Turkish (BIST) Hospitality Industry Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies18
- 7D5.4%
- 3M29.3%
- 1Y269.9%
- YTD62.6%
The Hospitality industry is up 5.4% in the last week, with Petrokent Turizm up 6.6%. Meanwhile, Kustur Kusadasi Turizm Endüstrisi actually underperformed within the industry, shrinking 7.4% in the last week. In the last 12 months, the industry was up 270%. Looking forward, earnings are forecast to grow by 36% annually.
Industry Valuation and Performance
Has the Turkish Hospitality Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | ₺436.6b | ₺31.4b | ₺6.9b | 18.9x | 63x | 13.9x |
| Mon, 25 Mar 2024 | ₺431.8b | ₺31.1b | ₺6.8b | 17.8x | 63.8x | 13.9x |
| Wed, 21 Feb 2024 | ₺411.7b | ₺25.9b | ₺6.0b | 23.6x | 68.8x | 15.9x |
| Fri, 19 Jan 2024 | ₺320.3b | ₺25.9b | ₺6.2b | 17.5x | 52x | 12.4x |
| Sun, 17 Dec 2023 | ₺291.6b | ₺23.4b | ₺5.9b | 20.5x | 49.3x | 12.5x |
| Tue, 14 Nov 2023 | ₺318.7b | ₺21.5b | ₺5.2b | 30.7x | 60.9x | 14.8x |
| Thu, 12 Oct 2023 | ₺174.9b | ₺8.8b | ₺3.7b | 27.9x | 47.1x | 19.9x |
| Sat, 09 Sep 2023 | ₺183.3b | ₺8.6b | ₺3.7b | 33.2x | 49.8x | 21.4x |
| Mon, 07 Aug 2023 | ₺141.6b | ₺7.0b | ₺4.2b | 26.5x | 34x | 20.3x |
| Wed, 05 Jul 2023 | ₺127.8b | ₺6.4b | ₺3.7b | 23.3x | 34.5x | 19.9x |
| Fri, 02 Jun 2023 | ₺108.4b | ₺5.3b | ₺3.7b | 16.2x | 29.2x | 20.4x |
| Sun, 30 Apr 2023 | ₺104.9b | ₺4.7b | ₺3.7b | 16.3x | 28.7x | 22.1x |
| Tue, 28 Mar 2023 | ₺124.1b | ₺4.7b | ₺3.7b | 20.3x | 34x | 26.2x |
| Thu, 23 Feb 2023 | ₺116.7b | ₺3.8b | ₺1.3b | 20.9x | 86.9x | 30.5x |
| Sat, 21 Jan 2023 | ₺140.2b | ₺3.8b | ₺1.2b | 28.9x | 120.9x | 36.9x |
| Mon, 19 Dec 2022 | ₺164.3b | ₺3.8b | ₺1.2b | 21.7x | 141.8x | 43.3x |
| Wed, 16 Nov 2022 | ₺147.2b | ₺3.8b | ₺1.2b | 18.7x | 127.9x | 39x |
| Fri, 14 Oct 2022 | ₺124.9b | ₺2.9b | ₺1.2b | 13.4x | 100.2x | 43.6x |
| Sun, 11 Sep 2022 | ₺126.7b | ₺2.9b | ₺1.2b | 14.2x | 101.6x | 44.3x |
| Tue, 09 Aug 2022 | ₺131.5b | ₺2.1b | ₺1.2b | 17.8x | 107.7x | 62.7x |
| Thu, 07 Jul 2022 | ₺123.0b | ₺2.0b | ₺1.3b | 11.5x | 98.4x | 60.3x |
| Sat, 04 Jun 2022 | ₺132.7b | ₺2.0b | ₺1.3b | 12.3x | 106.2x | 65.1x |
| Mon, 02 May 2022 | ₺18.9b | ₺1.5b | ₺1.4b | 18.7x | 13.8x | 12.6x |
| Wed, 30 Mar 2022 | ₺18.0b | ₺1.5b | ₺1.4b | 15.6x | 13.2x | 12.1x |
| Fri, 25 Feb 2022 | ₺18.7b | ₺1.1b | ₺104.0m | 30.8x | 179.5x | 16.6x |
| Sun, 23 Jan 2022 | ₺17.3b | ₺1.1b | ₺155.2m | 84.4x | 111.4x | 15.8x |
| Tue, 21 Dec 2021 | ₺15.4b | ₺1.1b | ₺155.2m | 69x | 99.1x | 14x |
| Thu, 18 Nov 2021 | ₺10.2b | ₺1.1b | ₺153.9m | 39.3x | 66.5x | 9.7x |
| Sat, 16 Oct 2021 | ₺10.2b | ₺680.8m | -₺258,944,066.00 | 42.1x | -39.2x | 14.9x |
| Mon, 13 Sep 2021 | ₺8.5b | ₺680.8m | -₺258,944,066.00 | 32.6x | -32.9x | 12.5x |
| Wed, 11 Aug 2021 | ₺8.1b | ₺680.3m | -₺260,352,107.00 | 26.3x | -31x | 11.9x |
| Sun, 06 Jun 2021 | ₺11.6b | ₺530.1m | -₺313,205,941.00 | 46.5x | -37x | 21.8x |
Price to Earnings Ratio
-37.4x
Current Industry PE
- Investors are optimistic on the Turkish Hospitality industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 63.0x which is higher than its 3-year average PE of 55.0x.
- The 3-year average PS ratio of 25.5x is higher than the industry's current PS ratio of 13.9x.
Past Earnings Growth
- Total earnings for the Hospitality industry have gone up over the last three years, and the industry is now profitable. Revenues have grown 290% per year.
- This means that more sales are being generated by the industry overall, and subsequently profits are increasing too.
Industry Trends
Which industries have driven the changes within the Turkish Consumer Discretionary industry?
| TR Market | 3.05% | |
| Consumer Discretionary | 1.95% | |
| Hospitality | 5.45% | |
| Restaurants | 9.81% | |
| Hotels, Resorts and Cruise Lines | 6.37% | |
| Casinos and Gaming | 0% | |
| Leisure Facilities | -7.36% | |
Industry PE
- Investors are most optimistic about the Leisure Facilities industry, which is trading close to its 3-year average PE ratio of 219x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Restaurants industry, which is trading below its 3-year average of 25.1x.
Forecasted Growth
- Analysts are most optimistic on the Restaurants industry, expecting annual earnings growth of 36% over the next 5 years.
- However this is lower than its past earnings growth rate of 55% per year.
- In contrast, the Restaurants industry is expected to see its earnings grow by 36% 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 | |
|---|---|---|---|---|---|
| PKENT Petrokent Turizm | ₺357.25 | 6.6% +₺18.2b | 236.1% | PE1534.4x | |
| TABGD Tab Gida Sanayi ve Ticaret | ₺152.90 | 11.6% +₺4.2b | n/a | PE16.3x | |
| NTHOL Net Holding | ₺30.60 | 17.4% +₺2.1b | 198.8% | PE4.9x | |
| METUR Metemtur Yatirim Enerji Turizm ve Insaat Anonim Sirketi | ₺16.78 | 29.3% +₺410.4m | 299.5% | PE105.3x | |
| MERIT Merit Turizm Yatirim ve Isletme Anonim Sirketi | ₺124.00 | 6.5% +₺213.2m | 308.2% | PE110.9x |