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Turkish (BIST) Market Analysis & Valuation

UpdatedDec 13, 2025
DataAggregated Company Financials
Companies577
  • 7D1.7%
  • 3M7.8%
  • 1Y21.0%
  • YTD24.7%

The market has climbed 1.7% in the last 7 days, lead by the Industrials sector with a gain of 5.3%. As for the past 12 months, the market is up 21%. Earnings are forecast to grow by 47% annually.

Trending IndustriesOil and GasSoftwareRenewable Energy

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sat, 13 Dec 2025₺17.4t₺16.4t₺908.3b17.6x19.2x1.1x
Mon, 10 Nov 2025₺17.2t₺16.4t₺898.8b20.5x19.1x1x
Wed, 08 Oct 2025₺17.1t₺15.8t₺792.8b22.4x21.5x1.1x
Fri, 05 Sep 2025₺17.1t₺15.9t₺796.1b22.9x21.5x1.1x
Sun, 03 Aug 2025₺16.6t₺15.5t₺835.4b20.8x19.9x1.1x
Tue, 01 Jul 2025₺14.2t₺15.4t₺843.3b18.1x16.8x0.9x
Thu, 29 May 2025₺13.2t₺15.4t₺838.5b17.5x15.7x0.9x
Sat, 26 Apr 2025₺13.6t₺15.4t₺871.4b18.1x15.6x0.9x
Mon, 24 Mar 2025₺13.1t₺15.4t₺877.6b16.7x14.9x0.9x
Wed, 19 Feb 2025₺13.5t₺12.0t₺1.2t15.7x11.1x1.1x
Fri, 17 Jan 2025₺13.5t₺11.4t₺1.2t15.6x11x1.2x
Sun, 15 Dec 2024₺13.7t₺11.4t₺1.2t16.1x11.2x1.2x
Tue, 12 Nov 2024₺12.7t₺11.5t₺1.2t14.8x10.4x1.1x
Thu, 10 Oct 2024₺12.4t₺11.6t₺1.4t14.8x9.2x1.1x
Sat, 07 Sep 2024₺13.4t₺11.6t₺1.4t16.6x9.6x1.2x
Mon, 05 Aug 2024₺14.0t₺11.3t₺1.4t16.8x9.9x1.2x
Wed, 03 Jul 2024₺13.7t₺11.2t₺1.4t15.7x9.7x1.2x
Fri, 31 May 2024₺14.1t₺11.1t₺1.4t16.5x9.9x1.3x
Sun, 28 Apr 2024₺13.7t₺10.5t₺1.4t15.6x9.6x1.3x
Tue, 26 Mar 2024₺12.7t₺9.9t₺1.4t15.2x9.1x1.3x
Thu, 22 Feb 2024₺12.5t₺8.3t₺1.4t15.6x9.1x1.5x
Sat, 20 Jan 2024₺10.7t₺8.2t₺1.4t12.8x7.9x1.3x
Mon, 18 Dec 2023₺10.4t₺8.2t₺1.3t12.4x7.7x1.3x
Wed, 15 Nov 2023₺10.9t₺8.2t₺1.3t12.9x8.1x1.3x
Fri, 13 Oct 2023₺11.0t₺7.2t₺1.1t15.7x9.7x1.5x
Sun, 10 Sep 2023₺10.1t₺7.2t₺1.1t14.8x8.9x1.4x
Tue, 08 Aug 2023₺8.6t₺6.9t₺1.1t13.5x7.7x1.3x
Thu, 06 Jul 2023₺7.6t₺6.7t₺1.1t10.9x7.2x1.1x
Sat, 03 Jun 2023₺5.9t₺6.6t₺1.1t9.2x5.6x0.9x
Mon, 01 May 2023₺5.3t₺6.1t₺1.0t8.4x5.1x0.9x
Wed, 29 Mar 2023₺5.4t₺5.9t₺1.0t8.9x5.4x0.9x
Fri, 24 Feb 2023₺6.1t₺5.4t₺857.8b11.2x7.1x1.1x
Sun, 22 Jan 2023₺6.0t₺4.9t₺680.6b13.4x8.9x1.2x
Tue, 20 Dec 2022₺6.1t₺4.9t₺680.5b13.8x9x1.2x
Price to Earnings Ratio

9x


Total Market Cap: ₺6.1tTotal Earnings: ₺680.5bTotal Revenue: ₺4.9tTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Market Price to Earnings3Y Average 11.4x202320242025
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 19.2x which is higher than its 3-year average PE of 11.4x.
Past Earnings Growth
  • The earnings for Turkish listed companies have grown 10% per year over the last three years.
  • Revenues for these companies have grown 49% 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 Market1.68%
Industrials5.28%
Telecom4.53%
Healthcare4.42%
Consumer Staples4.35%
Consumer Discretionary3.18%
Real Estate1.48%
Tech1.24%
Materials1.20%
Utilities0.94%
Energy0.19%
Financials-1.90%
Sector PE
  • Investors favour the Materials sector the most for future growth, which is trading above its 3-year average PE ratio of 84.8x.
    • The market's confidence is likely because analysts are expecting annual earnings growth of 59.3% which is higher than its past year's earnings decline of 44.6% per year.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 105% over the next 5 years.
  • This is better than its past earnings decline of 56% per year.
  • In contrast, the Tech sector is expected to see its earnings grow by 7.6% 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₺238.5034.0%
+₺98.3b		628.9%PE250.1xIndustrials
ASELS ASELSAN Elektronik Sanayi ve Ticaret Anonim Sirketi₺204.008.4%
+₺72.0b		194.8%PE49.6xIndustrials
BIMAS BIM Birlesik Magazalar₺557.008.3%
+₺25.4b		5.3%PE29.2xConsumer Staples
TERA Tera Yatirim Menkul Degerler₺326.0012.0%
+₺24.5b		4,610.3%PE6.6xFinancials
CCOLA Coca-Cola Içecek Anonim Sirketi₺58.9015.5%
+₺22.1b		-4.7%PE16.7xConsumer Staples
See more

Market Insights

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