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Turkish (BIST) Machinery Industry Analysis

UpdatedApr 15, 2026
DataAggregated Company Financials
Companies20
  • 7D8.2%
  • 3M-4.6%
  • 1Y2.4%
  • YTD0.05%

Türk Traktör ve Ziraat Makineleri is up 9.5%, leading the way for the Machinery industry, which has gained 8.2%. In the same time, Meka Global Makine Imalat Sanayi ve Ticaret Anonim Sirketi was down 30%. The industry has been flat over the past 12 months despite the gain this week. Looking forward, earnings are forecast to grow by 67% annually.

Industry Valuation and Performance

Has the Turkish Machinery Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 15 Apr 2026₺234.1b₺181.7b₺2.9b23.1x80.8x1.3x
Fri, 13 Mar 2026₺219.6b₺179.2b₺6.7b15.1x32.7x1.2x
Sun, 08 Feb 2026₺246.3b₺133.1b₺8.2b28.9x29.9x1.9x
Tue, 06 Jan 2026₺235.7b₺133.1b₺8.2b19.4x28.6x1.8x
Thu, 04 Dec 2025₺228.9b₺133.1b₺8.2b26.2x27.8x1.7x
Sat, 01 Nov 2025₺238.4b₺144.3b₺7.4b18.9x32.4x1.7x
Mon, 29 Sep 2025₺254.4b₺144.4b₺8.0b17.2x31.7x1.8x
Wed, 27 Aug 2025₺251.9b₺146.1b₺7.8b24x32.4x1.7x
Fri, 25 Jul 2025₺228.6b₺151.4b₺8.8b24.5x26x1.5x
Sun, 22 Jun 2025₺188.5b₺151.4b₺8.8b21.9x21.4x1.2x
Tue, 20 May 2025₺207.0b₺153.6b₺2.5b24.3x82.2x1.3x
Thu, 17 Apr 2025₺204.5b₺164.6b₺5.3b17.7x38.7x1.2x
Sat, 15 Mar 2025₺243.0b₺164.6b₺5.3b19.2x46x1.5x
Mon, 10 Feb 2025₺211.6b₺130.1b₺3.1b15.9x67.5x1.6x
Wed, 08 Jan 2025₺230.7b₺121.9b₺5.9b17x38.8x1.9x
Fri, 06 Dec 2024₺236.2b₺121.9b₺5.9b17.8x39.8x1.9x
Sun, 03 Nov 2024₺219.3b₺123.7b₺8.7b17.6x25.2x1.8x
Tue, 01 Oct 2024₺227.8b₺134.4b₺12.0b28.6x19x1.7x
Thu, 29 Aug 2024₺216.5b₺136.0b₺12.1b20.6x17.9x1.6x
Sat, 27 Jul 2024₺263.8b₺139.1b₺15.8b23.4x16.6x1.9x
Mon, 24 Jun 2024₺288.3b₺139.0b₺15.7b24.9x18.4x2.1x
Wed, 22 May 2024₺299.2b₺796.9b₺67.9b22.1x4.4x0.4x
Fri, 19 Apr 2024₺288.1b₺126.0b₺14.6b33.2x19.7x2.3x
Sun, 17 Mar 2024₺270.7b₺123.7b₺15.6b28.9x17.4x2.2x
Tue, 13 Feb 2024₺258.2b₺93.0b₺13.4b31.7x19.2x2.8x
Thu, 11 Jan 2024₺205.8b₺93.0b₺13.4b23.5x15.3x2.2x
Sat, 09 Dec 2023₺221.2b₺93.0b₺13.4b24.9x16.5x2.4x
Mon, 06 Nov 2023₺210.8b₺90.7b₺13.0b24.3x16.2x2.3x
Wed, 04 Oct 2023₺224.9b₺75.6b₺10.1b24.6x22.2x3x
Fri, 01 Sep 2023₺206.0b₺74.3b₺9.8b17.8x21.1x2.8x
Sun, 30 Jul 2023₺165.7b₺71.6b₺9.4b18.3x17.6x2.3x
Tue, 27 Jun 2023₺113.6b₺64.1b₺7.8b14.2x14.6x1.8x
Thu, 25 May 2023₺92.1b₺63.1b₺7.6b10.8x12.2x1.5x
Sat, 22 Apr 2023₺103.3b₺53.2b₺7.3b11.7x14.1x1.9x
Price to Earnings Ratio

14.1x


Total Market Cap: ₺103.3bTotal Earnings: ₺7.3bTotal Revenue: ₺53.2bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Machinery Industry Price to Earnings3Y Average 32.8x202420252026
Current Industry PE
  • Investors are optimistic on the Turkish Machinery industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 80.8x which is higher than its 3-year average PE of 32.8x.
  • The 3-year average PS ratio of 1.9x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have declined 27% per year over the last three years.
  • Meanwhile revenues for these companies have grown 51% per year.
  • This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.

Industry Trends

Which industries have driven the changes within the Turkish Industrials industry?

TR Market3.72%
Industrials12.52%
Machinery8.24%
Agricultural Machinery9.50%
Industrial Machinery8.73%
Construction Machinery and Vehicles7.63%
Industry PE
  • Investors are most optimistic about the Agricultural Machinery industry which is trading above its 3-year average PE ratio.
    • Analysts are expecting annual earnings growth of 61.8%, which is higher than its past year's earnings decline of 93.9% per year.
Forecasted Growth
  • Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 73% over the next 5 years.
  • This is better than its past earnings growth rate of 34% per year.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 62% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
OZATD Özata Denizcilik Sanayi ve Ticaret Anonim Sirketi₺280.0025.8%
+₺4.1b
117.4%PS8.1x
TTRAK Türk Traktör ve Ziraat Makineleri₺490.257.3%
+₺3.3b
-23.0%PE107.9x
ASUZU Anadolu Isuzu Otomotiv Sanayi ve Ticaret₺70.359.9%
+₺1.6b
23.9%PE19.6x
OTKAR Otokar Otomotiv ve Savunma Sanayi₺397.502.3%
+₺1.1b
0.6%PS0.9x
BURVA Burçelik Vana Sanayi ve Ticaret₺925.5013.2%
+₺793.5m
773.9%PS48.3x

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