Turkish (BIST) Healthcare Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies15
- 7D2.6%
- 3M24.4%
- 1Y72.9%
- YTD45.8%
In the last week, the Healthcare industry is up 2.6%, with MLP Saglik Hizmetleri up 3.1%. Meanwhile, Deva Holding actually underperformed within the industry, shrinking 7.5% in the last week. In the last 12 months, the industry was up 73%. Earnings are forecast to grow by 22% 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 |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ₺184.8b | ₺147.7b | ₺10.9b | 16.2x | 17x | 1.3x |
| Sun, 23 Jun 2024 | ₺174.0b | ₺147.6b | ₺10.9b | 15.3x | 16x | 1.2x |
| Tue, 21 May 2024 | ₺168.5b | ₺148.0b | ₺10.1b | 25.3x | 16.7x | 1.1x |
| Thu, 18 Apr 2024 | ₺146.1b | ₺144.1b | ₺9.3b | 25.3x | 15.7x | 1x |
| Sat, 16 Mar 2024 | ₺150.3b | ₺132.2b | ₺7.4b | 23.5x | 20.4x | 1.1x |
| Mon, 12 Feb 2024 | ₺144.5b | ₺103.7b | ₺10.2b | 18.1x | 14.2x | 1.4x |
| Wed, 10 Jan 2024 | ₺122.3b | ₺102.8b | ₺9.8b | 13.5x | 12.4x | 1.2x |
| Fri, 08 Dec 2023 | ₺125.4b | ₺102.8b | ₺9.8b | 16x | 12.7x | 1.2x |
| Sun, 05 Nov 2023 | ₺133.5b | ₺91.2b | ₺9.2b | 16.2x | 14.4x | 1.5x |
| Tue, 03 Oct 2023 | ₺141.5b | ₺89.8b | ₺9.0b | 18x | 15.7x | 1.6x |
| Thu, 31 Aug 2023 | ₺128.0b | ₺89.8b | ₺9.0b | 17.5x | 14.2x | 1.4x |
| Sat, 29 Jul 2023 | ₺103.9b | ₺80.3b | ₺8.2b | 12.2x | 12.7x | 1.3x |
| Mon, 26 Jun 2023 | ₺76.5b | ₺80.2b | ₺8.1b | 8.7x | 9.4x | 1x |
| Wed, 24 May 2023 | ₺64.5b | ₺80.0b | ₺8.1b | 7.4x | 7.9x | 0.8x |
| Fri, 21 Apr 2023 | ₺71.4b | ₺67.9b | ₺7.7b | 8.5x | 9.3x | 1.1x |
| Sun, 19 Mar 2023 | ₺80.9b | ₺67.9b | ₺7.7b | 9.5x | 10.5x | 1.2x |
| Tue, 14 Feb 2023 | ₺74.6b | ₺58.8b | ₺6.8b | 11.2x | 10.9x | 1.3x |
| Thu, 12 Jan 2023 | ₺76.6b | ₺58.6b | ₺6.8b | 12x | 11.3x | 1.3x |
| Sat, 10 Dec 2022 | ₺79.2b | ₺58.6b | ₺6.8b | 12.7x | 11.7x | 1.4x |
| Mon, 07 Nov 2022 | ₺63.6b | ₺52.0b | ₺5.4b | 11.4x | 11.8x | 1.2x |
| Wed, 05 Oct 2022 | ₺52.1b | ₺50.6b | ₺4.7b | 11.1x | 11.1x | 1x |
| Fri, 02 Sep 2022 | ₺47.8b | ₺50.6b | ₺4.7b | 10.2x | 10.2x | 0.9x |
| Sun, 31 Jul 2022 | ₺44.1b | ₺43.7b | ₺3.8b | 10.8x | 11.5x | 1x |
| Tue, 28 Jun 2022 | ₺39.0b | ₺43.9b | ₺3.8b | 12.6x | 10.1x | 0.9x |
| Thu, 26 May 2022 | ₺36.2b | ₺43.9b | ₺3.8b | 10.1x | 9.4x | 0.8x |
| Sat, 23 Apr 2022 | ₺36.8b | ₺39.1b | ₺3.2b | 11.4x | 11.6x | 0.9x |
| Mon, 21 Mar 2022 | ₺31.8b | ₺39.1b | ₺3.2b | 10.7x | 10x | 0.8x |
| Wed, 16 Feb 2022 | ₺33.7b | ₺35.5b | ₺2.3b | 12.7x | 14.5x | 1x |
| Fri, 14 Jan 2022 | ₺34.6b | ₺35.5b | ₺2.3b | 14.3x | 14.9x | 1x |
| Sun, 12 Dec 2021 | ₺34.7b | ₺35.5b | ₺2.3b | 14.7x | 14.9x | 1x |
| Tue, 09 Nov 2021 | ₺29.0b | ₺34.2b | ₺2.2b | 14.4x | 13.2x | 0.8x |
| Thu, 07 Oct 2021 | ₺25.4b | ₺33.5b | ₺2.2b | 15.1x | 11.3x | 0.8x |
| Sat, 04 Sep 2021 | ₺27.9b | ₺33.5b | ₺2.2b | 17.2x | 12.4x | 0.8x |
| Mon, 02 Aug 2021 | ₺21.3b | ₺30.5b | ₺2.0b | 16.9x | 10.8x | 0.7x |
Price to Earnings Ratio
10.8x
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 17.0x which is higher than its 3-year average PE of 12.6x.
- The 3-year average PS ratio of 1.1x is lower than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 77% per year over the last three years.
- Revenues for these companies have grown 69% 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 | -0.93% | |
| Healthcare | 2.59% | |
| Healthtech | 13.05% | |
| Healthcare Services | 3.47% | |
| Biotech | 1.51% | |
| Pharma | 0.96% | |
| Life Sciences | 0% | |
| Medical Equipment | -4.76% | |
Industry PE
- Investors are most optimistic about the Biotech industry which is trading above its 3-year average PE ratio of 18.8x.
- 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 22% over the next 5 years.
- However this is lower than its past earnings growth rate of 107% per year.
- In contrast, the Healthcare Services industry is expected to see its earnings grow by 22% 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 | ₺379.00 | 3.1% +₺2.4b | 312.9% | PE16.1x | |
| SELEC Selçuk Ecza Deposu Ticaret ve Sanayi | ₺55.65 | 4.6% +₺1.5b | 21.4% | PS0.4x | |
| GENIL Gen Ilac Ve Saglik Urunleri Sanayi Ve Ticaret Anonim Sirketi | ₺73.50 | 4.9% +₺1.0b | 18.5% | PE29x | |
| TRILC Turk Ilac Ve Serum Sanayi Anonim Sirketi | ₺28.50 | 12.6% +₺517.8m | 153.8% | PE251.8x | |
| FONET Fonet Bilgi Teknolojileri | ₺19.40 | 13.1% +₺322.6m | 365.0% | PE16.3x |