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Turkish (BIST) Tech Sector Analysis

UpdatedDec 25, 2025
DataAggregated Company Financials
Companies34
  • 7D-1.4%
  • 3M-8.7%
  • 1Y-1.7%
  • YTD-5.7%

Over the last 7 days, the Tech industry has dropped 1.4%, driven by a pullback from Smart Günes Enerjisi Teknolojileri Arastirma ve Gelistirme Üretim Sanayi ve Ticaret of 8.8%. Meanwhile, Pasifik Teknoloji actually outperformed within the industry, gaining 8.5% in the last week. As for the longer term, the industry's performance has been flat for the past year. 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
Thu, 25 Dec 2025₺254.1b₺279.6b₺6.8b21.5x37.4x0.9x
Sat, 22 Nov 2025₺256.2b₺277.2b₺8.1b24.3x31.6x0.9x
Mon, 20 Oct 2025₺247.5b₺265.0b₺5.7b23.2x43.8x0.9x
Wed, 17 Sep 2025₺282.5b₺266.6b₺5.6b32.1x50.8x1.1x
Fri, 15 Aug 2025₺264.2b₺256.8b₺4.9b28.2x53.8x1x
Sun, 13 Jul 2025₺243.1b₺255.8b₺4.9b22.8x49.6x1x
Tue, 10 Jun 2025₺234.2b₺255.8b₺4.9b22.2x47.8x0.9x
Thu, 08 May 2025₺230.6b₺255.8b₺5.9b31.9x38.9x0.9x
Sat, 05 Apr 2025₺245.5b₺255.9b₺6.0b31.1x41.2x1x
Mon, 03 Mar 2025₺243.3b₺200.3b₺6.4b42.1x38.3x1.2x
Wed, 29 Jan 2025₺233.9b₺189.5b₺3.8b51.8x61x1.2x
Fri, 27 Dec 2024₺230.3b₺189.5b₺3.8b47.4x60.1x1.2x
Sun, 24 Nov 2024₺214.9b₺196.6b₺3.5b40.7x61.7x1.1x
Tue, 22 Oct 2024₺202.1b₺192.7b₺4.2b35.3x48.1x1x
Thu, 19 Sep 2024₺229.0b₺196.3b₺6.7b36.4x34.4x1.2x
Sat, 17 Aug 2024₺256.5b₺203.2b₺7.0b36.4x36.5x1.3x
Mon, 15 Jul 2024₺272.5b₺199.6b₺7.2b36x38x1.4x
Wed, 12 Jun 2024₺313.3b₺199.7b₺7.4b31x42.5x1.6x
Fri, 10 May 2024₺315.6b₺170.0b₺8.5b38.4x37x1.9x
Sun, 07 Apr 2024₺308.4b₺158.7b₺8.1b35.7x38x1.9x
Tue, 05 Mar 2024₺370.3b₺143.1b₺8.7b39.2x42.7x2.6x
Thu, 01 Feb 2024₺263.0b₺140.3b₺8.9b28.9x29.6x1.9x
Sat, 30 Dec 2023₺204.8b₺140.7b₺8.9b22.9x22.9x1.5x
Mon, 27 Nov 2023₺256.4b₺140.7b₺8.9b30.2x28.7x1.8x
Wed, 25 Oct 2023₺235.3b₺119.1b₺7.6b26.4x31.1x2x
Fri, 22 Sep 2023₺240.3b₺118.8b₺7.5b19.8x32x2x
Sun, 20 Aug 2023₺203.5b₺116.7b₺7.0b20.1x29x1.7x
Tue, 18 Jul 2023₺154.1b₺103.3b₺6.1b17.2x25.3x1.5x
Thu, 15 Jun 2023₺114.8b₺102.6b₺5.9b13.3x19.5x1.1x
Sat, 13 May 2023₺98.3b₺102.5b₺5.9b11.4x16.7x1x
Mon, 10 Apr 2023₺100.9b₺88.3b₺5.3b14.2x18.9x1.1x
Wed, 08 Mar 2023₺107.3b₺73.4b₺2.9b16.3x37.2x1.5x
Fri, 03 Feb 2023₺93.9b₺64.1b₺2.7b15.4x35.3x1.5x
Sun, 01 Jan 2023₺121.6b₺63.9b₺2.5b22.3x47.9x1.9x
Price to Earnings Ratio

47.9x


Total Market Cap: ₺121.6bTotal Earnings: ₺2.5bTotal Revenue: ₺63.9bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Tech Sector Price to Earnings3Y Average 40x202320242025
Current Industry PE
  • Investors are relatively neutral on the Turkish Information Technology industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 40.0x.
  • The 3-year average PS ratio of 1.4x is higher than the industry's current PS ratio of 0.91x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 39% per year over the last three years.
  • Revenues for these companies have grown 64% 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 Market0.33%
Tech-1.40%
IT3.89%
Tech Hardware-1.07%
Software-2.17%
Communications-2.77%
Electronic Equipment and Components-3.17%
Semiconductors-4.06%
Industry PE
  • Investors are most optimistic about the IT industry, which is trading close to its 3-year average PE ratio of 31.4x.
    • 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
PATEK Pasifik Teknoloji₺28.3213.3%
+₺2.0b
39.7%PE18x
ODINE Odine Solutions Teknoloji Ticaret ve Sanayi₺293.754.1%
+₺1.3b
136.1%PE90.5x
MANAS Manas Enerji Yonetimi Sanayi Ve Ticaret Anonim Sirketi₺16.9914.1%
+₺347.6m
86.7%PS6.2x
FORTE Forte Bilgi Iletisim Teknolojileri ve Savunma Sanayi₺83.753.8%
+₺207.7m
58.2%PE3x
VBTYZ VBT Yazilim Anonim Sirketi₺17.659.5%
+₺179.0m
-26.8%PS1.7x

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