Avrupakent Gayrimenkul Yatirim Ortakligi SA

Avrupakent Gayrimenkul Yatirim Ortakligi SA

BBIST:AVPGY
47.86
TRY
-0.18
(-0.37%)
22.40BMarket Cap
Oct 29Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
2.49
0.43
14.73
12.87
24.81
17.39
- -
Basic EPS, GAAP
0.26
2.36
25.26
13.61
24.57
4.09
- -
Free Cash Flow per Basic Share
0.26
2.36
-3.33
-10
14.63
10.93
11.06
Dividend per Share
- -
- -
- -
- -
3.25
5.45
3.35
Book Value per Share
2.5
4.86
40.09
74.02
101.89
100.56
116.24
Tangible Book Value per Share
2.5
4.86
40.08
74.02
101.89
100.55
116.23
Basic Weighted Avg Shares
400
400
400
346
393
393
395
Sales/Revenue/Turnover
995
171
5,894
4,451
9,755
6,838
- -
Operating Margin (%)
9.06
26.96
32.07
48.81
81.63
37.86
- -
Depreciation Expense
4
4
15
18
8
6
6
Net Income, GAAP
106
945
10,103
4,708
9,661
1,609
- -
Effective Tax Rate (%)
20.96
15.7
9.16
- -
28.07
- -
- -
Profit Margin (%)
10.63
553.97
171.42
105.78
99.03
23.53
- -
Working Capital
17
-86
2,758
6,685
10,509
4,801
4,968
LT Debt
63
- -
- -
- -
- -
- -
- -
Total Equity
1,002
1,945
16,494
29,608
40,756
40,224
46,495
Return on Invested Capital (%)
- -
50.17
60.09
- -
29.39
- -
- -
Return on Capital (%)
- -
64.57
110.11
- -
27.46
- -
- -
Return on Common Equity (%)
- -
64.12
112.38
20.63
27.46
3.97
- -

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
400
400
400
Market Capitalization
20,800
19,792
22,400

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
6,986
7,370
5,756
Cash, Cash Equivalents & STI
775
1,596
525
Accounts Receivable, Net
649
299
253
Inventories
4,753
4,794
4,398
Total Current Liabilities
2,185
1,406
788
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
191.59%
-1.31%
Free Cash Flow
- -
84.29%
-25.3%
Net Income, GAAP
- -
346.35%
-83.34%
Sales/Revenue/Turnover
- -
667.56%
-29.91%
Total Cash Common Dividend
- -
- -
67.42%

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
4,792
847
1,084
1,860
9,755
2025
1,058
2,313
- -
1,755
6,838
2026
1,292
1,697
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
11.61
15.81
0.25
-4.44
24.57
2025
0.74
3.59
- -
-0.21
4.09
2026
0.4
2.47
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.9
0.36
3.25
2025
- -
- -
1.21
2.13
5.45
2026
- -
- -
- -
- -
- -

Company Description

CEO
Muhsin Erkoc
Full Time Employees
22
Sector
Finance
Industry
Real estate development
Address
Bakirköy Turkey
IPO Date
Dec 21, 2023
Business
Avrupakent Gayrimenkul Yatirim Ortakligi SA is a Turkey-based real estate investment trust (REIT) engaged in the investment, development, leasing, and management of residential, commercial, retail, and hospitality real estate assets. The company operates primarily through three core business segments: Real Estate Development and Sales, Commercial Property Leasing, and Tourism and Hospitality Operations. Its diversified portfolio and service offerings encompass the development and marketing of master-planned residential housing projects, luxury branded residences, and mixed-use urban developments; the long-term leasing and commercial management of major regional shopping centers and retail complexes, including Forum Trabzon Shopping Mall, ArenaPark Shopping Mall, ArmoniPark Shopping Mall, and co-developed assets within the Vadistanbul complex; the ownership and operation of upscale hospitality and serviced apartment properties operated under international brand partnerships, including Mövenpick Living Saklivadi, Radisson Residences Vadistanbul, Radisson Collection Vadistanbul, and Swissôtel Resort Bodrum Beach; the rental of prime commercial office buildings, high-street retail stores, and warehousing spaces; and comprehensive real estate asset management, project design, and facility management services. In recent developments, the company completed its initial public offering (IPO) on Borsa Istanbul in December 2023 under the ticker AVPGY, successfully raising equity capital to accelerate its investment pipeline and optimize capital structure. Following the public listing, Avrupakent has broadened its income-generating asset base through major acquisitions and capacity expansions in retail and luxury hospitality properties across Istanbul, Trabzon, and Muğla, while advancing the development of new multi-phase residential and commercial complexes under the Avrupa Konutlari and Saklivadi brand portfolios. Founded in 2010 and headquartered in Istanbul, Turkey, Avrupakent Gayrimenkul Yatirim Ortakligi SA operates as a core real estate subsidiary of Artas Holding.