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Turkish (BIST) IT Industry Analysis

UpdatedMar 13, 2026
DataAggregated Company Financials
Companies6
  • 7D2.3%
  • 3M65.6%
  • 1Y129.5%
  • YTD63.5%

Over the last 7 days, the IT industry has remained flat, although notably Ard Grup Bilisim Teknolojileri Anonim Sirketi gained 4.0%. As for the the longer term, the industry is up 124% over the past 12 months.

Industry Valuation and Performance

Has the Turkish IT Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Fri, 13 Mar 2026₺105.5b₺14.3b₺2.4b21.1x44.7x7.4x
Sun, 08 Feb 2026₺70.8b₺10.2b₺1.9b31.2x37.4x7x
Tue, 06 Jan 2026₺59.8b₺10.2b₺1.9b14.2x31.5x5.9x
Thu, 04 Dec 2025₺54.7b₺10.2b₺1.9b15.2x28.9x5.4x
Sat, 01 Nov 2025₺52.2b₺9.8b₺1.2b52x42.5x5.3x
Mon, 29 Sep 2025₺46.3b₺9.8b₺1.2b44.1x37.7x4.7x
Wed, 27 Aug 2025₺43.0b₺9.9b₺1.1b23x38.8x4.3x
Fri, 25 Jul 2025₺41.3b₺9.9b₺1.1b19x37.2x4.2x
Sun, 22 Jun 2025₺29.7b₺9.9b₺1.1b13.7x26.8x3x
Tue, 20 May 2025₺29.9b₺9.2b₺853.6m17.5x35x3.2x
Thu, 17 Apr 2025₺31.7b₺9.3b₺853.6m21.2x37.1x3.4x
Sat, 15 Mar 2025₺39.7b₺9.3b₺853.6m25.4x46.5x4.3x
Mon, 10 Feb 2025₺40.2b₺6.4b₺581.3m55.3x69.1x6.3x
Wed, 08 Jan 2025₺39.9b₺6.4b₺581.3m51x68.6x6.2x
Fri, 06 Dec 2024₺36.7b₺6.4b₺581.3m46.7x63.2x5.7x
Sun, 03 Nov 2024₺36.0b₺6.3b₺1.0b23.9x36x5.8x
Tue, 01 Oct 2024₺30.2b₺6.1b₺1.2b18.1x26.2x4.9x
Thu, 29 Aug 2024₺32.3b₺5.8b₺1.2b26.2x27.8x5.6x
Sat, 27 Jul 2024₺38.5b₺5.8b₺1.1b28.5x36x6.7x
Mon, 24 Jun 2024₺33.2b₺5.7b₺907.6m31.4x36.6x5.8x
Wed, 22 May 2024₺32.7b₺5.6b₺838.8m27x39x5.9x
Fri, 19 Apr 2024₺38.4b₺2.6b₺960.9m27.3x40x14.9x
Sun, 17 Mar 2024₺39.7b₺1.8b₺710.6m24.8x55.9x22x
Tue, 13 Feb 2024₺18.8b₺1.8b₺710.6m25.5x26.4x10.4x
Thu, 11 Jan 2024₺11.8b₺1.8b₺710.6m11.9x16.6x6.5x
Sat, 09 Dec 2023₺11.7b₺2.2b₺763.6m25.3x15.4x5.5x
Mon, 06 Nov 2023₺9.5b₺1.8b₺588.4m22.3x16.1x5.3x
Wed, 04 Oct 2023₺8.9b₺1.4b₺535.5m12.2x16.6x6.2x
Fri, 01 Sep 2023₺7.2b₺1.4b₺522.7m9.4x13.7x5.1x
Sun, 30 Jul 2023₺5.2b₺1.1b₺376.5m8.8x13.8x4.8x
Tue, 27 Jun 2023₺3.8b₺1.1b₺376.5m6.9x10x3.5x
Thu, 25 May 2023₺3.0b₺1.1b₺376.5m5.9x8.1x2.8x
Sat, 22 Apr 2023₺3.5b₺946.8m₺375.5m5.4x9.4x3.7x
Mon, 20 Mar 2023₺3.9b₺946.8m₺375.5m6x10.4x4.1x
Price to Earnings Ratio

10.4x


Total Market Cap: ₺3.9bTotal Earnings: ₺375.5mTotal Revenue: ₺946.8mTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish IT Industry Price to Earnings3Y Average 32.9x202420252026
Current Industry PE
  • Investors are optimistic on the Turkish IT industry, and appear confident in long term growth rates.
  • The industry is trading at a PE ratio of 42.5x which is higher than its 3-year average PE of 32.9x.
  • The 3-year average PS ratio of 6.1x is lower than the industry's current PS ratio of 7.0x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 85% per year over the last three years.
  • Revenues for these companies have grown 147% 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 industry?

TR Market1.20%
Tech2.07%
IT2.29%
IT Consulting2.29%
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 32.9x.
    • It looks like they are confident that earnings will grow faster in the future than they have historically.
  • Investors are most pessimistic about the IT Consulting industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 32.9x.
Forecasted GrowthThere is insufficient data on the sub-industries of this industry.

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₺679.002.8%
+₺2.0b
401.1%PE209.2x
ARDYZ Ard Grup Bilisim Teknolojileri Anonim Sirketi₺42.503.4%
+₺451.2m
37.5%PE26.8x
VBTYZ VBT Yazilim Anonim Sirketi₺23.027.2%
+₺180.2m
4.6%PE15.4x

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