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Turkish (BIST) Steel Industry Analysis

UpdatedFeb 20, 2024
DataAggregated Company Financials
Companies16
  • 7D3.2%
  • 3M10.8%
  • 1Y37.6%
  • YTDn/a

Over the last 7 days, the Steel industry has risen 5.9%, driven by gains from Eregli Demir ve Çelik Fabrikalari T.A.S of 5.9%. During this same period, the Dofer Yapi Malzemeleri Sanayi ve Ticaret underperformed, falling 11%. This takes the industry's 12 month performance to a gain of 63%. Looking forward, earnings are forecast to grow by 101% annually.

Industry Valuation and Performance

Has the Turkish Steel Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 20 Feb 2024₺498.4b₺318.7b₺5.8b19.7x85.2x1.6x
Thu, 18 Jan 2024₺421.8b₺318.7b₺5.8b14.9x72.2x1.3x
Sat, 16 Dec 2023₺424.5b₺318.7b₺5.8b13.6x72.6x1.3x
Mon, 13 Nov 2023₺435.2b₺318.6b₺5.8b13.2x75.2x1.4x
Wed, 11 Oct 2023₺492.9b₺300.7b₺7.4b19.2x66.8x1.6x
Fri, 08 Sep 2023₺496.2b₺300.7b₺7.4b17.7x67.2x1.6x
Sun, 06 Aug 2023₺385.5b₺295.0b₺24.2b12.1x15.9x1.3x
Tue, 04 Jul 2023₺350.9b₺295.0b₺24.2b11.3x14.5x1.2x
Thu, 01 Jun 2023₺297.3b₺295.0b₺24.2b9.6x12.3x1x
Sat, 29 Apr 2023₺272.3b₺291.4b₺32.5b7.4x8.4x0.9x
Mon, 27 Mar 2023₺316.3b₺291.4b₺32.5b8.3x9.7x1.1x
Wed, 22 Feb 2023₺380.1b₺268.6b₺33.2b10.4x11.5x1.4x
Fri, 20 Jan 2023₺320.1b₺268.3b₺33.2b9x9.6x1.2x
Sun, 18 Dec 2022₺324.3b₺268.3b₺33.2b10.3x9.8x1.2x
Tue, 15 Nov 2022₺285.6b₺267.5b₺33.2b8.5x8.6x1.1x
Thu, 13 Oct 2022₺227.0b₺229.5b₺38.2b7.6x5.9x1x
Sat, 10 Sep 2022₺239.4b₺228.9b₺38.2b6.9x6.3x1x
Mon, 08 Aug 2022₺204.6b₺191.2b₺32.8b8.4x6.2x1.1x
Wed, 06 Jul 2022₺192.5b₺184.8b₺32.4b8x5.9x1x
Fri, 03 Jun 2022₺238.0b₺184.8b₺32.4b8x7.4x1.3x
Sun, 01 May 2022₺233.4b₺177.7b₺31.6b10.2x7.4x1.3x
Tue, 29 Mar 2022₺226.8b₺145.7b₺26.3b10.8x8.6x1.6x
Thu, 24 Feb 2022₺190.1b₺139.0b₺26.1b11.6x7.3x1.4x
Sat, 22 Jan 2022₺200.2b₺116.0b₺23.9b12.1x8.4x1.7x
Mon, 20 Dec 2021₺207.5b₺116.0b₺23.9b12.6x8.7x1.8x
Wed, 17 Nov 2021₺141.8b₺116.0b₺23.9b12x5.9x1.2x
Fri, 15 Oct 2021₺116.6b₺94.7b₺15.6b10.5x7.5x1.2x
Sun, 12 Sep 2021₺122.2b₺94.7b₺15.6b11.4x7.8x1.3x
Tue, 10 Aug 2021₺129.9b₺94.7b₺15.6b12.2x8.3x1.4x
Mon, 03 May 2021₺125.9b₺77.2b₺9.8b12.1x12.9x1.6x
Price to Earnings Ratio

18x


Total Market Cap: ₺101.7bTotal Earnings: ₺5.6bTotal Revenue: ₺68.6bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Steel Industry Price to Earnings3Y Average 23.2x202220232024
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 86.1x which is higher than its 3-year average PE of 23.1x.
  • The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have remained mostly flat over the last three years.
  • Meanwhile revenues for these companies have grown 67% 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 and as a result, profits have held steady.

Industry Comparison

How does Turkish Steel compare with similar industries?

TR Market0.64%
Materials3.20%
Metals and Mining2.62%
Steel3.25%
Gold2.36%
Copper0%
Aluminum0%
Precious Metals and Minerals0%
Silver0%
Diversified Metals and Mining-4.58%
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?

CompanyLast Price7D1YValuation
EREGL Eregli Demir ve Çelik Fabrikalari T.A.S₺48.324.1%
+₺6.7b
-2.0%PS1.3x
BRSAN Borusan Mannesmann Boru Sanayi ve Ticaret₺721.004.8%
+₺4.7b
940.4%PE26.3x
KCAER Kocaer Celik Sanayi ve Ticaret Anonim Sirketi₺45.2411.4%
+₺3.1b
132.6%PE21x
ISDMR Iskenderun Demir ve Çelik₺40.840.9%
+₺1.1b
11.3%PS2x
ERCB Erciyas Çelik Boru Sanayi₺161.808.1%
+₺941.0m
37.1%PE101.1x
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Latest News

EREGL

₺48.32

Eregli Demir ve Çelik Fabrikalari T.A.S

7D

4.1%

1Y

-2.0%

CELHA

₺34.00

Çelik Halat ve Tel Sanayii

7D

12.7%

1Y

8.7%

KRDMD

₺28.66

Kardemir Karabük Demir Çelik Sanayi Ve Ticaret

7D

-0.4%

1Y

25.7%

KCAER

₺45.24

Kocaer Celik Sanayi ve Ticaret Anonim Sirketi

7D

11.4%

1Y

132.6%

BMSTL

₺36.44

Bms Birlesik Metal Sanayi ve Ticaret

7D

-9.7%

1Y

79.9%

ERCB

₺161.80

Erciyas Çelik Boru Sanayi

7D

8.1%

1Y

37.1%

ERBOS

₺256.75

Erbosan Erciyas Boru Sanayii ve Ticaret

7D

8.1%

1Y

76.3%

BRSAN

₺721.00

Borusan Mannesmann Boru Sanayi ve Ticaret

7D

4.8%

1Y

940.4%

YKSLN

₺15.68

Yukselen Celik Anonim Sirketi

7D

-0.7%

1Y

30.8%

CEMAS

₺4.90

Çemas Döküm Sanayi

7D

-3.9%

1Y

164.9%

BMSCH

₺23.24

Bms Celik Hasir Sanayi Ve Ticaret Anonim Sirketi

7D

-1.4%

1Y

23.9%

ISDMR

₺40.84

Iskenderun Demir ve Çelik

7D

0.9%

1Y

11.3%

CEMTS

₺12.79

Çemtas Çelik Makina Sanayi ve Ticaret

7D

3.5%

1Y

18.0%