KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B

KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B

BBIST:KGYO
8.04
TRY
-0.09
(-1.11%)
-0.75EPS
11.82BMarket Cap

Total Valuation

TRY

As of June 30, 2026, KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B carries a market capitalization of 11.82B, placing it among publicly traded companies globally. Its enterprise value stands at 13.27B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap11.82B
Enterprise Value13.27B

Share Statistics

As of June 30, 2026, KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B has 1.00B shares outstanding.

Shares Outstanding1.00B

Valuation Ratios

These figures are as of June 30, 2026. The price-to-sales ratio is 5.56, and the price-to-book ratio stands at 8.19.

PS Ratio5.56
PB Ratio8.19
P/TBV Ratio8.19
P/FCF Ratio-29.55
P/OCF Ratio-30.64

Enterprise Valuation

These figures are as of June 30, 2026. The EV/Sales ratio of 6.33 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. These enterprise value multiples are built on an enterprise value of 13.27B versus a market cap of 11.82B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales6.33

Financial Position

As of June 30, 2026, KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B maintains a current ratio of 0.79, meaning it holds 0.8x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 103.59, indicating elevated leverage, while an interest coverage ratio of -3.50 demonstrates limited ability to service its debt obligations.

Current Ratio0.79
Quick Ratio0.02
Debt / Equity103.59
Debt / EBITDA-1.80
Interest Coverage-3.50

Financial Efficiency

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Over the twelve months ended June 30, 2026, KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B posted a negative return on equity (ROE) of -46.82, meaning shareholder capital produced losses rather than profits. Return on assets (ROA) is negative at -8.43, reflecting losses generated across the asset base. The company generates approximately 7.20M in revenue per employee across its workforce of 291.00, a quick read on workforce productivity versus industry peers. Inventory turnover of 1.99 indicates how many times KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)-46.82
Return on Assets (ROA)-8.43
Revenue Per Employee7.20M
Employee Count291.00
Inventory Turnover1.99

Taxes

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Over the twelve months ended June 30, 2026, KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B recorded an income tax benefit of -231.68M rather than an expense, typically from losses, carryforwards, or the release of a tax provision. The company reported a pretax loss of -976.42M and -749.78M in bottom-line net income, so the effective tax rate carries little signal until profitability returns.

Income Tax-231.68M

Stock Price Statistics

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As of the close on October 22, 2026, KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B's stock has gained approximately 58.58% over the past 52 weeks. The 50-day moving average sits at 10.53, while the 200-day moving average is 9.65.

52-Week Price Change58.58%
50-Day Moving Average10.53
200-Day Moving Average9.65

Income Statement

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Over the twelve months ended June 30, 2026, KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B generated 2.10B in revenue and converted that into -749.78M in net income, yielding earnings per share of -0.75. EBITDA reached -832.68M, while operating income came in at -336.42M.

Revenue2.10B
Gross Profit-269.47M
Operating Income-336.42M
Pretax Income-976.42M
Net Income-749.78M
EBITDA-832.68M
EBIT-843.20M
Earnings Per Share (EPS)-0.75

Balance Sheet

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As of June 30, 2026, KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B holds 61.31M in cash and equivalents against 1.50B in total debt, resulting in a net debt position of 1.43B. Total book value stands at 1.44B, with working capital of -592.32M providing operational flexibility.

Cash & Cash Equivalents61.31M
Total Debt1.50B
Net Debt1.43B
Equity (Book Value)1.44B
Book Value Per Share1.44
Working Capital-592.32M

Cash Flow

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KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B produced -380.56M in operating cash flow over the twelve months ended June 30, 2026. After subtracting -14.01M in capital expenditures, free cash flow totaled -394.56M - equivalent to -0.40 per share.

Operating Cash Flow-380.56M
Capital Expenditures-14.01M
Free Cash Flow-394.56M
FCF Per Share-0.40

Margins

Over the twelve months ended June 30, 2026, KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B posted a gross margin of -12.86, reflecting its pricing power and cost economics. The operating margin of -16.05 and net profit margin of -35.78 provide insight into operational efficiency.

Gross Margin-12.86
Operating Margin-16.05
Pretax Margin-46.59
Profit Margin-35.78
EBITDA Margin-39.73

Dividends & Yields

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Over the twelve months ended June 30, 2026, KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B paid dividends of 0.01 per share. The dividend payout ratio of -0.97 is negative because earnings are negative, so the dividend is being paid out of something other than profits, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield is negative at -3.38: the business is consuming cash rather than generating it, so any dividend is not covered by free cash flow. Total shareholder yield is negative at -3.53, meaning KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B raised more capital through share issuance and new debt than it returned via dividends and buybacks.

Dividend Per Share0.01
Payout Ratio-0.97
Shareholder Yield-3.53
FCF Yield-3.38

Stock Splits

KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B's most recent stock split took place on March 12, 2025 with a 647:10533 split ratio.

Last Split Date3/12/2025
Split Ratio647:10533

Scores

As of June 30, 2026, KORAY GAYRIMENKUL YATIRIM ORTAKLIGI A.S. Class B has an Altman Z-Score of 0.19, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score0.19