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Turkish (BIST) Market Analysis & Valuation

UpdatedMay 24, 2022
DataAggregated Company Financials
Companies445
  • 7D0.07%
  • 3M5.5%
  • 1Y50.7%
  • YTD12.5%

In the last week, the market has been flat, with a notable exception in the Consumer Staples sector dropping 3.9%. More promisingly, the market is up 51% over the past year. Earnings are forecast to grow by 15% annually.

Market Valuation and Performance

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

DateMarket CapRevenueEarningsPE
Wed, 25 May 2022₺3.0t₺3.0t₺349.9b9.6x
Fri, 22 Apr 2022₺2.8t₺2.5t₺283.3b12x
Sun, 20 Mar 2022₺2.3t₺2.5t₺281.2b10.8x
Tue, 15 Feb 2022₺2.5t₺2.2t₺239.1b13.7x
Thu, 13 Jan 2022₺2.6t₺2.1t₺213.3b15.2x
Sat, 11 Dec 2021₺2.3t₺2.1t₺213.6b16.1x
Mon, 08 Nov 2021₺1.8t₺2.0t₺204.8b14.6x
Wed, 06 Oct 2021₺1.6t₺1.8t₺171.5b14.9x
Fri, 03 Sep 2021₺1.7t₺1.8t₺171.2b15.4x
Sun, 01 Aug 2021₺1.6t₺1.8t₺170.7b14.8x
Wed, 05 May 2021₺1.7t₺1.6t₺141.2b17.8x
Sat, 06 Feb 2021₺1.8t₺1.5t₺112.2b23.1x
Tue, 10 Nov 2020₺1.4t₺1.4t₺97.7b18.7x
Mon, 03 Aug 2020₺1.4t₺1.4t₺96.2b17.6x
Thu, 07 May 2020₺1.0t₺1.5t₺98.2b12.8x
Sun, 09 Feb 2020₺1.1t₺1.4t₺97.4b13.3x
Sat, 02 Nov 2019₺839.1b₺1.3t₺102.3b8.2x
Tue, 06 Aug 2019₺768.4b₺1.3t₺92.9b7.7x
Median PE Ratio

7.4x


Total Market Cap: ₺685.2bTotal Earnings: ₺92.7bTotal Revenue: ₺1.1tTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Market Median PE3Y Average 14.2x202020212022
Current Market PE
  • Investors are pessimistic on the market, indicating that they anticipate earnings will not grow as fast as they have historically.
  • The market is trading at a PE ratio of 9.6x which is lower than its 3-year average PE of 14.2x.
  • This is at odds with analyst estimates, who expect earnings to grow in the future.
Past Earnings Growth
  • The earnings for Turkish listed companies have grown 56% per year over the last three years.
  • Revenues for these companies have grown 39% 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 Market0.066%
Financials1.67%
Materials1.64%
Healthcare0.44%
Industrials0.33%
Real Estate-0.076%
Utilities-0.57%
Consumer Discretionary-0.60%
Telecom-1.33%
Energy-3.50%
Tech-3.63%
Consumer Staples-3.86%
Sector PE
  • Investors are most optimistic about the Telecom sector even though it's trading below its 3-year average PE ratio of 33.9x.
  • This is likely because analysts are expecting annual earnings growth of 26%, which is higher than its past year's earnings growth of 17% per year.
  • Investors are most pessimistic about the Real Estate sector, which is trading below its 3-year average of 10.6x.
Forecasted Growth
  • Analysts are most optimistic on the Utilities sector, expecting annual earnings growth of 39% over the next 5 years.
  • However this is lower than its past earnings growth rate of 137% per year.
  • In contrast, the Real Estate sector is expected to see its earnings decline by 13% per year over the next few years.

Top Stock Gainers and Losers

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

See more
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