Narrative Update • Jun 08
Have your own idea? Try our Stock Screener
- 7D-3.3%
- 3M16.6%
- 1Y66.3%
- YTD36.2%
Over the last 7 days, the Metals and Mining industry has dropped 3.3%, driven by pullbacks in Turk Altin Isletmeleri and Eregli Demir ve Çelik Fabrikalari T.A.S of 8.7% and 4.1%, respectively. Meanwhile, Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret actually outperformed within the industry, gaining 8.5% in the last week. In the past year, the industry has gained 66%. Earnings are forecast to grow by 60% 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 |
|---|---|---|---|---|---|---|
| Wed, 10 Jun 2026 | ₺979.9b | ₺708.8b | ₺15.1b | 34.8x | 64.8x | 1.4x |
| Fri, 08 May 2026 | ₺901.9b | ₺680.6b | ₺9.6b | 41.6x | 94.4x | 1.3x |
| Sun, 05 Apr 2026 | ₺775.9b | ₺674.5b | ₺9.6b | 39.6x | 80.9x | 1.2x |
| Tue, 03 Mar 2026 | ₺893.3b | ₺612.7b | ₺14.7b | 46.1x | 60.9x | 1.5x |
| Thu, 29 Jan 2026 | ₺835.7b | ₺594.8b | ₺25.0b | 38.9x | 33.4x | 1.4x |
| Sat, 27 Dec 2025 | ₺685.1b | ₺594.8b | ₺25.0b | 32.1x | 27.4x | 1.2x |
| Mon, 24 Nov 2025 | ₺661.6b | ₺593.3b | ₺21.2b | 28.6x | 31.2x | 1.1x |
| Wed, 22 Oct 2025 | ₺621.1b | ₺571.4b | ₺15.2b | 30x | 40.8x | 1.1x |
| Fri, 19 Sep 2025 | ₺630.5b | ₺575.1b | ₺15.0b | 30.8x | 42.1x | 1.1x |
| Sun, 17 Aug 2025 | ₺611.3b | ₺564.0b | ₺10.6b | 28.7x | 57.4x | 1.1x |
| Tue, 15 Jul 2025 | ₺582.8b | ₺573.1b | ₺12.5b | 22.7x | 46.7x | 1x |
| Thu, 12 Jun 2025 | ₺574.0b | ₺572.8b | ₺12.6b | 20.4x | 45.5x | 1x |
| Sat, 10 May 2025 | ₺570.3b | ₺580.2b | ₺15.4b | 24x | 36.9x | 1x |
| Mon, 07 Apr 2025 | ₺562.7b | ₺575.8b | ₺20.6b | 23.6x | 27.3x | 1x |
| Wed, 05 Mar 2025 | ₺531.8b | ₺516.6b | ₺30.1b | 17.6x | 17.6x | 1x |
| Fri, 31 Jan 2025 | ₺549.5b | ₺516.7b | ₺37.1b | 25.7x | 14.8x | 1.1x |
| Sun, 29 Dec 2024 | ₺579.5b | ₺516.7b | ₺37.1b | 22.1x | 15.6x | 1.1x |
| Tue, 26 Nov 2024 | ₺570.3b | ₺516.7b | ₺37.1b | 23.5x | 15.4x | 1.1x |
| Thu, 24 Oct 2024 | ₺528.4b | ₺521.7b | ₺37.7b | 31.4x | 14x | 1x |
| Sat, 21 Sep 2024 | ₺575.0b | ₺516.2b | ₺37.2b | 36.2x | 15.5x | 1.1x |
| Mon, 19 Aug 2024 | ₺505.2b | ₺459.4b | ₺36.2b | 52.7x | 14x | 1.1x |
| Wed, 17 Jul 2024 | ₺621.1b | ₺486.3b | ₺26.5b | 27.1x | 23.4x | 1.3x |
| Fri, 14 Jun 2024 | ₺564.5b | ₺483.0b | ₺27.6b | 28.1x | 20.4x | 1.2x |
| Sun, 12 May 2024 | ₺583.7b | ₺471.6b | ₺35.3b | 17.2x | 16.5x | 1.2x |
| Tue, 09 Apr 2024 | ₺560.8b | ₺395.5b | ₺24.2b | 24.7x | 23.2x | 1.4x |
| Thu, 07 Mar 2024 | ₺581.0b | ₺391.1b | ₺24.4b | 24.3x | 23.8x | 1.5x |
| Sat, 03 Feb 2024 | ₺556.8b | ₺332.5b | ₺14.1b | 16.4x | 39.6x | 1.7x |
| Mon, 01 Jan 2024 | ₺501.7b | ₺332.5b | ₺14.1b | 11.3x | 35.7x | 1.5x |
| Wed, 29 Nov 2023 | ₺552.7b | ₺332.5b | ₺14.1b | 13.9x | 39.3x | 1.7x |
| Fri, 27 Oct 2023 | ₺579.8b | ₺314.1b | ₺15.0b | 18.4x | 38.6x | 1.8x |
| Sun, 24 Sep 2023 | ₺595.9b | ₺314.1b | ₺15.0b | 17.5x | 39.7x | 1.9x |
| Tue, 22 Aug 2023 | ₺520.2b | ₺314.2b | ₺15.0b | 16.6x | 34.7x | 1.7x |
| Thu, 20 Jul 2023 | ₺463.1b | ₺308.1b | ₺30.7b | 12.4x | 15.1x | 1.5x |
| Sat, 17 Jun 2023 | ₺424.9b | ₺308.1b | ₺30.7b | 11.8x | 13.9x | 1.4x |
Price to Earnings Ratio
13.9x
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 64.8x which is higher than its 3-year average PE of 34.0x.
- The industry is trading close to its 3-year average PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Metals and Mining industry have declined 21% per year over the last three years.
- Meanwhile revenues for these companies have grown 32% 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 Market | -2.53% | |
| Materials | -5.09% | |
| Metals and Mining | -3.31% | |
| Steel | -3.07% | |
| Gold | -3.14% | |
| Diversified Metals and Mining | -5.23% | |
Industry PE
- Investors are most optimistic about the Steel industry which is trading above its 3-year average PE ratio of 44.6x.
- Analysts are expecting annual earnings growth of 70.8%, which is higher than its past year's earnings decline of 13.1% per year.
- Investors are most pessimistic about the Gold industry, which is trading below its 3-year average of 41.5x.
Forecasted Growth
- Analysts are most optimistic on the Steel industry, expecting annual earnings growth of 71% over the next 5 years.
- This is better than its past earnings decline of 13% per year.
- In contrast, the Gold industry is expected to see its earnings grow by 31% 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 | |
|---|---|---|---|---|---|
| BRSAN Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret | ₺619.00 | 8.5% +₺6.9b | 83.0% | PE48x | |
| KCAER Kocaer Celik Sanayi ve Ticaret Anonim Sirketi | ₺14.40 | 6.3% +₺1.6b | 2.9% | PE116.8x | |
| EKDMR Ekinciler Demir ve Celik Sanayi | ₺64.00 | 5.7% +₺1.1b | n/a | PE45.9x | |
| IZMDC Izmir Demir Çelik Sanayi Anonim Sirketi | ₺7.87 | 2.1% +₺240.0m | 51.9% | PS0.2x | |
| BMSTL Bms Birlesik Metal Sanayi ve Ticaret | ₺85.30 | 1.5% +₺187.5m | 84.2% | PS5x |