Turkish (BIST) Machinery Industry Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies18
- 7D-1.6%
- 3M26.9%
- 1Y177.8%
- YTD37.3%
Over the last 7 days, the Machinery industry has dropped 1.6%, driven by pullbacks in Türk Traktör ve Ziraat Makineleri and Tümosan Motor ve Traktör Sanayi of 2.5% and 11%, respectively. Over the past 12 months, the industry was up 167%. Looking forward, earnings are forecast to grow by 28% 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 |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | ₺283.3b | ₺126.8b | ₺14.6b | 32.4x | 19.4x | 2.2x |
| Mon, 25 Mar 2024 | ₺275.4b | ₺123.7b | ₺15.6b | 29.2x | 17.7x | 2.2x |
| Wed, 21 Feb 2024 | ₺262.2b | ₺93.0b | ₺13.4b | 31x | 19.5x | 2.8x |
| Fri, 19 Jan 2024 | ₺210.8b | ₺93.0b | ₺13.4b | 24.6x | 15.7x | 2.3x |
| Sun, 17 Dec 2023 | ₺218.5b | ₺93.0b | ₺13.4b | 24.1x | 16.3x | 2.4x |
| Tue, 14 Nov 2023 | ₺215.7b | ₺91.6b | ₺13.0b | 25.5x | 16.6x | 2.4x |
| Thu, 12 Oct 2023 | ₺238.3b | ₺75.6b | ₺10.1b | 24.9x | 23.5x | 3.2x |
| Sat, 09 Sep 2023 | ₺218.2b | ₺74.2b | ₺9.8b | 18.9x | 22.4x | 2.9x |
| Mon, 07 Aug 2023 | ₺183.4b | ₺71.6b | ₺9.4b | 21x | 19.5x | 2.6x |
| Wed, 05 Jul 2023 | ₺122.5b | ₺64.1b | ₺7.8b | 15.6x | 15.7x | 1.9x |
| Fri, 02 Jun 2023 | ₺107.9b | ₺63.1b | ₺7.6b | 11.9x | 14.3x | 1.7x |
| Sun, 30 Apr 2023 | ₺94.8b | ₺60.0b | ₺7.5b | 10.9x | 12.6x | 1.6x |
| Tue, 28 Mar 2023 | ₺104.1b | ₺52.1b | ₺7.2b | 10.9x | 14.4x | 2x |
| Thu, 23 Feb 2023 | ₺105.1b | ₺48.9b | ₺6.6b | 19.3x | 15.9x | 2.1x |
| Sat, 21 Jan 2023 | ₺112.7b | ₺42.6b | ₺5.6b | 21.7x | 20.2x | 2.6x |
| Mon, 19 Dec 2022 | ₺121.6b | ₺42.6b | ₺5.6b | 23.9x | 21.7x | 2.9x |
| Wed, 16 Nov 2022 | ₺100.6b | ₺41.6b | ₺5.4b | 26.2x | 18.5x | 2.4x |
| Fri, 14 Oct 2022 | ₺75.5b | ₺35.5b | ₺4.6b | 24.1x | 16.6x | 2.1x |
| Sun, 11 Sep 2022 | ₺79.7b | ₺35.5b | ₺4.6b | 28.5x | 17.5x | 2.2x |
| Tue, 09 Aug 2022 | ₺70.5b | ₺32.5b | ₺4.0b | 21.9x | 17.6x | 2.2x |
| Thu, 07 Jul 2022 | ₺51.4b | ₺29.2b | ₺3.7b | 19.7x | 13.8x | 1.8x |
| Sat, 04 Jun 2022 | ₺51.7b | ₺29.2b | ₺3.7b | 22x | 13.9x | 1.8x |
| Mon, 02 May 2022 | ₺46.5b | ₺28.4b | ₺3.7b | 23.2x | 12.7x | 1.6x |
| Wed, 30 Mar 2022 | ₺42.7b | ₺25.5b | ₺3.2b | 25.7x | 13.5x | 1.7x |
| Fri, 25 Feb 2022 | ₺36.0b | ₺24.6b | ₺3.1b | 17.4x | 11.6x | 1.5x |
| Sun, 23 Jan 2022 | ₺38.2b | ₺22.1b | ₺2.7b | 22.1x | 14.3x | 1.7x |
| Tue, 21 Dec 2021 | ₺37.6b | ₺22.1b | ₺2.7b | 22.4x | 14.1x | 1.7x |
| Thu, 18 Nov 2021 | ₺33.6b | ₺22.2b | ₺2.7b | 21.2x | 12.5x | 1.5x |
| Sat, 16 Oct 2021 | ₺31.2b | ₺20.5b | ₺2.7b | 19.8x | 11.7x | 1.5x |
| Mon, 13 Sep 2021 | ₺32.1b | ₺20.5b | ₺2.7b | 20.1x | 12.1x | 1.6x |
| Wed, 11 Aug 2021 | ₺33.1b | ₺20.5b | ₺2.7b | 21.6x | 12.5x | 1.6x |
| Sun, 06 Jun 2021 | ₺34.9b | ₺17.2b | ₺2.2b | 31.3x | 15.8x | 2x |
Price to Earnings Ratio
17.4x
Current Industry PE
- Investors are relatively neutral on the Turkish Machinery industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 20.4x.
- The 3-year average PS ratio of 2.7x is higher than the industry's current PS ratio of 2.2x.
Past Earnings Growth
- The earnings for companies in the Machinery industry have grown 88% per year over the last three years.
- Revenues for these companies have grown 94% 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 | 3.05% | |
| Industrials | 2.35% | |
| Machinery | -1.60% | |
| Industrial Machinery | 2.83% | |
| Agricultural Machinery | -1.09% | |
| Construction Machinery and Vehicles | -2.73% | |
Industry PE
- Investors are most optimistic about the Construction Machinery and Vehicles industry, which is trading close to its 3-year average PE ratio of 28.4x.
- Analysts are expecting annual earnings growth of 52.8%, which is lower than the prior year's growth of 58.9% per year.
Forecasted Growth
- Analysts are most optimistic on the Construction Machinery and Vehicles industry, expecting annual earnings growth of 53% over the next 5 years.
- This is roughly in line with its past earnings growth rate.
- In contrast, the Agricultural Machinery industry is expected to see its earnings grow by 11% 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 | |
|---|---|---|---|---|---|
| IMASM Imas Makina Sanayi | ₺20.64 | 17.9% +₺723.8m | -24.6% | PE336.3x | |
| HATSN Hat-San Gemi Insaa Bakim Onarim Deniz Nakliyat Sanayi ve Ticaret Anonim Sirketi | ₺67.05 | 3.2% +₺465.2m | n/a | PE60.1x | |
| HKTM Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret | ₺23.62 | 16.9% +₺359.1m | 68.6% | PE26079.1x | |
| BURCE Burçelik Bursa Çelik Döküm Sanayii | ₺292.00 | 12.3% +₺269.6m | 242.7% | PE76.1x | |
| KATMR Katmerciler Arac Üstü Ekipman Sanayi ve Ticaret | ₺2.35 | 3.5% +₺86.1m | 109.8% | PE21.6x |