Bati Ege Gayrimenkul Yatirim Ortakligi A.S.

Bati Ege Gayrimenkul Yatirim Ortakligi A.S.

BBIST:BEGYO
2.70
TRY
-0.07
(-2.53%)
-0.33EPS
3.41BMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.03
0.04
0.21
0.29
1.56
0.19
0.2
Basic EPS, GAAP
-0.22
-0.14
0.84
0.37
1.82
-0.12
-0.33
Free Cash Flow per Basic Share
0.27
0.49
-0.01
1.18
0.15
0.02
-0.02
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
-0.34
-0.48
1.01
3.26
6.59
6.38
7.09
Tangible Book Value per Share
-0.34
-0.48
1.01
3.26
6.59
6.38
7.09
Basic Weighted Avg Shares
815
815
815
545
815
815
816
Sales/Revenue/Turnover
24
36
167
159
1,271
156
160
Operating Margin (%)
51.12
65.7
73.19
65.24
49.79
3.35
9.39
Depreciation Expense
- -
- -
2
4
3
2
2
Net Income, GAAP
-177
-112
685
200
1,483
-98
-272
Effective Tax Rate (%)
- -
- -
18.51
19.8
2.18
174.83
224.63
Profit Margin (%)
-738.1
-315.35
409.19
125.47
116.74
-62.43
-170.1
Working Capital
-551
-817
-922
774
882
403
501
LT Debt
143
337
417
- -
- -
- -
- -
Total Equity
-280
-392
827
2,655
5,373
5,202
5,781
Return on Invested Capital (%)
- -
- -
11.56
-2.79
15.96
-2.61
-4.6
Return on Capital (%)
- -
- -
109.71
31.28
38.6
-1.84
-5.16
Return on Common Equity (%)
- -
- -
- -
11.48
36.96
-1.84
-5.16

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
815
815
815
Market Capitalization
3,822
3,317
3,415

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
448
486
508
Cash, Cash Equivalents & STI
17
16
20
Accounts Receivable, Net
18
24
16
Inventories
385
419
449
Total Current Liabilities
45
25
7
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
- -
9.92%
-3.17%
Free Cash Flow
- -
-1,309.9%
-85.61%
Net Income, GAAP
- -
-56.59%
-106.58%
Sales/Revenue/Turnover
- -
204.82%
-87.7%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
19
24
339
681
1,271
2025
36
41
62
30
156
2026
41
27
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.16
0.28
0.75
0.46
1.82
2025
0.01
-0.03
-0.03
-0.07
-0.12
2026
-0.27
0.04
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

CEO
Alper Baltali
Full Time Employees
12
Sector
Finance
Industry
Real estate development
Address
Denizli Turkey
IPO Date
Dec 8, 2023
Business
Bati Ege Gayrimenkul Yatirim Ortakligi A.S. is a Turkey-based real estate investment trust engaged in the investment, development, leasing, and management of residential, commercial, and mixed-use property portfolios. The company focuses on urban development and real estate assets primarily in the Aegean Region and major urban markets across Turkey. Its core portfolio and service offerings comprise commercial real estate assets, including the ownership, operation, and leasing of shopping centers, entertainment facilities, and retail complexes such as AquaMall within the AquaCity development; residential project development, consisting of master-planned housing communities, modern residential apartments, and luxury villas; mixed-use property developments, integrating commercial retail units, office spaces, recreational areas, and residential towers; land and parcel development, involving the acquisition, zoning, and value-enhancement of strategic real estate plots for prospective development; and comprehensive property management services, covering tenant leasing, contract administration, facility operations, and portfolio asset management. The company caters to individual homebuyers, property investors, retail chain operators, and commercial tenants. In recent developments, the company completed its initial public offering on Borsa Istanbul in December 2023 under the ticker symbol BEGYO, securing growth capital to finance ongoing construction pipelines, acquire new development land, and strengthen its working capital structure. Following the public listing, the company has focused on expanding its residential sales and project delivery milestones in Western Anatolia, while optimizing rental yields and occupancy rates across its commercial retail portfolio through strategic tenant restructuring. Founded in 2011 and established as a partnership involving Sinpas Group and Deniz Tekstil, Bati Ege Gayrimenkul Yatirim Ortakligi A.S. is headquartered in Denizli, Turkey.