Turkish (BIST) Metals and Mining Industry Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies19
- 7D2.3%
- 3M4.8%
- 1Y59.3%
- YTD8.1%
The Metals and Mining industry is up 2.3% in the last week, with Eregli Demir ve Çelik Fabrikalari T.A.S up 3.8%. Meanwhile, Erciyas Çelik Boru Sanayi actually underperformed within the industry, shrinking 8.6% in the last week. This takes the industry's 12 month performance to a gain of 59%. Earnings are forecast to grow by 44% annually.
Industry Valuation and Performance
Has the Turkish Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | ₺566.3b | ₺395.5b | ₺24.2b | 25.6x | 23.4x | 1.4x |
| Mon, 25 Mar 2024 | ₺565.6b | ₺392.0b | ₺24.4b | 23.2x | 23.2x | 1.4x |
| Wed, 21 Feb 2024 | ₺619.7b | ₺332.5b | ₺14.1b | 18.2x | 44x | 1.9x |
| Fri, 19 Jan 2024 | ₺518.1b | ₺332.5b | ₺14.1b | 13.4x | 36.8x | 1.6x |
| Sun, 17 Dec 2023 | ₺524.8b | ₺332.5b | ₺14.1b | 13.1x | 37.3x | 1.6x |
| Tue, 14 Nov 2023 | ₺526.7b | ₺332.2b | ₺13.9b | 12.7x | 37.9x | 1.6x |
| Thu, 12 Oct 2023 | ₺625.2b | ₺314.1b | ₺15.0b | 17.6x | 41.6x | 2x |
| Sat, 09 Sep 2023 | ₺627.4b | ₺314.2b | ₺15.0b | 19.3x | 41.9x | 2x |
| Mon, 07 Aug 2023 | ₺508.6b | ₺308.1b | ₺30.7b | 12.7x | 16.6x | 1.7x |
| Wed, 05 Jul 2023 | ₺460.0b | ₺308.1b | ₺30.7b | 11.8x | 15x | 1.5x |
| Fri, 02 Jun 2023 | ₺399.8b | ₺307.2b | ₺30.3b | 10.2x | 13.2x | 1.3x |
| Sun, 30 Apr 2023 | ₺354.2b | ₺303.1b | ₺38.0b | 7.9x | 9.3x | 1.2x |
| Tue, 28 Mar 2023 | ₺399.8b | ₺303.0b | ₺38.1b | 9.1x | 10.5x | 1.3x |
| Thu, 23 Feb 2023 | ₺465.9b | ₺289.8b | ₺39.7b | 11.5x | 11.7x | 1.6x |
| Sat, 21 Jan 2023 | ₺438.2b | ₺280.1b | ₺39.0b | 9.1x | 11.2x | 1.6x |
| Mon, 19 Dec 2022 | ₺419.9b | ₺280.1b | ₺39.0b | 11.5x | 10.8x | 1.5x |
| Wed, 16 Nov 2022 | ₺340.3b | ₺279.3b | ₺39.0b | 8.8x | 8.7x | 1.2x |
| Fri, 14 Oct 2022 | ₺266.8b | ₺239.1b | ₺42.8b | 8.1x | 6.2x | 1.1x |
| Sun, 11 Sep 2022 | ₺280.0b | ₺238.5b | ₺42.8b | 8.2x | 6.5x | 1.2x |
| Tue, 09 Aug 2022 | ₺249.2b | ₺201.1b | ₺37.7b | 8.6x | 6.6x | 1.2x |
| Thu, 07 Jul 2022 | ₺235.5b | ₺194.1b | ₺37.1b | 8.2x | 6.4x | 1.2x |
| Sat, 04 Jun 2022 | ₺282.1b | ₺194.1b | ₺37.1b | 8.5x | 7.6x | 1.5x |
| Mon, 02 May 2022 | ₺271.8b | ₺189.8b | ₺36.4b | 9.6x | 7.5x | 1.4x |
| Wed, 30 Mar 2022 | ₺256.1b | ₺153.8b | ₺30.6b | 8x | 8.4x | 1.7x |
| Fri, 25 Feb 2022 | ₺219.1b | ₺146.8b | ₺29.4b | 10.2x | 7.5x | 1.5x |
| Sun, 23 Jan 2022 | ₺229.7b | ₺123.7b | ₺27.2b | 11.9x | 8.4x | 1.9x |
| Tue, 21 Dec 2021 | ₺240.9b | ₺123.7b | ₺27.2b | 12x | 8.9x | 1.9x |
| Thu, 18 Nov 2021 | ₺165.8b | ₺123.7b | ₺27.2b | 11.3x | 6.1x | 1.3x |
| Sat, 16 Oct 2021 | ₺138.9b | ₺102.5b | ₺19.0b | 9.4x | 7.3x | 1.4x |
| Mon, 13 Sep 2021 | ₺144.1b | ₺102.5b | ₺19.0b | 9.9x | 7.6x | 1.4x |
| Wed, 11 Aug 2021 | ₺148.1b | ₺102.5b | ₺19.0b | 10.1x | 7.8x | 1.4x |
| Sun, 06 Jun 2021 | ₺150.6b | ₺84.0b | ₺12.7b | 12x | 11.8x | 1.8x |
Price to Earnings Ratio
11.6x
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 23.4x which is higher than its 3-year average PE of 17.9x.
- The 3-year average PS ratio of 1.8x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have grown 24% per year over the last three years.
- Revenues for these companies have grown 68% 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 industry?
| TR Market | 3.05% | |
| Materials | 1.68% | |
| Metals and Mining | 2.26% | |
| Diversified Metals and Mining | 6.27% | |
| Steel | 2.41% | |
| Copper | 0% | |
| Aluminum | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Gold | -0.59% | |
Industry PE
- Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 24.2x.
- Analysts are expecting annual earnings growth of 56.0%, which is higher than its past year's earnings decline of 31.6% per year.
- Investors are most pessimistic about the Gold industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 11.7x.
Forecasted Growth
- Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 56% over the next 5 years.
- This is better than its past earnings decline of 32% per year.
- In contrast, the Diversified Metals and Mining industry is expected to see its earnings grow by 7.1% 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 | |
|---|---|---|---|---|---|
| EREGL Eregli Demir ve Çelik Fabrikalari T.A.S | ₺42.80 | 3.8% +₺5.5b | 29.1% | PE37.1x | |
| ISDMR Iskenderun Demir ve Çelik | ₺36.02 | 4.1% +₺4.1b | 20.5% | PE22.7x | |
| KRDMD Kardemir Karabük Demir Çelik Sanayi Ve Ticaret | ₺25.90 | 6.1% +₺1.7b | 72.9% | PE28.6x | |
| CVKMD CVK Maden Isletmeleri Sanayi ve Ticaret Anonim Sirketi | ₺468.75 | 7.5% +₺1.4b | 153.0% | PE41.2x | |
| KOZAA Koza Anadolu Metal Madencilik Isletmeleri | ₺51.85 | 5.1% +₺974.1m | 46.5% | PE8.6x |