Turkish (BIST) Telecom Sector Analysis
UpdatedMay 17, 2024
DataAggregated Company Financials
Companies11
- 7D1.3%
- 3M25.4%
- 1Y157.1%
- YTD52.5%
In the last week, the Telecom industry is up 1.3%, with Turkcell Iletisim Hizmetleri up 1.1%. This takes the industry's 12 month performance to a gain of 157%. Looking forward, earnings are forecast to grow by 31% annually.
Sector Valuation and Performance
Has the Turkish Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 17 May 2024 | ₺349.3b | ₺214.5b | ₺26.8b | 13.5x | 13x | 1.6x |
| Sun, 14 Apr 2024 | ₺310.6b | ₺184.6b | ₺17.1b | 14.3x | 18.2x | 1.7x |
| Tue, 12 Mar 2024 | ₺260.4b | ₺158.3b | ₺23.9b | 14.6x | 10.9x | 1.6x |
| Thu, 08 Feb 2024 | ₺276.7b | ₺158.3b | ₺23.9b | 15.7x | 11.6x | 1.7x |
| Sat, 06 Jan 2024 | ₺240.4b | ₺158.3b | ₺23.9b | 14.1x | 10.1x | 1.5x |
| Mon, 04 Dec 2023 | ₺228.1b | ₺158.3b | ₺23.9b | 15.9x | 9.5x | 1.4x |
| Wed, 01 Nov 2023 | ₺184.9b | ₺136.2b | ₺17.5b | 20.9x | 10.6x | 1.4x |
| Fri, 29 Sep 2023 | ₺206.4b | ₺136.2b | ₺17.5b | 17.1x | 11.8x | 1.5x |
| Sun, 27 Aug 2023 | ₺234.9b | ₺136.2b | ₺17.5b | 18.2x | 13.5x | 1.7x |
| Tue, 25 Jul 2023 | ₺186.3b | ₺119.1b | ₺18.0b | 17.3x | 10.3x | 1.6x |
| Thu, 22 Jun 2023 | ₺149.2b | ₺118.9b | ₺17.9b | 11.5x | 8.3x | 1.3x |
| Sat, 20 May 2023 | ₺135.7b | ₺118.9b | ₺17.9b | 9.2x | 7.6x | 1.1x |
| Mon, 17 Apr 2023 | ₺165.8b | ₺106.1b | ₺15.9b | 17.9x | 10.4x | 1.6x |
| Wed, 15 Mar 2023 | ₺158.3b | ₺106.1b | ₺15.9b | 18.6x | 10x | 1.5x |
| Fri, 10 Feb 2023 | ₺145.0b | ₺94.1b | ₺10.9b | 15.5x | 13.3x | 1.5x |
| Sun, 08 Jan 2023 | ₺190.4b | ₺94.1b | ₺10.9b | 22x | 17.5x | 2x |
| Tue, 06 Dec 2022 | ₺153.5b | ₺94.1b | ₺10.9b | 20.1x | 14.1x | 1.6x |
| Thu, 03 Nov 2022 | ₺119.7b | ₺84.4b | ₺10.8b | 13.5x | 11.1x | 1.4x |
| Sat, 01 Oct 2022 | ₺91.1b | ₺84.4b | ₺10.8b | 11.1x | 8.4x | 1.1x |
| Mon, 29 Aug 2022 | ₺93.6b | ₺84.4b | ₺10.8b | 12.3x | 8.6x | 1.1x |
| Wed, 27 Jul 2022 | ₺75.7b | ₺77.3b | ₺9.9b | 15.1x | 7.6x | 1x |
| Fri, 24 Jun 2022 | ₺77.5b | ₺77.3b | ₺9.9b | 15.6x | 7.8x | 1x |
| Sun, 22 May 2022 | ₺78.2b | ₺77.1b | ₺9.9b | 15.6x | 7.9x | 1x |
| Tue, 19 Apr 2022 | ₺102.1b | ₺72.2b | ₺11.1b | 17.9x | 9.2x | 1.4x |
| Thu, 17 Mar 2022 | ₺85.1b | ₺71.2b | ₺11.0b | 14.9x | 7.7x | 1.2x |
| Sat, 12 Feb 2022 | ₺82.2b | ₺66.6b | ₺10.7b | 19.6x | 7.7x | 1.2x |
| Mon, 10 Jan 2022 | ₺86.6b | ₺66.9b | ₺10.7b | 12.2x | 8.1x | 1.3x |
| Wed, 08 Dec 2021 | ₺87.8b | ₺66.9b | ₺10.7b | 12.1x | 8.2x | 1.3x |
| Fri, 05 Nov 2021 | ₺70.7b | ₺65.2b | ₺10.5b | 12x | 6.7x | 1.1x |
| Sun, 03 Oct 2021 | ₺62.9b | ₺63.9b | ₺8.9b | 11.7x | 7.1x | 1x |
| Tue, 31 Aug 2021 | ₺65.7b | ₺63.9b | ₺8.9b | 12.3x | 7.4x | 1x |
| Wed, 07 Jul 2021 | ₺60.9b | ₺63.9b | ₺8.9b | 11.3x | 6.8x | 1x |
Price to Earnings Ratio
7.4x
Current Industry PE
- Investors are optimistic on the Turkish Communication Services industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 13.0x which is higher than its 3-year average PE of 9.8x.
- The 3-year average PS ratio of 1.3x is lower than the industry's current PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Communication Services industry have grown 48% per year over the last three years.
- Revenues for these companies have grown 52% 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 Telecom sector?
| TR Market | -0.18% | |
| Telecom | 1.31% | |
| Media | 7.12% | |
| Wireless Telecom | 1.13% | |
| Telecom Services and Carriers | 1.06% | |
| Entertainment | 0% | |
| Interactive Media and Services | 0% | |
Industry PE
- Investors are most optimistic about the Wireless Telecom industry which is trading above its 3-year average PE ratio of 8.8x.
- Analysts are expecting annual earnings growth of 44.5%, which is lower than the prior year's growth of 75.3% per year.
Forecasted Growth
- Analysts are most optimistic on the Wireless Telecom industry, expecting annual earnings growth of 44% over the next 5 years.
- However this is lower than its past earnings growth rate of 75% per year.
- In contrast, the Telecom Services and Carriers industry is expected to see its earnings grow by 15% 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 | |
|---|---|---|---|---|---|
| TCELL Turkcell Iletisim Hizmetleri | ₺87.40 | 4.0% +₺7.4b | 170.4% | PE18x | |
| TTKOM Türk Telekomünikasyon Anonim Sirketi | ₺43.38 | 4.5% +₺6.5b | 215.3% | PE9.2x | |
| BJKAS Besiktas Futbol Yatirimlari Sanayi ve Ticaret | ₺30.02 | 31.6% +₺1.7b | 130.0% | PS3x | |
| FENER Fenerbahçe Futbol | ₺105.00 | 13.5% +₺1.2b | 129.2% | PS2.7x | |
| IHAAS Ihlas Haber Ajansi | ₺18.62 | 21.1% +₺529.8m | -68.4% | PS8.4x |