Turkish (BIST) Healthcare Sector Analysis
UpdatedMar 20, 2023
DataAggregated Company Financials
Companies15
- 7D0.8%
- 3M-7.4%
- 1Y140.3%
- YTD-11.7%
The Healthcare is pretty flat in the last 7 days, but Gen Ilac Ve Saglik Urunleri Sanayi Ve Ticaret Anonim Sirketi has stood out, gaining 10%. As for the the longer term, the industry is up 140% over the past 12 months. As for the next few years, earnings are expected to grow by 25% per annum.
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 |
|---|---|---|---|---|---|---|
| Tue, 21 Mar 2023 | ₺77.5b | ₺67.9b | ₺7.7b | 9.2x | 10.1x | 1.1x |
| Thu, 16 Feb 2023 | ₺74.6b | ₺58.8b | ₺6.8b | 11.2x | 10.9x | 1.3x |
| Sat, 14 Jan 2023 | ₺81.2b | ₺58.6b | ₺6.8b | 12.5x | 12x | 1.4x |
| Mon, 12 Dec 2022 | ₺79.2b | ₺58.6b | ₺6.8b | 12.7x | 11.7x | 1.4x |
| Wed, 09 Nov 2022 | ₺64.3b | ₺52.0b | ₺5.4b | 11.8x | 11.9x | 1.2x |
| Fri, 07 Oct 2022 | ₺53.5b | ₺50.6b | ₺4.7b | 11.6x | 11.4x | 1.1x |
| Sun, 04 Sep 2022 | ₺48.2b | ₺50.6b | ₺4.7b | 10.2x | 10.3x | 1x |
| Tue, 02 Aug 2022 | ₺44.6b | ₺43.7b | ₺3.8b | 11.5x | 11.7x | 1x |
| Thu, 30 Jun 2022 | ₺37.6b | ₺43.9b | ₺3.8b | 12.1x | 9.8x | 0.9x |
| Sat, 28 May 2022 | ₺37.1b | ₺43.9b | ₺3.8b | 9.8x | 9.6x | 0.8x |
| Mon, 25 Apr 2022 | ₺36.8b | ₺39.1b | ₺3.2b | 11.4x | 11.6x | 0.9x |
| Wed, 23 Mar 2022 | ₺33.1b | ₺39.1b | ₺3.2b | 11.1x | 10.4x | 0.8x |
| Fri, 18 Feb 2022 | ₺33.3b | ₺35.5b | ₺2.3b | 12.7x | 14.3x | 0.9x |
| Sun, 16 Jan 2022 | ₺35.0b | ₺35.5b | ₺2.3b | 14.5x | 15.1x | 1x |
| Tue, 14 Dec 2021 | ₺35.0b | ₺35.5b | ₺2.3b | 14.7x | 15x | 1x |
| Thu, 11 Nov 2021 | ₺28.9b | ₺34.2b | ₺2.2b | 14.7x | 13.2x | 0.8x |
| Sat, 09 Oct 2021 | ₺25.6b | ₺33.5b | ₺2.2b | 15.3x | 11.4x | 0.8x |
| Mon, 06 Sep 2021 | ₺28.1b | ₺33.5b | ₺2.2b | 17.1x | 12.5x | 0.8x |
| Wed, 04 Aug 2021 | ₺21.5b | ₺30.5b | ₺2.0b | 16.7x | 10.9x | 0.7x |
| Sat, 08 May 2021 | ₺23.4b | ₺28.4b | ₺1.6b | 19.5x | 14.4x | 0.8x |
| Tue, 09 Feb 2021 | ₺21.4b | ₺27.6b | ₺1.4b | 19.3x | 14.9x | 0.8x |
| Mon, 02 Nov 2020 | ₺16.4b | ₺26.4b | ₺1.4b | 19.5x | 11.9x | 0.6x |
| Thu, 06 Aug 2020 | ₺15.5b | ₺25.3b | ₺1.2b | 19.1x | 12.4x | 0.6x |
| Sun, 10 May 2020 | ₺12.8b | ₺24.9b | ₺1.2b | 20.3x | 10.6x | 0.5x |
Price to Earnings Ratio
8.6x
Current Industry PE
- Investors are pessimistic on the Turkish Healthcare 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 10.5x which is lower than its 3-year average PE of 12.2x.
- The 3-year average PS ratio of 0.85x is lower than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Healthcare industry have grown 85% per year over the last three years.
- Revenues for these companies have grown 40% 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 | -2.93% | |
| Healthcare | 0.76% | |
| Medical Equipment | 6.96% | |
| Pharma | 4.98% | |
| Life Sciences | 0% | |
| Healthcare Services | -2.13% | |
| Biotech | -3.26% | |
| Healthtech | -8.74% | |
Industry PE
- Investors are most optimistic about the Medical Equipment industry even though it's trading below its 3-year average PE ratio of 34.4x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Biotech industry, which is trading below its 3-year average of 27.8x.
Forecasted Growth
- Analysts are most optimistic on the Healthcare Services industry, expecting annual earnings growth of 25% over the next 5 years.
- However this is lower than its past earnings growth rate of 155% per year.
- In contrast, the Healthcare Services industry is expected to see its earnings grow by 25% 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 | |
|---|---|---|---|---|---|
| GENIL Gen Ilac Ve Saglik Urunleri Sanayi Ve Ticaret Anonim Sirketi | ₺52.35 | 10.1% +₺1.4b | 239.3% | PE14.5x | |
| ONCSM Oncosem Onkolojik Sistemler Sanayi Ve Ticaret Anonim Sirketi | ₺110.70 | 5.0% +₺105.3m | n/a | n/a | |
| EGEPO Nasmed Özel Saglik Hizmetleri Ticaret Anonim Sirketi | ₺16.00 | 1.4% +₺27.5m | 128.6% | PE599.5x | |
| AVHOL Avrupa Yatirim Holding | ₺17.40 | 2.5% +₺15.6m | 221.0% | PE99.9x |