Turkish (BIST) Diversified Banks Industry Analysis
UpdatedSep 20, 2023
DataAggregated Company Financials
Companies10
- 7D5.4%
- 3M102.3%
- 1Y176.1%
- YTD82.8%
In the last week, the Diversified Banks industry is up 5.4%, with QNB Finansbank up 20%. Meanwhile, Haci Ömer Sabanci Holding actually underperformed within the industry, shrinking 6.0% in the last week. In the last 12 months, the industry was up 176%. In the next few years earnings are forecast to be pretty stable.
Industry Valuation and Performance
Has the Turkish Diversified Banks Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 21 Sep 2023 | ₺1.8t | ₺909.8b | ₺383.9b | 3.7x | 4.6x | 2x |
| Sat, 19 Aug 2023 | ₺1.3t | ₺908.6b | ₺383.5b | 3x | 3.4x | 1.4x |
| Mon, 17 Jul 2023 | ₺1.1t | ₺822.0b | ₺364.9b | 2.7x | 2.9x | 1.3x |
| Wed, 14 Jun 2023 | ₺870.4b | ₺821.1b | ₺364.6b | 2.3x | 2.4x | 1.1x |
| Fri, 12 May 2023 | ₺872.4b | ₺794.3b | ₺360.0b | 2.3x | 2.4x | 1.1x |
| Sun, 09 Apr 2023 | ₺746.3b | ₺727.7b | ₺338.5b | 2.2x | 2.2x | 1x |
| Tue, 07 Mar 2023 | ₺807.6b | ₺722.1b | ₺338.2b | 2.5x | 2.4x | 1.1x |
| Thu, 02 Feb 2023 | ₺699.0b | ₺570.6b | ₺252.2b | 3.1x | 2.8x | 1.2x |
| Sat, 31 Dec 2022 | ₺904.8b | ₺558.8b | ₺247.8b | 3.9x | 3.7x | 1.6x |
| Mon, 28 Nov 2022 | ₺769.6b | ₺559.0b | ₺247.8b | 3.4x | 3.1x | 1.4x |
| Wed, 26 Oct 2022 | ₺691.4b | ₺409.3b | ₺174.0b | 3.5x | 4x | 1.7x |
| Fri, 23 Sep 2022 | ₺581.6b | ₺409.3b | ₺174.0b | 3.3x | 3.3x | 1.4x |
| Sun, 21 Aug 2022 | ₺518.0b | ₺405.2b | ₺173.4b | 2.6x | 3x | 1.3x |
| Tue, 19 Jul 2022 | ₺400.4b | ₺302.7b | ₺110.5b | 3.2x | 3.6x | 1.3x |
| Thu, 16 Jun 2022 | ₺423.3b | ₺302.7b | ₺110.5b | 3.4x | 3.8x | 1.4x |
| Sat, 14 May 2022 | ₺401.5b | ₺297.5b | ₺108.3b | 3.4x | 3.7x | 1.3x |
| Mon, 11 Apr 2022 | ₺404.1b | ₺228.5b | ₺72.8b | 4.6x | 5.6x | 1.8x |
| Wed, 09 Mar 2022 | ₺293.6b | ₺191.5b | ₺60.7b | 3.8x | 4.8x | 1.5x |
| Fri, 04 Feb 2022 | ₺332.6b | ₺147.3b | ₺44.1b | 6.8x | 7.5x | 2.3x |
| Sun, 02 Jan 2022 | ₺313.4b | ₺147.3b | ₺44.1b | 6.5x | 7.1x | 2.1x |
| Tue, 30 Nov 2021 | ₺300.4b | ₺147.3b | ₺44.1b | 6.9x | 6.8x | 2x |
| Thu, 28 Oct 2021 | ₺269.7b | ₺137.6b | ₺38.5b | 6.5x | 7x | 2x |
| Sat, 25 Sep 2021 | ₺265.8b | ₺137.6b | ₺38.5b | 6.2x | 6.9x | 1.9x |
| Mon, 23 Aug 2021 | ₺284.2b | ₺137.6b | ₺38.5b | 6x | 7.4x | 2.1x |
| Sat, 10 Jul 2021 | ₺278.6b | ₺137.6b | ₺38.5b | 5.7x | 7.2x | 2x |
| Fri, 02 Apr 2021 | ₺312.9b | ₺134.5b | ₺37.1b | 5x | 8.4x | 2.3x |
| Mon, 04 Jan 2021 | ₺417.3b | ₺133.1b | ₺36.7b | 6.3x | 11.4x | 3.1x |
| Thu, 08 Oct 2020 | ₺366.1b | ₺130.9b | ₺36.8b | 4.7x | 10x | 2.8x |
Price to Earnings Ratio
10x
Current Industry PE
- Investors are pessimistic on the Turkish Diversified Banks 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 4.6x which is lower than its 3-year average PE of 5.8x.
- The industry is trading close to its 3-year average PS ratio of 1.9x.
Past Earnings Growth
- The earnings for companies in the Diversified Banks industry have grown 119% per year over the last three years.
- Revenues for these companies have grown 91% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Turkish Diversified Banks compare with similar industries?
| TR Market | -2.47% | |
| Financials | 3.52% | |
| Banks | 5.38% | |
| Diversified Banks | 5.38% | |
| Regional Banks | 0% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| QNBFB QNB Finansbank | ₺220.80 | 20.2% +₺124.3b | 433.3% | PB13.4x | |
| GARAN Turkiye Garanti Bankasi | ₺51.50 | 4.8% +₺9.8b | 167.5% | PB1.2x | |
| ISCTR Türkiye Is Bankasi | ₺22.50 | 4.5% +₺9.6b | 183.7% | PB1.1x | |
| AKBNK Akbank T.A.S | ₺29.60 | 1.6% +₺2.4b | 156.9% | PB0.9x | |
| YKBNK Yapi ve Kredi Bankasi | ₺16.51 | 1.0% +₺1.4b | 136.2% | PB1x |