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Turkish (BIST) Tech Sector Analysis

UpdatedNov 11, 2025
DataAggregated Company Financials
Companies34
  • 7D-1.7%
  • 3M0.5%
  • 1Y9.2%
  • YTD-1.5%

Over the last 7 days, the Tech industry has dropped 1.7%, driven by Smart Günes Enerjisi Teknolojileri Arastirma ve Gelistirme Üretim Sanayi ve Ticaret declining 11%. Meanwhile, Odine Solutions Teknoloji Ticaret ve Sanayi actually outperformed within the industry, gaining 28% in the last week. In the past year, the industry has gained 9.2%. Earnings are forecast to grow by 7.3% annually.

Sector Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Thu, 13 Nov 2025₺272.7b₺274.0b₺6.1b26.3x44.7x1x
Sat, 11 Oct 2025₺260.3b₺265.0b₺5.7b24.6x46.1x1x
Mon, 08 Sep 2025₺272.7b₺266.9b₺5.0b30.6x54.1x1x
Wed, 06 Aug 2025₺265.0b₺256.7b₺4.9b26x54.3x1x
Fri, 04 Jul 2025₺237.2b₺255.8b₺4.9b22.2x48.4x0.9x
Sun, 01 Jun 2025₺222.6b₺256.0b₺5.1b21.2x43.6x0.9x
Tue, 29 Apr 2025₺231.6b₺255.9b₺6.0b28.3x38.9x0.9x
Thu, 27 Mar 2025₺244.5b₺255.9b₺6.0b30.8x41.1x1x
Sat, 22 Feb 2025₺243.6b₺199.8b₺6.3b45.9x38.4x1.2x
Mon, 20 Jan 2025₺235.3b₺189.5b₺3.8b45.5x61.4x1.2x
Wed, 18 Dec 2024₺233.1b₺189.5b₺3.8b46.6x60.8x1.2x
Fri, 15 Nov 2024₺198.2b₺195.3b₺2.5b43.3x80.9x1x
Sun, 13 Oct 2024₺201.7b₺192.7b₺4.2b34.7x48x1x
Tue, 10 Sep 2024₺240.0b₺195.9b₺6.8b37.3x35.3x1.2x
Thu, 08 Aug 2024₺263.6b₺199.6b₺7.2b34.7x36.8x1.3x
Sat, 06 Jul 2024₺263.0b₺199.6b₺7.2b33.6x36.7x1.3x
Mon, 03 Jun 2024₺266.3b₺198.3b₺6.9b33.6x38.6x1.3x
Wed, 01 May 2024₺315.6b₺158.7b₺8.1b38.4x38.9x2x
Fri, 29 Mar 2024₺302.3b₺151.0b₺8.2b34.8x37.1x2x
Sun, 25 Feb 2024₺362.3b₺143.3b₺9.0b40.1x40.4x2.5x
Tue, 23 Jan 2024₺236.5b₺140.3b₺8.9b27.6x26.6x1.7x
Thu, 21 Dec 2023₺215.9b₺140.7b₺8.9b24x24.2x1.5x
Sat, 18 Nov 2023₺256.5b₺141.8b₺9.1b28.1x28.2x1.8x
Mon, 16 Oct 2023₺238.6b₺119.1b₺7.6b25.7x31.5x2x
Wed, 13 Sep 2023₺217.3b₺117.6b₺7.0b19.9x30.9x1.8x
Fri, 11 Aug 2023₺202.1b₺108.5b₺6.4b19.1x31.4x1.9x
Sun, 09 Jul 2023₺138.8b₺102.9b₺6.0b14.6x23.1x1.3x
Tue, 06 Jun 2023₺125.3b₺107.3b₺6.8b13.9x18.6x1.2x
Thu, 04 May 2023₺86.5b₺88.9b₺5.4b12.5x16.1x1x
Sat, 01 Apr 2023₺96.6b₺88.3b₺5.3b14.4x18.1x1.1x
Mon, 27 Feb 2023₺97.3b₺68.6b₺2.7b15.2x35.8x1.4x
Wed, 25 Jan 2023₺108.5b₺64.1b₺2.7b16.8x40.8x1.7x
Fri, 23 Dec 2022₺132.9b₺63.9b₺2.5b23.3x52.4x2.1x
Sun, 20 Nov 2022₺119.7b₺62.0b₺2.5b18.4x48.2x1.9x
Price to Earnings Ratio

48.2x


Total Market Cap: ₺119.7bTotal Earnings: ₺2.5bTotal Revenue: ₺62.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish Tech Sector Price to Earnings3Y Average 40.5x202320242025
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 44.7x which is higher than its 3-year average PE of 40.5x.
  • The 3-year average PS ratio of 1.5x is higher than the industry's current PS ratio of 1.00x.
Past Earnings Growth
  • The earnings for companies in the Information Technology industry have grown 35% 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 Market-4.64%
Tech-1.70%
IT9.54%
Software-1.32%
Communications-1.58%
Tech Hardware-2.35%
Semiconductors-6.40%
Electronic Equipment and Components-8.51%
Industry PE
  • Investors are most optimistic about the IT industry, which is trading close to its 3-year average PE ratio of 31.1x.
    • 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 7.3% over the next 5 years.
  • In contrast, the Software industry is expected to see its earnings grow by 7.3% 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₺298.0028.4%
+₺7.3b
207.2%PE89x
ATATP ATP Yazilim ve Teknoloji Anonim Sirketi₺159.6018.4%
+₺2.3b
63.5%PE8.7x
MANAS Manas Enerji Yonetimi Sanayi Ve Ticaret Anonim Sirketi₺11.8060.5%
+₺736.6m
-28.5%PS4x
KAREL Karel Elektronik Sanayi Ve Ticaret₺10.535.3%
+₺427.1m
19.7%PS0.6x
EDATA E-Data Teknoloji Pazarlama Anonim Sirketi₺5.850.2%
+₺4.2m
30.5%PS1.4x

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