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Akfen Gayrimenkul Yatirim Ortakligi (IST:AKFGY) Market Cap : ₺8,502.0 Mil (As of Dec. 11, 2024)


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What is Akfen Gayrimenkul Yatirim Ortakligi Market Cap?

Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). Akfen Gayrimenkul Yatirim Ortakligi's share price for the quarter that ended in Sep. 2024 was ₺2.05. Akfen Gayrimenkul Yatirim Ortakligi's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 3,900.0 Mil. Therefore, Akfen Gayrimenkul Yatirim Ortakligi's market cap for the quarter that ended in Sep. 2024 was ₺7,995.0 Mil.

Akfen Gayrimenkul Yatirim Ortakligi's quarterly market cap increased from Mar. 2024 (₺8,697.0 Mil) to Jun. 2024 (₺9,048.0 Mil) but then declined from Jun. 2024 (₺9,048.0 Mil) to Sep. 2024 (₺7,995.0 Mil).

Akfen Gayrimenkul Yatirim Ortakligi's annual market cap declined from Dec. 2021 (₺9,509.2 Mil) to Dec. 2022 (₺6,864.0 Mil) but then increased from Dec. 2022 (₺6,864.0 Mil) to Dec. 2023 (₺7,664.7 Mil).

Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. Akfen Gayrimenkul Yatirim Ortakligi's Enterprise Value for Today is ₺10,394.7 Mil.


Akfen Gayrimenkul Yatirim Ortakligi Market Cap Historical Data

The historical data trend for Akfen Gayrimenkul Yatirim Ortakligi's Market Cap 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.

* Premium members only.

Akfen Gayrimenkul Yatirim Ortakligi Market Cap Chart

Akfen Gayrimenkul Yatirim Ortakligi Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 719.95 851.50 9,509.21 6,863.97 7,664.68

Akfen Gayrimenkul Yatirim Ortakligi Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap 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 6,486.98 7,664.68 8,697.00 9,048.00 7,995.00

Competitive Comparison of Akfen Gayrimenkul Yatirim Ortakligi's Market Cap

For the REIT - Hotel & Motel subindustry, Akfen Gayrimenkul Yatirim Ortakligi's Market Cap, along with its competitors' market caps and Market Cap 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.


Akfen Gayrimenkul Yatirim Ortakligi's Market Cap Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Akfen Gayrimenkul Yatirim Ortakligi's Market Cap distribution charts can be found below:

* The bar in red indicates where Akfen Gayrimenkul Yatirim Ortakligi's Market Cap falls into.



Akfen Gayrimenkul Yatirim Ortakligi Market Cap Calculation

Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.

Akfen Gayrimenkul Yatirim Ortakligi's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=₺1.97*3890.7
=₺7,664.7

Akfen Gayrimenkul Yatirim Ortakligi's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=₺2.05*3900
=₺7,995.0

* 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.


Akfen Gayrimenkul Yatirim Ortakligi  (IST:AKFGY) Market Cap Explanation

Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the company’s debt. The real price you pay is the Enterprise Value.

Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.


Akfen Gayrimenkul Yatirim Ortakligi Market Cap Related Terms

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Akfen Gayrimenkul Yatirim Ortakligi Business Description

Traded in Other Exchanges
N/A
Address
Levent Loft, Buyukdere Caddesi No. 201, C Blok Kat 8, Istanbul, TUR
Akfen Gayrimenkul Yatirim Ortakligi is a real estate investment trust. The group's main operations and activities are investing in real estates, real estate projects, and real estate-based capital markets instruments and to create and develop a real estate portfolio. The group is mainly developing hotels with Ibis Hotel and Novotel trademarks and leasing the hotels to Tamaris Turizm A.S. It is organized geographically across three principal operating segments: Turkey, Northern Cyprus, and Russia. Geographically the company receives maximum revenue from Turkey.

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