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Turkish (BIST) Financials Sector Analysis

UpdatedMay 26, 2024
DataAggregated Company Financials
Companies70
  • 7D-0.3%
  • 3M37.8%
  • 1Y319.5%
  • YTD46.1%

Last week, the Financials industry hasn't moved much but Turkiye Garanti Bankasi is up 5.4% in that time. As for the the longer term, the industry is up 320% over the past 12 months. Earnings are forecast to grow by 30% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 26 May 2024₺4.2t₺2.1t₺484.4b9.4x8.7x2x
Tue, 23 Apr 2024₺3.5t₺2.0t₺461.3b8.1x7.6x1.8x
Thu, 21 Mar 2024₺3.2t₺1.9t₺516.6b7.1x6.2x1.7x
Sat, 17 Feb 2024₺3.1t₺1.7t₺514.8b7.3x5.9x1.7x
Mon, 15 Jan 2024₺2.9t₺1.7t₺508.7b6x5.8x1.7x
Wed, 13 Dec 2023₺2.5t₺1.7t₺505.1b6x5x1.5x
Fri, 10 Nov 2023₺2.9t₺1.7t₺487.4b6.3x6x1.8x
Sun, 08 Oct 2023₺3.0t₺1.5t₺436.4b8.9x6.8x2x
Tue, 05 Sep 2023₺2.1t₺1.5t₺436.4b8x4.7x1.4x
Thu, 03 Aug 2023₺1.5t₺1.4t₺422.2b7.8x3.6x1.1x
Sat, 01 Jul 2023₺1.2t₺1.3t₺403.3b5.6x3x0.9x
Mon, 29 May 2023₺1.3t₺1.3t₺403.2b5.3x3.3x1x
Wed, 26 Apr 2023₺1.0t₺1.2t₺381.8b5.3x2.7x0.9x
Fri, 24 Mar 2023₺1.0t₺1.2t₺380.6b5.4x2.7x0.8x
Sun, 19 Feb 2023₺925.1b₺1.1t₺351.6b5.8x2.6x0.8x
Tue, 17 Jan 2023₺1.0t₺965.8b₺273.2b8.4x3.7x1x
Thu, 15 Dec 2022₺1.1t₺963.8b₺272.9b9.4x3.9x1.1x
Sat, 12 Nov 2022₺877.0b₺921.9b₺256.0b7.9x3.4x1x
Mon, 10 Oct 2022₺722.8b₺749.4b₺193.5b7.9x3.7x1x
Wed, 07 Sep 2022₺886.8b₺749.6b₺193.5b8.1x4.6x1.2x
Fri, 05 Aug 2022₺552.9b₺650.2b₺163.3b8.8x3.4x0.9x
Sun, 03 Jul 2022₺495.0b₺599.2b₺127.0b8.1x3.9x0.8x
Tue, 31 May 2022₺510.4b₺599.2b₺127.0b8.9x4x0.9x
Thu, 28 Apr 2022₺526.6b₺516.6b₺96.8b9.8x5.4x1x
Sat, 26 Mar 2022₺465.7b₺506.1b₺89.3b10.4x5.2x0.9x
Mon, 21 Feb 2022₺467.7b₺493.4b₺81.6b9.7x5.7x0.9x
Wed, 19 Jan 2022₺484.0b₺417.7b₺65.3b11.5x7.4x1.2x
Fri, 17 Dec 2021₺528.1b₺419.0b₺65.3b13.8x8.1x1.3x
Sun, 14 Nov 2021₺421.7b₺414.5b₺65.2b11.7x6.5x1x
Tue, 12 Oct 2021₺388.7b₺391.5b₺54.9b12.4x7.1x1x
Thu, 09 Sep 2021₺409.8b₺391.5b₺54.9b10.6x7.5x1x
Sat, 07 Aug 2021₺412.7b₺391.5b₺54.8b11x7.5x1.1x
Price to Earnings Ratio

7.7x


Total Market Cap: ₺404.6bTotal Earnings: ₺52.6bTotal Revenue: ₺332.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Financials Sector Price to Earnings3Y Average 5.4x202220232024
Current Industry PE
  • Investors are optimistic on the Turkish Financials industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 8.7x which is higher than its 3-year average PE of 5.4x.
  • The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 2.0x.
Past Earnings Growth
  • The earnings for companies in the Financials industry have grown 110% per year over the last three years.
  • Revenues for these companies have grown 84% 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 Market-1.07%
Financials-0.27%
Insurance4.00%
Capital Markets0.27%
Mortgage Finance0%
Mortgage REITs0%
Banks-0.03%
Diversified Financial-4.14%
Consumer Finance-38.90%
Industry PE
  • Investors are most optimistic about the Diversified Financial industry, which is trading close to its 3-year average PE ratio of 15.6x.
    • Analysts are expecting annual earnings growth of 28.5%, which is lower than the prior year's growth of 105.7% per year.
  • Investors are most pessimistic about the Consumer Finance industry, which is trading below its 3-year average of 12.4x.
Forecasted Growth
  • Analysts are most optimistic on the Banks industry, expecting annual earnings growth of 30% over the next 5 years.
  • This is better than its past earnings growth rate of 13% per year.
  • In contrast, the Diversified Financial industry is expected to see its earnings grow by 29% 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
GARAN Turkiye Garanti Bankasi₺99.255.4%
+₺21.4b
303.8%PB1.6x
AKBNK Akbank T.A.S₺66.505.7%
+₺18.7b
358.3%PB1.6x
ISCTR Türkiye Is Bankasi₺15.444.3%
+₺16.0b
266.2%PB1.4x
YKBNK Yapi ve Kredi Bankasi₺35.304.1%
+₺11.8b
285.4%PB1.7x
VAKBN Türkiye Vakiflar Bankasi Türk Anonim Ortakligi₺22.103.3%
+₺6.9b
145.3%PB1.2x
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Latest News

YKBNK

₺35.30

Yapi ve Kredi Bankasi

7D

4.1%

1Y

285.4%

ANHYT

₺87.20

Anadolu Hayat Emeklilik Anonim Sirketi

7D

16.4%

1Y

452.6%

ISCTR

₺15.44

Türkiye Is Bankasi

7D

4.3%

1Y

266.2%

HALKB

₺18.41

Türkiye Halk Bankasi

7D

5.2%

1Y

49.8%

AKBNK

₺66.50

Akbank T.A.S

7D

5.7%

1Y

358.3%

KLNMA

₺18.99

Türkiye Kalkinma ve Yatirim Bankasi

7D

-10.0%

1Y

65.1%

GARFA

₺28.94

Garanti Faktoring

7D

-18.9%

1Y

543.1%

QNBFB

₺364.50

QNB Finansbank

7D

-6.5%

1Y

820.5%

KTLEV

₺57.95

Katilimevim Tasarruf Finansman Anonim Sirketi

7D

-40.6%

1Y

n/a

GARAN

₺99.25

Turkiye Garanti Bankasi

7D

5.4%

1Y

303.8%

BINHO

₺459.50

1000 Yatirimlar Holding Anonim Sirketi

7D

-5.8%

1Y

n/a

QNBFL

₺134.50

QNB Finans Finansal Kiralama

7D

-7.6%

1Y

1,391.8%

INVEO

₺44.70

Inveo Yatirim Holding Anonim Sirketi

7D

-10.6%

1Y

137.8%