Panora Gayrimenkul Yatirim Ortakligi AS (IST:PAGYO) FCF Margin %: 83.37% (As of Mar. 2026) — 37% Above Median

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IST:PAGYO Panora Gayrimenkul Yatirim Ortakligi AS IST:PAGYO
73 GF Score
Price ₺163.70
GF Value ₺86.86
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Panora Gayrimenkul Yatirim Ortakligi AS FCF Margin %?

Panora Gayrimenkul Yatirim Ortakligi AS IST:PAGYO +0.43% 73 FCF Margin % is 83.37% as of Mar. 2026, which is 37% above its 10-year median of 61.03. GuruFocus rates IST:PAGYO with a GF Score™ of 73/100 and a GF Value™ of ₺86.86 (Significantly Overvalued). The stock has 7 warning signs investors should review. Among 930 REITs companies, Panora Gayrimenkul Yatirim Ortakligi AS ranks better than 67.31% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Panora Gayrimenkul Yatirim Ortakligi AS's Free Cash Flow for the three months ended in Mar. 2026 was ₺261 Mil. Panora Gayrimenkul Yatirim Ortakligi AS's Revenue for the three months ended in Mar. 2026 was ₺313 Mil. Therefore, Panora Gayrimenkul Yatirim Ortakligi AS's FCF Margin % for the quarter that ended in Mar. 2026 was 83.37%.

As of today, Panora Gayrimenkul Yatirim Ortakligi AS's current FCF Yield % is 4.67%.

The historical rank and industry rank for Panora Gayrimenkul Yatirim Ortakligi AS's FCF Margin % or its related term are showing as below:

IST:PAGYO' s FCF Margin % Range Over the Past 10 Years
Min: 41.76   Med: 61.03   Max: 115.41
Current: 57.55


During the past 13 years, the highest FCF Margin % of Panora Gayrimenkul Yatirim Ortakligi AS was 115.41%. The lowest was 41.76%. And the median was 61.03%.

IST:PAGYO's FCF Margin % is ranked better than
67.31% of 930 companies
in the REITs industry
Industry Median: 40.025 vs IST:PAGYO: 57.55


Panora Gayrimenkul Yatirim Ortakligi AS FCF Margin % Related Terms


Panora Gayrimenkul Yatirim Ortakligi AS FCF Margin % Historical Data

* Premium members only.

The historical data trend for Panora Gayrimenkul Yatirim Ortakligi AS's FCF Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Panora Gayrimenkul Yatirim Ortakligi AS FCF Margin % Chart

Panora Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 63.42 60.03 115.41 41.76 56.59

Panora Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
FCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 78.25 62.46 62.01 28.22 83.37

IST:PAGYO vs SPG, O, KIM: FCF Margin % Comparison

For the REIT - Retail subindustry, Panora Gayrimenkul Yatirim Ortakligi AS's FCF Margin %, along with its competitors' market caps and FCF Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Panora Gayrimenkul Yatirim Ortakligi AS FCF Margin % vs REITs Industry

For the REITs industry and Real Estate sector, Panora Gayrimenkul Yatirim Ortakligi AS's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Panora Gayrimenkul Yatirim Ortakligi AS's FCF Margin % falls into.


IST:PAGYO
73GF Score
Panora Gayrimenkul Yatirim Ortakligi AS IST:PAGYO
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Panora Gayrimenkul Yatirim Ortakligi AS FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Panora Gayrimenkul Yatirim Ortakligi AS's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=629.245/1111.86
=56.59 %

Panora Gayrimenkul Yatirim Ortakligi AS's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=261.29/313.412
=83.37 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about FCF Margin % →
What does a FCF Margin % of 83.37% mean?
Panora Gayrimenkul Yatirim Ortakligi AS (IST:PAGYO) has a FCF Margin % of 83.37% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Panora Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 37% above median its historical median of 61.03. Over the past decade, Panora Gayrimenkul Yatirim Ortakligi AS's FCF Margin % has ranged from 41.76 to 115.41. According to the industry distribution chart, Panora Gayrimenkul Yatirim Ortakligi AS ranks #304 out of 930 companies in the REITs industry, placing it in the top 32.7%.
Is Panora Gayrimenkul Yatirim Ortakligi AS's FCF Margin % too high?
Panora Gayrimenkul Yatirim Ortakligi AS's current FCF Margin % of 83.37% is 37% above median its 10-year median of 61.03. Over the past 10 years, this metric has ranged from a low of 41.76 to a high of 115.41. The REITs industry median FCF Margin % is 40.03. Panora Gayrimenkul Yatirim Ortakligi AS's value of 83.37% is 108.3% above this industry median. Based on the distribution chart, Panora Gayrimenkul Yatirim Ortakligi AS ranks #304 out of 930 companies in the REITs industry, which is above the industry midpoint. Overall, Panora Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Panora Gayrimenkul Yatirim Ortakligi AS's FCF Margin % compare to SPG and O?
According to the REITs industry distribution chart, Panora Gayrimenkul Yatirim Ortakligi AS ranks #304 out of 930 companies for FCF Margin %. This puts Panora Gayrimenkul Yatirim Ortakligi AS in the upper half of its industry. The industry median FCF Margin % is 40.03. Panora Gayrimenkul Yatirim Ortakligi AS's value of 83.37% is 108.3% above this benchmark. Historically, Panora Gayrimenkul Yatirim Ortakligi AS's own FCF Margin % has ranged from 41.76 to 115.41 over the past decade. While the company's 10-year median is 61.03 vs. the industry median of 40.03, Panora Gayrimenkul Yatirim Ortakligi AS has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for a REITs company?
The median FCF Margin % among REITs companies is 40.03, based on 930 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Panora Gayrimenkul Yatirim Ortakligi AS's current FCF Margin % of 83.37% is 108.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Panora Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median FCF Margin % is 40.03 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panora Gayrimenkul Yatirim Ortakligi AS's current FCF Margin % is 83.37%, which is 37% above median its own 10-year median of 61.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Panora Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Panora Gayrimenkul Yatirim Ortakligi AS (IST:PAGYO) is currently considered Significantly Overvalued. The stock's GF Value™ is ₺86.86, compared to a current price of ₺163.70 — trading 88.5% above its estimated fair value. The current FCF Margin % is 83.37%, which is 37% above median its 10-year median of 61.03 and 108.3% above the REITs industry median of 40.03. Panora Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 73/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Panora Gayrimenkul Yatirim Ortakligi AS (IST:PAGYO), the current FCF Margin % is 83.37% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Panora Gayrimenkul Yatirim Ortakligi AS (IST:PAGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Panora Gayrimenkul Yatirim Ortakligi AS stock appears to be overvalued. The current stock price of ₺163.70 is trading 88.5% above its estimated GF Value™ of ₺86.86. GuruFocus considers Panora Gayrimenkul Yatirim Ortakligi AS to be Significantly Overvalued.

Key valuation signals for IST:PAGYO:

  • FCF Margin %: 83.37% (37% above median its 10-year median of 61.03)
  • GF Value™: ₺86.86 vs. price of ₺163.70 (88.5% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 108.3% above the REITs median (#304 of 930)

No single metric tells the full story. See the IST:PAGYO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Panora Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Turan Gunes Boulevard No: 182/1 OE-An, Cankaya, Ankara, TUR
Panora Gayrimenkul Yatirim Ortakligi AS operates & owns shopping centers.
73GF Score

Get the complete analysis for IST:PAGYO

FCF Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₺163.70
Price
₺86.86
GF Value