Turkish (BIST) Steel Industry Analysis
UpdatedApr 26, 2024
DataAggregated Company Financials
Companies16
- 7D1.3%
- 3M1.5%
- 1Y59.6%
- YTDn/a
The Steel industry is up 1.3% in the last week, with Eregli Demir ve Çelik Fabrikalari T.A.S up 2.9%. This takes the industry's 12 month performance to a gain of 60%. As for the next few years, earnings are expected to grow by 56% per annum.
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, 26 Apr 2024 | ₺441.9b | ₺381.7b | ₺15.9b | 27.6x | 27.7x | 1.2x |
| Sun, 24 Mar 2024 | ₺456.9b | ₺378.2b | ₺16.2b | 23.4x | 28.3x | 1.2x |
| Tue, 20 Feb 2024 | ₺498.4b | ₺318.7b | ₺5.8b | 19.7x | 85.2x | 1.6x |
| Thu, 18 Jan 2024 | ₺421.8b | ₺318.7b | ₺5.8b | 14.9x | 72.2x | 1.3x |
| Sat, 16 Dec 2023 | ₺424.5b | ₺318.7b | ₺5.8b | 13.6x | 72.6x | 1.3x |
| Mon, 13 Nov 2023 | ₺435.2b | ₺318.6b | ₺5.8b | 13.2x | 75.2x | 1.4x |
| Wed, 11 Oct 2023 | ₺492.9b | ₺300.7b | ₺7.4b | 19.2x | 66.8x | 1.6x |
| Fri, 08 Sep 2023 | ₺496.2b | ₺300.7b | ₺7.4b | 17.7x | 67.2x | 1.6x |
| Sun, 06 Aug 2023 | ₺385.5b | ₺295.0b | ₺24.2b | 12.1x | 15.9x | 1.3x |
| Tue, 04 Jul 2023 | ₺350.9b | ₺295.0b | ₺24.2b | 11.3x | 14.5x | 1.2x |
| Thu, 01 Jun 2023 | ₺297.3b | ₺295.0b | ₺24.2b | 9.6x | 12.3x | 1x |
| Sat, 29 Apr 2023 | ₺272.3b | ₺291.4b | ₺32.5b | 7.4x | 8.4x | 0.9x |
| Mon, 27 Mar 2023 | ₺316.3b | ₺291.4b | ₺32.5b | 8.3x | 9.7x | 1.1x |
| Wed, 22 Feb 2023 | ₺380.1b | ₺268.6b | ₺33.2b | 10.4x | 11.5x | 1.4x |
| Fri, 20 Jan 2023 | ₺320.1b | ₺268.3b | ₺33.2b | 9x | 9.6x | 1.2x |
| Sun, 18 Dec 2022 | ₺324.3b | ₺268.3b | ₺33.2b | 10.3x | 9.8x | 1.2x |
| Tue, 15 Nov 2022 | ₺285.6b | ₺267.5b | ₺33.2b | 8.5x | 8.6x | 1.1x |
| Thu, 13 Oct 2022 | ₺227.0b | ₺229.5b | ₺38.2b | 7.6x | 5.9x | 1x |
| Sat, 10 Sep 2022 | ₺239.4b | ₺228.9b | ₺38.2b | 6.9x | 6.3x | 1x |
| Mon, 08 Aug 2022 | ₺204.6b | ₺191.2b | ₺32.8b | 8.4x | 6.2x | 1.1x |
| Wed, 06 Jul 2022 | ₺192.5b | ₺184.8b | ₺32.4b | 8x | 5.9x | 1x |
| Fri, 03 Jun 2022 | ₺238.0b | ₺184.8b | ₺32.4b | 8x | 7.4x | 1.3x |
| Sun, 01 May 2022 | ₺233.4b | ₺177.7b | ₺31.6b | 10.2x | 7.4x | 1.3x |
| Tue, 29 Mar 2022 | ₺226.8b | ₺145.7b | ₺26.3b | 10.8x | 8.6x | 1.6x |
| Thu, 24 Feb 2022 | ₺190.1b | ₺139.0b | ₺26.1b | 11.6x | 7.3x | 1.4x |
| Sat, 22 Jan 2022 | ₺200.2b | ₺116.0b | ₺23.9b | 12.1x | 8.4x | 1.7x |
| Mon, 20 Dec 2021 | ₺207.5b | ₺116.0b | ₺23.9b | 12.6x | 8.7x | 1.8x |
| Wed, 17 Nov 2021 | ₺141.8b | ₺116.0b | ₺23.9b | 12x | 5.9x | 1.2x |
| Fri, 15 Oct 2021 | ₺116.6b | ₺94.7b | ₺15.6b | 10.5x | 7.5x | 1.2x |
| Sun, 12 Sep 2021 | ₺122.2b | ₺94.7b | ₺15.6b | 11.4x | 7.8x | 1.3x |
| Tue, 10 Aug 2021 | ₺129.9b | ₺94.7b | ₺15.6b | 12.2x | 8.3x | 1.4x |
| Mon, 03 May 2021 | ₺125.9b | ₺77.2b | ₺9.8b | 12.1x | 12.9x | 1.6x |
Price to Earnings Ratio
12.9x
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 27.7x which is higher than its 3-year average PE of 24.2x.
- The 3-year average PS ratio of 1.6x is higher than the industry's current PS ratio of 1.2x.
Past Earnings Growth
- The earnings for companies in the Steel industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 70% 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 | 3.75% | |
| Materials | 1.25% | |
| Metals and Mining | 1.19% | |
| Steel | 1.27% | |
| Diversified Metals and Mining | 4.02% | |
| Copper | 0% | |
| Aluminum | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Gold | -0.69% | |
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 | ₺41.60 | 2.9% +₺4.1b | 27.5% | PE36.1x | |
| ISDMR Iskenderun Demir ve Çelik | ₺34.92 | 1.6% +₺1.6b | 14.9% | PE22x | |
| KRDMD Kardemir Karabük Demir Çelik Sanayi Ve Ticaret | ₺25.02 | 3.8% +₺1.0b | 59.6% | PE27.6x | |
| IZMDC Izmir Demir Çelik Sanayi Anonim Sirketi | ₺7.37 | 8.7% +₺885.0m | 50.4% | PS0.4x | |
| CEMTS Çemtas Çelik Makina Sanayi ve Ticaret | ₺11.17 | 12.5% +₺620.0m | 27.2% | PE67.6x |