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Turkish (BIST) Financials Sector Analysis

UpdatedNov 28, 2022
DataAggregated Company Financials
Companies64
  • 7D6.7%
  • 3M33.5%
  • 1Y121.3%
  • YTD111.7%

The Financials industry is up 6.7% in the last week, with QNB Finansbank up 6.6%. This takes the industry's 12 month performance to a gain of 121%. In the next few years, earnings are forecast to decline by 10% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 29 Nov 2022₺983.7b₺964.1b₺272.9b9.2x3.6x1x
Thu, 27 Oct 2022₺835.1b₺765.1b₺193.7b10x4.3x1.1x
Sat, 24 Sep 2022₺694.9b₺749.4b₺193.5b8.2x3.6x0.9x
Mon, 22 Aug 2022₺624.2b₺746.9b₺193.5b7.5x3.2x0.8x
Wed, 20 Jul 2022₺489.1b₺599.2b₺127.0b8.4x3.8x0.8x
Fri, 17 Jun 2022₺500.9b₺599.2b₺127.0b8.5x3.9x0.8x
Sun, 15 May 2022₺486.6b₺598.3b₺128.5b8.5x3.8x0.8x
Tue, 12 Apr 2022₺537.1b₺506.6b₺91.0b10.7x5.9x1.1x
Thu, 10 Mar 2022₺434.7b₺502.0b₺89.0b9.1x4.9x0.9x
Sat, 05 Feb 2022₺471.6b₺441.2b₺71.2b11x6.6x1.1x
Mon, 03 Jan 2022₺462.1b₺419.0b₺65.3b10.6x7.1x1.1x
Wed, 01 Dec 2021₺438.2b₺419.0b₺65.3b11.2x6.7x1x
Fri, 29 Oct 2021₺403.0b₺393.3b₺56.5b12.3x7.1x1x
Sun, 26 Sep 2021₺392.6b₺391.5b₺54.9b11.7x7.2x1x
Tue, 24 Aug 2021₺411.2b₺391.5b₺54.8b10.7x7.5x1.1x
Wed, 30 Jun 2021₺403.0b₺391.5b₺54.8b10.4x7.3x1x
Sat, 03 Apr 2021₺458.1b₺332.3b₺52.6b9.6x8.7x1.4x
Tue, 05 Jan 2021₺576.0b₺324.4b₺50.2b11.5x11.5x1.8x
Fri, 09 Oct 2020₺488.7b₺408.8b₺48.1b9.5x10.2x1.2x
Thu, 02 Jul 2020₺415.5b₺392.0b₺44.5b8.1x9.3x1.1x
Sun, 05 Apr 2020₺320.3b₺436.1b₺40.4b8.9x7.9x0.7x
Wed, 08 Jan 2020₺395.2b₺403.8b₺37.3b8.6x10.6x1x
Price to Earnings Ratio

9.3x


Total Market Cap: ₺339.1bTotal Earnings: ₺36.4bTotal Revenue: ₺292.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Financials Sector Price to Earnings3Y Average 8x202020212022
Current Industry PE
  • Investors are pessimistic on the Turkish Financials 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 3.6x which is lower than its 3-year average PE of 8.0x.
  • The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 96% 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.

Industry Trends

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

TR Market8.54%
Financials6.74%
Capital Markets16.69%
Consumer Finance16.09%
Insurance13.56%
Diversified Financial7.88%
Banks5.28%
Mortgage Finance0%
Mortgage REITs0%
Industry PE
  • Investors are most optimistic about the Insurance industry which is trading above its 3-year average PE ratio of 7.7x.
    • Analysts are expecting annual earnings growth of 36.1%, which is lower than the prior year's growth of 87.6% per year.
  • Investors are most pessimistic about the Banks industry, which is trading below its 3-year average of 7.8x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Financial industry, expecting annual earnings growth of 48% over the next 5 years.
  • However this is lower than its past earnings growth rate of 145% per year.
  • In contrast, the Banks industry is expected to see its earnings decline by 12% 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
QNBFB QNB Finansbank₺47.6813.5%
+₺19.0b
32.0%PB4.2x
KLNMA Türkiye Kalkinma ve Yatirim Bankasi₺18.7022.9%
+₺7.0b
9.9%PE28.1x
VAKBN Türkiye Vakiflar Bankasi Türk Anonim Ortakligi₺10.125.0%
+₺3.4b
173.5%PB0.8x
YKBNK Yapi ve Kredi Bankasi₺11.903.2%
+₺3.1b
275.4%PB0.9x
AKBNK Akbank T.A.S₺17.493.1%
+₺2.7b
168.3%PB0.7x
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Latest News

KLNMA

₺18.70

Türkiye Kalkinma ve Yatirim Bankasi

7D

22.9%

1Y

9.9%

SAHOL

₺40.86

Haci Ömer Sabanci Holding

7D

2.9%

1Y

215.8%

HALKB

₺10.40

Türkiye Halk Bankasi

7D

5.5%

1Y

117.1%

AKBNK

₺17.49

Akbank T.A.S

7D

3.1%

1Y

168.3%

YKBNK

₺11.90

Yapi ve Kredi Bankasi

7D

3.2%

1Y

275.4%

QNBFB

₺47.68

QNB Finansbank

7D

13.5%

1Y

32.0%

INVEO

₺33.68

Inveo Yatirim Holding Anonim Sirketi

7D

-0.5%

1Y

203.3%

ETYAT

₺6.49

Euro Trend Yatirim Ortakligi

7D

-13.6%

1Y

93.2%

ATSYH

₺119.40

Atlantis Yatirim Holding

7D

-15.3%

1Y

1,635.5%

BRYAT

₺1,026.00

Borusan Yatirim ve Pazarlama

7D

-0.2%

1Y

175.1%