Korfez Gayrimenkul Yatirim Ortakligi AS (IST:KRGYO) Operating Margin %: -64.33% (As of Mar. 2026)


IST:KRGYO Korfez Gayrimenkul Yatirim Ortakligi AS IST:KRGYO
73 GF Score
Price ₺2.62
GF Value ₺4.35
Valuation Significantly Undervalued
! 2 Warning Signs
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What is Korfez Gayrimenkul Yatirim Ortakligi AS Operating Margin %?

Korfez Gayrimenkul Yatirim Ortakligi AS IST:KRGYO 73 Operating Margin % is -64.33% as of Mar. 2026. GuruFocus rates IST:KRGYO with a GF Score™ of 73/100 and a GF Value™ of ₺4.35 (Significantly Undervalued). The stock has 2 warning signs investors should review. Among 749 REITs companies, Korfez Gayrimenkul Yatirim Ortakligi AS ranks worse than 79.17% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Korfez Gayrimenkul Yatirim Ortakligi AS's Operating Income for the three months ended in Mar. 2026 was ₺-18.4 Mil. Korfez Gayrimenkul Yatirim Ortakligi AS's Revenue for the three months ended in Mar. 2026 was ₺28.5 Mil. Therefore, Korfez Gayrimenkul Yatirim Ortakligi AS's Operating Margin % for the quarter that ended in Mar. 2026 was -64.33%.

Good Sign:

Korfez Gayrimenkul Yatirim Ortakligi AS operating margin is expanding. Margin expansion is usually a good sign.

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

IST:KRGYO' s Operating Margin % Range Over the Past 10 Years
Min: 8.53   Med: 24.74   Max: 42.6
Current: 22.85


IST:KRGYO's Operating Margin % is ranked worse than
79.17% of 749 companies
in the REITs industry
Industry Median: 52.63 vs IST:KRGYO: 22.85

Korfez Gayrimenkul Yatirim Ortakligi AS's 5-Year Average Operating Margin % Growth Rate was 9.10% per year.

Korfez Gayrimenkul Yatirim Ortakligi AS's Operating Income for the three months ended in Mar. 2026 was ₺-18.4 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₺67.7 Mil.


Korfez Gayrimenkul Yatirim Ortakligi AS  (IST:KRGYO) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Korfez Gayrimenkul Yatirim Ortakligi AS Operating Margin % Related Terms


Korfez Gayrimenkul Yatirim Ortakligi AS Operating Margin % Historical Data

* Premium members only.

The historical data trend for Korfez Gayrimenkul Yatirim Ortakligi AS's Operating 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.

Korfez Gayrimenkul Yatirim Ortakligi AS Operating Margin % Chart

Korfez Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.45 29.26 25.50 23.97 28.60

Korfez 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
Operating 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 -3.18 64.97 1.44 5.47 -64.33

IST:KRGYO vs AVB, EQR, ESS: Operating Margin % Comparison

For the REIT - Residential subindustry, Korfez Gayrimenkul Yatirim Ortakligi AS's Operating Margin %, along with its competitors' market caps and Operating 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.


Korfez Gayrimenkul Yatirim Ortakligi AS Operating Margin % vs REITs Industry

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

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


IST:KRGYO
73GF Score
Korfez Gayrimenkul Yatirim Ortakligi AS IST:KRGYO
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Korfez Gayrimenkul Yatirim Ortakligi AS Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=90.751 / 317.296
=28.60 %

Korfez Gayrimenkul Yatirim Ortakligi AS's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-18.352 / 28.529
=-64.33 %

* 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 Operating Margin % →
What does a Operating Margin % of -64.33% mean?
Korfez Gayrimenkul Yatirim Ortakligi AS (IST:KRGYO) has a Operating Margin % of -64.33% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Korfez Gayrimenkul Yatirim Ortakligi AS and its competitors. Over the past decade, Korfez Gayrimenkul Yatirim Ortakligi AS's Operating Margin % has ranged from 8.53 to 42.60. According to the industry distribution chart, Korfez Gayrimenkul Yatirim Ortakligi AS ranks #593 out of 749 companies in the REITs industry, placing it in the top 79.2%.
Is Korfez Gayrimenkul Yatirim Ortakligi AS's Operating Margin % too high?
Korfez Gayrimenkul Yatirim Ortakligi AS's current Operating Margin % is -64.33%. Over the past 10 years, this metric has ranged from a low of 8.53 to a high of 42.60. Based on the distribution chart, Korfez Gayrimenkul Yatirim Ortakligi AS ranks #593 out of 749 companies in the REITs industry, which is in the bottom quartile relative to peers. Overall, Korfez Gayrimenkul Yatirim Ortakligi AS has a GF Score™ of 73/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Korfez Gayrimenkul Yatirim Ortakligi AS's Operating Margin % compare to AVB and EQR?
According to the REITs industry distribution chart, Korfez Gayrimenkul Yatirim Ortakligi AS ranks #593 out of 749 companies for Operating Margin %. This places Korfez Gayrimenkul Yatirim Ortakligi AS in the lower half of its industry. The industry median Operating Margin % is 52.63. Historically, Korfez Gayrimenkul Yatirim Ortakligi AS's own Operating Margin % has ranged from 8.53 to 42.60 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Margin % for a REITs company?
The median Operating Margin % among REITs companies is 52.63, based on 749 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Korfez Gayrimenkul Yatirim Ortakligi AS and its competitors. For the REITs industry, the median Operating Margin % is 52.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Korfez Gayrimenkul Yatirim Ortakligi AS's current Operating Margin % is -64.33%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Korfez Gayrimenkul Yatirim Ortakligi AS stock overvalued right now?
Based on GuruFocus' analysis, Korfez Gayrimenkul Yatirim Ortakligi AS (IST:KRGYO) is currently considered Significantly Undervalued. The stock's GF Value™ is ₺4.35, compared to a current price of ₺2.62 — trading 39.8% below its estimated fair value. The current Operating Margin % is -64.33%. Korfez Gayrimenkul Yatirim Ortakligi AS's overall GF Score™ is 73/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Korfez Gayrimenkul Yatirim Ortakligi AS (IST:KRGYO), the current Operating Margin % is -64.33% 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 Korfez Gayrimenkul Yatirim Ortakligi AS (IST:KRGYO) Overvalued in 2026?

Based on GuruFocus' analysis, Korfez Gayrimenkul Yatirim Ortakligi AS stock appears to be undervalued. The current stock price of ₺2.62 is trading 39.8% below its estimated GF Value™ of ₺4.35. GuruFocus considers Korfez Gayrimenkul Yatirim Ortakligi AS to be Significantly Undervalued.

Key valuation signals for IST:KRGYO:

  • Operating Margin %: -64.33%
  • GF Value™: ₺4.35 vs. price of ₺2.62 (39.8% below fair value)
  • GF Score™: 73/100 with 2 warning signs

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


Korfez Gayrimenkul Yatirim Ortakligi AS Business Description

Industry Real EstateREITs
Address Buyukdere Caddesi No:129/1 K:9, Esentepe - Sisli, Istanbul, TUR
Korfez Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust. The company is engaged in residential and commercial properties.
73GF Score

Get the complete analysis for IST:KRGYO

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

₺2.62
Price
₺4.35
GF Value