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Turkish (BIST) IT Industry Analysis

UpdatedJan 21, 2025
DataAggregated Company Financials
Companies6
  • 7D2.2%
  • 3M30.7%
  • 1Y3.0%
  • YTD2.8%

The IT industry is up 2.4% in the last week, with Pasifik Teknoloji up 3.7%. Overall in the last year, the industry is flat.

Industry Valuation and Performance

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

DateMarket CapRevenueEarningsPEAbsolute PEPS
Tue, 21 Jan 2025₺40.0b₺6.4b₺581.3m50.1x68.8x6.2x
Thu, 19 Dec 2024₺37.3b₺6.4b₺581.3m49.3x64.1x5.8x
Sat, 16 Nov 2024₺35.3b₺6.7b₺585.9m44.8x60.3x5.2x
Mon, 14 Oct 2024₺27.8b₺6.3b₺1.0b22.2x27.8x4.4x
Wed, 11 Sep 2024₺32.3b₺6.1b₺1.1b26.9x29.5x5.3x
Fri, 09 Aug 2024₺35.4b₺5.8b₺1.1b28x33.1x6.1x
Sun, 07 Jul 2024₺30.7b₺5.8b₺1.1b25.8x28.7x5.3x
Tue, 04 Jun 2024₺31.6b₺6.3b₺870.3m29.6x36.3x5x
Thu, 02 May 2024₺40.2b₺2.6b₺960.9m29.8x41.8x15.6x
Sat, 30 Mar 2024₺32.6b₺1.8b₺710.6m23.1x45.9x18.1x
Mon, 26 Feb 2024₺33.0b₺1.8b₺710.6m31.6x46.5x18.3x
Wed, 24 Jan 2024₺12.7b₺1.8b₺710.6m15x17.9x7x
Fri, 22 Dec 2023₺10.9b₺2.2b₺763.6m20.2x14.3x5.1x
Sun, 19 Nov 2023₺10.7b₺2.2b₺763.6m20.6x14x5x
Tue, 17 Oct 2023₺8.2b₺1.8b₺588.4m17.3x14x4.6x
Thu, 14 Sep 2023₺7.1b₺1.4b₺522.7m8.4x13.7x5.1x
Sat, 12 Aug 2023₺5.9b₺1.3b₺415.8m13.7x14.2x4.6x
Mon, 10 Jul 2023₺4.1b₺1.1b₺376.5m7.6x10.8x3.7x
Wed, 07 Jun 2023₺3.6b₺1.1b₺376.5m6.9x9.5x3.3x
Fri, 05 May 2023₺3.1b₺946.8m₺375.5m4.5x8.2x3.2x
Sun, 02 Apr 2023₺3.6b₺946.8m₺375.5m5.5x9.5x3.8x
Tue, 28 Feb 2023₺3.7b₺717.5m₺251.1m8.2x14.8x5.2x
Thu, 26 Jan 2023₺4.4b₺717.5m₺251.1m9.2x17.5x6.1x
Sat, 24 Dec 2022₺5.0b₺717.5m₺251.1m11x20x7x
Mon, 21 Nov 2022₺4.5b₺717.5m₺251.1m10x17.9x6.3x
Wed, 19 Oct 2022₺3.5b₺632.3m₺203.4m12.3x17x5.5x
Fri, 16 Sep 2022₺2.9b₺632.3m₺203.4m11.2x14.2x4.6x
Sun, 14 Aug 2022₺3.2b₺563.6m₺190.8m10x16.6x5.6x
Tue, 12 Jul 2022₺2.0b₺563.6m₺190.8m9.5x10.5x3.6x
Thu, 09 Jun 2022₺1.9b₺563.6m₺190.8m8x10.1x3.4x
Sat, 07 May 2022₺1.9b₺543.3m₺158.7m28.8x12.2x3.6x
Mon, 04 Apr 2022₺1.9b₺543.3m₺158.7m28.4x11.7x3.4x
Wed, 02 Mar 2022₺1.8b₺466.9m₺142.3m24.2x12.5x3.8x
Fri, 28 Jan 2022₺2.4b₺466.9m₺142.3m26.2x16.9x5.1x
Price to Earnings Ratio

16.9x


Total Market Cap: ₺2.4bTotal Earnings: ₺142.3mTotal Revenue: ₺466.9mTotal Market Cap vs Earnings and Revenue0%0%0%
Turkish IT Industry Price to Earnings3Y Average 23.3x202320242025
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 69.0x which is higher than its 3-year average PE of 23.3x.
  • The industry is trading close to its 3-year average PS ratio of 6.0x.
Past Earnings Growth
  • The earnings for companies in the IT industry have grown 60% per year over the last three years.
  • Revenues for these companies have grown 140% 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 Market2.26%
Tech2.47%
IT2.20%
IT Consulting2.20%
Internet Services and Infrastructure0%0
Data Processing Services0%0
Industry PE
  • Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 23.3x.
    • 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 23.3x.
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
ARDYZ Ard Grup Bilisim Teknolojileri Anonim Sirketi₺39.743.9%
+₺251.6m
8.3%PE60.8x
KFEIN Kafein Yazilim Hizmetleri Ticaret₺105.0012.4%
+₺226.2m
14.3%PE16.6x
VBTYZ VBT Yazilim Anonim Sirketi₺25.526.5%
+₺182.5m
11.8%PE23.9x
OBASE Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret₺33.002.9%
+₺42.8m
-24.3%PE579.5x
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Latest News

PATEK

₺102.00

Pasifik Teknoloji

7D

-4.9%

1Y

n/a

KFEIN

₺105.00

Kafein Yazilim Hizmetleri Ticaret

7D

12.4%

1Y

14.3%

OBASE

₺33.00

Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret

7D

2.9%

1Y

-24.3%

VBTYZ

₺25.52

VBT Yazilim Anonim Sirketi

7D

6.5%

1Y

11.8%