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Korfez Gayrimenkul Yatirim Ortakligi AS

Korfez Gayrimenkul Yatirim Ortakligi AS

BBIST:KRGYO
3.14
TRY
+0.01
(+0.32%)
0.11EPS
24.62P/E
2.64BMarket Cap
Korfez Gayrimenkul Yatirim Ortakligi AS
BIST:KRGYO
(Istanbul Exchange)

Recent

price

3.14

P/E

ratio

24.62

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
TRY
- -
- -
- -
0.1
0.09
0.02
0.01
0.03
0.04
0.11
0.16
1.29
0.62
0.4
Revenue per Share
- -
- -
- -
0.05
0.01
0.01
0.02
0.01
0.03
0.12
0.24
0.52
0.28
0.11
Basic EPS, GAAP
0.01
0.01
0.01
- -
-0.03
- -
0.01
0.05
0.01
0.04
0.09
0.37
0.7
0.33
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
0.04
0.06
0.06
0.11
0.12
0.13
0.14
0.15
0.18
0.81
1.41
1.96
2.43
2.62
Book Value per Share
0.04
0.06
0.06
0.11
0.12
0.13
0.14
0.15
0.18
0.81
1.41
1.96
2.43
2.62
Tangible Book Value per Share
803
740
803
803
803
803
803
803
803
803
803
170
508
745
Basic Weighted Avg Shares
- -
- -
- -
78
70
18
12
22
28
85
127
219
317
296
Sales/Revenue/Turnover
- -
- -
- -
42.6
11.68
13.95
8.53
12.88
31.44
29.26
25.5
23.97
28.6
22.85
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
2
3
5
6
7
Depreciation Expense
- -
- -
-1
37
11
5
13
6
24
96
196
87
142
81
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
46.36
65.45
Effective Tax Rate (%)
- -
- -
- -
46.79
15.08
25.5
116.17
29.19
86.58
113.3
154.18
39.84
44.83
27.26
Profit Margin (%)
2
24
49
85
96
89
95
80
83
370
738
572
1,539
1,681
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
1
5
4
- -
- -
- -
LT Debt
32
49
49
85
96
100
114
120
144
651
1,136
1,575
2,408
2,596
Total Equity
- -
- -
- -
49.82
9.01
2.6
2.64
2.31
5.38
7.46
27.29
6.96
4.33
2.45
Return on Invested Capital (%)
- -
- -
- -
54.71
11.61
4.75
12.53
5.37
18.44
24.54
21.86
7.47
7.27
4.17
Return on Capital (%)
- -
-0.94
-1.55
54.71
11.61
4.75
12.53
5.37
18.46
24.11
21.89
6.45
7.14
4.12
Return on Common Equity (%)

Capital Structure

TRY

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
990
990
990
Market Capitalization
3,218
2,822
2,643

Working Capital

TRY

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
1,521
1,720
1,878
Cash, Cash Equivalents & STI
850
1,115
1,201
Accounts Receivable, Net
7
11
13
Inventories
610
570
619
Total Current Liabilities
135
180
197
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
64.86%
107.47%
52.91%
Free Cash Flow
-236.04%
153.24%
462.64%
Net Income, GAAP
-420.5%
138.66%
62.75%
Sales/Revenue/Turnover
- -
79.77%
44.64%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
36
19
127
39
219
2025
46
123
43
102
317
2026
29
- -
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.02
- -
0.09
0.03
0.52
2025
- -
0.15
0.01
0.01
0.28
2026
-0.05
- -
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Korfez Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust engaged in the development, investment, management, and leasing of real estate properties and project portfolios in compliance with participation finance principles. Founded in 2011 and headquartered in Istanbul, Turkey, the company operates as a subsidiary of Kuveyt Turk Katilim Bankasi AS, a member of the Kuwait Finance House Group. The company manages a diversified portfolio focused on residential, commercial, and land development assets across major metropolitan areas and strategic growth regions in Turkey. Its core operations and service offerings encompass residential property development, including multi-family housing complexes, modern apartment buildings, and residential communities; commercial real estate development and asset management, including office spaces, business centers, banking branch facilities, and retail properties; land banking and zoning development, involving the acquisition, parceling, and infrastructure preparation of strategic land plots for future commercial and residential development; real estate leasing and property management services, generating recurring rental income from commercial and corporate tenants; and turnkey real estate project development, feasibility analysis, and construction supervision conducted in alignment with Capital Markets Board regulations. Korfez Gayrimenkul Yatirim Ortakligi AS primarily serves individual homebuyers, corporate clients, retail and commercial tenants, and institutional real estate investors. In recent operational developments, the company has executed capital increases to strengthen its balance sheet and finance ongoing project development, expanded its land bank through strategic acquisitions in high-demand residential and commercial corridors, entered into revenue-sharing and joint development partnerships with contracting firms, and diversified its income-generating property holdings to expand stable rental revenue streams.