Have your own idea? Try our Stock Screener
Turkish (BIST) Tech Sector Analysis
UpdatedFeb 22, 2025
DataAggregated Company Financials
Companies34
- 7D-3.3%
- 3M0.06%
- 1Y-45.0%
- YTD-7.5%
The Tech is pretty flat in the last 7 days, but Arena Bilgisayar Sanayi ve Ticaret has stood out, gaining 17%. As for the longer term, the industry has declined 42% in the last year. Looking forward, earnings are forecast to grow by 61% 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 |
|---|---|---|---|---|---|---|
| Sat, 22 Feb 2025 | ₺243.6b | ₺199.8b | ₺6.3b | 45.9x | 38.4x | 1.2x |
| Mon, 20 Jan 2025 | ₺235.3b | ₺189.5b | ₺3.8b | 45.5x | 61.4x | 1.2x |
| Wed, 18 Dec 2024 | ₺233.1b | ₺189.5b | ₺3.8b | 46.6x | 60.8x | 1.2x |
| Fri, 15 Nov 2024 | ₺198.2b | ₺195.3b | ₺2.5b | 43.3x | 80.9x | 1x |
| Sun, 13 Oct 2024 | ₺201.7b | ₺192.7b | ₺4.2b | 34.7x | 48x | 1x |
| Tue, 10 Sep 2024 | ₺240.0b | ₺195.9b | ₺6.8b | 37.3x | 35.3x | 1.2x |
| Thu, 08 Aug 2024 | ₺263.6b | ₺199.6b | ₺7.2b | 34.7x | 36.8x | 1.3x |
| Sat, 06 Jul 2024 | ₺263.0b | ₺199.6b | ₺7.2b | 33.6x | 36.7x | 1.3x |
| Mon, 03 Jun 2024 | ₺266.3b | ₺198.3b | ₺6.9b | 33.6x | 38.6x | 1.3x |
| Wed, 01 May 2024 | ₺315.6b | ₺158.7b | ₺8.1b | 38.4x | 38.9x | 2x |
| Fri, 29 Mar 2024 | ₺302.3b | ₺151.0b | ₺8.2b | 34.8x | 37.1x | 2x |
| Sun, 25 Feb 2024 | ₺362.3b | ₺143.3b | ₺9.0b | 40.1x | 40.4x | 2.5x |
| Tue, 23 Jan 2024 | ₺236.5b | ₺140.3b | ₺8.9b | 27.6x | 26.6x | 1.7x |
| Thu, 21 Dec 2023 | ₺215.9b | ₺140.7b | ₺8.9b | 24x | 24.2x | 1.5x |
| Sat, 18 Nov 2023 | ₺256.5b | ₺141.8b | ₺9.1b | 28.1x | 28.2x | 1.8x |
| Mon, 16 Oct 2023 | ₺238.6b | ₺119.1b | ₺7.6b | 25.7x | 31.5x | 2x |
| Wed, 13 Sep 2023 | ₺217.3b | ₺117.6b | ₺7.0b | 19.9x | 30.9x | 1.8x |
| Fri, 11 Aug 2023 | ₺202.1b | ₺108.5b | ₺6.4b | 19.1x | 31.4x | 1.9x |
| Sun, 09 Jul 2023 | ₺138.8b | ₺102.9b | ₺6.0b | 14.6x | 23.1x | 1.3x |
| Tue, 06 Jun 2023 | ₺125.3b | ₺107.3b | ₺6.8b | 13.9x | 18.6x | 1.2x |
| Thu, 04 May 2023 | ₺86.5b | ₺88.9b | ₺5.4b | 12.5x | 16.1x | 1x |
| Sat, 01 Apr 2023 | ₺96.6b | ₺88.3b | ₺5.3b | 14.4x | 18.1x | 1.1x |
| Mon, 27 Feb 2023 | ₺97.3b | ₺68.6b | ₺2.7b | 15.2x | 35.8x | 1.4x |
| Wed, 25 Jan 2023 | ₺108.5b | ₺64.1b | ₺2.7b | 16.8x | 40.8x | 1.7x |
| Fri, 23 Dec 2022 | ₺132.9b | ₺63.9b | ₺2.5b | 23.3x | 52.4x | 2.1x |
| Sun, 20 Nov 2022 | ₺119.7b | ₺62.0b | ₺2.5b | 18.4x | 48.2x | 1.9x |
| Tue, 18 Oct 2022 | ₺74.2b | ₺50.8b | ₺1.9b | 16.2x | 39.5x | 1.5x |
| Thu, 15 Sep 2022 | ₺55.3b | ₺50.8b | ₺1.9b | 12.6x | 29.4x | 1.1x |
| Sat, 13 Aug 2022 | ₺54.7b | ₺45.4b | ₺1.7b | 14.2x | 32.6x | 1.2x |
| Mon, 11 Jul 2022 | ₺50.5b | ₺43.0b | ₺1.6b | 13.9x | 30.7x | 1.2x |
| Wed, 08 Jun 2022 | ₺51.8b | ₺43.0b | ₺1.6b | 14.1x | 31.5x | 1.2x |
| Fri, 06 May 2022 | ₺44.4b | ₺38.0b | ₺1.4b | 19.3x | 32x | 1.2x |
| Sun, 03 Apr 2022 | ₺44.1b | ₺36.6b | ₺1.3b | 19x | 33.3x | 1.2x |
| Tue, 01 Mar 2022 | ₺39.2b | ₺37.2b | ₺1.0b | 16.1x | 37.7x | 1.1x |
Price to Earnings Ratio
37.7x
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 37.4x.
- The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.3x.
Past Earnings Growth
- The earnings for companies in the Information Technology industry have grown 84% per year over the last three years.
- Revenues for these companies have grown 75% 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 | -1.15% | |
| Tech | -3.30% | |
| Tech Hardware | 3.96% | |
| Electronic Equipment and Components | -0.94% | |
| Communications | -2.61% | |
| IT | -2.87% | |
| Software | -3.39% | |
| Semiconductors | -6.31% | |
Industry PE
- Investors are most optimistic about the IT industry which is trading above its 3-year average PE ratio of 24.8x.
- 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 61% over the next 5 years.
- However this is lower than its past earnings growth rate of 103% per year.
- In contrast, the Software industry is expected to see its earnings grow by 61% 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 | |
|---|---|---|---|---|---|
| ARENA Arena Bilgisayar Sanayi ve Ticaret | ₺45.00 | 17.5% +₺670.0m | -13.9% | PS0.1x | |
| REEDR Reeder Teknoloji Sanayi ve Ticaret Anonim Sirketi | ₺13.20 | 5.4% +₺646.0m | -78.3% | PS5.5x | |
| HTTBT Hitit Bilgisayar Hizmetleri | ₺39.46 | 5.3% +₺594.0m | 29.3% | PE49.8x | |
| ODINE Odine Solutions Teknoloji Ticaret ve Sanayi | ₺144.10 | 3.0% +₺464.1m | n/a | PE64.2x | |
| DESPC Despec Bilgisayar Pazarlama ve Ticaret Anonim Sirketi | ₺52.15 | 11.0% +₺118.5m | 2.7% | PE91.4x |