Nurol Gayrimenkul Yatirim Ortakligi A.S.

Nurol Gayrimenkul Yatirim Ortakligi A.S.

BBIST:NUGYO
5.91
TRY
-0.26
(-4.21%)
-3.13EPS
3.19BMarket 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
0.21
0.16
2.6
6.36
4.39
2.8
2.05
1.05
1.58
6.29
0.58
4.99
2.26
2.36
Basic EPS, GAAP
-0.43
-0.79
-2.64
2.06
0.14
-2.95
-2.2
-0.81
-0.34
1.63
3.27
0.68
-1.42
-3.13
Free Cash Flow per Basic Share
-2.83
-6.94
1.6
0.22
0.16
-2.7
-0.75
0.89
0.8
1.51
-0.39
0.32
0.15
-0.13
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
1.31
0.52
1.38
2.58
2.72
-0.23
1.74
1.13
1.31
6.78
13.05
20.56
19.15
20.55
Tangible Book Value per Share
1.31
0.52
1.38
2.58
2.72
-0.23
1.74
1.13
1.31
6.78
13.05
20.56
19.15
20.55
Basic Weighted Avg Shares
40
40
40
73
80
80
132
269
307
329
335
335
335
334
Sales/Revenue/Turnover
8
6
104
467
352
224
270
283
484
2,068
195
1,673
759
788
Operating Margin (%)
-177.75
-207.56
39.23
21.16
19.55
10.85
26.8
25.98
41.64
3.66
-45.89
2.02
-5.32
-13.66
Depreciation Expense
- -
- -
- -
1
- -
- -
- -
- -
1
3
4
7
8
7
Net Income, GAAP
-17
-32
-106
151
11
-236
-291
-217
-104
535
1,098
228
-476
-1,045
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
21.59
- -
- -
Profit Margin (%)
-206.14
-486.27
-101.44
32.35
3.15
-105.36
-107.54
-76.83
-21.4
25.84
563.51
13.6
-62.75
-132.55
Working Capital
124
396
251
151
-250
-577
-291
-653
-413
48
154
480
692
840
LT Debt
180
515
378
491
466
572
507
181
395
- -
- -
- -
- -
- -
Total Equity
53
21
55
206
217
-19
357
330
403
2,273
4,377
6,895
6,423
6,891
Return on Invested Capital (%)
- -
- -
- -
33.3
13.78
- -
- -
- -
- -
11.72
31.29
1.58
- -
- -
Return on Capital (%)
- -
- -
- -
25.48
10.4
- -
- -
- -
- -
38.95
31.84
6.07
- -
- -
Return on Common Equity (%)
-28.26
-85.96
-277.03
115.45
5.22
- -
- -
-63.25
-28.29
39.95
33.02
4.04
-7.15
-16.22

Capital Structure

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
335
335
335
Market Capitalization
3,722
2,968
3,186

Working Capital

TRY

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
989
1,000
1,042
Cash, Cash Equivalents & STI
393
373
570
Accounts Receivable, Net
344
356
215
Inventories
197
216
198
Total Current Liabilities
298
204
203
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
1
Deferred Revenue
- -
- -
- -

Growth Rates

TRY

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-123.21%
125.94%
-6.85%
Free Cash Flow
-248.93%
-51.32%
-53.65%
Net Income, GAAP
-352.05%
-190.23%
-309.23%
Sales/Revenue/Turnover
132.47%
202.39%
-54.65%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
560
249
355
332
1,673
2025
212
72
113
403
759
2026
66
207
- -
- -
- -

Quarterly Earnings Per Share

TRY

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.33
0.21
-0.06
0.11
0.68
2025
-0.96
-0.15
- -
-0.91
-1.42
2026
-0.73
-1.47
- -
- -
- -

Quarterly Dividends Per Share

TRY

•

in mil. unless spec.

Year

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

Company Description

CEO
Erol Arman
Full Time Employees
43
Sector
Finance
Industry
Real estate investment trusts
Address
Istanbul Turkey
IPO Date
Dec 15, 1999
Business
Nurol Gayrimenkul Yatirim Ortakligi A.S. is a Turkey-based real estate investment trust engaged in the investment, development, construction management, marketing, and leasing of high-end residential, commercial, and mixed-use properties, as well as the administration of real estate-backed securities. Founded in 1997 and headquartered in Istanbul, Turkey, the company operates as a publicly listed subsidiary of industrial conglomerate Nurol Holding A.S. The company segments its primary portfolio and service activities into: luxury residential developments, comprising high-rise residences, branded apartment towers, lofts, and suburban villa communities, such as Nurol Life Seyrantepe and Zekeriyakoy Evleri; commercial office properties, encompassing grade-A office spaces, LEED Gold-certified office towers, and flexible home-office units, such as Nurol Tower Mecidiyekoy and Nurol Plaza Maslak; retail and mixed-use complexes, encompassing master-planned urban life centers, shopping complexes, and cultural assets, such as Nurol Park Gunesli, Oasis Shopping and Culture Center in Bodrum, and Karum Business and Shopping Center in Ankara; and property management and leasing services, including tenant administration, asset valuation, and real estate portfolio optimization. In recent operational developments, Nurol Gayrimenkul Yatirim Ortakligi A.S. has executed key strategic growth and portfolio monetization initiatives. The company initiated the development of the Urla 77 luxury villa project in Izmir via its fifty percent-owned NP Joint Venture, securing a construction contracting agreement with Nurol Insaat and entering into a revenue-sharing agreement with Is Portfoy Rinnova Fund. Furthermore, the company signed a memorandum of understanding to develop a 100-decar mixed property in Buyukcekmece, Istanbul, executed multi-unit commercial real estate divestments within Nurol Tower to monetize completed inventory, and reaffirmed its long-term strategic focus on agile, high-margin, value-added residential and commercial projects across Turkey.