Emlak Konut Gayrimenkul Yatirim Ortakligi A.S. 0 % Certificates 2025-31.12.2199

Emlak Konut Gayrimenkul Yatirim Ortakligi A.S. 0 % Certificates 2025-31.12.2199

17.75
TRY
-0.82
(-4.42%)
20.71P/E
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.86
0.47
0.48
0.94
1.06
1.07
1.55
1.29
1.85
5.39
10.81
11
26.3
26.37
Basic EPS, GAAP
0.39
0.25
0.26
0.48
0.48
0.35
0.21
0.23
0.36
0.23
-1.55
4.55
1.58
-0.49
Free Cash Flow per Basic Share
0.5
-0.72
-0.07
0.22
-0.64
-0.05
-0.21
0.27
0.69
-0.89
3.88
-7.77
-9.36
-10.28
Dividend per Share
0.07
0.12
0.1
0.1
- -
0.18
0.03
0.02
0.02
0.2
0.47
- -
0.46
-0.08
Book Value per Share
2.24
2.33
2.53
2.92
3.4
3.56
3.74
3.96
4.3
16.81
22.57
34.25
35.43
41.75
Tangible Book Value per Share
2.24
2.33
2.53
2.92
3.39
3.56
3.74
3.96
4.3
16.8
22.55
34.21
35.37
41.67
Basic Weighted Avg Shares
2,699
3,800
3,686
3,686
3,664
3,664
3,664
3,659
3,659
3,939
3,805
3,795
3,795
3,798
Sales/Revenue/Turnover
2,331
1,805
1,787
3,456
3,901
3,928
5,668
4,730
6,754
21,220
41,142
41,754
99,829
100,165
Operating Margin (%)
39.79
38.82
45.71
48.44
48.91
36.31
20.33
15.22
25.48
16.8
17.44
17.13
22.28
19.95
Depreciation Expense
1
2
3
7
8
7
31
30
31
80
175
293
504
626
Net Income, GAAP
1,061
954
953
1,761
1,756
1,268
778
836
1,332
905
-5,882
17,274
6,002
-1,870
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
67.53
114.05
Profit Margin (%)
45.49
52.89
53.31
50.96
45.02
32.29
13.73
17.68
19.73
4.27
-14.3
41.37
6.01
-1.87
Working Capital
2,701
7,982
7,958
9,123
12,713
12,366
11,671
12,933
13,275
56,823
74,546
105,607
146,888
214,215
LT Debt
594
434
214
- -
1,932
1,686
1,591
2,983
2,031
5,114
1,832
25
26,380
61,775
Total Equity
8,354
8,751
9,325
10,730
12,466
13,084
13,743
14,494
15,747
61,544
82,629
125,399
129,709
152,836
Return on Invested Capital (%)
12.8
7.57
8.54
16.15
14.77
9.11
- -
- -
- -
- -
- -
- -
4.42
-1.43
Return on Capital (%)
15.56
11
10.48
19.45
17.74
11.25
- -
- -
- -
- -
- -
- -
6.31
-2.4
Return on Common Equity (%)
16.64
11.16
10.54
17.56
15.14
9.93
5.8
5.92
8.81
2.34
-8.16
16.61
4.71
-1.37

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
21,189
29,480
33,497
LT Borrowings
26,288
26,182
61,699
LT Finance Leases
93
83
76
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3,661
3,661
3,661
Market Capitalization
74,833
70,330
75,712

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
302,689
332,427
409,012
Cash, Cash Equivalents & STI
17,195
18,045
43,322
Accounts Receivable, Net
36,067
36,236
53,033
Inventories
234,335
257,498
280,931
Total Current Liabilities
155,801
165,999
194,798
Payables & Accruals
- -
- -
- -
ST Debt
21,189
29,480
33,497
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
43.56%
77.79%
3.44%
Free Cash Flow
-171.54%
-176.24%
20.53%
Net Income, GAAP
-115.6%
-236.32%
-65.25%
Sales/Revenue/Turnover
62.62%
98.28%
139.09%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,114
6,834
11,499
15,174
41,754
2025
29,811
31,367
14,211
34,134
99,829
2026
21,114
30,707
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.34
0.79
- -
4.55
2025
1.12
2.08
0.05
- -
1.58
2026
0.33
0.27
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
-0.1
- -
0.46
2026
- -
- -
- -
- -
- -

Company Description

CEO
Yasir Yilmaz
Full Time Employees
1,499
Sector
Finance
Industry
Real estate investment trusts
Address
Barbaros Mahallesi Istanbul IB Turkey 34738
IPO Date
Dec 2, 2010
Business
Emlak Konut Gayrimenkul Yatirim Ortakligi A.S. Emlak Konut Gayrimenkul Yatirim Ortakligi AS operates as a Turkey-based real estate investment trust primarily focused on developing residential housing projects; commercial units; educational facilities; social infrastructure including mosques, masjids, schools, and amenities; as well as providing project control, audit services, marketing, and sales of completed units. Founded in 1953 with roots tracing to Ankara İmar Ltd and formally established in 1987 as a subsidiary of Emlak Bank before transitioning ownership to the Housing Development Administration of Turkey (TOKI) in 2002 and becoming a real estate investment partnership, the company is headquartered at Barbaros Mah. Mor Sümbül Sok. No: 7/2 B, Ataşehir, Istanbul, Turkey, and listed on the Borsa Istanbul under ticker EKGYO. Since 2003, it has tendered 388 projects resulting in approximately 251,000 independent units, emphasizing environmentally friendly, modern urban developments across Turkey with a portfolio featuring low-rise horizontal architecture, wide landscapes, sports facilities, and innovative designs that add value to cities. In recent developments, Emlak Konut signed a preliminary agreement in November 2025 with Saudi Arabia's National Housing Company for the $400 million Hayat Mekke project in the Holy Haram area of Mecca, comprising 1,014 villas, commercial units, religious sites, schools, and social amenities, managed through its new Riyadh-based subsidiary Emlak Konut Global as part of its international expansion strategy following a December 2024 memorandum of understanding; the company also reported strong pre-sales growth in early 2025 driven by new campaigns, resilient profitability with total assets reaching 205 billion liras by end-2024, and expectations for consultancy as a major revenue stream generating TRY6.4 billion in 2024 at near 80% EBITDA margins.