Turkish (BIST) Steel Industry Analysis

UpdatedApr 14, 2026

DataAggregated Company Financials

Companies20

7D3.7%
3M12.3%
1Y34.4%
YTDn/a

In the last week, the Steel industry is up 3.7%, with Eregli Demir ve Çelik Fabrikalari T.A.S up 6.5%. This takes the industry's 12 month performance to a gain of 34%. Looking forward, earnings are forecast to grow by 71% 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
Tue, 14 Apr 2026	₺574.4b	₺636.6b	₺3.4b	46.3x	168.9x	0.9x
Thu, 12 Mar 2026	₺541.7b	₺599.3b	₺6.9b	49.2x	78.8x	0.9x
Sat, 07 Feb 2026	₺567.7b	₺567.6b	₺16.4b	40x	34.6x	1x
Mon, 05 Jan 2026	₺480.0b	₺567.6b	₺16.4b	33.4x	29.2x	0.8x
Wed, 03 Dec 2025	₺471.3b	₺567.6b	₺16.4b	33x	28.7x	0.8x
Fri, 31 Oct 2025	₺496.6b	₺562.1b	₺12.3b	65.2x	40.3x	0.9x
Sun, 28 Sep 2025	₺522.0b	₺550.0b	₺11.9b	40.6x	44x	0.9x
Tue, 26 Aug 2025	₺526.0b	₺542.7b	₺8.4b	39.7x	62.8x	1x
Thu, 24 Jul 2025	₺472.1b	₺551.6b	₺11.2b	22.8x	42x	0.9x
Sat, 21 Jun 2025	₺447.3b	₺551.6b	₺11.2b	22.2x	39.8x	0.8x
Mon, 19 May 2025	₺451.0b	₺559.9b	₺15.3b	22.8x	29.4x	0.8x
Wed, 16 Apr 2025	₺418.1b	₺554.6b	₺21.0b	23.8x	19.9x	0.8x
Fri, 14 Mar 2025	₺469.4b	₺548.1b	₺21.1b	26x	22.3x	0.9x
Sun, 09 Feb 2025	₺439.4b	₺501.3b	₺34.4b	20.2x	12.8x	0.9x
Tue, 07 Jan 2025	₺469.3b	₺501.3b	₺34.4b	18.7x	13.6x	0.9x
Thu, 05 Dec 2024	₺470.3b	₺501.3b	₺34.4b	17.3x	13.7x	0.9x
Sat, 02 Nov 2024	₺438.0b	₺501.4b	₺37.4b	26x	11.7x	0.9x
Mon, 30 Sep 2024	₺460.2b	₺489.1b	₺36.8b	29.9x	12.5x	0.9x
Wed, 28 Aug 2024	₺419.1b	₺492.8b	₺36.0b	23.1x	11.6x	0.9x
Fri, 26 Jul 2024	₺498.8b	₺467.5b	₺25.3b	23.3x	19.7x	1.1x
Sun, 23 Jun 2024	₺497.5b	₺467.5b	₺25.3b	26.4x	19.7x	1.1x
Tue, 21 May 2024	₺486.1b	₺457.5b	₺27.0b	17.6x	18x	1.1x
Thu, 18 Apr 2024	₺431.3b	₺381.7b	₺15.9b	25.6x	27.1x	1.1x
Sat, 16 Mar 2024	₺464.3b	₺378.2b	₺16.2b	25.5x	28.7x	1.2x
Mon, 12 Feb 2024	₺475.0b	₺318.7b	₺5.8b	18.7x	81.3x	1.5x
Wed, 10 Jan 2024	₺421.8b	₺318.7b	₺5.8b	11.2x	72.1x	1.3x
Fri, 08 Dec 2023	₺417.2b	₺318.7b	₺5.8b	13.4x	71.4x	1.3x
Sun, 05 Nov 2023	₺446.2b	₺312.6b	₺5.8b	15.9x	76.9x	1.4x
Tue, 03 Oct 2023	₺474.8b	₺300.7b	₺7.4b	19.2x	64.3x	1.6x
Thu, 31 Aug 2023	₺448.2b	₺300.7b	₺7.4b	16x	60.7x	1.5x
Sat, 29 Jul 2023	₺363.7b	₺295.0b	₺24.2b	11.8x	15x	1.2x
Mon, 26 Jun 2023	₺327.6b	₺295.0b	₺24.2b	10.9x	13.5x	1.1x
Wed, 24 May 2023	₺264.1b	₺295.0b	₺24.2b	8.7x	10.9x	0.9x
Fri, 21 Apr 2023	₺288.9b	₺291.4b	₺32.5b	8.1x	8.9x	1x

Price to Earnings Ratio

8.9x

Fri, 21 Apr 2023

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 169x which is higher than its 3-year average PE of 40.3x.

The 3-year average PS ratio of 1.2x is higher than the industry's current PS ratio of 0.90x.

Past Earnings Growth

The earnings for companies in the Steel industry have declined 53% per year over the last three years.
Meanwhile revenues for these companies have grown 30% 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 Market	4.10%
Materials	2.82%
Metals and Mining	3.35%
Steel	3.70%
Diversified Metals and Mining	7.52%
Gold	-0.86%

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	₺31.46	9.1% +₺18.3b	44.3%	PE430.3x
BRSAN Borusan Birlesik Boru Fabrikalari Sanayi ve Ticaret	₺568.50	10.8% +₺7.9b	51.8%	PE63.4x
ISDMR Iskenderun Demir ve Çelik	₺43.90	5.0% +₺6.1b	26.9%	PE20.8x
KRDMD Kardemir Karabük Demir Çelik Sanayi Ve Ticaret	₺35.40	5.9% +₺2.2b	37.7%	PS0.6x
KCAER Kocaer Celik Sanayi ve Ticaret Anonim Sirketi	₺11.48	4.6% +₺957.5m	-4.5%	PE46.4x