Turkish (BIST) Materials Sector Analysis
- 7D5.5%
- 3M33.1%
- 1Y52.0%
- YTD32.3%
Over the last 7 days, the Materials industry has risen 2.6%, driven by gains from Sasa Polyester Sanayi of 16%. This takes the industry's 12 month performance to a gain of 47%.
Sector Valuation and Performance
Has the Turkish Materials Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Thu, 02 Dec 2021 | ₺382.5b | ₺206.0b | ₺38.4b | 15.5x |
| Sat, 30 Oct 2021 | ₺303.9b | ₺190.8b | ₺34.5b | 14.8x |
| Mon, 27 Sep 2021 | ₺265.1b | ₺173.8b | ₺27.4b | 14.2x |
| Wed, 25 Aug 2021 | ₺282.2b | ₺173.8b | ₺27.4b | 15.7x |
| Thu, 01 Jul 2021 | ₺272.5b | ₺173.8b | ₺27.4b | 15.3x |
| Sun, 04 Apr 2021 | ₺289.9b | ₺142.8b | ₺18.5b | 18.3x |
| Wed, 06 Jan 2021 | ₺258.6b | ₺126.0b | ₺12.0b | 23.1x |
| Sat, 10 Oct 2020 | ₺171.4b | ₺108.4b | ₺7.5b | 19.7x |
| Fri, 03 Jul 2020 | ₺146.4b | ₺102.9b | ₺7.7b | 16x |
| Mon, 06 Apr 2020 | ₺101.1b | ₺104.6b | ₺9.2b | 10.9x |
| Thu, 09 Jan 2020 | ₺118.1b | ₺104.3b | ₺10.7b | 11.3x |
| Wed, 02 Oct 2019 | ₺93.9b | ₺108.9b | ₺13.5b | 6.3x |
| Sat, 06 Jul 2019 | ₺93.9b | ₺110.9b | ₺13.7b | 6.3x |
| Tue, 09 Apr 2019 | ₺95.9b | ₺101.8b | ₺14.9b | 6x |
| Mon, 31 Dec 2018 | ₺87.9b | ₺100.3b | ₺14.8b | 6.4x |
6.8x
Current Industry PE: Investors are relatively neutral on the industry at the moment, considering it's trading close to its 3-year average PE ratio of 13.3x. However, future earnings are expected to decline by 4.3% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: The earnings for companies in the Materials industry have grown 40% per year over the last three years, and revenues for these companies have grown 32% 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 Materials sector?
| Chemicals | 10.39% | |
| Metals and Mining | 3.55% | |
| Packaging | 3.04% | |
| Paper and Forestry Products | 2.90% | |
| Basic Materials | 1.70% | |
Industry PE: Investors are most optimistic about the Chemicals industry which is trading above its 3-year average PE ratio of 14.8x. However analysts are expecting annual earnings decline of 15%, which is lower than the prior year's growth of 83% per year. So the market might believe that analysts are underestimating future growth or they expect the Chemicals industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Metals and Mining industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 10.1x.
Forecasted Growth: Analysts are most optimistic on the Basic Materials industry, expecting annual earnings growth of 42% over the next 5 years. However this is lower than its past earnings growth rate of 126% per year. Meanwhile, the Chemicals industry is expected to see its earnings decline by 15% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| SASA Sasa Polyester Sanayi | 16.5%+₺7.2b | 261.6% | PE28.7x | |
| ISDMR Iskenderun Demir ve Çelik | 9.4%+₺5.2b | 145.0% | PE8.1x | |
| GUBRF Gübre Fabrikalari Türk Anonim Sirketi | 8.5%+₺2.2b | 65.8% | PE66.3x | |
| HEKTS Hektas Ticaret T.A.S | 17.8%+₺1.7b | 101.4% | PE44.4x | |
| KOZAL Koza Altin Isletmeleri | 6.9%+₺1.3b | 65.4% | PE8.9x |