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Turkish (BIST) Steel Industry Analysis
UpdatedDec 22, 2024
DataAggregated Company Financials
Companies20
- 7D-4.1%
- 3M5.3%
- 1Y11.8%
- YTDn/a
Over the last 7 days, the Steel industry has dropped 4.1%, driven by Eregli Demir ve Çelik Fabrikalari T.A.S declining 5.5%. On the other hand Demisas Döküm Emaye Mamülleri Sanayi Anonim Sirketi is actually up 11%. This takes the industry's 12 month performance to a gain of 12%. Looking forward, earnings are forecast to grow by 50% 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 |
|---|---|---|---|---|---|---|
| Sun, 22 Dec 2024 | ₺472.3b | ₺501.3b | ₺34.4b | 19.2x | 13.7x | 0.9x |
| Tue, 19 Nov 2024 | ₺455.0b | ₺503.9b | ₺35.0b | 16.5x | 13x | 0.9x |
| Thu, 17 Oct 2024 | ₺436.7b | ₺487.8b | ₺36.7b | 27x | 11.9x | 0.9x |
| Sat, 14 Sep 2024 | ₺450.7b | ₺492.0b | ₺35.9b | 29.8x | 12.6x | 0.9x |
| Mon, 12 Aug 2024 | ₺442.3b | ₺472.6b | ₺24.3b | 24.4x | 18.2x | 0.9x |
| Wed, 10 Jul 2024 | ₺487.1b | ₺467.5b | ₺25.3b | 23.1x | 19.3x | 1x |
| Fri, 07 Jun 2024 | ₺473.0b | ₺465.2b | ₺26.4b | 21.9x | 17.9x | 1x |
| Sun, 05 May 2024 | ₺469.9b | ₺409.2b | ₺17.5b | 22.6x | 26.8x | 1.1x |
| Tue, 02 Apr 2024 | ₺429.0b | ₺378.2b | ₺16.2b | 21.6x | 26.5x | 1.1x |
| Thu, 29 Feb 2024 | ₺498.9b | ₺366.8b | ₺17.0b | 24.8x | 29.4x | 1.4x |
| Sat, 27 Jan 2024 | ₺435.0b | ₺318.7b | ₺5.8b | 17.5x | 74.4x | 1.4x |
| Mon, 25 Dec 2023 | ₺403.5b | ₺318.7b | ₺5.8b | 12.2x | 69x | 1.3x |
| Wed, 22 Nov 2023 | ₺450.2b | ₺318.7b | ₺5.8b | 13.4x | 77x | 1.4x |
| Fri, 20 Oct 2023 | ₺472.8b | ₺300.7b | ₺7.4b | 19x | 64.1x | 1.6x |
| Sun, 17 Sep 2023 | ₺463.5b | ₺300.7b | ₺7.4b | 17.5x | 62.8x | 1.5x |
| Tue, 15 Aug 2023 | ₺401.8b | ₺300.1b | ₺8.9b | 10.6x | 45.1x | 1.3x |
| Thu, 13 Jul 2023 | ₺351.1b | ₺295.0b | ₺24.2b | 11.6x | 14.5x | 1.2x |
| Sat, 10 Jun 2023 | ₺340.2b | ₺295.0b | ₺24.2b | 11.2x | 14.1x | 1.2x |
| Mon, 08 May 2023 | ₺245.3b | ₺286.1b | ₺22.7b | 8.2x | 10.8x | 0.9x |
| Wed, 05 Apr 2023 | ₺294.6b | ₺291.4b | ₺32.5b | 8.1x | 9.1x | 1x |
| Fri, 03 Mar 2023 | ₺369.5b | ₺282.7b | ₺34.8b | 9.1x | 10.6x | 1.3x |
| Sun, 29 Jan 2023 | ₺305.6b | ₺268.3b | ₺33.2b | 8.2x | 9.2x | 1.1x |
| Tue, 27 Dec 2022 | ₺329.6b | ₺268.3b | ₺33.2b | 10.5x | 9.9x | 1.2x |
| Thu, 24 Nov 2022 | ₺311.9b | ₺268.3b | ₺33.2b | 9.2x | 9.4x | 1.2x |
| Sat, 22 Oct 2022 | ₺231.6b | ₺229.5b | ₺38.2b | 7.6x | 6.1x | 1x |
| Mon, 19 Sep 2022 | ₺231.4b | ₺229.5b | ₺38.2b | 6.7x | 6.1x | 1x |
| Wed, 17 Aug 2022 | ₺204.8b | ₺227.9b | ₺38.0b | 6.8x | 5.4x | 0.9x |
| Fri, 15 Jul 2022 | ₺188.9b | ₺184.8b | ₺32.4b | 7.9x | 5.8x | 1x |
| Sun, 12 Jun 2022 | ₺230.9b | ₺184.8b | ₺32.4b | 7.8x | 7.1x | 1.2x |
| Tue, 10 May 2022 | ₺237.9b | ₺181.5b | ₺31.9b | 8.9x | 7.4x | 1.3x |
| Thu, 07 Apr 2022 | ₺232.1b | ₺145.7b | ₺26.3b | 10.4x | 8.8x | 1.6x |
| Sat, 05 Mar 2022 | ₺226.5b | ₺141.7b | ₺27.4b | 10.8x | 8.3x | 1.6x |
| Mon, 31 Jan 2022 | ₺191.9b | ₺116.9b | ₺24.0b | 11.9x | 8x | 1.6x |
| Wed, 29 Dec 2021 | ₺188.2b | ₺116.0b | ₺23.9b | 12.4x | 7.9x | 1.6x |
Price to Earnings Ratio
7.9x
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 13.7x which is lower than its 3-year average PE of 25.8x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 0.94x.
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 | -3.37% | |
| Materials | -3.47% | |
| Metals and Mining | -4.23% | |
| Steel | -4.07% | |
| Copper | 0% | |
| Aluminum | 0% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Gold | -4.12% | |
| Diversified Metals and Mining | -6.47% | |
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 | |
|---|---|---|---|---|---|
| DMSAS Demisas Döküm Emaye Mamülleri Sanayi Anonim Sirketi | ₺7.70 | 11.4% +₺158.0m | 0.4% | PE9x | |
| IZMDC Izmir Demir Çelik Sanayi Anonim Sirketi | ₺5.74 | 1.8% +₺150.0m | 8.5% | PS0.3x | |
| ERBOS Erbosan Erciyas Boru Sanayii ve Ticaret | ₺192.80 | 2.0% +₺76.0m | -2.6% | PS1.1x | |
| BMSCH Bms Celik Hasir Sanayi Ve Ticaret Anonim Sirketi | ₺37.48 | 2.1% +₺28.1m | 128.4% | PS0.9x |