Turkish (BIST) Tech Sector Analysis
UpdatedJul 26, 2024
DataAggregated Company Financials
Companies34
- 7D1.2%
- 3M-12.1%
- 1Y22.3%
- YTD20.7%
Over the last 7 days, the Tech industry has risen 4.8%, driven by gains from Odine Solutions Teknoloji Ticaret ve Sanayi of 21%. This means that the industry has gained 25% over the past year. Earnings are forecast to grow by 83% annually.
Sector Valuation and Performance
Has the Turkish Tech Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Fri, 26 Jul 2024 | ₺279.1b | ₺199.6b | ₺7.2b | 36x | 39x | 1.4x |
| Sun, 23 Jun 2024 | ₺284.4b | ₺199.8b | ₺7.2b | 36.2x | 39.7x | 1.4x |
| Tue, 21 May 2024 | ₺298.8b | ₺195.3b | ₺7.5b | 34.8x | 39.7x | 1.5x |
| Thu, 18 Apr 2024 | ₺315.9b | ₺158.7b | ₺8.1b | 38.6x | 38.9x | 2x |
| Sat, 16 Mar 2024 | ₺331.8b | ₺149.5b | ₺8.3b | 38.9x | 40.1x | 2.2x |
| Mon, 12 Feb 2024 | ₺308.8b | ₺140.3b | ₺8.9b | 33.1x | 34.8x | 2.2x |
| Wed, 10 Jan 2024 | ₺223.2b | ₺140.3b | ₺8.9b | 24.2x | 25.1x | 1.6x |
| Fri, 08 Dec 2023 | ₺240.2b | ₺140.7b | ₺8.9b | 28.6x | 26.9x | 1.7x |
| Sun, 05 Nov 2023 | ₺238.3b | ₺123.1b | ₺7.6b | 26.4x | 31.3x | 1.9x |
| Tue, 03 Oct 2023 | ₺250.2b | ₺118.8b | ₺7.5b | 25.5x | 33.3x | 2.1x |
| Thu, 31 Aug 2023 | ₺203.5b | ₺117.5b | ₺7.0b | 19.5x | 29x | 1.7x |
| Sat, 29 Jul 2023 | ₺180.6b | ₺103.3b | ₺6.1b | 18x | 29.7x | 1.7x |
| Mon, 26 Jun 2023 | ₺120.3b | ₺102.9b | ₺6.0b | 13.2x | 20x | 1.2x |
| Wed, 24 May 2023 | ₺105.6b | ₺107.3b | ₺6.8b | 11.8x | 15.6x | 1x |
| Fri, 21 Apr 2023 | ₺99.4b | ₺88.3b | ₺5.3b | 14.3x | 18.6x | 1.1x |
| Sun, 19 Mar 2023 | ₺108.5b | ₺88.3b | ₺5.3b | 14.9x | 20.3x | 1.2x |
| Tue, 14 Feb 2023 | ₺84.2b | ₺64.1b | ₺2.7b | 13x | 31.8x | 1.3x |
| Thu, 12 Jan 2023 | ₺101.0b | ₺63.9b | ₺2.5b | 17.5x | 39.8x | 1.6x |
| Sat, 10 Dec 2022 | ₺134.2b | ₺62.3b | ₺2.5b | 20.9x | 53.3x | 2.2x |
| Mon, 07 Nov 2022 | ₺100.0b | ₺56.6b | ₺2.1b | 17.3x | 47.2x | 1.8x |
| Wed, 05 Oct 2022 | ₺65.9b | ₺50.8b | ₺1.9b | 13.6x | 35.1x | 1.3x |
| Fri, 02 Sep 2022 | ₺58.4b | ₺50.7b | ₺1.8b | 13.3x | 31.6x | 1.2x |
| Sun, 31 Jul 2022 | ₺53.2b | ₺43.0b | ₺1.6b | 15.1x | 32.3x | 1.2x |
| Tue, 28 Jun 2022 | ₺51.1b | ₺43.0b | ₺1.6b | 13.9x | 31x | 1.2x |
| Thu, 26 May 2022 | ₺46.5b | ₺43.0b | ₺1.6b | 13.7x | 28.2x | 1.1x |
| Sat, 23 Apr 2022 | ₺44.3b | ₺36.7b | ₺1.4b | 20.6x | 32.1x | 1.2x |
| Mon, 21 Mar 2022 | ₺44.3b | ₺36.7b | ₺1.4b | 18.6x | 32.8x | 1.2x |
| Wed, 16 Feb 2022 | ₺41.7b | ₺36.4b | ₺923.0m | 22.5x | 45.2x | 1.1x |
| Fri, 14 Jan 2022 | ₺41.8b | ₺36.4b | ₺923.0m | 20.7x | 45.2x | 1.1x |
| Sun, 12 Dec 2021 | ₺45.7b | ₺36.4b | ₺923.0m | 24.3x | 49.5x | 1.3x |
| Tue, 09 Nov 2021 | ₺31.8b | ₺35.5b | ₺814.2m | 22x | 39.1x | 0.9x |
| Thu, 07 Oct 2021 | ₺28.3b | ₺35.3b | ₺801.7m | 22.2x | 35.4x | 0.8x |
| Sat, 04 Sep 2021 | ₺24.4b | ₺35.3b | ₺801.7m | 24.5x | 30.5x | 0.7x |
| Mon, 02 Aug 2021 | ₺20.7b | ₺35.3b | ₺801.7m | 23.4x | 25.8x | 0.6x |
Price to Earnings Ratio
25.8x
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 39.6x which is higher than its 3-year average PE of 35.1x.
- The industry is trading close to its 3-year average PS ratio of 1.5x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 108% per year over the last three years.
- Revenues for these companies have grown 78% 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 Market | -0.93% | |
| Tech | 1.20% | |
| IT | 6.71% | |
| Communications | 2.59% | |
| Electronic Equipment and Components | 1.36% | |
| Software | 0.58% | |
| Tech Hardware | -0.34% | |
| Semiconductors | -0.90% | |
Industry PE
- Investors are most optimistic about the Software industry which is trading above its 3-year average PE ratio of 29.8x.
- Analysts are expecting annual earnings growth of 82.6%, which is higher than its past year's earnings growth of 67.2% per year.
Forecasted Growth
- Analysts are most optimistic on the Software industry, expecting annual earnings growth of 83% over the next 5 years.
- This is better than its past earnings growth rate of 67% per year.
- In contrast, the Software industry is expected to see its earnings grow by 83% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ODINE Odine Solutions Teknoloji Ticaret ve Sanayi | ₺110.40 | 21.3% +₺2.1b | n/a | PE79.8x | |
| AZTEK Aztek Teknoloji Urunleri Ticaret Anonim Sirketi | ₺64.05 | 18.9% +₺1.0b | 39.1% | PE30.7x | |
| PATEK Pasifik Donanim ve Yazilim Bilgi Teknolojileri | ₺84.95 | 7.5% +₺790.6m | n/a | PE422.8x | |
| LOGO Logo Yazilim Sanayi ve Ticaret | ₺108.70 | 6.6% +₺670.0m | 31.4% | PE56.7x | |
| LINK Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret | ₺691.00 | 7.8% +₺550.0m | 919.9% | PE684.1x |