Mistral Gayrimenkul Yatirim Ortakligi AS

Mistral Gayrimenkul Yatirim Ortakligi AS

BBIST:MSGYO
4.06
TRY
-0.16
(-3.79%)
0.04EPS
186.07P/E
2.99BMarket Cap
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
- -
- -
- -
- -
0.59
0.04
0.03
0.03
0.09
0.37
0.36
0.47
2.35
2.36
Basic EPS, GAAP
0.03
0.01
0.01
-0.01
0.33
0.02
0.07
0.03
0.46
1.76
2.68
0.28
0.13
0.04
Free Cash Flow per Basic Share
- -
- -
- -
-0.09
0.11
0.07
0.04
0.01
0.1
0.16
0.26
- -
-0.82
-0.1
Dividend per Share
- -
- -
- -
- -
- -
0.02
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.1
0.11
0.13
0.12
0.45
0.45
0.53
0.55
1
4.74
9.23
7.84
10.45
13.27
Tangible Book Value per Share
0.1
0.11
0.13
0.12
0.45
0.45
0.53
0.55
1
4.74
9.23
7.84
10.45
13.26
Basic Weighted Avg Shares
470
470
470
470
470
470
470
470
470
470
470
470
470
467
Sales/Revenue/Turnover
- -
- -
- -
- -
277
18
14
12
40
172
167
222
1,106
1,104
Operating Margin (%)
- -
- -
- -
- -
49.19
13.86
45.18
45.52
71.72
59.37
72.33
64.95
36.85
36.14
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
1
Net Income, GAAP
15
4
4
-4
153
9
35
13
215
826
1,260
134
63
19
Effective Tax Rate (%)
20.02
20.16
10.87
- -
- -
- -
- -
- -
- -
- -
- -
47.67
76.78
91.77
Profit Margin (%)
- -
- -
- -
- -
55.32
48.66
243.78
105.92
538.88
480.1
752.73
60.39
5.66
1.72
Working Capital
26
4
-29
-21
80
58
58
61
82
405
601
923
1,490
1,652
LT Debt
- -
- -
4
33
8
- -
- -
- -
- -
- -
- -
- -
- -
- -
Total Equity
49
52
62
58
211
214
249
257
468
2,229
4,338
3,683
4,795
5,228
Return on Invested Capital (%)
- -
0.34
1.4
- -
69.82
7.14
15.67
5.23
58.52
63.16
37.76
1.63
1.59
0.54
Return on Capital (%)
- -
7.48
6.96
- -
85.6
9.91
15.48
4.98
59.51
61.27
38.37
3.34
1.48
0.44
Return on Common Equity (%)
- -
7.48
7.72
-5.9
113.5
4.09
15.1
4.99
59.44
61.27
38.37
3.34
1.48
0.41

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
470
459
394
Market Capitalization
2,781
2,846
2,987

Working Capital

TRY

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
2,183
1,715
1,951
Cash, Cash Equivalents & STI
109
143
249
Accounts Receivable, Net
3
7
2
Inventories
1,943
1,520
1,662
Total Current Liabilities
1,066
225
299
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
84.58%
113.66%
30.21%
Free Cash Flow
- -
-3,145.7%
-16,623.06%
Net Income, GAAP
-264.77%
360.53%
-53.21%
Sales/Revenue/Turnover
- -
199.06%
399.17%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
18
96
24
58
222
2025
51
27
44
989
1,106
2026
45
- -
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.01
0.31
0.13
-0.13
0.28
2025
-0.02
0.04
0.05
0.05
0.13
2026
-0.1
- -
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

CEO
Levent Narin
Full Time Employees
11
Sector
Finance
Industry
Real estate development
Address
Izmir Turkey
IPO Date
Jan 19, 2017
Business
Mistral Gayrimenkul Yatirim Ortakligi AS is a Turkey-based real estate investment trust engaged in property development, real estate investment, asset management, and portfolio operations. Founded in 2012 and headquartered in Izmir, Turkey, the company focuses on creating and operating high-grade commercial, residential, and mixed-use real estate assets, alongside investing in real estate-backed capital market instruments. The company's core products, services, and operational activities encompass mixed-use integrated real estate developments; premium office buildings and corporate workspace facilities; luxury residential housing and seaside villa communities; retail centers, open-air shopping corridors, and culinary zones; hotel and hospitality properties; commercial property leasing, facility management, and tenant administration services; and strategic land portfolio acquisition, project design, and revenue-sharing construction undertakings. Key assets include the landmark LEED Platinum-certified Mistral Izmir complex and the coastal Kumsal Boyalik residential development in Cesme. In recent developments, the company obtained the official building occupancy permit for the Kumsal Boyalik project, entered into a new flat-for-land construction contract for a development parcel in the Mersinli district of Izmir, expanded its paid-in equity capital structure, and renewed its annual asset appraisal engagements with certified real estate valuation institutions across its active property portfolio.