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Turkish (BIST) Tech Sector Analysis

UpdatedSep 16, 2025
DataAggregated Company Financials
Companies34
  • 7D6.9%
  • 3M27.6%
  • 1Y12.1%
  • YTD9.4%

Over the last 7 days, the Tech industry has dropped 4.1%, driven by declines in Ingram Micro Bilisim Sistemleri Anonim Sirketi and Hitit Bilgisayar Hizmetleri of 6.5% and 4.9%, respectively. In contrast, Plastikkart Akilli Kart Iletisim Sistemleri Sanayi ve Ticaret has gained 15%. Overall the industry is down 4.5% in 12 months. Looking forward, earnings are forecast to grow by 15% annually.

Sector Valuation and Performance

Has the Turkish Tech Sector valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 16 Sep 2025₺471.7b₺266.7b₺5.6b31.2x84.9x1.8x
Thu, 14 Aug 2025₺263.9b₺256.8b₺4.9b26.4x53.8x1x
Sat, 12 Jul 2025₺242.9b₺255.8b₺4.9b22.7x49.5x0.9x
Mon, 09 Jun 2025₺234.2b₺255.8b₺4.9b22.2x47.8x0.9x
Wed, 07 May 2025₺232.8b₺255.8b₺5.9b32.3x39.3x0.9x
Fri, 04 Apr 2025₺249.4b₺255.9b₺6.0b31.5x41.9x1x
Sun, 02 Mar 2025₺243.3b₺200.3b₺6.4b42.1x38.3x1.2x
Tue, 28 Jan 2025₺237.1b₺189.5b₺3.8b52.4x61.9x1.3x
Thu, 26 Dec 2024₺228.6b₺189.5b₺3.8b47.1x59.7x1.2x
Sat, 23 Nov 2024₺214.9b₺196.8b₺3.4b41.2x62.7x1.1x
Mon, 21 Oct 2024₺203.9b₺192.7b₺4.2b36.7x48.5x1.1x
Wed, 18 Sep 2024₺232.6b₺196.3b₺6.7b36.9x34.9x1.2x
Fri, 16 Aug 2024₺260.4b₺203.2b₺7.0b37.2x37.1x1.3x
Sun, 14 Jul 2024₺272.5b₺199.6b₺7.2b36x38x1.4x
Tue, 11 Jun 2024₺322.7b₺199.7b₺7.4b32x43.7x1.6x
Thu, 09 May 2024₺320.7b₺9.6t₺243.2b37.9x1.3x0.03x
Sat, 06 Apr 2024₺308.4b₺158.7b₺8.1b35.7x38x1.9x
Mon, 04 Mar 2024₺380.3b₺143.1b₺8.7b41.1x43.8x2.7x
Wed, 31 Jan 2024₺261.1b₺140.3b₺8.9b28.8x29.4x1.9x
Fri, 29 Dec 2023₺199.9b₺140.7b₺8.9b22.6x22.4x1.4x
Sun, 26 Nov 2023₺256.4b₺140.7b₺8.9b30.2x28.7x1.8x
Tue, 24 Oct 2023₺235.3b₺119.1b₺7.6b24.8x31.1x2x
Thu, 21 Sep 2023₺218.9b₺117.6b₺7.0b19.1x31.1x1.9x
Sat, 19 Aug 2023₺203.4b₺115.2b₺6.5b20.9x31.2x1.8x
Mon, 17 Jul 2023₺147.4b₺103.3b₺6.1b16.3x24.2x1.4x
Wed, 14 Jun 2023₺134.7b₺107.3b₺6.8b13.8x19.8x1.3x
Fri, 12 May 2023₺98.6b₺98.4b₺5.8b11.1x17x1x
Sun, 09 Apr 2023₺100.9b₺88.3b₺5.3b14.2x18.9x1.1x
Tue, 07 Mar 2023₺107.5b₺73.3b₺2.8b16.4x37.8x1.5x
Thu, 02 Feb 2023₺95.7b₺64.1b₺2.7b16.3x36x1.5x
Sat, 31 Dec 2022₺120.5b₺63.9b₺2.5b22.3x47.5x1.9x
Mon, 28 Nov 2022₺123.9b₺62.3b₺2.5b20.3x49.2x2x
Wed, 26 Oct 2022₺93.7b₺51.9b₺2.0b17.1x46x1.8x
Fri, 23 Sep 2022₺60.5b₺50.8b₺1.9b13.7x32.2x1.2x
Price to Earnings Ratio

32.2x


Total Market Cap: ₺60.5bTotal Earnings: ₺1.9bTotal Revenue: ₺50.8bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Tech Sector Price to Earnings3Y Average 40x202320242025
Current Industry PE
  • Investors are optimistic on the Turkish Information Technology industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 46.5x which is higher than its 3-year average PE of 40.0x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 0.97x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 44% per year over the last three years.
  • Revenues for these companies have grown 74% per year.
  • This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.

Industry Trends

Which industries have driven the changes within the Turkish Tech sector?

TR Market4.84%
Tech6.91%
Tech Hardware14.67%
Communications5.80%
IT2.21%
Software1.60%
Semiconductors1.55%
Electronic Equipment and Components-1.56%
Industry PE
  • Investors are most optimistic about the Electronic Equipment and Components industry which is trading above its 3-year average PE ratio.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
Forecasted Growth
  • Analysts are most optimistic on the Software industry, expecting annual earnings growth of 15% over the next 5 years.
  • In contrast, the Software industry is expected to see its earnings grow by 15% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
PKART Plastikkart Akilli Kart Iletisim Sistemleri Sanayi ve Ticaret₺88.8014.1%
+₺25.0b
29.2%PE18409.3x
ATATP ATP Yazilim ve Teknoloji Anonim Sirketi₺139.808.8%
+₺1.1b
30.7%PE10.2x
LOGO Logo Yazilim Sanayi ve Ticaret₺178.006.7%
+₺1.1b
85.3%PE15.1x
KAREL Karel Elektronik Sanayi Ve Ticaret₺9.906.1%
+₺459.4m
-17.4%PS0.6x
ODINE Odine Solutions Teknoloji Ticaret ve Sanayi₺143.902.8%
+₺431.0m
62.2%PE43x

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