1. Turkey Stocks

  2. •

    Consumer services

  3. •

    Hotels/Resorts/Cruise lines
Kervansaray Yatirim Holding A.S.

Kervansaray Yatirim Holding A.S.

BBIST:KERVN
4.88
TRY
0.00
(0.00%)
-0.46EPS
659.13MMarket Cap
Kervansaray Yatirim Holding A.S.
BIST:KERVN
(Istanbul Exchange)

Recent

price

4.88

P/E

ratio

- -

div

yld

- -

ROIC.AI

2008
2009
2010
2011
2012
2013
2014
2016
2017
2018
2019
2020
2021
2022
TTM
TRY
0.27
- -
- -
0.5
0.78
0.34
0.39
0.13
0.15
0.27
0.27
0.09
0.13
- -
-0.12
Revenue per Share
-0.14
-0.02
-0.01
0.08
- -
-0.11
-0.02
-0.24
-0.07
-0.26
-0.26
-0.69
-0.07
0.3
-0.45
Basic EPS, GAAP
-0.08
0.01
0.02
-0.55
-0.4
-0.55
0.05
-0.11
-0.05
-0.07
0.14
- -
0.1
1
0.03
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.02
0.01
- -
0.33
0.91
0.48
0.43
0.29
0.62
0.33
0.16
-0.52
-0.46
-0.17
-1.9
Book Value per Share
0.02
0.01
- -
0.33
0.9
0.48
0.43
0.29
0.62
0.33
0.16
-0.52
-0.66
-0.37
-2.09
Tangible Book Value per Share
116
116
116
37
60
589
589
589
589
589
589
589
589
589
589
Basic Weighted Avg Shares
31
- -
- -
19
47
203
229
76
87
157
157
53
74
- -
-69
Sales/Revenue/Turnover
-36.22
-512.45
-265.58
19.25
2.26
-7.82
-3.78
-30.68
-1.04
-28.62
-28.62
39.78
59.22
-3,087,540.85
498.37
Operating Margin (%)
- -
- -
- -
1
2
17
22
20
10
18
15
3
3
34
46
Depreciation Expense
-16
-2
-1
3
- -
-63
-11
-143
-44
-155
-155
-403
-40
179
-264
Net Income, GAAP
- -
- -
- -
- -
69.59
- -
- -
- -
- -
- -
- -
- -
- -
25.35
- -
Effective Tax Rate (%)
-52.76
-1,842.07
-2,169.84
16.85
-0.54
-30.96
-4.84
-188.18
-50.21
-98.97
-98.97
-760.1
-54.33
2,517,640.41
385.93
Profit Margin (%)
-13
-6
-10
-9
25
-183
-81
-366
-479
-551
-652
-1,047
-1,804
-2,876
-4,055
Working Capital
- -
7
5
- -
- -
97
199
26
17
18
21
61
96
54
75
LT Debt
2
1
- -
12
91
265
224
126
312
132
20
-391
-372
-257
-1,289
Total Equity
- -
- -
- -
- -
0.6
- -
- -
- -
- -
- -
- -
- -
- -
-10.67
- -
Return on Invested Capital (%)
- -
- -
- -
- -
-1.18
- -
- -
- -
- -
- -
- -
- -
- -
21.06
- -
Return on Capital (%)
- -
-124.19
- -
- -
-0.76
-37.27
-4.15
-67.25
-16.31
-55.63
-107.12
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
ST Debt
2,411
3,194
3,293
LT Borrowings
56
73
75
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
589
589
589
Market Capitalization
459
471
659

Working Capital

TRY

•

in mil. unless spec.
Mar'23
Jun'23
Sep'23
Total Current Assets
20
21
17
Cash, Cash Equivalents & STI
3
4
4
Accounts Receivable, Net
4
1
- -
Inventories
- -
- -
- -
Total Current Liabilities
3,027
3,977
4,072
Payables & Accruals
- -
- -
- -
ST Debt
2,411
3,194
3,293
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-125.74%
-436.98%
-30.84%
Free Cash Flow
-323.32%
-800.72%
856.54%
Net Income, GAAP
- -
- -
-545.21%
Sales/Revenue/Turnover
- -
- -
-99.99%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
14
15
10
35
74
2022
21
23
25
-69
- -
2023
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
-0.1
-0.11
0.02
0.13
-0.07
2022
-0.48
-0.37
-0.13
1.28
0.3
2023
-0.2
-1.39
-0.15
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2021
- -
- -
- -
- -
- -
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
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Business
Kervansaray Yatirim Holding A.S. is a Turkey-based investment holding company primarily engaged in the hospitality, tourism, textile manufacturing, and real estate development sectors. Founded in 1974 and headquartered in Istanbul, Turkey, the company operates across major metropolitan and leisure destinations throughout Turkey, catering to domestic and international leisure travelers, business clients, and wholesale commercial partners. The company's business activities are organized into three core operational segments: Hospitality and Tourism, Textile Manufacturing, and Real Estate and Asset Management. Through its hospitality division, the company owns, manages, and operates a portfolio of resort, thermal, and city hotels under the Kervansaray brand; its service offerings include luxury guest lodging, all-inclusive resort accommodations, conference and banquet hosting, meeting venue management, thermal wellness and spa treatments, and food and beverage catering across prime locations including Antalya, Bodrum, Marmaris, and Bursa. Through its textile division, the company engages in the manufacturing, weaving, dyeing, finishing, and wholesale distribution of woven fabrics, yarns, home textiles, and specialized apparel products. Through its real estate division, the company engages in property acquisition, commercial real estate development, asset leasing, and land portfolio management. In recent developments, Kervansaray Yatirim Holding has undertaken comprehensive financial, operational, and corporate restructuring programs aimed at strengthening its capital structure and optimizing asset utilization. Key recent corporate actions include executing debt settlement and loan restructuring protocols with major banking institutions and creditors; transitioning select hospitality assets into long-term third-party lease and operating agreements to reduce direct operational costs and ensure predictable rental income streams; restructuring governance and operational management to resolve legacy liabilities; and executing strategic asset rationalizations to streamline its core hospitality footprint and enhance long-term business sustainability.