Have your own idea? Try our Stock Screener
Turkish (BIST) Tech Sector Analysis
UpdatedNov 21, 2024
DataAggregated Company Financials
Companies33
- 7D-1.5%
- 3M-16.2%
- 1Y-29.9%
- YTD-9.2%
The Tech is pretty flat in the last 7 days, but Odine Solutions Teknoloji Ticaret ve Sanayi has stood out, gaining 16%. As for the longer term, the industry has declined 26% in the last year. Earnings are forecast to grow by 95% 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 |
|---|---|---|---|---|---|---|
| Thu, 21 Nov 2024 | ₺211.8b | ₺197.1b | ₺3.4b | 41x | 61.7x | 1.1x |
| Sat, 19 Oct 2024 | ₺203.9b | ₺192.7b | ₺4.2b | 36.7x | 48.5x | 1.1x |
| Mon, 16 Sep 2024 | ₺234.0b | ₺196.3b | ₺6.7b | 35x | 35.1x | 1.2x |
| Wed, 14 Aug 2024 | ₺256.6b | ₺202.0b | ₺7.0b | 35.2x | 36.9x | 1.3x |
| Fri, 12 Jul 2024 | ₺269.5b | ₺199.6b | ₺7.2b | 35.8x | 37.6x | 1.4x |
| Sun, 09 Jun 2024 | ₺322.7b | ₺199.7b | ₺7.4b | 33.2x | 43.7x | 1.6x |
| Tue, 07 May 2024 | ₺326.4b | ₺161.6b | ₺8.3b | 37.5x | 39.5x | 2x |
| Thu, 04 Apr 2024 | ₺304.5b | ₺158.7b | ₺8.1b | 35.3x | 37.5x | 1.9x |
| Sat, 02 Mar 2024 | ₺380.3b | ₺143.3b | ₺9.0b | 39x | 42.4x | 2.7x |
| Mon, 29 Jan 2024 | ₺248.9b | ₺140.3b | ₺8.9b | 27.7x | 28x | 1.8x |
| Wed, 27 Dec 2023 | ₺197.3b | ₺140.7b | ₺8.9b | 22.7x | 22.1x | 1.4x |
| Fri, 24 Nov 2023 | ₺255.8b | ₺140.7b | ₺8.9b | 29.6x | 28.6x | 1.8x |
| Sun, 22 Oct 2023 | ₺226.2b | ₺119.1b | ₺7.6b | 24x | 29.9x | 1.9x |
| Tue, 19 Sep 2023 | ₺209.4b | ₺117.6b | ₺7.0b | 19.2x | 29.8x | 1.8x |
| Thu, 17 Aug 2023 | ₺200.6b | ₺110.1b | ₺6.5b | 22x | 31x | 1.8x |
| Sat, 15 Jul 2023 | ₺147.4b | ₺103.3b | ₺6.1b | 16.3x | 24.2x | 1.4x |
| Mon, 12 Jun 2023 | ₺130.4b | ₺107.3b | ₺6.8b | 13.8x | 19.2x | 1.2x |
| Wed, 10 May 2023 | ₺98.0b | ₺93.9b | ₺5.7b | 11.3x | 17.3x | 1x |
| Fri, 07 Apr 2023 | ₺100.3b | ₺88.3b | ₺5.3b | 14.1x | 18.8x | 1.1x |
| Sun, 05 Mar 2023 | ₺106.5b | ₺73.0b | ₺2.5b | 15.8x | 42.3x | 1.5x |
| Tue, 31 Jan 2023 | ₺102.1b | ₺64.1b | ₺2.7b | 17.9x | 38.4x | 1.6x |
| Thu, 29 Dec 2022 | ₺119.3b | ₺63.9b | ₺2.5b | 22x | 47x | 1.9x |
| Sat, 26 Nov 2022 | ₺123.9b | ₺62.3b | ₺2.5b | 20.3x | 49.2x | 2x |
| Mon, 24 Oct 2022 | ₺71.3b | ₺51.9b | ₺2.0b | 17.3x | 35x | 1.4x |
| Wed, 21 Sep 2022 | ₺57.7b | ₺50.8b | ₺1.9b | 13.6x | 30.7x | 1.1x |
| Fri, 19 Aug 2022 | ₺55.0b | ₺46.9b | ₺1.8b | 12.9x | 31.4x | 1.2x |
| Sun, 17 Jul 2022 | ₺51.2b | ₺43.0b | ₺1.6b | 14.3x | 31.1x | 1.2x |
| Tue, 14 Jun 2022 | ₺49.5b | ₺43.0b | ₺1.6b | 13.6x | 30.1x | 1.2x |
| Thu, 12 May 2022 | ₺44.7b | ₺38.0b | ₺1.4b | 15.8x | 31.5x | 1.2x |
| Sat, 09 Apr 2022 | ₺43.7b | ₺36.7b | ₺1.4b | 19.6x | 31.7x | 1.2x |
| Mon, 07 Mar 2022 | ₺42.1b | ₺38.1b | ₺1.4b | 15.9x | 30.8x | 1.1x |
| Wed, 02 Feb 2022 | ₺42.5b | ₺36.4b | ₺923.0m | 23.3x | 46x | 1.2x |
| Fri, 31 Dec 2021 | ₺42.2b | ₺36.4b | ₺923.0m | 20.4x | 45.7x | 1.2x |
| Sun, 28 Nov 2021 | ₺39.7b | ₺36.4b | ₺923.0m | 23.2x | 43x | 1.1x |
Price to Earnings Ratio
43x
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 62.4x which is higher than its 3-year average PE of 36.3x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 55% per year over the last three years.
- Revenues for these companies have grown 76% 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 | -1.68% | |
| Tech | -1.52% | |
| IT | 5.61% | |
| Electronic Equipment and Components | -2.21% | |
| Semiconductors | -2.39% | |
| Communications | -3.01% | |
| Software | -3.17% | |
| Tech Hardware | -4.55% | |
Industry PE
- Investors are most optimistic about the Semiconductors industry which is trading above its 3-year average PE ratio of 54.3x.
- 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 95% over the next 5 years.
- This is better than its past earnings growth rate of 76% per year.
- In contrast, the Software industry is expected to see its earnings grow by 95% 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 | ₺112.50 | 16.0% +₺1.7b | n/a | PE50.1x | |
| PATEK Pasifik Teknoloji | ₺90.30 | 2.8% +₺335.0m | n/a | PS12.5x | |
| ARDYZ Ard Grup Bilisim Teknolojileri Anonim Sirketi | ₺34.86 | 3.4% +₺193.8m | 23.4% | PE53.4x | |
| LINK Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret | ₺498.00 | 1.0% +₺52.2m | 138.6% | PE176.9x | |
| KRONT Kron Teknoloji | ₺21.88 | 1.7% +₺30.8m | 36.1% | PE128x |