Turkish (BIST) Metals and Mining Industry Analysis
- 7D8.6%
- 3M28.0%
- 1Y47.4%
- YTD37.1%
Over the last 7 days, the Metals and Mining industry has risen 7.6%, driven by gains from Eregli Demir ve Çelik Fabrikalari T.A.S of 11%. This takes the industry's 12 month performance to a gain of 40%.
Industry Valuation and Performance
Has the Turkish Metals and Mining Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE |
|---|---|---|---|---|
| Sat, 27 Nov 2021 | ₺188.1b | ₺123.7b | ₺27.2b | 11.8x |
| Mon, 25 Oct 2021 | ₺149.5b | ₺102.5b | ₺19.0b | 10.7x |
| Wed, 22 Sep 2021 | ₺128.6b | ₺102.5b | ₺19.0b | 9.6x |
| Fri, 20 Aug 2021 | ₺147.1b | ₺102.5b | ₺19.0b | 10.3x |
| Fri, 04 Jun 2021 | ₺150.6b | ₺84.0b | ₺12.7b | 12x |
| Mon, 08 Mar 2021 | ₺128.1b | ₺75.2b | ₺8.2b | 14.6x |
| Thu, 10 Dec 2020 | ₺91.2b | ₺63.6b | ₺5.4b | 17.9x |
| Wed, 02 Sep 2020 | ₺76.2b | ₺60.9b | ₺5.6b | 16.2x |
| Sat, 06 Jun 2020 | ₺71.3b | ₺62.3b | ₺7.1b | 12.9x |
| Tue, 10 Mar 2020 | ₺71.3b | ₺63.0b | ₺8.3b | 11.4x |
| Mon, 02 Dec 2019 | ₺70.8b | ₺68.8b | ₺10.8b | 7.1x |
| Thu, 05 Sep 2019 | ₺58.9b | ₺70.8b | ₺11.6b | 4.6x |
| Sun, 09 Jun 2019 | ₺57.9b | ₺63.3b | ₺12.5b | 4.5x |
| Sat, 02 Mar 2019 | ₺70.2b | ₺64.0b | ₺12.3b | 5.1x |
| Tue, 04 Dec 2018 | ₺60.7b | ₺53.8b | ₺11.4b | 5x |
5x
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 10.0x. However, future earnings are expected to decline by 5.0% which could potentially cause the PE ratio to fall below its historical average.
Past Earnings Growth: The earnings for companies in the Metals and Mining industry have grown 34% 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 Metals and Mining industry?
| Steel | 9.92% | |
| Diversified Metals and Mining | 0.86% | |
| Gold | 0.75% | |
Industry PE: Investors are most optimistic about the Steel industry, which is trading close to its 3-year average PE ratio of 11.2x. However analysts are expecting annual earnings decline of 11%, which is lower than the prior year's growth of 405% per year. So the market might believe that analysts are underestimating future growth or they expect the Steel industry's earnings to deteriorate the least compared to other industries. Meanwhile, investors are most pessimistic about the Diversified Metals and Mining industry. Although, investor sentiment seems to have improved given its trading above its 3-year average of 5.8x.
Forecasted Growth: Analysts are most optimistic on the Gold industry, expecting annual earnings growth of 15% over the next 5 years. This is roughly in line with its past earnings growth rate. Meanwhile, the Steel industry is expected to see its earnings decline 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 | 7D | 1Y | Valuation | |
|---|---|---|---|---|
| ISDMR Iskenderun Demir ve Çelik | 14.3%+₺7.1b | 127.2% | PE7.6x | |
| EREGL Eregli Demir ve Çelik Fabrikalari T.A.S | 5.8%+₺4.3b | 90.3% | PE6.2x | |
| KRDMD Kardemir Karabük Demir Çelik Sanayi Ve Ticaret | 5.4%+₺501.6m | 67.1% | PE3.8x | |
| IZMDC Izmir Demir Çelik Sanayi Anonim Sirketi | 4.8%+₺165.0m | -87.9% | PE12.5x | |
| KOZAA Koza Anadolu Metal Madencilik Isletmeleri | 2.0%+₺143.6m | 45.0% | PE7.1x |