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Emlak Konut Gayrimenkul Yatirim Ortakligi AS (IST:EKGYO) Asset Turnover : 0.08 (As of Dec. 2024)


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What is Emlak Konut Gayrimenkul Yatirim Ortakligi AS Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Revenue for the three months ended in Dec. 2024 was ₺15,174 Mil. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Total Assets for the quarter that ended in Dec. 2024 was ₺191,118 Mil. Therefore, Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Asset Turnover for the quarter that ended in Dec. 2024 was 0.08.

Asset Turnover is linked to ROE % through Du Pont Formula. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's annualized ROE % for the quarter that ended in Dec. 2024 was 44.34%. It is also linked to ROA % through Du Pont Formula. Emlak Konut Gayrimenkul Yatirim Ortakligi AS's annualized ROA % for the quarter that ended in Dec. 2024 was 20.52%.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS Asset Turnover Historical Data

The historical data trend for Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Asset Turnover 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.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Asset Turnover Chart

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 0.23 0.28 0.28 0.17

Emlak Konut Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Asset Turnover 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 0.10 0.01 0.04 0.05 0.08

Competitive Comparison of Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Asset Turnover

For the REIT - Residential subindustry, Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Asset Turnover, along with its competitors' market caps and Asset Turnover 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.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Asset Turnover Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Asset Turnover distribution charts can be found below:

* The bar in red indicates where Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Asset Turnover falls into.



Emlak Konut Gayrimenkul Yatirim Ortakligi AS Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Asset Turnover for the fiscal year that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=31899.173/( (175395.726+204902.957)/ 2 )
=31899.173/190149.3415
=0.17

Emlak Konut Gayrimenkul Yatirim Ortakligi AS's Asset Turnover for the quarter that ended in Dec. 2024 is calculated as

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=15173.573/( (177333.553+204902.957)/ 2 )
=15173.573/191118.255
=0.08

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS  (IST:EKGYO) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Emlak Konut Gayrimenkul Yatirim Ortakligi AS's annulized ROE % for the quarter that ended in Dec. 2024 is

ROE %**(Q: Dec. 2024 )
=Net Income/Total Stockholders Equity
=39221.096/88464.9885
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(39221.096 / 60694.292)*(60694.292 / 191118.255)*(191118.255/ 88464.9885)
=Net Margin %*Asset Turnover*Equity Multiplier
=64.62 %*0.3176*2.1604
=ROA %*Equity Multiplier
=20.52 %*2.1604
=44.34 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* 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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Emlak Konut Gayrimenkul Yatirim Ortakligi AS's annulized ROA % for the quarter that ended in Dec. 2024 is

ROA %(Q: Dec. 2024 )
=Net Income/Total Assets
=39221.096/191118.255
=(Net Income / Revenue)*(Revenue / Total Assets)
=(39221.096 / 60694.292)*(60694.292 / 191118.255)
=Net Margin %*Asset Turnover
=64.62 %*0.3176
=20.52 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) net income data. The Revenue data used here is four times the quarterly (Dec. 2024) revenue data.

* 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.


Be Aware

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Emlak Konut Gayrimenkul Yatirim Ortakligi AS Asset Turnover Related Terms

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Emlak Konut Gayrimenkul Yatirim Ortakligi AS Business Description

Traded in Other Exchanges
N/A
Address
Barbaros Mahallesi, Mor Sumbul Sokak No :7/2 B, Atasehir, Istanbul, TUR
Emlak Konut Gayrimenkul Yatirim Ortakligi AS, or Emlak Konut REIT, is a Turkish real estate investment trust of which the main shareholder is the Turkish government through the Housing Development Administration of Turkey. The company is primarily engaged in the development and leasing of housing units in urban areas throughout Turkey. Emlak Konut primarily focuses on purchasing and developing real estate projects, such as apartments and townhomes, aimed at middle and upper-middle-class income groups. The vast majority of the company's total revenue is derived from revenue sharing projects in which property income is shared between multiple contractors. The maximum of the leases that Emlak Konut receives rental revenue from are short- to medium-term leases.

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