Turkish (BIST) Beverage Industry Analysis
UpdatedMay 16, 2024
DataAggregated Company Financials
Companies5
- 7D0.5%
- 3M16.8%
- 1Y196.2%
- YTD38.2%
Over the last 7 days, the Beverage industry has risen 1.3%, driven by gains from Coca-Cola Içecek Anonim Sirketi of 1.5%. This takes the industry's 12 month performance to a gain of 207%. As for the next few years, earnings are forecast to decline by 2.0% per annum.
Industry Valuation and Performance
Has the Turkish Beverage Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 16 May 2024 | ₺333.9b | ₺280.5b | ₺44.0b | 11.6x | 7.6x | 1.2x |
| Sat, 13 Apr 2024 | ₺306.2b | ₺275.3b | ₺46.1b | 8.5x | 6.6x | 1.1x |
| Mon, 11 Mar 2024 | ₺278.8b | ₺232.5b | ₺19.9b | 14.9x | 14x | 1.2x |
| Wed, 07 Feb 2024 | ₺274.9b | ₺232.5b | ₺19.9b | 14.8x | 13.8x | 1.2x |
| Fri, 05 Jan 2024 | ₺234.5b | ₺232.5b | ₺19.9b | 12.6x | 11.8x | 1x |
| Sun, 03 Dec 2023 | ₺200.2b | ₺232.5b | ₺19.9b | 10.5x | 10.1x | 0.9x |
| Tue, 31 Oct 2023 | ₺185.3b | ₺195.7b | ₺13.9b | 13.8x | 13.3x | 0.9x |
| Thu, 28 Sep 2023 | ₺181.7b | ₺195.7b | ₺13.9b | 14x | 13x | 0.9x |
| Sat, 26 Aug 2023 | ₺176.2b | ₺195.7b | ₺13.9b | 13.7x | 12.6x | 0.9x |
| Mon, 24 Jul 2023 | ₺141.6b | ₺171.9b | ₺10.7b | 14.6x | 13.3x | 0.8x |
| Wed, 21 Jun 2023 | ₺112.1b | ₺171.9b | ₺10.7b | 11.4x | 10.5x | 0.7x |
| Fri, 19 May 2023 | ₺112.8b | ₺171.9b | ₺10.7b | 11.4x | 10.6x | 0.7x |
| Sun, 16 Apr 2023 | ₺107.5b | ₺153.3b | ₺9.8b | 11.9x | 11x | 0.7x |
| Tue, 14 Mar 2023 | ₺105.2b | ₺152.0b | ₺9.7b | 11.5x | 10.9x | 0.7x |
| Thu, 09 Feb 2023 | ₺78.7b | ₺133.3b | ₺9.0b | 9.4x | 8.8x | 0.6x |
| Sat, 07 Jan 2023 | ₺104.5b | ₺133.3b | ₺9.0b | 12.7x | 11.6x | 0.8x |
| Mon, 05 Dec 2022 | ₺101.9b | ₺133.3b | ₺9.0b | 12.3x | 11.4x | 0.8x |
| Wed, 02 Nov 2022 | ₺82.3b | ₺103.0b | ₺6.1b | 15.7x | 13.5x | 0.8x |
| Fri, 30 Sep 2022 | ₺67.3b | ₺103.0b | ₺6.1b | 13x | 11x | 0.7x |
| Sun, 28 Aug 2022 | ₺75.0b | ₺103.0b | ₺6.1b | 14.3x | 12.3x | 0.7x |
| Tue, 26 Jul 2022 | ₺67.0b | ₺78.6b | ₺4.4b | 23.1x | 15.2x | 0.9x |
| Thu, 23 Jun 2022 | ₺60.5b | ₺78.6b | ₺4.4b | 19.8x | 13.8x | 0.8x |
| Sat, 21 May 2022 | ₺54.8b | ₺78.6b | ₺4.4b | 18.8x | 12.5x | 0.7x |
| Mon, 18 Apr 2022 | ₺57.6b | ₺65.5b | ₺4.5b | 15.2x | 12.8x | 0.9x |
| Wed, 16 Mar 2022 | ₺48.9b | ₺65.5b | ₺4.5b | 12.5x | 10.9x | 0.7x |
| Fri, 11 Feb 2022 | ₺349.9b | ₺58.2b | ₺4.0b | 13.6x | 87.2x | 6x |
| Sun, 09 Jan 2022 | ₺372.0b | ₺58.2b | ₺4.0b | 12.5x | 92.7x | 6.4x |
| Tue, 07 Dec 2021 | ₺48.0b | ₺58.2b | ₺4.0b | 11.9x | 12x | 0.8x |
| Thu, 04 Nov 2021 | ₺42.9b | ₺52.9b | ₺3.8b | 11.7x | 11.2x | 0.8x |
| Sat, 02 Oct 2021 | ₺39.9b | ₺52.9b | ₺3.8b | 10.6x | 10.5x | 0.8x |
| Mon, 30 Aug 2021 | ₺40.4b | ₺52.9b | ₺3.8b | 10.7x | 10.6x | 0.8x |
| Tue, 06 Jul 2021 | ₺39.0b | ₺52.9b | ₺3.8b | 10.4x | 10.2x | 0.7x |
Price to Earnings Ratio
11.9x
Current Industry PE
- Investors are pessimistic on the Turkish Beverage industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 7.6x which is lower than its 3-year average PE of 15.2x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Beverage industry have grown 135% per year over the last three years.
- Revenues for these companies have grown 81% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Turkish Consumer Staples industry?
| TR Market | -0.91% | |
| Consumer Staples | 0.75% | |
| Beverage | 0.50% | |
| Brewers | 0.80% | |
| Soft Drinks | 0.27% | |
| Distillers and Wine Makers | 0% | |
Industry PE
- Investors are most optimistic about the Soft Drinks industry even though it's trading below its 3-year average PE ratio of 21.4x.
- Analysts are expecting annual earnings growth of 11.6%, which is lower than the prior year's growth of 113.3% per year.
- Investors are most pessimistic about the Brewers industry, which is trading below its 3-year average of 9.8x.
Forecasted Growth
- Analysts are most optimistic on the Soft Drinks industry, expecting annual earnings growth of 12% over the next 5 years.
- However this is lower than its past earnings growth rate of 113% per year.
- In contrast, the Brewers industry is expected to see its earnings decline by 24% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| TBORG Türk Tuborg Bira ve Malt Sanayii | ₺93.00 | 2.9% +₺854.6m | 190.6% | PE29.1x | |
| CCOLA Coca-Cola Içecek Anonim Sirketi | ₺726.50 | 0.3% +₺508.7m | 189.7% | PE9x | |
| AEFES Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi | ₺194.40 | 0.3% +₺296.1m | 213.8% | PE5.2x | |
| KRSTL Kristal Kola ve Mesrubat Sanayi Ticaret | ₺8.77 | 0.3% +₺5.8m | 29.7% | PE19.5x |