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Turkish (BIST) Steel Industry Analysis

UpdatedJan 18, 2026
DataAggregated Company Financials
Companies20
  • 7D6.6%
  • 3M12.2%
  • 1Y15.7%
  • YTDn/a

In the last week, the Steel industry is up 6.6%, with Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret up 15%. In the same time, Dofer Yapi Malzemeleri Sanayi ve Ticaret was down 21%. In the last 12 months, the industry was up 16%. As for the next few years, earnings are expected to grow by 80% per annum.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 18 Jan 2026₺520.4b₺567.6b₺16.4b35.9x31.7x0.9x
Tue, 16 Dec 2025₺486.1b₺567.6b₺16.4b34.3x29.6x0.9x
Thu, 13 Nov 2025₺465.1b₺583.3b₺15.1b33.6x30.8x0.8x
Sat, 11 Oct 2025₺489.5b₺550.0b₺11.9b37.3x41.2x0.9x
Mon, 08 Sep 2025₺499.2b₺550.3b₺10.5b27.4x47.4x0.9x
Wed, 06 Aug 2025₺486.1b₺551.6b₺11.2b22.9x43.2x0.9x
Fri, 04 Jul 2025₺462.6b₺551.6b₺11.2b23x41.1x0.8x
Sun, 01 Jun 2025₺423.5b₺551.4b₺11.4b19.8x37.2x0.8x
Tue, 29 Apr 2025₺432.6b₺555.7b₺21.1b23.8x20.5x0.8x
Thu, 27 Mar 2025₺424.0b₺554.6b₺21.0b24.2x20.2x0.8x
Sat, 22 Feb 2025₺427.5b₺503.6b₺29.1b19.6x14.7x0.8x
Mon, 20 Jan 2025₺444.1b₺501.3b₺34.4b18.5x12.9x0.9x
Wed, 18 Dec 2024₺484.2b₺501.3b₺34.4b19.5x14.1x1x
Fri, 15 Nov 2024₺451.1b₺502.8b₺34.6b18.7x13x0.9x
Sun, 13 Oct 2024₺430.3b₺487.8b₺36.7b26.9x11.7x0.9x
Tue, 10 Sep 2024₺437.4b₺493.1b₺35.9b23.1x12.2x0.9x
Thu, 08 Aug 2024₺447.0b₺467.5b₺25.3b21.5x17.7x1x
Sat, 06 Jul 2024₺493.1b₺467.5b₺25.3b23.3x19.5x1.1x
Mon, 03 Jun 2024₺471.8b₺465.0b₺26.3b21.6x17.9x1x
Wed, 01 May 2024₺454.0b₺383.0b₺15.5b30.4x29.4x1.2x
Fri, 29 Mar 2024₺434.4b₺378.2b₺16.2b21.7x26.9x1.1x
Sun, 25 Feb 2024₺494.3b₺366.0b₺16.9b25x29.3x1.4x
Tue, 23 Jan 2024₺416.5b₺318.7b₺5.8b16x71.2x1.3x
Thu, 21 Dec 2023₺407.9b₺318.7b₺5.8b13x69.8x1.3x
Sat, 18 Nov 2023₺424.7b₺318.7b₺5.8b13.8x72.7x1.3x
Mon, 16 Oct 2023₺493.1b₺300.7b₺7.4b18.9x66.8x1.6x
Wed, 13 Sep 2023₺462.7b₺300.7b₺7.4b18x62.7x1.5x
Fri, 11 Aug 2023₺376.4b₺298.7b₺9.2b10.6x40.7x1.3x
Sun, 09 Jul 2023₺351.7b₺295.0b₺24.2b11.6x14.5x1.2x
Tue, 06 Jun 2023₺318.7b₺295.0b₺24.2b11x13.2x1.1x
Thu, 04 May 2023₺249.7b₺283.3b₺23.3b7.7x10.7x0.9x
Sat, 01 Apr 2023₺293.2b₺291.4b₺32.5b7.8x9x1x
Mon, 27 Feb 2023₺359.6b₺282.7b₺34.8b8.6x10.3x1.3x
Wed, 25 Jan 2023₺310.8b₺268.3b₺33.2b8.6x9.4x1.2x
Price to Earnings Ratio

9.4x


Total Market Cap: ₺310.8bTotal Earnings: ₺33.2bTotal Revenue: ₺268.3bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Steel Industry Price to Earnings3Y Average 33.7x202420252026
Current Industry PE
  • Investors are relatively neutral on the Turkish Steel industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 33.7x.
  • The 3-year average PS ratio of 1.3x is higher than the industry's current PS ratio of 0.92x.
Past Earnings Growth
  • The earnings for companies in the Steel industry have declined 21% per year over the last three years.
  • Meanwhile revenues for these companies have grown 28% 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 Market2.11%
Materials4.78%
Metals and Mining6.24%
Steel6.62%
Gold7.30%
Diversified Metals and Mining2.33%
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
BRSAN Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret₺655.5015.3%
+₺12.3b
59.8%PE93.3x
EREGL Eregli Demir ve Çelik Fabrikalari T.A.S₺26.065.7%
+₺9.8b
13.0%PE35.9x
ISDMR Iskenderun Demir ve Çelik₺38.023.5%
+₺3.8b
-3.5%PE10.3x
TCKRC Kirac Galvaniz Telekominikasyon Metal Makine Insaat Elektrik Sanayi ve Ticaret Anonim Sirketi₺91.1019.5%
+₺2.5b
188.3%PE35.3x
KRDMD Kardemir Karabük Demir Çelik Sanayi Ve Ticaret₺28.646.9%
+₺2.1b
9.2%PS0.7x

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