Header cover image

Turkish (BIST) Food Industry Analysis

UpdatedApr 22, 2024
DataAggregated Company Financials
Companies43
  • 7D-2.7%
  • 3M68.9%
  • 1Y239.1%
  • YTD70.2%

Over the last 7 days, the Food industry has dropped 2.7%, driven by Kent Gida Maddeleri Sanayii ve Ticaret declining 1.6%. On the other hand Kerevitas Gida Sanayi ve Ticaret is actually up 5.4%. This takes the industry's 12 month performance to a gain of 239%. Earnings are forecast to grow by 41% annually.

Industry Valuation and Performance

Has the Turkish Food Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 23 Apr 2024₺579.3b₺250.9b₺21.7b17.2x26.7x2.3x
Thu, 21 Mar 2024₺546.1b₺240.4b₺20.4b17x26.8x2.3x
Sat, 17 Feb 2024₺462.3b₺204.3b₺17.7b18.2x26.1x2.3x
Mon, 15 Jan 2024₺308.5b₺194.4b₺16.9b13.8x18.2x1.6x
Wed, 13 Dec 2023₺337.6b₺194.0b₺16.4b16.5x20.6x1.7x
Fri, 10 Nov 2023₺377.6b₺179.9b₺13.3b13.8x28.4x2.1x
Sun, 08 Oct 2023₺340.4b₺173.2b₺12.7b16.5x26.8x2x
Tue, 05 Sep 2023₺336.0b₺169.4b₺12.5b16.9x26.9x2x
Thu, 03 Aug 2023₺209.7b₺153.8b₺10.5b14.9x19.9x1.4x
Sat, 01 Jul 2023₺150.0b₺151.1b₺10.0b11x15.1x1x
Mon, 29 May 2023₺130.4b₺142.4b₺7.9b8.8x16.5x0.9x
Wed, 26 Apr 2023₺134.0b₺128.1b₺7.7b9.3x17.4x1x
Fri, 24 Mar 2023₺332.0b₺124.2b₺7.5b10.4x44.4x2.7x
Sun, 19 Feb 2023₺128.1b₺88.7b₺2.5b11.2x50.2x1.4x
Tue, 17 Jan 2023₺154.8b₺88.0b₺2.5b14.2x62.1x1.8x
Thu, 15 Dec 2022₺169.8b₺88.0b₺2.5b15.1x68.2x1.9x
Sat, 12 Nov 2022₺126.9b₺87.9b₺2.4b14.5x52.2x1.4x
Mon, 10 Oct 2022₺111.4b₺71.0b₺1.7b15.1x66.5x1.6x
Wed, 07 Sep 2022₺98.0b₺70.3b₺1.7b12x59.1x1.4x
Fri, 05 Aug 2022₺95.0b₺58.4b₺1.4b14.9x69.3x1.6x
Sun, 03 Jul 2022₺91.7b₺58.0b₺1.3b11.4x68x1.6x
Tue, 31 May 2022₺86.5b₺58.0b₺1.3b10.6x64.2x1.5x
Thu, 28 Apr 2022₺82.4b₺46.4b₺1.1b14.4x75.6x1.8x
Sat, 26 Mar 2022₺80.6b₺46.4b₺1.1b15.4x73.9x1.7x
Mon, 21 Feb 2022₺74.4b₺38.9b₺2.6b23.9x29.2x1.9x
Wed, 19 Jan 2022₺77.5b₺38.8b₺2.5b25x31.4x2x
Fri, 17 Dec 2021₺82.2b₺38.8b₺2.5b30x33.3x2.1x
Sun, 14 Nov 2021₺70.0b₺38.4b₺2.4b24.3x29.3x1.8x
Tue, 12 Oct 2021₺72.8b₺35.1b₺2.6b23.4x27.8x2.1x
Thu, 09 Sep 2021₺80.8b₺35.1b₺2.6b22.8x30.9x2.3x
Sat, 07 Aug 2021₺79.3b₺35.1b₺2.6b21.4x30.3x2.3x
Fri, 30 Apr 2021₺111.2b₺31.4b₺2.6b21x42.5x3.5x
Price to Earnings Ratio

42.5x


Total Market Cap: ₺111.2bTotal Earnings: ₺2.6bTotal Revenue: ₺31.4bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Food Industry Price to Earnings3Y Average 39.9x202220232024
Current Industry PE
  • Investors are pessimistic on the Turkish Food industry, indicating that they anticipate long term growth rates will be lower than they have historically.
  • The industry is trading at a PE ratio of 26.7x which is lower than its 3-year average PE of 39.9x.
  • The 3-year average PS ratio of 1.9x is lower than the industry's current PS ratio of 2.3x.
Past Earnings Growth
  • The earnings for companies in the Food industry have grown 102% per year over the last three years.
  • Revenues for these companies have grown 100% 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 Consumer Staples industry?

TR Market-0.33%
Consumer Staples-2.36%
Food-2.68%
Packaged Foods and Meats-2.61%
Agricultural Products-3.30%
Industry PE
  • Investors are most optimistic about the Packaged Foods and Meats industry even though it's trading below its 3-year average PE ratio of 39.7x.
    • Analysts are expecting annual earnings growth of 41.1%, which is lower than the prior year's growth of 94.8% per year.
  • Investors are most pessimistic about the Agricultural Products industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average.
Forecasted Growth
  • Analysts are most optimistic on the Packaged Foods and Meats industry, expecting annual earnings growth of 41% over the next 5 years.
  • However this is lower than its past earnings growth rate of 95% per year.
  • In contrast, the Packaged Foods and Meats industry is expected to see its earnings grow by 41% per year over the next few years.

Top Stock Gainers and Losers

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

CompanyLast Price7D1YValuation
KERVT Kerevitas Gida Sanayi ve Ticaret₺13.565.4%
+₺463.4m
30.8%PE10.7x
DMRGD Dmr Unlu Mamuller Uretim Gida Toptan Perakende Ihracat₺17.3013.2%
+₺374.3m
n/aPE70.2x
ULKER Ülker Bisküvi Sanayi₺112.000.9%
+₺369.3m
223.3%PE12.2x
OZSUB Özsu Balik Üretim Anonim Sirketi₺34.6812.3%
+₺228.0m
127.4%PE27.9x
FRIGO Frigo-Pak Gida Maddeleri Sanayi ve Ticaret₺8.092.5%
+₺224.7m
33.3%PE23.7x
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.

Latest News

PENGD

₺8.24

Penguen Gida Sanayi

7D

18.4%

1Y

44.8%

AGROT

₺33.50

Agrotech Yuksek Teknoloji Ve Yatirim Anonim Sirketi

7D

-4.3%

1Y

n/a

BORSK

₺36.94

Bor Seker

7D

-4.6%

1Y

n/a

ULKER

₺112.00

Ülker Bisküvi Sanayi

7D

0.9%

1Y

223.3%

KAYSE

₺30.22

Kayseri Seker Fabrikasi Anonim Sirketi

7D

-4.3%

1Y

n/a

OZSUB

₺34.68

Özsu Balik Üretim Anonim Sirketi

7D

12.3%

1Y

127.4%

OTTO

₺341.50

Otto Holding

7D

8.3%

1Y

279.4%

TUKAS

₺8.39

Tukas Gida Sanayi ve Ticaret

7D

1.8%

1Y

68.7%

TETMT

₺12,050.00

Tetamat Gida Yatirimlari

7D

-10.7%

1Y

4,865.0%

KERVT

₺13.56

Kerevitas Gida Sanayi ve Ticaret

7D

5.4%

1Y

30.8%

KRVGD

₺29.74

Kervan Gida Sanayi ve Ticaret

7D

-4.1%

1Y

83.0%

KENT

₺1,280.00

Kent Gida Maddeleri Sanayii ve Ticaret

7D

-1.6%

1Y

603.7%