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Turkish (BIST) Market Analysis & Valuation

UpdatedFeb 04, 2026
DataAggregated Company Financials
Companies583
  • 7D3.9%
  • 3M16.6%
  • 1Y48.4%
  • YTD16.1%

Over the last 7 days, the market has risen 3.9%, driven by gains of 6.3% in the Industrials sector. As for the past 12 months, the market is up 48%. Earnings are forecast to grow by 42% annually.

Market Valuation and Performance

Has the Turkish Market valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Feb 2026₺20.5t₺16.6t₺938.9b21.1x21.9x1.2x
Fri, 02 Jan 2026₺17.4t₺16.4t₺911.1b18.4x19.1x1.1x
Sun, 30 Nov 2025₺16.9t₺16.4t₺907.5b17.1x18.6x1x
Tue, 28 Oct 2025₺17.1t₺15.8t₺803.9b22.6x21.3x1.1x
Thu, 25 Sep 2025₺17.3t₺15.8t₺792.0b24x21.8x1.1x
Sat, 23 Aug 2025₺18.1t₺33.9t₺48.8b22.8x370.7x0.5x
Mon, 21 Jul 2025₺15.2t₺15.4t₺845.3b18.8x17.9x1x
Wed, 18 Jun 2025₺13.4t₺15.4t₺841.5b17.4x15.9x0.9x
Fri, 16 May 2025₺13.8t₺15.4t₺845.4b19x16.3x0.9x
Sun, 13 Apr 2025₺13.5t₺15.4t₺876.4b17.6x15.4x0.9x
Tue, 11 Mar 2025₺14.3t₺14.6t₺957.8b17.6x14.9x1x
Thu, 06 Feb 2025₺13.3t₺11.6t₺1.2t14.8x11x1.1x
Sat, 04 Jan 2025₺13.6t₺11.4t₺1.2t16.2x11.1x1.2x
Mon, 02 Dec 2024₺13.2t₺11.4t₺1.2t15.3x10.7x1.2x
Wed, 30 Oct 2024₺12.3t₺11.5t₺1.3t15x9.2x1.1x
Fri, 27 Sep 2024₺13.2t₺11.5t₺1.4t16x9.6x1.1x
Sun, 25 Aug 2024₺13.0t₺11.6t₺1.4t16.2x9.2x1.1x
Tue, 23 Jul 2024₺14.6t₺11.2t₺1.4t16.6x10.3x1.3x
Thu, 20 Jun 2024₺14.2t₺11.2t₺1.4t16.1x10x1.3x
Sat, 18 May 2024₺14.7t₺11.5t₺1.5t16.2x9.9x1.3x
Mon, 15 Apr 2024₺13.4t₺10.3t₺1.4t15.6x9.3x1.3x
Wed, 13 Mar 2024₺12.7t₺8.9t₺1.4t15.9x9.1x1.4x
Fri, 09 Feb 2024₺11.8t₺8.2t₺1.4t14.9x8.7x1.4x
Sun, 07 Jan 2024₺10.3t₺8.2t₺1.4t11.9x7.6x1.3x
Tue, 05 Dec 2023₺10.8t₺8.2t₺1.3t13.2x8x1.3x
Thu, 02 Nov 2023₺10.6t₺7.7t₺1.2t13.4x8.6x1.4x
Sat, 30 Sep 2023₺11.2t₺7.2t₺1.1t16x9.8x1.6x
Mon, 28 Aug 2023₺10.8t₺7.2t₺1.1t13.6x9.5x1.5x
Wed, 26 Jul 2023₺7.5t₺6.7t₺1.1t12.4x7.1x1.1x
Fri, 23 Jun 2023₺6.0t₺6.6t₺1.1t9.5x5.6x0.9x
Sun, 21 May 2023₺5.7t₺6.6t₺1.1t8.3x5.4x0.9x
Tue, 18 Apr 2023₺5.7t₺5.9t₺1.0t9.2x5.7x1x
Thu, 16 Mar 2023₺6.8t₺5.9t₺989.9b9.7x6.9x1.2x
Sat, 11 Feb 2023₺4.7t₺5.2t₺799.3b9.7x5.8x0.9x
Price to Earnings Ratio

5.8x


Total Market Cap: ₺4.7tTotal Earnings: ₺799.3bTotal Revenue: ₺5.2tTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Market Price to Earnings3Y Average 12x202420252026
Current Market PE
  • Investors are optimistic on the Turkish market, and appear confident in strong long term growth rates.
  • The market is trading at a PE ratio of 21.9x which is higher than its 3-year average PE of 12.0x.
Past Earnings Growth
  • The earnings for Turkish listed companies have grown 5.5% per year over the last three years.
  • Revenues for these companies have grown 47% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Sector Trends

Which sectors have driven the changes within the Turkish Market?

TR Market3.87%
Industrials6.34%
Consumer Staples4.58%
Telecom3.99%
Financials3.88%
Consumer Discretionary2.97%
Energy2.12%
Utilities2.02%
Materials1.76%
Real Estate-0.017%
Healthcare-0.70%
Tech-2.18%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 92.7x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 58.0% which is higher than its past year's earnings decline of 44.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Healthcare sector, expecting annual earnings growth of 63% over the next 5 years.
  • This is better than its past earnings decline of 58% per year.
  • In contrast, the Tech sector is expected to see its earnings grow by 7.0% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuationSector
KLRHO Kiler Holding Anonim Sirketi₺605.0035.2%
+₺255.9b
2,021.3%PE634.4xIndustrials
GARAN Turkiye Garanti Bankasi₺165.0012.2%
+₺75.6b
31.8%PB1.7xFinancials
ENKAI Enka Insaat ve Sanayi₺96.2514.0%
+₺69.5b
101.7%PE17.6xIndustrials
ISCTR Türkiye Is Bankasi₺17.4616.1%
+₺60.5b
25.7%PB1.1xFinancials
AKBNK Akbank T.A.S₺87.9510.6%
+₺43.7b
33.9%PB1.5xFinancials
See more

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