Narrative Update • Jul 06
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Turkish (BIST) Steel Industry Analysis
UpdatedJul 15, 2026
DataAggregated Company Financials
Companies21
- 7D0.7%
- 3M22.2%
- 1Y52.7%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 3.1%, driven by Kocaer Celik Sanayi ve Ticaret Anonim Sirketi declining 11%. This takes the industry's 12 month performance to a gain of 49%. Earnings are forecast to grow by 72% annually.
Industry Valuation and Performance
Has the Turkish Steel Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Wed, 15 Jul 2026 | ₺734.4b | ₺665.2b | ₺7.1b | 45x | 103.5x | 1.1x |
| Fri, 12 Jun 2026 | ₺724.4b | ₺664.5b | ₺7.9b | 47.9x | 91.4x | 1.1x |
| Sun, 10 May 2026 | ₺712.5b | ₺642.7b | ₺3.4b | 53.9x | 212.2x | 1.1x |
| Tue, 07 Apr 2026 | ₺554.0b | ₺636.6b | ₺3.4b | 46x | 163.2x | 0.9x |
| Thu, 05 Mar 2026 | ₺525.3b | ₺587.9b | ₺7.4b | 42.2x | 70.6x | 0.9x |
| Sat, 31 Jan 2026 | ₺548.2b | ₺567.6b | ₺16.4b | 38.8x | 33.4x | 1x |
| Mon, 29 Dec 2025 | ₺467.9b | ₺567.6b | ₺16.4b | 32.9x | 28.5x | 0.8x |
| Wed, 26 Nov 2025 | ₺461.5b | ₺567.6b | ₺16.3b | 32.9x | 28.3x | 0.8x |
| Fri, 24 Oct 2025 | ₺474.3b | ₺561.6b | ₺12.3b | 37x | 38.6x | 0.8x |
| Sun, 21 Sep 2025 | ₺516.3b | ₺552.8b | ₺11.6b | 38.8x | 44.4x | 0.9x |
| Tue, 19 Aug 2025 | ₺506.6b | ₺542.8b | ₺8.2b | 38.5x | 61.9x | 0.9x |
| Thu, 17 Jul 2025 | ₺456.6b | ₺551.6b | ₺11.2b | 22.6x | 40.6x | 0.8x |
| Sat, 14 Jun 2025 | ₺431.8b | ₺551.6b | ₺11.2b | 20.9x | 38.4x | 0.8x |
| Mon, 12 May 2025 | ₺435.3b | ₺559.2b | ₺15.7b | 24x | 27.6x | 0.8x |
| Wed, 09 Apr 2025 | ₺419.3b | ₺554.6b | ₺21.0b | 23.1x | 20x | 0.8x |
| Fri, 07 Mar 2025 | ₺453.6b | ₺508.0b | ₺27.3b | 19.9x | 16.6x | 0.9x |
| Sun, 02 Feb 2025 | ₺430.5b | ₺501.3b | ₺34.4b | 20.3x | 12.5x | 0.9x |
| Tue, 31 Dec 2024 | ₺465.3b | ₺501.3b | ₺34.4b | 18.3x | 13.5x | 0.9x |
| Thu, 28 Nov 2024 | ₺454.1b | ₺501.3b | ₺34.4b | 16.7x | 13.2x | 0.9x |
| Sat, 26 Oct 2024 | ₺434.0b | ₺501.9b | ₺37.6b | 29.9x | 11.5x | 0.9x |
| Mon, 23 Sep 2024 | ₺449.0b | ₺497.6b | ₺35.6b | 32.3x | 12.6x | 0.9x |
| Wed, 21 Aug 2024 | ₺380.5b | ₺440.5b | ₺34.9b | 23.8x | 10.9x | 0.9x |
| Fri, 19 Jul 2024 | ₺500.8b | ₺467.5b | ₺25.3b | 23.8x | 19.8x | 1.1x |
| Sun, 16 Jun 2024 | ₺485.1b | ₺456.9b | ₺25.2b | 21.5x | 19.2x | 1.1x |
| Tue, 14 May 2024 | ₺461.2b | ₺457.5b | ₺27.0b | 17x | 17.1x | 1x |
| Thu, 11 Apr 2024 | ₺448.8b | ₺381.7b | ₺15.9b | 27.1x | 28.2x | 1.2x |
| Sat, 09 Mar 2024 | ₺480.5b | ₺377.4b | ₺16.2b | 25.3x | 29.7x | 1.3x |
| Mon, 05 Feb 2024 | ₺452.4b | ₺318.7b | ₺5.8b | 19.3x | 77.4x | 1.4x |
| Wed, 03 Jan 2024 | ₺427.6b | ₺318.7b | ₺5.8b | 11.2x | 73.1x | 1.3x |
| Fri, 01 Dec 2023 | ₺430.7b | ₺318.7b | ₺5.8b | 13.3x | 73.7x | 1.4x |
| Sun, 29 Oct 2023 | ₺463.0b | ₺307.5b | ₺5.2b | 18.4x | 89.1x | 1.5x |
| Tue, 26 Sep 2023 | ₺486.1b | ₺300.7b | ₺7.4b | 19.6x | 65.9x | 1.6x |
| Thu, 24 Aug 2023 | ₺433.4b | ₺300.7b | ₺7.4b | 16.7x | 58.7x | 1.4x |
| Sat, 22 Jul 2023 | ₺342.9b | ₺295.0b | ₺24.2b | 11.4x | 14.2x | 1.2x |
Price to Earnings Ratio
14.2x
Current Industry PE
- Investors are optimistic on the Turkish Steel industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 101x which is higher than its 3-year average PE of 47.3x.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
- The earnings for companies in the Steel industry have declined 34% per year over the last three years.
- Meanwhile revenues for these companies have grown 31% 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 Comparison
How does Turkish Steel compare with similar industries?
| TR Market | -2.68% | |
| Materials | -1.18% | |
| Metals and Mining | -0.16% | |
| Steel | 0.74% | |
| Diversified Metals and Mining | -2.45% | |
| Gold | -2.68% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
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 | ₺41.88 | 1.5% +₺4.3b | 55.7% | PE624.7x | |
| KRDMD Kardemir Karabük Demir Çelik Sanayi Ve Ticaret | ₺40.84 | 8.8% +₺3.8b | 64.1% | PE164.1x | |
| IZMDC Izmir Demir Çelik Sanayi Anonim Sirketi | ₺10.35 | 13.7% +₺1.9b | 101.0% | PS0.3x | |
| BMSTL Bms Birlesik Metal Sanayi ve Ticaret | ₺47.20 | 11.5% +₺1.5b | 113.5% | PS5.5x | |
| CELHA Çelik Halat ve Tel Sanayii | ₺21.68 | 17.1% +₺1.2b | 7.2% | PS3.9x |