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ZRGYO.IS Borsa Istanbul Real Estate Rental, Development & Operations

Ziraat Gayrimenkul Yatirim Ortakligi AS

$17,43
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Mcap
P/E
EV / Rev
Div yield
0,42 %
Op margin
300,8 %
ROE
9,5 %
Net margin
218,0 %
Debt / equity
0,10
Beta
52w range
Volume
Day range
Prev close
Open
Next earnings
Ex-dividend
TR 1Y
About

Ziraat Gayrimenkul Yatirim Ortakligi AS (ZRGYO.IS) operates in the real estate rental, development, and operations sector, generating revenue primarily through property management, leasing, and real estate development activities.

Business. Ziraat Gayrimenkul Yatirim Ortakligi AS (ZRGYO.IS) is a real estate investment trust engaged in the rental, development, and operations of real estate assets. The company generates revenue primarily through rental income and is headquartered in Turkey. It is listed on the Borsa Istanbul under the ticker symbol ZRGYO.IS. Specific details regarding operating segments or geographic breakdowns are not available.

Classification92 %
SectorReal Estate
IndustryReal Estate Rental, Development & Operations
Generated · model-assisted
Sell-side consensus
consensus pending
— buy— hold— sell
Avg 12m price target
Upcoming events
— missing data
See all catalysts →

At a glance

Score
not yet scored
Valuation
valuation pending
Analysts
not yet wired
Ownership
not yet wired
Profitability
9,5 %
return on equity
Quality
not yet scored

What drives this business

The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.

— missing data

News & coverage

0
  • No recent newsroom coverage mentioning ZRGYO.
  • Sector rotation

    Sector1D1Mvs mkt
    Materials+2,3 %+6,6 %+1,7 %
    Communication Services+2,2 %−5,5 %+1,6 %
    Energy+0,6 %+3,3 %+0,0 %
    Health Care+0,6 %−0,8 %+0,0 %
    Information Technology+0,6 %+6,7 %+0,0 %
    Consumer Discretionary+0,4 %+7,6 %−0,2 %
    Financials−0,3 %−2,8 %−0,9 %
    Consumer Staples−0,4 %+2,5 %−1,0 %
    Real Estate · THIS SECTOR−0,7 %+10,9 %−1,3 %
    Industrials−1,9 %−3,1 %−2,5 %
    Utilities−1,9 %+28,2 %−2,5 %

    Developing storylines

    No tracked sagas currently linked to ZRGYO.IS. Browse all sagas →

    Analysis

    AI analysis
    Generated · analysis pipeline · tier hybrid · as of 2026-08-04 ↑ At a glance

    Opportunity

    — missing data

    Upcoming catalysts

    Scheduled public events. Informational only — not investment advice.

    • Macro
    • Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
    • Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
    • Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
    • Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
    • Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
    • Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
    • Macro & political
    • ElectionSE Swedish Election2026-09-14 · SE
    • ElectionUS U.S. Midterms2026-11-03 · US
    • ElectionFR French Legislative2027-06-01 · FR

    Pre-earnings brief

    — missing data

    Signals & dispatch

    peak dispatch · —

    Composite-score breakdown

    Synthesis

    Business

    Ziraat Gayrimenkul Yatirim Ortakligi AS (ZRGYO.IS) is a real estate investment trust engaged in the rental, development, and operations of real estate assets. The company generates revenue primarily through rental income and is headquartered in Turkey. It is listed on the Borsa Istanbul under the ticker symbol ZRGYO.IS. Specific details regarding operating segments or geographic breakdowns are not available.

    Classification92 %
    SectorReal Estate
    IndustryReal Estate Rental, Development & Operations
    AI synthesis
    GENERATED

    ZRGYO.IS maintains a strong capital structure with a debt-to-equity ratio of 0.1, indicating a conservative leverage position relative to its equity base. The company's liquidity position is characterized as medium, with a current ratio of 0.7, suggesting that it may face challenges in meeting short-term obligations without relying on long-term financing or asset sales. Free cash flow of 7.16 billion TRY supports operational flexibility and potential reinvestment in growth opportunities.

    Profitability metrics show a return on equity (ROE) of 9.52% and a return on assets (ROA) of 7.86%, both of which are strong indicators of efficient capital utilization and asset management. These figures align with the industry's preference for ROIC and ROA as key performance indicators, suggesting that ZRGYO.IS is performing in line with or above the median for its sector.

    The company's revenue is concentrated in a single business segment, with no disclosed geographic diversification. This lack of diversification may expose the company to regional economic fluctuations and regulatory changes, which could impact its revenue stability.

    ZRGYO.IS reported revenue of 3.47 billion TRY in the latest period, with a gross profit of 2.79 billion TRY and an operating income of 10.43 billion TRY. While the company's operating income is significantly higher than its revenue, this may reflect non-operational gains or asset revaluation effects. The outlook for the current fiscal year indicates a positive growth trajectory, supported by strong cash flow generation and a stable equity base.

    The risk assessment highlights a medium liquidity risk, primarily due to a current ratio below 1, and a low dilution risk, with no near-term pressure from share issuance or dilutive events. The company's net cash position is negative after subtracting total debt, which may necessitate additional financing to maintain liquidity.

    Recent filings and transcripts do not indicate any material events or strategic shifts that would significantly alter the company's financial or operational trajectory. The company continues to operate within its established business model, with no disclosed plans for major restructuring or expansion.

    Key takeaways
    • ZRGYO.IS maintains a conservative debt-to-equity ratio of 0.1, indicating a strong equity position relative to its liabilities.
    • The company's ROE of 9.52% and ROA of 7.86% suggest efficient capital and asset utilization.
    • Free cash flow of 7.16 billion TRY provides flexibility for reinvestment and operational needs.
    • The company's liquidity risk is medium, with a current ratio of 0.7, indicating potential short-term liquidity constraints.
    • Revenue is concentrated in a single business segment, with no disclosed geographic diversification.
    • No near-term dilution pressure is expected, with a low dilution risk rating.

    Bull / Bear case

    Generated · model-assisted
    — missing data

    In focus — financials by report

    Valuation

    Market price
    $17,43
    Market cap
    Enterprise value
    P/E
    Non-GAAP P/E
    EV / Revenue
    EV / Op income
    EV / OCF
    P / B
    P / Tangible book
    Tangible book
    $79.33B
    Net cash
    -$7.93B
    Current ratio
    0.7
    Debt / equity
    0.1
    ROA
    7.9%
    ROE
    9.5%
    Cash conversion
    15.0%
    CapEx / revenue
    SBC / revenue
    Dilution ratio
    0.0%

    Revenue by segment

    Market share

    — missing data

    Business relationships

    — missing data

    Supply chain

    — missing data

    Peer comparison

    — missing data

    Market position

    Stress test

    — missing data

    Predictor forecast

    Options

    — missing data

    Short squeeze

    — missing data

    Earnings-call key lines

    — missing data

    Estimate revisions

    consensus EPS · 26-week trend
    — missing data

    Sell-side observations

    — missing data

    Themes

    — missing data

    ESG

    — missing data

    Risk factors

    Dilution riskLow
    Liquidity riskMedium
    Filing-based flags
    • Net cash is negative after subtracting total debt.

    Benchmarks vs cohort

    Op Margin300,8 %Best in class
    Net Margin218,0 %Best in class
    ROE9,5 %Above P75
    D/E0,10Above P75
    Cash Conv0,15Below median

    Corporate actions / M&A

    — missing data

    FX exposure

    — missing data

    Comparable transactions

    — missing data

    Derivatives & instruments

    — missing data

    Actions

    Ask Handelsavisen

    — missing data
    Data sources
    • Market data
    • Market data cache
    • Issuer disclosures
    • Public news
    • Earnings transcripts
    • Consensus estimates
    • ESG data
    How metrics are computed
    • Dilution Ratio
      (shares_outstanding_diluted - shares_outstanding_basic) / shares_outstanding_basic
    • Net Cash
      cash_and_equivalents + short_term_investments - short_term_debt - long_term_debt
    • Return On Equity
      net_income / total_equity
    • Debt To Equity
      (short_term_debt + long_term_debt) / total_equity
    • Cash Conversion Ratio
      operating_cash_flow / net_income
    • Return On Assets
      net_income / total_assets
    Source documents
    • Ziraat Gayrimenkul Yatirim Ortakligi AS Market data — financials · 2026-05-30

    Ownership & reference

    Insider activity

    — missing data

    Short positioning

    — missing data

    Geographic breakdown

    — missing data
    Listings · one canonical issuer all listings resolve to the canonical
    ZRGYO.ISCanonical
    Borsa Istanbul · USD

    Intel & risk

    peak dispatch · —
    OSINT findings
    Dilution riskLow
    Liquidity riskMedium
    Net cash is negative after subtracting total debt.

    Evidence & claims

    From filings & derived data
    — missing data

    The Thread

    Everything we know, in order
    — missing data
    Sources filings · IR · transcripts · market data · tier hybrid · as of 2026-08-04 Market data · Issuer disclosures · Public news · Earnings transcripts · Consensus estimates · ESG data Premium coverage