - - 4.04 52.4 94.2
Leverage (Debt/EBITDA) 0.2241 x 5.688 x 0.1217 x - - -
Free Cash Flow 1 3.67 31.8 19 6.24 44.2 18.4
ROE (net income / shareholders' equity) 114% 2.9% 15.1% 4.99% 59.4% 89.4%
ROA (Net income/ Total Assets) 29% 0.77% 1.93% 1.38% 4.68% 5.01%
Assets 1 528.5 794.4 1,808 910.6 4,598 14,858
Book Value Per Share 2 1.570 1.560 1.850 1.910 3.490 8.920
Cash Flow per Share 2 0.0700 0.0100 0 0.0300 0.3900 0.7000
Capex 1 0.01 0.01 0.11 0.01 0.01 0.04
Capex / Sales 0% 0.06% 0.76% 0.09% 0.03% 0.05%
Announcement Date 3/9/18 3/11/19 3/2/20 2/1/21 3/1/22 3/1/23
1TRY in Million2TRY
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Change in Enterprise Value/EBITDA

  1. Stock Market
  2. Equities
  3. MSGYO Stock
  4. Financials Mistral Gayrimenkul Yatirim Ortakligi
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