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Turkish (BIST) Healthcare Sector Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies15
- 7D-6.1%
- 3M8.2%
- 1Y64.4%
- YTD59.5%
Over the last 7 days, the Healthcare industry has dropped 6.1%, driven by MLP Saglik Hizmetleri declining 8.7%. Meanwhile, Oncosem Onkolojik Sistemler Sanayi Ve Ticaret Anonim Sirketi actually outperformed within the industry, gaining 5.8% in the last week. Over the past 12 months, the industry was up 64%. Looking forward, earnings are forecast to grow by 28% 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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | ₺199.1b | ₺145.5b | ₺13.0b | 10.8x | 15.3x | 1.4x |
| Tue, 19 Nov 2024 | ₺197.2b | ₺145.7b | ₺12.9b | 12.5x | 15.2x | 1.4x |
| Thu, 17 Oct 2024 | ₺174.3b | ₺144.4b | ₺10.5b | 13.6x | 16.6x | 1.2x |
| Sat, 14 Sep 2024 | ₺186.1b | ₺145.0b | ₺11.4b | 16.1x | 16.4x | 1.3x |
| Mon, 12 Aug 2024 | ₺187.5b | ₺147.7b | ₺10.9b | 16.5x | 17.2x | 1.3x |
| Wed, 10 Jul 2024 | ₺170.1b | ₺147.7b | ₺10.9b | 14.4x | 15.6x | 1.2x |
| Fri, 07 Jun 2024 | ₺161.1b | ₺151.5b | ₺10.5b | 24.6x | 15.3x | 1.1x |
| Sun, 05 May 2024 | ₺155.8b | ₺144.1b | ₺9.4b | 27.7x | 16.6x | 1.1x |
| Tue, 02 Apr 2024 | ₺143.1b | ₺139.9b | ₺9.8b | 22.3x | 14.7x | 1x |
| Thu, 29 Feb 2024 | ₺148.8b | ₺103.7b | ₺10.2b | 20.9x | 14.6x | 1.4x |
| Sat, 27 Jan 2024 | ₺135.7b | ₺102.8b | ₺9.8b | 15.6x | 13.8x | 1.3x |
| Mon, 25 Dec 2023 | ₺123.0b | ₺102.8b | ₺9.8b | 14.7x | 12.5x | 1.2x |
| Wed, 22 Nov 2023 | ₺133.8b | ₺102.8b | ₺9.8b | 16.5x | 13.6x | 1.3x |
| Fri, 20 Oct 2023 | ₺133.2b | ₺89.8b | ₺9.0b | 16.2x | 14.8x | 1.5x |
| Sun, 17 Sep 2023 | ₺139.9b | ₺89.8b | ₺9.0b | 18x | 15.5x | 1.6x |
| Tue, 15 Aug 2023 | ₺120.7b | ₺81.9b | ₺8.5b | 17x | 14.2x | 1.5x |
| Thu, 13 Jul 2023 | ₺90.5b | ₺80.3b | ₺8.2b | 9.8x | 11.1x | 1.1x |
| Sat, 10 Jun 2023 | ₺77.4b | ₺80.2b | ₺8.1b | 8.7x | 9.5x | 1x |
| Mon, 08 May 2023 | ₺64.4b | ₺69.3b | ₺7.7b | 7.5x | 8.3x | 0.9x |
| Wed, 05 Apr 2023 | ₺71.8b | ₺67.9b | ₺7.7b | 8.5x | 9.4x | 1.1x |
| Fri, 03 Mar 2023 | ₺82.5b | ₺65.4b | ₺7.3b | 12.4x | 11.3x | 1.3x |
| Sun, 29 Jan 2023 | ₺85.8b | ₺58.8b | ₺6.8b | 13.3x | 12.7x | 1.5x |
| Tue, 27 Dec 2022 | ₺88.8b | ₺58.6b | ₺6.8b | 13.4x | 13.1x | 1.5x |
| Thu, 24 Nov 2022 | ₺68.9b | ₺58.8b | ₺6.8b | 12.2x | 10.2x | 1.2x |
| Sat, 22 Oct 2022 | ₺58.2b | ₺51.0b | ₺5.1b | 12x | 11.4x | 1.1x |
| Mon, 19 Sep 2022 | ₺50.0b | ₺50.6b | ₺4.7b | 11.1x | 10.7x | 1x |
| Wed, 17 Aug 2022 | ₺46.5b | ₺49.6b | ₺4.4b | 12.1x | 10.6x | 0.9x |
| Fri, 15 Jul 2022 | ₺41.2b | ₺43.7b | ₺3.8b | 10.4x | 10.8x | 0.9x |
| Sun, 12 Jun 2022 | ₺37.4b | ₺43.9b | ₺3.8b | 11.2x | 9.7x | 0.9x |
| Tue, 10 May 2022 | ₺37.2b | ₺39.5b | ₺3.3b | 10.3x | 11.3x | 0.9x |
| Thu, 07 Apr 2022 | ₺34.7b | ₺39.1b | ₺3.2b | 11.4x | 11x | 0.9x |
| Sat, 05 Mar 2022 | ₺31.9b | ₺38.0b | ₺2.4b | 10.8x | 13.2x | 0.8x |
| Mon, 31 Jan 2022 | ₺35.3b | ₺35.5b | ₺2.3b | 13.5x | 15.2x | 1x |
| Wed, 29 Dec 2021 | ₺33.8b | ₺35.5b | ₺2.3b | 14.6x | 14.5x | 1x |
Price to Earnings Ratio
14.5x
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 15.3x which is higher than its 3-year average PE of 13.2x.
- The 3-year average PS ratio of 1.2x is lower than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 78% per year over the last three years.
- Revenues for these companies have grown 60% 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 | -3.37% | |
| Healthcare | -6.13% | |
| Life Sciences | 0% | |
| Biotech | -1.42% | |
| Pharma | -4.81% | |
| Medical Equipment | -6.09% | |
| Healthcare Services | -6.75% | |
| Healthtech | -6.88% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry which is trading above its 3-year average PE ratio.
- 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 28% over the next 5 years.
- However this is lower than its past earnings growth rate of 41% per year.
- In contrast, the Healthcare Services industry is expected to see its earnings grow by 28% 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 | |
|---|---|---|---|---|---|
| ONCSM Oncosem Onkolojik Sistemler Sanayi Ve Ticaret Anonim Sirketi | ₺111.30 | 5.8% +₺145.5m | -18.2% | PS9.7x |