Turkish (BIST) IT Industry Analysis
UpdatedApr 27, 2024
DataAggregated Company Financials
Companies6
- 7D5.9%
- 3M19.4%
- 1Y373.4%
- YTD107.6%
Over the last 7 days, the IT industry has risen 5.9%, driven by gains from every company within the industry. In the last 12 months, the industry was up 373%.
Industry Valuation and Performance
Has the Turkish IT Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 27 Apr 2024 | ₺41.3b | ₺2.6b | ₺960.9m | 31.4x | 43x | 16x |
| Mon, 25 Mar 2024 | ₺34.9b | ₺1.8b | ₺710.6m | 24.1x | 49.1x | 19.4x |
| Wed, 21 Feb 2024 | ₺27.6b | ₺1.8b | ₺710.6m | 25.6x | 38.8x | 15.3x |
| Fri, 19 Jan 2024 | ₺12.0b | ₺1.8b | ₺710.6m | 13.4x | 16.9x | 6.7x |
| Sun, 17 Dec 2023 | ₺11.3b | ₺2.2b | ₺763.6m | 22.3x | 14.8x | 5.3x |
| Tue, 14 Nov 2023 | ₺10.0b | ₺2.1b | ₺761.3m | 19.2x | 13.1x | 4.7x |
| Thu, 12 Oct 2023 | ₺9.1b | ₺1.4b | ₺535.5m | 11.5x | 17x | 6.3x |
| Sat, 09 Sep 2023 | ₺7.5b | ₺1.4b | ₺522.7m | 8.9x | 14.3x | 5.3x |
| Mon, 07 Aug 2023 | ₺6.0b | ₺1.1b | ₺376.5m | 9.9x | 15.8x | 5.5x |
| Wed, 05 Jul 2023 | ₺4.0b | ₺1.1b | ₺376.5m | 7.3x | 10.6x | 3.7x |
| Fri, 02 Jun 2023 | ₺3.5b | ₺1.1b | ₺376.5m | 6.7x | 9.3x | 3.2x |
| Sun, 30 Apr 2023 | ₺3.4b | ₺946.8m | ₺375.5m | 5x | 9.1x | 3.6x |
| Tue, 28 Mar 2023 | ₺3.8b | ₺946.8m | ₺375.5m | 5.8x | 10.1x | 4x |
| Thu, 23 Feb 2023 | ₺3.6b | ₺717.5m | ₺251.1m | 8.1x | 14.2x | 5x |
| Sat, 21 Jan 2023 | ₺4.7b | ₺717.5m | ₺251.1m | 9.9x | 18.8x | 6.6x |
| Mon, 19 Dec 2022 | ₺5.1b | ₺717.5m | ₺251.1m | 11.2x | 20.4x | 7.1x |
| Wed, 16 Nov 2022 | ₺4.1b | ₺689.8m | ₺224.7m | 9.8x | 18.4x | 6x |
| Fri, 14 Oct 2022 | ₺3.3b | ₺632.3m | ₺203.4m | 12.2x | 16.3x | 5.2x |
| Sun, 11 Sep 2022 | ₺2.9b | ₺584.2m | ₺179.5m | 11.8x | 16x | 4.9x |
| Tue, 09 Aug 2022 | ₺3.0b | ₺563.6m | ₺190.8m | 9.9x | 15.5x | 5.2x |
| Thu, 07 Jul 2022 | ₺2.0b | ₺563.6m | ₺190.8m | 9.1x | 10.3x | 3.5x |
| Sat, 04 Jun 2022 | ₺1.9b | ₺563.6m | ₺190.8m | 8x | 10x | 3.4x |
| Mon, 02 May 2022 | ₺1.9b | ₺543.3m | ₺158.7m | 29.2x | 12x | 3.5x |
| Wed, 30 Mar 2022 | ₺1.9b | ₺543.3m | ₺158.7m | 28.3x | 11.8x | 3.4x |
| Fri, 25 Feb 2022 | ₺1.7b | ₺466.9m | ₺142.3m | 22.3x | 12x | 3.7x |
| Sun, 23 Jan 2022 | ₺2.2b | ₺466.9m | ₺142.3m | 26.7x | 15.8x | 4.8x |
| Tue, 21 Dec 2021 | ₺2.1b | ₺466.9m | ₺142.3m | 27.2x | 14.8x | 4.5x |
| Thu, 18 Nov 2021 | ₺2.1b | ₺466.9m | ₺142.3m | 26.3x | 14.8x | 4.5x |
| Sat, 16 Oct 2021 | ₺2.0b | ₺395.9m | ₺122.2m | 16.4x | 16x | 4.9x |
| Mon, 13 Sep 2021 | ₺2.3b | ₺395.9m | ₺122.2m | 20.1x | 18.9x | 5.8x |
| Wed, 11 Aug 2021 | ₺2.4b | ₺395.9m | ₺122.2m | 21.3x | 19.9x | 6.1x |
| Sun, 06 Jun 2021 | ₺1.7b | ₺336.3m | ₺97.4m | 19.4x | 17x | 4.9x |
Price to Earnings Ratio
19.5x
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 43.0x which is higher than its 3-year average PE of 16.8x.
- The 3-year average PS ratio of 5.8x is lower than the industry's current PS ratio of 16.0x.
Past Earnings Growth
- The earnings for companies in the IT industry have grown 114% per year over the last three years.
- Revenues for these companies have grown 97% 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 Market | 3.05% | |
| Tech | 1.50% | |
| IT | 5.91% | |
| IT Consulting | 5.91% | |
| Internet Services and Infrastructure | 0% | |
| Data Processing Services | 0% | |
Industry PE
- Investors are most optimistic about the IT Consulting industry which is trading above its 3-year average PE ratio of 16.8x.
- 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 16.8x.
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?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| ODINE Odine Solutions Teknoloji Ticaret ve Sanayi | ₺91.95 | 15.5% +₺1.4b | n/a | PE40.6x | |
| PATEK Pasifik Donanim ve Yazilim Bilgi Teknolojileri | ₺111.40 | 3.1% +₺455.6m | n/a | n/a | |
| VBTYZ VBT Yazilim Anonim Sirketi | ₺35.38 | 6.1% +₺236.3m | 298.0% | n/a | |
| KFEIN Kafein Yazilim Hizmetleri Ticaret | ₺135.50 | 7.9% +₺195.5m | 545.2% | PE22.2x | |
| ARDYZ Ard Grup Bilisim Teknolojileri Anonim Sirketi | ₺41.24 | 0.5% +₺34.0m | 478.4% | PE13.1x |