Turkish (BIST) Healthcare Sector Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies15
- 7D0.4%
- 3M9.2%
- 1Y109.8%
- YTD16.8%
Over the last 7 days, the Healthcare industry has risen 1.2%, driven by gains from MLP Saglik Hizmetleri of 6.3%. During this same period, the Selçuk Ecza Deposu Ticaret ve Sanayi underperformed, falling 5.6%. This means that the industry has gained 108% over the past year. Looking forward, earnings are forecast to grow by 44% annually.
Sector Valuation and Performance
Has the Turkish Healthcare Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | ₺150.2b | ₺144.1b | ₺9.3b | 26.8x | 16.1x | 1x |
| Mon, 25 Mar 2024 | ₺146.5b | ₺139.9b | ₺9.8b | 22.5x | 15x | 1x |
| Wed, 21 Feb 2024 | ₺151.0b | ₺103.7b | ₺10.2b | 21.9x | 14.8x | 1.5x |
| Fri, 19 Jan 2024 | ₺132.1b | ₺102.8b | ₺9.8b | 14.5x | 13.4x | 1.3x |
| Sun, 17 Dec 2023 | ₺120.3b | ₺102.8b | ₺9.8b | 15.7x | 12.2x | 1.2x |
| Tue, 14 Nov 2023 | ₺135.2b | ₺102.6b | ₺9.8b | 16.1x | 13.7x | 1.3x |
| Thu, 12 Oct 2023 | ₺142.4b | ₺89.8b | ₺9.0b | 16.9x | 15.8x | 1.6x |
| Sat, 09 Sep 2023 | ₺139.2b | ₺89.8b | ₺9.0b | 18.1x | 15.4x | 1.6x |
| Mon, 07 Aug 2023 | ₺108.4b | ₺80.3b | ₺8.2b | 15.4x | 13.3x | 1.4x |
| Wed, 05 Jul 2023 | ₺84.4b | ₺80.2b | ₺8.1b | 9.4x | 10.4x | 1.1x |
| Fri, 02 Jun 2023 | ₺71.9b | ₺80.2b | ₺8.1b | 8.1x | 8.8x | 0.9x |
| Sun, 30 Apr 2023 | ₺68.0b | ₺67.9b | ₺7.7b | 8.5x | 8.9x | 1x |
| Tue, 28 Mar 2023 | ₺77.2b | ₺67.9b | ₺7.7b | 9.3x | 10.1x | 1.1x |
| Thu, 23 Feb 2023 | ₺82.6b | ₺58.9b | ₺6.8b | 12.6x | 12.2x | 1.4x |
| Sat, 21 Jan 2023 | ₺86.9b | ₺58.8b | ₺6.8b | 13.4x | 12.8x | 1.5x |
| Mon, 19 Dec 2022 | ₺83.1b | ₺58.6b | ₺6.8b | 13x | 12.3x | 1.4x |
| Wed, 16 Nov 2022 | ₺65.6b | ₺58.8b | ₺6.7b | 11x | 9.8x | 1.1x |
| Fri, 14 Oct 2022 | ₺54.9b | ₺50.6b | ₺4.7b | 11x | 11.7x | 1.1x |
| Sun, 11 Sep 2022 | ₺49.7b | ₺50.6b | ₺4.7b | 10.4x | 10.6x | 1x |
| Tue, 09 Aug 2022 | ₺45.9b | ₺43.7b | ₺3.8b | 11.8x | 12.1x | 1x |
| Thu, 07 Jul 2022 | ₺38.5b | ₺43.9b | ₺3.8b | 11.6x | 10x | 0.9x |
| Sat, 04 Jun 2022 | ₺38.6b | ₺43.9b | ₺3.8b | 9.7x | 10x | 0.9x |
| Mon, 02 May 2022 | ₺36.2b | ₺39.1b | ₺3.2b | 10.2x | 11.4x | 0.9x |
| Wed, 30 Mar 2022 | ₺34.0b | ₺39.1b | ₺3.2b | 11.7x | 10.7x | 0.9x |
| Fri, 25 Feb 2022 | ₺29.5b | ₺38.0b | ₺2.4b | 10.7x | 12.2x | 0.8x |
| Sun, 23 Jan 2022 | ₺35.5b | ₺35.5b | ₺2.3b | 14.2x | 15.3x | 1x |
| Tue, 21 Dec 2021 | ₺37.4b | ₺35.5b | ₺2.3b | 15.5x | 16.1x | 1.1x |
| Thu, 18 Nov 2021 | ₺29.5b | ₺35.5b | ₺2.3b | 13.9x | 12.7x | 0.8x |
| Sat, 16 Oct 2021 | ₺25.1b | ₺33.5b | ₺2.2b | 15x | 11.2x | 0.8x |
| Mon, 13 Sep 2021 | ₺27.7b | ₺33.5b | ₺2.2b | 16.1x | 12.3x | 0.8x |
| Wed, 11 Aug 2021 | ₺25.1b | ₺33.5b | ₺2.2b | 15.9x | 11.2x | 0.7x |
| Sun, 06 Jun 2021 | ₺21.3b | ₺28.4b | ₺1.6b | 18.6x | 13.1x | 0.7x |
Price to Earnings Ratio
14.4x
Current Industry PE
- Investors are optimistic on the Turkish Healthcare industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 16.2x which is higher than its 3-year average PE of 12.3x.
- The industry is trading close to its 3-year average PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 79% per year over the last three years.
- Revenues for these companies have grown 72% 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 Healthcare sector?
| TR Market | 3.05% | |
| Healthcare | 0.39% | |
| Biotech | 1.87% | |
| Medical Equipment | 1.11% | |
| Healthcare Services | 0.61% | |
| Healthtech | 0.49% | |
| Life Sciences | 0% | |
| Pharma | -0.56% | |
Industry PE
- Investors are most optimistic about the Healthtech industry which is trading above its 3-year average PE ratio of 16.1x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 44% over the next 5 years.
- This is better than its past earnings growth rate of 1.7% per year.
- In contrast, the Healthcare Services industry is expected to see its earnings grow by 44% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| MPARK MLP Saglik Hizmetleri | ₺230.00 | 6.3% +₺2.9b | 248.2% | PE10.6x | |
| TRILC Turk Ilac Ve Serum Sanayi Anonim Sirketi | ₺23.36 | 6.6% +₺233.0m | 157.8% | PE35.8x | |
| EGEPO Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi | ₺20.98 | 6.6% +₺161.3m | 71.4% | PE28.6x | |
| ONCSM Oncosem Onkolojik Sistemler Sanayi Ve Ticaret Anonim Sirketi | ₺173.90 | 3.5% +₺140.7m | 138.5% | PS17.2x | |
| SEYKM Seyitler Kimya Sanayi | ₺8.80 | 18.1% +₺135.0m | 103.8% | PE23.7x |