Turkish (BIST) Machinery Industry Analysis
UpdatedNov 29, 2023
DataAggregated Company Financials
Companies18
- 7D0.1%
- 3M4.0%
- 1Y74.0%
- YTD61.9%
Over the last 7 days, the Machinery industry has remained flat, although notably Jantsa Jant Sanayi ve Ticaret gained 17%. As for the the longer term, the industry is up 74% over the past 12 months. Looking forward, earnings are forecast to grow by 39% annually.
Industry Valuation and Performance
Has the Turkish Machinery Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 29 Nov 2023 | ₺222.2b | ₺93.0b | ₺13.4b | 27.1x | 16.5x | 2.4x |
| Fri, 27 Oct 2023 | ₺220.1b | ₺87.0b | ₺12.9b | 21.9x | 17.1x | 2.5x |
| Sun, 24 Sep 2023 | ₺217.5b | ₺75.4b | ₺10.1b | 20.1x | 21.6x | 2.9x |
| Tue, 22 Aug 2023 | ₺189.4b | ₺74.2b | ₺9.7b | 18.9x | 19.5x | 2.6x |
| Thu, 20 Jul 2023 | ₺145.4b | ₺64.2b | ₺7.8b | 17.6x | 18.7x | 2.3x |
| Sat, 17 Jun 2023 | ₺105.9b | ₺63.1b | ₺7.6b | 12.3x | 14x | 1.7x |
| Mon, 15 May 2023 | ₺516.3b | ₺62.9b | ₺7.6b | 11.2x | 68.2x | 8.2x |
| Wed, 12 Apr 2023 | ₺108.8b | ₺52.1b | ₺7.2b | 11.3x | 15x | 2.1x |
| Fri, 10 Mar 2023 | ₺112.7b | ₺50.7b | ₺6.9b | 19x | 16.3x | 2.2x |
| Sun, 05 Feb 2023 | ₺108.8b | ₺45.3b | ₺5.7b | 20.6x | 19.1x | 2.4x |
| Tue, 03 Jan 2023 | ₺127.4b | ₺42.6b | ₺5.6b | 25.2x | 22.8x | 3x |
| Thu, 01 Dec 2022 | ₺114.1b | ₺42.6b | ₺5.6b | 23x | 20.4x | 2.7x |
| Sat, 29 Oct 2022 | ₺82.0b | ₺40.6b | ₺5.2b | 25.1x | 15.7x | 2x |
| Mon, 26 Sep 2022 | ₺73.0b | ₺35.5b | ₺4.6b | 28.9x | 16x | 2.1x |
| Wed, 24 Aug 2022 | ₺72.6b | ₺35.5b | ₺4.6b | 23.6x | 15.9x | 2x |
| Fri, 22 Jul 2022 | ₺59.8b | ₺29.2b | ₺3.7b | 20.9x | 16x | 2.1x |
| Sun, 19 Jun 2022 | ₺49.8b | ₺29.2b | ₺3.7b | 20.4x | 13.4x | 1.7x |
| Tue, 17 May 2022 | ₺47.1b | ₺29.1b | ₺3.7b | 21.1x | 12.6x | 1.6x |
| Thu, 14 Apr 2022 | ₺45.5b | ₺25.5b | ₺3.2b | 29.1x | 14.4x | 1.8x |
| Sat, 12 Mar 2022 | ₺38.3b | ₺25.0b | ₺3.3b | 14.9x | 11.8x | 1.5x |
| Mon, 07 Feb 2022 | ₺37.8b | ₺22.8b | ₺2.9b | 22x | 13x | 1.7x |
| Wed, 05 Jan 2022 | ₺39.0b | ₺22.1b | ₺2.7b | 23.2x | 14.6x | 1.8x |
| Fri, 03 Dec 2021 | ₺38.9b | ₺22.2b | ₺2.7b | 24.6x | 14.5x | 1.8x |
| Sun, 31 Oct 2021 | ₺32.5b | ₺21.9b | ₺2.6b | 18.7x | 12.3x | 1.5x |
| Tue, 28 Sep 2021 | ₺29.7b | ₺20.5b | ₺2.7b | 19.8x | 11.2x | 1.5x |
| Thu, 26 Aug 2021 | ₺32.3b | ₺20.5b | ₺2.7b | 20.6x | 12.2x | 1.6x |
| Fri, 02 Jul 2021 | ₺31.7b | ₺20.5b | ₺2.7b | 19.4x | 11.9x | 1.5x |
| Mon, 05 Apr 2021 | ₺39.7b | ₺17.2b | ₺2.2b | 36x | 17.9x | 2.3x |
| Thu, 07 Jan 2021 | ₺30.9b | ₺14.5b | ₺1.7b | 33.3x | 18x | 2.1x |
Price to Earnings Ratio
24x
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 16.5x which is lower than its 3-year average PE of 20.8x.
- The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have grown 142% 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 industry?
| TR Market | -0.78% | |
| Industrials | -0.79% | |
| Machinery | 0.099% | |
| Industrial Machinery | 4.70% | |
| Construction Machinery and Vehicles | 1.63% | |
| Agricultural Machinery | -3.98% | |
Industry PE
- Investors are most optimistic about the Industrial Machinery industry even though it's trading below its 3-year average PE ratio of 34.8x.
- It looks like they are confident that earnings will grow faster in the future than they have historically.
- Investors are most pessimistic about the Agricultural Machinery industry, which is trading below its 3-year average of 11.4x.
Forecasted Growth
- Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 62% over the next 5 years.
- This is better than its past earnings growth rate of 26% per year.
- In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 22% 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 | |
|---|---|---|---|---|---|
| JANTS Jantsa Jant Sanayi ve Ticaret | ₺159.20 | 17.5% +₺2.1b | 10.1% | PE17.8x | |
| MEKAG Meka Beton Santralleri Imalat Sanayi ve Ticaret | ₺89.00 | 25.0% +₺1.1b | n/a | PE59.9x | |
| ALCAR Alarko Carrier Sanayi ve Ticaret | ₺1.11k | 5.4% +₺615.6m | 81.4% | PE32.9x | |
| IMASM Imas Makina Sanayi | ₺16.91 | 6.4% +₺233.6m | -45.2% | PE17.5x | |
| TUCLK Tugçelik Alüminyum Ve Metal Mamulleri Sanayi Ve Ticaret | ₺87.45 | 7.2% +₺175.5m | 125.9% | PE53.1x |