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Turkish (BIST) Tech Sector Analysis

UpdatedDec 06, 2025
DataAggregated Company Financials
Companies34
  • 7D5.9%
  • 3M-9.6%
  • 1Y1.8%
  • YTD-10.2%

In the last week, the Tech industry is up 5.9%, with Arena Bilgisayar Sanayi ve Ticaret up 6.8%. Meanwhile, Hitit Bilgisayar Hizmetleri actually underperformed within the industry, shrinking 7.4% in the last week. Overall in the last year, the industry is flat. Looking forward, earnings are forecast to grow by 7.6% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Sun, 07 Dec 2025₺533.5b₺278.7b₺7.0b22.4x75.7x1.9x
Tue, 04 Nov 2025₺270.7b₺266.2b₺5.5b28.3x48.9x1x
Thu, 02 Oct 2025₺270.3b₺265.0b₺5.7b24.6x47.8x1x
Sat, 30 Aug 2025₺274.3b₺263.7b₺5.1b32.4x54.3x1x
Mon, 28 Jul 2025₺257.7b₺256.7b₺4.9b24.2x52.8x1x
Wed, 25 Jun 2025₺221.5b₺255.8b₺4.9b21x45.2x0.9x
Fri, 23 May 2025₺238.7b₺255.4b₺6.4b21.7x37.1x0.9x
Sun, 20 Apr 2025₺239.1b₺255.9b₺6.0b33.2x40.2x0.9x
Tue, 18 Mar 2025₺255.9b₺255.9b₺6.0b28.8x43x1x
Thu, 13 Feb 2025₺221.3b₺189.5b₺3.8b47x57.8x1.2x
Sat, 11 Jan 2025₺235.1b₺189.5b₺3.8b47x61.4x1.2x
Mon, 09 Dec 2024₺225.9b₺189.5b₺3.8b45.9x59x1.2x
Wed, 06 Nov 2024₺211.3b₺193.0b₺4.3b40.2x49.6x1.1x
Fri, 04 Oct 2024₺206.1b₺200.8b₺4.2b37.5x49.3x1x
Sun, 01 Sep 2024₺249.2b₺203.2b₺7.0b37.4x35.6x1.2x
Tue, 30 Jul 2024₺284.8b₺199.6b₺7.2b35.3x39.8x1.4x
Thu, 27 Jun 2024₺268.1b₺199.5b₺7.2b33.6x37.4x1.3x
Sat, 25 May 2024₺290.0b₺198.3b₺6.9b36.8x42.1x1.5x
Mon, 22 Apr 2024₺319.2b₺158.7b₺8.1b39.8x39.3x2x
Wed, 20 Mar 2024₺328.7b₺149.5b₺8.3b36.6x39.7x2.2x
Fri, 16 Feb 2024₺324.7b₺143.3b₺9.0b35.3x36.2x2.3x
Sun, 14 Jan 2024₺228.7b₺140.3b₺8.9b25.5x25.8x1.6x
Tue, 12 Dec 2023₺230.4b₺140.7b₺8.9b27.1x25.8x1.6x
Thu, 09 Nov 2023₺244.4b₺128.2b₺7.8b27.2x31.2x1.9x
Sat, 07 Oct 2023₺259.4b₺118.8b₺7.5b30x34.5x2.2x
Mon, 04 Sep 2023₺219.6b₺117.6b₺7.0b19.8x31.3x1.9x
Wed, 02 Aug 2023₺194.6b₺103.4b₺6.1b17.1x32x1.9x
Fri, 30 Jun 2023₺125.4b₺102.9b₺6.0b13.4x20.9x1.2x
Sun, 28 May 2023₺112.9b₺107.3b₺6.8b11.9x16.7x1.1x
Tue, 25 Apr 2023₺99.5b₺88.4b₺5.3b14.3x18.7x1.1x
Thu, 23 Mar 2023₺105.2b₺88.3b₺5.3b15.1x19.7x1.2x
Sat, 18 Feb 2023₺91.6b₺64.1b₺2.7b14.8x34.5x1.4x
Mon, 16 Jan 2023₺104.3b₺63.9b₺2.5b18.4x41.1x1.6x
Wed, 14 Dec 2022₺122.6b₺63.9b₺2.5b22.1x48.3x1.9x
Price to Earnings Ratio

48.3x


Total Market Cap: ₺122.6bTotal Earnings: ₺2.5bTotal Revenue: ₺63.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Tech Sector Price to Earnings3Y Average 40.2x202320242025
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 75.7x which is higher than its 3-year average PE of 40.2x.
  • The 3-year average PS ratio of 1.5x is lower than the industry's current PS ratio of 1.9x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 41% 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 Trends

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

TR Market1.68%
Tech5.86%
IT9.60%
Semiconductors6.20%
Electronic Equipment and Components6.19%
Software3.25%
Communications1.30%
Tech Hardware-0.90%
Industry PE
  • Investors are most optimistic about the IT industry, which is trading close to its 3-year average PE ratio of 31.2x.
    • 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 7.6% over the next 5 years.
  • In contrast, the Software industry is expected to see its earnings grow by 7.6% 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
ODINE Odine Solutions Teknoloji Ticaret ve Sanayi₺264.5016.5%
+₺4.1b
145.4%PE81.5x
SMRTG Smart Günes Enerjisi Teknolojileri Arastirma ve Gelistirme Üretim Sanayi ve Ticaret₺28.1012.4%
+₺1.9b
-28.8%PS1.9x
KLYPV Kalyon Günes Teknolojileri Üretim₺56.206.2%
+₺1.4b
n/aPE8.2x
LINK Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret₺264.2527.5%
+₺1.2b
-52.3%PE14.2x
MIATK MIA Teknoloji Anonim Sirketi₺37.327.2%
+₺1.2b
-20.0%PE22.8x

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