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Turkish (BIST) Steel Industry Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies20
- 7D-2.9%
- 3M-1.1%
- 1Y-5.8%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 2.9%, driven by a pullback from Eregli Demir ve Çelik Fabrikalari T.A.S of 4.1%. The industry has fallen 5.8% in the last year. Looking forward, earnings are forecast to grow by 44% 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 |
|---|---|---|---|---|---|---|
| Fri, 22 Nov 2024 | ₺437.1b | ₺501.9b | ₺34.4b | 15.7x | 12.7x | 0.9x |
| Sun, 20 Oct 2024 | ₺432.6b | ₺487.8b | ₺36.7b | 29.5x | 11.8x | 0.9x |
| Tue, 17 Sep 2024 | ₺448.4b | ₺491.3b | ₺36.2b | 23.4x | 12.4x | 0.9x |
| Thu, 15 Aug 2024 | ₺426.8b | ₺472.6b | ₺24.3b | 23.4x | 17.5x | 0.9x |
| Sat, 13 Jul 2024 | ₺495.0b | ₺467.5b | ₺25.3b | 23.8x | 19.6x | 1.1x |
| Mon, 10 Jun 2024 | ₺463.5b | ₺465.1b | ₺26.4b | 21.3x | 17.5x | 1x |
| Wed, 08 May 2024 | ₺474.4b | ₺409.2b | ₺17.5b | 22.5x | 27.1x | 1.2x |
| Fri, 05 Apr 2024 | ₺410.1b | ₺378.2b | ₺16.2b | 20.8x | 25.4x | 1.1x |
| Sun, 03 Mar 2024 | ₺500.5b | ₺377.4b | ₺16.2b | 25.8x | 30.9x | 1.3x |
| Tue, 30 Jan 2024 | ₺442.8b | ₺318.7b | ₺5.8b | 17.7x | 75.7x | 1.4x |
| Thu, 28 Dec 2023 | ₺393.6b | ₺318.7b | ₺5.8b | 10.3x | 67.3x | 1.2x |
| Sat, 25 Nov 2023 | ₺440.6b | ₺318.7b | ₺5.8b | 14x | 75.4x | 1.4x |
| Mon, 23 Oct 2023 | ₺454.5b | ₺300.7b | ₺7.4b | 17.3x | 61.6x | 1.5x |
| Wed, 20 Sep 2023 | ₺448.3b | ₺300.7b | ₺7.4b | 17.2x | 60.8x | 1.5x |
| Fri, 18 Aug 2023 | ₺405.0b | ₺300.1b | ₺8.9b | 11.8x | 45.5x | 1.3x |
| Sun, 16 Jul 2023 | ₺351.2b | ₺295.0b | ₺24.2b | 11.6x | 14.5x | 1.2x |
| Tue, 13 Jun 2023 | ₺342.7b | ₺295.0b | ₺24.2b | 11.5x | 14.2x | 1.2x |
| Thu, 11 May 2023 | ₺246.9b | ₺290.7b | ₺24.0b | 7.6x | 10.3x | 0.8x |
| Sat, 08 Apr 2023 | ₺286.8b | ₺291.4b | ₺32.5b | 7.8x | 8.8x | 1x |
| Mon, 06 Mar 2023 | ₺382.9b | ₺284.4b | ₺32.8b | 9x | 11.7x | 1.3x |
| Wed, 01 Feb 2023 | ₺298.6b | ₺268.3b | ₺33.2b | 8x | 9x | 1.1x |
| Fri, 30 Dec 2022 | ₺326.5b | ₺268.3b | ₺33.2b | 10.4x | 9.8x | 1.2x |
| Sun, 27 Nov 2022 | ₺317.2b | ₺268.3b | ₺33.2b | 9.8x | 9.6x | 1.2x |
| Tue, 25 Oct 2022 | ₺231.6b | ₺229.5b | ₺38.2b | 7.6x | 6.1x | 1x |
| Thu, 22 Sep 2022 | ₺225.3b | ₺229.5b | ₺38.2b | 6.7x | 5.9x | 1x |
| Sat, 20 Aug 2022 | ₺264.6b | ₺228.5b | ₺38.1b | 7.3x | 7x | 1.2x |
| Mon, 18 Jul 2022 | ₺191.1b | ₺184.8b | ₺32.4b | 7.9x | 5.9x | 1x |
| Wed, 15 Jun 2022 | ₺214.6b | ₺184.8b | ₺32.4b | 7.6x | 6.6x | 1.2x |
| Fri, 13 May 2022 | ₺241.6b | ₺181.8b | ₺32.0b | 8.2x | 7.5x | 1.3x |
| Sun, 10 Apr 2022 | ₺234.2b | ₺145.7b | ₺26.3b | 10.7x | 8.9x | 1.6x |
| Tue, 08 Mar 2022 | ₺232.3b | ₺143.4b | ₺27.2b | 10.7x | 8.6x | 1.6x |
| Thu, 03 Feb 2022 | ₺192.7b | ₺116.9b | ₺24.0b | 12x | 8x | 1.6x |
| Sat, 01 Jan 2022 | ₺191.7b | ₺116.0b | ₺23.9b | 12.2x | 8x | 1.7x |
| Mon, 29 Nov 2021 | ₺160.1b | ₺116.0b | ₺23.9b | 12.3x | 6.7x | 1.4x |
Price to Earnings Ratio
6.7x
Current Industry PE
- Investors are pessimistic on the Turkish Steel industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 12.7x which is lower than its 3-year average PE of 25.6x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 0.87x.
Past Earnings Growth
- The earnings for companies in the Steel industry have grown 13% per year over the last three years.
- Revenues for these companies have grown 63% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Turkish Steel compare with similar industries?
| TR Market | -1.68% | |
| Materials | -0.80% | |
| Metals and Mining | -2.07% | |
| Steel | -2.89% | |
| Diversified Metals and Mining | 4.38% | |
| Copper | 0% | |
| Aluminum | 0% | |
| Gold | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
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 | |
|---|---|---|---|---|---|
| ISDMR Iskenderun Demir ve Çelik | ₺37.10 | 1.7% +₺1.8b | 5.5% | PE7.5x | |
| KCAER Kocaer Celik Sanayi ve Ticaret Anonim Sirketi | ₺39.04 | 3.4% +₺854.8m | 20.0% | PE39.1x | |
| TCKRC Kirac Galvaniz Telekominikasyon Metal Makine Insaat Elektrik Sanayi ve Ticaret Anonim Sirketi | ₺25.50 | 5.9% +₺241.4m | n/a | PE14.9x | |
| BMSCH Bms Celik Hasir Sanayi Ve Ticaret Anonim Sirketi | ₺32.38 | 7.4% +₺80.1m | 60.6% | PS0.7x | |
| ERCB Erciyas Çelik Boru Sanayi | ₺94.00 | 1.1% +₺77.8m | -19.4% | PE65.7x |