Header cover image

Turkish (BIST) Metals and Mining Industry Analysis

UpdatedFeb 10, 2026
DataAggregated Company Financials
Companies23
  • 7D6.1%
  • 3M36.8%
  • 1Y54.3%
  • YTD23.1%

In the last week, the Metals and Mining industry is up 1.9%, with Eregli Demir ve Çelik Fabrikalari T.A.S up 5.4%. During this same period, the Turk Altin Isletmeleri underperformed, falling 6.6%. In the last 12 months, the industry was up 48%. Earnings are forecast to grow by 66% annually.

Industry Valuation and Performance

Has the Turkish Metals and Mining Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 10 Feb 2026₺856.8b₺594.8b₺25.0b37.8x34.2x1.4x
Thu, 08 Jan 2026₺712.7b₺594.8b₺25.0b32.9x28.5x1.2x
Sat, 06 Dec 2025₺666.1b₺594.8b₺25.0b29.5x26.6x1.1x
Mon, 03 Nov 2025₺656.0b₺585.0b₺15.8b35.5x41.6x1.1x
Wed, 01 Oct 2025₺647.2b₺571.4b₺15.2b31.1x42.5x1.1x
Fri, 29 Aug 2025₺662.7b₺573.0b₺14.0b29.9x47.3x1.2x
Sun, 27 Jul 2025₺605.6b₺573.1b₺12.5b22.7x48.5x1.1x
Tue, 24 Jun 2025₺557.9b₺573.1b₺12.5b21.8x44.7x1x
Thu, 22 May 2025₺570.2b₺579.3b₺15.4b20.4x37.1x1x
Sat, 19 Apr 2025₺550.9b₺575.8b₺20.6b23.9x26.7x1x
Mon, 17 Mar 2025₺609.4b₺573.2b₺22.4b26.2x27.1x1.1x
Wed, 12 Feb 2025₺557.3b₺516.8b₺37.2b24.6x15x1.1x
Fri, 10 Jan 2025₺573.8b₺516.7b₺37.1b24.9x15.4x1.1x
Sun, 08 Dec 2024₺588.0b₺516.7b₺37.1b22.6x15.8x1.1x
Tue, 05 Nov 2024₺528.1b₺521.3b₺37.3b29.6x14.1x1x
Thu, 03 Oct 2024₺563.5b₺508.0b₺36.9b29.6x15.3x1.1x
Sat, 31 Aug 2024₺560.1b₺512.0b₺37.2b24.9x15.1x1.1x
Mon, 29 Jul 2024₺612.6b₺486.3b₺26.5b27.1x23.1x1.3x
Wed, 26 Jun 2024₺596.6b₺486.2b₺26.4b31.5x22.6x1.2x
Fri, 24 May 2024₺597.5b₺479.0b₺29.2b27.1x20.5x1.2x
Sun, 21 Apr 2024₺553.8b₺395.5b₺24.2b24.4x22.9x1.4x
Tue, 19 Mar 2024₺560.3b₺392.0b₺24.4b23.5x23x1.4x
Thu, 15 Feb 2024₺588.7b₺332.5b₺14.1b16.8x41.8x1.8x
Sat, 13 Jan 2024₺526.1b₺332.5b₺14.1b13.6x37.4x1.6x
Mon, 11 Dec 2023₺522.8b₺332.5b₺14.1b13.3x37.2x1.6x
Wed, 08 Nov 2023₺549.3b₺330.3b₺13.9b13.3x39.4x1.7x
Fri, 06 Oct 2023₺611.2b₺314.1b₺15.0b18.1x40.7x1.9x
Sun, 03 Sep 2023₺615.7b₺314.2b₺15.0b18x41.1x2x
Tue, 01 Aug 2023₺513.9b₺308.1b₺30.7b13.1x16.8x1.7x
Thu, 29 Jun 2023₺439.4b₺309.1b₺31.0b10.7x14.2x1.4x
Sat, 27 May 2023₺359.3b₺307.2b₺30.3b9.3x11.8x1.2x
Mon, 24 Apr 2023₺385.4b₺303.0b₺38.1b8.7x10.1x1.3x
Wed, 22 Mar 2023₺389.8b₺303.0b₺38.1b8.8x10.2x1.3x
Fri, 17 Feb 2023₺348.8b₺280.1b₺39.0b8x8.9x1.2x
Price to Earnings Ratio

8.9x


Total Market Cap: ₺348.8bTotal Earnings: ₺39.0bTotal Revenue: ₺280.1bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Metals and Mining Industry Price to Earnings3Y Average 29.5x202420252026
Current Industry PE
  • Investors are optimistic on the Turkish Metals and Mining industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 32.9x which is higher than its 3-year average PE of 29.5x.
  • The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
  • The earnings for companies in the Metals and Mining industry have declined 14% per year over the last three years.
  • Meanwhile revenues for these companies have grown 29% 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 Materials industry?

TR Market1.75%
Materials4.03%
Metals and Mining6.07%
Steel8.59%
Diversified Metals and Mining4.77%
Gold-1.75%
Industry PE
  • Investors are most optimistic about the Steel industry, which is trading close to its 3-year average PE ratio of 34.2x.
    • Analysts are expecting annual earnings growth of 73.6%, which is higher than its past year's earnings decline of 40.2% per year.
  • Investors are most pessimistic about the Diversified Metals and Mining industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 5.7x.
Forecasted Growth
  • Analysts are most optimistic on the Diversified Metals and Mining industry, expecting annual earnings growth of 110% over the next 5 years.
  • This is better than its past earnings growth rate of 14% per year.
  • In contrast, the Gold industry is expected to see its earnings grow by 37% 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
EREGL Eregli Demir ve Çelik Fabrikalari T.A.S₺30.008.9%
+₺17.2b
31.2%PE41.4x
ISDMR Iskenderun Demir ve Çelik₺45.7212.3%
+₺14.5b
23.3%PE12.3x
BRSAN Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret₺726.0013.3%
+₺12.1b
85.2%PE103.4x
BMSTL Bms Birlesik Metal Sanayi ve Ticaret₺110.908.7%
+₺1.3b
248.5%PS7.2x
KRDMD Kardemir Karabük Demir Çelik Sanayi Ve Ticaret₺30.203.3%
+₺1.1b
6.3%PS0.7x

Latest News