Turkish (BIST) Energy Sector Analysis

UpdatedMar 01, 2026

DataAggregated Company Financials

Companies8

7D-1.2%
3M14.6%
1Y72.3%
YTD16.9%

Over the last 7 days, the Energy industry has dropped 1.2%, driven by a pullback from Türkiye Petrol Rafinerileri of 1.4%. Meanwhile, Ipek Dogal Enerji Kaynaklari Arastirma ve Üretim actually outperformed within the industry, gaining 6.3% in the last week. This takes the industry's 12 month performance to a gain of 72%. Earnings are forecast to grow by 17% annually.

Sector Valuation and Performance

Has the Turkish Energy Sector valuation changed over the past few years?

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 02 Mar 2026	₺480.7b	₺851.7b	₺31.9b	19.4x	15.1x	0.6x
Wed, 28 Jan 2026	₺496.6b	₺631.2b	₺24.5b	23.2x	20.3x	0.8x
Fri, 26 Dec 2025	₺413.4b	₺631.2b	₺24.5b	21.3x	16.9x	0.7x
Sun, 23 Nov 2025	₺431.9b	₺627.8b	₺22.8b	14.3x	18.9x	0.7x
Tue, 21 Oct 2025	₺380.7b	₺679.8b	₺21.0b	17x	18.1x	0.6x
Thu, 18 Sep 2025	₺403.6b	₺679.9b	₺21.0b	18.3x	19.2x	0.6x
Sat, 16 Aug 2025	₺347.0b	₺679.6b	₺21.0b	12.9x	16.5x	0.5x
Mon, 14 Jul 2025	₺334.2b	₺758.0b	₺18.8b	13.2x	17.8x	0.4x
Wed, 11 Jun 2025	₺286.9b	₺758.0b	₺18.8b	12.4x	15.3x	0.4x
Fri, 09 May 2025	₺281.1b	₺756.5b	₺18.5b	11.9x	15.2x	0.4x
Sun, 06 Apr 2025	₺289.8b	₺826.1b	₺18.6b	14.8x	15.6x	0.4x
Tue, 04 Mar 2025	₺274.0b	₺821.1b	₺20.2b	16.9x	13.6x	0.3x
Thu, 30 Jan 2025	₺296.1b	₺614.8b	₺45.6b	13.1x	6.5x	0.5x
Sat, 28 Dec 2024	₺303.2b	₺614.8b	₺45.6b	14.4x	6.6x	0.5x
Mon, 25 Nov 2024	₺305.4b	₺614.8b	₺45.2b	14x	6.8x	0.5x
Wed, 23 Oct 2024	₺300.0b	₺711.5b	₺48.1b	6x	6.2x	0.4x
Fri, 20 Sep 2024	₺347.4b	₺804.9b	₺50.0b	10.3x	7x	0.4x
Sun, 18 Aug 2024	₺340.0b	₺805.2b	₺50.0b	11x	6.8x	0.4x
Tue, 16 Jul 2024	₺348.6b	₺704.9b	₺52.2b	12.7x	6.7x	0.5x
Thu, 13 Jun 2024	₺331.5b	₺705.8b	₺51.9b	18.3x	6.4x	0.5x
Sat, 11 May 2024	₺382.6b	₺698.5b	₺55.0b	29.3x	7x	0.5x
Mon, 08 Apr 2024	₺368.8b	₺698.5b	₺55.1b	25.8x	6.7x	0.5x
Wed, 06 Mar 2024	₺342.0b	₺697.9b	₺55.5b	13x	6.2x	0.5x
Fri, 02 Feb 2024	₺320.1b	₺509.8b	₺54.8b	11.9x	5.8x	0.6x
Sun, 31 Dec 2023	₺295.2b	₺509.8b	₺54.8b	10.4x	5.4x	0.6x
Tue, 28 Nov 2023	₺321.8b	₺508.6b	₺54.8b	11.2x	5.9x	0.6x
Thu, 26 Oct 2023	₺269.1b	₺474.4b	₺44.5b	7.5x	6.1x	0.6x
Sat, 23 Sep 2023	₺320.5b	₺474.4b	₺44.5b	8.5x	7.2x	0.7x
Mon, 21 Aug 2023	₺270.4b	₺474.4b	₺44.5b	10.5x	6.1x	0.6x
Wed, 19 Jul 2023	₺182.4b	₺507.4b	₺48.3b	6.3x	3.8x	0.4x
Fri, 16 Jun 2023	₺157.1b	₺507.4b	₺48.3b	5.4x	3.3x	0.3x
Sun, 14 May 2023	₺148.1b	₺507.4b	₺48.3b	4.5x	3.1x	0.3x
Tue, 11 Apr 2023	₺166.7b	₺491.5b	₺43.4b	5x	3.8x	0.3x
Thu, 09 Mar 2023	₺193.6b	₺491.5b	₺43.4b	5.5x	4.5x	0.4x

Price to Earnings Ratio

4.5x

Thu, 09 Mar 2023

Current Industry PE

Investors are optimistic on the Turkish Energy industry, and appear confident in long term growth rates.

The industry is trading at a PE ratio of 15.1x which is higher than its 3-year average PE of 9.6x.

The industry is trading close to its 3-year average PS ratio of 0.50x.

Past Earnings Growth

The earnings for companies in the Energy industry have declined 9.7% per year over the last three years.
Meanwhile revenues for these companies have grown 20% per year.
This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Turkish Energy sector?


TR Market	-1.57%
Energy	-1.17%
Oil and Gas	-1.17%

Industry PE

Investors are most optimistic about the Oil and Gas industry which is trading above its 3-year average PE ratio of 9.6x.

Analysts are expecting annual earnings growth of 17.0%, which is lower than the prior year's growth of 20.0% per year.

Investors are most pessimistic about the Oil and Gas industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 9.6x.

Forecasted Growth

Analysts are most optimistic on the Oil and Gas industry, expecting annual earnings growth of 17% over the next 5 years.
This is roughly in line with its past earnings growth rate.