Turkish (BIST) Industrials Sector Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies95
- 7D2.0%
- 3M15.1%
- 1Y112.8%
- YTD26.5%
Over the last 7 days, the Industrials industry has risen 1.3%, driven by gains from Türk Hava Yollari Anonim Ortakligi of 5.7%. In the same time, Alarko Holding was down 13%. This means that the industry has gained 112% over the past year. As for the next few years, earnings are expected to grow by 18% per annum.
Sector Valuation and Performance
Has the Turkish Industrials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Apr 2024 | ₺3.1t | ₺3.3t | ₺383.8b | 20.6x | 8x | 0.9x |
| Sun, 24 Mar 2024 | ₺2.9t | ₺3.1t | ₺307.4b | 18.2x | 9.5x | 0.9x |
| Tue, 20 Feb 2024 | ₺3.0t | ₺2.6t | ₺326.5b | 18.7x | 9x | 1.2x |
| Thu, 18 Jan 2024 | ₺2.5t | ₺2.6t | ₺325.2b | 15.2x | 7.8x | 1x |
| Sat, 16 Dec 2023 | ₺2.5t | ₺2.6t | ₺325.0b | 14.5x | 7.8x | 1x |
| Mon, 13 Nov 2023 | ₺2.5t | ₺2.5t | ₺323.3b | 16.1x | 7.8x | 1x |
| Wed, 11 Oct 2023 | ₺2.6t | ₺2.2t | ₺260.7b | 17.8x | 9.8x | 1.1x |
| Fri, 08 Sep 2023 | ₺2.5t | ₺2.2t | ₺260.2b | 17.1x | 9.6x | 1.1x |
| Sun, 06 Aug 2023 | ₺2.3t | ₺2.1t | ₺239.2b | 17.5x | 9.5x | 1.1x |
| Tue, 04 Jul 2023 | ₺1.7t | ₺2.1t | ₺231.1b | 13.5x | 7.5x | 0.8x |
| Thu, 01 Jun 2023 | ₺1.4t | ₺2.0t | ₺227.9b | 11x | 6x | 0.7x |
| Sat, 29 Apr 2023 | ₺1.3t | ₺1.9t | ₺210.1b | 10.5x | 6.1x | 0.7x |
| Mon, 27 Mar 2023 | ₺1.4t | ₺1.8t | ₺209.1b | 10.9x | 6.6x | 0.7x |
| Wed, 22 Feb 2023 | ₺1.3t | ₺1.7t | ₺173.1b | 14x | 7.7x | 0.8x |
| Fri, 20 Jan 2023 | ₺1.4t | ₺1.6t | ₺149.5b | 16.5x | 9.6x | 0.9x |
| Sun, 18 Dec 2022 | ₺1.3t | ₺1.6t | ₺149.5b | 17.4x | 9x | 0.9x |
| Tue, 15 Nov 2022 | ₺1.1t | ₺1.5t | ₺149.0b | 15.4x | 7.5x | 0.7x |
| Thu, 13 Oct 2022 | ₺852.4b | ₺1.2t | ₺92.8b | 11.6x | 9.2x | 0.7x |
| Sat, 10 Sep 2022 | ₺803.5b | ₺1.2t | ₺92.8b | 11.6x | 8.7x | 0.7x |
| Mon, 08 Aug 2022 | ₺696.9b | ₺918.6b | ₺69.9b | 14.6x | 10x | 0.8x |
| Wed, 06 Jul 2022 | ₺590.1b | ₺893.8b | ₺64.4b | 12.2x | 9.2x | 0.7x |
| Fri, 03 Jun 2022 | ₺580.8b | ₺893.7b | ₺64.4b | 11.4x | 9x | 0.6x |
| Sun, 01 May 2022 | ₺543.6b | ₺720.3b | ₺56.0b | 11.6x | 9.7x | 0.8x |
| Tue, 29 Mar 2022 | ₺482.5b | ₺714.1b | ₺56.1b | 10.8x | 8.6x | 0.7x |
| Thu, 24 Feb 2022 | ₺446.8b | ₺670.4b | ₺52.8b | 11.4x | 8.5x | 0.7x |
| Sat, 22 Jan 2022 | ₺445.2b | ₺593.9b | ₺43.8b | 11x | 10.2x | 0.7x |
| Mon, 20 Dec 2021 | ₺475.5b | ₺599.9b | ₺45.7b | 12x | 10.4x | 0.8x |
| Wed, 17 Nov 2021 | ₺379.7b | ₺601.2b | ₺42.2b | 11.2x | 9x | 0.6x |
| Fri, 15 Oct 2021 | ₺313.0b | ₺513.4b | ₺32.0b | 11.5x | 9.8x | 0.6x |
| Sun, 12 Sep 2021 | ₺311.7b | ₺509.7b | ₺31.7b | 11.7x | 9.8x | 0.6x |
| Tue, 10 Aug 2021 | ₺303.7b | ₺508.7b | ₺31.4b | 12x | 9.7x | 0.6x |
| Mon, 03 May 2021 | ₺295.9b | ₺433.1b | ₺23.7b | 19.5x | 12.5x | 0.7x |
Price to Earnings Ratio
12.5x
Current Industry PE
- Investors are pessimistic on the Turkish Industrials 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 8.0x which is lower than its 3-year average PE of 9.7x.
- The industry is trading close to its 3-year average PS ratio of 0.86x.
Past Earnings Growth
- The earnings for companies in the Industrials industry have grown 153% per year over the last three years.
- Revenues for these companies have grown 97% 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 Industrials sector?
| TR Market | 3.75% | |
| Industrials | 2.01% | |
| Construction | 6.68% | |
| Airlines | 6.55% | |
| Marine and Shipping | 3.77% | |
| Infrastructure | 3.03% | |
| Professional Services | 1.70% | |
| Transportation | 1.63% | |
| Electrical | 1.16% | |
| Industrials | 0.41% | |
| Trade Distributors | 0.30% | |
| Logistics | 0.14% | |
| Aerospace & Defense | -0.19% | |
| Building | -0.21% | |
| Commercial Services | -1.10% | |
| Machinery | -1.55% | |
Industry PE
- Investors are most optimistic about the Trade Distributors industry which is trading above its 3-year average PE ratio of 31.1x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Airlines industry, which is trading below its 3-year average of 5.7x.
Forecasted Growth
- Analysts are most optimistic on the Aerospace & Defense industry, expecting annual earnings growth of 60% over the next 5 years.
- However this is lower than its past earnings growth rate of 295% per year.
- In contrast, the Airlines industry is expected to see its earnings decline by 17% 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 | |
|---|---|---|---|---|---|
| THYAO Türk Hava Yollari Anonim Ortakligi | ₺313.25 | 5.7% +₺23.5b | 139.5% | PE2.7x | |
| ENKAI Enka Insaat ve Sanayi | ₺37.04 | 7.2% +₺14.7b | 28.1% | PE12.8x | |
| PGSUS Pegasus Hava Tasimaciligi Anonim Sirketi | ₺963.50 | 10.2% +₺9.2b | 113.2% | PE4.7x | |
| SISE Türkiye Sise Ve Cam Fabrikalari | ₺48.70 | 4.4% +₺6.2b | 26.2% | PE8.7x | |
| KLRHO Kiler Holding Anonim Sirketi | ₺44.60 | 6.0% +₺4.1b | 335.5% | PE17.7x |