Panora Gayrimenkul Yatirim Ortakligi AS (IST:PAGYO) Net Margin %: 56.01% (As of Mar. 2026) — 55% Below 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 Net Margin %?

Panora Gayrimenkul Yatirim Ortakligi AS IST:PAGYO +0.43% 73 Net Margin % is 56.01% as of Mar. 2026, which is 55% below its 10-year median of 124.74. 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 924 REITs companies, Panora Gayrimenkul Yatirim Ortakligi AS ranks better than 93.94% on this metric.

Net margin is calculated as Net Income divided by its Revenue. Panora Gayrimenkul Yatirim Ortakligi AS's Net Income for the three months ended in Mar. 2026 was ₺176 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 net margin for the quarter that ended in Mar. 2026 was 56.01%.

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

IST:PAGYO' s Net Margin % Range Over the Past 10 Years
Min: 55.5   Med: 124.74   Max: 585.91
Current: 143.94


IST:PAGYO's Net Margin % is ranked better than
93.94% of 924 companies
in the REITs industry
Industry Median: 45.23 vs IST:PAGYO: 143.94

Panora Gayrimenkul Yatirim Ortakligi AS  (IST:PAGYO) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Panora Gayrimenkul Yatirim Ortakligi AS Net Margin % Related Terms


Panora Gayrimenkul Yatirim Ortakligi AS Net Margin % Historical Data

* Premium members only.

The historical data trend for Panora Gayrimenkul Yatirim Ortakligi AS's Net 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 Net Margin % Chart

Panora Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 331.95 575.80 585.91 108.25 141.23

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
Net 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 24.40 110.61 66.08 298.24 56.01

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

For the REIT - Retail subindustry, Panora Gayrimenkul Yatirim Ortakligi AS's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs REITs Industry

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

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


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

Panora Gayrimenkul Yatirim Ortakligi AS Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=1570.249/1111.86
=141.23 %

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

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=175.549/313.412
=56.01 %

* 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 Net Margin % →
What does a Net Margin % of 56.01% mean?
Panora Gayrimenkul Yatirim Ortakligi AS (IST:PAGYO) has a Net Margin % of 56.01% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Panora Gayrimenkul Yatirim Ortakligi AS and its competitors. This is 55% below median its historical median of 124.74. Over the past decade, Panora Gayrimenkul Yatirim Ortakligi AS's Net Margin % has ranged from 55.50 to 585.91. According to the industry distribution chart, Panora Gayrimenkul Yatirim Ortakligi AS ranks #56 out of 924 companies in the REITs industry, placing it in the top 6.1%.
Is Panora Gayrimenkul Yatirim Ortakligi AS's Net Margin % too high?
Panora Gayrimenkul Yatirim Ortakligi AS's current Net Margin % of 56.01% is 55% below median its 10-year median of 124.74. Over the past 10 years, this metric has ranged from a low of 55.50 to a high of 585.91. The REITs industry median Net Margin % is 45.23. Panora Gayrimenkul Yatirim Ortakligi AS's value of 56.01% is 23.8% above this industry median. Based on the distribution chart, Panora Gayrimenkul Yatirim Ortakligi AS ranks #56 out of 924 companies in the REITs industry, which is in the top quartile — a strong position relative to peers. 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 Net Margin % compare to SPG and O?
According to the REITs industry distribution chart, Panora Gayrimenkul Yatirim Ortakligi AS ranks #56 out of 924 companies for Net Margin %. This places Panora Gayrimenkul Yatirim Ortakligi AS in the top 6% of its industry — outperforming the majority of peers. The industry median Net Margin % is 45.23. Panora Gayrimenkul Yatirim Ortakligi AS's value of 56.01% is 23.8% above this benchmark. Historically, Panora Gayrimenkul Yatirim Ortakligi AS's own Net Margin % has ranged from 55.50 to 585.91 over the past decade. While the company's 10-year median is 124.74 vs. the industry median of 45.23, 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 Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.23, based on 924 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net 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 Net Margin % of 56.01% is 23.8% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Panora Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Net Margin % is 45.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Panora Gayrimenkul Yatirim Ortakligi AS's current Net Margin % is 56.01%, which is 55% below median its own 10-year median of 124.74. 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 Net Margin % is 56.01%, which is 55% below median its 10-year median of 124.74 and 23.8% above the REITs industry median of 45.23. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Panora Gayrimenkul Yatirim Ortakligi AS (IST:PAGYO), the current Net Margin % is 56.01% 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:

  • Net Margin %: 56.01% (55% below median its 10-year median of 124.74)
  • GF Value™: ₺86.86 vs. price of ₺163.70 (88.5% above fair value)
  • GF Score™: 73/100 with 7 warning signs
  • Industry Position: 23.8% above the REITs median (#56 of 924)

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

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

₺163.70
Price
₺86.86
GF Value