Turkish (BIST) Asset Management Industry Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies28
- 7D-2.8%
- 3M7.4%
- 1Y100.0%
- YTDn/a
Over the last 7 days, the Asset Management industry has dropped 3.1%, driven by Verusa Holding declining 9.4%. In contrast, Osmanli Yatirim Menkul Degerler has gained 5.3%. In the past year, the industry has gained 97%.
Industry Valuation and Performance
Has the Turkish Asset Management Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | ₺98.2b | ₺80.5b | ₺5.3b | 8.8x | 18.5x | 1.2x |
| Mon, 25 Mar 2024 | ₺105.1b | ₺71.5b | ₺22.8b | 6.5x | 4.6x | 1.5x |
| Wed, 21 Feb 2024 | ₺108.5b | ₺71.4b | ₺22.9b | 8.2x | 4.7x | 1.5x |
| Fri, 19 Jan 2024 | ₺81.3b | ₺71.3b | ₺23.0b | 6.4x | 3.5x | 1.1x |
| Sun, 17 Dec 2023 | ₺79.7b | ₺70.7b | ₺19.4b | 6.3x | 4.1x | 1.1x |
| Tue, 14 Nov 2023 | ₺68.3b | ₺64.0b | ₺14.3b | 7.7x | 4.8x | 1.1x |
| Thu, 12 Oct 2023 | ₺68.7b | ₺57.0b | ₺9.7b | 9.7x | 7.1x | 1.2x |
| Sat, 09 Sep 2023 | ₺63.0b | ₺57.0b | ₺9.7b | 10.2x | 6.5x | 1.1x |
| Mon, 07 Aug 2023 | ₺54.6b | ₺48.8b | ₺11.1b | 8.8x | 4.9x | 1.1x |
| Wed, 05 Jul 2023 | ₺44.2b | ₺46.9b | ₺9.5b | 7.6x | 4.7x | 0.9x |
| Fri, 02 Jun 2023 | ₺39.5b | ₺46.9b | ₺9.5b | 6.9x | 4.2x | 0.8x |
| Sun, 30 Apr 2023 | ₺38.6b | ₺48.7b | ₺15.9b | 5.4x | 2.4x | 0.8x |
| Tue, 28 Mar 2023 | ₺41.2b | ₺46.0b | ₺15.8b | 6.2x | 2.6x | 0.9x |
| Thu, 23 Feb 2023 | ₺35.3b | ₺43.3b | ₺12.1b | 5.7x | 2.9x | 0.8x |
| Sat, 21 Jan 2023 | ₺42.3b | ₺42.7b | ₺10.1b | 9.6x | 4.2x | 1x |
| Mon, 19 Dec 2022 | ₺44.6b | ₺42.7b | ₺10.2b | 10.3x | 4.4x | 1x |
| Wed, 16 Nov 2022 | ₺33.9b | ₺38.1b | ₺9.6b | 9.5x | 3.5x | 0.9x |
| Fri, 14 Oct 2022 | ₺25.6b | ₺38.1b | ₺10.2b | 9.8x | 2.5x | 0.7x |
| Sun, 11 Sep 2022 | ₺25.1b | ₺38.0b | ₺10.1b | 9.8x | 2.5x | 0.7x |
| Tue, 09 Aug 2022 | ₺21.4b | ₺33.6b | ₺9.5b | 13x | 2.2x | 0.6x |
| Thu, 07 Jul 2022 | ₺18.5b | ₺34.2b | ₺9.6b | 10.2x | 1.9x | 0.5x |
| Sat, 04 Jun 2022 | ₺18.0b | ₺34.2b | ₺9.6b | 9x | 1.9x | 0.5x |
| Mon, 02 May 2022 | ₺24.5b | ₺31.2b | ₺11.1b | 11.4x | 2.2x | 0.8x |
| Wed, 30 Mar 2022 | ₺24.0b | ₺33.0b | ₺11.3b | 12x | 2.1x | 0.7x |
| Fri, 25 Feb 2022 | ₺16.0b | ₺31.3b | ₺6.5b | 10.1x | 2.5x | 0.5x |
| Sun, 23 Jan 2022 | ₺17.3b | ₺34.4b | ₺6.3b | 16x | 2.7x | 0.5x |
| Tue, 21 Dec 2021 | ₺16.8b | ₺34.4b | ₺6.3b | 15.5x | 2.7x | 0.5x |
| Thu, 18 Nov 2021 | ₺15.8b | ₺34.4b | ₺6.3b | 15.3x | 2.5x | 0.5x |
| Sat, 16 Oct 2021 | ₺13.3b | ₺32.9b | ₺3.4b | 14.1x | 4x | 0.4x |
| Mon, 13 Sep 2021 | ₺14.7b | ₺32.8b | ₺3.4b | 15.2x | 4.4x | 0.4x |
| Wed, 11 Aug 2021 | ₺13.3b | ₺32.9b | ₺3.3b | 15.3x | 4x | 0.4x |
| Sun, 06 Jun 2021 | ₺13.8b | ₺25.4b | ₺3.4b | 11.7x | 4.1x | 0.5x |
Price to Earnings Ratio
4.4x
Current Industry PE
- Investors are optimistic on the Turkish Asset Management and Custody Banks industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 18.6x which is higher than its 3-year average PE of 3.9x.
- The 3-year average PS ratio of 0.81x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Asset Management and Custody Banks industry have grown 16% per year over the last three years.
- Revenues for these companies have grown 47% 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 Asset Management compare with similar industries?
| TR Market | 3.05% | |
| Financials | 3.82% | |
| Capital Markets | 2.49% | |
| Asset Management | -2.78% | |
| Investment Banking and Brokerage | 8.46% | |
| Financial Exchanges and Data | 2.02% | |
| Diversified Capital Markets | 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 | |
|---|---|---|---|---|---|
| ISGSY Is Girisim Sermayesi Yatirim Ortakligi | ₺34.74 | 11.3% +₺264.3m | 187.3% | PE4.5x | |
| VERTU Verusaturk Girisim Sermayesi Yatirim Ortakligi | ₺50.60 | 8.6% +₺208.0m | 68.9% | PE2.3x | |
| OSMEN Osmanli Yatirim Menkul Degerler | ₺212.50 | 4.7% +₺201.0m | 188.7% | PE8.8x | |
| GOZDE Gozde Girisim Sermayesi Yatirim Ortakligi | ₺23.16 | 1.8% +₺161.7m | 82.2% | PS98.4x | |
| OYAYO Oyak Yatirim Ortakligi | ₺47.96 | 11.5% +₺99.2m | 390.4% | PS2.3x |