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Turkish (BIST) Machinery Industry Analysis

UpdatedFeb 04, 2026
DataAggregated Company Financials
Companies20
  • 7D3.7%
  • 3M-5.1%
  • 1Y6.5%
  • YTD4.1%

Over the last 7 days, the Machinery industry has risen 3.7%, driven by gains in Türk Traktör ve Ziraat Makineleri and Otokar Otomotiv ve Savunma Sanayi of 4.7% and 5.1%, respectively. During this same period, the Safkar Ege Sogutmacilik Klima Soguk Hava Tesisleri Ihracat Ithalat Sanayi ve Ticaret Anonim Sirketi underperformed, falling 8.3%. In the last 12 months, the industry was up 6.5%. As for the next few years, earnings are expected to grow by 70% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 04 Feb 2026₺243.6b₺133.1b₺8.2b30.2x29.6x1.8x
Fri, 02 Jan 2026₺229.5b₺133.1b₺8.2b19.3x27.9x1.7x
Sun, 30 Nov 2025₺220.1b₺133.8b₺8.1b25.9x27.2x1.6x
Tue, 28 Oct 2025₺235.6b₺144.8b₺7.9b19.7x29.7x1.6x
Thu, 25 Sep 2025₺259.5b₺144.4b₺8.0b17.5x32.3x1.8x
Sat, 23 Aug 2025₺251.2b₺145.5b₺8.0b28.9x31.6x1.7x
Mon, 21 Jul 2025₺216.5b₺151.4b₺8.8b23.2x24.6x1.4x
Wed, 18 Jun 2025₺192.9b₺151.4b₺8.8b21.4x21.9x1.3x
Fri, 16 May 2025₺202.8b₺153.6b₺2.5b22.4x80.5x1.3x
Sun, 13 Apr 2025₺214.9b₺164.6b₺5.3b18.3x40.7x1.3x
Tue, 11 Mar 2025₺229.3b₺160.6b₺5.4b15.3x42.5x1.4x
Thu, 06 Feb 2025₺210.2b₺121.9b₺5.9b15.6x35.4x1.7x
Sat, 04 Jan 2025₺230.5b₺121.9b₺5.9b17.1x38.8x1.9x
Mon, 02 Dec 2024₺234.0b₺130.3b₺7.8b17.6x30.1x1.8x
Wed, 30 Oct 2024₺218.3b₺127.8b₺9.6b20.5x22.7x1.7x
Fri, 27 Sep 2024₺229.8b₺134.7b₺11.8b26.1x19.5x1.7x
Sun, 25 Aug 2024₺218.5b₺136.0b₺12.1b20.7x18.1x1.6x
Tue, 23 Jul 2024₺267.6b₺139.1b₺15.8b24x16.9x1.9x
Thu, 20 Jun 2024₺283.5b₺139.6b₺15.4b26.4x18.4x2x
Sat, 18 May 2024₺298.9b₺793.2b₺68.3b30.5x4.4x0.4x
Mon, 15 Apr 2024₺282.4b₺126.0b₺14.6b34.4x19.3x2.2x
Wed, 13 Mar 2024₺271.3b₺119.0b₺15.1b30x17.9x2.3x
Fri, 09 Feb 2024₺247.4b₺93.0b₺13.4b26.7x18.4x2.7x
Sun, 07 Jan 2024₺206.2b₺93.0b₺13.4b22.5x15.3x2.2x
Tue, 05 Dec 2023₺219.5b₺93.0b₺13.4b26.3x16.3x2.4x
Thu, 02 Nov 2023₺206.5b₺90.2b₺13.1b24x15.7x2.3x
Sat, 30 Sep 2023₺222.7b₺75.6b₺10.1b23.1x22x2.9x
Mon, 28 Aug 2023₺191.8b₺74.3b₺9.8b16.9x19.6x2.6x
Wed, 26 Jul 2023₺155.1b₺64.2b₺7.8b18x19.9x2.4x
Fri, 23 Jun 2023₺182.0b₺64.1b₺7.8b14.7x23.4x2.8x
Sun, 21 May 2023₺93.3b₺63.1b₺7.6b11.1x12.3x1.5x
Tue, 18 Apr 2023₺107.7b₺52.1b₺7.2b10.9x14.9x2.1x
Thu, 16 Mar 2023₺103.0b₺52.0b₺7.1b11.9x14.4x2x
Sat, 11 Feb 2023₺94.1b₺48.9b₺6.6b16.5x14.3x1.9x
Price to Earnings Ratio

14.3x


Total Market Cap: ₺94.1bTotal Earnings: ₺6.6bTotal Revenue: ₺48.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Machinery Industry Price to Earnings3Y Average 33.6x202420252026
Current Industry PE
  • Investors are pessimistic on the Turkish Machinery 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 29.6x which is lower than its 3-year average PE of 33.6x.
  • The 3-year average PS ratio of 2.3x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
  • The earnings for companies in the Machinery industry have grown 7.7% 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 Industrials industry?

TR Market3.87%
Industrials6.34%
Machinery3.68%
Industrial Machinery7.91%
Agricultural Machinery4.72%
Construction Machinery and Vehicles1.79%
Industry PE
  • Investors are most optimistic about the Industrial Machinery industry which is trading above its 3-year average PE ratio of 36.7x.
    • 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 Construction Machinery and Vehicles industry, expecting annual earnings growth of 77% over the next 5 years.
  • This is better than its past earnings decline of 50% per year.
  • In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 63% 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
TTRAK Türk Traktör ve Ziraat Makineleri₺598.504.7%
+₺2.7b
-11.3%PS1.5x
OTKAR Otokar Otomotiv ve Savunma Sanayi₺435.005.1%
+₺2.5b
7.9%PS1.4x
BURVA Burçelik Vana Sanayi ve Ticaret₺696.0051.4%
+₺1.7b
586.4%PS97.4x
DOFRB Dof Robotik Sanayi Anonim Sirketi₺99.106.6%
+₺953.3m
n/aPE83.6x
BURCE Burçelik Bursa Çelik Döküm Sanayii₺65.5017.9%
+₺838.2m
288.3%PS9.5x

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